Dix Noonan Webb’s 905-lot Sept. 25 paper money auction in London
concluded with total sales, including commission, of £339,534 or
$456,568. The action was dominated by the British Commonwealth
material, where some lots far exceeded their estimates.
The most spectacular example was a perforated Malaya & British
Borneo Board of Commissioners of Currency $100 specimen note of March
21, 1953. Estimated at £1,500 to £2,000 in Extremely Fine, it was sold
at £13,200 ($17,730) with commission. Another Extremely Fine
perforated specimen issue, a Mauritius 1,000-rupee note, 1954 to 1967,
doubled its £4,000 to £5,000 estimate with a price of £10,200 ($13,705).
The year coin collecting in the United States
Also in this week’s print issue of Coin World, we cite the secret
weapon for any modern coin researcher or collector interested in how
coins are made.
Among the Bank of England offerings, standing out with a £7,800
($10,480) bid was a presentation pair of 10-shilling and £1 notes
signed by C.P. Mahon with identical serial numbers and still in their
original parchment envelope. The catalog states that in November 1928,
the Bank of England issued its first 10-shilling notes and its first
£1 notes in over 100 years. The first 125 examples of each
denomination were presented to dignitaries. These two are traced to
the first Lord Kindersley, who was a director of the Bank of England
from 1914 to 1946.
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A collection of 78 Irish 10-shilling notes saw lively bidding across
platforms. It had a 100 percent sell-through rate and a total realized
price of £30,816. The two most successful bidders were a collector and
a dealer, both based in Dublin.