WORLD BANKNOTES 31 AUGUST 2023 AT 10 AM FEATURED COLLECTION LOT 281–345 INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE BACK COVER LOT 283 GOVERNMENT OF INDIA A PRINTERS DESIGN FOR 5 RUPEES LAHORE OR CALCUTTA 20 JANUARY 18- (1871) ABOVE LOT 385 BANK INDONESIA 1000 RUPIAH, 1858 REVERSE
        AUCTION
          AN AUCTION OF: BANKNOTES
          DATE: 31 AUGUST 2023 AT 10 AM
          VIEWING
          STRICTLY BY APPOINTMENT ONLY
          PUBLIC VIEWING
          PLEASE CONTACT 020 7016 1700 OR BANKNOTES@NOONANS.CO.UK
          ALL APPOINTMENTS TO VIEW
          PLEASE CONTACT 020 7016 1700 OR VIEWING@NOONANS.CO.UK
          ALL LOTS ARE AVAILABLE TO VIEW ONLINE WITH FULL ILLUSTRATIONS AND CONDITION REPORTS AT WWW.NOONANS.CO.UK
          CONTACTS
          GENERAL AUCTION ENQUIRIES AUCTIONS@NOONANS.CO.UK
          BANKNOTE ENQUIRIES
          BANKNOTES@NOONANS.CO.UK
          ACCOUNT ENQUIRIES
          ACCOUNTS@NOONANS.CO.UK
          BANK DETAILS
          BANKERS: LLOYDS
          ADDRESS: 39 PICCADILLY, LONDON W1J 0AA
          SORT CODE: 30-96-64
          ACCOUNT NO.: 00622865
          SWIFT CODE: LOYDGB2L
          IBAN: GB70LOYD30966400622865
          BIC: LOYDGB21085
          BOARD OF DIRECTORS
          PIERCE NOONAN
          CHAIRMAN AND CEO
          NIMROD DIX
          DEPUTY CHAIRMAN
          ROBIN GREVILLE
          CHIEF OPERATING OFFICER
          CHRISTOPHER WEBB
          CLIENT LIAISON DIRECTOR (NUMISMATICS)
          AUCTION AND CLIENT SERVICES
          PHILIPPA HEALY
          HEAD OF ADMINISTRATION (ASSOC. DIRECTOR)
          PHILIPPA@NOONANS.CO.UK
          T. 020 7016 1775
          ANNA GUMOLA ACCOUNTS AND ADMINISTRATION
          ANNA@NOONANS.CO.UK
          T. 020 7016 1700
          SASHA CHOWN ADMINISTRATOR
          SASHA@NOONANS.CO.UK
          T. 020 7016 1700
          CHRISTOPHER MELLOR-HILL
          HEAD OF CLIENT LIAISON (ASSOC. DIRECTOR)
          CHRISTOPHER@NOONANS.CO.UK
          T. 020 7016 1771
          JAMES CARVER
          CLIENT LIAISON
          JBC@NOONANS.CO.UK
          T. 020 7016 1771
          CHRIS FINCH HATTON
          CLIENT LIAISON
          FINCH@NOONANS.CO.UK
          T. 020 7016 1754
          JAMES KING LOGISTICS AND FACILITIES MANAGER
          JAMES@NOONANS.CO.UK
          T. 020 7016 1755
          IAN ANDERSON
          CHIEF TECHNOLOGY OFFICER (ASSOC. DIRECTOR)
          IAN@NOONANS.CO.UK
          T. 020 7016 1751
          BANKNOTE SPECIALISTS
          ANDREW PATTISON HEAD OF DEPARTMENT (ASSOC. DIRECTOR)
          ANDREW@NOONANS.CO.UK
          T. 020 7016 1831
          THOMASINA SMITH
          HEAD OF NUMISMATICS (ASSOC. DIRECTOR)
          THOMASINA@NOONANS.CO.UK
          T. 020 7016 1832
          BARNABY FAULL
          SENIOR BANKNOTE SPECIALIST
          BARNABYFAULL@NOONANS.CO.UK
          T. 020 7016 1833
          MICHAEL O’GRADY BANKNOTE SPECIALIST
          MICHAELOGRADY@NOONANS.CO.UK
          T. 020 7016 1700
          ORDER OF SALE
          
              
              
            
            WORLD BANKNOTES
          THURSDAY 31 AUGUST AUCTION STARTING AT 10 AM AFGHANISTAN 1–5 ALBANIA 6–9 ALGERIA 10–14 ANGOLA 15–37 ARGENTINA 38 AUSTRALIA 39–63 BAHAMAS 64–72 BAHRAIN 73 BANGLADESH 74 BARBADOS 75–77 BELGIAN CONGO 78–84 BELIZE 85–91 BERMUDA 92–97 BHUTAN 98 BRAZIL 99 BRITISH CARIBBEAN TERRITORIES 100–102 BRITISH GUIANA 103 BRITISH HONDURAS 104–105 BRITISH NORTH BORNEO 106–110 BRITISH WEST AFRICA 111–112 CAMBODIA 113 CAMEROON 114 CANADA 115 CAPE VERDE 116–117 CEYLON 118–123 CHINA 124–142 COLOMBIA 143–145 CYPRUS 146–149 CZECHOSLOVAKIA 150–151 DENMARK 152–153 DOMINICA 154 DOMINICAN REPUBLIC 155 EAST AFRICA 156–159 EAST CARIBBEAN STATES 160–193 ECUADOR 194 EGYPT 195–205 ESTONIA 206 EUROPEAN UNION 207–210 FALKLAND ISLANDS 211–224 FIJI 225–236 FINLAND 237 FRANCE 238–239 FRENCH EQUATORIAL AFRICA 240 FRENCH GUIANA 241 FRENCH INDOCHINA 242–243 FRENCH WEST AFRICA 244 GAMBIA 245 GERMANY 246–251 GHANA 252 GIBRALTAR 253–266 GREECE 267–269 GREENLAND 270 GRENADA 271 GUADALOUPE 272 GUATAMALA 273–274 HAITI 275 HONG KONG 276–277 HUNGARY 278–279 ICELAND 280 INDIAN PROOFS AND WATERMARKED PAPER FROM THE PORTALS ARCHIVE 281–345 INDIA 346–384 INDONESIA 385–386 PERSIA 387 IRAN 388–397 IRAQ 398–418 ISRAEL 419–421 ITALY 422–440 IVORY COAST 441 JAPAN 442–443 JORDAN 444–451 KEELING COCOS ISLANDS 452 KENYA 453 KOREA 454 KUWAIT 455–458 LAOS 459–460
        LATVIA 461 LEBANON 462–465 LIBYA 466–480 LITHUANIA 481–487 MADAGASCAR 488–489 MALAWI 490 MALAYA 491–497 MALAYA & BRITISH BORNEO 498–507 MALAYSIA 508–509 MALDIVES 510 MALI 511–513 MALTA 514–515 MAURITIUS 516–517 MEXICO 518 MONACO 519 MOROCCO 520–523 MOZAMBIQUE 524 NETHERLANDS 525–530 NETHERLANDS ANTILLES 531 NEW CALEDONIA 532–533 NEW ZEALAND 534–536 NIGERIA 537 NORTH KOREA 538–541 NORWAY 542 OMAN 543–548 PAKISTAN 549–550 PALESTINE 551–554 PERU 555 PHILIPPINES 556–557 PORTUGAL 558–561 PORTUGUESE GUINEA 562–563 PORTUGUESE INDIA 564–571 REUNION 572–574 RHODESIA 575–583 RHODESIA & NYASALAND 584–586 ROMANIA 587 RUSSIA 588–596 RWANDA 597 SAINT HELENA 598 SAINT LUCIA 599 SAINT PIERRE AND MIQUELON 600 SAINT KIT TS 601 SAINT THOMAS & PRINCE 602 SAINT VINCENT 603 SARAWAK 604–612 SAUDI ARABIA 613–614 SEYCHELLES 615–621 SINGAPORE 622–623 SOLOMON ISLANDS 624–625 SOUTH AFRICA 626–631 SOUTH KOREA 632–634 SOUTH VIETNAM 635–637 SOUTHERN RHODESIA 638–643 SPAIN 644–663 STRAITS SET TLEMENTS 664–676 SWAZILAND 677–678 SWEDEN 679–694 SWITZERLAND 695–696 SYRIA 697–698 TANZANIA 699 THAILAND 700–704 TIMOR 705–709 TONGA 710–712 TRINIDAD & TOBAGO 713–716 TUNISIA 717 TURKEY 718 UKRAINE 719 UNITED ARAB EMIRATES 720–721 CONFEDERATE/UNITED STATES OF AMERICA 722–725 VIETNAM 726 WEST AFRICAN STATES 727 YEMEN 728–732 YUGOSLAVIA 733 ZIMBABWE 734–735 ADVERTISING AND TEST NOTES 736–738 MISCELLANEOUS WORLD BANKNOTES 739–750
        ENGLISH PROVINCIAL BANKNOTES
          English Provincial Banknotes are organised by Outing reference.
          The Standard Catalogue of the Provincial Banknotes of England and Wales
          — Roger Outing
          TREASURY SERIES AND BANK OF ENGLAND
          Treasury Series and Bank of England are organised by EPM reference.
          English Paper Money 9th Edition
          — Pam West
          IRELAND AND NORTHERN IRELAND
          Ireland and Northern Ireland are organised by PMI reference and also by Pick reference.
          Paper Money of Ireland
          — Jonathan Callaway
          World Paper Money (three volumes)
          — Ed. George Cuhaj
          SCOTLAND
          Scotland is organised by PMS reference and occasionally also by Pick reference..
          Paper Money of Scotland (two volumes)
          — Jonathan Callaway and Dave Murphy
          ISLE OF MAN
          Isle of Man is organised by IOMPM reference and also by Pick reference.
          Isle of Man Paper Money
          — Pam West and Alan KellySE
          JERSEY
          Jersey is organised by IOMPM reference and also by Pick reference.
          Currencies of the Anglo Norman Isles (two volumes)
          — A. McCammon
          Banknote Yearbook 8th Edition
          — Ed. John Mussell
          The Banknote Book (Online Edition)
          — Owen Linzmayer
          GUERNSEY
          Guernsey is organised by BNYB reference.
          Banknote Yearbook 8th Edition
          — Ed. John Mussell
          REST OF THE WORLD
          The Rest of the World is organised mainly by TBB reference, with Pick as a secondary reference, or a primary reference in cases where TBB is not yet published.
          Various other country speci c reference books are also used on occasion.
          The Banknote Book (Online Edition)
          — Owen Linzmayer
          World Paper Money (three volumes)
          — Ed. George Cuhaj
          PORTUGUESE COLONIAL AFRICA
          Portuguese Colonial Africa is organised by BNU reference, with Pick as a secondary reference.
          The Portuguese African Paper Money of the Bank
          Nacional Ultramarino
          — Laurence Pope, Parcido Campos E. Matos and Andrew Pattison
          World Paper Money (three volumes)
          — Ed. George Cuhaj
          MILITARY
          AND
          PRISONER OF WAR MONEY
          Military and Prisoner of War Money is usually organised by Schwan-Boling and Campbell reference.
          World War II Remembered
          — C. Frederick Schwan and Joseph E. Boling
          Prisoner of War and Concentration Camp Money of the 20th Century
          — Lance K. Campbell
          BOOKS AND SALE ORGANISATION
        REFERENCE
        REGISTERING TO BID
          New clients must register online to bid (whether in person or in absentia). This can be done via our website www.noonans.co.uk
          Registrations will be subject to due diligence and Noonans reserves the right to cancel registrations.
          Once registered, any client bidding for the rst time online will need to enter their card details so that a security check can be performed to authorise you to bid (www.noonans.co.uk >Your Account > Account Authorisation). This check is secure, your card details are not seen by us and no funds will be deducted.
          BIDDING PRIORITY
          Please note that we prioritise executing commission bids as early as possible in order to secure the lot for you at the cheapest possible price. It is therefore entirely possible that a lot can sell at your top bid to another bidder. To avoid this happening we o er an optional ‘Plus 1’ bidding increment facility, whereby if the bidding is against you at your maximum bid the auctioneer will execute one further bid on your behalf. Please note that in the event of identical top bids priority is given to the rst bid received.
          PLACING BIDS
          LIVE BIDDING VIA WWW.NOONANS.CO.UK
          You may bid in real time from your computer or mobile device. We provide an optional live video and audio feed of the auctioneer, allowing you to participate in much the same way as attending the auction. You may see your invoice and pay online directly after you’ve nished bidding. There is no additional charge for this facility.
          ADVANCE BIDDING VIA
          WWW.NOONANS.CO.UK
          We strongly advise this method if you wish to leave bids in advance as it is the easiest, most accurate and exible way to leave your bids and gives you total control over them right up to the point that the lot is o ered for sale. Bids made online cannot be seen by others and only become live at the point the lot is being sold. Up until this time your bids can be easily altered or cancelled. An automated email is sent to con rm any changes made. There is no additional charge for online bidding.
          ADVANCE BIDDING VIA POST, EMAIL OR TELEPHONE
          Whilst we are still happy to execute all bids submitted to us using post, email or telephone, it should be noted that all bids left with us in these ways will be entered at our o ces using exactly the same bidding facility to which all our clients have access. There is, therefore, no better way of ensuring the accuracy of your advance bids than to place them yourself online.
          If you are registered with Noonans you may bid by email to bids@noonans.co.uk or by telephone to 020 7016 1700. All bids placed by email or telephone must be received before 4 PM on the day preceding the sale.
          A bidding form is included in the back of this catalogue. If you wish to use this please ll it in carefully, to include all relevant information. Please ensure that you post this form so that it arrives, at the latest, the day before the sale.
          BIDDING IN THE AUCTION ROOM
          You are very welcome to attend the auction and bid in person if you are registered with Noonans.
          SUMMARY OF INFORMATION FOR BUYERS
        Please note that the auction room is situated on the third oor of a Georgian building which doesn’t have a lift. You may pay for and collect your lots during the auction.
          SALEROOM NOTICES
          Should the description of a lot need to be amended after the publication of this catalogue, the amendments will appear automatically on the Noonans website, www.noonans.co.uk. All such amendments are also incorporated in the List of Saleroom Notices pertaining to this auction which are posted separately on the website. The auctioneer will refer to any notices at the time any a ected lot is o ered for sale.
          CATALOGUE ILLUSTRATIONS & THE INTERNET
          Prospective bidders are reminded that the Noonans website features high-resolution colour illustrations of every lot in this auction. There may also be additional illustrations of any lot.
          BUYERS’ PREMIUM
          The rate for this sale is 24% of the Hammer Price (+ VAT where applicable).
          IMPORTATION VAT
          Lots marked ‘X’ are subject to importation VAT of 5% on the Hammer Price unless re-exported outside the UK, as per Noonans Terms & Conditions of Business.
          From 1 January 2021 importation VAT may be levied by EU countries on lots sold by Noonans and subsequently imported into those countries. Although Noonans is unable to advise buyers on customs regulations in their country of domicile, there is further information regarding EU importation VAT rates for collectable items in the Terms and Conditions published on the Noonans website.
          MULTIPLE LOTS
          All multiple lots (lots containing two or more items) with the exception of designated sets of banknotes are sold as viewed and not subject to return. Buyers are recommended to view such lots.
          PRICES REALISED
          The hammer prices of lots sold at Noonans auctions are posted at www.noonans.co.uk in real time and telephone enquiries are welcome from 9 AM on the day after the auction.
          PAYMENT
          You may access your invoice shortly after the hammer has fallen on your last lot. As we weigh lots at the time of cataloguing most shipping is already calculated, enabling you to settle your account and receive your lots in a timely fashion. Auction attendees may pay and collect during the course of the auction as soon as they have bid on their last lot.
          Full Terms and Conditions of Business are available to read in the back of this catalogue and on our website.
          CONTACTS
          GENERAL SUPPORT ENQUIRIES
          auctions@noonans.co.uk
          020 7016 1700 or from overseas
          (+44) 20 7016 1700
          WEBSITE AND LIVE BIDDING SUPPORT ENQUIRIES
          Ian Anderson
          ian@noonans.co.uk
          020 7016 1700 or from overseas
          (+44) 20 7016 1700
          
    
    
    
    FORTHCOMING AUCTIONS BRITISH & IRISH BANKNOTES 12 OCTOBER 2023 WORLD BANKNOTES 30 NOVEMBER 2023 ALL ENQUIRIES PLEASE CONTACT ANDREW PATTISON OR THOMASINA SMITH CALL +44 (0)20 7016 1700 OR EMAIL BANKNOTES@NOONANS.CO.UK NOONANS AUCTIONEERS • 16 BOLTON STREET MAYFAIR LONDON UK W1J 8BQ • WWW.NOONANS.CO.UK
        WORLD BANKNOTES
        30 NOVEMBER 2023
        TO BE SOLD AS PART OF THE NOONANS
        AUCTION ON
        
    
              
              
            
            WORLD WORLD BANKNOTES AFGHANISTAN
          1 †
          AFGHANISTAN BANK , watermarked paper for 2, 5, 10, 20, 50 and 100 Afghanis, SH1318 (1939), displaying pro le portrait of King Zahir, each printed on paper with uorescent bres, as issued, three tiny cancellation holes in each, mounted on two blue card sheets, with ink annotations marking denominations, as produced (6 papers)
          
    BNB B301a-B306a, Pick 21-26 £300-£400
          A 500 AFGHANIS OF 1939 IN LOVELY CONDITION
          2 X
          AFGHANISTAN BANK , 500 Afghanis, SH1318 (1939), serial number 029835, completely original, lovely paper, one very light central fold, about uncirculated, superb example for type
          
    BNB B307a, Pick 27 £1,000-£1,500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          AFGHANSITAN WORLD BANKNOTES
        4 X
          AFGHANISTAN BANK , 100, 500 and 1000 Afghanis, all SH1346 (1967), uncirculated (3 notes)
          
    BNB B327-B329, Pick 44-46 £120-£160
          3 †
          AFGHANISTAN BANK , watermarked paper for use with all Afghani issues, 1948, displaying older pro le portrait of King Zahir, each printed on paper with uorescent bres, as issued, three tiny cancellation holes in each, each mounted on individual blue card sheets, with ink annotations marking denominations, as produced (4 papers)
          
    BNB B309a-B318a for type, Pick 28-36 for type£150-£200
          5
          AFGHANISTAN BANK , an initial engravers workings on transparent acetate showing the outlines of plate designs for the reverse 500 Afghanis 500 Afghanis, SH1352/1973 Issue, unique and they are remarkable survivors, as most were simply treated as printers waste
          BNB B334, Pick 51 £60-£80
          ALBANIA
          6 †
          NATIONAL BANK OF ALBANIA , three sets of watermarked paper for 5, 20 and 100 Franka Ari, ND (1926), watermarks showing BNA, Skanderbeg with hat and Skanderbeg with helmet, respectively, three tiny cancellation holes in each, mounted on blue card sheets, some together some individually, some with ink annotations marking denominations, as produced (9 papers)
          BNB B102a-B104a, Pick 2-4 £150-£200
          7 †
          NATIONAL BANK OF ALBANIA , three sets of watermarked paper for 5, 20 and 100 Franka Ari, ND (1926), watermarks showing BNA, Skanderbeg with hat and Skanderbeg with helmet, respectively, three tiny cancellation holes in each, mounted as trios on black card sheets, with white ink annotations marking denominations, as produced (9 papers)
          
    
    BNB B102a-B104a, Pick 2-4 £150-£200
          
    Terms
        3, 4
        WORLD BANKNOTES AFGHANSITAN • ALBANIA
        All lots are subject to extra charges which may be viewed in
        and Conditions
        and 10 at the back of this catalogue.
        8 †
          NATIONAL BANK OF ALBANIA , three sets of watermarked paper for 5, 20 and 100 Franka Ari, ND (1926), watermarks showing BNA, Skanderbeg with hat and Skanderbeg with helmet, respectively, two or three tiny cancellation holes in each, mounted individually on cream card sheets, with ink annotations marking denominations, as produced (9 papers)
          
    BNB B102a-B104a, Pick 2-4
          £150-£200
          9 X
          NATIONAL BANK OF ALBANIA , the vignette of a young boy used on the 20 Franka Ari, ND (1926), printed by Bradbury Wilkinson, extremely ne and rare
          
    BNB B103a, Pick 3
          £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. ALBANIA WORLD BANKNOTES
        ALGERIA
          11 X
          10
          BANQUE DE L’ALGERIE , 100 Francs, 24 February 1928, serial number A.592
          
    382, Penalva, Moreau and Moyse signatures, staple holes, in PMG holder 64, choice uncirculated, scarce in this high grade
          BNB B127b, Pick 81b £800-£1,000
          BANQUE DE L’ALGERIE , 100 Francs, 19 July 1945, serial number
          
    
    
    C.2460 750, in PMG holder 63 EPQ, choice uncirculated
          BNB B131c, Pick 88
          PMG incorrectly states that this is Pick 85, it is in fact Pick 88
          £70-£90
          12 X
          BANQUE DE ALGERIE , 20 Francs, 4 June 1948, serial number X.65-523, Couquet and Delahaye signatures, in PMG holder 65 EPQ, gem uncirculated
          
    
    BNB B142a, Pick 103
          £100-£140
          WORLD BANKNOTES ALGERIA
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
        13 X
          BANQUE DE L’ALGERIE , 5000 Francs, 12 March 1947, serial number U.88-156, Couquet, Brunet and Delahaye signatures, pinholes at left, very ne to good very ne and scarce
          
    
    BNB B144a, Pick 105a
          £400-£500
          16 X
          REPUBLICA PORTUGUESA, ANGOLA , 1 Angolar, 6 October 1948, serial number F333841, a few small stains in margins, one light bend, about uncirculated and scarce in this grade
          Pick 70 £120-£160
          14
          BANQUE CENTRALE D’ALGERIE , 100 Dinars, 1 January 1964, serial number Q.80 435, in PMG holder 64 EPQ, choice uncirculated
          
    BNB B304a, Pick 125
          
    £100-£150
          17 X
          REPUBLICA PORTUGUESA, ANGOLA , 2 1/2 Angolares, 8 October 1948, serial number A953731, in PMG holder 58 EPQ, choice about uncirculated
          
    
    
    Pick 71 £240-£300
          ANGOLA
          18 †
          15 X
          REPUBLICA PORTUGUESA, ANGOLA , 10 Angolares, 14 August 1926, serial number E051212, three tiny holes, pressed ne, but an attractive example of a scarce note
          
    Pick 67
          £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          REPUBLICA PORTUGUESA, ANGOLA and BANCO DE ANGOLA, watermarked paper for 5, 10 (2), 20 (2) and 50 Angolares, ND (1926-27), watermarks showing coat of arms, and bank name for the Banco de Angola notes, three tiny cancellation holes in each, mounted on blue card sheets, with ink annotations marking denominations, as produced (6 papers)
          BNB B401-B404a, Pick 66, 67, 72-74A £100-£150
          ALGERIA • ANGOLA WORLD BANKNOTES
        REPUBLICA PORTUGUESA, ANGOLA and BANCO DE ANGOLA, watermarked paper for 10 (3) and 20 (3) Angolares, ND (1926-27), watermarks showing coat of arms, and bank name for the Banco de Angola notes, three tiny cancellation holes in each, mounted on individual black card sheets, with white ink annotations marking denominations, as produced (6 papers)
          
    
    BNB B401-B402a, Pick 67, 72-73 £80-£100
          20
          REPUBLICA PORTUGUESA, ANGOLA and BANCO DE ANGOLA, watermarked paper for 10 (3) and 20 (3) Angolares, ND (1926-27), watermarks showing coat of arms, and bank name for the Banco de Angola notes, three tiny cancellation holes in each, mounted on individual cream card sheets, with ink annotations marking denominations, as produced (6 papers)
          
    BNB B401-B402a, Pick 67, 72-73 £80-£100
          REPUBLICA PORTUGUESA, ANGOLA and BANCO DE ANGOLA, uncut sheets of watermarked paper for 10 (30) and 20 (36) Angolares, ND (1926-27), watermarks showing coat of arms, and bank name for the Banco de Angola note, both sheets ded several times but in excellent condition overall, small ink and pencil annotations, as produced (66 papers over 2 sheets)
          BNB B401-B402a, Pick 67, 72-73 £800-£1,000
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES ANGOLA
        †
        19
        †
        †
        21
        BANCO DE ANGOLA , 20 Angolares, 1 June 1927, serial number 2D 38772, Faro and Leal signatures, original paper, good ne, scarce in any grade
          
    
    
    
    
    BNB B401b2, Pick 72 £300-£400
          AN EXCEPTIONAL SERIAL NUMBER ONE EXAMPLE OF THE 50 ANGOLARES OF 1927
          BANCO DE ANGOLA , 50 Angolares, 1 June 1927, serial number 1F 00001, Saldanha and Guimaraes signatures, in PMG holder 58 EPQ, choice about uncirculated, a superb serial number one in exceptional grade, the nest on the PMG population report BNB B404a2, Pick 74A £3,000-£3,600
          
    
    
    
    ANGOLA WORLD BANKNOTES
        22 X
          23 X
          24 X
          BANCO DE ANGOLA , 5 Angolares, 1 January 1947, serial number
          
    
    1zEZ 000001, in PMG holder 63, choice uncirculated, a lovely serial number one note
          BNB B407a, Pick 77
          £150-£200
          25 †
          REPUBLICA PORTUGUESA, ANGOLA and BANCO DE ANGOLA, watermarked paper for 20, 50 (4), 100 and 1000 Angolares, ND (1944), watermarks showing head of Angolan woman and bank name, with individual positional numbering, three tiny cancellation holes in each, mounted on blue card sheets, with ink annotations marking denominations, as produced (7 papers)
          
    BNB B409-B412, Pick 79-82
          £200-£260
          BANCO DE ANGOLA , 20 Angolares, 23 April 1947, serial number 1AX 00001, in PMG holder 53, about uncirculated, very scarce in high grades, and a nice serial number one
          
    
    BNB B409a, Pick 79
          £400-£500
          27 X
          BANCO DE ANGOLA , 50 Angolares, 1 October 1944, serial number 1TG 00001, in PMG holder 63, choice uncirculated, a lovely number one note in nice grade
          
    
    
    BNB B410a, Pick 80
          £600-£800
          28 X
          BANCO DE ANGOLA , 50 Angolares, 1 March 1951, serial number 50WZ 14187, very ne
          BNB B410b, Pick 84
          £140-£180
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES ANGOLA
        26 X
          29 X
          
    BANCO DE ANGOLA , 100 Angolares, 2 December 1946, serial number 17UK 00001, in PMG holder 63, choice uncirculated, only one ner example on the PMG population report, a superb number one note, very scarce
          
    
    
    
    
    
    
    ANGOLA WORLD BANKNOTES
        BNB B411a, Pick 81 £1,000-£1,500
          A VERY RARE PAIR OF 1000 ESCUDOS OF 1944 AND 1952, BOTH WITH SERIAL NUMBER ONE ONE
          
    
    30 X
          
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    
    
    WORLD BANKNOTES ANGOLA
        BANCO DE ANGOLA , 1000 Angolares, 1 June 1944, serial number 4FB 00001, in PMG holder 64 EPQ, choice uncirculated, an exceptional serial number one note, the nest of only four graded by PMG, and an extremely rare type BNB B412a, Pick 82a £7,000-£9,000
          31 X
          
    
    
    
    
    
    
    
    ANGOLA WORLD BANKNOTES
        BANCO DE ANGOLA , 1000 Angolares, 1 March 1952, serial number 13XD 00001, in PMG holder 64, choice uncirculated, an incredible note with serial number 1, and in wonderful condition, only lacking EPQ due to an ink spot in reverse margin
          BNB B412b, Pick 86a £5,000-£7,000
          32 †
          REPUBLICA PORTUGUESA, ANGOLA and BANCO DE ANGOLA, watermarked paper for 100, 500 and 1000 Escudos, ND (1956), watermarks showing heads of di erent Angolan women, three tiny cancellation holes in each, mounted on blue card sheets, with ink annotations marking denominations, as produced (3 papers)
          BNB B415-B417, Pick 89-91 £100-£150
          35
          BANCO DE ANGOLA , 100 Escudos, 1962, serial number 6Ez 737776, also 1000 Escudos, 1970, serial number 20TT 807929, in PMG holders 55, about uncirculated (2 notes)
          BNB B420a, B422b, Pick 94, 98 £80-£100
          33 X
          BANCO DE ANGOLA , specimen 500 Escudos, 15 August 1956, serial number 10AN 00000, black SPECIMEN overprint, in PMG holder 64, choice uncirculated
          
    
    
    BNB B416as, Pick 90s £150-£200
          36 X
          BANCO DE ANGOLA , 500 Escudos, 10 June 1970, serial number 2Azb 00001, in PMG holder 64, choice uncirculated, a scarce serial number one
          BNB B421b, Pick 97 £240-£300
          34 X
          BANCO DE ANGOLA , specimen 1000 Escudos, 15 August 1956, serial number 10AOG 000000, black SPECIMEN overprint, in PMG holder 64, choice uncirculated, scarce and attractive
          BNB B417as2, Pick 91s £180-£240
          37 X
          BANCO DE ANGOLA , 1000 Escudos, 10 June 1970, serial number Aadb 500001, in PMG holder 58 EPQ, choice about uncirculated, a serial number one note for this issue
          
    
    
    
    
    
    
    BNB B422b, Pick 98 £240-£300
          
    WORLD BANKNOTES ANGOLA
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
        39 X
          38
          EL BANCO CENTRAL DE LA REPUBLICA ARGENTINA , 100 Pesos (21), 1967-69, serial numbers 14348321F-41F, also 1000 Pesos (4), 1966-69, serial numbers 58854615D-19D, uncirculated (25 notes)
          Pick 277, 279b £100-£150
          ARGENTINA AUSTRALIA
          COMMONWEALTH OF AUSTRALIA , 10 Shillings = Half Sovereign, ND (1918), serial number M157821, Cerutty and Colins signatures, in PMG holder 15, choice ne
          BNB B102b2, Pick 3b, Reniks R-02aL £800-£1,000
          40 X
          COMMONWEALTH OF AUSTRALIA , £5, ND (1923), serial number Q/2 226487, Kell and Collins signatures, in PMG holder 25, very ne
          
    
    
    
    BNB B116a1, Pick 13a £700-£900
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          ARGENTINA • AUSTRALIA WORLD BANKNOTES
        
    
    
    
    
    
    to extra charges
        viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES AUSTRALIA
        All lots are subject
        which may be
        41 X
          COMMONWEALTH OF AUSTRALIA , 1/2 Sovereign, ND (1928), serial number A/28 912296, Kells signature, minor repair, in PMG holder 25, very ne
          BNB B120a, Pick 15a £400-£500
          42 X
          COMMONWEALTH OF AUSTRALIA , 1/2 Sovereign, ND (1928), serial number A/62 955513, Riddle and Heathershaw signatures, tear, in PMG holder 20, very ne
          BNB B120c, Pick 15c £500-£600
          43 X
          COMMONWEALTH OF AUSTRALIA , 1/2 Sovereign, ND (1933), serial number B/40 172368, Riddle and Sheehan signatures, in PMG holder 30, very ne
          BNB B120d, Pick 15d £500-£600
          BNB
          £440-£550
          BNB
          A PARTICULARLY NICE EXAMPLE OF THE RIDDLE AND HEATHERSHAW £1 OF 1927
          
    
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    
    
    AUSTRALIA WORLD BANKNOTES
        44 X
          COMMONWEALTH OF AUSTRALIA , £1, ND (1926), serial number H/61 902853, Kell and Collins signatures, in PMG holder 25, very ne
          B121a, Pick 16a
          45 X
          COMMONWEALTH OF AUSTRALIA , £1, ND (1927), serial number H/90 490008, Kell and Heathershaw signatures, in PMG holder 25, very ne
          B121b, Pick 16b £300-£400
          46 X
          COMMONWEALTH OF AUSTRALIA , £1, ND (1927), serial number J/85 482180, Riddle and Heathershaw signatures, pinhole in lower margin, in PMG holder 64, choice uncirculated, scarce in this high grade
          BNB B121c, Pick 16c £1,200-£1,600
          COMMONWEALTH OF AUSTRALIA , £1, ND (1927), serial number K/84 583581, Riddle and Sheehan signatures, in PMG holder 25, very ne
          
    
    
    
    
    
    
    BNB B121d, Pick 16d
          £300-£400
          COMMONWEALTH OF AUSTRALIA , £5, ND (1933-8), serial number R/2 727114, Riddle and Sheenan signatures, minor repairs, in PMG holder 30, a presentable very ne
          BNB B127a, Pick 23a
          £700-£900
          COMMONWEALTH OF AUSTRALIA , £5, ND (1927), serial number Q/14 857949, Riddle and Heathershaw signatures, in PMG holder 15, choice ne
          
    
    
    BNB B122b, Pick 17b
          £300-£400
          COMMONWEALTH OF AUSTRALIA , £10, ND (1934-39), serial number V/1 604078, Riddle and Sheenan signatures, in PMG holder 25, very ne
          
    BNB B128a, Pick 24
          £600-£800
          COMMONWEALTH OF AUSTRALIA , 10 Shillings, ND (1934), serial number C/14 764506, Riddle and Sheehan signatures, in PMG holder 25, very ne
          BNB B124a, Pick 19
          £600-£800
          COMMONWEALTH OF AUSTRALIA , £5, ND (1941), serial number R/64 281912, Armitage and McFarlane signatures, in PMG holder 63, choice uncirculated
          
    BNB B133b, Pick 27b
          £600-£800
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES AUSTRALIA
        47 X
          48 X
          49 X
          50 X
          51 X
          52 X
          53 X
          COMMONWEALTH OF AUSTRALIA , £5, ND (1952), serial number S/46 869717, Coombs and Wilson signatures, in PMG holder 40, extremely ne
          
    
    
    BNB B133d, Pick 27d
          £160-£220
          57
          RESERVE BANK OF AUSTRALIA , $2 (9), ND (1966), pre xes FCV, FFN, FFY, several consecutive serial number runs, Coombs and Wilson signatures, ve examples uncirculated, four good extremely ne (9 notes)
          BNB B206a, Pick 38a £180-£240
          58
          RESERVE BANK OF AUSTRALIA , $2 (8), ND (1967), serial numbers FKG 029291-96, FPF 668363 and FLE 855047, Coombs and Randall signatures, one note extremely ne, others about uncirculated to uncirculated (8 notes)
          BNB B206b, Pick 38b £180-£240
          59
          54 X
          COMMONWEALTH OF AUSTRALIA , £10, ND (1942), serial number V/10 199688, Armitage and McFarlane signatures, in PMG holder 58 EPQ, choice about uncirculated
          
    
    
    BNB B134b, Pick 28b
          55
          £800-£1,000
          RESERVE BANK OF AUSTRALIA , $1 (14), ND (1966), serial numbers ABH 587076-77, 587084-90 and 587092-96, Coombs and Wilson signatures, uncirculated (14 notes)
          BNB B205a, Pick 37a
          £240-£300
          RESERVE BANK OF AUSTRALIA , a group of the 1973-94 issue comprising $1 (7), with at least one of each of the four signature combinations, pre xes BSZ, CCE, CCD, CTS and DLN, $2 (3), serial numbers LCN 347578-80, Johnston and Fraser signatures, and $5 (3), pre xes NRN, NXZ and QFD, Knight and Wheeler, Knight and Stone and Fraser and Higgins signatures, one $5 has a tiny tear, otherwise all uncirculated (13 notes)
          BNB B210a,b,f,g, B211g, B212b,e,i, Pick 42, 43, 44£150-£200
          56
          RESERVE BANK OF AUSTRALIA , $1 (8), ND (1966), serial numbers ADY 812101-104, 812107-109 and BAH 980757, Coombs and Wilson signatures, last Phillips and Randall signatures, uncirculated (8 notes)
          
    BNB B205a,c, Pick 37a,c
          £120-£160
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          60
          RESERVE BANK OF AUSTRALIA , a group of the 1973-94 issue comprising $1, pre x CAV, Knight and Wheeler, $2, pre x KQA, Johnston and Stone, $5, $10 and $20, pre xes QPE, MLS and RRU, Fraser and Cole, and $50, pre x YKA, Johnston and Stone, the $50 about uncirculated, others uncirculated (6 notes)
          BNB B210-B215, Pick 42-47 £240-£300
          AUSTRALIA WORLD BANKNOTES
        BAHAMAS
          61
          RESERVE BANK OF AUSTRALIA , $100, ND (1992), serial number ZHZ 412985, Fraser and Cole signatures, light handling but overall uncirculated
          BNB B216d, Pick 48d £150-£200
          62
          RESERVE BANK OF AUSTRALIA , a group of the more modern polymer issues comprising $5, $10, $20, $50 and $100, 1995, Fraser and Evans, signatures, a $5, 2001, and a commemorative pack of two $10, produced in 1993, uncirculated (8 notes)
          
    BNB B219a-B223a, B224a, BNP205a, Pick 51a-55a, 56 £240-£300
          63
          AUSTRALIAN ARMY CANTEENS SERVICE , 1 Yen, ND (193945), serial number A591633, staple holes, a few small stains, very ne, very scarce
          
    Schwan-Boling unlisted
          £100-£150
          64 X
          BAHAMAS GOVERNMENT , 10 Shillings, ND (1930), serial number A/1 171126, in PMG holder 15, choice ne, scarce
          BNB B106a, Pick 6a £400-£500
          65
          BAHAMAS GOVERNMENT , 10 Shillings, ND (1947), serial number A/7 113798, Higgs, Latreille and Burnside signatures, original ne
          
    
    
    
    BNB B109d, Pick 10d £80-£100
          66
          BAHAMAS GOVERNMENT , 4 Shillings and £1, ND (1963), serial numbers A/6 986151 and A/5 250897, Higgs, Sweeting and Roberts signatures, fresh and original paper, rst extremely ne, second good very ne (2 notes)
          BNB B112d, B114d, Pick 13d, 15d £100-£150
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES AUSTRALIA • BAHAMAS
        67
          BAHAMAS GOVERNMENT , 4 and 10 Shillings, £1 and £5, ND (1963), pre xes A/6, A/3, A/4 and A/2, Higgs, Sweeting and Roberts signatures, rst very ne, others ne, with gra ti on the £5 (4 notes)
          BNB B112d-B115d, Pick 13d-16d
          68
          £150-£200
          BAHAMAS GOVERNMENT , 4 and 10 Shillings, £1 and £5, ND (1963), pre xes A/6, A/3, A/5 and A/2, Higgs, Sweeting and Roberts signatures, rst very ne, others ne, with gra ti on the £1 and £5 (4 notes)
          BNB B112d-B115d, Pick 13d-16d
          £150-£200
          72 X
          CENTRAL BANK OF THE BAHAMAS , $50, 1974 (1984), serial number A878202, Allan signature, two staple holes at left, otherwise a fresh and original good very ne, scarce in any grade
          
    
    
    BNB B313a, Pick 48a £500-£700
          BAHRAIN
          69
          BAHAMAS GOVERNMENT , 4 and 10 Shillings, £1 and £5, ND (1963), pre xes A/6, A/2, A/5 and A/2, Higgs, Sweeting and Roberts signatures, rst very ne, others ne, with gra ti on the 10/- and £5 (4 notes)
          BNB B112d-B115d, Pick 13d-16d
          £150-£200
          73
          BAHRAIN CURRENCY BOARD , 100 Fils (2), 1964, also MONETARY AGENCY, 1/2, 1 and 5 Dinars, 1973, uncirculated (5 notes)
          
    BNB B102a, B201a, B202a, B203a, Pick 2a, 7a, 8a, 8A£120-£160
          BANGLADESH
          70
          BAHAMAS GOVERNMENT , $10, 1965, serial number A860039, Sands and Higgs signatures, original good very ne, scarce
          
    BNB B121a, Pick 22a
          £100-£150
          71
          BAHAMAS GOVERNMENT , $20, 1965, serial number A529833, Sands and Higgs signatures, original very ne, a nice example
          BNB B122a, Pick 23a
          £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          74 X
          BANGLADESH BANK , 100 Taka (2), ND (1972), consecutive serial numbers D4784451-52, staple holes and one fold, thus about uncirculated and scarce (2 notes)
          BNB B306a, Pick 12 £80-£100
          
    BAHAMAS • BAHRAIN • BANGLADESH WORLD BANKNOTES
        GOVERNMENT OF BARBADOS , $1, 1 June 1943, serial number B/J 998,724, some water staining, otherwise very ne
          
    
    GOVERNMENT OF BARBADOS , $1, 1 January 1949, serial number B/Y 443350, Gittens and Roberts signatures, in PMG holder 65 EPQ, gem uncirculated, this is the highest grade for type recorded on the PMG population report, very rare in this grade BNB
          
    to extra charges
        be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES BARBADOS
        All lots are subject
        which may
        75 X
          76
        BNB B102d, Pick 2b £120-£160
          BARBADOS
        B102e, Pick 2c £1,500-£1,800
          THE FINEST PMG GRADED EXAMPLE OF THE $1 OF 1943
          77
          CENTRAL BANK OF BARBADOS , a group of initial engravers workings on transparent acetate showing the outlines of plate designs for the obverse $1, $10, $20, 1973-93 Issues, and one showing the Bank title text, each of these is unique and they are remarkable survivors, as most were simply treated as printers waste (4 items)
          
    BNB B201a, B205, B206
          BELGIAN CONGO
          £150-£200
          80 X
          BANQUE CENTRALE DU CONGO BELGE ET DU
          RUANDA-URUNDI , 100 Francs, 15 April 1953, serial number D 989108, restoration, in PMG holder 35, NET choice very ne
          
    BNB B305d, Pick 25a
          £150-£200
          78 X
          BANQUE DU CONGO BELGE , 5 Francs, Elisabethville, 2 July 1926, serial number D 343701, in PCGS holder 25 very ne, scarce
          BNB B203d2, Pick 8a
          £150-£200
          81 X
          BANQUE CENTRALE DU CONGO BELGE ET DU
          RWANDA-URUNDI , 50 Francs, 15 November 1953, serial number A 589004, in PMG holder 30, very ne
          BNB B307a, Pick 27
          £200-£260
          79 X
          BANQUE DU CONGO BELGE , 20 Francs, 10 December 1942, serial number F456855, troisieme emission, in PMG holder 30, very ne
          
    
    
    
    
    
    BNB B217a, Pick 15B
          
    £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          BARBADOS • BELGIAN CONGO WORLD BANKNOTES
        82 X
          BANQUE CENTRALE DU CONGO BELGE ET DU RUANDA-URUNDI , specimen 500 Francs, 15 March 1953, serial number A 000000, Martin and Charles signatures, red SPECIMEN overprint, in PMG holder 50 NET, printer’s annotation and date ‘4/2/52’, mounting traces, about uncirculated, rare and attractive, would possibly not receive a NET grade with PMG today
          
    BNB B308as, Pick 28s
          £1,000-£1,500
          
    83 X
          BANQUE CENTRALE DU CONGO BELGE ET DU
          RWANDA-URUNDI , 10 Francs, 1 August 1958, serial number B/D 462012, in PCGS holder 65 PPQ
          BNB B310r, Pick 30b
          £150-£200
          84 X BANQUE CENTRALE DU CONGO BELGE ET DU RWANDA-URUNDI , 20 Francs, 1 December 1959, serial number AY 737274, in PMG holder 65 EPQ, gem uncirculated, scarce in this grade
          
    
    
    BNB B311b, Pick 31a
          £150-£200
          WORLD BANKNOTES BELGIAN CONGO
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
        BELIZE
          85 X
          GOVERNMENT OF BELIZE , $1, 1 January 1974, serial number A/1 375374, an original uncirculated example
          BNB B101a, Pick 33a
          £140-£160
          86 X
          GOVERNMENT OF BELIZE , $2, 1 June 1975, serial number B/1 491657, an original uncirculated
          
    
    
    BNB B102b, Pick 34b £140-£160
          89 X
          MONETARY AUTHORITY OF BELIZE , $5, 1 June 1980, serial number J/1 482068, in PCGS holder 69 PPQ, scarce in this high grade
          BNB B202a, Pick 39a £120-£160
          87 X
          GOVERNMENT OF BELIZE, $2, 1 June 1975, serial number B/1 253736, in PMG holder 65 EPQ, gem uncirculated, quite scarce in this excellent grade
          BNB B102b, Pick 34b
          £220-£260
          90
          CENTRAL BANK OF BELIZE , a group comprising $1, $2, $5 (2), $10 (2) and $20, all 1 May 1990, pre xes AA, the $20, AB, uncirculated (7 notes)
          
    BNB B309a-B313a, Pick 51a-55a £200-£260
          91
          CENTRAL BANK OF BELIZE , a group comprising $2, 1991, $5, 1995, and $10 (2), 1991,1996, pre xes AB, BB, BA and AC, uncirculated (4 notes)
          BNB B309b, B316a, B312b, B317a, Pick 52b, 58a, 54b, 59a £100-£140
          BERMUDA
          92 X
          88 X
          GOVERNMENT OF BELIZE , $5, 1 June 1975, serial number C/1 002106, original uncirculated
          
    
    
    BNB B103a, Pick 35a £100-£150
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    BERMUDA GOVERNMENT , 10 Shillings, 1 October 1966, serial number W/1 029537, Kempe and Davidson signatures, uncirculated
          BNB B120c, Pick 19c £200-£260
          
    BELIZE • BERMUDA WORLD BANKNOTES
        93 X
          BERMUDA GOVERNMENT, a set comprising $1, $5, $10, $20 and $50, 6 February 1970, all serial number A/1 000135, Sharpe and Kempe signatures, lovely uncirculated examples (5 notes)
          BNB B124a-B128a, Pick 23a-27a £800-£1,000
          94
          BERMUDA GOVERNMENT , $5 (2), 6 February 1970, serial numbers A/1 000464-465, light handling, uncirculated (2 notes)
          BNB B125a, Pick 24a
          95 X
          97 X
          BERMUDA MONETARY AUTHORITY , $10, 7 May 2007, serial number C/3 299214, minor gra ti, good ne and rare
          BNB B224b, Pick 52b
          £100-£150
          BERMUDA MONETARY AUTHORITY , $1 (2), 1 January 1978, serial numbers A/8 272759-60, Butter eld and Humphreys signatures, both in PMG holders 65 EPQ, gem uncirculated (2 notes)
          
    
    BNB B201c, Pick 28c
          £80-£100
          96 X
          BERMUDA MONETARY AUTHORITY , $2, 7 May 2007, serial number C/4 466729, uncirculated and a modern rarity in exceptional grade
          
    
    BNB B222b, Pick 50b
          £300-£400
          98
          BHUTAN
          £200-£260
          ROYAL GOVERNMENT OF BHUTAN , an initial engravers working on transparent acetate showing the outlines of plate designs for the obverse of 20 Ngultrum, 1978 Issue, including fantastic engraving detail of the Jigme Dorji Wangchuck, unique and they are remarkable survivors, as most were simply treated as printers waste
          
    BNB B109, Pick 9 £80-£100
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES BERMUDA •
        BHUTAN
        BRAZIL
          99
          REPUBLICA DOS ESTADOS UNIDOS, BRAZIL , a block of 5 Cruzeiros (200), 1964, serial numbers 4215A 075796-995, with an original wrapper intended for 500 notes, generally uncirculated (200)
          Pick 176c
          100
          BRITISH CARIBBEAN TERRITORIES
          
    101
          BRITISH CARIBBEAN TERRITORIES , $1, 2 January 1962, serial number J4-703038, Spence, Reese and Burrowes signatures, lovely original paper, about uncirculated to uncirculated
          BNB B107j, Pick 7c
          £80-£100
          £100-£150
          102
          BRITISH CARIBBEAN TERRITORIES , $1, 2 January 1962, serial number A4-933692, Spence, Reese and Burrowes signatures, uncirculated and scarce in this grade
          
    
    BNB B107j, Pick 7c
          £120-£160
          BRITISH CARIBBEAN TERRITORIES , $10, 2 January 1962, serial number E2-845369, D’Andrade, Reece and Burrowes signatures, in PMG holder 45, choice extremely ne, scarce in this grade
          BNB B110h, Pick 10c £500-£600
          BRITISH GUIANA
          A VERY RARE SPECIMEN OF THE $1 OF 1920
          103
          GOVERNMENT OF BRITISH GUIANA , specimen $1, ND (1920), no serial number or signatures, perforated CANCELLED, ink annotation in margins, mounting remnants and associated minor damage, mainly on reverse, but extremely ne and very rare
          
    BNB B103s, Pick 1As £1,500-£2,000
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          BRAZIL • BRITISH CARIBBEAN TERRITORIES • BRITISH GUIANA WORLD BANKNOTES
        BRITISH HONDURAS
          
    A SCARCE AND ATTRACTIVE $1 OF 1928
          104
          GOVERNMENT OF BRITISH HONDURAS , $1, 1 October 1928, serial number A055278A, Evans, Moulder and Cuthbert signatures, lovely original paper, an attractive good ne example with no additional problems, very scarce
          
    BNB B113b, Pick 14 £1,200-£1,600
          105
          GOVERNMENT OF BRITISH HONDURAS , $2, 1 January 1971, serial number H/1 861254, Cain, Fonesca and Cattouse signatures, about extremely ne
          
    BNB B128a, Pick 29c £60-£80
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES BRITISH HONDURAS
        BRITISH NORTH BORNEO
          106
          BRITISH NORTH BORNEO COMPANY , 25 Cents, 19 August 1895, serial number 05069, manuscript Accountant signature, printed Alexander Cook, Treasurer at low right, some staining, two pinholes, clean and original paper quality, ne and a much rarer early date
          BNB B101a, Pick 1a £800-£1,200
          A VERY EARLY AND LOVELY CONDITION $5
          107 X
          BRITISH NORTH BORNEO COMPANY , an unissued $5, 18-, no serial number, elds for Accountant and Treasurer signatures, with value in green protector at centre, arms top centre, reverse pink panel, mounting traces on reverse, extra tab of paper, one pinhole, superb strong paper quality, very ne, extremely rare and interesting in this format
          
    
    BNB B107a, Pick 4a, KNB 7 £2,000-£3,000
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          BRITISH HONDURAS • BRITISH NORTH BORNEO WORLD BANKNOTES
        A $25 WITH A 19TH CENTURY DATE - AN ENTIRELY NEW AND IMPORTANT DISCOVERY NOTE
          
    
    108 X
          BRITISH NORTH BORNEO COMPANY , an unissued $25, 18-, no serial number, elds for Accountant and Treasurer signatures, with value in green protector at centre, Mount Kinabalu top centre, minor evidence of mounting on reverse, fabulous original clean paper quality, overall an attractive very ne, the earliest previously recorded note for the $25 was 1905, this note is a much earlier date for this issue, interesting and excessively rare
          BNB B109a, Pick 17a, KNB9 £6,000-£8,000
          109
          BRITISH NORTH BORNEO COMPANY , $1, 1 January 1930, serial number F972230, Beckett and Rose signatures, damage to left, about ne
          BNB B113a, Pick 20 £100-£150
          110
          BRITISH NORTH BORNEO COMPANY , $1 (3), 1 January 1936, serial numbers G292488, G787370 and G321207, Smelt and Beckett signatures, rst with foxing, second with a corner missing, third rust, about ne (3 notes)
          BNB B114a, Pick 28 £150-£200
          BRITISH WEST AFRICA
          
    111 X
          WEST AFRICAN CURRENCY BOARD , 1 Shilling, 30 November 1918, serial number C/7 613743, original, ne
          
    BNB B105a, Pick 1a £100-£150
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES
        BRITISH NORTH BORNEO • BRITISH WEST AFRICA
        THE FINEST GRADED EXAMPLE OF THE 1 SHILLING OF 1918
          
    113 X BANQUE NATIONALE DU CAMBODGE , an o cial Orlof and forged proof for 500 Riels, ND (1972), printed in dark blue and orange, also an issued example and a partial sheet of two notes in issued colours, uncirculated, unusual and rare (4 items)
          
    15a
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    BRITISH WEST AFRICA • CAMBODIA WORLD BANKNOTES
        112 X WEST AFRICAN CURRENCY BOARD , 1 Shilling, 30 November 1918, serial number B/9 813237, in PMG holder 66 EPQ, gem uncirculated, the single highest note on the PMG population report BNB B105a, Pick 1a £600-£800
          BNB B115a, Pick
          £240-£300
          CAMBODIA
          CAMEROON CAPE VERDE
          114 X
          REPUBLIQUE UNIE DE CAMEROUN , 1000 Francs, ND (1974), serial number Z.7-21311, Joudiou and N’Tang signatures; also 1000 Francs, ND (1978), serial number S.20-95060, Mba and Kamgueu signatures, in WBG holders 66 and 64, both TOP (2 notes)
          BNB B402a, B402c, Pick 16a,16c
          CANADA
          115
          £160-£220
          116 X BANCO NACIONAL ULTRAMARINO, CAPE VERDE , 1
          Escudo, 1 January 1921, serial number 233,314, in PMG holder 35, choice very ne
          
    Pick 32, BNU CV39b £120-£160
          This is the BNU plate note
          DOMINION BANK OF CANADA, $10, Toronto, 2 January 1935, serial number 281025, Dawson and Carlisle signatures, in PMG holder 55, about uncirculated
          
    
    Pick S1034
          £150-£200
          AN EXTREMELY RARE 50 ESCUDOS OF 1921
          117 X
          BANCO NACIONAL ULTRAMARINO, CAPE VERDE , 50 Escudos, 1 January 1921, serial number 017,437, repairs, with paper replaced particularly in lower margin, central hole lled, overall very good but with an appearance closer to a ne, and extremely rare in any grade
          
    
    Pick 37, BNU CV44a
          This is the BNU plate note
          £1,200-£1,600
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES CAMEROON • CANADA • CAPE VERDE
        118 X
          GOVERNMENT OF CEYLON , 5 Rupees, 19 September 1942, serial number G/12 849129, in PMG holder 67 EPQ, superb gem uncirculated, the highest grade on the PMG population report and a superb example for type
          
    
    BNB B228d, Pick 36 £800-£1,000
          A SUPERB AND STRIKING 50 RUPEES OF 1945
          
    
    119 X
          GOVERNMENT OF CEYLON , 50 Rupees, 24 June 1945, serial number K/9 91849, Goonetilleke and Collins signature, staple holes, in PMG holder 40, extremely ne, original paper quality, overall attractive appearance and rare
          BNB B230e, Pick 37 £2,400-£3,000
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          CEYLON WORLD BANKNOTES
        CEYLON
        120
          CENTRAL BANK OF CEYLON , colour trial 50 Rupees, ND (1952), serial number R/1 00000, purple, red SPECIMEN overprints and two cancellation holes, pencil annotation in margin, mounting traces and handling, good very ne to about extremely ne, very rare and beautiful in this colour
          
    
    
    BNB B308t, Pick 52ct £600-£800
          CENTRAL BANK OF CEYLON , 50 Rupees, 12 May 1954, serial number R/25 33618, ink numerals partially erased at right, about ne, scarce in any grade
          BNB B308b, Pick 52a £160-£220
          122
          CENTRAL BANK OF CEYLON , 2 Rupees, 1 August 1970, also 50 Rupees, 7 August 1974 and 100 Rupees, 27 August 1974, uncirculated, the 50 scarce in this grade (3 notes)
          BNB B326b, B333b, B334c, Pick 72, 79a, 80b£150-£200
          123
          RUBBER CONTROLLER OF CEYLON , 100 Pounds of Dry Rubber with 50 overprint in red and dated 1 May 1941 Second Advance issue and subsequently re-dated Final issue 1941, serial number K/1 013762, only two other examples believed extant, extremely rare, slight worm damage and low left and right tips cut o otherwise good very ne
          
    BNB Unlisted £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES CEYLON
        121 X
          X
          124 X
          KWANGTUNG PROVINCIAL BANK, CHINA , $10, Local
          
    
    Currency, 1931, serial number E 746778, in PMG holder 63, choice uncirculated
          Pick S2423d
          125
          £100-£150
          BANK OF COMMUNICATIONS , 10 Yuan (100), Shanghai, 1 October 1914, serial number SB156201H-300H, some with minor foxing in margins, generally about uncirculated to uncirculated (100 notes)
          Pick 118q
          126
          £600-£800
          BANK OF COMMUNICATIONS , 5 Yuan (15), 1935, serial number D340306P-320P, several with foxing spots, overall mostly uncirculated (15 notes)
          Pick 154a
          £200-£260
          128 X
          BANK OF COMMUNICATIONS, CHINA , 10 Yuan, 1941, no serial number or signature, in PMG holder 64, choice uncirculated, handstamp
          
    Pick 159f £80-£100
          129
          CENTRAL BANK OF CHINA , $10 (50), 1928, serial numbers SX242151PP-200PP, a couple with minor edge stains, otherwise uncirculated (50 notes)
          
    
    
    Pick 197h £150-£200
          CENTRAL BANK OF CHINA , 1 Yuan, 1936, serial number Q/K 657463, also CENTRAL BANK, 20 Yuan, 1945, serial number QA 083546, also 50 Yuan, 1942, in PMG holder 66 EPQ, gem uncirculated, 63 choice uncirculated and 30 very ne respectively (3 notes)
          Pick 212a, 391, 98
          131
          127 X
          BANK OF COMMUNICATIONS , 5 Yuan, 1941, serial number 116724, in PMG holder 67 EPQ, superb gem uncirculated, high grade for type
          
    
    Pick 157
          £100-£140
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £120-£160
          CENTRAL BANK OF CHINA , 5 Yuan (44), 1936, serial number B/D 542157V-200V, a couple with some minor margin stains, otherwise uncirculated (44 notes)
          Pick 217a £120-£160
          132
          CENTRAL BANK OF CHINA , 10 Yuan (41), 1936, serial numbers A/1 370503X-521X and 528X-549X, a few small edge stains on some notes, otherwise uncirculated (41 notes)
          Pick 218a £200-£260
          CHINA WORLD BANKNOTES
        130 X
          CHINA
          133 X
          CENTRAL BANK OF CHINA, 100 Yuan, 1936, serial number B/K 461575 C, in PMG holder 66 EPQ, gem uncirculated, quite scarce in this grade
          
    
    Pick 220a £100-£120
          134
          CENTRAL BANK OF CHINA , 100 Yuan (14), 1936, serial numbers B/M 318457C-70C, uncirculated (14 notes)
          
    
    Pick 220a £200-£260
          135 X
          CENTRAL BANK OF CHINA, 1000 Yuan, 1945, serial number AH 007226, also 10000 Yuan, 1947, serial number 891160 and 1 silver dollar, Chungking, 1949, serial number 063556, all in PMG holder 64 EPQ, choice uncirculated, the last note without EPQ designation (3 notes)
          Pick 298, 319, 440 £160-£200
          136 X
          CENTRAL BANK OF CHINA , 10, 20, 50 and 100 customs gold units, 1930, in PMG holders 65 EPQ, 64 EPQ, 65 EPQ and 64 respectively (4 notes)
          Pick 327d, 328, 329, 330a £100-£150
          137
          CENTRAL BANK OF CHINA , 10 (15) and 20 (24) Customs Gold Units, Shanghai, 1930, some edge stains on a few notes, generally uncirculated (39 notes)
          Pick 327d, 328 £100-£150
          138 X
          FARMERS BANK OF CHINA , 1 Yuan, 1 April 1935, serial number JL 057660, in PMG holder 64, choice uncirculated
          
    
    
    
    
    Pick 457a £160-£220
          139
          PEOPLE’S BANK OF CHINA , 10000 Yuan, 1949, serial number II I III 53094155, several edge splits, about ne and scarce
          BNB B4060a, Pick 853 £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES CHINA
        COLOMBIA
          140
          PEOPLE’S BANK OF CHINA , 1, 2 and 5 Fen, 1953, the 5 serial number block 137/8314099, in PCGS holders 66 PPQ, 67 PPQ, the last in PMG holder 66 EPQ, gem uncirculated (3 notes)
          BNB B405a, B406a, B4074a, Pick 860a, 861a, 862a£200-£240
          143
          BANCO DE PAMPLONA, COLOMBIA , 1 Peso, 9 July 1883, serial number A0945, also El Banco del Estado, 1 Peso, 1900, serial number 14212814, printer W.L.H.Co. New York, rst extremely ne, second ne (2 notes)
          
    Pick S711a, S504b £100-£150
          141
          PEOPLES BANK OF CHINA , 2 Yuan, 1960, serial number II VII IX 4885066, uncirculated
          
    
    
    Pick 875a2
          142
          £120-£260
          144 †
          BANCO DE LA REPUBLICA, COLOMBIA , watermarked paper as used on the 5, 10 and 20 Pesos Oro of 20 July 1927 (7), complete with image of Simon Bolivar and the coloured threads as used in the note itself, annotations on the paper or the border, all glued into blue, black or cream card or paper frames, as produced (7 papers)
          
    BNB B918-B920, Pick 376-378 £200-£260
          145
          BANCO DE LA REPUBLICA, COLOMBIA , 2 Pesos Oro (62), 1 January 1972, serial number 03915338-99, uncirculated (62 notes)
          BNB B948a, Pick 413a £100-£150
          PEOPLE’S BANK OF CHINA , 100 Yuan, 2005, serial number X5K 000001, in PMG holder 66 EPQ, gem uncirculated
          
    Pick 907
          £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    CHINA • COLOMBIA WORLD BANKNOTES
        X
          X
          X
          146
          GOVERNMENT OF CYPRUS , £1, 1 September 1939, serial number F/1 002088, in PMG holder 55 EPQ, about uncirculated, scarce in this grade, especially with EPQ designation
          
    
    
    
    BNB B124c, Pick 24 £1,000-£1,500
          147
          GOVERNMENT OF CYPRUS , 3 Piastres overprinted on the right half of a 1/-, 1 March 1943, serial number C/3 618597, also 3 Piastres 18 June 1943, serial number A/1 311446, rst very good to ne, second good extremely ne (2 notes)
          BNB B127a, B128a, Pick 27, 28a £100-£150
          
    WORLD BANKNOTES CYRPUS
        CYPRUS
        148 X GOVERNMENT OF CYPRUS , printers archival specimen £1, 1 March 1957, serial number range A/21 000000 to A/26 000000, in PCGS holder 64, very choice uncirculated, a specimen for a much scarcer date variety
          
    
    BNB B135s1, Pick 35s £1,500-£2,000
          CZECHOSLOVAKIA
          149 X
          CENTRAL BANK OF CYPRUS , reverse proof for £10, ND (1977-85), in PMG holder 66 EPQ, gem uncirculated
          
    
    BNB B308p, Pick 48p2 £120-£160
          Despite the PMG holder, there is no watermark on this proof
          150
          REPUBLIKA CESKOSLOVENSKA , 50 Korun (2), 29 August 1950, serial numbers B05 059931-32, also NARODNI BANKA CESKOSLOVENSKA, 1000 (2) and 5000 Korun, 1945, serial numbers S.12C 707178-79 and S.15A 127619, uncirculated (5 notes)
          BNB B151b, B209c, B210a, Pick 71b, 74, 75a£200-£260
          151 X
          NARODNI BANKA CESKOSLOVENSKA , 50 Korun, 1 October 1929, serial number 341027, also specimen 1000 Korun, 1934, serial number J114275, and 5000 Korun, 1945, serial number S.17A 089376, rst and last about uncirculated, second uncirculated (3 notes)
          
    BNB B203a, B207s, B210, Pick 22, 26s, 75 £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          CYRPUS • CZECHOSLOVAKIA WORLD BANKNOTES
        152 X
          DANMARKS NATIONALBANK , 50 Kroner, 1942, serial number C7756710, uncirculated and a lovely example
          
    BNB B903d, Pick 32d £100-£150
          DOMINICAN REPUBLIC
          153 X
          DANMARKS NATIONALBANK , 1000 Kroner, 1992, serial number C4922B 1591486, uncirculated
          
    BNB B924f, Pick 53g
          £150-£200
          155 X
          BANCO DE LA COMPANIA DE CREDITO, DOMINICAN REPUBLIC , remainder 50 Centavos, ND (1886-1887), serial number 030379, in PMG holder 63 EPQ, choice uncirculated
          
    Pick S102r, Rud 160
          £60-£80
          154
          DOMINICA
          156 X
          EAST AFRICA
          BARCLAYS BANK, (DOMINION, COLONIAL AND OVERSEAS), DOMINICA BRANCH , printers archival specimen $5, 1 March 1940, D in eld at right, serial number range X 195001 to X 197000, Chandler and Perkins signatures, perforated CANCELLED, ink date 29.7.40’ in top margin, uncirculated and rare
          BNB BB303cs, Pick S102s
          £400-£600
          EAST AFRICAN CURRENCY BOARD , 20 Shillings, 1 August 1943, serial number A/19 77147, original paper, very ne and a pleasing example, scarce
          
    
    BNB B219e, Pick 30A £600-£700
          157
          EAST AFRICAN CURRENCY BOARD , 10 Shillings, 1 April 1954, serial number E87 50746, also 20 Shillings, 1 February 1956, serial number H41 24588, rst about very ne, second a lovely fresh good very ne (2 notes)
          BNB B224b, 335d, Pick 34, 35 £120-£160
          158
          EAST AFRICAN CURRENCY BOARD , 5, 10, 20 and 100 Shillings, ND (1958-61), pre xes F20, Y2, E12 and F3, about very ne to good very ne (4 notes)
          BNB B227b, B228a-B230a, Pick 41a, 38-40 £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    WORLD BANKNOTES DENMAMRK • DOMINICA • DOMINICAN REPUBLIC • EAST AFRICA
        DENMARK
          159 X
          EAST AFRICAN CURRENCY BOARD , specimen 100 Shillings, 1962, serial number M4 000000, perforated CANCELLED, printers annotations, previously mounted, in PMG holder 63, choice uncirculated, top of the PMG population report
          
    BNB B230cs, Pick 44bs £1,000-£1,500
          EAST CARIBBEAN STATES
          160 X
          EAST CARIBBEAN CURRENCY AUTHORITY , a group of $1 (22), ND (1968-74), pre xes A/9,B12, B14, B21, B26, B38, B47, B53, B66, B76, B85, B87, B89, C9, C8, B90 (2), B98, very ne to uncirculated, majority uncirculated (18 notes)
          
    BNB B101a1,a2,b3-b7,c8,c9,ca,d,g,k,l,m,v, Pick 13 £120-£180
          163 X
          EAST CARIBBEAN CURRENCY AUTHORITY , $20 (5), ND (1965), pre xes A5, A7, A8, A10 and A13, very ne to uncirculated (5 notes)
          
    
    BNB B103b5,b7,c9,c10, Pick 15 £150-£200
          161 X
          EAST CARIBBEAN CURRENCY AUTHORITY , $5, 1965, serial number A1 241593, rst signature variety, mounting remnants at left, in PCGS holder number 62, uncirculated
          BNB B102a, Pick 14a £80-£120
          162 X
          EAST CARIBBEAN CURRENCY AUTHORITY , a group of $5 (10), 1968-83, pre xes C1, C7, D11, D12, D14, D20, D16, D19, D17, D22, two very ne, the reminder uncirculated (10 notes)
          BNB B102b6,c8,c10,ca,g,k,l,m,u,v, Pick 14 £150-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          164 X
          EAST CARIBBEAN CURRENCY AUTHORITY , $20, ND (1983), pre xes A21, A22, A25, A28, codes A, G, L and V respectively, ranging from very ne to uncirculated (4 notes)
          
    BNB B103ca, cg, cl, cv, Pick 15 £150-£260
          
    EAST AFRICA • EAST CARIBBEAN STATES WORLD BANKNOTES
        EAST CARIBBEAN CURRENCY AUTHORITY , $100, ND (1974), serial number A1 263927, Squires, Walling, Gregoire and Jacobs signatures, tiny rust spot, uncirculated, very scarce in this high grade
          
    BNB B104c9, Pick 16f £800-£1,000
          EASTERN CARIBBEAN CENTRAL BANK , $1, ND (1987), su xes A, D, G, K, L, M, V, Jocobs signature, without Anguilla identi cation on map, uncirculated (8 notes)
          BNB B201a, Pick 17a, d, g, k, l, m, v £100-£150
          EASTERN CARIBBEAN CENTRAL BANK , $20, ND (1987), serial number B636647L, without Anguilla identi cation on map, Jacobs signature, uncirculated
          
    
    
    
    BNB B203a, Pick 19a £100-£150
          EASTERN CARIBBEAN CENTRAL BANK , $5, ND (1987), su xes A, G, K, L, M, V, Jacobs signature, without Anguilla identi cation on map, uncirculated (6 notes)
          BNB B202l, Pick 18l £100-£150
          EASTERN CARIBBEAN CENTRAL BANK , $100, serial number A153005L, Jacobs signature, without Anguilla identi cation on map, one light corner bend, thus about uncirculated, scarce
          BNB B204a, Pick 20aK £600-£800
          WORLD BANKNOTES EAST CARIBBEAN STATES
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
        165 X
          166 X
          167 X
          168 X
          169 X
          170 X
          EASTERN CARIBBEAN CENTRAL BANK , $5, ND (1988), serial number A075044U, $5, (1988), Jacobs signature, su xes A, D, G, L, U, V pre xes, Jacobs signature, su xes A and L, Venner signature, very ne to uncirculated (9 notes)
          BNB B205u1, Pick 21u, 22a1,a2, d, g1, l1,l2, u
          £100-£150
          171 X
          EASTERN CARIBBEAN CENTRAL BANK , $10, ND (1984), serial numbers A463424L and A402210V, Jacobs signature, serial number B265090A, Venner signature, uncirculated (3 notes)
          BNB B207a2,m l1, v1, Pick 23a2, l1, v1
          £150-£200
          174 X
          EASTERN CARIBBEAN CENTRAL BANK , a group from the 1993 Issue, $5 (6), su xes A, D, L, M, U, V, $10 (3), su xes A, D, V, $20 (3), su xes A, L, U, $50 (4), su xes A, K, L, U, Venner signature, very ne to uncirculated, two in PCGS holders, most uncirculated (14 notes)
          
    BNB B210a,d,l,m,u,v, B211a,d,m,v, B212a,l,m,u, Pick 26a,d,l,m,u,v, 27a,d,m,v, 28a,l,m,u £200-£300
          175 X
          EASTERN CARIBBEAN CENTRAL BANK , $50, ND (1993), serial numbers A352060A, A300686K, A191325L, A037834U, Venner signature, one example very ne, three uncirculated (4 notes)
          BNB B213a,k,l,u Pick 29a,k,l,u £200-£300
          172 X
          EASTERN CARIBBEAN CENTRAL BANK , $20, ND (1988), serial numbers B636929A, B318177D, C986694L, Jacobs signature, F651343L, Venner signature, su x D, uncirculated thus scarce, remainder very ne (4 notes)
          BNB B208a1, d1, l1, 2, Pick 24a1, d1, l1, l2
          £200-£280
          176 X
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1993), serial number A573617A, Venner signature, uncirculated and scarce, especially in this grade
          
    
    
    BNB B214a, Pick 30a £400-£500
          177 X
          EASTERN CARIBBEAN CENTRAL BANK , $5, ND (1994), su xes a,d,g,k,l,m,u,v, Venner signature, uncirculated (8 notes)
          BNB B215ad,g,k,l,m,u,v, Pick 31a,d,g,k,l,m,u,v £60-£100
          173
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1988), serial number B204749L, Venner signature, staple hole, original good very ne, a scarce type and a lovely example
          BNB B209l2, Pick 25l2
          £500-£700
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          178
          EASTERN CARIBBEAN CENTRAL BANK , $10 (8), ND (1994), su xes a, d, g, k, l, m, u, v, Venner signature, uncirculated (8 notes)
          BNB B216aa,d,g,k,l,m,u,v, Pick 32a,d,g,k,l,m,u,v£80-£120
          
    EAST CARIBBEAN STATES WORLD BANKNOTES
        X
          X
          179 X
          EASTERN CARIBBEAN CENTRAL BANK , $20, ND (1994), su xes a, d, g, k, l, m, v, Venner signature, V su x very ne, the remainder about uncirculated to uncirculated 7 notes)
          BNB B217a,d,g,k,l,m,u,v, Pick 33a,d,g,k,l,m,u,v£100-£150
          184 X
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1994), serial number A799618D, Venner signature, uncirculated
          BNB B219d, Pick 35d £200-£300
          180 X
          EASTERN CARIBBEAN CENTRAL BANK , $50, ND (1994), serial numbers B045773A, Venner signature, uncirculated
          BNB B218a, Pick 34a £100-£150
          181 X
          EASTERN CARIBBEAN CENTRAL BANK , $50, ND (1994), serial numbers A492720G,Venner signature, uncirculated
          BNB B218g, Pick 34g £100-£150
          182 X
          EASTERN CARIBBEAN CENTRAL BANK , $50, ND (1994), serial numbers B008132L, Venner signature, uncirculated
          
    
    
    
    
    
    BNB B218l, Pick 34l £100-£150
          183 X
          EASTERN CARIBBEAN CENTRAL BANK , $50, ND (1994), serial numbers A675906V,Venner signature, uncirculated
          BNB B218v, Pick 34v £100-£150
          185 X
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1994), serial number A776789G, Venner signature, in PMG holder 35 EPQ, choice very ne
          
    BNB B219g, Pick 35g £100-£150
          186 X
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1994), serial number A694602K, Venner signature, uncirculated
          BNB B219k, Pick 35k £200-£300
          187 X
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1994), serial number B476002L, Venner signature, uncirculated
          BNB B219l, Pick 35l £200-£300
          188 X
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1994), serial number A141845M, Venner signature, uncirculated
          BNB B219m, Pick 35m £200-£300
          extra
        viewed in Terms
        3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES EAST CARIBBEAN STATES
        All lots are subject to
        charges which may be
        and Conditions
        192 X
          189 X
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1994), serial number A173002U,Venner signature, uncirculated
          BNB B219u, Pick 35u
          £200-£300
          190 X
          EASTERN CARIBBEAN CENTRAL BANK , $100, ND (1998), serial number B884004A, Venner signature, uncirculated
          
    BNB B220a, Pick 36a
          191 X
          £150-£200
          EASTERN CARIBBEAN CENTRAL BANK , a group from the 2000 Issue, $5 (7), su xes A,D,G,K,L,M,V, $10 (7), su xes D,G,K,L,M,U,V, $20 (4), su xes D,G,K,U, $50, su x M, $100 (2), su xes D and M, one example of the $100 very ne, remainder uncirculated (21 notes)
          BNB B2K21ad,g,k,l,m,v, b222d,g,k,l,m,u,v, B223d,g,k,u, B224m, B225d,m, Pick 37a,d,g,k,l,m,v, 38d,g,k,l,m,u,v, 39d,g,u, 40m, 41d,m
          £300-£400
          193 X
          EASTERN CARIBBEAN CENTRAL BANK , a large group from the 2003 Issue, $5 (8), su xes D,G,K,L,M,U,V, $10 (8), su xes A,D,G,K,L,M,U,V, $20 (8), su xes A,D,G,K,L,M,U,V, $50 (4), su xes D,G,M,V, $100, su x G, Venner signature, balance uncirculated (29 notes)
          BNB B226a,d,g,k,l,m,u,v, B227d,g,k,l,m,u,v, B228a,d,g,k,l,m,u,v, B229d,g,m,v, B230g, Pick 42a,d,g,k,l,m,u,v, 43a,d,g,k,l,m,u,v, 44a,d,g,k,l,m,u,v, 45d.g,m,v, 46g £300-£400
          EASTERN CARIBBEAN CENTRAL BANK , $5, $10, $20, $50, $100, 2008 Issue, $5, $10, $20, $50, $100, 2012 Issue, $5, $10, $20, $50, $100, 2015 Issue, $5, $10, $20, $50, $100, 2019 Issue, Venner signature, one $100 in PMG holder number 65 EPQ, one about uncirculated, the remainder uncirculated (17 notes)
          BNB B231a, B236a, B237a,b, B238ab, B239a,b, B240-B244a, Pick 48-60 £200-£300
          ECUADOR
          194
          EL BANCO CENTRAL DEL ECUADOR , a group of initial engravers workings on transparent acetate showing the outlines of plate designs for the obverse 500 Sucres (2), one showing the key features of the note, the second with lower panel, reverse 1000 Sucres, 1976 Issue, each of these is unique and they are remarkable survivors, as most were simply treated as printers waste (3 items)
          
    Pick 119
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £120-£160
          EAST CARIBBEAN STATES • ECUADOR WORLD BANKNOTES
        
    
    
    
    
    
    WORLD BANKNOTES EGYPT 195
        NATIONAL BANK OF EGYPT , 50 Piastres, 1899, serial number A/1 279448, Rowlatt signature, original paper clearly visible, lacking the usual problems such as gra ti or pinholes, in PMG holder 20, very ne, very rare in any condition
          EGYPT
        BNB B101b, Pick 1b £10,000-£15,000
          A RARE 50 PIASTRES OF 1899 WITH ORIGINAL PAPER
          196
          
    NATIONAL BANK OF EGYPT , £1, 1899, serial number B/1 232286, Rowlatt signature, in PMG holder 15 NET, choice ne, repairs along central fold and in margins, but with nice original paper, and no pressing or washing in evidence, a far nicer example than the PMG grade might suggest, and very rare regardless of condition
          
    
    
    BNB B102b, Pick 2b
          NATIONAL BANK OF EGYPT , 25 Piastres (3), 3 July 1941, serial number L/66 723346, 4 August 1942, serial number L/67 812423, Nixon signature, 27 May 1948, Leith-Ross signature, rst extremely ne, second in PMG holder number 35 EPQ, choice very ne, third very good (3 notes)
          
    
    
    
    BNB B108c,e Pick 10c,e £100-£150
          £8,000-£12,000
          EGYPT WORLD BANKNOTES
        197 X
          THE ICONIC ’TWO CAMELS’ £1 OF 1899
          A VERY RARE 10 PIASTRES OF 1916
          198 X
          EGYPTIAN GOVERNMENT CURRENCY NOTE , 10 Piastres, 17 July 1916, serial number A/3 88571, Wahba signature, one tear, in PMG holder 40, extremely ne
          BNB B206a, Pick 160a £2,400-£2,600
          199
          EGYPTIAN GOVERNMENT CURRENCY NOTE , 5 Piastres, 1940, serial number J/3 000003, Osman signature, in PMG holder 67 EPQ, superb gem uncirculated, a great ‘Royal’ number and only two examples graded higher by PMG
          
    
    BNB B210b, Pick 164b £800-£1,000
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    WORLD BANKNOTES EGYPT
        200
          EGYPTIAN GOVERNMENT CURRENCY NOTE , 5 Piastres, 1940, serial number O/5 000008, Ebeid signature, in PMG holder 65 EPQ, gem uncirculated, an attractive grade and a nice ‘Royal’ number
          BNB B212a, Pick 165a
          £500-£700
          203
          EGYPTIAN GOVERNMENT CURRENCY NOTE , 5 Piastres, 1940 (1952), serial number Z/9 254624, in PMG holder 45 EPQ, choice extremely ne, a scarce type and unusual with lovely original paper
          BNB B216a, Pick 170 £340-£400
          204
          CENTRAL BANK OF EGYPT , a mixed group comprising 25 Piastres (2), 1963, 50 Piastres, 1966, 25 Piastres, 1976, £1, 1971, £5, 1978, £10, 1976 and £20, 1976, also a 50 Piastres, 1978, along with a group of more modern notes (27) including a £100, 1978, and replacement 25 Piastres (4), 1981, ranging from about uncirculated to uncirculated (36 notes)
          
    
    
    Pick 35a, 36b, 43c, 44b, 45c, 46c, 47a, 48a, 53a, 54£260-£320
          205
          CENTRAL BANK OF EGYPT , £1, 1967, £5 (2), 1964, 1965 and £10, 1962, all Tutankhamen at right, Zendo signature, uncirculated (4 notes)
          BNB B303c, B306a, B307a, Pick 37c, 40a, 41a£150-£200
          201
          EGYPTIAN GOVERNMENT CURRENCY NOTE , 5 Piastres, 1940, serial number Y/5 973124, El Bialy signature, in PMG holder 64, choice uncirculated, an extremely scarce signature (5 pre xes issued) in nice grade
          BNB B212c, Pick 165a
          £200-£260
          206
          ESTONIA
          KASSENSCHEIN, REPUBLIC OF ESTONIA, 20 and 50 Penni, 1 and 3 Mark, 1919, also EESTI BANK , 1 (2), 2, 5(3), 10 (3), 25 (2), all ca.1991-1992,10 Mark, 1994, 50 and 100 Mark, 1994, also 100 Mark. 1999, mixed grades, generally ne to very ne (19 notes)
          BNB B103a-B106a, B212a-B216a,b, B220a-B222a, B225a, Pick 41-44, 69-73, 77-79, 82 £100-£150
          EUROPEAN UNION
          207 X
          EUROPEAN CENTRAL BANK , 100 Euros, Italy, 2002, serial number S26390103397, Trichet signature, in PMG holder 67 EPQ, superb gem uncirculated
          TBB B105s2, Pick 12s £120-£140
          208 X
          202
          EGYPTIAN GOVERNMENT CURRENCY NOTE , 5 Piastres, 1940, serial number Q/7 891008, Motaal signature, in PMG holder 66 EPQ, gem uncirculated, a scarce signature variety (only six pre xes issued) in lovely grade
          
    
    
    
    BNB B212h, Pick 165a
          £240-£300
          EUROPEAN CENTRAL BANK, 200 Euros, 2002, serial number X04936897046, Draghi signature, in PMG holder 58 EPQ, choice about uncirculated
          TBB B103z3, Pick 19x £240-£280
          
    EGYPT • ESTONIA • EUROPEAN UNION WORLD BANKNOTES
        209 X
          EUROPEAN CENTRAL BANK , 500 Euros, 2002, serial number N 32061750366, Draghi signature, in PMG holder 67 EPQ, superb gem uncirculated
          
    
    
    TBB B107n3, Pick 19An
          £600-£700
          210 X
          EUROPEAN CENTRAL BANK , 500 Euros, 2002 (2011-16), serial number X 07033232495 (Germany), in PCGS holder 66 PPQ, gem uncirculated
          
    BNB B107x, Pick 14x
          FALKLAND ISLANDS
          £600-£700
          GOVERNMENT OF THE FALKLAND ISLANDS , a De La Rue archival photograph for a £1, dated 10 February 1939, serial number C000000, George VI portrait, about uncirculated, a rather interesting record as this date was never issued, and De La Rue photographs are very scarce
          BNB B210a, Pick 5
          £500-£600
          GOVERNMENT OF THE FALKLAND ISLANDS , specimen £1, 19 May 1938, serial number E000000, Stewart signature, perforated CANCELLED, mounting traces, in PMG holder 62, uncirculated
          
    
    BNB B210as, Pick 5s
          £500-£700
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    WORLD BANKNOTES EUROPEAN UNION • FALKLAND ISLANDS
        211 X
          212 X
          
              
              
            
            A LOVELY SPECIMEN £5 OF GEORGE VI
          213 X
          GOVERNMENT OF THE FALKLAND ISLANDS , specimen £5, 20 February 1951, serial number C 000000, Raymer signature, perforated CANCELLED, evidence of mounting, in PMG holder 63, choice uncirculated, one of only two notes on the PMG population report, very scarce as a specimen
          
    
    BNB B211as, Pick 6s
          £1,500-£2,000
          214 X
          GOVERNMENT OF THE FALKLAND ISLANDS , £1, 1 January 1982, serial number G45734, Rowlands signature and a manuscript signature of Rex Hunt the nancial secretary, in PMG holder 63 EPQ, choice uncirculated, interesting and scarce
          BNB B213d, Pick 8d
          £500-£600
          Manuscript signature of Rex Hunt, the Governor of the Falkland Islands during the Falklands War. Rex Hunt signed four notes all dated 15 June 1982, the day of the surrender of the Argentine forces.
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    FALKLAND
        WORLD BANKNOTES
        ISLANDS
        GOVERNMENT OF THE FALKLAND ISLANDS , £5, 10 April 1960, serial number C62047, Gleadell signature, in PMG holder 66 EPQ, gem uncirculated
          
    BNB B214a, Pick 9a £700-£900
          GOVERNMENT OF THE FALKLAND ISLANDS , £5, 30 January 1975, serial number C62932, Rowlands signature, in PMG holder 66 EPQ, gem uncirculated
          BNB B214b, Pick 9b £500-£700
          GOVERNMENT OF THE FALKLAND ISLANDS , specimen £5, 30 January 1975, serial number C000000, Rowlands signature, one cancellation hole, red SPECIMEN overprint, two De La Rue seals, in PMG holder 66 EPQ, gem uncirculated
          
    
    
    BNB B214bs, Pick 9bs £500-£600
          
    
    extra
        be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES FALKLAND ISLANDS
        All lots are subject to
        charges which may
        215 X
          216 X
          217 X
          218 X
          GOVERNMENT OF THE FALKLAND ISLANDS , 50 Pence (2), 20 February 1974, consecutive serial numbers D69999 and D70000, Rowlands signature, the D69999 note has an extensive annotation at top left (detailed below) and is handsigned by Rowlands, both in PMG holders 64, choice uncirculated, an extremely interesting and rare penultimate and nal serial number pair for this note, astonishing that these notes remained together (2 notes)
          
    BNB B215b, Pick 10b
          
    £2,400-£3,000
          Certi ed that this is the second-last 50 Pence note to be issued by the Government of Falkland Islands.
          
    
    
    
    
    
    19 October 1982.
          Harold Theodore Rowlands Commissioners of Currency
          
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    FALKLAND ISLANDS WORLD BANKNOTES
        THE REMARKABLE FINAL PAIR OF 50 PENCE NOTES ISSUED IN THE FALKLAND ISLANDS
        219
          GOVERNMENT OF THE FALKLAND ISLANDS , 50 Pence (4), 20 February 1974, consecutive serial numbers D65440-43, Rowlands signatures, about uncirculated to uncirculated (4 notes)
          BNB B215b, Pick 10b
          £150-£200
          220 X
          GOVERNMENT OF THE FALKLAND ISLANDS , £10, 5 June 1975, serial number A07089, Gleadell signature, in PMG holder 67 EPQ, superb gem uncirculated, the highest on the PMG population report
          
    
    BNB B216a, Pick 11a £800-£1,000
          
    lots
        subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES FALKLAND ISLANDS
        All
        are
        221
          GOVERNMENT OF THE FALKLAND ISLANDS , specimen
          £10, 5 June 1975, serial number A000000, Rowlands signature, red SPECIMEN overprint, glue residue in the left margin, printers annotations ‘new value’ in top margin, in PMG holder 55 NET, about uncirculated
          BNB B216as, Pick 11as
          £500-£700
          223
          GOVERNMENT OF THE FALKLAND ISLANDS , £10, 15 June 1982, serial number B 72092, in PMG holder 64, choice uncirculated
          
    
    
    
    
    BNB B216c, Pick 11c
          £400-£500
          222
          GOVERNMENT OF THE FALKLAND ISLANDS , specimen
          £10, 1 January 1982, serial number A000000, Rowlands signature, red SPECIMEN overprint, two De La Rue seals, one cancellation hole, in PMG holder 67 EPQ, superb gem uncirculated, top of the PMG population report
          
    BNB B216bs, Pick 11bs
          £500-£700
          224
          GOVERNMENT OF THE FALKLAND ISLANDS , an initial engravers working on transparent acetate showing the outlines of plate design for the obverse of £5 for the 1984 Issue, showing the entire design in great detail, unique and a remarkable survivor, as most were simply treated as printers waste
          BNB B219a, Pick 14a
          £80-£120
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    FALKLAND ISLANDS WORLD BANKNOTES
        X
          X
          228
          CENTRAL MONETARY AUTHORITY OF FIJI , $1, ND (1974), serial numbers B/2 744622, 83-84 and 99, Barnes and Tomkins signatures, about uncirculated to uncirculated (4 notes)
          
    
    
    
    BNB B402b, Pick 71b
          £100-£150
          225
          GOVERNMENT OF FIJI , watermarked paper (4) as used continuously on all Government of Fiji notes from 1934 until 1967, featuring a Fijian head in pro le, each annotated ‘Government of Fiji’ or similar, glued into blue card frames, as produced, rare (4 papers)
          BNB B307-B320, B328-B334, Pick 31-43, 51-57£100-£150
          226
          GOVERNMENT OF FIJI , watermarked paper (4) as used continuously on all Government of Fiji notes from 1934 until 1967, featuring a Fijian head in pro le, each annotated ‘Fiji Note’, glued into black or cream card or paper frames, as produced, rare (4 papers)
          
    BNB B307-B320, B328-B334, Pick 31-43, 51-57£100-£150
          229 X
          CENTRAL MONETARY AUTHORITY OF FIJI , $2, ND (1974), serial number A/5 000969, Barnes and Craik signatures, in PMG holder 65 EPQ, gem uncirculated
          BNB B403a, Pick 72a £100-£150
          227
          GOVERNMENT OF FIJI , 10 Shillings, 1 July 1950, serial number B/4 145619, Taylor, Banting and Smith signatures, a nice original very ne example
          
    BNB B314j, Pick 34j
          £100-£150
          230 X
          CENTRAL MONETARY AUTHORITY OF FIJI , $5, ND (1974), serial number A/1 862969, in PMG holder 67 EPQ, superb gem uncirculated
          BNB B404a, Pick 73a £100-£150
          
    in Terms
        3, 4 and 10
        the back
        this catalogue. WORLD BANKNOTES FIJI
        All lots are subject to extra charges which may be viewed
        and Conditions
        at
        of
        †
          †
          FIJI
        THE FINEST GRADED MONETARY AUTHORITY $10 OF 1974
          
    231 X
          CENTRAL MONETARY AUTHORITY OF FIJI , $10, ND (1974), serial number A/2 000969, Barnes and Craik signatures, in PMG holder 67 EPQ, superb gem uncirculated, the highest on the PMG population report
          
    
    BNB B405a, Pick 74a £1,000-£1,500
          232
          CENTRAL MONETARY AUTHORITY OF FIJI , specimen $10, ND (1974), serial number A/2 000000, Barnes and Earland signatures, red SPECIMEN overprint, four cancellation holes, in PMG holder 66 EPQ, gem uncirculated
          BNB B405cs2, Pick 74s8 £100-£150
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. FIJI WORLD BANKNOTES
        X
          AN EXCEPTIONAL FIJI $20 OF 1974
          233 X
          CENTRAL MONETARY AUTHORITY OF FIJI , $20, ND (1974), serial number A/1 650969, Barnes and Craik signatures, in PMG holder 66 EPQ, gem uncirculated, scarce in this high grade
          BNB B406a, Pick 75a £1,500-£2,000
          235
          CENTRAL MONETARY AUTHORITY OF FIJI, $1, $2, $5 and $10, ND (1974), serial number pre xes C/1, C/1, B/1 and B/2, all Barnes and Tomkins signatures, the $10 very ne, others uncirculated (4 notes)
          
    
    BNB B407a-B410a, Pick 76-79 £150-£200
          236
          CENTRAL MONETARY AUTHORITY OF FIJI , $5, $10 and $20, ND (1982), serial number pre xes B/4, B/8 and B/7, all Barnes and Siwatibau signatures, uncirculated (3 notes)
          
    
    BNB B414a-B416a, Pick 83a-85a £100-£150
          CENTRAL MONETARY AUTHORITY OF FIJI , specimen $20, ND (1974), serial number A/2 000000, Barnes and Earland signatures, red SPECIMEN overprint, four cancellation holes, in PMG holder 66 EPQ, gem uncirculated
          BNB B406cs, Pick 75s4 £100-£150
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES FIJI
        234 X
          237
          FINLANDS BANK , 1000 Marka, 1986 (1991), serial number A 8025811382, in PMG holder 66 EPQ, gem uncirculated BNB B406a, Pick 121 £300-£400
          
    
    FRANCE
          238 X
          FRANCE, TRESOR PUBLIC , 100 Francs, ND (1955), serial number R.1 63335, pressed, very ne and scarce
          
    
    Pick M11, Schwan-Boling 841 £80-£100
          239 X
          TRESOR FRANCAIS, FRENCH OCCUPIED TERRITORIES , 10 and 50 Francs, ND (1947), serial numbers A.02586463 and W.158472, rst extremely ne, second pressed, about very ne and scarce (2 notes)
          Pick M7, M8, Schwan-Boling 832, 833 £80-£100
          FRENCH GUINEA
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    240 X
          GOUVERNEMENT GENERAL DE L’A.O.F., FRENCH GUINEA, 1 Franc, 1917, serial number A-79 671, splits and minor rust, in PMG holder 25 NET, very ne, scarce Pick 2a £100-£150
          FINLAND • FRANCE • FRENCH GUINEA WORLD BANKNOTES
        FINLAND
        241
          CAISSE CENTRALE DE LA FRANCE D’OUTRE MER, FRENCH GUIANA , 10 Nouveaux Francs on 1000 Francs, ND (1961), serial number U.12-84322, Postel-Vinay signature, in PMG holder 35, choice very ne, attractive and very scarce
          BNB B415, Pick 32 £800-£1,000
          FRENCH INDO-CHINA
          
    242
          BANQUE DE L’INDOCHINE, FRENCH INDOCHINA , 1 Piastre (12), ND (1949), serial numbers X.9999 547-558, uncirculated (12 notes)
          
    BNB B141d, Pick 54e
          £100-£150
          FRENCH WEST AFRICA
          
    
    244
          BANQUE DE L’AFRIQUE OCCIDENTALE, FRENCH WEST AFRICA , 5,000 Francs, ND (1947-50), serial number M285.353, in PMG holder 64, choice uncirculated, a classic French design, a lovely example and scarce in this grade
          
    BNB B127a, Pick 43a £700-£900
          243
          BANQUE DE L’INDOCHINE, FRENCH INDOCHINA , 100 Piastres, ND (1936-1939), serial number S.165-626, Borduge and Baudouin signatures, in PMG holder 55 EPQ, about uncirculated, a handsome example
          
    BNB B318d, Pick 51d
          £200-£300
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES FRENCH GUIANA • FRENCH INDO-CHINA • FRENCH WEST AFRICA
        FRENCH GUIANA
        245
          CENTRAL BANK OF THE GAMBIA , specimen 10 Dalasis, 1972, serial number C000000, specimen 25 Dalasis, 1972, serial number A000000, two cancellation holes, red SPECIMEN overprint, uncirculated (2 notes)
          
    BNB B203cs2, Pick 6s
          246
          £100-£150
          HAUPTVERWALTUNG DER STAATS-SCHULDEN , Main Adminstration of Government debts, 1 Thaler Courant, 1 December 1856, serial number 1528462, signatures of Natan, Gamet, Nobiling, and Gunther, underprint is warning of the penalties for counterfeiting, tear in top margin, minute holes along central fold, lovely original paper quality, about ne
          Pick S399
          247
          £100-£150
          DEUTSCHE NOTENBANK , 10 and 50 Deutsche Mark, 1955, serial numbers JD768700 and EE6928757, in PMG holders 68 EPQ, superb gem uncirculated (2 notes)
          
    
    BNB B214a, B216a, Pick 18a, 20a
          £100-£150
          249
          BANK DEUTSCHER LANDER, ALLIED MILITARY COMMAND , obverse and reverse full colour die proofs for 50 Deutsche Mark, ND (1948), each with two cancellation holes, laid down on card, overall extremely ne or better (2 notes)
          BNB B109p, Pick 7p
          £150-£200
          250
          BANK DEUTSCHER LANDER, ALLIED MILITARY COMMAND , obverse and reverse full colour die proofs for 100 Deutsche Mark, 1948, each with two cancellation holes, laid down on card, overall extremely ne or better (2 notes)
          BNB B110p, Pick 8p
          £150-£200
          248
          BANK DEUTSCHER LANDER, ALLIED MILITARY COMMAND , obverse and reverse full colour die proofs for 10 Deutsche Mark, 1948, each with two cancellation holes, laid down on card, overall extremely ne or better (2 notes)
          BNB B107p, Pick 5p
          £100-£150
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          251
          BANK DEUTSCHER LANDER, ALLIED MILITARY COMMAND , obverse and reverse full colour die proofs for 20 Deutsche Mark, 1949, reverse with two cancellation holes, laid down on card, overall extremely ne or better (2 notes)
          
    
    BNB B117p, Pick 17p
          £120-£160
          GAMBIA • GERMANY WORLD BANKNOTES
        X
          GAMBIA GERMANY
        252
          BANK OF GHANA , a group of initial engravers workings on transparent acetate showing the outlines of plate designs for the obverse 2 Cedis, 1972 Issue, 10 Cedis, obverse, reverse (2), 20 Cedis (2), obverse and reverse, 50 Cedis reverse, 100 Cedis, obverse and reverse, 200 obverse and reverse, some with elements slightly di erent to the issued design, each of these is unique and they are remarkable survivors, as most were simply treated as printers waste (11 items)
          BNB B115, B121-B123, B126-B128, Pick 14, 20-22, 25-27
          £200-£300
          253 X
          GOVERNMENT OF GIBRALTAR , £1, 1 October 1927, serial number C198175, Walter Bowring
          
    signature, in PMG holder 25, very ne, a scarce early date for type
          
    
    BNB B113a, Pick 12a
          £600-£800
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES GHANA • GIBRALTAR
        GHANA GIBRALTAR
        254 X
          GOVERNMENT OF GIBRALTAR , £5, 1 June 1942, serial number C077459, Todd signature, in PMG holder 40 EPQ, extremely ne
          
    
    BNB B114b, Pick 16a
          255
          £300-£400
          GOVERNMENT OF GIBRALTAR , 10 Shillings, 3 October 1958, serial number D251455, Gomez signature, lightly pressed, extremely ne
          BNB B115c, Pick 14 £60-£80
          258
          GOVERNMENT OF GIBRALTAR , £50 (2), 27 November 1986, consecutive serial numbers A076183-84, Traynor signature, uncirculated (2 notes)
          BNB B122a, Pick 24 £200-£260
          259
          GOVERNMENT OF GIBRALTAR , £10 (8), 1 July 1995, serial number AA294850-57, Traynor signature, uncirculated (8 notes)
          
    
    BNB B124a, Pick 26a £150-£200
          260
          GOVERNMENT OF GIBRALTAR , £10 (8), 1 December 2006, serial number AA767384-91, Bristow signature, counting icks, otherwise uncirculated (8 notes)
          
    BNB B124b, Pick 26b £120-£160
          261
          GOVERNMENT OF GIBRALTAR , £20 (2), 1 July 1995, serial numbers AA841792-93, Traynor signature, £20 (2), 1 December 2006, serial numbers AB473136-67, Bristow signature, uncirculated (4 notes)
          BNB B125a,b, Pick 27a, 33 £100-£150
          256
          GOVERNMENT OF GIBRALTAR , £5 (5), 4 August 1988, serial numbers E848963-67, Traynor signatures, uncirculated (5 notes)
          
    BNB B119b, Pick 21b
          £100-£150
          257 X
          GOVERNMENT OF GIBRALTAR , £50, 27 November 1986, serial number A079022, Traynor signature; also £50, 1 December 2006, serial number AA195671, Bristow signature, rst uncirculated, second in Legacy holder 67 PPQ, superb gem uncirculated (2 notes)
          BNB B122a, B126b, Pick 24a, 34a
          £150-£180
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          262
          GOVERNMENT OF GIBRALTAR , £50 (3), 1 December 2006, serial numbers AA194014, AA194017, AA194020, Bristow signature, counting icks, otherwise uncirculated (3 notes)
          BNB B126b, Pick 34a £200-£260
          GIBRALTAR WORLD BANKNOTES
        263
          GOVERNMENT OF GIBRALTAR , commemorative £5 (30), 2000, serial numbers MM409710-39, Bristow signature, uncirculated (30 notes)
          
    BNB B127a, Pick 29
          264
          £200-£260
          GOVERNMENT OF GIBRALTAR , commemorative £10 (7), 1 September 2002, pre x B, Bristow signature, £20 (2), 4 August 2004, pre x CCC, Bristow signatures, uncirculated (9 notes)
          BNB B128a, B129a, Pick 30, 31
          265
          £200-£260
          GOVERNMENT OF GIBRALTAR , £10 (8), 1 January 2010, serial number A/AA 040382-90, £50 (2), 1 January 2010, serial number A/ AA 006538, £100 (2), 1 January 2010, serial number A/AA 006444-45, uncirculated (12 notes)
          BNB B131a, B133a, B134a, Pick 36, 38a, 39a£460-£550
          266
          GOVERNMENT OF GIBRALTAR , £50 (3), 1 January 2010, serial numbers A/AA 006559-61, also £100 (2), 1 January 2011, serial numbers A/AA 006436-37, Dayaram signature, uncirculated (5 notes)
          
    BNB B133a, B134a, Pick 38, 39
          GREECE
          267
          £400-£500
          BANK OF GREECE , 500 Drachmai, 1 January 1939, serial number
          T-017 186482, in PMG holder 67 EPQ, superb gem uncirculated, the joint nest on the population report
          Pick 109a
          £150-£200
          BANK OF GREECE , 1000 Drachmai, 1 May 1935, serial number
          AH=039-073880, uncirculated and a ‘pretty’ note
          Pick 106a
          £100-£140
          BANK OF GREECE , 10 Drachmai, 1955, serial number Y.08 146501, in PMG holder 66 EPQ, gem uncirculated, scarce in this grade
          
    
    
    
    Pick 189b
          £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES GIBRALTAR • GREECE
        268 X
          269 X
          GREENLAND
          AN EXTREMELY RARE AND HANDSOME 5 RIGSDALER OF 1804
          
    270 X
          GREENLAND, DANISH ADMINISTRATION , 5 Rigsdaler, 1804, serial number 118, Mattiesen and Duncan signatures, splits and staining but of very pleasing and original appearance, in PMG holder 35, choice very ne, rare and one of only two examples in total on the PMG population report
          
    BNB B110a, Pick A10 £1,800-£2,400
          GRENADA
          271
          BARCLAYS BANK (DOMINION. COLONIAL AND OVERSEAS), GRENADA BRANCH, printers archival specimen $5, 1 May 1937, G in eld at right, serial number range D/CU 992001 to D/CY 1004000, Martin signature, perforated CANCELLED, ink date ‘15.4.37’ in top margin, uncirculated and rare
          
    BNB B033as, Pick S107as £400-£600
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          GREENLAND • GRENADA WORLD BANKNOTES
        GUADELOUPE
          272
          BANQUE DE LA GUADELOUPE , 25 Francs, ND (1934-1944), serial number A.7 848, Marconnet, Gascon and Picard signatures, in PMG holder 58, choice about uncirculated, with only one example in higher grade recorded on the PMG population report, very rare in this exceptional grade for type
          
    BNB B318a, Pick 14 £800-£1,000
          GUATEMALA
          273
          BANCO CENTRAL DE GUATEMALA , 10 Quetzales, 22 May 1945, serial number B 039635/689931, handstamped sub-gerente low right, in PMG holder 35, choice very ne, a rare type especially as this is the highest of only two notes recorded on the PMG population report
          
    
    BNB B412, Pick 17b £700-£900
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    WORLD BANKNOTES GUADELOUPE • GUATEMALA
        274
          
    BANCO CENTRAL DE GUATEMALA , 20 Quetzales, 1947, serial number 858037, in PMG holder 53, about uncirculated, a pleasing Waterlow design and a rare type
          
    
    
    
    
    275 X REPUBLIQUE D’HAITI , 2 Gourdes, L.16 April 1827, serial number 76501, manuscript signatures, top left corner excised, otherwise very good, presentable and scarce Pick 2c £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    GUATEMALA • HAITI WORLD BANKNOTES
        BNB B504b, Pick 22a £1,200-£1,400
          HAITI AN ATTRACTIVE WATERLOW PRINTED 20 QUETZALES OF 1947
        276 X
          CHARTERED BANK, HONG KONG , $50, 1970-75, serial number B0943608, Scotchmer and Millar signatures, in PMG holder 65 EPQ, gem uncirculated
          
    BNB B370b, Pick 75a £800-£1,000
          277 X
          CHARTERED BANK, HONG KONG , $100, 1970-75, serial number C400004, unknown and Millar signatures, in PMG holder 65 EPQ, gem uncirculated, a radar serial number
          
    
    BNB B370b, Pick 76a £800-£1,000
          
    in Terms
        3, 4
        10
        the back
        this catalogue. WORLD BANKNOTES HONG KONG
        All lots are subject to extra charges which may be viewed
        and Conditions
        and
        at
        of
        KONG
        HONG
        HUNGARY
          278
          HUNGARIAN FUND , $1 (10), 2 February 1952, serial numbers 28250-59, and $5 (8), letter A, serial numbers 12992-99, generally uncirculated (18 notes)
          
    Pick S136a, S137 £200-£260
          279 X
          HUNGARIAN NATIONAL BANK , 100,000,000 (B) Pengo, 1946, no serial numbers, in PMG holder 58 EPQ, choice about uncirculated, quite scarce
          
    BNB B545a, Pick 136 £200-£260
          ICELAND
          280
          LANDSBANKI ISLANDS , specimen 500 Kronur, 15 April 1928 (1948), serial number 000.000, Jonsson and Sigurthsson signatures, red SPECIMEN overprint, CANCELLED perforation, slight crinkling otherwise about uncirculated and scarce
          
    BNB B614a1s, Pick 36as £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          HUNGARY • ICELAND WORLD BANKNOTES
        
    
              
              
            
            INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
          
    Portals Paper was set up by French papermaker Henri (later Henry) Portal in the early 1700s. Due to its ability to produce sizeable quantities of a superb quality paper, and in a location relatively close to the Bank of England printing works, Portals was chosen to produce watermarked security paper for their banknotes. The rst order was received in 1724, and Portals continued to supply almost every piece of paper for all Bank of England notes for the next three centuries. At the height of the British Empire, Portals was producing paper for all three of the major British banknote printers - Bradbury Wilkinson, Waterlow & Sons, and De Le Rue - who together provided banknotes for a huge swathe of countries across the world.
          When the government of India decided to print its own banknotes in the late 1850s, Portals was chosen to provide this paper. There were many similarities between the proposed designs and the existing Bank of England notes; the new notes, featuring a portrait of Queen Victoria, were printed and released in the early 1860s. Featured in this auction are some exquisite and exceedingly rare early examples of the paper used for these notes. Over the course of the following decade, counterfeiting became a serious concern in India, and Portals worked closely with the Bank of England printers to increase the security of a new issue that was to be released in the early 1870s. This auction includes several proofs, specimens, and paper samples for this rst of the ‘black and green’ India series. This type of paper design was a success, and remained in continual use for over fty years, before gradually being replaced by notes featuring the portraits of King George V. In this auction appears a complete set of George V watermarks, as well as several that were never used, alongside various other important items. Portals continued making Indian watermarked paper throughout the reign of George VI and into the era of independence, and many such examples can be seen across the following pages.
          It is important to state that this is the rst and only time that most of these items will ever be o ered for auction. This is the entirety of the material of this kind that has remained in the Portals archives, and no more will ever come from this source. We hope you all enjoy the remarkable o ering of this unique material, and wish you the best of luck with your bids.
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE WORLD BANKNOTES FOREWORD
        A GROUP OF DESIGNS AND TRIALS FOR THE VICTORIA PORTRAIT NOTES OF THE 1860S
          281 †
          GOVERNMENT OF INDIA , the original pencil design for the watermark of the Victoria portrait 10 Rupees of 1863, along with 22 early trials for the watermark itself on a variety of di erent paper stock, and a couple of slightly di erent designs, all housed in a number of paper folders, dated 1860, and with annotations explaining the contents, some of the papers are folded one or more times, many are exactly as produced, these are the earliest known paper trials for the rst Government of India issue, and are extremely important, and are sold here in their entirety, with none held back for later auctions, a superb group (23 papers, 5 folders)
          
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        BNB B102, Pick A1 £3,000-£4,000
          GOVERNMENT OF INDIA , archival examples of watermarked paper from the 5, 10, 20 and 50 Rupees, Victoria Portrait, with three sheets of two notes for each denomination, as well as three sheets of non-denominated paper, all paper with large cancellation holes to prevent use by forgers, because this is the actual paper used to make the notes, all housed in a blue paper folder, some ragged edges and folds, in general all paper white and clean as the day it was produced over 150 years ago, exceptionally rare, and the only paper of this type in the Portals archive, thus a completely unique opportunity (15 sheets of two notes each, 1 folder)
          
    BNB B101-B104, Pick AA1, A1, A1A, PNL £5,000-£7,000
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE WORLD BANKNOTES
        282 †
        ONE OF THE EARLIEST KNOWN FULLY PRINTED DESIGNS FOR THE 5 RUPEES OF 1871 AN IMPORTANT DISCOVERY
          
    
    
    
    
    
    283 †
          GOVERNMENT OF INDIA , a printers design for 5 Rupees, Lahore or Calcutta, 20 January 18- (1871), serial number L/8 00000, six cancellation holes, ink and crayon annotations on face, and a note on reverse stating that this is the ‘1st approximate trial of position of printing’ with the date 1 June 1871, staple holes and a small tear, in PMG holder 50, about uncirculated, and while at rst it may appear the same as the issued notes, this is actually very di erent in almost all respects, such as the size and positioning of elements of the design, the same of several of them, and the colour of the printing, an absolutely remarkable piece, and probably a unique survivor
          BNB B108p for similar, Pick A2pd, Razack 2A.1.1 £12,000-£16,000
          
    WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        A GROUP OF BLACK AND WHITE PROOFS FOR AN UNADOPTED 5 RUPEES OF 1871
          GOVERNMENT OF INDIA , printers design for 5 Rupees on watermarked paper, ND (1871), no signature or serial number, ink and pencil printers annotations, in PMG holder 63 EPQ, choice uncirculated, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later
          BNB B108p for similar, Pick A2pd, Razack 2A.1.1 £5,000-£7,000
          PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
          GOVERNMENT OF INDIA , printers design for 5 Rupees, ND (1871), no signature or serial number, ink annotations, in PMG holder 63 EPQ, choice uncirculated, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later
          
    
    BNB B108p for similar, Pick A2pd, Razack 2A.1.1 £5,000-£7,000
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    INDIAN
        WORLD BANKNOTES
        284 †
          285 †
          GOVERNMENT OF INDIA , printers design for 5 Rupees, ND (1871), no signature or serial number, ink annotations, minor stains, in PMG holder 45, choice extremely ne, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later
          
    
    BNB B108p for similar, Pick A2pd, Razack 2A.1.1
          £4,000-£5,000
          GOVERNMENT OF INDIA , printers design for 5 Rupees on large format watermarked paper, ND (1871), no signature or serial number, crayon annotations, in PMG holder 45 EPQ, choice extremely ne, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later
          BNB B108p for similar, Pick A2pd, Razack 2A.1.1
          
    £5,000-£7,000
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        286 †
          287 †
          AN EXTREMELY RARE PROOF FROM THE ALLAHABAD OR CALCUTTA CIRCLE
          
    
    
    288 †
          
    
    
    
    
    
    GOVERNMENT OF INDIA , proof 5 Rupees on larger format un-watermarked paper, Allahabad or Calcutta, 20 January 1872, no signature or serial number, four cancellation holes, printers annotations in pencil and coloured crayon, and additonal design elements on the extra
          
    
    
    
    INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE WORLD BANKNOTES
        paper around the margins, in PMG holder 45, choice extremely ne, extremely rare
          BNB B108p for type, Pick A2p1, Razack 2A.1.1 £10,000-£15,000
          A TRIO OF FULLY PRINTED PROOFS FOR THE 5 RUPEES OF 1871
          
    
    
    
    
    
    
    
    
    
    
    
    WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        289 †
        GOVERNMENT OF INDIA , proof 5 Rupees on watermarked paper, Kurrachee or Bombay, 20 January 1871, no signature or serial number, four cancellation holes, ink, pencil and crayon printers annotations, in PMG holder 64, choice uncirculated, extremely rare BNB B108p for type, Pick A2p1, Razack 2A.1.1 £8,000-£10,000
          PORTALS
          290 †
          GOVERNMENT OF INDIA , proof 5 Rupees on watermarked paper, Kurrachee or Bombay, 20 January 1871, no signature or serial number, four cancellation holes, ink, pencil and crayon printers annotations, in PMG holder 64, choice uncirculated, extremely rare
          BNB B108p for type, Pick A2p1, Razack 2A.1.1 £8,000-£10,000
          WATERMARKED PAPERS
          291 †
          GOVERNMENT OF INDIA , proof 5 Rupees on watermarked paper, Kurrachee or Bombay, 20 January 1871, no signature or serial number, four cancellation holes, ink, pencil and crayon printers annotations, in PMG holder 64, choice uncirculated, extremely rare
          
    
    BNB B108p for type, Pick A2p1, Razack 2A.1.1 £8,000-£10,000
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    INDIAN PROOFS
        FROM THE
        ARCHIVE WORLD BANKNOTES
        AND
        
              
              
            
            A GROUP OF HIGHLY UNUSUAL DIE PROOFS FOR THE 5 RUPEES OF 1871
          292
          
    
    GOVERNMENT OF INDIA , proof 5 Rupees, ND (1871), no signatures or serial numbers, four cancellation holes, with black printing elements present but lacking the green underprint, with several printers annotations in ink, pencil and crayon, stain and pinholes,in PMG holder 62, uncirculated, extremely rare
          BNB B108p for type, Pick A2p1, Razack 2A.1.1
          293
          GOVERNMENT OF INDIA , proof 5 Rupees, ND (1871), no signatures or serial numbers, four cancellation holes, with black printing elements present but lacking the green underprint, with several printers annotations in ink, pencil and crayon, stain and pinholes,in PMG holder 62, uncirculated, extremely rare
          
    
    BNB B108p for type, Pick A2p1, Razack 2A.1.1
          £5,000-£7,000
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        †
          £5,000-£7,000
          †
          294
          GOVERNMENT OF INDIA , proof 5 Rupees, ND (1871), no signatures or serial numbers, four cancellation holes, with black printing elements present but lacking the green underprint, with several printers annotations in ink, pencil and crayon, stain and pinholes,in PMG holder 58, choice about uncirculated, extremely rare
          
    BNB B108p for type, Pick A2p1, Razack 2A.1.1 £5,000-£7,000
          295
          GOVERNMENT OF INDIA , proof 5 Rupees on larger format paper, ND (1871), no signatures or serial numbers, four cancellation holes, with black printing elements present but lacking the green underprint, with several printers annotations in ink, pencil and crayon, in PMG holder 63, choice uncirculated, extremely rare
          
    BNB B108p for type, Pick A2p1, Razack 2A.1.1 £5,000-£7,000
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE WORLD BANKNOTES
        †
          †
          GOVERNMENT OF INDIA , two uncut pairs of watermarked papers as used on all denominations of 10 Rupees and above (up to 1000 Rupees), non-pictorial green printed issue until 1909, after which time each denomination was given unique paper, this paper dated fth week of 1876, each with cancellation hole, paper exactly as produced, uncirculated and extremely rare (4 papers on 2 sheets)
          
    
    BNB B111-B128 for types, Pick A10-A19
          298
          GOVERNMENT OF INDIA , watermarked paper for 100 Rupees, paper dated 1925, annotated ‘100 Rupees, Government of India. 2nd Issue.’, glued into blue card frame, as produced, very rare
          BNB B123, Pick A17
          £300-£400
          £500-£700
          GOVERNMENT OF INDIA , watermarked paper for 100 Rupees, paper dated 1925, annotated ‘100 Rupees, Govt of India Note. Hand Made.’, glued into cream paper frame, as produced, very rare
          
    BNB B123, Pick A17
          £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        296 †
          297 †
          †
          299 †
          GOVERNMENT OF INDIA , three sheets of watermarked paper for three di erent issues of 5 Rupee notes, the rst in 1915 (8 notes on a sheet), the second a late printing of the non-pictorial type in 1924 (24 notes on a sheet) and the last the rst printing of the rst George V issue in 1924 (24 notes on a sheet), housed in paper folder with details of the contents, all as produced, with some folds in sheets, extremely rare and the only chance to acquire uncut sheets of original Indian paper from these issues (56 papers across 3 sheets)
          
    BNB B131, B132, B138, Pick A5, A6, 4, Razack 2A.1.4, 2A.1.5, 3.4 £1,500-£2,000
          300 †
          GOVERNMENT OF INDIA , an uncut pair of watermarked hand made papers for 10 Rupees, non-pictorial red printed issue, paper dated 1923, in the nal few years of this issue, paper exactly as produced, uncirculated and extremely rare (2 papers on 1 sheet)
          
    BNB B133, Pick A10
          £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          301 †
          GOVERNMENT OF INDIA , proof watermarked machine made paper for 10 Rupees, non-pictorial red printed issue, paper undated, with envelope giving year as 12 November (probably) 1917, paper exactly as produced, about uncirculated and extremely rare
          BNB B133, Pick A10 £200-£260
          
    INDIAN PROOFS
        FROM THE PORTALS ARCHIVE WORLD BANKNOTES
        AND WATERMARKED PAPERS
        302 †
          GOVERNMENT OF INDIA , initial pen sketches on acetate (or equivalent substance) for the watermark for 1 Rupee, ND (1917), also an example of the actual watermarked paper, annotated with the text ‘1 Rupee, Government of India. 1st Issue.’ also two other workings or designs for the rayed star image on paper, watermark glued into blue card frame, uncirculated, very rare, sketches in annotated envelope, good condition, unique (5 items not including envelopes)
          
    BNB B135, Pick 1, Razack 3.1
          303 †
          £300-£400
          GOVERNMENT OF INDIA , several sheets of watermarks for 1 Rupee, ND (1917), including one and a half sheets of the old watermark (star in box, 60 notes total), and one sheet of the new watermark (star without box, 40 notes total), enclosed in an annotated folder detailing the contents, each sheet folded several times, but in otherwise excellent condition, the only examples of this watermark in the Portals archives, so a chance to acquire the entire group (100 watermarked papers)
          
    BNB B135, Pick 1, Razack 3.1
          304 †
          £1,000-£1,500
          GOVERNMENT OF INDIA , watermarked paper for 5 Rupees, ND (1925), annotated with the text ‘5 Rupees, Government of India (4th Issue)’, glued into blue card frame, uncirculated, very rare
          
    BNB B138, Pick 4, Razack 3.4B
          £200-£260
          WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        305
          GOVERNMENT OF INDIA , watermarked paper for 5 Rupees (2), ND (1925), annotated in margins, glued into cream paper frames, uncirculated, very rare (2 papers)
          
    BNB B138, Pick 4, Razack 3.4B
          £360-£440
          307
          GOVERNMENT OF INDIA , a specimen trial ‘Kings Head’ of George V, as used on the 10 Rupees of 1923, itself annotated, and also with an envelope with the following text ‘Specimen trial ‘Kings Head’ as proposed by the Bank of England for adoption for the newly designed Currency Notes of the ‘Government of India’. Given to W.W.P for our Specimen Book Dec: 29. 1921.’, as produced, unique and quite special!
          
    
    BNB B139, Pick 5, Razack 3.6
          £400-£500
          306
          GOVERNMENT OF INDIA , a sheet of watermarks for the 10 Rupee of 1923, showing rayed star in box and George V cypher, annotated ‘10 R. Mould made. 1924’, folded several times, but generally extremely ne to uncirculated, the only watermarks of this type in the Portals archive (24 papers, 1 sheet)
          
    BNB B139, Pick 5, Razack 3.6
          £400-£500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE WORLD BANKNOTES
        †
          †
          †
          308
          GOVERNMENT OF INDIA , watermarked paper for 10 Rupees, ND (1925), annotated on paper ‘10 Rupees, Government of India (6th Issue)’, glued into blue card frame, uncirculated, very rare
          BNB B141, Pick 7, Razack 3.7
          £200-£260
          311
          GOVERNMENT OF INDIA , trial watermarks for the 50 Rupee of 1930, with the correct text but a di erent and expanded image of King George V, pencil annotations and paperclip marks, extremely rare (2 papers)
          
    
    
    
    
    BNB B143, Pick 9, Razack 3.9 for type £300-£400
          GOVERNMENT OF INDIA , watermarked paper for 10 Rupees (3), ND (1925), annotated on frames ‘10 Rupees, Government of India Note’, glued into cream paper frames, uncirculated, very rare (3 papers)
          BNB B141, Pick 7, Razack 3.7
          £500-£700
          312
          GOVERNMENT OF INDIA , trial watermarks for the 100 Rupee of 1930, with the correct text but a di erent and expanded image of King George V, pencil annotations and minor foxing, extremely rare (2 papers)
          BNB B144, Pick 10, Razack 3.10 for type £300-£400
          GOVERNMENT OF INDIA , watermarked paper for 50 Rupees, ND (1930), annotated with the text ‘50 Rupees Government of India. 4th Issue.’, di erent from the paper used by Nasik and probably intended as a second print run, to be printed in England, as is the case with the 100 Rupees, glued into blue card frame, uncirculated, extremely rare
          BNB B143, Pick 9, Razack 3.9
          £400-£500
          lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        All
        †
          309 †
          310 †
          †
          †
          GOVERNMENT OF INDIA , watermarked paper for 100 Rupees, ND (1930), annotated with the text ‘100 Rupees, Government of India. 4th Issue.’, this is the paper used in the UK printed type of this note, glued into blue card frame, uncirculated, extremely rare
          
    
    
    
    
    BNB B144, Pick 10, Razack 3.10
          £300-£400
          316
          GOVERNMENT OF INDIA , watermarked paper for 100 Rupees (3), ND (1927), annotated with the text ‘100 Rupees, Government of India Note.’, glued into cream paper frames, uncirculated, rare (3 papers)
          BNB B144, Pick 10, Razack 3.10 £400-£500
          314
          GOVERNMENT OF INDIA , watermarked paper for 100 Rupees (2), ND (1927), annotated with the text ‘100 Rupees, Government of India. 5th Issue.’, glued into blue card frames, uncirculated, rare (2 papers)
          BNB B144, Pick 10, Razack 3.10
          £300-£400
          GOVERNMENT OF INDIA , watermarked paper for 10,000 Rupees, ND (1931), annotated with the text ‘10,000 Rupees, Government of India Note. 3rd Issue.’, glued into blue card frame, uncirculated, extremely rare, this being the only example in the Portals archives
          
    BNB B147, Pick 13, Razack 3.12
          £600-£800
          315
          GOVERNMENT OF INDIA , watermarked paper for 100 Rupees (3), ND (1927), annotated with the text ‘100 Rupees, Government of India Note.’, glued into black thin card frames, uncirculated, rare (3 papers)
          BNB B144, Pick 10, Razack 3.10
          £400-£500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          GOVERNMENT OF INDIA , watermarked paper for 1 Rupee (2), ND (1928-1935), incorrectly annotated with the text ‘2 Rupees, Special Security Paper’ when in fact this is paper for the UK printing of the 1 Rupee, glued into blue card frames, uncirculated (2 papers)
          BNB B148, Pick 14, Razack 3.2.1
          £300-£400
          INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE WORLD BANKNOTES
        313 †
          †
          †
          †
          317 †
          318 †
          GOVERNMENT OF INDIA , watermarked paper for 5 Rupees, ND (1933), annotated in margin ‘Govt of India. 5 Rupees’, glued into cream paper frame, uncirculated, very rare
          BNB B149, Pick 15, Razack 3.5 £100-£150
          322
          GOVERNMENT OF INDIA , the original wax mould for the watermarked paper for 5 Rupees, ND (1933), enclosed in a pair of glass panes, one crack in the wax (glass intact), unique, and a highly unusual survivor
          
    
    
    
    BNB B149, Pick 15, Razack 3.5 £100-£150
          Please ensure that in the event that you win this item, you have a suitable location to store it in, as it may melt or lose de nition under high ambient temperatures.
          GOVERNMENT OF INDIA , watermarked paper for 5 Rupees (2), ND (1933), annotated on paper, glued into blue card frames, uncirculated, very rare (2 papers)
          BNB B149, Pick 15, Razack 3.5 £200-£260
          323 †
          GOVERNMENT OF INDIA , watermarked paper for 10 Rupees (2), ND (1933), annotated on paper ‘10 Rupees, Government of India (7th Issue)’, glued into blue card frames, uncirculated, very rare (2 papers)
          BNB B150, Pick 16, Razack 3.8 £300-£400
          324 †
          GOVERNMENT OF INDIA , watermarked paper for 5 Rupees (3), ND (1933), annotated in paper borders, glued into black thin card frames, uncirculated, very rare (3 papers)
          BNB B149, Pick 15, Razack 3.5 £300-£400
          GOVERNMENT OF INDIA , watermarked paper for 10 Rupees (3), ND (1933), annotated on paper ‘10 Rupees, Government of India’, glued into black thin card frames, uncirculated, very rare (3 papers)
          
    
    BNB B150, Pick 16, Razack 3.8 £400-£500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        319 †
          320 †
          321 †
          †
          325
          GOVERNMENT OF INDIA , watermarked paper for 1 Rupee, ND (1940), annotated with the text ‘1 Rupee India (2nd Issue)’, glued into blue card frame, uncirculated, extremely rare, this being the only example in the Portals archives
          BNB B151, Pick 25, Razack 4.1
          £150-£200
          328
          RESERVE BANK OF INDIA , watermarked paper for 100 Rupees, ND (1938), annotated with the text ‘100 Rupees, Reserve Bank of India (6th Issue)’, glued into blue card frame, uncirculated, rare
          
    BNB B204, Pick 20, Razack 4.7
          £260-£320
          326
          RESERVE BANK OF INDIA , watermarked paper for 5 Rupees (2), ND (1943), annotated with the text ‘5 Rupees, Reserve Bank of India (6th Issue)’, glued into blue card frames, uncirculated, very scarce in specimen format, although examples of this paper intended for issue can be obtained from the sunken ship S.S. Breda (2 papers)
          BNB B202, Pick 18, Razack 4.3
          £150-£200
          329
          RESERVE BANK OF INDIA , watermarked paper for 100 Rupees, ND (1938), annotated with the text ‘100 Rupees, Reserve Bank of India’, glued into blue card frame, uncirculated, rare
          BNB B204, Pick 20, Razack 4.7 £260-£320
          327
          RESERVE BANK OF INDIA , watermarked paper for 10 Rupees, ND (1938), annotated with the text ‘10 Rupees, Reserve Bank of India (8th Issue)’, glued into blue card frame, uncirculated, rare, this being the only example in the Portals archive
          
    
    
    
    
    BNB B203, Pick 19, Razack 4.5
          £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          330
          RESERVE BANK OF INDIA , watermarked paper for 100 Rupees, ND (1944), annotated with the text ‘100 Rupees India (5th Issue)’, glued into blue card frame, uncirculated, the rare facing watermark, the only example in the Portals archive
          BNB B204, Pick 20, Razack 4.7.3 £300-£400
          INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE WORLD BANKNOTES
        †
          †
          †
          †
          †
          †
          331 †
          RESERVE BANK OF INDIA , watermarked paper for 1000 Rupees, ND (1938), annotated with the text ‘1000 Rupees, Reserve Bank of India. 4th Issue’, glued into blue card frame, uncirculated, extremely rare, the only example in the Portals archive
          BNB B205, Pick 21, Razack 4.8
          £400-£500
          334 †
          RESERVE BANK OF INDIA , watermarked paper for 10 Rupees, ND (1944), annotated with the text ‘Reserve Bank of India, 10 Rupees’, glued into blue card frame, uncirculated, rare
          BNB B208, Pick 24, Razack 4.6
          £200-£260
          332 †
          RESERVE BANK OF INDIA , watermarked paper for 10,000 Rupees, ND (1938), annotated with the text ‘10,000 Rupees, Reserve Bank of India. 4th Issue’, glued into blue card frame, uncirculated, extremely rare, the only example in the Portals archive
          
    
    BNB B206, Pick 22, Razack 4.9
          £500-£700
          335 †
          RESERVE BANK OF INDIA , watermarked paper for 10 Rupees, ND (1944), annotated with the text ‘10 Rupees India (1944 Issue)’, glued into blue card frame, uncirculated, rare
          
    
    BNB B208, Pick 24, Razack 4.6
          £200-£260
          333 †
          RESERVE BANK OF INDIA , watermarked paper for 5 Rupees, ND (1944), annotated with the text ‘5 Rupee India (1946 Issue)’, glued into blue card frame, uncirculated, rare, this being the only example in the Portals archive
          
    BNB B207, Pick 23, Razack 4.4
          £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        336 †
          RESERVE BANK OF INDIA , watermarked paper the full range of denominations issued from 1949-54, comprising 2, 5, 10, 100, 1000, 5000 and 10,000 Rupees, all with annotations denoting the denomination and date, allglued into blue card frames, uncirculated and very rare (7 papers)
          
    BNB B209, B214, B219, B223, B227, B231, B233, Pick 27, 32, 37, 41, 46, 48, 50£700-£900
          RESERVE BANK OF INDIA , watermarked paper for 5 Rupees (3), ND (1950), annotated ‘Reserve Bank of India, 5 Rupees’, glued into blue card frame, uncirculated, rare (3 notes)
          
    
    BNB B214, Pick 32, Razack 6.3.1-3 £200-£260
          339 †
          RESERVE BANK OF INDIA , watermarked paper for 5000 Rupees, ND (1954), annotated ‘5000 Rupees India (1951)’, glued into blue card frame, uncirculated and rare
          BNB B231, Pick 48, Razack 6.10 £200-£260
          RESERVE BANK OF INDIA , watermarked paper for 5 Rupees, ND (1955), annotated ‘5 Rupees, Reserve Bank of India. (1955)’, glued into blue card frame, uncirculated, rare
          BNB B217, Pick 35, Razack 6.3.4 £100-£150
          340
          RESERVE BANK OF INDIA , watermarked paper for 5000 Rupees, ND (1954), annotated ‘Reserve Bank of India, 5000 Rupees’, glued into blue card frame, uncirculated and rare
          
    
    BNB B231, Pick 48, Razack 6.10 £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          INDIAN PROOFS AND
        PAPERS FROM THE PORTALS ARCHIVE WORLD BANKNOTES
        WATERMARKED
        337 †
          338 †
          †
          RESERVE BANK OF INDIA , watermarked paper for 10,000 Rupees, ND (1954), annotated ‘Reserve Bank of India, 10,000 Rupees’, glued into blue card frame, uncirculated and rare
          
    
    
    BNB B233, Pick 50, Razack 6.11
          £200-£260
          HYDERABAD GOVERNMENT , watermarked paper for 5, 10 and 100 Rupees, ND (1938-47), glued into blue card frames and annotations denoting what the paper is for, as produced, uncirculated, extremely rare and the only copies in the Portals archive (3 papers)
          
    Pick S273-S275, Razack 7.6, 7.9, 7.11
          £500-£700
          RESERVE BANK OF INDIA , watermarked paper for 10,000 Rupees, ND (1954), annotated ‘10,000 Rupees, Reserve Bank of India, 1950’, glued into blue card frame, uncirculated and rare
          
    BNB B233, Pick 50, Razack 6.11
          £200-£260
          HYDERABAD GOVERNMENT , watermarked paper for exceptionally rare 1000 Rupees, second issue, ND (1939), glued into blue card frame with annotations denoting what the paper is for, as produced, uncirculated, extremely rare and the only copy in the Portals archive, potentially the only surviving example
          Pick unlisted, Razack 7.13
          £500-£700
          RESERVE BANK OF INDIA , watermarked paper for 10,000 Rupees, ND (1954), annotated ‘10,000 Rupees India (1950)’, glued into blue card frame, uncirculated and rare
          BNB B233, Pick 50, Razack 6.11
          £200-£260
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIAN PROOFS AND WATERMARKED PAPERS FROM THE PORTALS ARCHIVE
        341 †
          342 †
          343 †
          344 †
          345 †
          PAPER DESTINED FOR THE THE UNISSUED SECOND ISSUE 1000 RUPEES
        INDIA • OTHER PROPERTIES
          A RARE 5 RUPEES OF 1920-36
          
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    INDIA • OTHER PROPERTIES WORLD BANKNOTES
        346 X
          HYDERABAD GOVERNMENT , 5 Rupees, ND (1920-36), serial number ME 089585, F.Y. Jung signature, annotation in top margin,in PMG holder 25, very ne, a very scarce type in any grade Pick S263d, Razack 7.5.2 £2,000-£3,000
          347 X
          HYDERABAD GOVERNMENT , 10 Rupees, ND (1917), serial number AI 91844, no signature, in PMG holder 35, choice very ne, the ever popular seal salvage note Pick S265a, Razack 7.8.5 £1,000-£1,500
          349
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    
    
    WORLD BANKNOTES INDIA • OTHER PROPERTIES
        348 X
          HYDERABAD GOVERNMENT , 10 Rupees, ND (1917), serial number BF 16597, Jung signature, staining, previously mounted, in PMG holder 30, very ne Pick S265e, Razack 7.8.3 £1,200-£1,800
          X
          HYDERABAD GOVERNMENT , 100 Rupees, ND (1920-28), serial number PS 84381, Sea Salvage note, staining, in PMG holder 40, extremely ne, a very presentable example for type, very scarce Pick S266a, Razack 7.10.4 £1,500-£2,000
          A HANDSOME EXAMPLE OF THE ‘SEA SALVAGE’ 100 RUPEES OF 1920–28
          HYDERABAD GOVERNMENT , 1 Rupee, ND (1941-45), serial number A/5 118779, G. Muhammad signature, in PMG holder 63, choice uncirculated, very high grade for type thus scarce
          
    
    £200-£300
          HYDERABAD GOVERNMENT , 1 Rupee, ND (1946-7), serial number AB/1 271227, Jung, signature, in PMG holder 58, choice about uncirculated
          £400-£500
          
    
    Terms
        INDIA • OTHER PROPERTIES WORLD BANKNOTES
        All lots are subject to extra charges which may be viewed in
        and Conditions 3, 4 and 10 at the back of this catalogue.
        350 X
          Pick S271a, Razack 7.2.3-3A
          351 X
          Pick S272c, Razack 7.3.3
          
    
    
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIA • OTHER PROPERTIES
        352 X
          HYDERABAD GOVERNMENT , 5 Rupees, ND (1938-47), serial number PH 542172, Muhammad signature, in PMG holder 35, choice very ne Pick S273c, Razack 7.6.4 £150-£200
          353 X
          HYDERABAD GOVERNMENT , 100 Rupees, ND (1945-6), serial number QY 71648, Hussain signature, minor evidence of mounting. staple holes, in PMG holder 30, very ne Pick S275e, Razack 7.11.5 £800-£1,200
          BANK
          
    
    
    
    Pick S141, Razack 1C.3.1.1
          
    £7,000-£9,000
          
    John Heyman began his career as a cashier at the London and Westminster Bank, before becoming an accountant at the Bank of Madras, where he spent the remainder of his working life. After the resignation of S.D Birch, Heyman was promoted to the highest position of the bank as Secretary and Treasurer on 1st of February 1845. Sadly Heyman died on the 26th August 1845 at the young age of 28, only months after his promotion . The only notes ever signed by him are 10 Rupees, dated 1 May 1845, such as this one, making this note a true rarity among Bank of Madras notes.
          
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. INDIA • OTHER PROPERTIES WORLD BANKNOTES
        354 X
          OF MADRAS, INDIA, 10 Rupees, 1 May 1845, serial number 12092, hand signed by John Heyman, several purple purple PAID handstamps, annotation on reverse, corrosion across body of note, overall good, this signature type seldom seen with only a couple of notes known in private hands, extremely rare!
          A RARE 10 RUPEES WITH A REMARKABLE STORY AND ONE OF THE RAREST SIGNATURES FOR THE BANK OF MADRAS
          AN EXTREMELY RARE 25 RUPEES OF 1849
          
    BANK OF MADRAS, INDIA , 25 Rupees, 27 August 1849, serial number 8221, Robert Hunter signature, four black CANCELLED overprint, annotations on reverse, signi cant damage to left corner and wear to the centre of note due to ink corrosion, overall very good, an extremely rare bank and even rarer denomination Pick S142, Razack 1C.3.1.4 £5,000-£7,000
          
    
    
    
    
    
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIA • OTHER PROPERTIES
        355 X
          A RARE 100 RUPEES WITH THE VERY LATE DATE OF 1860
          356 X
          BANK OF MADRAS, INDIA , 100 Rupees, 5 May 1860, serial number 18243, Robert Hunter, two black CANCELLED overprints, cut and rejoined, ink annotation, corroded paper, overall good, this is a much later date for type Pick S153, Razack 1C.3.1.6 £7,000-£9,000
          
    Indian private bank notes issued between 1858 and 1861 are much scarcer because the establishment of the British Raj in 1858 led to a new nancial system was put in place giving the Government Bank a monopoly on note issuance. After 1861, only notes issued by the Government were allowed, so all other banks, including the Bank of Madras, issued far fewer notes in the lead-up to the changeover.
          THE FINEST GRADED EXAMPLE OF THE 10 RUPEES OF 1901
          357 X
          GOVERNMENT OF INDIA , 10 Rupees, Bombay, 2 April 1901, serial number MA/4 33775, Barrow signature, minorrestoration and thinning, in PMG holder 25 NET, very ne, the nest note on the PMG population report, scarce BNB B111b4, Pick A7g, Razack 2A.2.1D.4 £2,000-£2,600
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    INDIA • OTHER
        WORLD BANKNOTES
        PROPERTIES
        GOVERNMENT OF INDIA , 5 Rupees, Calcutta, 12 October 1907, serial number YA/37 49801, Gillian signature, hand stamp on reverse, toned, in PMG holder 40, extremely ne, a very scarce type
          GOVERNMENT OF INDIA , 10 Rupees, Bombay, 2 December 1916, serial number ZB/3 39926, Howard signature, in PMG holder 25, very ne
          
    
    
    
    lots
        subject to extra charges
        be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIA • OTHER PROPERTIES
        All
        are
        which may
        358 X
          BNB B131c1, Pick A5h, Razack 2A.1.4A.1 £1,000-£1,500
          359 X
          BNB B133b2, Pick A10b, Razack 2A.2.3B.2 £500-£700
          A SUPERB RANGOON CIRCLE 10 RUPEES OF 1918
          360 X
          GOVERNMENT OF INDIA, BURMA ISSUE , 10 Rupees, Rangoon, 25 September 1918, serial number KD/60 10071, Gubbay signature, in PMG holder 25, very ne, very rare
          
    
    Pick A5c, Razack 2A.2.3.D.3
          
    
    361 X
          GOVERNMENT OF INDIA , 10 Rupees, without circle letter, 13 October 1919, serial number MD/60 74429, Gubbay signature, spindle holes in eld, in PMG holder 35, choice very ne
          BNB B133s1, Pick A10v, Razack 2A.2.4.1
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          INDIA • OTHER PROPERTIES WORLD BANKNOTES
        BNB B133r1,
          £3,000-£5,000
          £600-£800
          
    
    
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIA • OTHER PROPERTIES
        362 X
          GOVERNMENT OF INDIA , 10 Rupees, 5 May 1920, serial number AE/34 24601, Gubbay signature, in PMG holder 35, choice very ne
          BNB B133s1, Pick A10v, Razack 2A.2.4.1 £500-£700
          363 X
          GOVERNMENT OF INDIA , 1 Rupee (2), 1917, consecutive serial numbers Y/8 164211-12, McWatters signature, with booklet selvage, toned, in PMG holder 64, choice uncirculated (2 notes)
          BNB B135c, Pick 1e £1,000-£1,500
          
              
              
            
            A HIGHLY UNUSUAL PAIR OF NOTES FEATURING RAYED STAR WATERMARK AND DENNING SIGNATURES
          364
          GOVERNMENT OF INDIA , 1 Rupee, 1917, serial number S/48 844393, Denning signature, watermark star without box, in PMG holder 53, about uncirculated, an extremely scarce signature and watermark combination in nice grade
          BNB B135e, Pick 1c £1,000-£1,500
          365 X
          GOVERNMENT OF INDIA , 1 Rupee, 1917, serial number S/43 309976, Denning signature, one spot of foxing, ever so slightly toned, in PMG holder 50, about uncirculated, scarce signature and watermark combination
          
    
    BNB B135e, Pick 1c £1,000-£1,400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    INDIA • OTHER PROPERTIES WORLD BANKNOTES
        366 X
          GOVERNMENT OF INDIA , 5 Rupees, ND (1917), serial number J/20 200021, Denning signature, very slightly toned, in PMG holder 55, about uncirculated, scarcer in this high grade
          BNB B138a, Pick 4a £600-£800
          367 X
          GOVERNMENT OF INDIA , 5 Rupees, ND (1917), serial number L/76 161428, Taylor signature, minor foxing, in PMG holder 55, about uncirculated, a very nice example for type
          
    
    BNB B138c, Pick 4c £500-£600
          
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES INDIA • OTHER PROPERTIES
        368 X
          GOVERNMENT OF INDIA , 10 Rupees, ND (1917-30), serial number K/1 665239, Taylor Signature, spindle holes at left, in PMG holder 25, very ne
          BNB B141b, Pick 7b
          
    £200-£260
          371 X
          RESERVE BANK OF INDIA , 2 Rupees, ND (1937), serial number H/17 489967, Deshmukh signature, in PMG holder 64 EPQ, choice uncirculated
          
    
    
    BNB B201b, Pick 17b
          £100-£150
          369 X
          GOVERNMENT OF INDIA , 5 Rupees, ND (1928-1935), serial number Q/85 649227, Kelly signature, minor staining, usual pinholes, in PMG holder 63, choice uncirculated, scare in this high grade
          
    BNB B149b, Pick 15b
          £300-£400
          372 X
          RESERVE BANK OF INDIA , 5 Rupees (2), ND (1937), consecutive serial numbers F/36 463495-96, Taylor signature, in PMG holders 63, choice uncirculated (2 notes)
          BNB B202a, Pick 18a
          
    
    
    £120-£160
          370 X
          RESERVE BANK OF INDIA , 2 Rupees, ND (1937), serial number D/61 528755, Deshmukh signature, in PCGS holder 65 PPQ, minor spindle holes at left
          BNB B201b, Pick 17b
          £160-£220
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          373 X
          RESERVE BANK OF INDIA , 10 Rupees, ND (1937), serial number G/30 482307, Taylor signature, minor rust, in PMG holder 64, choice uncirculated
          
    
    
    BNB B203a, Pick 19a
          £60-£80
          
    INDIA • OTHER PROPERTIES WORLD BANKNOTES
        374
          RESERVE BANK OF INDIA , 10 Rupees (4), ND (1937), pre xes E/79, E/79, G/25 and G/97, Taylor signatures, rst two fresh and original good very ne, others very ne (4 notes)
          
    BNB B203a, Pick 19a
          £150-£200
          379
          ERROR: GOVERNMENT OF INDIA , 1 Rupee, 1978, serial number 35F 842275, misprint involving missing purple print, in PCGS holder number 65 EPQ, gem uncirculated
          BNB B158, Pick 77v £200-£260
          380
          RESERVE BANK OF INDIA , a large group of 10 Rupees, ND (2006-12), all with the usual pinholes, otherwise uncirculated (approx. 100 notes)
          BNB B280, Pick 95 £100-£140
          381
          ERROR: RESERVE BANK OF INDIA , 10 Rupees, ND (2006-12), serial number 05A 778592, 1000 Rupees, ND (2006-12), serial number 9AG 322943, both with ink transfer errors, uncirculated (2 notes)
          BNB B280, B285, Pick 95, 100 £150-£200
          375 X
          RESERVE BANK OF INDIA , 100 Rupees (4), Calcutta, ND (1937), consecutive serial numbers B/20 870845-48, Deshmukh signature, all in PMG holders numbers 55-58, choice about uncirculated (4 notes)
          BNB B204b2, Pick 20e
          £360-£460
          382
          ERROR: RESERVE BANK OF INDIA , 500 Rupees (4), ND (2016-2019), rst: pre x 6CK with incorrect position of serial number, second: pre x OKP, with extra paper, third: pre x 8SF, corner folded in printing process, serial number on reverse, fourth: pre x 5LB, serial number error, light bends and handling, good very ne (4 notes)
          BNB B303, Pick 114 £240-£300
          376
          GOVERNMENT OF INDIA , 10 Rupees, ND (1943), serial number B/32 386102, also a Reserve Bank 500 Rupees, ND (1997), Gandhi portrait, pinholes on rst note, uncirculated (2 notes)
          BNB B208a, B276a, Pick 24, 92a
          377 X
          £50-£60
          RESERVE BANK OF INDIA , 5 Rupees (65), ND (1951), all from the range H/65 044503-600, but with several serial number gaps, Rau signature, about uncirculated to uncirculated (65 notes)
          
    BNB B215a, Pick 33a £300-£400
          378
          RESERVE BANK OF INDIA , a group of 10 Rupees (6), 1951, pre xes T/13 and Q/15, Rama Rau signature, 1953, pre xes F/52 and F/74, Iyengar signature, pre xes W/83 and U/82, Bhattacharyya signature, all with lovely clean paper, the usual pinholes, extremely ne to uncirculated (6 notes)
          BNB B220a-B222, Pick 38a-40a £60-£80
          383 X
          BANK OF KHALISTAN , $5, ND (c.1980), serial number 127621, corner bend, about uncirculated
          
    
    Pick unlisted £100-£150
          384
          GOVERNMENT OF INDIA, 1 Rupee, Gandhi commemorative issue, Patel signature, 1 Rupee (2), Singh signature, RESERVE BANK OF INDIA, 10 Rupees, Bhattacharyya signature, 2 Rupees (4), Jha signature, 2 Rupees (2), 10 Rupees (2), Jha portrait, also a selection of more modern issues mainly Gandhi portrait (14), also 10 (82) and 20 (78) rupees, generally uncirculated (31 notes)
          Pick 40, 51b, 66-69a, 77-80, 82j, 88e £200-£260
          in Terms
        3, 4
        the back
        this catalogue. WORLD BANKNOTES INDIA • OTHER PROPERTIES
        All lots are subject to extra charges which may be viewed
        and Conditions
        and 10 at
        of
        387
          385 X
          BANK INDONESIA , 1000 Rupiah, 1958, 5, 50 and 1000 (2) Rupiah, 1959, in PMG holders 64, 67 EPQ, 66 EPQ, 67 EPQ and 66 EPQ respectively (5 notes)
          
    Pick 61, 65, 68, 71b, 117
          386
          £140-£180
          BANK INDONESIA , 10 Rupiah (100), 1 January 1959, serial numbers mostly consecutive, all pre x 10ACF, generally uncirculated (100 notes)
          
    BNB B528a, Pick 66
          £150-£200
          IMPERIAL BANK OF PERSIA , 1 Toman, Tehran, 7 December 1930, serial number A/K 051453, in PMG holder 30, very ne, lovely original paper visible through the holder, a superb example, very scarce in this grade and without any of the usual repairs, gra ti and other tampering
          
    
    BNB B113a, Pick 11
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £1,200-£1,600
          INDONESIA • PERSIA WORLD BANKNOTES
        PERSIA
        INDONESIA
        388
          BANK MELLI IRAN , 50 Rials, ND (1313/1934), serial number B079738, in PMG holder 53, about uncirculated, with paper that is clearly original, a superb example and very rarely seen in this grade
          BNB B110c, Pick 27a
          £600-£700
          392
          BANK MELLI IRAN , 10 Rials, (2) 20, 50, 100, 200 Rials, all ND (1951/1953), all Shah Pahlavi at right, generally good extremely ne to uncirculated (6 notes)
          Pick 54, 55, 56, 57, 58, 59
          393
          £100-£140
          BANK MELLI IRAN , 10 Rials (2), SN1333 (1954), also 20 rials (2), 50 rials (2), 100 rials, all 1954 series, Shah Pahlavi pro le portrait, also Bank Markazi 1961/1962/1965 series 10 rials (3), 20 rials (2),20 rials (2), 50 rials (3), 100 rials, 200 rials, also ND (1969- 1971) comprising 20 rials (2), 50 rials (2), 100 rials (4), 200 rials (2) and 500 rials, all with older portrait of Shah Pahlavi, generally uncirculated and an interesting and varied group (30 notes)
          Pick 64-67, 71-73, 76-79, 81, 84-87, 91b, 92a, 93b£240-£320
          389
          BANK MELLI IRAN, 10 Rials (2), SH1315/1936 and SH1317/1938, serial numbers A/1 767573 and A/1 339007, uncirculated (2 notes)
          
    BNB B115a, B127a, Pick 31a, 33A
          
    390
          £140-£180
          BANK MELLI IRAN , a group of Bank Melli Iran comprising 5 Rials (2), 1317 (1938), 20 Rials, 1316, both Shah Reza, also Shah Pahlavi 5 Rials (2), 10 Rials (2), 20 Rials (2), 200 Rials, generally good very ne or better (10 notes)
          Pick 32A, 34, 39-41, 47, 51
          £240-£300
          394
          BANK MARKAZI IRAN , 1000 Rials (3), ND (1969), uncirculated (3 notes)
          BNB B225a,b, Pick 94a,b £100-£150
          391
          BANK MELLI IRAN , 1000 Rials, 1317 (1938), serial number
          
    
    
    
    A/380835, red stamp on reverse, in PMG holder 40, extremely ne, scarce
          BNB B132d, Pick 38Ad
          £500-£700
          395
          BANK MARKAZI IRAN, 5000 Rials, ND (1971), serial number 372789, good very ne
          
    
    BNB B226b, Pick 95b £200-£260
          396
          BANK MARKAZI IRAN , a group of later issues including 20 Rials (7) ND (1971/1974), 50 Rials (13), 100 Rials (4), 100 Rials (2), 200 Rials (8), 500, 1000 (2) and 5000 Rials, generally uncirculated, two of the 20 Rials with black script on reverse, possibly specimens, the 5000 a scarcer signature variety, slight corner crease otherwise uncirculated (39 notes)
          Pick 97, 98, 100-106a, 108 £200-£300
          WORLD BANKNOTES IRAN
        IRAN
        397
          ISLAMIC REPUBLIC OF IRAN, a group comprising 50 rials (2), 100, 500 (2) and 1000 rials (2) all with portrait of Shah Pahlavi overprinted with arabesque design, Bank Markazi , ND (1981) 200,500,1000, 5000 and 10000 rials, also 1981 second issue 100 rials (2), 200 rials (3), 500 rials (2), 1000 rials (3) 5000 and 10000 rials, also Khomeini portrait 100 (3), 5000 and 10000 (2) rials, generally uncirculated (30 notes)
          Pick 117, 123, 118, 114, 115, 121, 124, 127-131a, 133-138, 140, 145c, 148c £200-£280
          IRAQ
          
    398
          GOVERNMENT OF IRAQ , 1 Dinar, 1931 (1934), serial number H087,257, Kennet and Ata Amin signatures, King Ghazi, one tear in lower and top margin due to hard central fold, ne and scarce
          
    BNB B109e, Pick 9e £800-£100
          A LOVELY CONDITION ‘BABY’ 1/4 DINAR WITH ATTRACTIVE ORIGINAL PAPER
          399
          GOVERNMENT OF IRAQ , 1/4 Dinar, 1931 (1942), serial number H605848, Lord Kennet and Ata Amin signatures, in PMG holder 53, about uncirculated, small tears, a lovely original example and very scarce in this grade
          BNB B118a, Pick 16a £1,800-£2,400
          
    IRAN • IRAQ WORLD BANKNOTES
        400 X
          GOVERNMENT OF IRAQ , 1/4 Dinar, 1931 (1942), serial number K983522, Lord Kennet and Ata Amin signatures, original very ne, an attractive and fresh example
          BNB B118a, Pick 16a £300-£360
          402
          401 X
          GOVERNMENT OF IRAQ , 1 Dinar, ND (1942), serial number P168203, Lord Kennet and Ata Amin signatures, original paper, a few tiny margin splits, good ne to about very ne, scarce
          BNB B120a, Pick 18a £300-£360
          NATIONAL BANK OF IRAQ , 1 Dinar (2), 1947 (1955), serial numbers S/1 154836 and S/1 167012, Abdul Ilah Hafudh signature, original very ne examples (2 notes)
          BNB B213b, Pick 39b £200-£260
          
    403 X
          CENTRAL BANK OF IRAQ , 1/4, 1, 5 and 10 Dinars, ND (1959), mix of Shawaf/Zahawi signatures, in PMG holders 64 EPQ, 64, 66 EPQ and 67 EPQ, choice/gem uncirculated, only a handful of higher grades for the 10 Dinars (4 notes)
          BNB B308b, B310a-B312a, Pick 51b, 53a-55a £500-£600
          404 X
          CENTRAL BANK OF IRAQ , a set from the 1958 Issue, 1/4 Dinar, 1/2 Dinar, with Abdul al-Shawaf signature, 1, 5 and 10 Dinars with Nadhim al-Zahawi signature, the 10 dinars uncirculated, the remainder very ne to extremely ne (5 notes)
          
    
    BNB B308-B312, Pick 51-55 £150-£200
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES IRAQ
        A GROUP OF RARE SPECIMENS AND COLOUR TRIALS FOR THE EARLY REPUBLICAN ISSUES
          405
          CENTRAL BANK OF IRAQ , colour trial 1 Dinar, ND (1958), serial number D/1 000000, specimen number 6, black SPECIMEN overprint and single cancellation hole, in PMG holder 64, choice uncirculated, previously mounted, very scarce
          
    BNB B310t, Pick 53cts £1,500-£2,000
          
    406
          
    CENTRAL BANK OF IRAQ , specimen 5 Dinars, ND (1958), no serial number, perforated specimen number 198, Zahawi signature, red SPECIMEN overprints, two cancellation holes, in PMG holder 63, choice uncirculated, small tear, scarce
          
    
    BNB B311as, Pick 54as £1,200-£1,600
          
    Terms
        3, 4
        10
        the
        IRAQ WORLD BANKNOTES
        All lots are subject to extra charges which may be viewed in
        and Conditions
        and
        at
        back of this catalogue.
        407
          
    CENTRAL BANK OF IRAQ , colour trial 10 Dinars, ND (1958), serial number W/1 000000, specimen number 7, red SPECIMEN overprint and single cancellation hole, in PMG holder 63, choice uncirculated, previously mounted, very scarce
          
    
    
    BNB B312t, Pick 55cts £2,000-£2,600
          408
          CENTRAL BANK OF IRAQ , specimen 1/4 Dinar, ND (1971), no serial number, perforated specimen number 054, Kubba signature, red SPECIMEN overprints, two cancellation holes, minor rust and staple holes, in PMG holder 62, uncirculated
          BNB B313as, Pick 56as £1,000-£1,500
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES IRAQ
        409
          CENTRAL BANK OF IRAQ , specimen 1/2 Dinar, ND (1971), no serial number, perforated specimen number 450, Kubba signature, red SPECIMEN overprints, two cancellation holes, minor rust and staple holes, in PMG holder 66 EPQ, gem uncirculated
          BNB B314as, Pick 57as £1,500-£2,000
          
    
    410
          CENTRAL BANK OF IRAQ , specimen 1 Dinar, ND (1971), no serial number, perforated specimen number 850, Kubba signature, red SPECIMEN overprints, two cancellation holes, minor rust and staple holes, in PMG holder 64, choice uncirculated, pinholes
          
    BNB B315as, Pick 58as £1,500-£2,000
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. IRAQ WORLD BANKNOTES
        CENTRAL BANK OF IRAQ , specimen 5 Dinars, ND (1971), no serial number, perforated specimen number 1268, Kubba signature, red SPECIMEN overprints, two cancellation holes, minor rust and staple holes, in PMG holder 65 EPQ, gem uncirculated, very scarce
          
    
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES IRAQ
        411 X
          CENTRAL BANK OF IRAQ , proof 1 Dinar, ND (1971), no serial number, no signature, one light bend at right, about uncirculated, scarce BNB B315p, Pick 58p £320-£420
          412
        BNB B316as, Pick 59as £1,500-£2,000
          CENTRAL BANK OF IRAQ , proof 5 Dinars, ND (1971), no serial number, no signature, about uncirculated to uncirculated, scarce
          
    
    BNB B316p, Pick 59p
          £400-£500
          416
          CENTRAL BANK OF IRAQ , specimen 250, 500 and 1000 Dinars, AH1440 (2018), also specimen 500 Dinars, AH1436 (2015), all zero serial numbers, red SPECIMEN overprints, in PMG holders 69 EPQ, 68 EPQ, 66 EPQ and 67 EPQ, superb/gem uncirculated (4 notes)
          BNB B358as-B360as, B353as, Pick 97bs, 98As, 98Abs, 104s £200-£260
          
    417
          CENTRAL BANK OF IRAQ , 1/4, 1 and 5 Dinars,1958, 1/4, 1, 5 and 10 Dinars, 1973, 1/4, 1 (2), 5 and 10, 25 Dinars (4),1973, 5 (2) and 10 (3) Dinars, 1980/1981/1985/1986, 25 Dinars (2), 1986, 1/4 (2), 1/2 (3), 1 (4) and 5 Dinars, 1979-1984, 25 Dinars (2), 1990, 50 Dinars (2), 1991, 1 Dinar, 1992, also 5 and 10 Dinars (3), 1992, crease on rst 5 Dinars otherwise uncirculated (41 notes) £240-£300
          CENTRAL BANK OF IRAQ , obverse and reverse photographs showing an early design for the 25 Dinars of 1985, serial number 0905936, in PMG holders 64 EPQ, choice uncirculated and 65 EPQ, gem uncirculated, very rare (2 photos)
          BNB B330, Pick 73 for similar
          £500-£700
          418 X
          AMERICAN EMBASSY, BAGHDAD , coupons for 20 and 50 Fils at the O cers Snack Bar, ND (probably 40’s-50’s), serial numbers 3691 and 5911, printed on orange and cream paper, about uncirculated, very rare (2 notes)
          
    unlisted £150-£200
          415
          CENTRAL BANK OF IRAQ , specimens for 50, 250, 500, 1000, 6000 and 10000 Dinars, AH1424/25 (2003/04), zero serial numbers, red SPECIMEN overprints, in PMG holders 66 EPQ, 66 EPQ, 66 EPQ, 68 EPQ, 68 EPQ and 65 EPQ, superb/gem uncirculated (6 notes)
          
    
    
    
    BNB B346as-B351as, Pick 90as-95as
          £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          IRAQ WORLD BANKNOTES
        413 X
          414 X
          419 X
          ANGLO-PALESTINE BANK LIMITED , 500 Mils, 1948, serial number C077222, in PMG holder 30, very ne
          
    
    BNB B106a, Pick 14a
          £600-£650
          422
          SOCCORSO A SOLLIEVO DEI ROMANI , 100 Lire, ND (1867), serial number 2099, manuscript signature low right, Garibaldi signature at left, pencil number top right, slight foxing otherwise a most presentable example, good very ne
          
    Gavello 44
          420 X
          BANK LEUMI , £1, ND (1952), serial number N594326, in PMG holder 64 EPQ, choice uncirculated
          
    BNB B302a, Pick 20a £240-£260
          423 X
          £500-£700
          S.MONTE DELLA PIETA A’ DI ROMA, ITALY , 9 and 10 Scudi, 1792, rst with repaired hole, no folds, handling, about uncirculated (2 notes)
          
    Pick S307, S308 £80-£120
          424 X
          BANCO DI NAPOLI, ITALY , 50 Centesimi, 1 August 1868, serial number 3/E 07742, 1 Lira, 1 September 1870, serial number G/D 6853, 50 Lire (2), 30 December 1909, serial number H-X 04248, 23 February 1911, serial number X-P 05305, one example of the 50 with tape repair, pinholes, otherwise very good to ne (4 notes)
          Pick S815, S820, S856 £120-£160
          421 X
          BANK OF ISRAEL , 10 Lirot, 1955, serial number B/1 847904, in PMG holder 58, choice about uncirculated
          
    
    
    BNB B404b, Pick 27b £40-£60
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES ISRAEL • ITALY
        ISRAEL ITALY
        425
          REPUBBLICA ITALIANA , 50 Lire (2), 1951, consecutive serial numbers 3386 042739-40, Dicristina, Cavallaro and Pariri signatures, in PCGS holder numbers 65 EPQ, gem uncirculated (2 notes)
          
    BNB B320bs, Pick 91s
          426 X
          £80-£100
          BANCA D’ITALIA , 100 Lire (3), dated 31 October 1914, 2 February 1915, 4 October 1918, Stringer and Sacchi signatures, pinholes, hand stamps, tears, very good to about ne (3 notes)
          
    BNB B402, Pick 39d
          £100-£150
          428
          BANCA D’ITALIA , 50 Lire, 13 November 1919, serial number G148 6014, Stringher and Sacchi signatures, a few pinholes, an attractive and original ne, very scarce
          BNB B407c, Pick 43c, Crapanzano 70
          £160-£240
          427
          BANCA D’ITALIA , 50 Lire, 4 January 1920, serial number C156 8644, Stringher and Sacchi signatures, clean and white paper, original condition, torn spindle hole in left margin, technically a good ne, but a lovely example
          BNB B407c, Pick 43c, Crapanzano 70
          £200-£260
          429 X
          BANCA D’ITALIA , 1000 Lire, 12 December 1934, serial number U19 0503, Azzolini-Cima signatures, pinholes, very good,
          
    
    
    
    BNB B417, Pick 56b
          £80-£100
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          430 X
          BANCA D’ITALIA , 50 Lire (2), 31 March 1943, serial number Z9 040406, 3 September 1943, serial number L40 060925, Azzolini-Urbini signatures, very ne (2 notes)
          BNB B421, B422, Pick 64, 65, Gavello BI 10A£120-£160
          ITALY WORLD BANKNOTES
        BANCA D’ITALIA , 1000 Lire, 6 February 1943, serial number G8 057159, Azzolini and Urbini signature, some minor damages along central folds, small hole at centre thus about ne
          BNB B428a, Pick 72a, Gavello BI 48B £80-£100
          434 X
          BANCA D’ITALIA , 10,000 Lire, 2 November 1961, serial number U1968 0277, Carli and Ripa signatures, in PMG holder 45 EPQ, choice extremely ne, a lovely original example of a handsome note
          BNB B446s, Pick 89d £300-£400
          432 X
          BANCA D’ITALIA , 10,000 Lire, 12 June 1950, serial number G/N 4593683, Menichella-Urbini signatures, extremely ne
          
    
    
    BNB B438, Pick 87b £120-£180
          433 X
          BANCA D’ITALIA , 1000 Lire, 14 August 1947, serial number L384 092664, Carli and Ripa signatures, in PMG holder 65 EPQ, gem uncirculated
          
    
    
    BNB B441e, Pick 88d £100-£150
          435 X
          BANCA D’ITALIA , 10000 Lire, 15 February 1973, serial number U0493 007192, Carli-Barbarito signatures, uncirculated
          
    
    BNB B450h, Pick 97f £100-£150
          436 X
          BANCA D’ITALIA , 5000 Lire, 20 May 1971, serial number
          
    KA068984B, Carli and Lombardo signatures, in PMG holder 66 EPQ, gem uncirculated
          BNB B454a, Pick 102a £100-£150
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES ITALY
        431 X
          437 X
          BANCA D’ITALIA , 5,000, 10,000 and 50,000 Lire, 1977-79, BaStevani signatures, uncirculated (3 notes)
          
    BNB B456-B458, Pick 105a-107a
          £100-£150
          439 X
          IL BANCO DI NAPOLI, LIBYA, circulating bearer cheque for 100 Lire, Tripoli, 30 December 1942, serial number A010932, issued by the National Fascist Party, Inspectorate for Libya, for circulation as money in Italy, Albania and Italian North Africa, good extremely ne and rare
          BNB unlisted, Pick unlisted
          £400-£500
          438 X
          BANCA D’ITALIA , 5,000 Lire, serial number LC 412484 V, 10,000 Lire, serial number TB 169293 S, 1983-84, Ciampi-Stevani signatures, uncirculated (2 notes)
          
    BNB B463-B464, Pick 110a, 113
          £100-£150
          440 X
          BANCA D’ITALIA, circulating bearer cheque for 100 Lire, ND (early 1940’s), serial number A0012624, for circulation as money in Italy, Albania and Italian North Africa, good extremely ne and rare
          
    
    BNB unlisted, Pick unlisted
          IVORY COAST
          441 X GOUVERNEMENT GENERAL DE L’A.O.F. , 1 Franc, 11 February 1917, serial number P-76 747, Peytral and Lapalud signatures, in PMG holder 62, uncirculated
          
    
    BNB B102c, Pick 2b
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £200-£260
          £400-£500
          ITALY • IVORY COAST WORLD BANKNOTES
        JAPAN
          
    A PAIR OF LOVELY JAPANESE IMPERIAL NOTES
          442 X
          GREATER JAPAN IMPERIAL NATIONAL BANK , 1 Yen, Tokyo, 20 August 1873, serial number D484427*, fresh and original paper, without any holes or tears, about very ne and very scarce
          
    
    
    443 X
          GREATER JAPAN IMPERIAL NATIONAL BANK , 5 Yen, December 1877, serial number in Japanese script, a few pinholes, overall an attractive and original good ne, but nicer than this grade might suggest, very scarce
          Pick
          
    WORLD BANKNOTES JAPAN
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
        BNB B201a15, Pick P10 £1,000-£1,500
          BNB B207a15,
          P21 £800-£1,000
          JORDAN
          
    
    AN EARLY 500 FILS OF 1949 IN EXCEPTIONAL GRADE
          
    HASHEMITE KINGDOM OF THE JORDAN , 500 Fils, 1949, serial number A/C 365206, Nabulsi and Haikal signatures, in PCGS holder 53 about uncirculated, rare, particularly in this very high grade
          
    
    
    HASHEMITE KINGDOM OF THE JORDAN , 1 Dinar, 1949, serial number A/G 642611, in PMG holder 35, choice very ne, scarce BNB B102b, Pick 2b £400-£500
          HASHEMITE KINGDOM OF JORDAN , 500 Fils, 1949 (1952), serial number B/C 486879, in PMG holder 58, choice about uncirculated, scarce BNB B106a, Pick 5Aa £700-£900
          
    
    
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    
    WORLD BANKNOTES
        JORDAN
        444 X
          BNB B101b, Pick 1b £3,400-£4,000
          445 X
          446 X
          447 X
          HASHEMITE KINGDOM OF JORDAN , 5 Dinars, 1949 (1952), serial number B/A 338567, in PMG holder 30, very ne
          
    
    BNB B108a, Pick 7a £200-£260
          448 X
          HASHEMITE KINGDOM OF JORDAN , 5 Dinars, 1949 (1952), serial number B/B 271288, pressed and with a little paper thinning and retouching on reverse, but an attractive good ne, scarce
          BNB B108a, Pick 7a £150-£200
          449 X
          CENTRAL BANK OF JORDAN , 1 Dinar (3), ND (1959), consecutive serial numbers BA 270657-59, Sha k and Al Nabulsi signatures, all in PMG holders 64 EPQ, choice uncirculated (3 notes)
          
    BNB B206b, Pick 14b
          £120-£140
          451 X
          CENTRAL BANK OF JORDAN , 20 Dinars, 2002, serial number YA000009, Marto and Toukan signatures, in PMG holder 66 EPQ, gem uncirculated, a nice low serial number
          BNB B233a, Pick 37s £100-£150
          452
          KEELING COCOS ISLANDS , 1/10, 1/4,1/2, 1, 2 and 5 Rupees, 1902, uncirculated (6 notes)
          
    BNB B117a-B122a, Pick S123-S128
          KENYA
          450
          CENTRAL BANK OF JORDAN , an initial engravers working on transparent acetate showing the outlines of plate designs for the obverse of 1 Dinar for 1975-88 Issues, design as issued, unique and a remarkable survivor, as most were simply treated as printers waste
          BNB B210a, Pick 18 £200-£260
          453 X
          £140-£180
          CENTRAL BANK OF KENYA , reverse proof for 20 Shillings, ND (1974-77), in PMG holder 67 EPQ, superb gem uncirculated
          
    
    
    BNB B113p, Pick 13p2 £80-£100
          
    WORLD BANKNOTES JORDAN • KEELING COCOS ISLANDS • KENYA
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
        KEELING COCOS ISLANDS
          455 X
          KUWAIT CURRENCY BOARD , obverse and reverse photographs showing an earlier Bradbury Wilkinson design for 1 Dinar, ND (1961), serial number 123456, Al-Sabah signature, in non-numeric PMG holder, showing considerable di erences to the note eventually issued, rare
          
    
    BNB B103a, Pick 3 for similar £500-£700
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    KOREA • KUWAIT WORLD BANKNOTES
        454
          BANK OF CHOSEN , 100 Won (4), ND (1947), series 48A, uncirculated (4 notes)
          KOREA
        BNB B428f, Pick 46b £150-£200
          KUWAIT
        456
          KUWAIT CURRENCY BOARD , 5 Dinars, ND (1961), serial number A/3 389168, Al-Sabah signature, uncirculated
          
    
    BNB
          Pick 4a £400-£500
          457
          KUWAIT CURRENCY BOARD , 10 Dinars, ND (1961), serial number A/1 522556, Al-Sabah signature, one light central fold which hasn’t broken the paper, paper clip indentation, very light handling thus extremely ne
          BNB B105a, Pick 5 £500-£600
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES KUWAIT
        B104a,
          458 X
          CENTRAL BANK OF KUWAIT , 1/4 Dinar, ND (1968), black serial numbers B/2 308386, in PMG holder 67 EPQ, superb gem uncirculated, scarce in this excellent grade
          
    
    BNB B201a, Pick 6
          £240-£260
          459
          BANQUE NATIONALE DU LAOS , 5 Kip (87), 1962, all pre x A.16, many consecutive serial numbers, a few with edge stains, generally uncirculated (87 notes)
          BNB B209b, Pick 9 £120-£160
          460
          BANQUE NATIONALE DU LAOS , an initial engravers working on transparent acetate showing the outlines of plate designs for the obverse of 5000 Kip for the 1978 Issue, design as issued, unique and ta remarkable survivor, as most were simply treated as printers waste
          
    BNB B219, Pick 19 £100-£150
          LATVIA
          461 X
          LATVIJAS BANK , Bradbury Wilkinson archival photograph of a proposed issue of 25 Latu, 1938, zero serial numbers, Kilve and Vanags signatures, Ulmanis portrait at right, printers ‘ink date 6.10.37’ on card mount, the portrait similar to the 1938 issue of 50 Latu, totally di erent from the 25 Latu of the 1938 series, as produced, with very minor edge damage, most unusual and interesting
          
    BNB B208/B209 for similar, Pick 20/21 for similar
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £400-£600
          KUWAIT • LAOS • LATVIA WORLD BANKNOTES
        LAOS
        LEBANON
          BANQUE DE SYRIE ET DU LIBAN, LEBANON , 10 Livres, 1 January 1956, serial number X28 03675, in PMG holder 40, extremely ne
          
    
    
    
    BNB B226a, Pick 57a, PCLB 88a £100-£150
          REPUBLIQUE LIBANAISE , 25 Piastres, 1 August 1942, serial number A/1 000245, in PMG holder 66 EPQ, gem uncirculated, a lovely low number in wonderful grade
          BNB B303a, Pick 36, PCLB 74a £200-£260
          AN EXTREMELY RARE UNISSUED 20,000 LIVRES OF 1999
          
    BANQUE DU LIBAN , unissued 20,000 Livres of 1999, serial number C031449099, in PMG holder 66 EPQ, gem uncirculated, sold along with the o cial Banque du Liban limited edition presentation envelope, this date was never o cially issued instead it was sold later as a commemorative note with only 100 notes printed for this date, this note being 99 of the 100 is a true modern rarity and essential in any comprehensive Lebanese banknote collections
          BNB B519, Pick not listed £1,000-£1,500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    WORLD BANKNOTES LEBANON
        462 X
          463 X
          464 X
          465 X
          BANQUE DU LIBAN , specimens for the 2011 to 2014 issue, comprising 1000, 5000, 10,000, 20,000, 50,000 and 100,0000 Livres, no serial numbers, red SPECIMEN overprints in Arabic, uncirculated (6 notes)
          
    BNB B532s-B537s, Pick 90s-95s £150-£200
          466
          BANQUE DU LIBAN , specimen 50,000 Livres, 2015, serial number D/00 0000000, red SPECIMEN overprint, in PMG holder 69 EPQ, superb gem uncirculated
          
    
    BNB B540s, Pick 98s £100-£150
          468 †
          KINGDOM OF LIBYA , watermarked paper for the £1/2, £1, £5 and £10 of 1 January 1952, all glued into blue card frames, the rst three together, the last separate, annotated in pen to identify each note, with some additional pencil annotations, as produced, rare (4 papers)
          BNB B104-B107, Pick 15-18 £300-£400
          469 †
          KINGDOM OF LIBYA , watermarked paper for the £1 of 1 January 1952 (3), all glued into individual blue card frames, annotated on paper, ‘kingdom of Libya, £1’ or similar, with paper weight also included, as produced, rare (3 papers)
          
    
    BNB B105, Pick 16 £200-£260
          467
          KINGDOM OF LIBYA , specimen £1/2, 1 January 1952, serial number D/1 000000, red SPECIMEN overprints and two cancellation holes, light handling but overall uncirculated
          
    BNB B104as, Pick 15s £200-£260
          470 †
          UNITED KINGDOM OF LIBYA , watermarked paper for the £1/2, £1, £5 and £10 of 1951 (1955), all glued into blue card frames, annotated in pen to identify each note, as produced, rare (4 papers)
          BNB B204-B207, Pick 8-11 £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          LEBANON • LIBYA WORLD BANKNOTES
        X
          LIBYA
          471
          UNITED KINGDOM OF LIBYA , £1, 24 October 1951, serial number C/5 714167, BANK OF LIBYA, £1 and £10, 5 February 1963, serial numbers 4 C/25 226975 and 4 A/12 525524, rst with pinholes, good ne, others nice original very ne examples (3 notes)
          BNB B205, B403, B405, Pick 9, 25, 27 £150-£200
          475
          BANK OF LIBYA , specimen £1, 1963, serial number 5 C/29 000000, red SPECIMEN overprint and perforations, uncirculated
          BNB B408as1, Pick 30s
          476
          £150-£200
          472
          NATIONAL BANK OF LIBYA , specimen £1/2, 1955, serial number D/6 000000, black SPECIMEN overprint and perforations, light corner bend, about uncirculated to uncirculated
          
    BNB B301s, Pick 19s £300-£400
          473
          NATIONAL BANK OF LIBYA , specimen £5, 1955, serial number B/3 000000, black SPECIMEN overprint and perforations, uncirculated
          
    
    
    
    BNB B303as2, Pick 21s
          £200-£260
          CENTRAL BANK OF LIBYA , 1/2 Dinar (2), ND (1971), serial numbers 1 D/19 677865-66, also 5 Dinars, ND (1971), serial number 1 B/38 018836 and 10 Dinars, ND (1973), serial numbers 1 A/28 892975, rst two uncirculated, others good about extremely ne (4 notes)
          BNB B502b, B504b, B505b, Pick 34b, 35b, 36b£100-£150
          477 X
          CENTRAL BANK OF LIBYA , 5 Dinars and 10 Dinars, ND (1972), in PMG holders 64 EPQ, choice uncirculated and 55 NET, tears and stains (2 notes)
          BNB B504b, B505b, Pick 36b, 37b £80-£100
          474
          NATIONAL BANK OF LIBYA , specimen £10, 1955, serial number
          
    
    A/4 000000, black SPECIMEN overprint and perforations, uncirculated
          BNB B304as, Pick 22s
          £240-£300
          478
          CENTRAL BANK OF LIBYA , specimen 1, 5 and 10 Dinars, ND (2004), zero serial numbers, red SPECIMEN overprints in Arabic, uncirculated (3 notes)
          BNB B531as-B533as, Pick 68s-70s £150-£200
          lots
        subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES LIBYA
        All
        are
        479
          CENTRAL BANK OF LIBYA , specimen 10 and 50 Dinars, 2011 and 2008, zero serial numbers, red SPECIMEN overprints in Arabic, uncirculated (2 notes)
          
    
    BNB B542as, B539as, Pick 78A, 75s £150-£200
          480
          CENTRAL BANK OF LIBYA , specimen 1 and 50 Dinars, ND (2013), zero serial numbers, red SPECIMEN overprints in Arabic, uncirculated and relatively scarce (2 notes)
          BNB B543s, B547s, Pick 76s, 80s £150-£200
          LITHUANIA
          WATERMARKED PAPER AND PROOFS FOR THE ICONIC BRADBURY WILKINSON SERIES OF THE 1920S
          481 †
          LIETUVOS BANKAS , watermarked paper for the Bradbury Wilkinson series issued in the 1920s, comprising 500 (3), 1000 (3), 50 (3) and 100 (3) Litu, all glued into individual thin card frames, annotated with details of the notes the paper was for, and sometimes the weight and type of the paper, the 50 and 100 Litu paper includes coloured bres like the issued notes, all items exactly as produced, extremely rare (12 papers)
          BNB B123, B124, B126, B127, Pick 21, 22, 24, 25£600-£800
          482 †
          LIETUVOS BANKAS , watermarked paper for the Bradbury Wilkinson series issued in the 1920s, comprising 500 (3), 1000 (3), 50 (3) and 100 (3) Litu, all glued into black card frames, the 1000 Litu all separate, and the others in groups of three, annotated with details of the notes the paper was for, the 50 and 100 Litu paper includes coloured bres like the issued notes, all items exactly as produced, extremely rare (12 papers)
          
    
    
    
    BNB B123, B124, B126, B127, Pick 21, 22, 24, 25£600-£800
          483 †
          LIETUVOS BANKAS , watermarked paper for the Bradbury Wilkinson series issued in the 1920s, comprising 500, 1000 (2), 50 and 100 Litu, all glued into blue card frames, one 1000 Litu separate, and the others in one one page, annotated with details of the notes the paper was for and the weights of the paper, the 50 and 100 Litu paper includes coloured bres like the issued notes, all items exactly as produced, extremely rare (5 papers)
          BNB B123, B124, B126, B127, Pick 21, 22, 24, 25£200-£260
          484 †
          LIETUVOS BANKAS , watermarked paper for the Bradbury Wilkinson series issued in the 1920s, comprising every denomination, 5, 10, 20, 50, 100, 500 and 1000 Litu, all glued into blue card frames across two full pages, annotated with details of the notes the paper was for, the 5, 10, 20, 50 and 100 Litu paper includes coloured bres like the issued notes, all items exactly as produced, extremely rare (7 papers)
          BNB B123-B129, Pick 21-27j £500-£700
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          LIBYA • LITHUANIA WORLD BANKNOTES
        485
          LIETUVOS BANKAS , obverse (4) and reverse (4) stage proofs for 100 Litu, 1928, consisting of obverse and reverse false colour die proofs along with three underprint proofs for the obverse and three for the reverse, ink annotations on all sheets, some with mounting traces on reverse, otherwise generally about uncirculated or better and extremely rare, probably unique in this colour (8 notes)
          BNB B127p, Pick 25p £2,000-£2,600
          This is the nal pair of notes from the group of proofs Noonans have been selling for several years - there are no more from this source
          486
          LIETUVOS BANKAS , obverse (4) and reverse (4) stage proofs for 100 Litu, 1928, consisting of obverse and reverse false colour die proofs along with three underprint proofs for the obverse and three for the reverse, ink annotations on all sheets, some with mounting traces on reverse, otherwise generally about uncirculated or better and extremely rare, probably unique in this colour (8 notes)
          
    
    BNB B127p, Pick 25p £2,000-£2,600
          This is the nal pair of notes from the group of proofs Noonans have been selling for several years - there are no more from this source
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES LITHUANIA
        487
          LIETUVOS BANKAS , reverse (5) stage proofs for 100 Litu, 1928, consisting of two reverse false colour die proofs and with three underprint reverse proofs, ink annotations on all sheets, some with mounting traces on reverse, otherwise generally about uncirculated or better and extremely rare, probably unique in this colour (5 notes)
          BNB B127p, Pick 25p £1,000-£1,500
          MADAGASCAR 488
          BANQUE DE MADAGASCAR , 20 Francs, ND (1937-1947), serial number V.360-0021, light handling, about uncirculated to uncirculated
          
    
    BNB B204, Pick 37 £80-£100
          489
          BANQUE DE MADAGASCAR , 50 Francs, ND (1937-1947), serial number F.977-634, Dejouany and Gonon signatures, in PMG holder 58, choice about uncirculated, scarce in this grade
          
    
    BNB B205c, Pick 38c £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          LITHUANIA • MADAGASCAR WORLD BANKNOTES
        MALAWI
          
    MALAYA
          AN UNASSUMING BUT EXCEPTIONAL GRADE 10 CENTS OF 1940
          
    BOARD OF COMMISSIONERS OF CURRENCY MALAYA , 10 Cents, 15 August 1940, serial number E289140, Carney
          
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES MALAWI • MALAYA
        490 X
          RESERVE BANK OF MALAWI , colour trial 10 Kwacha, ND (1974-1975), no serial numbers, mounting traces, in PMG holder 64 NET, choice uncirculated BNB B112t, Pick 12cts £140-£180
          491 X
          signature, in PMG holder 67 EPQ, superb gem uncirculated, exceptional grade for type BNB B104a, Pick 2 £1,000-£1,500
          492
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA , 1, 5 and 10 Cents, and $1, all 1 July 1941, last with serial number D/16 070439, in PMG holders 66 EPQ, 67 EPQ, 63 EPQ and 58, uncirculated and about uncirculated (4 notes)
          BNB B107a, B108b, B109b, B112a, Pick 6, 7b, 8a, 11£150-£200
          493
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA , 1, 5, 20 and 50 Cents, 1 July 1941, rst two uncirculated, last two extremely ne (4 notes)
          
    
    BNB B107a, B108a2, B110a, B111a, Pick 6, 7, 9a, 10a £120-£160
          494
          BPARD OF COMMISSIONERS OF CURRENCY, MALAYA , 5 and 10 Cents, $1, $5 and $10, 1 July 1941, Weisberg signatures, the 5 cents uncirculated, the remainder very ne to extremely ne (5 notes)
          BNB B108a, B109, B112-B114, Pick 7a, 8a, 11-13£240-£340
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    495
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA , $1, $5 and $10, 1 July 1941, Weisberg signature, good ne, very ne and ne (3 notes)
          
    BNB B112a-B114a, Pick 11a-13a £200-£260
          
    MALAYA WORLD BANKNOTES
        A SCARCE AND ATTRACTIVE $50 AND $100 FROM 1942
          496 X
          BOARD OF COMMISSIONERS OF CURRENCY, MALAYA , $50, 1 January 1942, serial number A/4 47095,
          
    
    
    497 X
          in any condition
          BOARD OF COMMISSIONERS OF CURENCY, MALAYA , $100, 1 January 1942, serial number A/5 72438,
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES MALAYA
        Hyman Weisberg signature, retouched and stained, in PMG holder 30 NET, very ne, scarce
          BNB B115a, Pick 14 £2,000-£2,600
          Hyman Weisberg signature, in PMG holder 25, very ne, scarce
          BNB B116a, Pick 15a, KNB15a £1,200-£1,600
          MALAYA AND BRITISH BORNEO
          498 X
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $1, 21 March 1953, serial number A/90
          
    
    457595, Taylor signature, in PCGS holder 63, choice new
          BNB B101a, Pick 1a
          499
          £100-£140
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $1 (3), 21 March 1953, serial numbers A/91 826729-30 and A/62 120875, Taylor signature, all extremely ne
          (3 notes)
          BNB B101a, Pick 1
          £80-£100
          501 X
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $5, 21 March 1953, serial number A/29
          
    
    
    575941, Taylor signature, in PMG holder 55, about uncirculated
          TBB B102a, Pick 2, KNB 2a
          £300-£360
          502
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $5, 21 March 1953, serial number A/26
          
    
    674812, central crease but of pleasing appearance, slight foxing, an original extremely ne
          BNB B102a, Pick 2
          £240-£300
          500 X
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $5, 21 March 1953, serial number A/27
          136243, in PMG holder 64, choice uncirculated, scarce in this grade
          BNB B102a, Pick 2a
          £500-£600
          503
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $5, 21 March 1953, serial number A/34
          427199, central crease, otherwise an original extremely ne
          BNB B102a, Pick 2
          £240-£300
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    MALAYA
        WORLD BANKNOTES
        AND BRITISH BORNEO
        504 X
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $10, 21 March 1953, serial number A/15 940784, in PMG holder 64, choice uncirculated, scarce in this attractive grade
          BNB B103, Pick 3a
          £500-£700
          505
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $10, 21 March 1953, serial number A/70 585104, extremely ne
          
    
    
    
    
    BNB B103, Pick 3 £150-£200
          A NICE EXAMPLE OF THE ETERNALLY POPULAR $100 OF 1953
          506 X
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA AND BRITISH BORNEO , $100, 21 March 1953, serial number A/1 860653, Taylor signature, in PMG holder 30, very ne, some lightening of stains but of pleasing appearance, scarce
          BNB B105a, Pick 5a £2,600-£3,000
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES MALAYA AND BRITISH BORNEO
        MALAYSIA
          507
          BOARD OF COMMISSIONERS OF CURRENCY MALAYA
          AND BRITISH BORNEO , $10, 1 March 1961, serial number A/20
          
    598366, Tun Tan Siew Sin signature, pressed yet still retaining nice paper quality, about extremely ne
          
    BNB B109a, Pick 9a
          £150-£200
          508
          BANK NEGARA MALAYSIA , a pair of initial engravers workings on transparent acetate showing the outlines of plate designs for the obverse 10 and 20 Ringgit, 1983 issue, each of these is unique and they are remarkable survivors, as most were simply treated as printers waste (2 items)
          BNB B121a, B122a, Pick 21, 22 £200-£300
          509
          BANK NEGARA MALAYSIA , specimen 100 Ringgit, ND (1998), serial number A0000000, red contoh overprints, two pinholes, otherwise about uncirculated to uncirculated, rare
          
    BNB B138as2, Pick 44s
          MALDIVES
          510
          GOVERNMENT OF THE MALDIVES , 5 Ru yaa, 1960, serial number C 740635, uncirculated
          
    BNB B104b, Pick 4b
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £60-£80
          £800-£1,200
          MALAYA AND BRITISH BORNEO • MALAYSIA • MALDIVES WORLD BANKNOTES
        511 X
          BANQUE DE LA REPUBLIQUE DU MALI , 1000 Francs, 22 September 1960, serial number A26 131952, in PMG holder 63, choice uncirculated
          
    BNB B104a, Pick 4 £100-£150
          MALTA, an unused clothing ration book dated 1946, an Army exchange ration card - Europea Theatre with a handstamped date Sep 23 1946, averaging extremely ne (2 items) £100-£150
          
    BANQUE CENTRALE DU MALI , 100 Francs, ND (1972), serial number Q.10 58564, in PMG holder 58 EPQ, choice about uncirculated
          
    
    
    BNB B201a, Pick 11 £60-£80
          513 X
          BANQUE CENTRALE DU MALI , 100 Francs, ND (1972), serial number O.13-21308, extremely ne with slight foxing
          BNB B201a, Pick 11 £60-£80
          515
          GOVERNMENT OF MALTA , £1, ND (1961-63), serial number A/2 630098, in PMG holder 65 EPQ, gem uncirculated
          
    BNB B125a, Pick 26 £150-£200
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES MALI • MALTA
        512 X
          514 X
          MALI MALTA
        MAURITIUS
          516
          GOVERNMENT OF MAURITIUS , 1 Rupee, 1 July 1919, serial number A/4 36292, Scroggs and Granum signatures, an attractive and original good very ne, scarce
          BNB B311a, Pick 19
          £300-£400
          519 X
          MONACO
          517
          GOVERNMENT OF MAURITIUS , 10 Rupees, ND (1955), serial number D848380, Wilson and Harvais signatures, a lovely original very ne example
          
    
    BNB B325b, Pick 28
          518
          MEXICO
          PRINCIPAUTE DE MONACO , 50 Centimes, 20 March 1920, serial number A 34128, in PMG holder 63 EPQ, choice uncirculated, quite scarce in this grade
          
    BNB B102a, Pick 3
          £100-£120
          MOROCCO
          £100-£150
          520
          CAMPS DE PRISONNIERS, NORTH AFRICA , 5 Francs, no serial numbers, ne and scarce
          
    
    Campbell 2322
          £200-£260
          GOBIERNO PROVISIONAL DE MEXICO , 100 Pesos (10), 28 September 1914 (revalidated 17 December 1914), extremely ne to uncirculated (10 notes)
          Pick S708b
          £80-£100
          521
          BANQUE D’ETAT DU MAROC , 100 Francs, 1 March 1944, serial number G564 004, central fold otherwise an original extremely ne
          
    BNB B211, Pick 20a £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          MAURITIUS • MEXICO • MONACO • MOROCCO WORLD BANKNOTES
        X
          522 X
          BANQUE D’ETAT DU MAROC , 50 Francs, 28 October 1947, serial number V.2756 252, in PMG holder 64, choice uncirculated, BNB B212d, Pick 21 £150-£200
          
    
    
    523
          BANQUE D’ETAT DU MAROC , 50 Francs, 28 October 1947, serial number D.2566-809, also 10 Dirhams (3), 1969, rst ne, balance good very ne (4 notes)
          BNB B212d, B402e, Pick 21, 54e £60-£100
          MOZAMBIQUE
          AN EXTREMELY RARE VASCO DA GAMA 5 MIL REIS WITH 1908 DATE
          524 X
          BANCO NACIONAL ULTRAMARINO, MOZAMBIQUE , 5 Mil Reis, 2 January 1908, serial number 137477, Alfredo Mendes da Silva signature, ship seal Type I, repaired but still presentable and in PMG holder 20 NET, very ne, this 1908 date only used in Mozambique and extremely rare in issued form, with only two notes graded by PMG, both in the same condition
          
    Pick 31a, BNU MZ26d £1,200-£1,600
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          MOZAMBIQUE
          WORLD BANKNOTES MOROCCO •
        NETHERLANDS
          528
          DE NEDERLANDSCHE BANK , 25 Gulden, 1 July 1949, serial number 2 AH 064403, also 25 Gulden, 10 April 1955, serial number AZ W088000, central fold, original good extremely ne, second note about uncirculated (2 notes)
          Pick 84, 87 £120-£140
          529
          525
          DE NEDERLANDSCHE BANK , 1000 Gulden, 19 September 1938, serial number AU 010132, pinholes, extremely ne and scarce
          Pick 48
          526
          £200-£300
          DE NEDERLANDSCHE BANK , 10 Gulden, 23 March 1953, serial number BTF 057723, also 25 Gulden, 12 October 1943, serial number 10 AH 055500, 50 Gulden, 22 February 1941, serial number BU 058139 and 100 Gulden, 31 August 1942, serial number GZ 040318, generally good very ne to almost extremely ne (4 notes)
          Pick 85, 60, 58
          530
          DE NEDERLANDSCHE BANK , 1000 Gulden, 12 October 1931, serial number AO 010446, original paper, good very ne
          
    
    
    
    
    Pick 48
          527
          £120-£160
          £100-£150
          DE NEDERLANDSCHE BANK , 100 Gulden, 2 February 1953, serial number 3 OA 044238, soft crease, otherwise about uncirculated, scarce
          Pick 88a
          NETHERLANDS ANTILLES
          £150-£200
          DE NEDERLANDSCHE BANK , 25 Gulden, 19 March 1941, serial number BF 024905, also 10 Gulden, 18 June 1940, serial number 3vAB 093606, an original extremely ne (2 notes)
          Pick 50, 53
          531
          £140-£180
          NEDERLANDSE ANTILLEN MUNTBILJET , specimen 2 1/2 Gulden, 8 September 1970, serial numbers A0123450 and A0678910, red SPECIMEN overprint, toned, minor stains, about uncirculated and scarce
          BNB B103as, Pick 21s
          £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          NETHERLANDS • NETHERLANDS ANTILLES WORLD BANKNOTES
        BANQUE DE L’INDO-CHINE, NEW CALEDONIA , 100 Francs, 11 March 1914, serial number Y.13-952, manuscript signature at left, printed signatures of d’Oisell and Simon at right, an attractive very ne and original and fresh paper, rare
          
    BNB B307a, Pick 17
          £700-£900
          BANQUE DE INDOCHINE, NEW CALEDONIA , specimen 100 Francs, ND (1957), serial number O.000 000, Minost and Flers signatures, perforated SPECIMEN, uncirculated and attractive, scarce
          
    BNB B315ds, Pick 42ds
          £500-£600
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES NEW CALEDONIA
        532 X
          533 X
          NEW CALEDONIA
        534 X
          RESERVE BANK OF NEW ZEALAND , obverse and reverse Bradbury
          Wilkinson photographs showing designs for a $100, ND (c.1950s-60s), serial number 1B 123456 and 1B 567890, with Captain Cook at centre, hydroelectric dam on reverse, in PMG holders 64 EPQ, choice uncirculated, very rare and entirely unlike anything ever issued (2 photos)
          BNB and Pick unlisted
          535 X
          £500-£700
          RESERVE BANK OF NEW ZEALAND , obverse and reverse Bradbury
          
    
    Wilkinson photographs showing designs for a £50, ND (c.1950s-60s), serial number 000000, with Queen Elizabeth II at centre, Parliament building on reverse, in nonnumeric PMG holder, very rare and entirely unlike anything ever issued
          BNB and Pick unlisted
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    £400-£500
          
    NEW ZEALAND WORLD BANKNOTES
        NEW ZEALAND
        RESERVE BANK OF NEW ZEALAND , obverse and reverse Bradbury Wilkinson photographs showing designs for a 20 Zeal, ND (c.1950s-60s), serial numbers AA 123456 and AA 567890, with Captain Cook at right and mountains on reverse, in non-numeric PMG holder, very rare and super cially similar to the £50 of 1940-67, other than the fantastic ‘Zeal’ denomination
          
    BNB and Pick unlisted
          
    537
          NIGERIA
          £400-£500
          CENTRAL BANK OF NIGERIA, a leatherette book of specimens, produced in 1979, containing four photocopies of the rst series, and genuine specimens of the following series, with two copies of each, note, one laid down to show it’s obverse, one it’s reverse, with several specimens made from issued notes, but others proper examples, as produced (32 genuine notes, 8 copies)
          £500-£700
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES NEW ZEALAND • NIGERIA
        536 X
          NORTH
          538 X
          CENTRAL BANK OF NORTH KOREA , 100 Won, 1947, serial number YEON093140, in PMG holder 65 EPQ, gem uncirculated
          
    
    
    BNB B206a, Pick 11a £80-£100
          539 X
          CENTRAL BANK, NORTH KOREA , 100 Won modern reprint, 1947, serial number RR 700309, also 10 Won, 1959 and 100 Won, 1978, in PMG holders 67 EPQ, 65 EPQ and 58 EPQ respectively (3 notes)
          BNB B206b, B304a, B311a, Pick 11b, 15, 22a£80-£100
          540
          CENTRAL BANK OF NORTH KOREA , 50 Chon, 1, 5, 10 and 50 Won, 1959, uncirculated (5 notes)
          BNB B207-B211, Pick 12-16 £100-£150
          542
          541 X
          CENTRAL BANK, NORTH KOREA, 50 Won, 1959, serial number 711919, original paper, about uncirculated
          
    BNB B305, Pick 16 £100-£150
          NORGES BANK , 50 Kroner, 1951, serial number A.3500851, very ne Pick 32a1 £60-£80
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    NORTH KOREA • NORWAY WORLD BANKNOTES
        KOREA
        NORWAY
          543
          CENTRAL BANK OF OMAN , a pair of initial engravers workings on transparent acetate showing the outlines of plate designs for the obverse and reverse of 10 Rials from the 1987 Issue, the obverse design as issued, the reverse with some di erences including two bank titles presumably to decide the placement of the bank title, each of these is unique and they are remarkable survivors, as most were simply treated as printers waste (2 items)
          
    BNB B216a, Pick 28a £200-£260
          546 X
          CENTRAL BANK OF OMAN , specimen 1/2 Rial, 1995, serial number J/1 000000, ve red Arabic SPECIMEN overprints, uncirculated, rare
          BNB B221as, Pick 33s £500-£700
          544
          CENTRAL BANK OF OMAN , specimen 100 Baisa, 1995, serial number J/1 000000, ve red Arabic SPECIMEN overprints, uncirculated, rare
          BNB B219as, Pick 31s
          £500-£700
          547 X
          CENTRAL BANK OF OMAN , specimen 1 Rial, 1995, serial number J/1 000000, ve red Arabic SPECIMEN overprints, uncirculated, rare
          BNB B222as, Pick 34s £500-£700
          548 X
          CENTRAL BANK OF OMAN , proof 20 Rials on un-watermarked paper, 1995, serial number J/1 0000000, uncirculated and rare
          
    
    
    
    
    BNB B225as2, Pick 37s £500-£700
          545
          CENTRAL BANK OF OMAN , specimen 200 Baisa, 1995, serial number J/1 000000, ve red Arabic SPECIMEN overprints, uncirculated, rare
          BNB B220as, Pick 32s
          £500-£700
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES OMAN
        X
          X
          OMAN
        PAKISTAN
          549
          RESERVE BANK OF INDIA, GOVERNMENT OF PAKISTAN , 5 Rupees, ND (1948), serial number A/65 348509, Deshmukh signature, good ne to about very ne, scarce
          
    
    BNB B103a, Pick 2
          £150-£200
          550
          RESERVE BANK OF INDIA, GOVERNMENT OF PAKISTAN , 10 Rupees (2), ND (1948), serial numbers J/39 177712 and J/40 495707, Deshmukh signatures, original paper, ne (2 notes)
          BNB B104a, Pick 3
          PALESTINE
          551 X
          PALESTINE CURRENCY BOARD , 500 Mils, 20 April 1939, serial number F753440, in PMG holder 30, very ne
          
    
    
    BNB B101c, Pick 6c
          £600-£800
          £200-£260
          PALESTINE CURRENCY BOARD , 500 Mils, 20 April 1939, serial number G315462, in PMG holder 25, very ne, very minor rust and gra ti
          BNB B101c, Pick 6c
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £260-£360
          PAKISTAN • PALESTINE WORLD BANKNOTES
        552 X
          
    
    
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES PALESTINE
        553
          PALESTINE CURRENCY BOARD , £1, 30 September 1929, serial number B 848609, Caulcutt, Ezechiel and Vernon signatures, pinholes,in PMG holder 30, very ne, scarce
          BNB B102b, Pick 7b £800-£1,000
          554 X
          PALESTINE CURRENCY BOARD , £5, 20 April 1939, serial number C421953, Caulcutt, Ezekiel and Downie signatures, minor stains, in PMG holder 30, very ne, scarce
          BNB B103c, Pick 8c £2,000-£2,400
          555
          EL BANCO NACIONAL DEL PERU , 40 Centavos, 1 January 1873, serial number 170158, also a Republica del Peru, 20 soles, 30 June 1879, also Banco Central de Reserva del Peru, 5000 Intis, 1988, rst an original good extremely ne and rare, second an original good very ne, last uncirculated (3 notes)
          
    
    Pick S305, Pick 6
          556
          £500-£700
          PHILIPPINES PORTUGAL
          REPUBLIKA NG PILIPINAS , 20, 50, 100, 500 and 1000 Pisos, 2012, all serial number 1000000, uncirculated (5 notes)
          BNB B1077-B1083, Pick 206-211
          £100-£150
          558
          BANCO DE PORTUGAL , 500 Reis, 25 May 1900, serial number Q.K 16115, a fresh and original good very ne
          Pick 72
          557 X
          PHILIPPINES ISLANDS TREASURY , 1 Peso, ND (1944), serial number F 41752011, Victory series, in PMG holder 64, choice uncirculated
          
    
    BNB B554a, Pick 94
          £100-£150
          559
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £150-£200
          BANCO DE PORTUGAL , 10000 Reis, 30 September 1910, serial number HD02719, restoration, mainly to upper and lower central folds, overall good ne and scarce
          
    Pick 108a
          £180-£240
          PERU • PHILIPPINES • PORTUGAL WORLD BANKNOTES
        PERU
        560 X
          BANCO DE PORTUGAL , obverse die proof printers model 1000 Escudos, ND (25 November 1927), no serial numbers. brown-purple and white, Oliveira Martins at right, tears, in PMG holder 62 uncirculated, rare and handsome
          
    Pick 142pm1 £1,000-£1,200
          561
          BANCO DE PORTUGAL , 10 Mil Escudos, 12 February 1998, serial number 7G 0669457, uncirculated
          
    Pick 191a
          PORTUGUESE GUINEA
          £50-£60
          563
          BANCO NACIONAL ULTRAMARINO, PORTUGUESE
          GUINEA , specimen 20 Escudos, 14 September 1937, no serial number, Julio Schmidt signature, large CANCELLED perforation and two cancellation holes, ink numeral in top right corner, uncirculated
          Pick 22s, BNU PG32sp
          562 X
          BANCO NACIONAL ULTRAMARINO, PORTUGUESE
          GUINEA , 5 Escudos, 1 January 1921, serial number 226,687, original very good, extremely scarce in any condition
          
    
    Pick 14, BNU PG26d
          £180-£240
          £200-£260
          to extra charges
        be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES PORTUGAL • PORTUGUESE GUINEA
        All lots are subject
        which may
        PORTUGUESE INDIA
          ATTRACTIVE EXAMPLES OF THE 10 AND 20 RUPIAS OF 1938
          564
          BANCO NACIONAL ULTRAMARINO, PORTUGUESE INDIA , 10 Rupias, 11 January 1938, serial number 218060, Jose Gabriel Pinto Coelho signature, lovely original paper, toned but an attractive very ne, very scarce
          
    
    
    BNB B320d, Pick 32 £1,000-£1,500
          565 X BANCO NACIONAL ULTRAMARINO, PORTUGUESE INDIA , 20 Rupias, 11 January 1938, serial number 110838, Artur Meneses Correia de Sá – Visconde de Merceana signature, a few pinholes, small repair in low right margin, overall good ne and scarce in any grade
          
    BNB B321a, Pick 33 £1,000-£1,500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          PORTUGUESE INDIA WORLD BANKNOTES
        BANCO NACIONAL ULTRAMARINO, PORTUGUESE INDIA , 10 Rupias, 29 November 1945, serial number 313,710, Francisco Jose Vieira Machado signature, in PMG holder 35, choice very ne, a clean and attractive example
          
    BNB B325a, Pick 36
          £240-£300
          BANCO NACIONAL ULTRAMARINO, PORTUGUESE INDIA , cancelled 50 Rupias (50), 29 November 1945, a wide range of serial numbers, four of the six possible signatures present, all with two large cancellation holes, many very nice examples in about uncirculated grade, but a variety from very ne and up, an excellent lot (50)
          BNB B326, Pick 38
          
    £700-£900
          BANCO NACIONAL ULTRAMARINO, PORTUGUESE INDIA , 300
          
    
    Escudos, 2 January 1959, serial number 201694, Antonio Julio de Castro Fernandes signature, central crease, otherwise an original extremely ne, scarce
          BNB B333d, Pick 4KJ4
          £360-£420
          lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES PORTUGUESE INDIA
        All
        566 X
          567 X
          568 X
          569
          BANCO NACIONAL ULTRAMARINO, PORTUGUESE INDIA , specimen 300 Escudos, 2 January 1959, serial number 000000, black De La Rue seals, SPECIMEN overprint, in PCGS holder number 67 OPQ, superb gem uncirculated
          
    
    BNB B333ds, Pick 44s £300-£400
          A SCARCE 600 ESCUDOS IN LOVELY CONDITION
          570 X
          BANCO NACIONAL ULTRAMARINO, PORTUGUESE INDIA , 600 Escudos, 2 January 1959, serial number 126578, Gastao Bessone Basto signature, in PMG holder 64, choice uncirculated, rare in this grade
          
    BNB B334e, Pick 45, Razack 12.39.1-6 £1,500-£1,800
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. PORTUGUESE INDIA WORLD BANKNOTES
        571
          BANCO NACIONAL ULTRAMARINO, PORTUGUESE INDIA , specimen 600 Escudos, 2 January 1959, serial number 000000, black De La Rue seals, SPECIMEN overprint, in PCGS holder number 67 OPQ, superb gem uncirculated
          
    
    BNB B334s, Pick 45s
          £400-£500
          573
          CAISSE CENTRALE DE LA FRANCE D’OUTRE MER, REUNION , 20 Nouveaux Francs on 1000 Francs, ND (1971), serial number C.3-99480, in PMG holder 66 EPQ, gem uncirculated
          
    
    
    
    BNB B507b, Pick 55b, £400-£500
          RÉ UNION
          574
          572 X
          CAISSE CENTRALE DE LA FRANCE D’OUTRE MER, REUNIION , 10 Nouveaux Francs on 500 Francs, ND (1971), serial number W.1 82917, Postel-Vinay and Clappier signatures, in PMG holder 66 EPQ, gem uncirculated, scarce and attractive
          
    
    BNB B506b, Pick 54b
          £280-£340
          CAISSE CENTRALE DE LA FRANCE D’OUTRE MER, REUNION , 10 Nouveaux Francs on 500 Francs, ND (1971), serial number W.1-82969, Postel-Vinay and Clappier signatures, in PMG holder 64 EPQ, choice uncirculated, attractive and scarce
          BNB B506b, Pick 54b
          £160-£220
          575 X
          RHODESIA
          MARSHALL HOLE, RHODESIAN POSTAGE STAMP CURRENCY , 2 Shillings, 1 August 1900, signed by Marshall Hole, top corner tip missing, partially split along other edge but not going through entire card, overall extremely ne
          Ineson 245 £80-£100
          extra
        viewed in Terms
        Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES PORTUGUESE INDIA • RÉUNION • RHODESIA
        All lots are subject to
        charges which may be
        and
        576 X
          RESERVE BANK OF RHODESIA , 10 Shillings, 11 November 1964, serial number H/6 681902, Bruce signature, about uncirculated and quite scarce in this grade
          
    BNB B101b, Pick 24a
          £240-£300
          577
          RESERVE BANK OF RHODESIA , £1, 7 September 1964, serial number G/3 840786, Bruce signature, about uncirculated
          
    
    
    
    BNB B102a, Pick 25a
          £240-£300
          579 X
          RESERVE BANK OF RHODESIA , 10 Shillings, 10 September 1968, serial number L/15 055717, Bruce signature, about uncirculated
          
    
    BNB B104a, Pick 27a
          £240-£300
          578 X
          RESERVE BANK OF RHODESIA , £5, 12 November 1964, serial number F/2 255913, Bruce signature, in PMG holder 65 EPQ, gem uncirculated
          BNB B103a, Pick 26a
          £500-£700
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          580 X
          RESERVE BANK OF RHODESIA , 10 Shillings, 1 June 1966, serial number L/13 585918, Bruce signature, uncirculated and scarce in this grade
          BNB B104a, Pick 27a
          £300-£400
          581
          RESERVE BANK OF RHODESIA , £1, 15 June 1966, serial number K/17 000191, Bruce signature, uncirculated, scarce in this grade and a low serial number for series
          BNB B105a, Pick 28a
          £300-£400
          RHODESIA WORLD BANKNOTES
        X
          X
          582 X
          RESERVE BANK OF RHODESIA , £5, 1 July 1966, serial number J/3 342319, in PMG holder 35 EPQ, choice very ne
          BNB B106a, Pick 29a £200-£260
          583 X
          RESERVE BANK OF RHODESIA , replacement $1, 18 April 1978, serial number W/1 032251, in PMG holder 66 EPQ, gem uncirculated
          
    BNB B107n*, Pick 34* £40-£60
          RHODESIA
          584
          BANK OF RHODESIA AND NYASALAND , 10 Shillings, 27 January 1961, serial number W/32 046181, Richards signature, extremely ne, scarce
          BNB B101b32, Pick 20b
          £160-£200
          586 X
          BANK OF RHODESIA AND NYASALAND , £1, 4 January 1961, serial number X/63 882779, Richards signature, ne
          
    
    
    
    BNB B102b63, Pick 21b £100-£150
          587
          BANCA NATIONALA A REPUBLICII SOCIALISTE
          ROMANIA , 1 (5), 5, 10 (3), 25 (4), 50 (3) and 100 (4) Lei, 1966, uncirculated (20 notes)
          BNB B251a, B253a-B257a, Pick 91a, 93a-97a£100-£150
          RUSSIA
          588 X
          IMPERIAL RUSSIAN GOVERNMENT , part issued Treasury bill for £500,000, 31 October 1916, serial number 056, payable at Messrs Barings & Co. London, manuscript signature low right for the Ambassador Extraordinary and Plenipotentiary, good very ne to extremely ne £150-£200
          
    589
          RUSSIA, STATE CREDIT NOTES , 5 (12), 10 (8) and 25 (7) Rubles, 1909, 100 Rubles (2) 1910 and 500 Rubles (3), 1912, mostly uncirculated, a couple a little worse (32 notes)
          585
          BANK OF RHODESIA AND NYASALAND , £1, 7 December 1960, serial number X/53 678351, Richards signature, about extremely ne, scarce
          BNB B102b53, Pick 21b
          £150-£200
          Terms
        3, 4
        10
        the back
        this catalogue. WORLD BANKNOTES RHODESIA • RHODESIA AND NYASALAND • ROMANIA • RUSSIA
        All lots are subject to extra charges which may be viewed in
        and Conditions
        and
        at
        of
        Pick 10b, 11c, 12b, 13b, 14b £100-£150 AND NYASALAND
        ROMANIA
        590 X
          STATE CREDIT NOTE, RUSSIA , a proof uniface reverse for 10 Rubles, ND (1894), good extremely ne and rare in this format
          
    
    
    
    
    Pick A58
          594
          RUSSIA STATE BANK NOTE , a group of specimens for the 1947 (1957) issue, comprising 1, 3, 5, 10, 25, 50 and 100 Rubles, all with issued but generally quite low serial numbers, red SPECIMEN overprints in Cyrillic, the 100 has mounting remnants on reverse, otherwise all notes uncirculated, very scarce (7 notes)
          £200-£300
          591
          RUSSIA, STATE CURRENCY NOTES , 3 (2) and 5 (2) Rubles, 1925, serial numbers 721825, 605545, 961857 and 388723, one of each denomination very ne, others ne (4 notes)
          Pick 189, 190
          592
          Pick 217s, 219s, 226s, 228s, 230s, 232s £800-£1,000
          595
          £120-£160
          RUSSIA STATE BANK NOTE , 1, 3, 10 and 50 Rubles, 1947 (1957), serial numbers 0M 870054, XM 843499, ba 728295 and NK 405108, ne (4 notes)
          Pick 216, 218, 226, 227
          £80-£100
          593
          RUSSIA STATE BANK NOTE , 1, 3, 5, 10, 25, 50 and 100 Rubles, 1947 (1957), the 1, 3, 5 and 25 uncirculated, 50 good extremely ne, others very ne (7 notes)
          Pick 216, 218, 220, 225, 227, 229, 231
          £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          RUSSIA STATE BANK NOTE , a group of specimens for the 1947 (1957) issue, comprising 1, 3, 10 and 25 Rubles, all with issued but generally quite low serial numbers, red SPECIMEN overprints in Cyrillic, the 25 Rubles good extremely ne, others uncirculated, very scarce (4 notes)
          Pick 217s, 219s, 226s, 228s £400-£500
          596
          RUSSIA STATE BANK NOTE , a pair of specimens for the 1947 (1957) issue, comprising 3 and 25 Rubles, serial numbers 006366 and 007870, red SPECIMEN overprints in Cyrillic, uncirculated, very scarce (2 notes)
          Pick 219s, 228s £200-£260
          
    RUSSIA WORLD BANKNOTES
        597 X
          BANQUE NATIONALE DU RWANDA , 500 Francs, 19 April 1974, serial number Z 00070, in PMG holder 66 EPQ, gem uncirculated, a very low serial number
          
    
    
    BNB B111a, Pick 11a
          £100-£120
          600 X
          CAISSE CENTRALE DE LA FRANCE D’OUTRE-MER, SAINT PIERRE & MIQUILON , 2 Nouveaux Francs on 100 Francs, ND (1963), serial number E.81 17775, Postel-Vinay signature, in PMG holder 66 EPQ, gem uncirculated, attractive
          
    
    BNB B518a, Pick 32 £240-£300
          598
          GOVERNMENT OF ST. HELENA , a small group comprising 50 Pence (2), ND (1979), serial numbers V/1 001313/001314; £1, serial number A/1 046667; £5, serial number H/1 044234; and £10, serial number P/1 001038, uncirculated (5 notes)
          
    BNB B301a-B304a, Pick 5a-8a
          £200-£300
          601
          BARCLAYS BANK (DOMINION, COLONIAL AND OVERSEAS), SAINT KITTS BRANCH, printers archival specimen $5, 1 March 1940, K in eld at right, serial number range X 202001 to X 217000, Chandler and Perkins signatures, perforated CANCELLED, ink date ‘29.7.40’ in top margin, almost uncirculated and rare
          BNB B302ds, Pick S106s £500-£700
          599
          BARCLAYS BANK (DOMINION, COLONIAL AND OVERSEAES), SAINT LUCIA BRANCH , printers archival specimen $5, 1 March 1937, L in eld at right, serial number range D/ CY 1030001 to C/DZ 1041000, Martin signature, two cancellation holes, ink date ‘18-2-37’ in top margin, uncirculated and scarce
          
    BNB B033as, Pick S111as
          £400-£600
          Terms
        3, 4
        this catalogue. WORLD BANKNOTES RWANDA • ST HELENA • ST LUCIA• ST PIERRE & MIQUELON • ST KITTS
        All lots are subject to extra charges which may be viewed in
        and Conditions
        and 10 at the back of
        X
          RWANDA
          ST HELENA
          ST LUCIA
          ST PIERRE & MIQUELON
        ST KITTS
          602 X
          BANCO NACIONAL ULTRAMARINO, ST THOMAS & PRINCE , specimen 20 Escudos, 26 June 1935, serial number A000,000, large CANCELLED perforation and two cancellation holes, red ‘1’ numeral in top right corner, tape stains in left margin, overall good extremely ne and rare
          
    
    Pick 28s, BNU ST38s
          £360-£420
          604
          GOVERNMENT OF SARAWAK , 10 Cents, 1 August 1940, serial number B397670, Trechman signature, one horizontal and one vertical fold, glue stain, original paper quality, a nice example
          BNB B211, Pick 25
          £200-£300
          603
          BARCLAYS BANK (DOMINION, COLONIAL AND OVERSEAS), SAINT VINCENT BRANCH , printers archival specimen $5, 1 March 1937, V in eld at right, serial number range D/ DB 1060001 to D/DB 1068000, Martin signature, two cancellation holes, ink annotation ‘18.2.37’ in top margin, uncirculated and rare
          BNB B203as, Pick S106as
          £400-£600
          605
          GOVERNMENT OF SARAWAK , 10 Cents, 1 August 1940, serial number B510298, Trechman signature, original paper quality, good very ne to about extremely ne
          
    
    BNB B211, Pick 25
          £200-£300
          606
          GOVERNMENT OF SARAWAK , $1, 1 July 1929, serial number A/1 204,343, Gillan signature, some wear along central fold and top and lower margin, a presentable about ne
          
    BNB B212a, Pick 14a
          £700-£900
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          ST THOMAS & PRINCE • ST VINCENT • SARAWAK WORLD BANKNOTES
        ST VINCENT
        ST THOMAS & PRINCE SARAWAK
        607
          GOVERNMENT OF SARAWAK , $1, 1 January 1935, serial number A/4 025,932, Parnell signature, very ne
          
    
    BNB B213a, Pick 20a £200-£280
          608
          GOVERNMENT
          BNB
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES SARAWAK
        OF SARAWAK , $5, 1 July 1929, serial number B/1 024,317, Rennie signature, foxing but an original very ne, a presentable and scarce item
          B214a, Pick 15 £400-£500
          609
          GOVERNMENT OF SARAWAK , $10, 1 July 1929, serial number C/1 056,646, Rennie signature, rust with some associated corrosion in lower left margin otherwise a clean and fresh about very ne, scarce in any grade
          BNB B215a, Pick 16a £1,000-£1,500
          610
          GOVERNMENT OF SARAWAK , $10, 1 January 1940, serial number C/3 036,611, Trechman signature, wear and tears along vertical central fold, very good to about ne
          
    
    BNB B215c, Pick 24 £600-£800
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          SARAWAK WORLD BANKNOTES
        A SPECTACULAR SARAWAK SPECIMEN FOR THE $25 OF 1929
          
    
    
    
    
    
    
    
    WORLD BANKNOTES SARAWAK
        611 X
          GOVERNMENT OF SARAWAK , specimen $25, 1 July 1929, no serial numbers, Rennie signature, one cancellation hole, red Bradbury Wilkinson seal at low left, tape repair and minor rust, in PMG holder 45, choice extremely ne, very rare
          BNB B216as2, Pick 17s, KNB23s £16,000-£20,000
          612
          SARAWAK, a group of dry rubber coupons for 5, 10 and 25 Katis and 1 Picul, 30 September 1941, 5, 10 and 25 Katis and 1 Picul, 31 December 1941, 10 and 25 Katis, 1 (2) and, 5 Piculs, 31st March 1942, some with foxing, ranging from very ne to uncirculated, many uncirculated examples (13 notes)
          Pick unlisted
          613 †
          £80-£120
          SEYCHELLES
          615
          GOVERNMENT OF SEYCHELLES , 1 Rupee, ND (1936), serial number B/1 65278, Grimble signature, very good to about ne, scarce
          
    BNB B108f, Pick 2f £80-£100
          SAUDI ARABIAN MONETARY AGENCY , watermarked paper as used on the 1, 5 and 10 Riyals of 1954-56, annotated ‘5 Riyals Saudi Arabia’, and including the coloured paper threads and security strip from that note, although the same watermark design was used for all three denominations, glued into a blue card frame, as produced, this single piece is the only Saudi Arabian paper in the Portals Archive
          
    BNB B102-104, Pick 2-4
          £300-£400
          616 X
          GOVERNMENT OF SEYCHELLES , 50 Cents, 7 July 1943, serial number A/1 094820, in PMG holder 40, extremely ne and scarce
          
    
    
    BNB B113a, Pick 6a £460-£550
          614
          SAUDI ARABIAN MONETARY AGENCY , 1 Riyal, 1968, serial number 111/124667, 5 Riyals, 1977, serial number 66/728811 and 100 Riyals, 2003, serial number 436/099521, all in PMG holder 67 EPQ, superb gem uncirculated (3 notes)
          
    BNB B110a, B116b, B128a, Pick 11a, 17b, 29£120-£160
          617
          GOVERNMENT OF SEYCHELLES , 50 Cents, 7 July 1943, serial number A/1 121097, fresh and original paper, central fold and handling, good very ne to about extremely ne, a lovely example
          BNB B113a, Pick 6a £400-£500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    SARAWAK • SAUDI ARABIA • SEYCHELLES WORLD BANKNOTES
        X
          X
          SAUDI ARABIA
          618 X
          GOVERNMENT OF SEYCHELLES , 5 Rupees, 1 August 1954, serial number A/6 47417, Addis signature, in PMG holder 66 EPQ, gem uncirculated
          
    BNB B118a, Pick 11a £800-£1,000
          621
          REPUBLIC OF SEYCHELLES , 10 Rupees (7), ND (1976), pre x A/1, two consecutive groups, Chetty signature, also 20 Rupees (2), both pre x A/1, Chetty signature, and MONETARY AUTHORITY, 100 Rupees, ND (1979), serial number A 045410, Morel signature, uncirculated, (10 notes)
          
    BNB B201a, B202a, B304a, Pick 19a, 20a, 26a£140-£180
          SINGAPORE
          619
          GOVERNMENT OF SEYCHELLES , 10 Rupees, 1 January 1974, serial number A/1 449441, Allan signature, lovely original paper, about extremely ne and scarce
          
    BNB B122b, Pick 15b £100-£150
          620 X
          GOVERNMENT OF SEYCHELLES , 50 Rupees, 1 August 1973, serial number A/1 180976, Greatbatch signature, in PMG holder 25, very ne
          
    
    BNB B124e, Pick 17e £160-£220
          622 X
          BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE , $5, ND (1973), serial number A/43 577336, Hon Sui Sen signature, in PMG holder 66 EPQ, gem uncirculated, high grade for type
          
    
    
    
    BNB B102d, Pick 2d £200-£260
          623
          BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE , $100, ND (1967), serial number A/1 174367, L.K.San signature, in PMG holder 65 EPQ, gem uncirculated, a lovely example of the rst pre x and signature
          
    BNB B106a, Pick 6a £600-£800
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES SEYCHELLES • SINGAPORE
        SOLOMON ISLANDS
          624
          SOLOMON ISLANDS MONETARY AUTHORITY , a group comprising $2, $5, $10 and $20, ND (1977), all pre x A/1, the $5 serial number A/1 000301, uncirculated (4 notes)
          
    BNB B101a-B104a, Pick 5a-8a £120-£160
          625
          CENTRAL BANK OF SOLOMON ISLANDS , a pair of initial engravers workings on transparent acetate showing the outlines of plate designs for the obverse of $20 and $50 from the 1986 Issue, each of these is unique and they are remarkable survivors, as most were simply treated as printers waste (2 items)
          
    BNB B206a, B207a, Pick 16, 17 £80-£120
          SOUTH AFRICA
          AN UNUSUAL ‘UNCUT’ KRUGER £1 OF 1899
          
    626 X
          DE NATIONALE BANK DER ZUID AFRIKAANISCHE REPUBLIEK BEPERKT , 1 Pond, manuscript date 1 March 1899, serial number A 21929, three manuscript signatures below, manuscript annotation on reverse ‘Souvenir de la guerre Pretoria 1900’, paper slightly toned, a pleasing blue and white note, unusually the note has not been cut and rejoined, slight splitting at top and low centre, toned, a very pleasing very ne and very rare in such an excellent and complete state of preservation
          Pick 48a
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £1,500-£2,000
          SOLOMON
        • SOUTH
        WORLD BANKNOTES
        ISLANDS
        AFRICA
        627 X
          ORIENTAL BANK CORPORATION , £5, Port Elizabeth, 1 July 1874, serial number A14129, two manuscript signatures, split and rejoined with tape, original and quite presentable, very good and exceptionally rare, this being only the second con rmed example known, and the only in private hands, a remarkable nd
          
    
    
    Pick S113, Hern 327
          £5,000-£7,000
          The Oriental Bank was established its South African presence in 1873, in Port Elizabeth, absorbing the Port Elizabeth Bank, Queenstown Bank, South African Central Bank, Eastern Province Bank and the Fauresmith Bank. It lasted only 6 years under this trading name before carrying on as the Bank of Africa in 1879.
          A VERY RARE RED PRINTING OF THE SIMON’S TOWN 1 SHILLING
          628 X
          BELLVUE POW CAMP, SIMON’S TOWN , good for 1 Shilling, ND (1901), red printing, cancelled with ink across face, with blue handstamp ‘Prisoners of War Censor’, suggesting this note may have been posted out of the camp, small stain at centre, overall about very ne, extremely rare
          
    Pick unlisted, Hern 36
          £1,000-£1,500
          Hern states that this note is printed in both black and red/orange varieties, with both being extremely rare
          
    
    in Terms
        3, 4 and 10
        the back
        this catalogue. WORLD BANKNOTES SOUTH AFRICA
        All lots are subject to extra charges which may be viewed
        and Conditions
        at
        of
        THE ONLY KNOWN SOUTH AFRICAN BRANCH ORIENTAL BANK NOTE IN PRIVATE HANDS
        629
          
    
    SOUTH AFRICAN RESERVE BANK , £100, 8 September 1933, serial number D/3 008592, Postmus signature, one pair of staple holes, otherwise with paper of exceptional quality and strength, and superb clarity of engraving, good very ne but with the appearance and feel of a much higher grade, very rare in any condition, and one of the nest known examples
          
    
    
    
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    SOUTH AFRICA WORLD BANKNOTES
        AN EXCEPTIONAL QUALITY £100 OF 1933
        BNB B717b, Pick 89b £12,000-£15,000
          630
          SOUTH AFRICAN RESERVE BANK , 10 Shillings, 18 October 1956, serial number A/128 474506, de Kock signature, also £10, 10 August 1955, de Kock signature, also 1, 2, 10 (2) and 20 Rand, all rst line of text in Afrikaans, also 10 Rand, de Jong signature, generally extremely ne or better (8 notes)
          
    BNB B719d, B726, Pick 91d, 98, 103b, 105b, 107a,b, 108b £200-£260
          633 X
          BANK OF KOREA, SOUTH KOREA , 10 Hwan, 1958, series 194, in PMG holder 66 EPQ, gem uncirculated
          
    
    
    BNB B214f, Pick 17f £100-£150
          634
          631 X
          SOUTH AFRICAN RESERVE BANK , 10 Rand, ND (1961), serial number C/6 082896, de Kock signature, in PMG holder 66 EPQ, gem uncirculated, only three examples graded higher by PMG
          
    BNB B735a, Pick 107a
          £120-£160
          BANK OF KOREA, SOUTH KOREA , a pair of initial engravers workings on transparent acetate showing the outlines of plate designs for the obverse 5,000 won and the reverse 1,000 Won, 1977-9 Issue, each of these is unique and they are remarkable survivors, as most were simply treated as printers waste (3 items)
          BNB B239, B240, Pick 44, 45 £100-£150
          635
          NATIONAL BANK OF VIETNAM , a group of the ND (1955 issue) comprising 1 Dong (6), serial numbers 863116-21, 2 Dong (10), serial numbers 043927-36 and 5 Dong (8), serial numbers 49142-49, uncirculated (24 notes)
          
    BNB B101a-B103a, Pick 11-13 £100-£150
          636
          NATIONAL BANK OF VIETNAM , 1 Dong (85), ND (1964), mostly consecutive serial numbers, generally uncirculated (85 notes)
          
    BNB B119a, Pick 15 £100-£150
          632
          BANK OF KOREA, SOUTH KOREA , 1 Won, ND (1953), Block 47, thicker paper variety, no watermark, in PMG holder number 64 EPQ, choice uncirculated
          
    BNB B208b, Pick 11b
          £80-£120
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES SOUTH AFRICA • SOUTH KOREA • SOUTH VIETNAM
        SOUTH KOREA
          SOUTH VIETNAM
          637 X
          NATIONAL BANK OF VIETNAM , obverse (2) and reverse (3) Bradbury Wilkinson designs for 100 Dong, ND (c.1958-66), two with Bradbury Wilkinson stamps on reverse, in PMG holders 63, 55, 65 EPQ and non-numeric, a wonderful series of previously unseen designs for this popular series (5 photographs across 4 sheets)
          
    BNB and Pick unlisted
          SOUTHERN RHODESIA
          640 †
          SOUTHERN RHODESIA CURRENCY BOARD , watermarked paper as used on the 10 Shillings, £1 and £5 of 1939-51, showing Cecil Rhodes, annotated ‘Southern Rhodesia Currency Board, £1-80 G.S.M.’, glued into blue card frame, as produced, very rare, this being one of only three examples in the Portals archive
          BNB B104, Pick 10 £100-£150
          £300-£400
          641 †
          SOUTHERN RHODESIA CURRENCY BOARD , watermarked paper as used on the 10 Shillings, £1 and £5 of 1939-51, showing Cecil Rhodes, annotated ‘Southern Rhodesia Currency Board, £1-80 G.S.M.’, glued into blue card frame, as produced, very rare, this being one of only three examples in the Portals archive
          
    BNB B104, Pick 10 £100-£150
          642 †
          SOUTHERN RHODESIA CURRENCY BOARD , watermarked paper as used on the 10 Shillings, £1 and £5 of 1939-51, showing Cecil Rhodes, annotated ‘£1 Southern Rhodesia-80 Grs.Sq.M.’, glued into blue card frame, as produced, very rare, this being one of only three examples in the Portals archive
          638
          SOUTHERN RHODESIA CURRENCY BOARD , 5 Shillings, 1 January 1943, serial number D/1 034032, original about very ne
          
    BNB B101a, Pick 8a
          £100-£150
          BNB B104, Pick 10
          
    £100-£150
          639
          SOUTHERN RHODESIA CURRENCY BOARD , £1, 1 October 1945, serial number B/45 081729, Sanders and Beadle signatures, original paper, tear in lower margin, one rust spot, very ne and scarce
          
    BNB B104e3, Pick 10
          £150-£200
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          SOUTH VIETNAM • SOUTHERN RHODESIA WORLD BANKNOTES
        643 X
          SOUTHERN RHODESIA CURRENCY BOARD , £5, 1 September 1951, serial number C/18 077782, Thornton and Munro signatures, minor restoration, in PMG holder 35 choice very ne, only one example in higher grade listed on the PMG population report, rare in this grade and a most presentable example
          
    
    BNB B106j2, Pick 11f
          644 X
          TESORO REAL DE ESPANA, SPAIN , 50 Peso Fuerte, 8 April 1837, serial number 3846, 100 Peso Fuerte, 8 April 1837, serial number 2526, 200 Peso Fuerte, 8 April 1837, serial number 4500, all with manuscript signatures, extremely ne to uncirculated, the 200 with tears in top margin, rare and interesting set (3 notes)
          Pick Unlisted
          £600-£700
          645 X BANCO DE CADIZ , 500 Reales Vallon, 15 February 1856, serial number 7218, thinning hole at centre, almost ne
          
    
    Pick S293
          £150-£180
          viewed in Terms
        3, 4 and 10
        the back
        this catalogue. WORLD BANKNOTES SOUTHERN RHODESIA • SPAIN
        All lots are subject to extra charges which may be
        and Conditions
        at
        of
        A RARE AND ATTRACTIVE £5 OF 1951
        £2,000-£2,200
          SPAIN
          646
          BANCO DE ESPANA , 100 Pesetas (15), 19 July 1925, all with central folds, lightly pressed, good extremely ne (15 notes)
          
    BNB 512, Pick 69
          £100-£150
          650
          BANCO DE ESPANA , specimen 5 Pesetas, 10 August 1938, serial number F3677679, cancellation perforation, good extremely ne to about uncirculated
          BNB B576as, Pick 110s
          £100-£150
          BANCO DE ESPANA , 500 Pesetas, 25 April 1931, serial number 1410469, in PMG holder 67 EPQ, superb gem uncirculated
          
    
    BNB 526, Pick 84
          £100-£150
          BANCO DE ESPANA , 25 Pesetas, 20 May 1938, serial number F 4440336, good extremely ne
          BNB B577a, Pick 111a
          652
          £80-£120
          BANCO DE ESPANA , specimen 25 Pesetas, 20 May 1938, serial number A394131, cancellation perforation, very ne
          
    BNB B577as, Pick 111s
          £60-£80
          648
          BANCO DE ESPANA , specimen 2 Pesetas, 30 April 1938, serial number B7564955, cancellation perforation, good extremely ne to about uncirculated
          BNB B570bs, Pick 109s
          649
          £80-£100
          BANCO DE ESPANA , specimen 5 Pesetas, 18 July 1937, serial number C4,008,828, cancellation perforation, slightly worn edges but no major folds, technically about uncirculated
          BNB B571as, Pick 106s
          £80-£100
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          BANCO DE ESPANA , 100 Pesetas, 20 May 1938, serial number A8383586, in PMG holder 64 EPQ, choice uncirculated
          
    
    
    BNB B579a, Pick 113
          £80-£120
          SPAIN WORLD BANKNOTES
        647 X
          651 X
          653 X
          654
          BANCO DE ESPANA , specimen 100 Pesetas, 20 May 1938, serial number A3910301, cancellation perforation, a fresh and attractive about uncirculated
          BNB B579as, Pick 113s
          £120-£160
          657
          BANCO DE ESPANA , specimen 1 Peseta, 1 June 1940, serial number E0324357, cancellation perforation, uncirculated
          BNB B587as, Pick 121s £100-£150
          655
          BANCO DE ESPANA , specimen 1000 Pesetas, 20 May 1938, serial number A3916545, cancellation perforation, staple holes in top margin, otherwise about uncirculated and scarce
          BNB B581as, Pick 115s
          £150-£200
          656
          BANCO DE ESPANA , specimen 100 Pesetas, 9 January 1940, serial number H9.136.402, cancellation perforation, uncirculated
          
    BNB B584as, Pick 118s
          £100-£150
          658
          BANCO DE ESPANA , specimen 2 Peseta, 4 September 1940, serial number H4401224, cancellation perforation, uncirculated
          
    BNB B588as, Pick 122s £80-£100
          659
          BANCO DE ESPANA , specimen 25 Pesetas, 19 February 1946, serial number C07337019, cancellation perforation, uncirculated, very scarce
          
    
    
    BNB B596as, Pick 130s £400-£500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          WORLD BANKNOTES SPAIN
        660
          BANCO DE ESPANA , specimen 100 Pesetas, 19 February 1946, serial number 00000140, cancellation perforation, uncirculated, very scarce and a post-production specimen made from a low numbered note
          
    
    
    BNB B597as, Pick 130s
          661
          BANCO DE ESPANA , specimen 500 Pesetas, 19 February 1946, serial number 1035512, cancellation perforation, uncirculated, very scarce
          BNB B598as, Pick 132s
          £400-£500
          662
          £500-£700
          663
          BANCO DE ESPANA , specimen 1000 Pesetas, 19 February 1946, serial number 2925892, cancellation perforation, uncirculated, very scarce
          BNB B599as, Pick 133s
          £400-£500
          BANCO DE ESPANA , specimen 100 Pesetas, 19 February 1946, serial number 000088, cancellation perforation, uncirculated, very scarce, and a post-production specimen made from a very good low number
          
    BNB B603as, Pick 137s
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          £400-£500
          SPAIN WORLD BANKNOTES
        STRAITS SETTLEMENTS
          
    AN EXTREMELY RARE AND HANDSOME HSBC $5 OF 1894
          
    664 X
          STRAITS SETTLEMENTS, THE HONG KONG AND SHANGHAI BANKING CORPORATION , $5, Singapore, 1 January 1894, serial number 121944, two manuscript signatures at low left and right, annotations and repair, in PMG holder 12, ne, with completely original paper, and although a small central hole has been professionally lled, this is an overall pleasing note and additionally an excessively rare note, all private bank issues are elusive, this example in excellent grade for type
          
    
    
    
    BNB unlisted, Pick S169, Tan PHS14, KNB7 £20,000-£26,000
          This is the Boon plate note.
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES STRAITS SETTLEMENTS
        A HIGHLY UNUSUAL ASIATIC BANKING CORPORATION
          
    665 X
          STRAITS SETTLEMENTS, ASIATIC BANK CORPORATION , unissued/remainder $25, Singapore, ND (ca 1880), serial number 001706, orange and black with arms at top centre, minor stains, in PMG holder 20, very ne, a pleasing example and extremely rare
          
    
    BNB unlisted, Pick S76, KNB2 £20,000-£26,000
          
    Terms
        3, 4
        STRAITS SETTLEMENTS WORLD BANKNOTES
        All lots are subject to extra charges which may be viewed in
        and Conditions
        and 10 at the back of this catalogue.
        $25, SINGAPORE BRANCH
          666 X
          GOVERNMENT OF THE STRAITS SETTLEMENTS , 10 Cents, 1 November 1917, serial number S/1 65811, Marriott signature, in PMG holder 64, choice uncirculated, much scarcer in this high grade
          
    
    £1,500-£2,000
          667
          GOVERNMENT OF THE STRAITS SETTLEMENTS , 10 Cents, 14 October 1919, serial number B/37 02771, about uncirculated BNB B117b, Pick 8b £500-£600
          
    
    
    GOVERNMENT OF THE STRAITS SETTLEMENTS , watermarked paper intended for the $1 of 1925, and as used on the $10 of 1925, in actual fact, the $1 was issued without a watermark, while the $10 went ahead as shown here, with annotations, glued into blue card frames, as produced, extremely rare (2 papers)
          BNB B118, B120, Pick 9, 11 £300-£400
          GOVERNMENT OF THE STRAITS SETTLEMENTS , watermarked paper for the $1 and $10 of 1925, with annotations, glued into cream paper frames, as produced, extremely rare (2 papers)
          BNB B118, B120, Pick 9, 11 £300-£400
          lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES STRAITS SETTLEMENTS
        All
        BNB B115b, Pick 6b, KNB14a
          668 †
          669 †
          EXTREMELY RARE AND ATTRACTIVE PROOFS FOR THE $1 OF 1925
          
    
    
    
    670 X
          GOVERNMENT OF STRAITS SETTLEMENTS , uniface obverse and reverse proofs for $1 (2), 1 January 1925, serial number H/4 25825, Pountney signature, the obverse in PMG holder 65 EPQ, gem uncirculated, the reverse in PMG holder 64, choice uncirculated, ink annotation on reverse ‘approved for colour....’ , manuscript date 27/26/8/25, very rare and unusual in this uniface format, particularly with an issued serial number (2 notes)
          
    
    BNB B118ap, Pick 9ap, KNB 17ap £5,000-£6,000
          
    STRAITS SETTLEMENTS WORLD BANKNOTES
        671 †
          GOVERNMENT OF THE STRAITS SETTLEMENTS , watermarked paper for the $1, $5 and $10 of 1931-35, each featuring a tiger of slightly increasing size, annotations on face, glued into blue card frames, as produced, very rare (3 papers)
          
    BNB B121-B123, Pick 16-18
          £300-£400
          672
          GOVERNMENT OF THE STRAITS SETTLEMENTS , watermarked paper for the $1 of 1931-35 (3), featuring a tiger, annotations on face, glued into black card frames, as produced, very rare (3 papers)
          BNB B121, Pick 16
          673
          £200-£260
          GOVERNMENT OF THE STRAITS SETTLEMENTS , watermarked paper for the $10 of 1931-35 (4), featuring a tiger, annotations on face, glued into black or cream card or paper frames, as produced, very rare (3 papers)
          BNB B123, Pick 18
          674
          £260-£320
          GOVERNMENT OF THE STRAITS SETTLEMENTS , $1 and $5, 1
          January 1935, serial numbers F/89 24307 and B/51 64659, very good (2 notes)
          
    
    BNB B121e, B122e, Pick 16b, 17b
          £100-£150
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES STRAITS SETTLEMENTS
        †
          †
          675 X
          GOVERNMENT OF THE STRAITS SETTLEMENTS , $5, 1 January 1931, serial number A/8 27650, Shelley signature, in PMG holder 30, very ne
          
    
    
    
    BNB B122a, Pick 17a, KNb21a-d £1,500-£2,000
          676 X
          GOVERNMENT OF THE STRAITS SETTLEMENTS , $10, 1 January 1935, serial number C/10 40026, Alexander Small signature, in PMG holder 35, choice very ne
          BNB B123e, Pick 18b £800-£1,200
          STRAITS SETTLEMENTS WORLD BANKNOTES
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
        SWAZILAND
          677
          CENTRAL BANK OF SWAZILAND , $10, 1981, serial number N649328, Simelane and Oliver signatures, uncirculated
          
    BNB B201a, Pick 6 £300-£400
          678
          CENTRAL BANK OF SWAZILAND , $20, 1981, serial number D063767, Simelane and Oliver signatures, uncirculated
          
    BNB B202a, Pick 7 £300-£400
          SWEDEN
          679
          SVERIGES RIKSBANK , specimen 10 Kronor, 1968, serial number 0000000, red SPECIMEN overprint, two pinholes, otherwise uncirculated
          Pick 56as
          680 X
          £120-£160
          SVERIGES RIKSBANK , specimen 100 Kronor, 2001-02, serial number 1301261224, Backstrom signature, red SPECIMEN overprint, in PMG holder 66 EPQ, gem uncirculated
          
    
    Pick 65as £100-£150
          
    Terms
        4
        10
        the back
        this catalogue. WORLD BANKNOTES SWAZILAND • SWEDEN
        All lots are subject to extra charges which may be viewed in
        and Conditions 3,
        and
        at
        of
        681
          KONGL. MAY: STANDERS WEXEL-BANCO , 30 October 1693, Stockholm,with manuscript date, value and signatures, good very ne and very rare
          
    Pick A70 for similar, this date much earlier £800-£1,200
          682
          RIKSENS STANDERS WEXEL-BANCO , Sweden, 8 Scillingar Specie, 1823, serial number 90289, manuscript number and signatures, also 10 Schillingar, 1843, rst mounted at top on card, original very ne, second on backing paper, damaged at top (2 notes)
          Pick A93b, A101b £100-£150
          683
          BOHUS LANS ENSKILDA BANK , printers archival specimen 50 Kronor, Uddevalla, 1879, serial number range A 17001 to A 22000, perforated SPECIMEN, pencil date top left, about uncirculated and rare
          
    Pick S107s £600-£800
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          SWEDEN WORLD BANKNOTES
        A VERY NICE GROUP OF SWEDISH PRIVATE BANK NOTES
        684
          SVERIGES RIKES STANDERS BANK , specimen/proof on paper for 10 Riksdaler Banco, 18(1836-1857), no serial number or signatures, manuscript ‘Specimen’ in eld, extremely ne and rare
          
    Pick
          £400-£600
          685
          GEFLEBORGS ENSKILDA BANK , printers archival specimen 10 Kronor, Ge e, 1875, serial number range I 000001 to I 1000000, perforated SPECIMEN, uncirculated and rare
          
    Pick
          £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES SWEDEN
        A126 for type
          S180s
          686
          GEFLEBORGS ENSKILDA BANK, printers archival specimen 100 Kronor, Ge e, 1875, serial number range C 00001 to C 10000, perforated SPECIMEN, pencil date ‘July 26 88’ in top margin, about uncirculated and rare
          
    Pick S182 £800-£1,000
          687
          HELSINGLANDS ENSKILDA BANK , 10 Kronor, Soderhamn, 1879, serial number H 003904, two manuscript signatures below, an original strong good very ne and rare in issued format
          
    Pick S265 £400-£500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          SWEDEN WORLD BANKNOTES
        688
          KALMAR ENSKILDA BANK , printers archival specimen 10 Kronor, Kalmar, 1894, serial number range A 000001 to B 100000, perforated SPECIMEN, uncirculated and rare
          
    Pick S289s
          £300-£400
          690 X
          MALARE PROVINSERNAS ENSKILDA BANK , printers model/ proof for 100 Riksdaler, 1 August 1856, no signatures or serial number, with small tabs of paper added to obverse to correct errors on the initial proof, tears and ink, in PMG holder 63, choice uncirculated, very rare
          
    
    Pick S318pm £500-£700
          MALARE PROVINSERNAS ENSKILDA BANK , printers model/ proof for 10 Riksdaler, 1 August 1856, no signatures or serial number, with small tab of paper added to obverse to correct an error on the initial proof, in PMG holder 63, choice uncirculated, very rare
          Pick S316pm
          
    £240-£300
          691
          NORRKOPPINGS ENSKILDA BANK , specimen 100 Kronor, Norrkopping, 1877, serial number A 200001, perforated SPECIMEN, about uncirculated to uncirculated and rare
          
    Pick S364s £600-£800
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES SWEDEN
        689 X
          692
          SKARABORGS LANS ENSKILDA BANK , printers archival specimen 10 Kronor, Skofde, 1888, serial number range A 000001 to A 100000, perforated SPECIMEN, uncirculated and rare
          
    
    Pick S419s
          693
          STOCKHOLMS ENSKILDA BANK , printers archival specimen 10 Kronor, Stockholm, 1876, serial number range V 000001 to V100000, perforated SPECIMEN, pencil ‘Decr 96’ top left, about uncirculated to uncirculated and rare
          
    £300-£400
          Pick S511s
          694
          OSTERGOTLANDS ENSKILDA BANK , printers archival specimen 100 Kronor, Linkoping, 1894, serial number range A 000001 to A 010000, perforated SPECIMEN, pencil date ‘Jan 6 95’ in top margin, uncirculated and a most handsome note with glorious engraving and imagery
          Pick S739s
          £300-£400
          £1,000-£1,500
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          SWEDEN WORLD BANKNOTES
        SWITZERLAND
          695 X
          CREDIT AGRICOLE ET INDUSTRIEL DE LA BROYE, SWITZERLAND , unissued 10 Francs, ND (1866), serial number A2008, good extremely ne
          
    Pick PS261
          
    698
          CENTRAL BANK OF SYRIA , £100, 1958, a pair of initial engravers workings on transparent acetate showing the outlines of plate designs for the obverse of £100 and reverse of the £500 from the 1958 Issue, both designs as the issued note, engravers annotations, each of these is unique and they are remarkable survivors, as most were simply treated as printers waste (2 items)
          
    BNB B610a, Pick 91a
          £100-£200
          £150-£180
          TANZANIA
          696 X
          CREDIT AGRICOLE ET INDUSTRIEL DE LA BROYE, SWITZERLAND , unissued 20 Francs, ND (1866), serial number B3053, good extremely ne
          
    Pick PS262
          SYRIA
          697 X
          £200-£240
          CENTRAL BANK OF SYRIA , £1 and £10, 1973, serial numbers A/29 877787 and L/19 903480, also £100, 1974, serial number Q/28 119678, in PMG holders 65 EPQ, gem uncirculated, 64, choice uncirculated and 45 EPQ, choice extremely ne (3 notes)
          BNB B605d, B607d, B614d, Pick 93c, 95c, 98d£80-£100
          699 X
          BANK OF TANZANIA , proof for 500 Shilingi, ND (1992), no serial numbers, Msuya and Nyirabu signatures, selvage included, in PMG holder 64 EPQ, choice uncirculated, rare
          
    BNB B120bp, Pick 21br
          £200-£260
          WORLD BANKNOTES SWITZERLAND • SYRIA • TANZANIA
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
        THAILAND
          700
          GOVERNMENT OF THAILAND , a small group of the 1942 issue comprising 50 Satang, block 82W, 1 Baht, serial number E/56 21745, and 10 Baht (2), serial numbers N/85 64343 and N/92 0654056, purple and green reverses respectively, good ne or a little better, the last note very scarce (4 notes)
          
    BNB B109a, B110e, B113d, B114a, Pick 43a, 44, 59, 50£200-£260
          701
          GOVERNMENT OF THAILAND , 50 Satang (7), ND (1948), serial numbers Z/5 72982-85 and Z/6 20078-80, 94770, uncirculated (7 notes)
          BNB B139a, Pick 68
          £150-£200
          703 X
          GOVERNMENT OF SIAM, 20 Baht, ND (1939), serial number P/3 97714, in PMG holder 30, very ne
          
    
    BNB B249a, Pick 36 £80-£120
          704
          GOVERNMENT OF THAILAND , a consecutive run of the 60 Baht, 5 December 1987, serial numbers 1536401-99, commemorating Rama IX’s fth cycle (60th) birthday, examples at top and bottom of pack show wear, tear and folds, the majority of notes uncirculated (100 notes)
          BNB BNP103, Pick 93
          £150-£240
          702
          GOVERNMENT OF SIAM , 1 Baht (2), 22 September 1934, serial numbers A/75 77178 and A/75 89394, each with a few spots of foxing, rst good very ne, second good extremely ne (2 notes)
          BNB B234a, Pick 22
          £100-£150
          705
          TIMOR
          BANCO NACIONAL ULTRAMARINO, TIMOR , specimen 1 Pataca, 16 November 1945, serial number 0000, red SPECIMEN overprint, ve tiny cancellation holes, ink numeral top right, corner bend, otherwise uncirculated and scarce
          
    
    BNB B118cs, Pick 16s
          £200-£300
          706
          BANCO NACIONAL ULTRAMARINO, TIMOR , specimen 10 Patacas, 16 November 1945, serial number 0000, red SPECIMEN overprint, ve tiny cancellation holes, ink numeral top right, uncirculated and scarce
          BNB B120fs, Pick 18s
          £300-£400
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    THAILAND • TIMOR WORLD BANKNOTES
        707
          BANCO NACIONAL ULTRAMARINO, TIMOR , specimen 20 Patacas, 16 November 1945, serial number 0000, red SPECIMEN overprint, ve tiny cancellation holes, ink numeral top right, uncirculated and scarce BNB
          
    
    708
          BANCO NACIONAL ULTRAMARINO, TIMOR , specimen 25 Patacas, 16 November 1945, serial number 0000, red SPECIMEN overprint, ve tiny cancellation holes, ink numeral top right, uncirculated and scarce
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES TIMOR
        B121s, Pick 19s £700-£900
          BNB B122as, Pick 20s £700-£900
          709 X
          BANCO NACIONAL ULTRAMARINO, TIMOR , 1000 Escudos, 21 March 1968, serial number 019782, in PMG holder 67 EPQ, superb gem uncirculated, this grade the highest recorded on the PMG population report
          
    
    BNB B132a, Pick 30a £300-£400
          TONGA
          710
          GOVERNMENT OF TONGA , 1/2 Pa’anga (3), 3 April 1967 (2), 1970, all pre x A/1, also 1 Pa’anga (3), 1967 (2), 1971, all pre x A/1, uncirculated (6 notes)
          BNB B113a, B114a, Pick 13a, 14a £200-£260
          711
          GOVERNMENT OF TONGA , 1/2, 1 and 5 Pa’anga, 1967, also 2 Pa’anga, 1970, uncirculated, the 5 scarce especially in this grade (4 notes)
          BNB B113a-B116a, Pick 13a-16a £300-£400
          712
          GOVERNMENT OF TONGA , 10 Pa’anga, 3 April 1967, serial number A/1 013875, uncirculated and scarce in this grade
          
    
    
    BNB B117a, Pick 17a £360-£420
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          TIMOR • TONGA WORLD BANKNOTES
        TRINIDAD AND TOBAGO
          AN EXCEPTIONAL LOW NUMBER FOR THE TRINIDAD $100 OF 1937 OF WHICH ONLY 1500 WERE ISSUED
          713
          BARCLAYS BANK (DOMINION, COLONIAL AND OVERSEAS), TRINIDAD , $100, 1 January 1937, serial number D000011, George and one other manuscript signature, one small ink stain, minor internal splits, original paper, ne and extremely rare, this being the rst date of issue, one of a print run of only 1500 with hand-written signature, and the serial number 11 for this issue, an exceptional note
          
    BNB B148a, Pick S104a £1,000-£1,500
          715
          714 X
          CENTRAL BANK OF TRINIDAD AND TOBAGO , $1, 1964, serial number V/2 072429, Bruce signature, in PMG holder 65 EPQ, gem uncirculated
          
    
    
    BNB B201d, Pick 26c £60-£80
          CENTRAL BANK OF TRINIDAD AND TOBAGO , $1, $5, $10 and $20, 1964 (1977), all Bruce signature, also $1, 1985, Dookeran signature, uncirculated (5 notes)
          BNB B205a-B208a, B211d, Pick 30a-33a, 36d£180-£240
          viewed in Terms
        3, 4 and 10
        the back
        this catalogue. WORLD BANKNOTES TRINIDAD AND TOBAGO
        All lots are subject to extra charges which may be
        and Conditions
        at
        of
        CENTRAL BANK OF TRINIDAD AND TOBAGO , $5, 1964 (1977), serial number AA 694731, Bruce signature, in PMG holder 68 EPQ, superb gem uncirculated, scarce in this high grade, only two notes in a higher grade recorded on the PMG census
          
    
    BNB B206a, Pick 31a
          £160-£200
          TUNISIA
          BANQUE DE L‘ALGERIE, TUNISIA , 1000 Francs, 1892 (194243), serial number S.4 455, in PMG holder 58 EPQ, attractive
          
    
    
    BNB B221a, Pick 31
          £180-£240
          BANQUE IMPERIALE OTTOMANE , 20 Kurush, AH1293 (1877), serial number 77 86754, circular and box handstamp on reverse, small tear, in PMG holder 63, choice uncirculated
          
    Pick 49 £120-£160
          UKRAINE
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          UKRAINIAN CENTRAL BANK , 5, 10, 50 and 100 Karbowanez, 10 March 1942, serial numbers 35.0296129, 38.1844959, 14.074187 and 46.146750, uncirculated (4 notes)
          Pick 51, 52, 54, 55 £150-£200
          
    TRINIDAD AND TOBAGO • TUNISIA • TURKEY • UKRAINE WORLD BANKNOTES
        716 X
          717 X
          718 X
          719 X
          TURKEY
          UNITED ARAB EMIRATES
          AN EXTREMELY HIGH GRADE AND DESIRABLE 100 DIRHAMS OF 1973
          
    
    720
          UNITED ARAB EMIRATES CURRENCY BOARD , 100 Dirhams, 1973, serial number 16H 806779, in PMG holder 67 EPQ, superb gem uncirculated, only two examples in higher grade recorded on the PMG census, very rare in this grade
          721
          UNITED ARAB EMIRATES CURRENCY BOARD , 100 Dirhams, 1973, serial number 1H 968040, in PMG holder 64, choice uncirculated, scarce in this grade
          
    All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    WORLD BANKNOTES UNITED ARAB EMIRATES
        BNB B105a, Pick 5a £6,000-£8,000
          BNB B105a, Pick 5a £1,200-£1,600
          CONFEDERATE STATES OF AMERICA
          722
          STATE OF ALABAMA , 50 Cents (6), 1 January 1863, second series, A,B,C,G,H,I, all serial number 585-83, some topical toning, generally uncirculated (6 notes)
          
    
    Pick S212b
          723
          UNITED STATES OF AMERICA
          726 X
          £100-£150
          HAGERSTOWN BANK, MARYLAND , an uncut sheet of $5 (2) and $10 (2), 18-, serial number on all four notes 4683, lovely condition, extremely ne (4 notes, 1 sheet)
          £100-£150
          724
          BANK OF NEW ENGLAND, STATE OF CONNECTICUT , unissued $1 (2), $2 (2) and $5, 18-, no signatures or serial number, uncirculated (5 notes)
          
    £100-£150
          VIETNAM, FOREIGN EXCHANGE CERTIFICATES , a set comprising unissued 10, 50, 100, 200, 500, 1000 and 5000 Dong B, ND (1987), the 5000 with low serial number 0000114, in PMG holders 66 EPQ, 64 EPQ, 65 EPQ, 66 EPQ, 66 EPQ, 64 and 64 respectively (7 notes)
          
    Pick FX1a-FX7a
          £200-£240
          727
          WEST AFRICAN STATES
          725
          UNITED STATES SILVER CERTIFICATE , ‘Short Snorter’ $1, 1935A, serial number E 49321402 B, manuscript date ‘18-3-44’ at left margin, including David Rockefella (enlisted as a private in 1942), ne, interesting
          
    Friedberg 2306
          £60-£80
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          BANQUE CENTRALE DES ETATS DE L’AFRIQUE DE L’OUEST , partial obverse proof 500 Francs, ND (ca 1990), blue and white, turbaned male head at right, good very ne and rare
          
    BNB B115 for type, Pick 110A for similar
          £100-£140
          CONFEDERATE STATES OF AMERICA • UNITED STATES OF AMERICA • VIETNAM • WEST AFRICAN STATES WORLD BANKNOTES
        VIETNAM
        ARAB REPUBLIC OF YEMEN , 250 Fils (2), ND (1964), serial numbers M261644-45; also 1 Dinar, ND (1964), serial number B390512, in PMG holders 58 EPQ, choice about uncirculated, the last note 53 EPQ (3 notes)
          BNB B101a, B103a, Pick 1a, 3a
          £200-£240
          731
          SOUTH ARABIAN CURRENCY AUTHORITY , 5 Dinars, ND (1966), serial number J1942165, in PMG holder 63 EPQ, choice uncirculated
          
    
    
    
    
    BNB B104a, Pick 4a £300-£360
          732
          CENTRAL BANK OF YEMEN , a group comprising 1 (4), 5 (4), 10 (3), 20 (2), 50 (2), and 100 Rials (2), ND (1973-97), generally extremely ne, several better (17 notes)
          Pick 11a,b, 12a, 13b, 17c, 18a,b, 19a,b, 15a,b, 21a, 28£100-£120
          YUGOSLAVIA
          729
          ARAB REPUBLIC OF YEMEN , 1 Rial, ND (1964), 10 and 20 Buqshas, also 5 Rials, ND (1966-1969), also SOUTH ARABIAN CURRENCY BOARD, 250 Fils and 10 Dinars, generally uncirculated (6 notes)
          Pick 1a, 4a, 5a, 7a, 1b, 3b
          £100-£150
          733
          YUGOSLAVIA, NATIONAL BANK , 100 Dinara (2), 1929, serial numbers E.1041 183 and 227, also 500 Dinara (3), 1935, serial numbers A.0316 508, 509 and 511, uncirculated (5 notes)
          
    BNB B102b, B107a, Pick 27b, 32 £100-£150
          ARAB REPUBLIC OF YEMEN , 25 Rials, ND (1971), serial number
          
    
    A/1 739557, in PMG holder 66 EPQ, gem uncirculated
          BNB B109a, Pick 9a
          £300-£400
          to extra charges
        be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue. WORLD BANKNOTES YEMEN • YUGOSLAVIA
        All lots are subject
        which may
        728 X
          730 X
          X
          YEMAN
        ZIMBABWE
          734
          RESERVE BANK OF ZIMBABWE , $1, $5 and 10, 1980, serial number pre xes AA, BA and CA respectively, Krogh signature, uncirculated and all rst pre xes for denomination (3 notes)
          
    BNB B101a-B103a, Pick 1a-3a
          737
          BRADBURY WILKINSON/THOMAS DE LA RUE, a sizeable group of highly unusual proofs and partial printings from advertising notes, mostly dating from the 1980s but a few earlier items, generally uniface, all items photographed online, generally very nice grade, good extremely ne or better (16 notes) £400-£600
          
    £100-£150
          735
          RESERVE BANK OF ZIMBABWE , $100,000,000,000,000 (One Hundred Trillion Dollars), 2008, serial number AA4757857, uncirculated
          
    
    BNB B182a, Pick 91
          ADVERTISING AND TEST NOTES
          £60-£80
          736
          BRADBURY WILKINSON/THOMAS DE LA RUE, a group of beautifully engraved Desk Calendars comprising BWC, two slightly worse for wear examples from unknown dates, missing their paper calendars, two complete examples from 1987, one still in its box, an example from 1988 missing its January paper sheet, and TDLR example from 1990, also missing its January paper sheet, the rst two in fairly poor repair, perhaps ne, others very attractive and clean, about extremely ne or better (6 calendars)
          £200-£260
          738
          CHARLES SKIPPER & EAST , a black and white die proof for a calendar, undated, beautifully engraved and probably unique, very good and scarce £80-£100
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          
    ZIMBABWE • ADVERTISING AND TEST NOTES WORLD BANKNOTES
        739
          A DE LA RUE SALES BOOK, ring bound, which previously contained a number of specimens from which potential clients would chose elements or features to include in the design of their own banknote, along with 19 assorted specimen banknotes from the following countries: Peru, Kenya, Luxembourg, Clydesdale Bank, Iceland, Venezuela, Madagascar, Zambia, Uganda, Gambia, Somalia, Uruguay, Tunisia, Colombia, Royal Bank of Scotland, Dominican Republic, Ghana, Botswana and Sudan, generally 1980s issues, with a variety of overprints and stamps, all notes are tacky on the front and back with glue residue, but are otherwise uncirculated, book in excellent condition (19 notes, 1 book) £700-£900
          740
          A LARGE GROUP OF FAR-EASTERN AND ASIAN BANKNOTES, from a huge variety of countries including India, Malaya, Thailand, Pakistan, China, Japan, Korea, Philippines, Nepal and many others, very little duplication, and a wide mix of grades, a very useful lot (circa 800 notes) £400-£500
          742
          A SMALL MIXED LOT consisting mainly of modern European, African and South American notes, with a smattering of older German, newer notes uncirculated, others ne to very ne (107 notes) £40-£60
          
    743
          A SIZEABLE GROUP OF WORLD BANKNOTES, including Malaya, 5, 10 and 50 Cents and $1, 1941, Burma, 5 Rupees, George VI, black overprint, Reserve Bank of India, 10 Rupees (2), George VI facing portrait, Bank of Libya, £1 and £10, Mozambique, 2$50, 1941, Chamico, along with a wide variety of other world notes with very little duplication, in a wide variety of grades (approx. 300 notes)
          £150-£200
          741
          744
          A SMALL GROUP OF NOTES comprising, West African Currency Board, 10/-, 1942, Algeria, 20 Francs, 1932, Italy, Biglietto di Stato, 10 Lire (2), 1935, and Banque de France, 1000 Francs, 1927 and 1000 Francs, 1937, Italian notes uncirculated, Algeria good very ne, others very good to ne (6 notes)
          £120-£160
          A VERY LARGE AND VARIED COLLECTION OF NOTES including Iran, Thailand, Laos, Cuba, Yugoslavia, Hong Kong, Jamaica, Cambodia, Nigeria, Egypt, China, Indonesia, Japan, Angola, Uganda, Suriname, block of British Armed forces, Morocco, Singapore Brunei, Argentina, Kenya, Malaysia, a very interesting and useful group, many uncirculated notes, largely very ne or better (approx. 2000 notes)
          £400-£500
          
    4
        WORLD BANKNOTES MISCELLANEOUS
        All lots are subject to extra charges which may be viewed in Terms and Conditions 3,
        and 10 at the back of this catalogue.
        MISCELLANEOUS
        745
          748
          £80-£120
          A SMALL YET ATTRACTIVE GROUP OF COMMONWEALTH NOTES, comprising Malaya, Malta, St Helena, British Caribbean Territories, East Africa, Falkland Islands, New Zealand, Belize, Cyprus, Straits Settlements, ne to uncirculated, most notes uncirculated, the St Helena with low serial numbers, a useful little group (25 notes)
          746 X
          A LARGE GROUP OF LEBANESE AND SYRIAN NOTES , comprising Lebanon: 1964-87 Issues (12), 1988 Issue (2), 50,000 Livres, commemorative 2013 Issue (6), replacement 20,000 Livres, 2012, Syria, 1 Livre, 1939, pre x J/FD, notes from the following Issues 1958-1962, 1966-74, 1976-1991, 1997-8, 2013, (29), the commemorative Lebanese notes in PMG holder, a nice varied group (48 notes) £100-£200
          747
          A VERY NICE GROUP OF MOSTLY UNCIRCULATED WORLD NOTES , including Ceylon, 20 Rupees, 1979, 1000 Rupees, 1981, pressed extremely ne,Sri Lanka, 2000 Rupees, 2005, Papau New Guinea, 2, 5 10 and 20 Kina, 1975, Laos, 5000 Kip (12), Malta, Franklin Mint specimen set, Tunisia, 10 Dinars, 1969, Japan (8), Switzerland (2), about uncirculated to uncirculated (39 notes) £150-£200
          A VERY LARGE GROUP OF ASSORTED WORLD NOTES, from a large variety of countries, including Uruguay, Banco de Londres y Rio de la Plata, 50 Pesos (2), small groups of Macau, Syria, and several other better countries, and large quantities of the usual suspects, Turkey, Russia, Germany, Yugoslavia, Zambia and the like, very mixed grades, but a large and very useful lot (at least 2000 notes) £500-£700
          749
          A LARGE GROUP OF WORLD NOTES, including Iraq, Sudan, Yemen, Iran, Laos, Zimbabwe, Germany, Libya, Madagascar, Gambia, Afghanistan, Peru, Indonesia, Yugoslavia, Bank of England, £1 (4) Peppiatt and Beale, heavy duplication, many note in high grade, generally very ne or better (approx 400 notes) £200-£300
          750
          A GROUP OF HIGH GRADE MIDDLE EASTERN NOTES comprising Muscat and Oman, Oman Currency Board and Central Bank, Qatar, Afghanistan, Sierra Leone, Lebanon, Kuwait, UAE, Egypt, Syria, Iran and Yemen, about uncirculated to uncirculated (45 notes)
          £100-£150
          End of Sale
          All lots are subject to extra charges which may be viewed in Terms and Conditions 3, 4 and 10 at the back of this catalogue.
          MISCELLANEOUS WORLD BANKNOTES
        Please bid on my behalf at the above sale for the following Lot(s) up to the price(s) mentioned overleaf. These bids are to be executed as cheaply as is permitted by other bids or any reserve.
          I understand that in the case of a successful bid, a premium of 24 per cent (plus VAT if delivered or collected within the UK) will be payable by me on the hammer price of all lots.
          Please see the Terms and Conditions of Business for any other charges which may be applicable.
          Please ensure your bids comply with the steps outlined below:
          Up to £100 by £5
          £100 to £200 by £10
          £200 to £500 by £20
          £500 to £1,000 by £50
          £1,000 to £2,000 by £100
          £2,000 to £5,000 by £200
          £5,000 to £10,000 by £500
          £10,000 to £20,000 by £1,000
          £20,000 to £50,000 by £2,000
          Bids of unusual amounts will be rounded down to the bid step below and will not take precedence over a similar bid unless received rst.
          NOTE:
          All bids placed other than via our website should be received by 4 PM on the day prior to the sale. Although we will endeavour to execute any late bids, Noonans cannot accept responsibility for bids received after that time. It is strongly advised that you use our online Advance Bidding Facility. If you have a valid email address bids may be entered, and amended or cancelled, online at www.noonans.co.uk right up until a lot is o ered. You will receive a con rmatory email for all bids and amendments, Bids posted to our o ce using this form will be entered by our sta using the same Advance Bidding Facility. There is, therefore, no better way of ensuring the accuracy of your advance bids than to place them yourself online.
          I con rm that I have read and agree to abide by the Terms and Conditions of Business in the catalogue.
          SIGNED
          NAME (block capitals)
          ADDRESS
          TELEPHONE EMAIL
          If successful, payment can be made in the following ways:
          Credit/Debit card online via www.noonans.co.uk
          Bank Transfer
          CLIENT CODE
          Bankers: Lloyds; Address: 39 Piccadilly, London W1J 0AA; Sort code: 30-96-64; Account No.: 00622865; Swift Code: LOYDGB2L; IBAN: GB70LOYD30966400622865; BIC: LOYDGB21085
          Cheque payable to Noonans
          Cash up to a maximum of £5,000
          All payments to be made in pounds sterling. Please note payment is due within ve working days of the end of the auction.
          YOUR BIDS MAY BE PLACED OVERLEAF
          COMMISSION FORM
        BANKNOTES
        WORLD
        31 AUGUST 2023
        B NOONANS • 16 BOLTON STREET MAYFAIR LONDON W 1 J 8BQ • T. 020 70 1 6 1 700 • WWW.NOONANS.CO.UK
        WORLD BANKNOTES
          31 AUGUST 2023
          If you wish to place a ‘plus one’ bid, please write ‘+1’ next to the relevant bid
          SALEROOM NOTICES:
          Any Saleroom Notices relevant to this auction are automatically posted on the Lot Description pages on our website. Prospective buyers are strongly advised to consult the site for updates.
          SUCCESSFUL BIDS
          Should you be a successful bidder you will receive an invoice detailing your purchases. All purchases are sent by registered post unless otherwise instructed, for which a minimum charge of £12.00 (plus VAT if resident in the UK) will be added to your invoice. All payments for purchases must be made in pounds sterling. Please check your bids carefully.
          PRICES REALISED
          The hammer prices bid at the auction are posted on the Internet at www.noonans.co.uk in real time. A full list of prices realised appear on our website as the auction progresses. Telephone enquiries are welcome from 9 AM the following day.
          LOT NO. £ BID LOT NO. £ BID LOT NO. £ BID
        COMMISSION FORM
        B
        
              
              
            
            SINGAPORE BRANCH
          CONSIGN NOW
          NOONANS TO HOLD REGULAR COIN & BANKNOTE AUCTIONS IN SINGAPORE
          
    NOONANS AUCTIONEERS • 16 BOLTON STREET MAYFAIR LONDON W1J 8BQ UK • WWW.NOONANS.CO.UK CONTACT THOMASINA SMITH AT THOMASINA@NOONANS.CO.UK
        CONDITIONS MAINLY CONCERNING BUYERS
          1 The buyer
          The highest bidder shall be the buyer at the ‘hammer price’ and any dispute shall be settled at the auctioneer’s absolute discretion. Every bidder shall be deemed to act as principal unless there is in force a written acknowledgement by Noonans Mayfair Ltd. (“Noonans”) that he acts as agent on behalf of a named principal. Bids will be executed in the order that they are received.
          2 Minimum increment
          The auctioneer shall have the right to refuse any bid which does not conform to Noonans’ published bidding increments which may be found at noonans.co.uk and in the bidding form included with the auction catalogue.
          3 The premium
          The buyer shall pay to Noonans a premium of 24% on the ‘hammer price’ and agrees that Noonans, when acting as agent for the seller, may also receive commission from the seller in accordance with Condition 16.
          4 Value Added Tax (VAT)
          The buyers’ premium is subject to the current rate of Value Added Tax if the lot is delivered to or collected by the purchaser within the UK.
          Lots marked ‘X’ are subject to importation VAT of 5% on the hammer price unless re-exported outside the UK, as per the conditions below.
          Buyers who wish to hand carry their lots to export them from the UK will be charged VAT at the prevailing rate and importation VAT(where applicable) and will not be able to claim a VAT refund.
          Buyers will only be able to secure a VAT free invoice and/or VAT refund if the goods are exported by Noonans or a pre-approved commercial shipper. Where the buyer instructs a pre-approved commercial shipper, proof of correct export out of the UK must be provided to Noonans by the buyer within 30 days of export and no later than 90 days from the date of the sale. Refunds are subject to a £50 administrative fee.
          Lots marked ‘†’ are subject to the Standard Rate of VAT, currently 20%, on both the hammer price and buyers premium.
          VAT can only be removed from the hammer price, if goods are exported by Noonans or a preapproved commercial shipper as per above. All lots will be subject to VAT on the buyers premium regardless of whether the lot is exported
          5. Artist’s Resale Rights (Droit de Suite)
          Lots marked ARR in the catalogue indicate lots that may be subject to this royalty payment.
          The royalty will be charged to the buyer on the ‘hammer price’ and is in addition to the buyers’ premium. Royalties are charged on a sliding percentage scale as shown below but do not apply to lots where the hammer price is less than 1000 euros. The payment is calculated on the rate of exchange at the European Central Bank on the date of the sale.
          All royalty charges are paid in full to The Design and Artists Copyright Society (DACS).
          Portion of the hammer price Royalties
          From 0 to €50,000 4%
          From €50,000.01 to €200,000 3%
          From €200,000.01 to €350,000 1%
          From €350,000.01 to €500,000 0.5% Exceeding €500,000 0.25%
          6 Payment
          When a lot is sold the buyer shall:
          (a) con rm to Noonans his or her name and address and, if so requested, give proof of identity; and
          (b) pay to Noonans the ‘total amount due’ in pounds sterling within ve working days of the end of the sale (unless credit terms have been agreed with Noonans before the auction). Please note that we will not accept cash payments in excess of £5,000 ( ve thousand pounds) in settlement for purchases made at any one auction.
          7 Noonans may, at its absolute discretion, agree credit terms with the buyer before an auction under which the buyer will be entitled to take possession of lots purchased up to an agreed amount in value in advance of payment by a determined future date of the ‘total amount due’.
          8 Any payments by a buyer to Noonans may be applied by Noonans towards any sums owing from that buyer to Noonans on any account whatever, without regard to any directions of the buyer, his or her agent, whether expressed or implied.
          9 Collection of purchases
          The ownership of the lot(s) purchased shall not pass to the buyer until he or she has made payment in full to Noonans of the ‘total amount due’ in pounds sterling.
          10 (a) The buyer shall at his or her own expense take away the lot(s) purchased not later than 5 working days after the day of the auction but (unless credit terms have been agreed in accordance with Condition 7) not before payment to Noonans of the ‘total amount due’.
          (b) The buyer shall be responsible for any removal, storage and insurance charges on any lot not taken away within 5 working days after the day of the auction.
          (c) The packing and handling of purchased lots by Noonans sta is undertaken solely as a courtesy to clients and, in the case of fragile articles, will be undertaken only at Noonans’ discretion. In no event will Noonans be liable for damage to glass or frames, regardless of the cause. Bulky lots or sharp implements, etc., may not be suitable for in-house shipping.
          11 Buyers’ responsibilities for lots purchased
          The buyer will be responsible for loss or damage to lots purchased from the time of collection or the expiry of 5 working days after the day of the auction, whichever is the sooner. Neither Noonans nor its servants or agents shall thereafter be responsible for any loss or damage of any kind, whether caused by negligence or otherwise, while any lot is in its custody or under its control.
          Loss and damage warranty cover at the rate of 1.5% will be applied to any lots despatched by Noonans to destinations outside the UK, unless speci cally instructed otherwise by the consignee.
          12 Remedies for non-payment or failure to collect purchase
          If any lot is not paid for in full and taken away in accordance with Conditions 6 and 10, or if there is any other breach of either of those Conditions, Noonans as agent of the seller shall, at its absolute
          discretion and without prejudice to any other rights it may have, be entitled to exercise one or more of the following rights and remedies:
          (a) to proceed against the buyer for damages for breach of contract.
          (b) to rescind the sale of that or any other lots sold to the defaulting buyer at the same or any other auction.
          (c) to re-sell the lot or cause it to be re-sold by public auction or private sale and the defaulting buyer shall pay to Noonans any resulting de ciency in the ‘total amount due’ (after deduction of any part payment and addition of re-sale costs) and any surplus shall belong to the seller.
          (d) to remove, store and insure the lot at the expense of the defaulting buyer and, in the case of storage, either at Noonans’ premises or elsewhere. (e) to charge interest at a rate not exceeding 2 percent per month on the ‘total amount due’ to the extent it remains unpaid for more than 5 working days after the day of the auction.
          (f) to retain that or any other lot sold to the same buyer at the sale or any other auction and release it only after payment of the ‘total amount due’.
          (g) to reject or ignore any bids made by or on behalf of the defaulting buyer at any future auctions or obtaining a deposit before accepting any bids in future.
          (h) to apply any proceeds of sale then due or at any time thereafter becoming due to the defaulting buyer towards settlement of the ‘total amount due’ and to exercise a lien on any property of the defaulting buyer which is in Noonans’ possession for any purpose.
          13 Liability of Noonans and sellers
          (a) Goods auctioned are usually of some age. All goods are sold with all faults and imperfections and errors of description. Illustrations in catalogues are for identi cation only. Buyers should satisfy themselves prior to the sale as to the condition of each lot and should exercise and rely on their own judgement as to whether the lot accords with its description. Subject to the obligations accepted by Noonans under this Condition, none of the seller, Noonans, its servants or agents is responsible for errors of descriptions or for the genuineness or authenticity of any lot. No warranty whatever is given by Noonans, its servants or agents, or any seller to any buyer in respect of any lot and any express or implied conditions or warranties are hereby excluded.
          (b) Any lot which proves to be a ‘deliberate forgery’ may be returned by the buyer to Noonans within 15 days of the date of the auction in the same condition in which it was at the time of the auction, accompanied by a statement of defects, the number of the lot, and the date of the auction at which it was purchased. If Noonans is satis ed that the item is a ‘deliberate forgery’ and that the buyer has and is able to transfer a good and marketable title to the lot free from any third party claims, the sale will be set aside and any amount paid in respect of the lot will be refunded, provided that the buyer shall have no rights under this Condition if:
          (i) the description in the catalogue at the date of the sale was in accordance with the then generally accepted opinion of scholars and experts or fairly indicated that there was a con ict of such opinion; or
          TERMS AND CONDITIONS OF BUSINESS
        (ii) the only method of establishing at the date of publication of the catalogue that the lot was a ‘deliberate forgery’ was by means of scienti c processes not generally accepted for use until after publication of the catalogue or a process which was unreasonably expensive or impractical.
          (c) A buyer’s claim under this Condition shall be limited to any amount paid in respect of the lot and shall not extend to any loss or damage su ered or expense incurred by him or her.
          (d) The bene t of the Condition shall not be assignable and shall rest solely and exclusively in the buyer who, for the purpose of this condition, shall be and only be the person to whom the original invoice is made out by Noonans in respect of the lot sold.
          CONDITIONS MAINLY CONCERNING SELLERS AND CONSIGNORS
          14 Warranty of title and availability
          The seller warrants to Noonans and to the buyer that he or she is the true owner of the property or is properly authorised to sell the property by the true owner and is able to transfer good and marketable title to the property free from any third party claims. The seller will indemnify Noonans, its servants and agents and the buyer against any loss or damage su ered by either in consequence of any breach on the part of the seller.
          15 Reserves
          The seller shall be entitled to place, prior to the rst day of the auction, a reserve at or below the low estimate on any lot provided that the low estimate is more than £100. Such reserve being the minimum ‘hammer price’ at which that lot may be treated as sold. A reserve once placed by the seller shall not be changed without the consent of Noonans. Noonans may at their option sell at a ‘hammer price’ below the reserve but in any such cases the sale proceeds to which the seller is entitled shall be the same as they would have been had the sale been at the reserve. Where a reserve has been placed, only the auctioneer may bid on behalf of the seller.
          16 Authority to deduct commission and expenses
          The seller authorises Noonans to deduct commission at the ‘stated rate’ and ‘expenses’ from the ‘hammer price’ and acknowledges Noonans’ right to retain the premium payable by the buyer.
          17 Rescission of sale
          If before Noonans remit the ‘sale proceeds’ to the seller, the buyer makes a claim to rescind the sale that is appropriate and Noonans is of the opinion that the claim is justi ed, Noonans is authorised to rescind the sale and refund to the buyer any amount paid to Noonans in respect of the lot.
          18 Payment of sale proceeds
          Noonans shall remit the ‘sale proceeds’ to the seller 35 days after the auction, but if by that date Noonans has not received the ‘total amount due’ from the buyer then Noonans will remit the sale proceeds within ve working days after the date on which the ‘total amount due’ is received from the buyer. If credit terms have been agreed between Noonans and the buyer, Noonans shall remit to the seller the sale proceeds 35 days after the auction unless otherwise agreed by the seller.
          19 If the buyer fails to pay to Noonans the ‘total amount due’ within 35 days after the auction, Noonans will endeavour to notify the seller and take the seller’s instructions as to the appropriate
          course of action and, so far as in Noonans’ opinion is practicable, will assist the seller to recover the ‘total amount due’ from the buyer. If circumstances do not permit Noonans to take instructions from the seller, the seller authorises Noonans at the seller’s expense to agree special terms for payment of the ‘total amount due’, to remove, store and insure the lot sold, to settle claims made by or against the buyer on such terms as Noonans shall in its absolute discretion think t, to take such steps as are necessary to collect monies due by the buyer to the seller and if necessary to rescind the sale and refund money to the buyer if appropriate.
          20 If, notwithstanding that, the buyer fails to pay to Noonans the ‘total amount due’ within 35 days after the auction and Noonans remits the ‘sale proceeds’ to the seller, the ownership of the lot shall pass to Noonans.
          21 Charges for withdrawn lots
          Where a seller cancels instructions for sale, Noonans reserve the right to charge a fee of 15% of Noonans’ then latest middle estimate of the auction price of the property withdrawn, together with Value Added Tax thereon if the seller is resident in the UK, and ‘expenses’ incurred in relation to the property.
          22 Rights to photographs and illustrations
          The seller gives Noonans full and absolute right to photograph and illustrate any lot placed in its hands for sale and to use such photographs and illustrations and any photographs and illustrations provided by the seller at any time at its absolute discretion (whether or not in connection with the auction).
          23 Unsold lots
          Where any lot fails to sell, Noonans shall notify the seller accordingly. The seller shall make arrangements either to re-o er the lot for sale or to collect the lot.
          24 Noonans reserve the right to charge commission up to one-half of the ‘stated rates’ calculated on the ‘bought-in price’ and in addition ‘expenses’ in respect of any unsold lots.
          GENERAL CONDITIONS AND DEFINITIONS
          25 Noonans sells as agent for the seller (except where it is stated wholly or partly to own any lot as principal) and as such is not responsible for any default by seller or buyer.
          26 Any representation or statement by Noonans, in any catalogue as to authorship, attribution, genuineness, origin, date, age, provenance, condition or estimated selling price is a statement of opinion only. Every person interested should exercise and rely on his or her own judgement as to such matters and neither Noonans nor its servants or agents are responsible for the correctness of such opinions.
          27 Whilst the interests of prospective buyers are best served by attendance at the auction, Noonans will, if so instructed, execute bids on their behalf. Neither Noonans nor its servants or agents are responsible for any neglect or default in doing so or for failing to do so.
          28 Noonans shall have the right, at its discretion, to refuse admission to its premises or attendance at its auctions by any person.
          29 Noonans has absolute discretion without giving any reason to refuse any bid, to divide any lot, to
          combine any two or more lots, to withdraw any lot from the auction and in case of dispute to put up any lot for auction again.
          30 (a) Any indemnity under these Conditions shall extend to all actions, proceedings costs, expenses, claims and demands whatever incurred or su ered by the person entitled to the bene t of the indemnity.
          (b) Noonans declares itself to be a trustee for its relevant servants and agents of the bene t of every indemnity under these Conditions to the extent that such indemnity is expressed to be for the bene t of its servants and agents.
          31 Any notice by Noonans to a seller, consignor, prospective bidder or buyer may be given by rst class mail, airmail or email and if so given shall be deemed to have been duly received by the addressee within 48 hours.
          32 These Conditions shall be governed by and construed in accordance with English law. All transactions to which these Conditions apply and all matters connected therewith shall also be governed by English law. Noonans hereby submits to the exclusive jurisdiction of the English courts and all other parties concerned hereby submit to the non-exclusive jurisdiction of the English courts.
          33 In these Conditions:
          (a) ‘catalogue’ includes any advertisement, brochure, estimate, price list or other publication;
          (b) ‘hammer price’ means the price at which a lot is knocked down by the auctioneer to the buyer;
          (c) ‘total amount due’ means the ‘hammer price’ in respect of the lot sold together with any premium, Value Added Tax chargeable and additional charges and expenses due from a defaulting buyer in pounds sterling;
          (d) ‘deliberate forgery’ means an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source which is not shown to be such in the description in the catalogue and which at the date of the sale had a value materially less than it would have had if it had been in accordance with that description;
          (e) ‘sale proceeds’ means the net amount due to the seller being the ‘hammer price’ of the lot sold less commission at the ‘stated rates’ and ‘expenses’ and any other amounts due to Noonans by the seller in whatever capacity and howsoever arising;
          (f) ‘stated rate’ means Noonans’ published rates of commission for the time and any Value Added Tax thereon;
          (g) ‘expenses’ in relation to the sale of any lot means Noonans charges and expenses for insurance, illustrations, special advertising, certi cation, remedials, packing and freight of that lot and any Value Added Tax thereon;
          (h) ‘bought-in price’ means 5 per cent more than the highest bid received below the reserve.
          34 Vendors’ commission of sales
          A commission of 15% is payable by the vendor on the hammer price on lots sold.
          Insurance is charged at 1.5% of the hammer price. 35 VAT Commission, illustrations, insurance and expenses are subject to VAT if the seller is resident in the UK.
          AT NOONANS OUR EXPERTISE EXTENDS BEYOND THE KNOWLEDGE WITHIN OUR SPECIALIST DEPARTMENTS TO INCLUDE ALL ASPECTS OF OUR AUCTION HOUSE, FROM OUR PHOTOGRAPHY STUDIO TO OUR ADVANCED PROPRIETARY ONLINE BIDDING SYSTEM.
          We’re a close-knit team of experts with deep knowledge across our specialist subjects: banknotes, coins, detectorist finds, historical & art medals, jewellery, medals & militaria, tokens and watches. Focusing on these fascinating items, we share this expertise with an international community of sellers and buyers.
          
    
    Each sale item that passes through our Mayfair auction house is appraised by an expert recognised as a leading authority in a particular field of interest, ranging from ancient coins and military medals to jewellery and vintage watches. This depth of knowledge across all departments sets us apart from other generalist auctioneers.
          SELL WITH US
          Respected worldwide for the breadth and depth of our specialist expertise, we can connect you to a broad, deep pool of potential buyers. Over the years, we’ve brought together an international community of people who share our particular passion. As recognised experts, with a vast store of freely available in-house knowledge and experience, we’ve earned the trust of buyers across the globe.
          Our fees are transparent. Unlike many other auction houses, we don’t charge for collecting your lots, photography or marketing and there’s no minimum lot charge.
          Not surprisingly, our position as a trusted authority, with deep global reach, often leads to the achievement of higher than expected prices at auction.
          Free valuation
          If you’re interested in selling your items and you’d like a free auction valuation, without obligation, our specialists will be happy to help. You can submit online or bring your sale item to a valuation day at our Mayfair auction house or at a regional venue. Alternatively, request a home visit.
          BUY WITH US
          We’re here for you, whether you’re an experienced collector with a depth of knowledge or an occasional buyer attracted to a particular piece of jewellery or vintage watch.
          Be assured that the item in question has been accurately described and photographed, detailing all available information, from its provenance to its current condition. Be certain that our price estimate is fair and sensible.
          Delve deep into our website and you’ll discover a vast store of helpful background data, including prices achieved for similar items at previous auctions. Informed and empowered, study our detailed online catalogue, then place your bid in complete confidence.
          NOONANS 16 BOLTON STREET MAYFAIR LONDON W1J 8BQ T. 020 7016 1700 WWW.NOONANS.CO.UK
        
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