2019-01-24 Thu

Stack’s Bowers Galleries auctioned several interesting banknotes at the January 2019 New York International Numismatic Convention (NYINC) Auction. Well-preserved and rare Canadian and Chinese banknotes fared really well during these auctions.

Some of the highlights include a 1920 1 Dollar from Newfoundland which was sold for $26,400, a Dominion of Canada 1898 1 Dollar which was auctioned for $25,200 and a rare Imperial Bank of Canada 50 Dollar Specimen which was sold for $19,200.

Among Chinese banknotes, a Chinese Empire Board of Revenue 5 Taels issued in 1854 was auctioned for $13,200. The note was not heavily circulated. Apart from the Holes and Annotations, it looks splendid as it features clear stamps and overprints. The note had an estimated value of $5,000 to $7,000 and was graded PMG Very Fine 30. A Straits Settlements 100 Dollars note issued in 1925 was sold for $18,000.

Apart from Canada and China, banknotes from other parts of the world were also offered such as, a set of Republica Specimens from Columbia, which was sold for $15,600. A group of Unlisted Specimens from Bahrain was auctioned for $16,800 and a 10 Pound Palestine Specimen was sold for $14,400.

Image Courtesy: Stacks and Bowers Galleries