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Rare Money Blog

By Stack's Bowers Galleries

Next week, our Manager of European Operations, Maryna Synytsya, and our Director of World Paper Money Auctions, Aris Maragoudakis, will be on hand in Maastricht at the Paper Money Fair. If you are looking to have your banknotes evaluated or purchased or wish to consign to one of our upcoming auctions, Maryna and Aris will be available for appointments at the show from April 11 through April 13. ​​

By Aris Maragoudakis, Director of World Currency Auctions

This week’s highlight is found in lot 50464. It’s a Straits Settlements Pick 18a KNB22a-d 10 Dollar note in a PMG CAU 58 holder that is free of any comments. This $10 KGV design is one of the most pleasing we have handled. The 1934 date is much more challenging than the later 1935 issue. These notes when offered are typically barely at a Very Fine level and usually have problems. This example goes against the norm and offers Gem appeal with just a touch of circulation. ​​

By Aris Maragoudakis, Director of World Currency Auctions

Our March Hong Kong Sale, held at the Mira Hotel, March 25 at 1:00 PM HKT contains many highlights, some of which have been featured here. An additional highlight is found in lot 50372.

By Aris Maragoudakis, Director of World Currency Auctions

Our March Hong Kong Sale, held at the Mira Hotel, March 25 at 1:00 PM HKT will offer a few very impressive People’s Republic of China notes. One of the top highlights can be found in lot 50163, a 1951 5,000 Yuan from the Xinjiang Province in a PMG VF 20 holder, estimated at 40,000 to $60,000. A significant 1951 10,000 Yuan follows in lot 50164 showcasing the Camel Caravan design. It carries a very modest $25,000 to $30,000 estimate. 

Baltimore, MD -  The Stack’s Bowers Galleries February 28 offering of Part IV of the Joel R. Anderson Collection of United States Paper Money in Baltimore, achieved nearly $8 million. Online bidders competed with those in the room for 54 lots in this final offering, bringing the total prices realized for the Joel R. Anderson Collection to $34,126,980, and making it the most valuable United States paper money cabinet ever sold at auction. Three notes crossed the million-dollar mark and nearly a quarter of the lots exceeded $100,000.

By Aris Maragoudakis, Director of World Currency Auctions

Our upcoming Hong Kong Auction on March 25 at the Mira Hotel will showcase an incredibly rare 1929 25 Dollar Sarawak note in lot 50442. This is an important opportunity to acquire one of the rarest and most sought after pieces in the Sarawak catalog. This BWC note is seldom offered in any form, and it is the first time we have offered one at this venue. ​​

By Aris Maragoudakis, Director of World Currency Auctions

Available online now, is our Annual Spring Hong Kong Paper Money Sale. This year we are excited to be offering highlights that span the entire globe, in response to interest shown by the market for a variety of foreign notes, not just those from the commonwealth.​​

While art and numismatics are both collector driven industries, they have long been considered completely separate from each other, even though they have more in common than would seem at first glance. For those with an affinity for both industries, it is easy to see the overlap, as the gap between them has begun to close, particularly in the field of modern art.

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