Early 20th century South African 20-Pound banknote realizes $10,620 at auction, April 16th An early 20th century Standard Bank of South Africa, Ltd. color trial specimen banknote for 20 Pounds sold for $10,620 at an auction held Apr. 16 by Archives International Auctions in Fort Lee, N.J.
Reserve Bank Note with two-digit serial number (D92A), and with great color and embossing at the margins, graded Very Choice New 64, with only some slight teller handling, knocked down at $3,070; and an 1879 $500 First Mortgage 7 percent specimen bond for the Long Island Railroad, with detached coupons, in fine condition, breezed to $1,240.
A Seychelles issued banknote for 10 Rupees, dated Jan. 1, 1967 and showing Queen Elizabeth II, in gem uncirculated condition, fetched $2,840; an 1894 Nicaraguan issued note for 10 Pesos, graded PMG 8 VG NET, achieved $2,360; and a 1945 5-Kroner issued banknote from Greenland depicting a polar bear on ice, in remarkable gem uncirculated condition, made $1,890.
An unlisted specimen banknote from India for 2 Rupees (1969-1970), red-violet colored, with large margins, bright colors and a fresh appearance to go with a choice uncirculated (and claims to gem) condition, soared to $2,360.
A Dubuque (Wisconsin Territory) $50 obsolete banknote from circa the 1830s, showing allegorical nude women with eagles and cherubs with a horse, in choice very good condition, hammered for $1,890; and an 1894 four percent certificate of ownership specimen in the amount of $10,000 for the “Cherokee Outlet” (a strip of land in the Oklahoma Territory) brought $1,650.
An early Southern issued banknote for $500 (1839, Jackson, Miss.), with graphics of Native American figures and a steamboat, payable at 5 percent, in uncirculated condition, went for $800; and a Civil War issued banknote dated Sept. 2, 1861 (Richmond, Va.), T-31 $5 Issued note, black with a red protector, attractive and rare and graded well at PMG Very Fine 20, crossed the block for $1,300.
Archives International Auctions’ next big sale will be on June 4, in Fort Lee. Highlights will include an early Peru specimen banknote from Banco de Londres Mexico Y Sud America, a Mercantile Bank of India, Hong Kong rarity, a unique Boston Sub-Marine & Wrecking Company issued stock certificate (1854), and new to the collecting community encased postage including a lovely example of Burnett’s Standard Cooking Extracts; Colonial coins; Indian Cent Proofs and much more.
To learn more about Archives International Auctions and the upcoming June 4th auction, please log on to www.archivesinternational.com. Updates are posted frequently. Archives International Auctions and Dr. Robert Schwartz can be contacted at 1-201-944-4800 or by email at firstname.lastname@example.org. Consignments are invited for their October 19th, 2013 auction to be held in conjunction to the “Third Annual Wall Street Coins, Currency and Collectibles Show” being held at the Museum of American Finance.