The week of Coinex, the international coin show in London organized
by the British Numismatic Trade Association, will include a 790-lot
auction of world paper money by Dix Noonan Webb on Oct. 3.
The DNW auction
is almost equally divided between notes of Britain, Scotland, and
Ireland, and those from the rest of the world.
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Two specimen notes are expected to fetch the most, with estimates of
£1,000 to £1,500 ($1,300 to $1,950) each, are a pair from the Malaya
and British Borneo Board of Commissioners of Currency. One is a $50
note of March 21, 1953, perforated with SPECIMEN and graded Good Very
Fine to Extremely Fine. The other is a $1 note of March 1, 1959,
perforated SPECIMEN OF NO VALUE with a grade of Good Extremely Fine to
At £10,000 to £15,000, a Bank of Taiwan 50-yen in silver note from
1901 is the standout item in the world category. The note is the
highest denomination in its series. It has four hole punches and the
characters MI-HON stamped in red. It is called extremely rare and is
described as grading Good Very Fine with some folds and creases.
One session is devoted to issues of the British Isles. Far from the
most expensive, with just a £260 high estimate, but among the most
interesting lots is an About Uncirculated £10 note from the
Stratford-upon-Avon branch of the Stourbridge & Kidderminster
Banking Co. It has a half-length facing bust of the town’s most famous
export, William Shakespeare, at its center.