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Extremely Rare and Important Billete Provisional Overprint-Ex Carter

Author: Stack's Bowers Galleries / Wednesday, January 03, 2018 / Categories: Paper Money of the Week

Lot 10043 from our upcoming official auction of the New York Internationational Numismatic Convention offers an important highlight from the Eldorado Collection: Banco de la República Billete Provisional - Overprinted on Casa de Moneda de Medellín. 2 ½ Pesos. ND (1923). P-351 is an extremely rare Provisional overprint note with an illustrious pedigree. Long recognized as one of the key notes from the República series, it is rarely encountered. This example hails from the Amon Carter, Jr. Collection and was last sold in December 1997 at Spink America as part of the paired Lot 522. That two note lot realized $7,150. The ABNCo. printed host is a satisfying example, clean and sharp, with normal wear for the grade. The overprint on the deep green back is bold. It is the finest graded, much finer than the repaired Ward Collection note that still realized $6,210 at its aggressive opening bid. This finer note, exceptionally well pedigreed from these two illustrious cabinets, is worthy of exceeding that result.

This note is featured in Session A which will cross the block on January 11, beginning at Noon ET at the Grand Hyatt Hotel in New York City. The auction is available for viewing online at StacksBowers.com.