Heritage to Present World Banknote Rarities at January 2018 FUN Sale

by CoinNews.net on December 21, 2017 · 1 comment

Hawaiian, German, Spanish and French banknotes are among the more than 1,600 lots of World banknotes that Heritage Auctions (HA.com) will present Jan. 4 to 8 during the 63rd annual Florida United Numismatists (FUN) convention in Tampa, Florida.

German New Guinea Australian Occupation WWI $5 note

One of the four German New Guinea Australian Occupation WWI notes offered in a set during Heritage Auctions’ FUN World Signature Sale (Imaged by Heritage Auctions, HA.com)

A rare set of four German New Guinea Australian Occupation WWI notes (est. $200,000 to $240,000) may very well end up claiming top-lot honors at the sale. The set includes four of the five known denominations issued, all in incredible condition compared to other known survivors. German New Guinea notes issued under Australian occupation in World War I are so scarce that it has been more than a decade since two of these denominations have been offered at auction.

"This event has been extremely successful for us in recent years, and we anticipate similarly strong results this year," Heritage Auctions Currency Consignment Director Dustin Johnston said. "We have compiled an extensive collection of currency from around the world, enough to appeal to collectors of many different kinds of currency."

A South Vietnam National Bank of Viet Nam 1000 Dong ND (1955-56) Pick 4As Specimen (est. $40,000 to $50,000) is easily one of South Vietnam’s most coveted designs.

South Vietnam National Bank of Viet Nam 1000 Dong ND (1955-56) Pick 4As Specimen

South Vietnam National Bank of Viet Nam 1000 Dong ND (1955-56) Pick 4As Specimen (Imaged by Heritage Auctions, HA.com)

The French polychrome inks remain bright in this design depicting Vietnamese scenes; the Old Man and Temple design is one of the most popular engraving on all of World Paper money. All features are enhanced by the stainless French banknote paper.

A Spain Banco de Espana 500 Pesetas 1.10.1886 Pick 37 (est. $20,000 to $30,000) is extremely difficult to find in any grade range, much less an example at PMG Extremely Fine 40 Net.

Spain Banco de Espana 500 Pesetas 1.10.1886 Pick 37

Spain Banco de Espana 500 Pesetas 1.10.1886 Pick 37 (Imaged by Heritage Auctions, HA.com)

One of the rarest pieces of paper money in all of Spanish Numismatics, this early Spanish piece has been repaired, but that is overshadowed by the sheer rarity of the note. This 500 Pesetas is the only example graded by PMG.

This Pakistan State Bank of Pakistan Haj Pilgrim Issue 10 Rupees ND (1950) Pick R2 (est. $15,000 to $20,000) may well be the finest Haj Pilgrimage 10 Rupees note from the first Pakistani issue, and was printed for use in Saudi Arabia by Pakistan’s attending Haj.

Pakistan State Bank of Pakistan Haj Pilgrim Issue 10 Rupees ND (1950) Pick R2

Pakistan State Bank of Pakistan Haj Pilgrim Issue 10 Rupees ND (1950) Pick R2 (Imaged by Heritage Auctions, HA.com)

This note is rarely seen, especially in such pristine condition, which underscores the likelihood that it will be extremely popular among serious collectors.

The auction also will include a collection of rare Hawaiian notes, both in issued and proof form. Among the group’s top lots:

A Hawaii Kingdom of Hawaii $100 ND (1879) Pick 4b Remainder (est. $25,000 to $35,000) from the Art Davidson Collection was acquired by the consignor from a Newman auction featuring a set of proofs, $10 through $100. The final member of this Hawaiian Islands remainder set is exceedingly rare in any form.

Hawaii Kingdom of Hawaii $100 ND (1879) Pick 4b Remainder

Hawaii Kingdom of Hawaii $100 ND (1879) Pick 4b Remainder (Imaged by Heritage Auctions, HA.com)

The face design is memorable and combines stellar elements from the ABN repertoire, including a globe at the center that shows the Americas. At the left is a steamer headed west and a train headed east, with palm trees in the background. Also included are images of a cow and a galloping horse. One of the auction’s most attractive notes, with blue tints not often seen on earlier American Obsolete or Federal type notes. The note was printed in 1879 to 80 years before Hawaii became a state.

Davidson’s collection includes many Federal issues in the United States Currency Auction at this event, all incredible $100 notes spanning the history of U.S. currency.

A Hawaii Kingdom of Hawaii $100 ND (1879) Pick 4b (est. $15,000 to $25,000) is the highest denomination of the first series. This is a particularly rare example — even more so than proofs or specimens — because fewer of these high denominations were released.

Hawaii Kingdom of Hawaii $100 ND (1879) Pick 4b

Hawaii Kingdom of Hawaii $100 ND (1879) Pick 4b (Imaged by Heritage Auctions, HA.com)

Because of large American business interest at the time, corporations preferred to have large sums of money in U.S. dollars. Notes did not fare well in the unforgiving climate, making notes like this one with the bright blue inks intact very rare.

Another Hawaii Department of Finance $5 1895 (1899) Pick 6p Face Proof (est. $10,000 to $15,000) features the classic golden design from the Series B Gold Coin issue. There was another subsequent gold coin series, but all features in that series were executed in blue.

Hawaii Department of Finance $5 1895 (1899) Pick 6p Face Proof

Hawaii Department of Finance $5 1895 (1899) Pick 6p Face Proof (Imaged by Heritage Auctions, HA.com)

This note features outstanding intaglio embossing and underprints, as well as serial numbers made up only of zeroes and four POCs over the signature area.

Other top lots include, but are not limited to:

  • Danish West Indies Dansk-Vestindiske National Bank 20 Francs 1905 Pick 19a: est. 30,000 to $35,000
  • Government of Ceylon 50 Rupees 50 Rupees 1.11.1909 Pick UNL: est. $12,500 to $17,500
  • Government of Fiji £20 ND (1937-51) Pick 43s Specimen: est. $10,000 to $15,000
  • Reserve Bank of India 1000 Rupees ND (1954-57) Pick 46s Jhunjhunwalla 6.9.1 Specimen: est. $10,000 to $15,000
  • Reserve Bank of New Zealand £50 1.8.1934 Pick 157: est. $10,000 to $15,000
  • Government of India 1000 Rupees ND (1928) Pick 12e Jhunjhunwalla 11.2A: est. $10,000 to $12,000
  • Central Bank of the Bahamas $50 1974 Pick 40a: est. $8,000 to $10,000

Heritage Auctions’ FUN World Currency Sale runs Jan. 4 to 8 in Tampa, Florida. The firm’s Platinum Night Auction starts at 6 p.m. Eastern Time, Jan. 4, offering bidding via live floor, live phone, mail, fax, internet and Heritage Live on HA.com.

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My *brother Dan,when he finally got back home from Vietnam 69 to 71, with a pile of gifts for everyone, Dan*s gift to me was a nice stash of Vietnam*cash & some coins, the cash$$$ were a rainbow* of colors all crunch up in the bottom of a big checker board suitcase, i* was 12 at that time, good time’s to be had by all,back when*, when i was working on the road after high school 78* for 5 years i was home sitting on my bed stair,en at our book case at all the books i never read, except for Big Red* & Jonhathen Seagull* and my two coin books, but i did not read the coin books but study them, then ”bingo” i remember all the *Vietnam cash i put in all the books i didn’t read to flat,in them out, the bad ones i* ”iron’ed” not a… Read more »