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WORLD BANKNOTES
10-12 APRIL 2013
LONDON

GROUP CHAIRMAN AND CEO
Olivier D. Stocker
YOUR SPECIALISTS
STAMPS
UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill Granger
Paul Mathews Dominic Savastano Tom Smith
USA - George Eveleth Arthur Poudrier
EUROPE - Guido Craveri Fernando Martínez
CHINA - Anna Lee
COINS
UK - Mike Veissid Paul Dawson Richard Bishop William MacKay
Eleanor Charlotte Dix Tim Robson Barbara Mears John Pett
USA - Stephen Goldsmith Greg Cole Normand Pepin
CHINA - Mark Li
BANKNOTES, BONDS & SHARES
UK - Barnaby Faull Mike Veissid Andrew Pattison Tom Badley
USA - Stephen Goldsmith
CHINA - Mark Li
ORDERS, DECORATIONS, MEDALS & MILITARIA
UK - Mark Quayle Oliver Pepys
BOOKS
UK - Philip Skingley Annie Beadle
AUTOGRAPHS
USA - Stephen Goldsmith
WINES
CHINA - Anna Lee Guillaume Willk-Fabia
YOUR EUROPE TEAM (LONDON - LUGANO)
Chairman’s Office
Monica Kruber Charles Blane
Directors
Tim Hirsch Anthony Spink
Auction & Client Management Team
Miroslava Adusei-Poku Luca Borgo Rita Ariete Sarah Schmitz
John Winchcombe Harry Gladwin María Martínez Maurizio Schenini
Finance
Alison Bennet Marco Fiori Mina Bhagat Dennis Muriu Alison Kinnaird Billy Tumelty Claire Greenhill
IT & Administration
Berdia Qamarauli Attila Gyanyi Liz Cones Curlene Spencer
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YOUR AMERICA TEAM (NEW YORK)
Chairman Emeritus
John Herzog
Auction Administration and Marketing & Design
Lori Lewin Emily Cowin Clyde Townsend
Finance & Administration
Sam Qureshi Ingrid Qureshi
Auctioneer
Stephen Goldsmith
YOUR ASIA TEAM (HONG KONG - SINGAPORE)
Vice Chairman
Anna Lee
Administration
Amy Yung Dennis Chan Newton Tsang Raymond Tat Gary Tan

WORLD BANKNOTES
10, 11 & 12 April 2013
in London and on
SALE LOCATION
YOUR SPINK TEAM FOR THIS SALE
SPINK LONDON
69 Southampton Row, Bloomsbury
London WC1B 4ET
tel +44 (0)20 7563 4000 fax +44 (0)20 7563 4066
Vat No: GB 791627108
SALE DETAILS
Wednesday 10 April 2013 at 1.00 p.m. Session 1: Lots 1 - 550
Thursday 11 April 2013 at 10.00 a.m. Session 2: Lots 551 - 934
Thursday 11 April 2013 at 2.00 p.m. Session 3: Lots 935 - 1537
Friday 12 April 2013 at 10.00 a.m. Session 4: Lots 1538 - 1690
In sending commission bids or making enquiries,
this sale should be referred to as ROSSINI - 13004
VIEWING OF LOTS
SPINK LONDON
69 Southampton Row, Bloomsbury
London WC1B 4ET
Monday 8 April 2013 10.00 a.m. - 5.00 p.m.
Tuesday 9 April 2013 10.00 a.m. - 5.00 p.m.
Wednesday 10 April 2013 10.00 a.m. - 5.00 p.m.
Any other viewing by appointment only
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WORLD BANKNOTES
ORDER OF SALE
Day One
Wednesday 10 April
Afternoon Session commencing at 1.00 p.m (Lots 1-550)
AFGHANISTAN 1-9
ALBANIA 10-41
ANDORRA 42-46
ANGOLA 47-64
ANTIGUA 65
ARGENTINA 66-70
AUSTRALIA 71-90
AUSTRIA 91-114
BAHAMAS 115-121
BAHRAIN 122
BANGLADESH 123-124
BARBADOS 125-127
BELGIAN CONGO 128-134
BELGIUM 135-136
BELIZE 137-143
BERMUDA 144-147
BHUTAN 148
BOLIVIA 149-150
BOTSWANA 151
BRAZIL 152
BRITISH CARIBBEAN TERRITORIES 153
BRITISH GUIANA 154
BRITISH HONDURAS 155-162
BRITISH NORTH BORNEO 163-167
BRUNEI 168-173
BULGARIA 174-259
BURMA 260-270
BURUNDI 271-273
CAMBODIA, LAOS AND VIETNAM 274-275
CANADA 276-291
CAPE VERDE 292
CENTRAL AFRICAN STATES 293
CEYLON 294-302
CHINA 303-334
CHILE 335
COLOMBIA 336-338
COMOROS 339-340
CONFEDERATE STATES 341-342
CONGO 343-345
COSTA RICA 346-350
CROATIA 351
CUBA 352-354
CYPRUS 355-364
DANZIG 365
DENMARK 366-367
DJIBOUTI 368-374
DOMINICAN REPUBLIC 375
EAST AFRICA 376-386
ECUADOR 387-388
EGYPT 389-433
EL SALVADOR 434
ESTONIA 435-445
ETHIOPIA 446
FAEROE ISLANDS 447-448
FALKLAND ISLANDS 449-453
FIJI 454-470
FINLAND 471
FRANCE 472-476
FRENCH INDIA 477
FRENCH INDOCHINA 478-487
FRENCH OVERSEAS TERRITORIES 488-489
GERMANY 490-497
GHANA 498
GIBRALTAR 499-502
GREECE 503-541
GREENLAND 542-545
GUADELOUPE 546
GUATEMALA 547-550
Day Two
Thursday 11 April
Morning Session commencing at 10.00 a.m (Lots 551-934)
HONDURAS 551
HONG KONG 552-556
HUNGARY 557-562
ICELAND 563-564
INDIA 565-613
INDONESIA 614-620
IRAN/PERSIA 621-659
IRAQ 660-699
ISRAEL 700-734
ITALY 735-750
JAMAICA 751-764
JAPAN 765-786
JORDAN 787-805
KAZAKHSTAN 806
KENYA 807-814
KUWAIT 815-819
LATVIA 820-845
LEBANON 846-874
LIBERIA 875
LIBYA 876-907
LITHUANIA 908-924
LUXEMBOURG 925-934
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April 10, 11 & 12, 2013 - LONDON
ORDER OF SALE
Day Two
Thursday 11 April
Afternoon Session commencing at 2.00 p.m (Lots 935-1537)
MACAO 935-951
MADAGASCAR 952-960
MALAWI 961-973
MALAYA/MALAYA AND
BRITISH BORNEO 974-992
MALAYSIA 993-995
MALTA 996-1005
MARTINIQUE 1006
MAURITANIA 1007-1008
MAURITIUS 1009-1017
MOROCCO 1018
MEXICO 1019-1022
MOZAMBIQUE 1023-1027
NAMIBIA 1028-1029
NEPAL 1030-1035
THE NETHERLANDS 1036-1039
NETHERLANDS ANTILLES 1040
NETHERLANDS INDIES 1041-1045
NEW CALEDONIA 1046-1053
NEW HEBRIDES 1054
NEW ZEALAND 1055-1070
NICARAGUA 1071-1072
NIGERIA (SOUTHERN NIGERIA) 1073
NORTH AFRICA 1074
NORTH KOREA 1075
NORWAY 1076-1078
OMAN/MUSCAT AND OMAN 1079-1093
PAKISTAN 1094-1100
PALESTINE 1101-1145
PERU 1146
PHILIPPINES 1147-1149
POLAND 1150-1164
PORTUGAL 1165-1183
PORTUGUESE GUINEA 1184-1185
PORTUGUESE INDIA 1186-1197
QATAR 1198-1200
QATAR AND DUBAI 1201-1211
REUNION 1212
RHODESIA 1213-1216
RHODESIA AND NYASALAND 1217-1228
ROMANIA 1229-1232
Day Three
Friday 12 April
RUSSIA 1233-1242
RWANDA 1243-1247
SAMOA 1248
SANTO DOMINGO 1249
SARAWAK 1250-1257
SAUDI ARABIA 1258-1265
SERBS, CROATS AND SLOVENES 1266
SEYCHELLES 1267-1276
SIERRA LEONE 1277
SINGAPORE 1278
SOMALIA 1279-1283
SOLOMON ISLANDS 1284
SOUTH AFRICA 1285-1316
SOUTH KOREA 1317-1318
SOUTHERN RHODESIA 1319-1324
SPAIN 1325-1334
STRAITS SETTLEMENTS 1335-1353
SUDAN 1354-1359
SURINAM 1360
SWEDEN 1361-1369
SWITZERLAND 1370-1373
SYRIA 1374-1418
TAHITI 1419-1426
THAILAND 1427-1436
TIMOR 1437-1438
TOGO 1439
TRINIDAD AND TOBAGO 1440-1454
TUNISIA 1455-1457
TURKEY/OTTOMAN EMPIRE 1458-1484
UNITED ARAB EMIRATES 1485-1488
UNITED STATES 1489-1493
URUGUAY 1494-1497
VENEZUELA 1498
VIETNAM/SOUTH VIETNAM 1499-1504
WESTERN SAMOA 1505-1507
YEMEN 1508-1511
YUGOSLAVIA 1512-1513
ZAMBIA 1514
ZAIRE 1515-1516
MISCELLANEOUS WORLD LOTS 1517-1537
Morning Session commencing at 10.00 a.m (Lots 1538-1690)
ENGLAND
Provincial Notes 1538-1541
Treasury Series 1542-1556
Bank of England 1557-1606
Armed Forces 1607-1610
Miscellaneous Lots 1611-1618
ISLE OF MAN 1619-1627
GUERNSEY 1628-1636
JERSEY 1637-1641
SCOTLAND 1642-1671
IRELAND 1672-1690
3

WORLD BANKNOTES
FOREWORD
Our World Banknote sales seem to get bigger and hopefully better with each passing
year. The April sale will certainly hit doorsteps with a satisfying thud (unless the cat is
sleeping on the mat!)
We have our usual offerings of archive type material, some beautiful essays and some jaw
dropping specimens. If you don’t like the East Africa 20 florins then you don’t like
banknotes (personal opinion). We have the Alan Cole Albania and Bulgaria collections,
a superb collection of Palestine, many ex Dabbah collection, and some unique Israeli
essays. There is also a group of low number Bank of England, always hard to find, and
the contents of a gorgeous engravers book of colour trials with hitherto unseen Palestine
and a ‘Ploughman’ set. Spectacular! A varied Commonwealth offering includes two
Seychelles number 1 notes and an Australian £10 number 1, the aforementioned East
Africa and a wide range of other issues. Strong Middle East with some splendid colour
trials, great Lebanon and Syria, Jordan and Iraq. We even have some items I have never
handled before. I love the Lithuanian presentation album of 1922, and the early Cuba
and Bank of Spain issues would be in my selection of the World’s most beautiful
banknotes in a heartbeat.
As always we hope that everyone finds something to appeal, good luck, and if nothing
else enjoy the catalogue (once you’ve lifted it off the cat!)
Barnaby and the team.
1325
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1
Afghanistan Rebellion issue, 50 afghanis, SH1307
(1928), serial number 105612, blue, red and green,
on light brown underprint, value at top left and right,
reverse green, three handstamps on obverse, one on
reverse (Pick 13), some water damage, thus about
extremely fine
£120-160
DAY ONE
WEDNESDAY 10 APRIL 2013
Afternoon Session
commencing at 1.00 p.m.
All Sales are subject to the Conditions of Business printed at the back of this catalogue
Estimates
The estimated selling price of each lot is printed below the lot description and does not include the Buyer’s Premium.
Bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.
They are subject to revision.
AFGHANISTAN
†2
Bank of Afghanistan, obverse die proofs (2), ND
(ca 1939), dark red portrait of King Muhammad Zahir
at left, text at centre (see Pick 21ff for portrait), good
extremely fine and rare (2)
£250-300
†3
Bank of Afghanistan, specimen 10 afghanis (4),
SH1318 (1939), red serial numbers prefixes
17/18/19/20, red-brown and multicoloured, King
Muhammad Zahir at left, arms top centre, reverse redbrown,
green, palace (Pick 23as), perforated
SPECIMEN, ink date ‘12.2.45’ in top margin, fresh
good extremely fine and rare (4)
£300-400
5
†4
Bank of Afghanistan, specimen 20 afghanis,
SH 1318 (1939), red zero serial numbers, dark purple,
specimen 50 afghanis, SH 1318, (1939), red zero
serial numbers, blue and multicoloured and specimen
100 afghanis, SH 1318 (1939), red zero serial
numbers, green and multicoloured, all King
Muhammad Zahir in field, arms top centre (Pick 24as,
25as, 26s), ink date in top margin, perforated, good
extremely fine, the 20 rare (3)
£500-800

WORLD BANKNOTES
x5
Bank of Afghanistan, 2, 5 and 50 afghanis, 1939,
brown, green and blue respectively, King Muhammad
Zahir and value at each corner (Pick 21, 22, 25), about
uncirculated (3)
£120-160
†6
Bank of Afghanistan, colour trial 500 afghanis,
SH 1318(1939), red zero serial numbers, green and
multicoloured, King Muhammad Zahir in red top left,
arms top centre, reverse brown and pale green, palace
at centre (Pick 27s), ink date ‘22.1.40’ in top margin,
also annotation ‘NEVER ISSUED’, damage at low left
otherwise good extremely fine and very rare
£400-600
†8
Bank of Afghanistan, an obverse and reverse
composite essay on board for a 10 afghanis, ND
(1970), zero serial numbers, brown and pale pink and
green, King Muhammad Zahir at left, arms low centre,
reverse grey and white, archway and castle on a hill,
also an obverse essay for a 20 afghanis, SH 1333
(1954), blue, King Muhammad Zahir at left, arms at
right (Pick unrecorded types for series), unique (3)
£300-500
†7
Bank of Afghanistan, specimen 500 afghanis,
SH1318 (1939), red zero serial numbers, violet and
multicoloured, King Muhammad Zahir at left, arms
top centre, reverse green, palace (Pick 27s), perforated
SPECIMEN, ink date ‘12.2.45’ in top margin, fresh
good extremely fine and a handsome note
£450-500
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†9
Bank of Afghanistan, an obverse and reverse
composite essay on board for a 2 afghanis, SH1340
(1962), zero serial numbers, green and pale pink, King
Muhammad Zahir at left, arms low centre, reverse
green and pale blue, tree at centre, reverse obverse and
reverse 5 afghanis on board, SH1340 (1962), lilac and
pale green, King Muhammad Zahir at left, reverse
lilac, ancient archway (Pick unrecorded denominations
and types for series), unique (4)
£500-800

April 10, 11 & 12, 2013 - LONDON
THE ALAN COLE COLLECTION OF ALBANIA
10
Albania regional issues - Korce, Series A, 1 ⁄2 franc, 1
March 1917, serial number 02169, brown on green
underprint, 1 franc, 1 March 1917, serial number
00483, black on red-brown underprint, Series B,
1
⁄2 franc, 25 March 1916, brown on green underprint,
1 franc, 25 March 1917, serial number 03920, black
on red-brown underprint, all with double headed
eagle at centre, flanked by values (Pick S141-S144),
first two about extremely fine, last two about very fine,
scarce (4)
£220-260
12
Albanian Republic, Korce Region, 1
⁄2 franc, 1
November 1918, serial number 04483, blue and
green, red hand stamp on obverse, reverse green, city
scene, 1 franc, 1 November 1918, serial number
11005, red blue and red, blue hand stamp on obverse,
reverse red, city scene (Pick S147, S148), first about
uncirculated, second very fine, very scarce (2)
£120-160
11
Albania regional issues - Korce, Series C, 1 ⁄2 franc, 10
October 1917, serial number 07428, brown on green
underprint, 1 franc (3), 10 October 1917, serial
numbers 11909, 12393 and 13879, black on brown
underprint, all with double headed eagle at centre,
flanked by values (Pick S145, S146), some colour
variation, last note very fine, others extremely fine, scarce
(4)
£220-260
13
Albanian Republic, Korce Region, 1
⁄2 franc, 1
December 1918, serial number 03072, blue and
green, red hand stamp on obverse, reverse green, city
scene, 1 franc, 1 December 1918, serial number
04417, red blue and red, blue hand stamp on obverse,
reverse red, city scene (Pick S149, S150), first good
extremely fine, second very fine, very scarce (2)
£200-250
7

WORLD BANKNOTES
14
Territoire de Koritza - Korce, 1 skender, 1 August 1921,
serial number 00351, black and red on green underprint,
Skanderbeg at left, value at right, violet hand stamp on
reverse (Pick S156), good extremely fine and rare
£220-260
15
Territoire de Koritza - Korce, 2 skender, 1 August
1921, serial number 09, green and red on yellow
underprint, Skanderbeg at left, value at right, small
oval hand stamp on reverse (Pick S157), a very low
serial number, good very fine and rare
£450-550
17
Territoire de Koritza - Korce, 0.10 franga argjent, 1
January 1923, serial number 2275, dark blue on red
underprint, 2 signatures in black, reverse with double
headed eagle at centre, large pink hand stamp (Pick
S162), perforated top and bottom edge, good extremely
fine, rare
£250-300
16
Territoire de Koritza - Korce, 1 skender, 9
November 1921, serial number 17843, brown on dark
green underprint, farmer and ox ploughing at left,
value at right, blue hand stamp at top right (Pick
S160), good extremely fine, rare
£220-260
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18
Territoire de Koritza - Korce, 0.25 franga argjent, 1
January 1923, serial number 15195, red on green
underprint, 2 signatures in black, reverse with double
headed eagle at centre, large blue hand stamp (Pick
S163), perforated top and right edge, good extremely
fine, rare
£280-320

April 10, 11 & 12, 2013 - LONDON
19
Albania regional issues - Shkoder, 5, 10 and 20
qindtar, 30 January 1920, no serial numbers, black on
terracotta underprint, brown, buff and pale yellow
paper respectively, value at centre (Pick S171, S172,
S173), about uncirculated and extremely scarce (3)
£240-280
21
National Bank of Albania, specimen 5 lek, ND
(1925), zero serial numbers, brown on green, grey and
pink underprint, eagle at low centre, value at top left
and right (Pick 1s), red overprint ANNULLATO,
about uncirculated, one of only a very few examples
believed extant
£800-1,000
20
East Pasha Shemendefer, 10 para, purple, 1 grush,
purple and 1 grush, blue, negotiable fiscal stamps,
railways issue for Montenegro siege, authentic but
legality doubted by some (unlisted), first two about
uncirculated, last blurred during printing, extremely
fine, rare (3)
£280-320
22
National Bank of Albania, specimen 5 franka ari,
ND (1926), serial number A00, 000, green on pale
mauve underprint, King Ahmet Zogu at left, also an
issued 5 franka ari, serial number N67, 337 (Pick 2s,
2a), first cancellation holes, overprinted
ANNULLATO, good extremely fine, second about very
fine (2)
£140-180
9

WORLD BANKNOTES
23
National Bank of Albania, specimen 20 franka ari,
ND (1926), zero serial numbers, also issued 20 franka
ari (2), serial numbers E93, 264 and F24, 456, dark
blue on orange-yellow underprint, youth at left,
double eagle at top centre, value at each corner (Pick
3s, 3a), first with cancellation holes, overprinted
ANNULLATO, about uncirculated, others good very
fine and very fine, first scarce (3)
£120-160
26
National Bank of Albania, specimen 100 franka ari,
ND (1926), zero serial numbers, deep lilac on
multicolour underprint, King Zogu at right, Gomsiqe
Bridge at centre, value at low left and right (Pick 4s),
cancellation holes, perforated SPECIMEN, overprinted
ANNULLATO, about uncirculated and rare
£250-300
24
National Bank of Albania, specimen 20 franka ari,
ND (1926), zero serial numbers, dark blue on orangeyellow
underprint, youth at left, double eagle at top
centre, value at each corner (Pick 3s), cross cancelled in
black, cancellation holes, overprinted ANNULLATO,
about uncirculated and this type very rare
£250-300
27
National Bank of Albania, Italian Occupation, 5
franga, ND (1939), serial number B6 8079, blue on
green and yellow underprint, 20 franga, ND (1939),
serial number P20 8275, multicolour, and 100 franga,
ND (1940), serial number T10 5905, brown on
multicolour, woman with sheaves and sickle at left
(Pick 6, 7, 8), first two about uncirculated, last about
extremely fine (3)
£180-220
†25
National Bank of Albania, uniface obverse colour
trial 100 franka ari, ND (1926), dark blue and
multicoloured, King Zogu at right, bridge over river
low centre, value low left and right, crown top left and
right, also a colour trial 100 franka ari, ND (1926),
serial number A 000000, purple and multicoloured
(Pick 4 for type), perforated SPECIMEN, good
extremely fine, very rare and attractive (2)
£600-800
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April 10, 11 & 12, 2013 - LONDON
28
National Bank of Albania, Italian Occupation, 5
franga, ND (1939), serial number L40 9224, blue on
green and yellow underprint, 20 franga, ND (1939,
serial number H26 2743, multicolour, and 100
franga, ND (1940), serial number L8 0937, brown on
multicolour, woman with sheaves and sickle at left
(Pick 6, 7, 8), generally about very fine (3)
£80-120
31
Peoples Republic of Albania, 20 franga (3), ND
(1945), serial numbers A22 2433, C18 7747 and O22
6956, multicoloured, second a colour variety, Roma at
low centre, also 100 franga (2), ND (1945), serial
numbers A11 5071 and L5 7862, purple and brown
on orange and green, all five with rectangular
overprint at left (Pick 13, 14), fine to very fine, last note
about extremely fine, scarce (5)
£200-250
29
National Bank of Albania, 5 franga, ND (1939),
serial number F31 3143, blue, green and yellow, 2 lek,
purple on orange, 5 lek (2), blue on yellow, and 10 lek
(2), black on orange and brown, all ND (1940) (Pick
6, 9, 10, 11), both 10 lek extremely fine, others fine to
very fine (6)
£100-150
32
Peoples Republic of Albania, 5 (2), franga, green,
blue and tan, 20 franga, blue, brown and tan, 100
franga, purple, green and tan, and 500 franga, brown
and blue, 1 May 1945, Skanderbeg at left (Pick 15-
18), about uncirculated (5)
£250-300
30
Peoples Republic of Albania, 20 franka ari (2), ND
(1945), serial numbers C91, 722 and G80, 533, dark
blue on orange-yellow underprint, rectangular
overprint at right, also National Bank of Albania, 2 lek,
5 lek (2) and 10 lek (2), ND (1940) (Pick 12a, 12b,
9, 10, 11), first very good, second about extremely fine
and scarce in this grade, others fine to very fine (7)
£200-250
33
Peoples Republic of Albania, 5 franga, green, blue
and tan, 20 franga, blue, brown and tan, 100 franga,
purple, green and tan, and 500 franga, brown and
blue, 1 May 1945, Skanderbeg at left (Pick 15-18),
extremely fine to about uncirculated (4)
£220-260
11

WORLD BANKNOTES
37
Peoples Republic of Albania, 10 (2), 50 (2), 100
(2), 500 (3) and 1000 lek, 1949, Skanderbeg, soldier
and arms, with industrial and agricultural scenes (Pick
24-27A), good extremely fine to about uncirculated,
higher denominations scarce (10)
£100-120
34
Peoples Republic of Albania, 10, 50, 100, 500 and
1000 lek, 1947, all with soldier at right, double eagle
at left, value at centre (Pick 19-23), about
uncirculated, higher denominations scarce (5)
£220-260
38
Peoples Republic of Albania, foreign exchange
certificates, 5, 10, 50, 100 and 500 lek, 1953 issue,
crude printing, double eagle at right (Pick FX 5-9),
about uncirculated (5)
£80-120
39
Peoples Republic of Albania, a sizable group
including, 10 (2), 50 (2), 100 (3), 500 (2) and 1000
(3) lek, and specimen 50 lek, 1957 series (Pick 28-32,
29s), 1, 3, 5 (2), 10, 25, 50 and 100 (3), 1964 series
(Pick 33-39), 1 (2), 3, 5, 10 (3), 25, 50 (2) and 100
lek, and specimen 1, 3, 5, 10, 25, 50 and 100 lek,
1976 series (Pick 40-46 and 40s-46s), generally about
uncirculated (41)
£220-260
35
Peoples Republic of Albania, 10 (2), 50, and 1000
lek, 1947, all with soldier at right, double eagle at left,
value at centre (Pick 19, 20 and 23), about
uncirculated, 1000 lek scarce (4)
£100-150
36
Peoples Republic of Albania, specimen 500 and
1000 lek, 1947, soldier at right, double eagle at left,
value at centre (Pick 22s-23s), red overprint
SPECIMEN, good extremely fine (2)
£350-400
40
Peoples Republic of Albania, specimen 100 lek (2),
1976 issue, zero serial numbers, one blue, one brown,
on green and multicolour underprint, steel worker at
left, factory at centre (Pick 46Aa, 46Ab), about
uncirculated and very scarce (2)
£200-250
41
Peoples Republic of Albania, 100 and 500 (2) lek,
1991, 1000 leke, 1995, and 200 and 500 leke, 2001,
(Pick 47, 48, 61a, 67, 68), extremely fine to
uncirculated (6)
£100-150
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
42
Consell General de les Valls d’Andorra, 1 pesseta,
1936 first issue, serial number 005020, blue on mauve
underprint, and 1 pesseta, 1936 second issue, serial
number 08553, brown on orange underprint, both with
arms at top centre and in underprint, value at top left
and right, reverse text (Pick 1, 5), first issue with mauve
hand stamp on reverse, good fine, very rare, second issue
uncirculated, scarce (2)
£500-700
ANDORRA
43
Consell General de les Valls d’Andorra, 5 pessetes,
first issue, 19 December 1936, serial number 026111,
blue on pale green underprint, arms at top centre and
in underprint, value at each corner, reverse text (Pick
3), mauve hand stamp on reverse at low right, central
vertical and horizontal fold, a fresh and attractive
extremely fine, a great example of a rare note
£1,800-2,200
45
Consell General de les Valls d’Andorra, 2 pessetes,
second issue, 19 December 1936, serial number
00420, brown on pale green underprint, arms at top
centre and in underprint, value at each corner, reverse
blue, text (Pick 7), fresh and original, about
uncirculated, rare in this grade
£1,200-1,600
44
Consell General de les Valls d’Andorra, 10 pessetes,
first issue, 19 December 1936, serial number 000463,
blue on pale green underprint, arms at top centre and
in underprint, value at top left and right, reverse text
(Pick 4), mauve hand stamp on reverse at low right,
central fold, a lovely and fresh good extremely fine, very
rare and a beautiful example
£3,200-4,200
46
Consell General de les Valls d’Andorra, 5 pessetes,
second issue, 19 December 1936, serial number
003068, brown on pale green underprint, arms at top
centre and in underprint, value at each corner, reverse
blue, text (Pick 8), embossed stamp at left, original and
fresh about uncirculated, very rare in this grade
£2,500-3,500
13

WORLD BANKNOTES
ANGOLA
†47
Banco Nacional Ultramarino, Angola, specimen
1000 rs., Loanda, 1 March 1909, red serial numbers,
black, green and pale orange, red steamship seal III at
right, specimen 2500 rs., 1 March 1909, red serial
number 650001-750000, black, green and pale
orange, Vasco de Gama at left, the passage of ships at
the Cape of Good Hope, red steamship seal III low
centre also specimen 5 mils rs., 1 March 1909, red
serial number 270001-370000, colour and design of
2500 rs. (Pick 28s, 30s, 32s), ink date ‘21’ in top
margin, perforated CANCELLED, good extremely fine,
rare and attractive
£800-1,000
49
Republica Portuguesa, Angola, colour trial 1
angolar, decree of 1926, red and pale orange, Paulo
Dias de Novaes at left, palm trees in field, arms top
left, reverse red, waterbuck (Pick 64ct), mounting
traces, black De la Rue seal low right, good extremely
fine and rare
£300-500
50
Republica Portuguesa, Angola, colour trial
2 1 ⁄2 angolares, decree of 1926, blue and orange, Paulo
Dias de Novaes at left, palm trees in field, arms low
centre, reverse blue, Black Rhinocerous at centre (Pick
65ct), mounting traces, red De la Rue seal low right,
good extremely fine and rare
£300-500
†48
Banco Nacional Ultramarino, Angola, specimen 20
milreis, Loanda, 1 March 1909, red serial number
200001-270000, black, pale blue and pale orangebrown,
Vasco de Gama at left, his departure in 1497
at right, arms and steamship seal III at centre, reverse
red and pale orange, maiden and boats at centre, value
at left and right (Pick 36s), ink date ‘9.11.21’ in top
margin, perforated CANCELLED, good extremely fine,
attractive and rare
£600-800
WWW.SPINK.COM
†51
Republica Portuguesa, Angola, colour trial 2 1 ⁄2
angolares, 1926, blue and orange, De Novaes at left,
arms low centre, also specimen 2 1 ⁄2 angolares, purple
and green, De Novaes at left, specimen 2 1 ⁄2 angolares,
purple and pale green, 1948, siege scene (Pick 65ct,
69s, 71s), all De la Rue seals, good extremely fine and
rare (3)
£600-800

April 10, 11 & 12, 2013 - LONDON
52
Republica Portuguesa, Angola, colour trial 5
angolares, decree of 1926, brown and green, Paulo
Dias de Novaes at left, palm trees in field, reverse,
brown, elephant (Pick 66ct), mounting traces, blue De
la Rue seal low right, good extremely fine and rare
£300-500
55
Republica Portuguesa, Angola, colour trial 50
angolares, 1 June 1927, red serial number 1C 00000,
violet and pink, Salvador Correia at centre, waterfall in
field, value top left and right, arms top left, reverse
violet, leopard at centre (Pick 74ct), mounting traces,
perforated CANCELLED, good extremely fine and rare
£600-800
53
Republica Portuguesa, Angola, colour trial 10
angolares, decree of 1926, green and pink, allegorical
village scene, bridge and mountain at right, arms top
centre, reverse green, lion (Pick 67ct), mounting
traces, red De la Rue seal low right, good extremely fine
and rare
£300-500
56
Republica Portuguesa, Angola, colour trial 100
angolares, 1 June 1927, red serial number 1B 00000,
green and pink, Salvador Correia at left, flamingos and
jungle river in field, value top left and right, arms top
centre, reverse green, crocodile at centre (Pick 75ct),
mounting traces, perforated, good extremely fine and
rare
£1,000-1,200
54
Republica Portuguesa, Angola, colour trial 20
angolares, 1 June 1927, black serial number 2D
00000, red and lilac, Salvador Correia at centre, jungle
river in field, value top left and right, arms low left,
reverse red, hippopotamus at centre (Pick 72ct),
mounting traces, perforated, good extremely fine and
rare
£400-600
15

WORLD BANKNOTES
57
Republica Portuguesa, Angola, colour trial 500 angolares,
1 June 1927, red serial number A 000000, blue and green,
Salvador Correia at left, shoreline and palm trees at centre,
value right centre and at each corner, arms top right centre,
reverse blue, eagle (Pick 76ct), mounting traces, perforated,
good extremely fine and rare
£1,500-2,000
†58
Republica Portuguesa, Angola, an obverse
composite essay on board for a 1 angolar, 28 March
1942, serial number Sr 000000, green, Dutch
prisoners and galleons in Luanda, arms top left (Pick
70 for similar dated 1948), unique and attractive
£250-450
x59
Banco de Angola, 5 angolares, 1 January 1947, serial
number 34 EQm 000001, brown and blue on yellow
underprint, General Carmona at right, men planting
trees at left, arms at top centre, reverse green on
multicolour, two women at left, monument at right,
arms at top centre (Pick 77), about uncirculated to
uncirculated and a fantastic number
£150-250
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
60
Banco de Angola, specimen 20 Angolares, ND
(1951), serial number 51ZD 0000, purple and black,
Correia at right, reverse brown, reconquest of Luanda,
specimen 50 Angolares, 1 March 1951, serial number
41BN 00000, green and black, Pereira at right, reverse
founding of Benguela, and Specimen 100 Angolares, 1
March 1951, serial number 26PM 00000, blue and
brown, Coutinho at right, reverse violet, explorers and
Africans, all overprinted with De la Rue Specimen oval
on obverse, the first in black, the remainder in red
(Pick 83s, 84s, 85s), very slight mounting traces
otherwise uncirculated, rare (3)
£350-550
62
Banco de Angola, a set of specimens of the 15 August
1956 issue comprising 20 Escudos, serial number
1VA000000, lilac, Porto at right, reverse gazelles, 50
Escudos, serial number 20BO 000000, green,
Carvalho at right, reverse wildebeest, 100 Escudos,
serial number 10Un000000, blue, Pinto at right,
reverse purple, elephants, 500 Escudos, serial number
10AN00000, red, Ivens at right, reverse, rhinoceros,
and 1000 Escudos, serial number 10AOG000000,
brown, Capelo at right, reverse grey, sable herd, all
overprinted SPECIMEN in red or black with two De
la Rue Specimen ovals on obverse and reverse (Pick
87s, 88s, 89s, 90s, 91s), mounting traces otherwise
about uncirculated (5)
£300-500
61
Banco de Angola, specimen 1000 Angolares, 1
December 1944, serial number 10YV00000, carmine,
black and multicoloured, D. Joao II at right, reverse
purple, the return of Diego Cao, perforated
CANCELLED (Pick 82s), mounting traces otherwise
about uncirculated, a bold and fresh note, rare
£800-1,200
†63
Banco de Angola, an obverse and reverse composite
essay on board for a proposed issue of 50 escudos, 15
August 1956, serial number 20B0 0000000, blue and
multicoloured, Americo Thomas at right, airport at
centre, reverse blue, animals at a waterhole (Pick 93
for similar), date on board ‘26.1.62’, unique and
attractive (2)
£300-400
17

WORLD BANKNOTES
ARGENTINA
66
Banco del Litoral, specimen 1 real, 1 October 1875,
serial number 200001, series C, uniface, black on
orange paper, two swans at right, value at left and each
corner (Pick S1703s), cancellation hole, perforated
lower edge, about uncirculated, scarce
£60-80
†64
Banco de Angola, specimen 100 escudos, red and
specimen 1000 escudos, blue, 10 June 1962, also
another specimen pair dated 1970, Americo Thomas
in field (Pick 95s, 96s, 97s, 98s), perforated, good
extremely fine and scarce (4)
£300-400
ANTIGUA
†67
El Banco de San Juan, Argentina, specimen 1 peso,
ND (ca 1876), serial number 006001, serie D, black
and pink, condor at left, value at right, value at each
corner, red and green, head of Liberty at left and right
(Pick 1880s), perforated, uncirculated and very rare
£400-600
65
Antigua Treasury, partial black and white engraved
proof on card for a £1, ornate border with ANTIGUA
TREASURY and ONE POUND in white, value in
engraved ovals at top left and right, Antigua coat of
arms at top centre (unlisted), pencil date 1/3/36, about
extremely fine, interesting and very rare
£150-250
†68
El Banco de San Juan, Argentina, specimen 5 pesos,
ND (ca 1876), serial number 006001, serie D, black,
lilac and green, Liberty at centre, sheep at left, arms at
right, value at each corner, green and lilac, head of
Liberty at left and right (Pick 1881s), perforated,
uncirculated and very rare
£600-800
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†69
El Banco Nacional, Argentina, specimen 10 pesos, 1
January 1881, serial number B 000000, black and
white, a pale blue guilloche at centre, maiden at left,
arms top centre, President Roca at right, reverse green,
value at left and right (Pick S697s), perforated,
uncirculated and rare
£500-700
†72
The Bank of South Australia Limited, specimen £1,
Melbourne, 1 April 1887, serial number C090001-D
090000, black and white, bank building top centre,
head of a maiden top left, value top right, reverse
brown, value at centre (Vort-Ronald type 3c), pencil
date ‘May 7-87’ in top left margin, perforated
SPECIMEN, good extremely fine and rare
£2,000-3,000
†70
El Banco Nacional, Argentina, specimen 20 pesos, 1
January 1881, serial number B 000000, pink, blue and
green, maiden and arms at left, arms top centre, Dean
Funes at right, reverse brown and blue-green, head of
Columbus at left and right, value at centre (Pick
S699s), perforated, uncirculated and rare
£600-800
AUSTRALIA
†73
The Bank of Van Diemens Land Limited, specimen
£1, Hobart, 1 July 1881, serial number 00001-10000,
black, blue and green, turreted maiden top centre with
symbols of harvest, value at centre and at each corner,
reverse green and blue, value at centre, female head at
left and right (Vort-Ronald 4), ink date ‘23 Set 81’ in
top left margin, perforated, good extremely fine and very
rare, attractive
£3,000-4,000
†71
Bank of New Zealand, specimen £1, Sydney, N.S.W.,
18- (1885), serial number 9/00001-9/05000, black,
mauve and pale orange, Maoris and landscape at left,
NSW in border above and below, reverse brown, value
at centre (Pick S unlisted, Renniks MVR 3), pencil date
‘Feb 9-85’ at top on counterfoil, perforated, good
extremely fine and very rare
£2,000-3,000
19

WORLD BANKNOTES
†74
Bank of Victoria Limited, specimen £10,
Melbourne, 19-, serial number B 0001-B 10000,
green and black, Queen Victoria at left, arms at right,
reverse green, three medallic heads of Queen Victoria
in field (Vort-Ronald type 3c), perforated SPECIMEN,
uncirculated, attractive and rare
£2,000-3,000
†76
National Bank of Australasia, specimen £5,
Adelaide, 1 July 1885, serial number 005001-015000,
black, blue and orange, Ceres low left in circular
frame, value low right, value in orange and blue low
centre, reverse blue and orange, value at centre,
medallic female head at left and right (Vort-Ronald
type 3), perforated, good extremely fine, attractive and
very rare
£2,500-3,500
†75
The City Bank, Sydney, specimen £5, 26 January
1866, serial number B 035001-B040000, black and
white, value in blue underprint at centre, maiden, emu
and allegorical symbols of Commerce at left, kangaroo
below, reverse blue and white, arms at centre, value at
left and right (Vort-Ronald type 2bs), perforated
SPECIMEN B.W. & Co. LONDON, pencil date ‘Apr
6-86’ in top margin, good extremely fine, attractive and
rare
£2,000-2,500
†77
National Bank of Australasia, specimen £10,
Melbourne, 1 January 1884, serial number 007001-
012000, green and pale salmon, maiden at left, value
at right, reverse green and pale orange, medallic female
head at left and right, value at centre (Vort-Ronald
type 3a), perforated SPECIMEN, uncirculated,
attractive and rare
£2,000-3,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x78
The Union Bank of Australia Limited, specimen £50, 1 March 1905, no serial
numbers, black on yellow underprint, Victoria at top left, Britannia with lion,
wallaby and ships at centre, value in tablet at centre and at each corner, reverse
brown, ornate design with Australian arms and values (Vort-Ronald type 236, type
3 for similar), cancellation holes, red overprint SPECIMEN NO VALUE and with
dark blue Waterlow & Sons stamp, pencil annotation in top margin and glue traces
on reverse at right, overall a fresh and original extremely fine, attractive and rare
£2,500-3,500
Commonwealth
†79
Western Australian Bank, specimen £1, Perth, 1
June 1904, serial number 550001-600000, black and
white, value in blue underprint at centre, black swan
top centre, reverse blue and white, value at centre
(Vort-Ronald type 3c), perforated SPECIMEN,
uncirculated and rare
£2,000-3,000
x80
Commonwealth of Australia, £1, ND (1918), black
serial number A780675R, green, blue and orange,
arms at centre, value at left and right, Cerutty and
Collins signatures, reverse blue, green and pale red,
mining scene at centre (Pick 4d, Renniks 21), in PMG
holder 30, very fine, EPQ, rare
£1,800-2,200
21

WORLD BANKNOTES
x81
Commonwealth of Australia, £1, ND (1927), serial
number K/9 529278, green and orange, George V at
right, arms at left, Riddle and Heathershaw signatures
(Pick 16c, Renniks 26), in PMG holder 58, choice about
uncirculated, EPQ
£1,200-1,800
82
Commonwealth of Australia, £1, ND (1933-38),
serial number L/49 931969, dark green on red
underprint, George V at right, arms at top centre,
value at each corner, reverse green, frieze showing
sheep shearing (Pick 22a, Renniks 28), good very fine
£250-350
A Superb Serial Number 1 £10 Note
83
Commonwealth of Australia, specimen £10, ND (1952), serial number V/24
000001, red-brown and very pale green, George VI at centre, arms at left, value at
centre and at each corner, Coombs-Wilson signatures, reverse red-brown, an
allegorical scene of Agriculture at right, value at centre and at each corner (Pick 28d,
Renniks R 61Ls), cross cancelled and perforated CANCELLED, uncirculated and
very rare, a lovely note
£18,000-24,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x89
Reserve Bank of Australia, $10 (20), ND (1988),
serial numbers AB 50737798-7817, orange-brown
and blue, aborigine at centre, hologram at right,
Johnston and Fraser signatures (Pick 49b),
uncirculated (20)
£200-250
84
Commonwealth of Australia, specimen £5, ND
(1954), serial number TA/00 000012, blue and black,
Sir John Franklin at right, arms top left, value at centre
and at each corner, Coombs-Wilson signatures, reverse
blue, an allegorical scene of farming and produce and
aboriginal symbols at centre (Renniks R15Fs), red
SPECIMEN overprint, very slight staining on reverse at
low right, good extremely fine and very rare
£14,000-18,000
90
Australia, Hay Internment Camp note, 2/-, Hay, 1
March 1941, serial number E 39222, black, top red
and white, barbed wire border and in background at
centre, arms of a ram flanked by a kangaroo and an
emu low centre, manuscript signature of Epstein low
left and Stahl low right, reverse pale pink, rams in
background detail (Renniks type 3/8, Schwan-Boling
553b), good fine and rare
£600-800
x85
Commonwealth of Australia, £10, ND (1960-
1965), serial number WA/59 758478, black and pink,
Governor Philip at left, arms top centre, Coombs
Wilson signatures, reverse red, maiden (Science) at
right (Pick 36, Renniks 63), in PMG holder 55, about
uncirculated, EPQ
£200-300
AUSTRIA
x86
Commonwealth of Australia, $1 (3), $2 (3), all
Knight and Stone signatures, ND (1979), $5 (3), $10
(3), $20 (3), all Johnston and Fraser signatures, ND
(1985), all are in consecutive runs (Pick 42d, 43c, 44e,
45e, 46e), uncirculated (15)
£200-250
x87
Commonwealth of Australia, $50 (3), ND (1985),
serial numbers YSB 311406/407/408, green and
multicoloured, Lord Florey at right, Johnston and
Fraser signatures (Pick 47e), uncirculated (3)
£200-250
x88
Commonwealth of Australia, $100 (3), ND (1985),
serial number ZED 826332/333/334, pale blue and
grey, Sir Douglas Mawson at centre, Johnston and
Fraser signatures (Pick 48b), uncirculated (3)
£200-250
91
Wiener Commissions-Bank, Cassen-Schein, 500
gulden, Wien, 30 May 1872, serial number 0042,
black, grey and white, pale blue central guilloche,
value in blue top left and right, 4 1 ⁄2 percent in blue low
right, allegorical maiden at left and right, manuscript
signatures below, reverse ‘ZINSEN-TABELLE’ (Pick
unlisted), small perforations, an original and attractive
very fine with strong fabric to the paper, very rare
£1,500-2,000
23

WORLD BANKNOTES
92
Wiener Commissions-Bank, Cassen-Schein, an unissued
1000 gulden, Wien, 187-, serial number 0520, black, green
and white, pale green central guilloche, value in green top
left and right, green 8 low left, allegorical maiden at left and
right, reverse ‘ZINSEN-TABELLE’ a handsome good very
fine and very rare
£1,500-2,000
93
Wiener Wechselsturen Gesselschaft in Prag, an
unissued 100 gulden, Prag, 18-, black and white, value
at centre and left and right with reddish tint to
background, angel and arms at left, two cherubs at
right with anchor, Caduceus and book good fine and
very rare
£1,000-1,500
94
Die Oesterr. Ungar Escompte-und Creditbank,
500 gulden, 18-, red serial number 0281, value in red
at centre and top left and right, Imperial arms low
centre, arms in mauve-brown central motif, reverse
‘ZINSEN-TABELLE’ (Pick unlisted), a pleasing very
fine and very rare
£1,000-1,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
95
Wiener Stadt Banco, 5 gulden, 1 August 1796, serial
number 1330978, black and white, value in black
tablet top centre, embossed seals top left and right,
watermarked paper (Pick A22a), almost very fine, scarce
£300-400
96
Wiener Stadt Banco, 10 gulden, 1 August 1796,
serial number 550157, black and white, value in black
tablet top centre, embossed seals top left and right,
manuscript signature low left, watermarked paper
(Pick A23), some splitting thus about fine, rare
£350-450
25

WORLD BANKNOTES
97
Wiener Stadt Banco, 100 gulden, 1 June 1806,
manuscript serial number in box low centre, black and
white with pink scroll work and text in field, the city
arms of Vienna low centre, printed signatures below,
embossed seal at left and right, reverse black and
white, text and manuscript annotation low left and
right (Pick A42a), good fine and rare
£150-200
99
Privelegirte Oesterreische National-Bank, 5 gulden,
1 January 1847, serial number It 648429, black and
white, allegorical heads at left and right, arms low
centre (Pick A75), good very fine, scarce
£200-300
98
Privilegirte Oesterreichische National-Bank, 5
gulden, 9 December 1833, serial number O 415192,
dark grey and white, value at left and right and top
centre, printed signatures low right (Pick A68), about
very fine, rare
£250-300
100
Privelegirte Oesterreische National-Bank, 10
gulden, 13 January 1863, green serial number Qm
143654, black and white, value in green at left and
right, three allegorical figures low centre, arms top
centre (Pick A75), about very fine, scarce
£250-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
101
Privelegirte Oesterreische National-Bank, 10
gulden, 1 July 1847, serial number De 987667, black
and white, allegorical helmeted female head at left and
right, turreted female head top centre, twin eagles and
arms low centre (Pick A83), an original very fine,
pleasing and rare
£400-500
103
K.K.Staats-Central-Casse, 50 gulden, 25 August
1866, serial number V 44, black and white, value in
blue-grey central guilloche, arms top centre, warrior
and lion at left, allegorical maiden at right, value in
wreath top left and right (Pick A152), small split at low
centre otherwise a presentable about very fine and rare
£400-600
102
K.K.Staats-Central-Casse, 50 gulden, 1 January
1851, serial number P 9091, black and white, arms
and angel top centre, the Emperor Joseph II, aide and
a farmer with plough team low centre, green tint low
left and right (Pick A137a), possible repair at centre,
good fine and rare
£500-700
104
K.K.Reichs-Central-Cassa, 50 gulden, 1 January
1884, red serial number D.13 2.00163, blue, medallic
head of the Emperor Franz Joseph top centre,
allegorical cherubs around, reverse as obverse (Pick
A155), perforated, good extremely fine and rare
£1,500-2,000
27

WORLD BANKNOTES
105
Wiener Commissions-Bank, Cassen-Schein, 1000
gulden, Wien, 15 June 1872, serial number 1483,
black, green and white, pale green central guilloche,
value in green top left and right, green 30 low left,
allegorical maiden at left and right, manuscript
signatures below, reverse ‘ZINSEN-TABELLE’
clipped around borders, fine and very rare
£600-800
106
Austro-Hungarian Bank, 100 gulden, 1 May 1880, red serial number
31489, blue and pale brown, cherub at left and right, reverse as obverse but
100 forintot and Hungarian text (Pick 2), creased otherwise almost very fine,
very rare and a key note for the series
£2,000-2,500
107
Austro-Hungarian Bank, 100 kronen, 2 January
1902, red serial number Serie 1012, 31155, pink and
dark green, maiden and child at left, blacksmith at
right, arms top left, reverse similar to obverse but
Hungarian text (Pick 7s), perforated MUSTER,
uncirculated and rare, attractive
£1,000-1,400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
111
Austrian National Bank, a selection of specimens
including specimen 10 schilling, 29 May 1945, blue,
‘ZWEITE AUSGABE’ low centre, maiden at centre, 5
schilling, 1945, green, 50 schilling, 1945, green, 100
schilling, 1947, red zero serial numbers, green and
lilac, girl at right, arms top centre (Pick 115s, 121s,
117s, 124s), red MUSTER overprint, good extremely
fine, scarce (4)
£200-300
108
Kriegsdarlehenskasse Kassenschein (War State
Loan Bank), 250 kronen, 26 September 1914, serial
number 07637, light and dark pink and dark green,
double headed eagle at left, three allegorical maidens
at right, reverse pink, text (Pick 26), perforated
MUSTER, small split at left otherwise good extremely
fine and rare
£250-300
112
Austrian National Bank, specimen 1000 schilling, 1
September 1947, red serial number 1005-46516, olive
green, maiden and statuette of Athena top right, arms
at left, ‘ZWEITE AUSGABE’ in text at left, reverse
olive, Salzburg and mountains (Pick 125s), perforated
and red MUSTER overprint, good extremely fine and
rare
£400-600
109
Kriegsdarlehenskasse Kassenschein (War State
Loan Bank), 2000 kronen, 26 September 1914, serial
number 25032, light and dark green and brown,
double headed eagle at left, three allegorical maidens
at right, reverse green, text (Pick 27), good extremely
fine and rare
£300-400
113
Austrian National Bank, specimen 10 schilling (2),
1950, purple, also specimen 1000 schilling, 2 January
1954, blue and multicoloured, A. Bruckner at right
(Pick 127s, 128s, 135s), red MUSTER overprint,
pinholes, good extremely fine and scarce (3)
£150-200
†114
Austrian National Bank, 500 schilling, 2 January
1953, brown, pink and pale blue, Wagner-Jauregg at
right (Pick 134a), fresh and original, extremely fine
£80-120
110
Kriegsdarlehenskasse Kassenschein (War State
Loan Bank), 10000 kronen, 26 September 1914,
serial number 48756, lilac and pink and dark green,
double headed eagle at left, three allegorical maidens
at right, reverse pink-brown, text (Pick 28), good
extremely fine and rare
£300-400
29

WORLD BANKNOTES
BAHAMAS
An Exceptional 10 Shillings of 1930
x115
Bahamas Government, 10/-, Law of 1919 (1930), serial number A/1
101420, red and pale orange, George V at right, ship seal at left, reverse
red, arms at centre (Pick 6a), in PCGS holder 40, extremely fine, PPQ,
extremely rare and one of the finest examples believed extant
£3,000-3,500
x116
Bahamas Government, £1, ND (1930), red serial
number A/1 13799, black, pale blue and orange,
George V at right, ship seal at left, reverse brown and
white, arms at centre (Pick 7), very fine, pleasing and
scarce, especially in this grade
£400-600
x117
Bahamas Government, £1, ND (1919), red serial
number A/1 165181, black and pale yellow, George
V at right, ship seal at left, reverse brown, arms at
centre (Pick 7), in PMG holder 25, very fine, scarce
£200-300
x118
Bahamas Government, £5, law of 1936, red serial
number A/2 186016, blue and pale orange, George
VI at right, value at left, Higgs, Latreille and Burnside
signatures, reverse orange-pink, blue and green,
galleon at left, value at right (Pick 12b), an original
and fresh uncirculated thus rare, a superb example
£1,000-1,500
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April 10, 11 & 12, 2013 - LONDON
119
Central Bank of the Bahamas, $10, ND (1974), serial
number K160804, black, lilac and pale yellow, Elizabeth II
at left, Allen signature (Pick 35a), about uncirculated and
scarce
£200-250
x120
Central Bank of the Bahamas, $1 (5), L.1974
(1984), consecutive serial numbers B249586-91,
green, $3 (5), L.1974 (1984), consecutive serial
numbers A908158-62, red, both Elizabeth II at right,
value at each corner, also $1 (5), ND (1992),
consecutive serial numbers C888170-74, blue and
multicolour, Columbus at right, (Pick 43a, 44a, 50a),
about uncirculated or better (15)
£100-120
x121
Central Bank of the Bahamas, $1 (8), law of 1974,
serial numbers B 249592-599, green, Elizabeth II at
right, Allen signature, also $3 (5), serial numbers A
908176-180, red, Elizabeth II at right, Allen signature
also Central Bank $1 (4), ND (1992), blue, Columbus
and the first landfall (Pic 43a, 44, 50a), about
uncirculated or better (17)
£100-150
BANGLADESH
†123
Bank of Bangladesh, an obverse composite essay for
a 10 taka, ND (ca 1972), serial number A000000,
brown and pale yellow, green and lilac, tiger at left
(Pick unrecorded), unique
£350-450
BAHRAIN
122
Bahrain Currency Board, a set of Franklin Mint
specimens of the 1964 issue (6 notes), also an
incomplete specimen set of the same series, missing
the 100 fils (5 notes), an issued 100 fils of the same
series and a Bahrain Monetary Authority, specimen 20
dinars, L.1973, (Pick 1-6, 11), uncirculated (13)
£100-150
†124
Bangladesh Bank, specimen 10 taka, ND (1973),
green and multicoloured, Mujbur Rahman at right,
specimen 5 taka, ND (1977), brown, specimen 10
taka, ND (1977), purple and a specimen 50 taka, ND
(1976), orange, the Star Mosque in Dhaka at right
(Pick 14s, 15s, 16s, 17s), perforated, red SPECIMEN
overprint, uncirculated and rare (4)
£350-550
31

WORLD BANKNOTES
BARBADOS
x126
Government of Barbados, $1, 1 January 1949, serial
number B/V 177992, purple and green, George VI at
right, King in biga drawn by hippocamps at left,
reverse purple (Pick 2c), almost very fine
£100-150
†127
Barclays Bank (Dominion, Colonial and Overseas),
an obverse and reverse colour trial for a £1, ND (ca
1926), purple-brown, green and orange, arms at
centre, value at left and right reverse purple and pale
blue, arms at centre, value at left and right (Pick S141
for type), perforated SPECIMEN, good extremely fine
and rare
£350-450
†125
Government of Barbados, a set of two bromides
showing a design for a $2 note, with the issue date 1
April 1914, serial numbers A/1 00000, obverse
showing Queen (Amphitrite?) in chariot drawn by
hippocamps at centre, value in large tablet at centre
and at each corner, reverse shows helmeted goddess at
the centre of a large ornate vignette. Both are
mounted on yellow paper, on the reverse of which is a
true copy of a letter dated 19 August 1913 from
W.L.C.Phillips, Acting Colonial Secretary, making
enquires about issuing Barbados currency notes of
small denomination, and addressing issues of numbers
and costs. Also a small design for a hippocamp labelled
“Barbados Note” and dated “12 April 1935” with a
De la Rue handstamp (unlisted), both bromides hand
annoted with the date “13 Oct 1913” and labelled “A”
and “B”. Due to minor paper expansion/shrinkage, both
bromides are slightly torn at the top left and bent at the
low left. An important discovery, unique and
fascinating (4)
£200-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
BELGIAN CONGO
128
Banque du Congo Belge, 2 francs, ND (c.1942), serial
number K192002, black and white, ornate borders and
stylised landscape, white star at top right, value at centre and
low left, reverse value at left and right (Pick 12A), about
extremely fine, extremely rare and a recent discovery, no value
given in Pick
£1,800-2,200
x129
Banque du Congo Belge, 50 francs, ND (1941-42),
serial number 050256, serie A, black on multicolour
underprint, woman at right, value at centre left and
each corner, reverse leopard at centre, flanked by
values (Pick 16a), about fine and the rarest type of this
issue
£150-200
33
†130
Banque Centrale du Congo Belge et du Ruanda-
Urundi, a partially hand executed composite essay on
board for 50 francs, 10 September 1950, serial
number B 000000, red, pale green and orange, hut,
palm trees, railway line right centre, value low right,
star at each corner, Bank initials at left and right (Pick
unrecorded), unique, good extremely fine, a lovely
design
£400-500

WORLD BANKNOTES
†131
Banque Centrale du Congo Belge et du Ruanda-
Urundi, specimen 500 francs, 15 March 1953, serial
number A 000000, purple and multicoloured, young
girl top left, rapids low centre, orange star at centre,
reverse purple, okapi (Pick 28as), perforated, red
SPECIMEN overprint, mounting traces, ink date
‘4/2/52’ in top margin, good extremely fine, attractive
and rare
£500-700
133
Banque Centrale du Congo Belge et du Ruanda-
Urundi, specimen 20 francs, 1 December 1956, serial
number A 000000, green and pale orange, young boy
and reservoir, bank initials top centre, reverse green
and pink, young girl and falls, also a specimen 500
francs, 1 September 1957, serial number A 000000,
purple and multicoloured, dock scene, pink star low
left, reverse canoe, native and fruit, value low left and
top right (Pick 31s, 34s), faint mounting traces, good
extremely fine and rare, the 500 a handsome note (2)
£400-500
†132
Banque Centrale du Congo Belge et du Ruanda-
Urundi, 20 francs, 15 December 1953, serial number
K 477664, olive, girl at left, falls at centre, reverse
olive, building and young warrior (Pick 26),
uncirculated thus scarce
£140-180
134
Banque Centrale du Congo Belge et du Ruanda-
Urundi, specimen 20 francs, 1 June 1959, serial
number AM 000000, green and pale orange, young
boy and reservoir, bank initials top centre, reverse
green and pink, young girl and falls, also a specimen
500 francs, 1 June 1959, serial number B 000000,
purple and multicoloured, dock scene, pink star low
left, reverse canoe, native and fruit, value low left and
top right (Pick 31s, 34s), faint mounting traces, good
extremely fine and rare, the 500 a handsome note (2)
£350-450
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
BELGIUM
135
A selection of ‘Good fors’ from Belgium, France
and Germany of the First World War era,
comprising Stad Kortrijk cancelled 50 frank, Saint
Cornelis-Hoorebeke 1 frank, 1914, Amiens 50
centimes, 1914, Lons le Saunier 1 franc, Saint Hubert
50 centimes, 1914, Gelsenkirchener 100 mark, D’Eich
50 centimes and Mollau 10 marks, 1915 generally
extremely fine, interesting (8)
£80-120
†138
Government of Belize, colour trial $20, ND (1974),
no serial numbers, blue, green and pale orange,
Elizabeth II at right, arms at left, reverse orange and
brown, title at centre (Pick 37ct), red SPECIMEN
overprint, perforated, uncirculated and scarce
£400-600
†136
Banque Nationale de Belgique, specimen 1000
francs-200 belgas, 1 February 1943, red A 000001-F
1000000, violet and pale blue, Queen Elisabeth at left,
King Albert at right, allegorical maiden at centre,
reverse violet and blue, bank initials at low centre (Pick
125s), uncirculated, rare
£500-700
BELIZE
†139
Monetary Authority of Belize, specimen $1, green,
$5, red, $20, brown and $100, blue, all 1 June 1980,
prefixes A/1, J/1, T/1/X/1 respectively, Elizabeth II
at right centre, arms top left (Pick 38s, 39s, 41s, 42s),
perforated, red SPECIMEN overprint, almost
uncirculated and rare
£500-700
x140
Monetary Authority of Belize, $1, 1 June 1980,
prefix A/2, green and multicoloured, Elizabeth II at
right, arms at top left, also a $5, 1 June 1980, prefix
J/1, red, Elizabeth II at right, arms at top left (Pick
38a, 39a), uncirculated (2)
£100-150
†137
Government of Belize, colour trial $10, ND (1974),
no serial numbers, olive-green and pale orange,
Elizabeth II at right, arms at left, reverse green and
brown, title at centre (Pick 36ct), red SPECIMEN
overprint, perforated, uncirculated and scarce
£250-350
†141
Central Bank of Belize, specimen $1, 1986, green,
$5, 1987, red, $10, 1989, black and $100, 1983,
blue, all Elizabeth II at right, arms top left (Pick 43s,
476as, 48bs, 50as), all perforated and red SPECIMEN
overprint, uncirculated and rare (4)
£500-800
35

WORLD BANKNOTES
x142
Central Bank of Belize, $100, 1 November 1983,
serial number X/1 829596, blue and multicoloured,
Elizabeth II at right, arms top left, reverse blue, bank
building at centre (Pick 50a), in PGCS holder 67 PPQ,
superb gem new
£400-500
x143
Central Bank of Belize, $100, 1 November 1983,
serial number X/1 829548, blue and multicoloured,
Elizabeth II at right, arms top left, reverse blue, bank
building left centre (Pick 50a), uncirculated and a
rare type
£400-500
BERMUDA
x144
Bermuda Government, 5/-, ND (1935), serial
number B/1 30858, pink and green, George V at
centre, Colonial treasurer signature title, value in
green panel at left and right, reverse lilac and white,
galleon at centre, value at left and right (Pick 3b), in
PMG holder 25, very fine, rare, a pleasing example
£1,200-1,500
146
Bermuda Government, an attractive framed set of the
1952-66 issue, comprising 5/-, 1957, brown-purple,
10/-, red, 1957, £1, blue, 1957, £5, 1957, orange
and £10, 1964, purple, first two with Elizabeth II at
centre, others at right (Pick 18b, 19b, 20b, 21c, 22),
beautifully mounted in a vertical format gilt frame, the
£10 good very fine, balance original extremely fine or
better (5)
£400-600
x145
Bermuda Government, 10/-, 12 May 1937, serial
number R156705, red, George VI and Gates Fort at
centre, Young and Trinningham signatures (Pick 9),
almost extremely fine, scarce
£150-200
x147
Bermuda Government, £1, 1 May 1957, serial
number C/2 600238, blue on multicolour
underprint, Elizabeth II at right, bridge at left, no
security strip (Pick 20b), PMG 66, gem uncirculated,
EPQ
£200-250
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
BHUTAN
BRAZIL
152
Republica dos Estados Unidos do Brasil, a
specimen set of the Estampa “A” series (1953),
comprising 2 (2), 5 (2), 10 (2), 20 (2), 50, 100, 200,
500 (2) and 1000 cruzeiros (Pick 157as, 158as, 158cs,
159bs, 159es, 160s, 161s, 162s, 163s, 164s, 165s),
red De la Rue oval seal, perforated, faint mounting
traces, good extremely fine (9)
£220-320
†148
Royal Government of Bhutan, specimen 5, 10, 20,
50 and 100 ngultrum, ND (1981), J.Singye
Wangchuk or Jigme Dorji Wangchuk portraits on last
four notes (Pick 7s-11s), perforated, good extremely
fine and rare (5)
£250-350
BRITISH CARIBBEAN TERRITORIES
BOLIVIA
†149
El Banco del Commercio, Bolivia, specimen 10
bolivianos, 1 January 1900, serial number 000001-
010000, black, pink and green, maiden spinning at left
(Industry), Columbus at right, reverse red, arms at
centre (Pick S133s), perforated, uncirculated and rare
£400-600
†153
British Caribbean Territories, Currency Board, $2,
1 March 1964, serial number C2-000005, blue and
lilac, Elizabeth II at right, map at left, reverse blue,
arms (Pick 8b), fresh and original, almost uncirculated
and a lovely very low serial number
£350-550
BRITISH GUIANA
150
Banco Central de Bolivia, a set of specimens of the
law of 1945 series, comprising specimen 5, 10, 20 and
50 bolivianos, also specimen 100, 500, 1000, 5000
and 100000 bolivianos, second issue (Pick 138s, 139s,
140s, 141s, 147s, 148s, 149s, 150s, 151s), faint
mounting traces, good extremely fine, scarce (9)
£100-150
BOTSWANA
x151
Bank of Botswana, specimen 5, 10 and 20 pula, ND
(1992), zero serial numbers, violet, green and red
respectively on multicolour underprint, all with
President Masire at left, arms at top right, and value at
remaining three corners (Pick 11s, 12s, 13s),
overprinted SPECIMEN, specimen numbers in low
margin, about uncirculated or better (3)
£150-200
x154
Government of British Guiana, proof $1, ND (type
of 1920), red-brown, arms at left, value right centre
and in field (Pick 1Apr), cancelled, about uncirculated
£800-1,000
37

WORLD BANKNOTES
BRITISH HONDURAS
†155
Government of British Honduras, partial proof for $2 (4) mounted on card, 1 January
1895, each showing only the black portion of the note and the date and signature, reverses
fully printed in variety of colours. Each date and signature is printed in a different colour:
black, red, blue and green. On the reverse of the mounting are two handwritten letters dated
6th and 7th February 1895, discussing signature colour for this issue of the $2. Also a large
debossed coat of arms for British Honduras on watermarked paper (Pick 10a for type), notes
are very fine to extremely fine, a unique group of items, interesting and important (6)
£500-700
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
The following six lots form a complete set, demonstrating one of the checks
performed on proposed notes in the early 20th century. Each lot consists of a $1 note
which has been cut into three pieces. The left half has been
left untouched while the top right was heated with carbolic and the lower right was
heated with creosole. A tracing paper rubbing was then performed on these latter
two sections. This process was a method of testing colourfastness of various inks, and
the ability of the paper to hold its colour. Each of the six lots consists of all three
sections of note, plus the two rubbings, all backed on gridded and watermarked
paper. Interestingly while all these notes are $1, using the design of 1895, the
colours shown are those which were eventually used on the $1, $2, $5, $10, $50 and
$100 notes of 1924.
†156
Government of British Honduras, a colour test for
the $1 of 1924, blue and dark red, arms at top centre,
titled “Appendix A” and dated “5th May 1913”, (Pick
14 for type), unique and interesting
£500-700
†157
Government of British Honduras, a colour test for
the $2 of 1924, on a $1 of the same year, brown and
light blue, arms at top centre, titled “Appendix B” and
dated “5th May 1913”, (Pick 14 for note type, Pick 15
for colour), unique and interesting
£500-700
39

WORLD BANKNOTES
†158
Government of British Honduras, a colour test for
the $5 of 1924, on a $1 of the same year, green and
dark brown, arms at top centre, titled “Appendix C”
and dated “5th May 1913”, (Pick 14 for note type,
Pick 16 for colour), unique and interesting
£500-700
†159
Government of British Honduras, a colour test for
the $10 of 1924, on a $1 of the same year, mauve and
black, arms at top centre, titled “Appendix D” and
dated “5th May 1913”, (Pick 14 for note type, Pick 17
for colour), unique and interesting
£500-700
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†160
Government of British Honduras, a colour test for
the $50 of 1924, on a $1 of the same year, blue-grey
and brown, arms at top centre, titled “Appendix E”
and dated “5th May 1913”, (Pick 14 for note type,
Pick 18 for colour), unique and interesting
£500-700
†161
Government of British Honduras, a colour test for
the $100 of 1924, on a $1 of the same year, maroon
and black, arms at top centre, titled “Appendix F” and
dated “5th May 1913”, (Pick 14 for note type, Pick 19
for colour), unique and interesting
£500-700
41

WORLD BANKNOTES
†162
Government of British Honduras, uniface proof $1 (3),
showing proposed colours for the 1924 issues of the $10,
$50 and $100, mauve and black, blue-grey and brown and
maroon and black respectively, all with arms at top centre,
value in tablet at centre, and at low centre, left and right,
mounted on paper with the title “Appendix H” and dated
“5th May 1913” (Pick 14 for note, 17, 18 and 19 for
colours), about extremely fine, rare and interesting (3)
£2,000-3,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
BRITISH NORTH BORNEO
x163
British North Borneo Company, $5, 1 December
1922, serial number B170481, black on green
underprint, arms at top centre, value at centre and
each corner, reverse red, values (Pick 4b, Tan N7e),
pressed but a presentable fine
£400-500
x166
British North Borneo Company, $1, 1 July 1940,
serial number K741054, black on pink underprint,
reverse black, value, and $5, 1 January 1940, serial
number H009627, black on green underprint, reverse
pink, value (Pick 29, 30, Tan N11, N12), both good
fine (2)
£300-400
x164
British North Borneo Company, $25, 19- (1922-
27), serial number C11176, black on green
underprint, mountain scene at top centre, value in
underprint, at left and right and each corner, reverse
grey-brown, value at centre (Pick 17, Tan N10), PMG
25, very fine, attractive and scarce
£800-1,200
x167
British North Borneo Company, $10, 1 July 1940,
serial number I009831, black on brown underprint,
arms at top centre, value at left and right and each
corner, reverse blue, value (Pick 31, Tan N13), PMG
25, very fine
£400-500
x165
British North Borneo Company, 50 cents, 1 January
1938, red serial number 1269176, green on cream
paper, arms at left, reverse value at centre (Pick 27,
Tan N3a), some foxing but overall very fine
£80-120
43

WORLD BANKNOTES
BRUNEI
†168
Government of Brunei, an obverse and reverse partial die proof 10
ringgit, black and white, also an obverse and reverse partial die proof
50 ringgit, both ND (1967), Sultan Omar Ali Saifuddin III at right
(Pick 3, 4 for type, Tan B3, B4), good extremely fine and rare (4)
£400-600
†169
Government of Brunei, colour trial 50 ringgit, ND
(1967), violet and muticoloured, Sultan Omar Ali
Saifuddin III at right, reverse violet, Mosque at centre
(Pick 4ct), mounting traces at left, good extremely fine,
rare
£300-500
†170
Government of Brunei, an obverse uniface partial die
proof for a 100 ringgit, ND (1967), blue and white,
Sultan Omar Ali Saifuddin III with military cap at
right, also two obverse die proofs and one reverse die
proof in black and white (Pick 5 for type), mounting
traces at left, about extremely fine, rare (4)
£500-700
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†171
Government of Brunei, specimen 1 ringgit, 1982,
blue, specimen 5 ringgit, 1981, green, specimen 50
ringgit, 1981, olive and specimen 100 ringgit, 1982,
purple, zero serial numbers and Sultan Hassanal
Bolkiah I at right in military cap (Pick 6bs, 7as, 9cs,
10cs, Tan B6ds, B7as, B9bs, B10ds), ink annotation,
backed on card, red SPECIMEN overprint, good
extremely fine and rare (4)
£500-700
†172
Government of Brunei, specimen 1 ringgit, blue,
specimen 5 ringgit, green, specimen 10 ringgit, red
and specimen 100 ringgit, purple, all 1983, zero serial
numbers and Sultan Hassanal Bolkiah I at right in
military cap (Pick 6cs, 7bs, 8bs, 10cs, Tan B6es, B7bs,
B8bs, B10es), ink annotation, backed on card, red
SPECIMEN overprint, good extremely fine and rare (4)
£500-600
†173
Negara Brunei Darussalam, an obverse and reverse
composite essay on card for a 50 ringgit, 1985, serial
number 24000000, green and multicoloured, Sultan
Hassanal Bolkiah in military cap at right, reverse green and
lilac, Mosque at left (Pick unrecorded design, Tan
unrecorded design), unique (2)
£1,000-1,500
45

WORLD BANKNOTES
BULGARIA
x174
Bulgarian National Bank (Allies and Bulgarian Administration issue), 50
leva zlatini, ND (type of 1917, this issue ca. 1919), red serial number
0165770, green, blue and brown, arms top left, value in underprint at centre,
reverse green, lilac, value at left and right, blue ‘THRACE
INTERNATIONALE’ blue adhesive stamp top right (Pick S112), about fine
and a very rare type note
£3,000-3,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
THE ALAN COLE COLLECTION OF BULGARIA
x175
Bulgarian National Bank, 5 leva Srebro, ND (1899),
serial number 535579, black, pink and yellow, arms at
left, value in field, two signatures at right, reverse
brown, farmer and plough team at centre, value at left
and right (Pick A6), an original and attractive very
fine, rare in this grade
£1,000-1,200
176
Bulgarian National Bank, 10 leva, ND (1899), serial
number 579791, black and blue on ochre underprint,
farm girl at left, arms at right, reverse blue, shepherd
and flock (Pick A7a), very fine and rare, particularly in
this grade
£380-420
177
Bulgarian National Bank, a group of the 1904-09
issue, comprising 5 leva srebro, 1904, serial number
020667, 5 leva srebro, 1909, serial number 029135, 5
leva srebro, 1909, serial number 060089, 10 leva
srebro, 1906, serial number A061251, 10 leva srebro,
1906, serial number 052783, 50 leva srebro, 1904,
serial number 143808 (Pick 1, 2a, 2b, 3a, 3b, 4b),
third and last two good very fine, others about fine,
scarce and collectable (6)
£120-160
47

WORLD BANKNOTES
178
Bulgarian National Bank, a group of the 1904-09
issue, comprising 5 leva srebro, 1909, serial number
AP088015, 5 leva srebro, 1909, serial number
091418, 10 leva srebro, 1906, serial number
AP064253, 10 leva srebro, 1906, serial number
061332 (Pick 2a, 2b, 3a, 3b), all extremely fine to good
extremely fine, scarce (4)
£100-150
179
Bulgarian National Bank, 50 leva srebro, 1904,
serial number 177325, 5 leva zlato, 1907, serial
number 019589, and 10 leva zlato, 1907, 087099
(Pick 4a, 7, 8), first about extremely fine, others about
fine (3)
£100-150
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
180
Bulgarian National Bank, 100 leva srebro, ND
(1904), serial number 054014, multicolour, arms at
top centre (Pick 5), very fine, rare
£350-400
181
Bulgarian National Bank, 500 leva srebro, ND
(1907), serial number 09742, multicolour, value at
top and bottom centre (Pick 6), graffiti in low right
margin, a presentable good fine to about very fine, rare
£200-250
182
Bulgarian National Bank, 20 leva zlato (2), Gold Issue,
ND (1904), serial numbers 054209 and 058107, dark grey
on multicolour, arms at top centre, value at low left and
right (Pick 9a, 9b), first very good but scarce, second extremely
fine, also scarce (2)
£60-80
49

WORLD BANKNOTES
183
Bulgarian National Bank, 20 leva zlato (2), 1904,
serial numbers 046751 and 069806, black on pink and
blue, and 50 leva (2), 1907, serial numbers 1727811
and 1357441, black on multicolour (Pick 9a, 9b, 10),
first two extremely fine, others about very fine to very fine
(4)
£120-160
187
Bulgarian National Bank, 1000 leva zlato, 10 May
1916, serial number 33878*, black and grey on green
underprint, value at left and right, red circular bank
seal at low left (Pick 13), good fine and very rare
£350-400
184
Bulgarian National Bank, 100 leva zlato, ND
(1906), serial number 631553, black on green and
multicolour underprint, arms at top centre (Pick 11),
about very fine, very scarce
£100-150
185
Bulgarian National Bank, 500 leva zlato, ND
(1907), serial number 70473, black on multicolour,
also 20 leva zlato, ND (1904), serial number 062215,
black on orange and blue, both with arms at top centre
(Pick 9a, 12), good very fine, first very scarce
£120-160
186
Bulgarian National Bank, 500 leva zlato, ND
(1907), serial number 71013, black on green and
multicolour underprint, arms at top centre (Pick 12),
presentable about very fine, very scarce
£300-350
188
Bulgarian National Bank, a set of the 1916 silver and
gold issues, comprising 1, 2, 5, and 10 leva srebro and
20, 50 and 100 (2) leva zlato, black on various
underprints (Pick 14-20a, 20b), the 50 leva very good,
second 100 leva about very fine, others about extremely
fine or better (8)
£120-160
189
Bulgarian National Bank, 100 leva zlato, ND
(1916), serial number A282756, black on pink, blue
and green underprint, arms at top centre, value at each
corner, overprinted ‘Seria A’ in red, with additional
motif at centre (Pick 20c), about fine but rare
£250-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
193
Bulgarian National Bank, 5 leva srebrni, 10 (2), 20
and 50 (2) leva zlatni, ND (1917), multicoloured,
arms at top centre or left centre (Pick 21, 22a, 22b,
23, 24a, 24b), one 10, 20 and 50 extremely fine, others
very fine (6)
£120-160
190
Bulgarian National Bank, 1 and 5 leva srebro, and
20 and 100 (2) leva zlato, ND (1916), black on
multicolour underprints (Pick 14, 16, 18, 20, 20b),
very fine or better (5)
£150-200
194
Bulgarian National Bank, 100 leva zlatni, ND
(1917), serial number 601568, dark blue on
multicoloured underprint, farmers wife at left, arms at
top centre, also 10 and 20 leva zlatni, ND (1917),
arms at top centre (Pick 22, 23, 25), 100 leva good very
fine, fresh and scarce, others good extremely fine (3)
£100-150
191
Bulgarian National Bank, 100 leva zlato, ND
(1916), serial number E.247788, black on purple,
blue and green, arms at top centre, and 1 lev srebro
(2), ND (1916), black on blue and multicolour
underprint (Pick 14, 20b), first extremely fine, others
about very fine (3)
£100-150
195
Bulgarian National Bank, 100 leva zlatni, ND
(1917), serial number 440361, dark blue on
multicoloured underprint, farmers wife at left, arms at
top centre (Pick 25a), fresh and original good very fine,
scarce
£70-90
192
Bulgarian National Bank, a set of the ND (1917)
issue, comprising 5 leva svebrni and 10 (2), 20 and 50
(2) leva zlatni, all with arms at top (Pick 21, 22, 23,
24), from about very fine to good very fine, scarce (6)
£100-150
196
Bulgarian National Bank, 100 leva zlatni, ND
(1917), serial number 019938, dark blue on
multicoloured underprint, farmers wife at left, arms at
top centre (Pick 25a), attractive good extremely fine,
scarce
£120-160
51

WORLD BANKNOTES
201
Bulgarian National Bank, specimen 5 leva, 1922, red
zero serial numbers, brown, orange and green, arms at
top centre, value at left and right, also an issued note,
serial number P880661, (Pick 34, 34s), first perforated
CANCELLED and overprinted SPECIMEN, about
uncirculated, second good extremely fine (2)
£120-160
197
Bulgarian National Bank, 1000 leva zlatni, ND
(1918), serial number B-18129, black on dark blue,
olive and tan underprint, arms at left, value above and
at right corners (Pick 26 with revised numbering),
fresh and original good extremely fine and scarce in any
condition
£250-300
198
Bulgarian National Bank, 1000 leva zlatni, ND
(1920), serial number K47, 704, black on dark blue,
olive and tan underprint, arms at left, value above and
at right corners, also 1 and 2 leva srebro, ND (1920),
brown and green (Pick 30, 31, 33), about extremely
fine, scarce (3)
£200-250
199
Bulgarian National Bank, specimen 1000 leva zlatni,
ND (1920), serial number O50, 000, black on dark
blue, olive and tan underprint, arms at left, value above
and at right corners, also 1 and 2 leva srebro, ND
(1920), brown and green (Pick 30, 31, 33), first
perforated CANCELLED, annotated in top margin,
about extremely fine, scarce (3)
£350-450
202
Bulgarian National Bank, specimen 10 leva, 1922,
red zero serial numbers, brown, orange and green,
arms at top centre, value at left and right, also an
issued note, serial number 365750, (Pick 35, 35s),
first cancellation holes, overprinted SPECIMEN, about
uncirculated, second good extremely fine (2)
£120-160
203
Bulgarian National Bank, specimen 10 leva, 1922,
red zero serial numbers, brown, orange and green,
arms at top centre, value at left and right, also 5 and
20 leva, 1922, serial numbers 642743 and 891400
respectively (Pick 35, 35s), first perforated
CANCELLED and overprinted SPECIMEN, about
uncirculated, 5 leva about uncirculated, 20 leva very
fine (3)
£120-160
200
Bulgarian National Bank, specimen 5 leva, 1922, red
zero serial numbers, brown, orange and green, arms at
top centre, value at left and right, also an issued note,
serial number 3948907 (Pick 34, 34s), first
cancellation holes, overprinted SPECIMEN, about
uncirculated, second good extremely fine (2)
£100-150
204
Bulgarian National Bank, 20 leva, 1922, serial
number 977478, multicoloured, also 50 leva, 1922,
serial number E781303, green on multicolour
underprint, arms at centre (Pick 36, 37), first good very
fine, second about extremely fine (2)
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
205
Bulgarian National Bank, specimen 50 leva, 1922,
red zero serial numbers, green on multicolour
underprint, arms at centre flanked by values, values at
each corner, reverse green, shepherd and flock of
sheep (Pick 37s2), perforated CANCELLED and
overprinted SPECIMEN, about uncirculated
£100-150
206
Bulgarian National Bank, 100 leva, 1922, red serial
number 417383, brown on multicolour underprint,
arms at centre flanked by values, values at each corner,
reverse brown, farmer and oxen ploughing (Pick 38a),
about extremely fine, very scarce
£150-200
209
Bulgarian National Bank, 500 leva, 1922, red serial
number 105629, blue on multicolour underprint,
arms at centre flanked by values, values at each corner,
reverse blue, dockyard with ships flanked by values
(Pick 39a), good very fine, rare
£150-200
210
Bulgarian National Bank, 1000 leva, 1922, red serial
number B020939, terracotta on multicolour
underprint, arms at centre flanked by values, values at
each corner, reverse terracotta, rose harvesting at
centre (Pick 40a), very fine and scarce
£250-300
207
Bulgarian National Bank, specimen 100 leva, 1922,
red zero serial numbers, brown on multicolour
underprint, arms at centre flanked by values, values at
each corner, reverse brown, farmer and oxen
ploughing (Pick 38s2), perforated CANCELLED and
overprinted SPECIMEN, mounting traces on obverse,
good very fine, scarce
£150-200
208
Bulgarian National Bank, specimen 100 leva, 1922,
red zero serial numbers, brown on multicolour
underprint, arms at centre flanked by values, values at
each corner, reverse brown, farmer and oxen
ploughing (Pick 38s2), perforated CANCELLED and
overprinted SPECIMEN, mounting traces on obverse,
good extremely fine, scarce
£180-220
211
Bulgarian National Bank, specimen 1000 leva,
1922, red zero serial numbers, terracotta on
multicolour underprint, arms at centre flanked by
values, values at each corner, reverse terracotta, rose
harvesting at centre (Pick 40ss), perforated
CANCELLED and overprinted SPECIMEN,
annotated in blue ink on obverse, very fine and rare
£380-420
212
Bulgarian National Bank, 1000 leva zlatni, ND
(1924), serial numbers C31, 970 and 023446, bluegreen
on tan, arms at left, red validation overprint at
centre (Pick 43), presentable about very fine, rare
£250-300
53

WORLD BANKNOTES
213
Bulgarian National Bank, 1000 leva zlatni, ND
(1924), serial numbers H01, 133 and 053318, bluegreen
on tan, arms at left, red validation overprint at
centre (Pick 43), presentable good very fine, rare
£300-400
214
Bulgarian National Bank, 50 leva, 1925, serial
number 214831, brown on multicolour underprint,
King Boris III at right, arms at left, value at each
corner, also 100 leva, 1925, serial number 142713,
blue on multicolour underprint, King Boris III at
right, arms at left, value at each corner (Pick 45, 46),
50 leva good fine, 100 leva good extremely fine (2)
£100-150
216
Bulgarian National Bank, 100 leva, 1925, serial
number O490376, blue on multicolour underprint,
King Boris III at right, arms at left, value at each
corner (Pick 46), a handsomely engraved note, about
uncirculated and scarce
£100-150
217
Bulgarian National Bank, specimen 500 leva, 1925,
black serial numbers 380000 and 180001, green on
multicolour underprint, King Boris III at right, arms
at left, value at each corner (Pick 47s2), perforated
CANCELLED, annotated in top margin, about
uncirculated and scarce
£220-260
215
Bulgarian National Bank, specimen 50 leva, 1925,
black zero serial number, brown on multicolour
underprint, King Boris III at right, arms at left, value
at each corner, also an issued example, serial number
216972 (Pick 45s, 45), specimen cancellation holes, red
SPECIMEN overprint, good extremely fine, issued note
about very fine (2)
£120-160
218
Bulgarian National Bank, specimen 500 leva, 1925,
black zero serial number, green on multicolour
underprint, King Boris III at right, arms at left, value
at each corner (Pick 47s1), cancellation holes,
overprinted SPECIMEN, about uncirculated and scarce
£200-250
219
Bulgarian National Bank, specimen 500 leva, 1925,
black zero serial number, green on multicolour
underprint, King Boris III at right, arms at left, value
at each corner (Pick 47s1), annotation in left margin
‘Bulgarian Example 13002 17, VII, 1939’, cancellation
holes, overprinted SPECIMEN, about uncirculated and
scarce
£250-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
223
Bulgarian National Bank, specimen 1000 leva,
1925, zero serial numbers, brown on multicolour
underprint, King Boris III at right, arms at left, value
at each corner (Pick 48s), perforated CANCELLED,
about uncirculated and scarce
£250-350
220
Bulgarian National Bank, 1000 leva, 1925, serial
number H610838, brown on multicolour underprint,
and 5000 leva, 1925, serial number 292983, purple on
multicolour underprint, both King Boris III at right,
arms at left, value at each corner (Pick 48, 49), fine to
good fine, scarce in any condition (2)
£220-260
224
Bulgarian National Bank, specimen 5000 leva,
1925, red zero serial numbers, purple on multicolour
underprint, King Boris III at right, arms at left, value
at each corner (Pick 49s1), cancellation holes,
overprinted SPECIMEN, about uncirculated and
scarce, a lovely note
£300-400
221
Bulgarian National Bank, 1000 leva, 1925, serial
number 291958, brown on multicolour underprint,
and 5000 leva, 1925, serial number 786222, purple on
multicolour underprint, both King Boris III at right,
arms at left, value at each corner (Pick 48, 49), fine to
good fine, scarce in any condition (2)
£240-280
225
Bulgarian National Bank, specimen 20 leva, ND
(1928), red zero serial numbers, olive and brown on
multicolour underprint, King Boris III at centre (Pick
49As), overprinted SPECIMEN in cyrillic, good
extremely fine to about uncirculated
£250-300
222
Bulgarian National Bank, specimen 1000 leva,
1925, zero serial numbers, brown on multicolour
underprint, King Boris III at right, arms at left, value
at each corner (Pick 48s), cancellation holes,
overprinted SPECIMEN, about uncirculated and scarce
£250-350
226
Bulgarian National Bank, specimen 20 leva, ND
(1928), red zero serial numbers, olive and brown on
multicolour underprint, King Boris III at centre (Pick
49As), overprinted SPECIMEN in cyrillic, good
extremely fine to about uncirculated
£250-300
55

WORLD BANKNOTES
227
Banque Nationale de Bulgarie, colour trial 200 leva,
1929, purple-brown and pale yellow, King Boris III at
right, arms low centre, also a colour trial 250 leva,
1929, blue and pale orange, King Boris II at right,
arms at left (Pick 50ct, 51ct), mounting traces, good
extremely fine and rare (2)
£500-600
230
Banque Nationale de Bulgarie, colour trial 5000
leva, 1929, blue and green, King Boris III at right,
arms at left, reverse blue, mountains and lake (Pick
54ct), mounting traces, good extremely fine and rare
£600-800
228
Banque Nationale de Bulgarie, colour trial 500 leva,
1929, purple-brown and pale green, King Boris III at
right, arms in field at left, reverse purple-brown, valley
(Pick 52ct), mounting traces, good extremely fine and
rare
£350-550
231
Bulgarian National Bank, 200, 250 and 500 leva,
1929, olive, purple and blue respectively, all with King
Boris III at right, arms at left, value at each corner
(Pick 50, 51, 52), 200 and 500 leva fine, 250 leva fresh
and original, about uncirculated (3)
£100-150
229
Banque Nationale de Bulgarie, colour trial 1000
leva, 1929, blue and green, King Boris III at right,
arms at left, reverse blue, mountains and lake (Pick
53ct), mounting traces, good extremely fine and rare
£500-600
232
Bulgarian National Bank, 200, 250 and 500 leva,
1929, olive, purple and blue respectively, all with King
Boris III at right, arms at left, value at each corner
(Pick 50, 51, 52), first good very fine, second solid about
uncirculated, last good fine, scarce in these conditions
(3)
£120-160
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
233
Bulgarian National Bank, colour trial 250 leva,
1929, red zero serial numbers, blue on multicolour
underprint, buff paper, also an issued 200 and 250
leva, purple and green respectively, all with King Boris
III at right, arms at left, value at each corner (Pick
50ct, 50a, 51a), first with some foxing, overall about
extremely fine, others about uncirculated, first rare (3)
£300-350
236
Bulgarian National Bank, specimen 5000 leva,
1929, blue zero serial numbers, brown and brownviolet,
all with King Boris III at right, arms at left,
value at each corner (Pick 54s), overprinted
SPECIMEN, fresh, original and almost uncirculated,
scarce
£350-400
234
Bulgarian National Bank, 1000 leva, 1929, serial
number 136480, red brown on orange underprint,
King Boris III at right, arms at left, value at each
corner (Pick 53a), repaired tear at bottom centre,
otherwise a solid very fine, scarce
£150-200
235
Bulgarian National Bank, 200, 250 and 5000 leva,
1929, olive, purple and dark red-brown respectively,
all with King Boris III at right, arms at left, value at
each corner (Pick 50, 51, 54), first two about
uncirculated, last about fine, scarce (3)
£150-200
237
Bulgarian National Bank, specimen 5000 leva,
1929, blue zero serial numbers, brown and brownviolet,
all with King Boris III at right, arms at left,
value at each corner, also an issued note of the same
type, serial number 080538 (Pick 54a, 54s), first
overprinted SPECIMEN, fresh, original and almost
uncirculated, second torn at top centre, about fine,
scarce
£450-500
238
Bulgarian National Bank, 500 and 1000 leva, 1938,
both multicolour, King Boris III at left, arms and
values (Pick 55a, 56a), first good extremely fine, second
pressed very fine (2)
£150-200
57

WORLD BANKNOTES
239
Bulgarian National Bank, 500 leva (2), 1938,
consecutive serial numbers Y0068765-66, brown and
multicolour, King Boris III at left, arms at right, value
at low left and right and in border (Pick 55a), fresh
and original about uncirculated, scarce as a pair (2)
£120-160
240
Bulgarian National Bank, 1000 leva, 1938, serial
number T0107438, multicolour, King Boris III at left,
arms at centre, value at each corner (Pick 56a), good
extremely fine, scarce and attractive
£150-200
243
Bulgarian National Bank, 500 and 1000 leva, 1940,
serial numbers 065171 and 069260, blue and redbrown
respectively, King Boris III at right, arms at left,
value at each corner (Pick 58, 59), first damaged at low
left and right, thus fine, second pressed thus very fine (2)
£100-150
241
Bulgarian National Bank, 500 and 5000 leva, 1938,
both multicolour, King Boris III at left, arms and
values (Pick 55a, 57a), first good extremely fine, second
with multiple tears, thus about fine, rare (2)
£180-220
242
Bulgarian National Bank, specimen 500, 1000 and
5000 leva, 1938, all red zero serial numbers,
multicoloured, King Boris III at left, arms and values
(Pick 55s, 56s, 57s), cancellation holes, SPECIMEN in
red script-style overprint on obverse and reverse, about
uncirculated and a rare group (3)
£400-500
244
Bulgarian National Bank, 500 leva (2), 1940,
consecutive serial numbers 201030-31, blue on brown
and green underprint, King Boris III at right, arms at
left, value at centre and each corner (Pick 58a), about
uncirculated and a very scarce consecutive pair (2)
£100-150
245
Bulgarian National Bank, 500 leva, 1938 and 500
leva, 1940, first multicolour, Boris III at left, arms at
right, second blue, Boris III right, arms at left (Pick
55, 58), about uncirculated (2)
£120-160
246
Bulgarian National Bank, 250 leva, 1929 and 500
leva, 1940, first dark purple on orange underprint,
second blue on green and brown underprint, both
King Boris III at right, arms at left (Pick 51, 58), about
uncirculated (2)
£100-150
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
247
Bulgarian National Bank, specimen 1000 leva,
1942, red zero serial numbers, red-brown, King Boris
III at left, also 500 and 1000 leva, 1942, blue and redbrown
respectively (Pick 60a, 61a, 61s), first with
cancellation holes, red SPECIMEN overprint, good
extremely fine, second about uncirculated, last good very
fine (3)
£120-160
248
Bulgarian National Bank, specimen 1000 and 5000
leva, 1942, red zero serial numbers, red-brown and
dark purple respectively, also 500 and 1000 leva,
1942, blue and red-brown respectively, all with King
Boris III at left (Pick 60a, 61a, 61s, 62s), specimen
notes with cancellation holes, overprinted SPECIMEN,
good extremely fine, others about uncirculated (4)
£200-250
250
Bulgarian National Bank, set of the 1943 issue,
comprising 20 (2), 200, 250, 500 and 1000 leva, King
Simeon II, arms and values (Pick 63a-67a), one 20 leva
good fine, other extremely fine, others about uncirculated
(6)
£150-200
249
Bulgarian National Bank, 500 and 1000 leva, 1942,
blue and red-brown respectively, King Boris III at left,
also 1 and 2 leva, 1920 (Pick 60a, 61a, 26, 27), good
extremely fine (4)
£120-160
251
Bulgarian National Bank, set of the 1943 issue,
comprising 20 (2), 200, 250, 500 and 1000 leva, King
Simeon II, arms and values (Pick 63a-67a), one 20 leva
extremely fine, others about uncirculated (6)
£150-200
59

WORLD BANKNOTES
252
Bulgarian National Bank, specimen 200 leva, 1943,
red zero serial numbers, brown, King Simeon II at left,
arms at right, also an issued note of the same type, and
a 250 leva, 1943, green, King Simeon II at left, arms
at right and 1000 leva1946, blue, arms at right (Pick
64s2, 64a, 65, 67Q), first three good extremely fine to
uncirculated, last about fine (4)
£100-150
253
Bulgarian National Bank, 1000 leva, 1943 bond
issue, and 5000 leva, 1945 bond issue, first brown,
second purple on multicolour underprint, both with
arms and values (Pick 67L, 67P), first good extremely
fine, second very fine (2)
£80-120
254
Bulgarian National Bank, Russian Administration,
partial set of the 1944-45 issue, comprising 20 (2),
200, 250, 500 and 5000 leva, arms and values (Pick
68a, 68b, 69, 70, 71, 73), generally fine (6)
£60-80
255
Bulgarian National Bank, Russian Administration,
full set of the 1944-45 issue, comprising 20 (2), 200,
250, 500, 1000 and 5000 leva, arms and values (Pick
68a, 68b, 69, 70, 71, 72, 73), very fine to good very fine
(7)
£100-150
257
Bulgarian National Bank, Peoples Republic, a full
set of the 1947-48 issue, comprising 20 (2), specimen
200, 250, 500 and 1000 leva, soldier, arms and values
(Pick 74, 75s, 76, 77, 78), 200 leva overprinted
SPECIMEN, about uncirculated or better (6)
£100-150
258
Bulgaria, a large mixed group, including several scarce
earlier notes, and a large number of the later 1940’s-
60’s issues, mixed grades, mostly extremely fine to
uncirculated (80)
£200-300
259
Bulgaria, an accumulation of 18 bonds, talon sheets
and cheques, 1900-1940, including Bulgarian Red
Cross (2), Bulgarian-Czech Co-operation (2), Plovdiv
Bank, 100, 500, 100 leva (each talon sheet), cheques
to 9000 leva (3), stamped and cancelled, National
Bank cheques to 290 leva (2), stamped and cancelled,
Estonia State Investement Bond, 300 Marka, talons
stamped but not cancelled, Estonia LLiuda Bank of
Commerce cheque 100 ruble, generally extremely fine
to about uncirculated, mostly very attractive and scarce
(18)
£180-220
256
Bulgarian National Bank, Peoples Republic, full set
of the 1947-48 issue, comprising 20 (2), 200, 250,
500 and 1000 leva, soldier, arms and values (Pick 74-
78), about uncirculated or better (6)
£60-80
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
BURMA
A Pair of Consecutive 100 Rupees
x260
Government of India, Burma issue, 100 rupees (2), Rangoon, ND (1927-
37), consecutive serial numbers T/16 747336-337, violet and green, George
V at top right, value at centre, low left and top right, Kelly signature, reverse
lilac and green, text (Pick A8f, Razack-Jhunjhunwalla 3.10.3G), quite fresh,
small pencil graffiti on reverse, almost very fine, extremely rare as a consecutive
pair especially in this grade (2)
£8,000-9,000
61

WORLD BANKNOTES
261
Government of India, Burma issue, 10 rupees, ND
(1937), red prefix R/64, blue and green, George V at right,
red ‘LEGAL TENDER IN BURMA’ in top margin, Kelly
signature (Pick 2a), spindle hole at left, very fine
£150-200
x262
Government of India, Burma issue, 10 rupees, ND
(1937), serial number R/86 950864, dark blue on
multicolour underprint, George V at right, LEGAL
TENDER IN BURMA ONLY in red in top margin
(Pick 2a), good fine
£180-220
264
Burma Military Administration, 1 rupee (2) (Pick
25b), 5 rupees (2) (Pick 26b) and 10 rupees (2),
violet, George VI at right, red ‘MILITARY
ADMINISTRATION OF BURMA’ overprint (Pick
28, 32) spindle holes at left as normal, generally
extremely fine thus scarce (6)
£150-200
263
Reserve Bank of India, Burma issue, 100 rupees,
ND (1939), serial number A/1 280334, blue and pale
orange, George VI at right, peacock low centre, Taylor
signature (Pick 6), good very fine, scarce
£250-300
x265
Burma Currency Board, 100 rupees, ND (1947),
serial number B/52 783161, dark green on lilac
underprint, George VI at right, value at centre and top
right, red overprint BURMA CURRENCY BOARD
and LEGAL TENDER IN BURMA ONLY (Pick 33),
some rust spots, fine
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
268
Union Bank of Burma, specimen 1, 5, 10, 20, 50,
100 kyats, ND (1958), all zero serial numbers, all
General Aung San at right (Pick 46s2-51s), faint
mounting traces, good extremely fine and scarce (6)
£300-400
†266
Union Bank of Burma, a uniface obverse and reverse
composite essay for a 50 rupees, ND (ca 1953), serial
number A1000000, orange and pale yellow, peacock
at right, value at centre and at each corner, reverse red
and dark orange, bank title at top centre, lovely scene
of temples, lakes and trees at centre, value at each
corner (Pick unrecorded denomination), good very
fine, unique and an unusual colour (2)
£400-600
†269
Union Bank of Burma, specimen 1 kyat, orange, 5
kyats, green, 10 kyats, brown, 20 kyats, violet, 50
kyats, yellow-brown and 100 kyats, green, all ND
(1958), all General Aung San at right (Pick 46s-51s),
perforated, good extremely fine and a rare set (6)
£350-550
270
Union Bank of Burma, 100 kyats (10), ND (1958),
green, General Aung San at right, peacock at centre
(Pick 51a), generally extremely fine (10)
£80-100
267
Union Bank of Burma, specimen 1, 5, 10, 100 kyats,
ND (1953), all peacock in field except the 5 kyats with
a Chinze statue at right (Pick 38s, 39s, 40s, 41s), faint
mounting traces, good extrtemely fine and scarce (4)
£150-250
63

WORLD BANKNOTES
BURUNDI
x273
Banque de la Republique du Burundi, 5000 francs,
1 April 1968, serial number A045583, blue on
multicolour underprint, President Micombero at
right, reverse docks and ships (Pick 26a), about
uncirculated and scarce
£500-700
†271
Banque de la Republique du Burundi, an obverse
and reverse composite essay for a 5000 francs, 1 July
1967, serial number A 000000, blue and
multicoloured, President Micombero at right, reverse
dock scene, also an obverse composite essay for a 1000
francs in brown dated 1 February 1967 (Pick 26a for
type), unique (3)
£300-400
CAMBODIA, LAOS & VIETNAM
274
Institut d’Emission des Etats du Cambodge, du
Laos et du Vietnam, specimen 1 piastre (3), blue and
green and specimen 10 piastres (3), brown and
orange-yellow, a pair from each place of issue,
Cambodia, Laos and Vietnam, also Banque Nationale
du Laos specimen 10 kip, ND (1962), blue, white,
yellow and green, signature 1 (Pick 94s, 95s, 100s,
102s, 104s, 107s, 10s2), red/black De la Rue oval low
left, faint mounting traces, good extremely fine to
uncirculated and rare (7)
£300-400
†272
Banque de la Republique du Burundi, an obverse
and reverse composite proof 5000 francs, ND (1968),
blue and multicoloured, President Micombero at
right, value at left and right, reverse blue, dockside
scene (Pick 26as), uncirculated, unusual and rare (2)
£300-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
275
Banque Nationale du Cambodge, specimen 1 riel,
ND (1955), blue, specimen 10 riels, ND (1955), redbrown,
specimen 50 riels, ND (1956-75), blue and
orange (Pick 1s, 3s2, 7s2), De la Rue ovals, Laos note
overprinted SPECIMEN, mounting traces thus good
extremely fine to about uncirculated (4)
£250-300
CANADA
x278
Candian Bank of Commerce, $10, 2 January 1935,
serial number 079117, black on multicolour
underprint, arms in underprint at centre, allegories at
left and right, value at top centre and each corner (Pick
S971a), PMG 65, gem uncirculated, EPQ, attractive
and scarce
£500-700
279
Bank of Prince Edward Island, $1 and $2, both 1
January 1877, serial number 21615 and 17485, black
on green underprint, rural scenes, also a pair of
unissued Exchange Bills, turquoise, sailing ship at top
centre (PS 1929c, 1930c), the two notes very good,
exchange bill good very fine (2)
£120-160
x276
Banque Canadienne Nationale, $5, 1 February
1929, serial number 1820306, black on green
underprint, monument at centre (Pick S711), PMG
66, gem uncirculated, EPQ, scarce in this grade
£700-900
x277
La Banque Provinciale du Canada, $5, Montreal, 31
January 1919, serial number J1950128, black on
green and yellow underprint, Laporte at left, Bienvenu
at right, reverse green, bank building (PS916), PMG
25, very fine
£80-120
x280
Bank of Canada, $2, 1935, red serial number A
4780349, black and pale blue, Queen Mary at left,
Osborne-Towers signatures, English text (Pick 40,
BC-3), in PMG holder 25, very fine
£350-400
x281
Bank of Canada, $5, 1935, red serial number A
258388, black and pale orange, Edward, Prince of
Wales at left, Osborne and Towers signatures (Pick 42,
BC-5), in PCGS holder 30, very fine
£350-400
65

WORLD BANKNOTES
x282
Bank of Canada, $1 and $5, 2 January 1937, serial
numbers A/A 1518321 and O/C 4729105, black and
green and black and blue respectively, George VI at
centre, value at each corner (Pick 58a, 60b), both PMG
65, gem uncirculated, EPQ
£450-550
x286
Bank of Canada, $1000, 1954 (1973), red prefix
A/K, pink and black, Elizabeth II at right, Lawson
and Bouey signatures (Pick 83d, BC-44d), in PCGS
holder 53 PPQ, about new
£1,200-1,400
283
Bank of Canada, $2, 1937, black and pink orange,
George VI at centre, Gordon-Towers signatures, $1,
1954, serial number L/A 4466828, black and green,
‘Devil’s head’, also $1 (2), 1954, (Pick 59b, 66),
uncirculated (4)
£80-120
x287
Bank of Canada, specimen $1, 1973, serial number
AA 0000000, grey and multicoloured, Elizabeth II at
right, arms at left, Lawson and Bouey signatures (Pick
91as, BC-52as), red SPECIMEN overprint,
uncirculated and scarce
£350-400
x284
Bank of Canada, specimen $20, 2 January 1937,
serial number E/E 0000000, black on olive-green
underprint, George VI at centre, value at each corner,
reverse olive green, female allegory at centre (Pick
62s), PMG 58, choice about uncirculated, EPQ
£450-650
x285
Bank of Canada, $20, 2 January 1937, serial number
H/E 1962697, black and olive-brown, George VI at
centre, value at each corner (Pick 62c), PMG 66, gem
uncirculated, EPQ
£150-200
x288
Bank of Canada, specimen $100, 1975, serial
number JA 0000000, brown and multicoloured, Sir
Robert Borden at right, arms at left, Lawson and
Bouey signatures (Pick 91as, BC-52as), in PMG holder
66, gem uncirculated, EPQ
£350-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x289
Bank of Canada, $1 (10), 1973, serial number BAL
9128501-8510, grey, green and multicoloured, $2
(10), 1974, serial numbers ARB 3442910-2919, redbrown
and $10 (10), 1971, serial number ETM
9872123-2132, mauve and multicoloured, all
Elizabeth II at right except $10 with MacDonald at
right, all Crow-Bouey signatures (Pick 85c, 86b, 88d),
uncirculated (30)
£200-250
CAPE VERDE
x290
Bank of Canada, $20 (5), 1979, serial number
56177623623-3627, pale orange, green and
multicoloured, Elizabeth II at right, Crow Bouey
signatures, also $10 (10), 1989, serial numbers ADB
9358109-8118, violet, MacDonald at right, Thiessen
and Crow signatures (Pick 93b, 96a), uncirculated
(15)
£200-250
†292
Banco Nacional Ultramarino, Cape Verde,
specimen 50 mil reis, S.Thiago, 1 March 1909, red
serial number 0000-2000, black, pale blue and salmon
pink, Vasco de Gama at left, arms and Vasco’s
embarkation in 1497 at right, red ship seal at lower
centre (Pick 9as), with date ‘14.11.17’ in top margin,
counterfoil at left, perforated CANCELLED, good
extremely fine, rare and attractive
£400-600
CENTRAL AFRICAN STATES
x291
Bank of Canada, $1000, 1988, serial number EKA
0215780, purple and multicoloured, Elizabeth II at
right, Thiessen and Crow signatures, reverse purple, a
pair of Pine Grosbeak at right (Pick100a, Charlton
BC-61a), in PMG holder 63, choice uncirculated
£750-950
293
Banque Centrale, Etats de l’Afrique Equatoriale,
5000 francs, ND (1963), serial number V.38B-639,
multicoloured, cattle and village scene at centre,
reverse multicoloured, tractor, and allegorical scenes
of Africa, past and present (Pick 6b), original and
fresh, faint central crease and right margin partially
removed otherwise almost extremely fine thus rare
£150-200
67

WORLD BANKNOTES
CEYLON
x294
Oriental Bank Corporation, 5 rupees, Galle, 1866, serial
number G12626, black and white, arms with lion and unicorn at
top centre, value at low centre and top left and right, two
manuscript signatures (Pick unlisted), PMG 15, choice very fine
£800-1,200
x295
Government of Ceylon, 10 rupees, 2 October 1939,
green, pink and brown, 5 cents, 1 June 1942, black
and grey, 2 rupees, 1 March 1949, red-purple on
multicolour (Pick 25c, 42a, 35a), very fine (3)
£150-200
x297
Government of Ceylon, 10 cents (2), 1942, blue, 25
cents (2), 1942, brown and lilac, and 10 rupees, 1941,
blue and multicoloured, all George VI in field (Pick
43a, 44a, 36a), 10 rupees almost very fine, others
extremely fine (5)
£120-180
296
Government of Ceylon, 100 rupees, 24 June 1945,
serial number L/15 27789, dark green and
multicolour, George VI at left, value at low centre and
top left and right, reverse Laxapana Waterfall at centre
(Pick 38a), fresh and original, good very fine
£250-350
WWW.SPINK.COM
298
Government of Ceylon, 5 rupees, 1943, brownpurple
and 10 rupees, 1944, blue, both George VI at
right (Pick 36, 36A) and Central Bank, 1 rupee,
1951, blue (Pick 47), fine, last two good very fine (3)
£100-150
x299
Central Bank of Ceylon, 100 rupees (2), 3 June
1952, serial numbers V/5 80361 and V/13 37715,
brown on purple, green and orange, Elizabeth II at
left, value at centre and each corner, reverse women in
national dress (Pick 53), fine and about fine (2)
£200-250

April 10, 11 & 12, 2013 - LONDON
†300
Central Bank of Ceylon, an obverse and reverse composite essay for
a 5 rupee, 6 October 1975 (inverted), red and white, deer at left,
reverse red, deer at centre (Pick unrecorded), unique, charming (2)
£1,000-1,200
†301
Central Bank of Ceylon, an obverse and reverse composite essay for
a 50 rupees, 6 October 1975, multicoloured, leopard at left, foliage,
reverse pale red, leopard at centre (Pick unrecorded), unique, lovely
(2)
£1,200-1,400
x302
Grand Oriental Hotel, Colombo, Ceylon., a token
for 10 cents for use in the hotel, ND (c.1928, when
T.S.Rowe is known to be the hotel Secretary), serial
number 00525, dark green on pale blue underprint,
value at centre, image of hotel building in underprint,
manuscript signature at low right (unlisted), section
missing at left where the token has been torn from its
booklet, otherwise about fine and rare, a very interesting
item
£100-150
69

WORLD BANKNOTES
CHINA
Foreign Banks
†303
Netherlands Trading Society, specimen $10, 1
January 1909, serial number 00001-50000, black, red
and pale orange, Chinese warrior at centre, bridge low
centre, dragon at left and right, reverse red and
multicoloured, dragon at left and right, arms low
centre (Pick S459s), perforated CANCELLED,
uncirculated, attractive and rare
£800-1,200
†305
Russo-Chinese Bank, a die proof for 50 Mexican
dollars, Shanghai, ND (ca 1908), black and white,
dragon at left and right, value in tablet at centre (Pick
S544 for type), handstamped date ‘9 Jul 08’ in low left
field, a bold extremely fine and attractive, very rare
£800-1,200
†304
Russo-Asiatic Bank, an obverse colour trial/proof 5
Mexican dollars, ND (1914), violet and
multicoloured, Bank building low centre, dragon at
left and right (Pick S542 for similar), perforated
SPECIMEN, good extremely fine and rare
£600-800
†306
Pei Yang Kin-Fu Bank, a set of bromides for the $1,
3, 5 and 10, ND (ca 1906), dragon top left and right
(Pick S2505 for type), most unusual and quite striking
(4)
£300-500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Ming Dynasty
x307
Ming Dynasty, Da Ming Bao Chao, 1 kuan, 1368-1399,
black text on grey mulberry bark, red rectangular seals on
face, 10 strings of cash coins at centre (Pick AA10), good
fine, thus very attractive and condition for type, rare in this
grade
£2,000-2,500
71

WORLD BANKNOTES
Qing Dynasty
Central Bank of China
†309
Central Bank of China, specimen 5 yuan, 1942, red
prefix A/2, green, and specimen 500 yuan, 1947, red
prefix A/A, red, both Sun Yat Sen at left (Pick 244s,
251s), both red De la Rue seal and three additional
characters at left, uncirculated and rare (2)
£200-300
310
Central Bank of China, large lot containing notes
from 1928 to the late 1940’s including Gold Custom
Units to 100 yuan, and Fabi issues, needs viewing,
generally uncirculated (82)
£150-200
Bank of China
308
Qing Dynasty, 2000 cash, 1857, blue text on white
parchment like paper, red chops on face (PA 4e),
extremely fine, scarce
£350-450
†311
Bank of China, specimen 10000 yuan, 1947, serial
number 21V 000000, red and white, Sun Yat Sen at
centre, reverse red and white, value (Pick 317s), red
De la Rue seal low right, mounting traces, good
extremely fine and rare
£200-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†314
Bank of China, specimen 1 yuan, 1937, red prefix AJ,
blue, also specimen 5 yuan, 1937, red zero serial
numbers, violet, and a specimen 10 yuan, 1937, red
prefix G, green, all Sun Yat Sen at left (Pick 79s, 80s,
81s), red De la Rue seal at right, uncirculated and rare
(3)
£250-350
315
Bank of China, multiple lot containing, 1931 5yuan
(3), black and orange (Pick 70b), 1937 5yuan (2), and
10 yuan (10), purple and green respectively (Pick 80
and 81), 1940 5 yuan, blue, 10 yuan, red and 100
yuan, purple (2) (Pick 84, 85b and 88), also
uncirculated
£60-80
†312
Bank of China, specimen 10 cents, 1941, black prefix
3B, green, also specimen 10 cents, 1941, black prefix
2A, red, both the Temple of Heaven top centre (Pick
89s, 90s), black De la Rue specimen overstamp,
uncirculated and rare (2)
£200-300
313
Bank of China, 10 yuan, 1941, blue serial number
A969958, red on multicoloured underprint, Sun Yat
Sen at centre, Temple of Heaven on reverse (Pick 95),
uncirculated
£120-160
Farmers Bank
316
The Farmers Bank of China, 10 yuan, purple,
agricultural scenes left and right, red serial number
KM 069831 (Pick 459a), also 1 jiao (6), blue,
landscape scene at centre (Pick 461), also Puppet Bank
Issues, lot of 16 notes from: Mengchiang Bank, 100
yuan, purple and black, camel on right (Pick J112a),
Central Bank of Manchukuo 1935 50 cents, 1 yuan
(4), 10 yuan, 1944 1 jiao (2) (Pick J129a, J130b,
J132b and J140 respectively), Central Reserve Bank of
China, 1940 5 yuan (5), and 200 yuan (2) (Pick J10e
and J30 respectively), most uncirculated, the
Mengchiang Bank 100 yuan, scarce (23)
£100-150
317
Bank of Hainan, 1949 Issue, 2 cents (9), 5 cents (8),
and 50 cents (3) (Pick S1452, 1453 and S1456), also
includes Shanse Provincial Bank $1, 1919, green and
blue, overprinted Taiyuan, red serial number
B1756679 (Pick S2628b), also Kwangtung Provincial
Bank, a large lot including, 100 yuan, 1918, green,
university at centre (Pick S2405), 1935 issue 1jiao, 2
jiao and $5 and also 1949 1 cents, 5 cents, 1 jiao, 5
jiao and $1, Hainan notes uncirculated and the $1
pressed thus extremely fine (21), others mostly
uncirculated (33)
£80-120
73

WORLD BANKNOTES
318
Taiwan Issues, a large lot including, 1904 Gold One
Yen, black and yellow with phoenixes (Pick 1911),
Bank of Taiwan 1946 1 yuan, blue (2), Offshore notes
including those for Kinmen, 1 yuan, 1949 (R101), 10
yuan (R106), 5 yuan (R108), 10 yuan (R110), and 50
yuan (R111), Matsu, 1 yuan (R121), all uncirculated
other than the Gold One Yen (60)
£150-200
People’s Bank of China
322
People’s Bank of China, First Series Renminbi, 1
yuan (2), 1948, red block serial number I II III blue
and white, factory workers on left (Pick 800),
uncirculated (2)
£80-100
319
Central Bank of Manchukuo, an obverse and reverse
specimen 5 yuan, ND (1933), red zero serial numbers,
brown and pale blue, flag at left, building at right,
reverse brown (Pick J126s), perforated, red
SPECIMEN overprint, good extremely fine and rare (2)
£150-200
323
People’s Bank of China, First Series Renminbi, 5
yuan, 1949, brown and yellow, weaving scene, also 10
yuan, 1949, red and yellow, field irrigation and
ploughing, Both with red serial numbers (Pick 813
and 815 respectively), uncirculated (2)
£100-150
324
People’s Bank of China, First Series Renminbi, 10
yuan, 1949, green, farmer and factory worker on left,
also 10 yuan, 1949, red and yellow, field irrigation and
ploughing, Both with red serial numbers (Pick 816
and 815 respectively), uncirculated (2)
£100-150
320
Federal Reserve Bank of China, specimen 100 yuan,
ND (1944), serial number 77 906159, brown, pale
blue and lilac, Huang Ti at right, red MI-HON
overprint at left (Pick J83s2), good extremely fine and
the Pick plate note only a few numbers off and not MI-
HON
£120-180
x321
Bank of Taiwan Limited, 10 yen, ND (1916), serial
number (9)892789, black on tan underprint, stairs
and temple at right, value at centre and each corner,
reverse blue, shoreline and lighthouse at centre flanked
by values, value at each corner (Pick 1923), a pleasing
good fine
£100-150
325
People’s Bank of China, First Series Renminbi, 20
yuan, 1949, red serial number I III II 8807780 blue
and green, workers pushing a mine cart, (Pick 824),
uncirculated
£120-160
326
People’s Bank of China, 1953 Second Series
Renminbi, 1953, multiple sets of 1, 2, and 5 fen notes,
contains 3 of each denomination with the ‘long’
Arabic numbers and around 25 of the block number
types (Pick 860a - 862a and 860b - 862b),
uncirculated (c.30)
£80-120
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
331
China, 1979 Foreign Exchange Certificates, 1 jiao,
brown, waterfall at centre, flame watermark (11), star
watermark (6), 5 jiao, blue-green, pagoda at centre
(14), 1 yuan, green, scene of Wes Lake at centre (12),
5 yuan, brown, mountain scene at centre (3), and 10
yuan, blue, river gorge at centre (2) uncirculated (48)
£150-200
327
People’s Bank of China, 1953 Second Series
Renminbi, 2 yuan, blue with pagoda at centre, red
serial number II IX X 0903123, also 5 jiao, purple,
water dam on left, red serial number VII II I 5455049
(Pick 867 and 865 respectively), uncirculated
£100-150
328
People’s Bank of China, 1960 Third Series
Renminbi, multiple lot containing 1 jiao (11), 1 jiao
(5), 5 jiao (3), 1 yuan, red with female driver, star
watermark (3), 2 yuan, green, machinist at centre, star
watermark (1), and 5 jiao dated 1980 (5), all notes
dated 1960’s to 1970’s unless specifically stated, about
uncirculated or better (28)
£100-150
332
Hunan Bank, 100 coppers, 1912, serial 10836, black,
white and green, phoenix top left and right (PS 2027),
about fine
£100-120
329
People’s Bank of China, 1960 Third Series
Renminbi, 1 yuan, red, female driver at centre, red
block double Roman serial numbers, star watermark
(3), 2 yuan, green, machinist at centre, star watermark
(Pick 874c and 875a respectively), uncirculated (5)
£120-160
330
People’s Bank of China, 1960 Third Series
Renminbi, 5 yuan, brown and black, foundry worker
at centre, red block triple Roman serial numbers, star
watermark (4) (Pick 876a), also 1965 Third Series
Renminbi, 10 yuan, blue and pink, crowd of people at
centre, red block triple Roman serial numbers,
Tiananmen watermark (4) (Pick 879a), about
uncirculated or better (8)
£100-150
333
Market Stabilisation Bureau, 100 coppers (2),
overprinted ‘Shansi’ 1915, green and yellow, temple
of heaven on right and Summer Palace on left, reverse
orange (Pick 603g), also Fixed Term, Interest Bearing
Treasury Notes, $5 (2) (Pick 628b), also Japanese
Invasion Money for use in China/Hong Kong, lot of
33 notes, including 5 yen (M24 and M25), 10 yen
M27 and 100 yen M28 and M30, mixed grades, a few
very good but most about uncirculated or better (37)
£120-160
334
A selection of China, comprising Bank of China 5
and 10 yuan, 1940, Central Bank 5 yuan, 1936, 10
and 20 cents, 1940, 2000 yuan, 1946, Kwantung
Provincial Bank, 1 and 5 yuan 1931, Bank of
Communications 5 and 10 yuan, Shanghai, 1914 1
yuan, 1931, 5 and 10 yuan, 1935, Farmers Bank 10
cents 1937 and 10 yuan, Central Reserve Bank 10 and
50 cents, 10000 yuan, 1947, also a Kung Tsi Bank of
Fengtien and a Peoples Bank 1 yuan, 1960, 10 yuan of
1965 and modern issues (7), Bank of Taiwan 1 yuan,
1949, 5 yuan, 1966, 10 yuan, 1950 (5) (Pick 874a,
879a, 1950, 1962, ), uncirculated (35)
£200-300
75

WORLD BANKNOTES
CHILE
335
El Banco de E. Edwards and Ca., specimen 10
pesos, Valparaiso, 3 January 1876, black, orange, pink
and green, maiden (Stella) at left, cherub at right,
counterfoil at left, green, head of Liberty at left and
right (Pick S240s), perforated, good extremely fine and
rare
£400-500
COLOMBIA
338
El Banco de la Republica, Colombia, specimen 5
pesos, green, specimen 10 pesos, blue and specimen
20 pesos, purple brown, all 1 January 1953, all red
zero serial numbers, Cordoba, Narino, De Caldas
respectively at left (Pick 399s, 400s1, 401s1), red De
la Rue overprint, faint mounting traces, good extremely
fine and scarce (3)
£300-400
COMOROS
336
El Banco de la Republica, Colombia, colour trial 5
pesos, 20 July 1927, black serial number 0000000, red
and lilac, Cordoba and allegorical maiden at left,
reverse red, Bank building in Bogota at centre (Pick
376ct), mounting traces, green De la Rue oval seal low
right, good extremely fine and rare
£300-400
339
Banque de Madagascar et des Comoros, specimen
1000 francs, ND (1960-63), serial number O.000
000, multicolour, woman and man at left centre,
reverse ox cart, red COMOROS overprint at low
centre (Pick 5as), perforated and overprinted
SPECIMEN, an attractive and fresh about
uncirculated, scarce
£300-400
337
El Banco de la Republica, Colombia, colour trial 10
pesos, 20 July 1927, red serial number 0000000,
green and lilac, General A. Narino at left, Mercury at
left, reverse green, bank building in Medellin at centre
(Pick 377ct), mounting traces, red De la Rue oval seal
low right, good extremely fine and rare
£300-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
340
Banque de Madagascar et des Comoros, specimen
5000 francs, ND (1960-63), serial number O.00 000,
multicolour, Gallieni at top left, young woman at low
right, rice pickers at centre, reverse woman with baby
at right, huts at left, red COMOROS overprint at
upper right centre (Pick 6as), perforated SPECIMEN,
and overprinted SPECIMEN No 0021, very small
corner bend at top left, thus about uncirculated
£500-700
CONFEDERATE STATES
341
Confederate States of America, $5, 2 Sept. 1861,
black and white, sailor at centre, Memminger low left
(P 20b), good very fine, scarce
£80-100
342
Confederate States of America, $20, 2 September
1861, serial number 8879, black and white, value in
green at left and right, Stephens at centre, allegorical
symbols of agriculture and Industry around (Pick 34,
Criswell 145), good fine, rare
£100-150
†344
Banque Nationale du Congo, an obverse composite
essay for a 50 francs, ND (ca 1960), green, lion and
dam, also an essay for a 100 francs, 1 July 1970, red,
toucan and Kasavubu at right (Pick 5 for similar, the
100 unrecorded), unique (2)
£150-200
345
Banque Nationale du Congo, 20 francs, 15
September 1962, serial number XA611055, green,
blue and brown, and 20 makuta (2), 24 November
1967, serial number A411985, and 1 October 1970,
serial number T637996, both Lumamba at right (Pick
4a, 10a, 10b), first two about uncirculated, third very
fine (3)
£150-200
COSTA RICA
CONGO
343
Conseil Monetaire de la Republique du Congo,
colour trial 100 francs, ND (1963), serial number AA
000000, blue and multicoloured, dam at left, value at
left and right (Pick 1 for type), red SPECIMEN
overprint, glue stains, perforated, about uncirculated
and rare
£80-120
x346
Republica de Costa Rica, specimen 10 pesos, San
Jose de Costa Rica, 2 January 1865, serial number
012701, black and pale pink-brown, arms at left, man
walking along road at right, counterfoil at left, reverse
(Pick 104 for similar), perforated, good extremely fine
and rare
£1,000-1,500
77

WORLD BANKNOTES
347
Banco Internacional de Costa Rica, colour trial 5
colones, San Jose, serie D, ND, red serial number
000000, red and pale green, coffee bean workers at
right, value at centre, reverse brown, monument (Pick
180ct), mounting traces, perforated, good extremely fine
and rare
£300-400
†349
Banco Central de Costa Rica, an obverse and reverse
composite essay on board for a 10 colones, San Jose,
ND (ca 1951), red serial number 0000000, blue and
multicoloured, Aquileo Echeverria at centre, value at
left and right, reverse blue, farmer and bullock cart,
value at left and right (Pick 221 for type), Pick states
Waterlow printings but these are De la Rue. Probably
the model used for the final issue, unique and attractive
(2)
£400-500
348
Banco Internacional de Costa Rica, colour trial 10
colones, San Jose, ND, serie D, green and blue and
lilac, three workers on horseback at centre, reverse
brown, Christopher Columbus at centre (Pick 181ct),
mounting traces, perforated, good extremely fine and
rare
£600-800
†350
Banco Central de Costa Rica, an obverse and reverse
composite essay on board for a 50 colones, San Jose,
ND (ca 1951), red serial number 0000000, green and
multicoloured, Ricardo Fernandez Guardia at centre,
value at left and right, reverse green, the National
Library at centre, value at left and right (Pick 223 for
type), Pick states Waterlow printings but these are De la
Rue. Probably the model used for the final issue, unique
and attractive (2)
£400-500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
CROATIA
x351
Croatian Anti-Fascist Government Authority, 1000 dinara, decree of 15 January 1943, series H-XXI, serial number 18113,
black text on pale blue and pink and red, soldiers in underprint at centre, red star within wreath at centre, manuscript signatures
below, reverse black and white text, manuscript annotation and date ‘19.VI.46 ’ low right, red circular handstamp low right with
star at centre (Pick S144, Schwan-Boling 763), a solid very fine and very rare
£2,500-3,000
CUBA
x352
El Banco Espanol de la Habana, specimen 100 pesos, Habana, 18- (ca 1872), serial number 20001-20001, black and
white, value in blue and green panel low centre, turreted maiden top centre, value in blue and green top left and right,
bank title in vertical blue and green panel at left, counterfoil at left (Pick 23s), perforated, good extremely fine and very rare,
a lovely and attractive note
£1,500-2,000
79

CYPRUS
WORLD BANKNOTES
x353
El Tesoro de la Isla de Cuba, specimen 100 pesos,
Habana, 12 August 1891, serial number 00000, bluegrey
and white, shepherd boy and lamb at left, maiden
at right, value in blue and orange guilloche at centre,
Spanish royal arms low centre, counterfoil at left,
reverse medallic heads in field (Pick 43s), handstamped
CANCELLED, good extremely fine, attractive and very
rare
£600-1,000
354
Banco Nacional de Cuba, specimen 1 peso, (2),
1956, 1958, black and pale blue, Marti at right,
specimen 5 pesos, 1958, black and green, Gomez at
right and specimen 10 pesos (2), 1956, 1958, black
and pink, De Cespedes at right (Pick 87as, cs, 91as,
88as, bs), faint mounting traces, good extremely fine (5)
£150-200
†355
Government of Cyprus, specimen 1/-, 1 May 1942,
specimen 2/-, 25 August 1947, and specimen 5/-, 1
November 1950, all purple and green, head of George
VI at centre (Pick 20s, 21s, 22s), date in top margin,
perforated SPECIMEN, mounting traces, good
extremely fine, rare (3)
£350-450
x356
Government of Cyprus, 10/-, 15 September 1948,
serial number F/7 045460, violet and olive brown,
George VI at top centre, reverse violet and white, arms
at top left (Pick 23) good fine, rare
£200-250
WWW.SPINK.COM
357
Government of Cyprus, 5/-, 1 November 1950,
serial number F/2 060015, blue and brown-purple on
multicolour underprint, George VI at centre, value in
tablet at centre and at top corners (Pick 22), original
and fresh, very fine
£200-250

April 10, 11 & 12, 2013 - LONDON
x358
Government of Cyprus, 3 piastres, 18 June 1943,
prefix A/1, pale blue, George VI at centre, also 1/-,
1944, prefix C/6, purple and green, George VI at
centre (Pick 28a, 20), extremely fine and very fine
respectively (2)
£80-120
†361
Republic of Cyprus, colour trial £1, ND (1961), redorange
and multicoloured, stone carving at left, arms
and map of Cyprus at right, also colour trial £5, ND
(1961), blue and multicoloured, embroidery at left,
arms and map of Cyprus at right (Pick 39ct, 40ct),
perforated, uncirculated and rare (2)
£400-600
†359
Government of Cyprus, colour trial 250 mils, brown,
colour trial £1, violet and colour trial £5, red and
green, all ND (type of 1955), all Elizabeth II and map
of Cyprus at right (Pick 33ct, 35ct, 36ct), perforated,
uncirculated, attractive and rare (3)
£800-1,000
†362
Republic of Cyprus, an obverse composite essay for a
1 pound, ND (1961), serial number A/1 000001,
dark brown and pink and lilac, carving at left, arms and
map of Cyprus at right (Pick 39 for type), unique
£500-700
†360
Republic of Cyprus, an obverse composite essay for a
250 mils, ND (type of 1961), serial number A/1
000000, red-brown, pale green and lilac, fruit at left,
arms and map of Cyprus at right (Pick 37 for type),
unique
£400-600
x363
Central Bank of Cyprus, specimen 500 mils, ND
(1964-79), green on multicolour underprint, arms at
right, map of Cyprus at low right, value at top corners,
reverse road with low of trees (Pick 42s), cancellation
holes, overprinted SPECIMEN,
£100-150
81

DENMARK
WORLD BANKNOTES
x364
Central Bank of Cyprus, colour trial £5, ND (1964-
66 issue), no serial numbers, purple on multicoloured
underprint, arms at right, map at low right, value at
top left and right (Pick 44ct), cancellation holes,
overprinted SPECIMEN OF NO VALUE in top
margin, some spots of foxing thus good extremely fine,
scarce
£180-220
DANZIG
366
Copenhagen Exchange and Mortgage Bank,
Denmark, 5 riksdaler, 1796, serial number 54631,
black text on pale blue parchment-like paper,
manuscript signatures below (Pick A29), about very
fine and scarce
£300-400
367
Frederikshavn Kreditbank, 10 kroner, ND
(ca 1894-), handstamped serial number 1920, green
and pale brown, Mercury at left, buildings at centre
(Pick S195), extremely fine
£80-100
DJIBOUTI
Banque de l’indochine
†365
Bank of Danzig, specimen 500 gulden, 10 February
1924, red serial number E 000001-E 025000, green
and pale orange, Zeughaus (the Arsenal) at centre,
arms at left, value low centre and at each corner,
reverse green and lilac, statue at right (Pick 56s), ink
date ‘25.3.24’ in top margin, perforated
CANCELLED, about uncirculated and rare
£1,500-2,000
368
Banque de l’Indochine, Djibouti, specimen 100
francs, ND (1928-38), serial number 0.00 000,
multicoloured, woman with wreath and small statue of
Athena at centre, value at low centre and low right,
reverse Angkor statue (Pick 8s), perforated
SPECIMEN, uncirculated
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
369
Banque de l’Indochine, Djibouti, 500 francs, 8
March 1938, serial number A.3 198, red-brown and
green, woman with coat of arms and branch at left,
ships at top centre (Pick 9b), about uncirculated, scarce
in this grade and a beautiful note
£300-400
372
Banque de l’Indochine, Djibouti, 20 francs, ND
(1943), serial number B.64 742, blue and red on light
gold underprint, female head at right, value at low
centre, overstamped COTE FRANCAISE DES
SOMALIS B.C.C. DJIBOUTI in a rectangle at top
right (Pick 12A), hole-punch cancelled and
handstamped ANNULE on obverse and reverse,
paperclip rust marks and a tear in upper margin,
overall almost fine
£150-250
x370
Banque de l’Indochine, 1000 francs (5), ND (1938),
Djibouti, multicoloured, market scene, Borduge and
Baudouin signatures (Pick 10, Kolsky 617), fine to very
fine (5)
£180-220
373
Banque de l’Indochine, Djibouti, 20 francs, ND (19
February 1945), serial number F.11 0509/245509,
red on yellow underprint, value at left, ornate border
with flowers, reverse house and palm at centre (Pick
15), hole-punch cancelled, hand stamped ANNULE on
obverse, overall about fine and scarce
£120-180
371
Banque de l’Indochine, Djibouti, 5 francs, ND
(1943), serial number B.64 742, blue and red on light
gold underprint, helmeted female head at low left,
value above, overstamped with cross of Lorraine and
antelope head (Pick 11), hole-punch cancelled and
handstamped ANNULE on obverse and reverse, firm
edges and paper quailty good, overall fine and scarce
£150-200
83

EAST AFRICA
WORLD BANKNOTES
374
Banque de l’Indochine, Djibouti, specimen 100
francs, ND (1946), serial number O.00 000,
multicoloured, woman at right, man ploughing with
oxen at right, value at top left and right, reverse man
with anchor and workers (Pick 19As), perforated
SPECIMEN, about uncirculated, becoming scarce
£150-250
DOMINICAN REPUBLIC
375
Banco Central de la Republica Dominica, specimen
5, 10 and 20 pesos, ND (1952), all serial number A
000000 A, black and white with orange seal, Sanchez,
Mella and Trujillo respectively (Pick 68s, 69s, 70s),
faint mounting traces, De la Rue seal at right, good
extremely fine and scarce (3)
£200-300
†376
Government of the East Africa Protectorate, a
series of bromides showing three unissued designs, all
dated 1 December 1919, the denominations are 1
rupee, 7 rupees & 50 cents, and 15 rupees, the 1 rupee
has three bromides of the different layers of the
obverse, and one of the reverse, and the others have
three of the obverse and a shared image of the reverse,
all are annotated with the intended dimensions of the
note, the colour of the layer in question, and are dated
3rd November 1919 in the margin (unlisted, see Pick
7 for 1 rupee design with different bank title), some
edges brittle and a few cracked, but generally
presentable, an interesting discovery, unique (10)
£500-700
†377
East African Currency Board, uniface black and
white die proof of a 20/- or £1, 15 December 1921,
George V at top right, value at centre and top left,
mounted on gridded and watermarked paper, printers
marks/security features hand drawn in red ink (Pick
15 for type), damage at low right, overall good fine,
unique
£400-500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†378
East African Currency Board, uniface black and
white die proofs of a 1 rupee, 1 May 1920, George V
at right, value in tablet at left centre, reverse hippo at
centre, shield and spears below, value at left and right,
mounted on gridded and watermarked paper, each
side has printers marks/security features hand drawn
in red ink (Pick 7 for type), this denomination not
issued with this date (1 florin was issued instead), paper
is annotated with date “12 Feb 1920”, extremely fine,
unique and interesting (2)
£600-800
†379
East African Currency Board, uniface black and
white die proofs of a 1 florin, 1 May 1920, George V
at right, value in tablet at left centre, reverse hippo at
centre, shield and spears below, value at left and right,
mounted on gridded and watermarked paper, each
side has printers marks/security features hand drawn
in red ink (Pick 8 for type), paper is annotated with
date “4 april 1920”, about extremely fine, unique and
interesting (2)
£500-700
85

WORLD BANKNOTES
†380
East African Currency Board, uniface black and
white die proofs of a 5/-, 15 December 1921, George
V at low right, value at centre and low left, reverse lion
at centre flanked by values, value also at each corner,
mounted on gridded and watermarked paper, each
side has printers marks/security features hand drawn
in red ink (Pick 13 for type), paper is annotated with
date “21st November 1921”, good very fine, unique and
interesting (2)
£600-800
†381
East African Currency Board, reverse die proof of a
1 florin, 1 May 1920, blue, hippo at centre, shield and
spears below, value at left and right, also three
vignettes of hippos, brown, the first the reverse of the
image on the proof, the others size varations of a
different design, all mounted on brown card (Pick 8),
proof perforated CANCELLED and has some damage
at left where mounted otherwise about extremely fine,
vignettes as produced, unique and attractive (4)
£200-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
A Superb 20 Florins
†382
East African Currency Board, specimen 20 florins/two pounds, Mombasa, 1 May 1920,
serial number A/1 000001-A/1 100000, pink-red and blue, head of George V top centre,
value in underprint at centre and at left and right, three printed signatures low right, reverse
pink-red and white, lion and value (Pick 11s), a most striking note and in the opinion of the
cataloguer ‘absolutely gorgeous’, this must be one of the best looking of all the Commonwealth
issues. Excessively rare
£6,000-8,000
87

WORLD BANKNOTES
383
†383
East African Currency Board, obverse and reverse
composite essay on card for a 10000 shillings or 500
pounds (2), Mombasa, 15 December 1921, black,
blue and turquoise, George V at top right, value at top
left and each corner, reverse blue, lion at centre
flanked by values, with values at each corner (Pick 19
for type), ink annotations “duplicate” and showing the
date “22-8-25”, obverse quite foxed, a remarkable essay
of an iconic note, very attractive and unique
£2,500-3,500
384
East African Currency Board, 20 shillings or 1
pound, 1 August 1951, serial number Y/2 02922,
blue-black on multicolour underprint, George VI at
top left, value at top right, reverse yellow/tan, lion at
centre, flanked by values, value also at each corner
(Pick 30b), a fresh and original good very fine
£80-120
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
385
†385
East African Currency Board, specimen 10,000
shillings, 2 January 1939, serial number A/1 00000,
pale blue, pink and green, head of George VI top left
in oval frame, value top right, three signatures low
right, reverse pale blue, lion at centre (Pick 32 for
similar), ink date ‘19.4.39’ on reverse, a small nick at
left centre margin otherwise a fresh example, almost
uncirculated and very rare, this date not recorded in
Pick
£4,000-6,000
386
East African Currency Board, specimen 10/-, green,
specimen 20/-, blue and specimen 100/-, red, all ND
(1958), all serial number A 00000, all with four
signatures low right and portrait of Elizabeth II at top
left (Pick 38s, 39s, 40s), faint mounting traces, first
two perforated, the 100/- no perforations. Red De la
Rue seal low right, good extremely fine and rare (3)
£500-700
89

WORLD BANKNOTES
ECUADOR
x387
El Banco Comercial y Agricola, specimen 5 sucres,
15 July 1917, serial number 00000, black on orange
and yellow underprint, three male portraits at centre
right, cherub (‘Abundance’) at left, reverse orange,
value at left and right (Pick S127s), cancellation holes,
red SPECIMEN overprint,
£250-350
ECUADOR/PARAGUAY
388
Banco Central del Ecuador, specimen 5 sucres (2),
De Sucre at centre, and specimen 50 sucres,
monument at centre, all black and multicoloured, all
ND (1958), (Pick 113s, 116s), also Banco Central del
Paraguay, a specimen set comprising 1, 5, 10, 50, 100,
500 and 1000 guaranies, law of 1952, all serie A,
various dignitaries in field, also a specimen 50, 500
and 1000 guaranies (Pick 185as-190bs), faint
mounting traces, red De la Rue seal, good extremely fine
(13)
£250-350
EGYPT
A 50 Piastres of 1899
x389
National Bank of Egypt, 50 piastres, 1 January 1899, serial number A/1
257574, black, white and pink, sphinx at centre, value low centre and at
each corner, Rowland signature, reverse green, value at left and right (Pick
1, Hanafy M1b), an original and pleasing good fine and very rare, one of the
key notes for series
£8,000-9,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
‘The Two Camels’
390
National Bank of Egypt, specimen £1, 5 January 1899, serial number
B/1 000001-B/1 350000, pink, pale orange-brown and black, two camels
at centre, value at left and at each corner, reverse orange-brown, value at
left and right (Pick 2 for type, Hanafy M1s ), perforated SPECIMEN, small
stain low right field otherwise about uncirculated and an iconic issue for the
Egyptian series, extremely rare and a lovely note
£12,000-16,000
x391
National Bank of Egypt, £1, 5 January 1899, serial number B/1
279829, black, white and pale orange-red, two camels at centre, value at
each corner, Rowland signature, reverse orange-brown, value at left and
right (Pick 2, Hanafy M1b), VG to fine, presentable enough for such a rare
note and an iconic type note for series
£2,500-3,000
91

WORLD BANKNOTES
x392
National Bank of Egypt, 25 piastres (2), 1942,
1948, prefixes L/68 and L/88, purple and green,
quayside scene at centre, Nixon and Leith-Ross
signatures respectively (Pick 10c, 10e, Hanafy M1c,
e), good extremely fine (2)
£180-220
x395
National Bank of Egypt, 50 piastres, 4 July 1916,
brown and pale yellow-brown, sphinx at left, value
right centre and low left and top right, Rowlad
signature reverse blue, value in field (Pick 11, Hanafy
M2a), very fine, rare
£800-900
393
National Bank of Egypt, 50 piastres, 14 June 1918,
serial number P/44 054734, brown-purple on yellow
underprint, Sphinx at left, value at low left and top
right, reverse blue, value at low centre and left and
right (Pick 11, Hanafy M2b), original good fine, scarce
£300-500
†396
National Bank of Egypt, specimen £1, 9 February
1916, serial numbers R/28 000001-R/28 100000,
blue and pale red, the Gate at the Temple of Kansu at
left, value at right reverse green and orange, value
(Pick 12as, Hanafy M2s), ink date ‘7.1.16’ in top
margin, perforated CANCELLED, good extremely fine
and rare
£800-1,200
x394
National Bank of Egypt, 50 piastres, 6 July 1916,
serial number Q/66 004561, brown and pale brown
and lilac, sphinx at right, value low centre and at each
corner, Rowlad signature, reverse blue-green, value at
left and right (Pick 11, Hanafy M2a), almost fine, rare
£800-1,000
x397
National Bank of Egypt, £1, 28 July 1918, serial
number S/8 002666, blue on pink and green
underprint, ruins and palm trees at low left (Pick 12a,
Hanafy M2b), a fresh and original good very fine,
attractive and quite scarce
£350-450
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x398
National Bank of Egypt, £1, 14 April 1918, serial
number R/98 043810, blue and red, ruins at left,
value at centre and at each corner, Rowlad
handstamped signature, reverse green and pink
orange, value (Pick 12, Hanafy M2b), almost very fine,
scarce
£450-550
†400
National Bank of Egypt, specimen £10, 26
November 1918, serial X/24 000001-X/24 050000,
brown and multicoloured, street scene and the
Mosque of Qayetbay at right, value at left, reverse
brown (Pick 14s, Hanafy M3), ink date ‘13.11.18’ in
top margin, perforated CANCELLED, good extremely
fine, rare
£1,000-1,500
x401
National Bank of Egypt, £10, 30 April 1920, serial
number X/41 066502, brown and multicoloured,
Mosque and street scene at right, value at left, Rowatt
signature, (Pick 14, Hanafy M3b), last prefix for type,
a presentable fine and rare
£300-400
†399
National Bank of Egypt, a group of bromides, ca
1911, comprising £10 (4), three with design of
feluccas and the ruins at Philae and one with a young
woman in a veil at right most unusual and the last a
new design (4)
£200-300
x402
National Bank of Egypt, £50, 7 December 1944,
serial number N/6 055457, purple and
multicoloured, camel train and Mameluke tombs at
centre, Nixon signature (Pick 15b, Hanafy M2d),
almost very fine and scarce
£500-600
93

WORLD BANKNOTES
x403
National Bank of Egypt, £50 (2), 1 March 1945,
serial number N/7 064532, 073022, purple and
multicoloured, camel train and Mameluke tombs at
centre, Nixon signature, one with unusual style of
printing and one with normal printing (Pick 15b,
Hanafy M2d), fine and almost very fine, an unusual
pair of notes (2)
£1,500-2,000
x405
National Bank of Egypt, £100, 4 June 1936, serial
number K/3 073833, purple, green and
multicoloured, Mosque at right, the Citadel of Cairo
and camel at left, Cook signature, reverse green and
multicoloured, felucca and the ruins at Philae at
centre, value top left and right (Pick 17c, Hanafy
M3b), a pleasing very fine and scarce in this grade
£700-900
†404
National Bank of Egypt, specimen £100, 1
November 1918, serial number Z/8 100000, purple
and multicoloured, the Mosque of Muhammad Ali at
centre, value at left and right, reverse violet, green and
orange, value at left and right (Pick 16s, Hanafy M2s),
perforated CANCELLED, good extremely fine, very
rare
£3,000-4,000
x406
National Bank of Egypt, £100, 4 June 1936, serial
number K/4 039559, purple, green and
multicoloured, Mosque at right, the Citadel of Cairo
and camel at left, handstamped Nixon signature,
reverse green and multicoloured, felucca and the ruins
at Philae at centre, value top left and right (Pick 17c,
Hanafy M3b), a pleasing very fine and scarce in this
grade
£600-700
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x410
National Bank of Egypt, £5 (2), 5/7 December
1945, M/112 and M/113, green and violet, bank
building at centre, Nixon, reverse red and blue and
green, well and palm trees at centre (Pick 19d, Hanafy
M3e), about fine and scarce, the first and last prefix for
type (2)
£150-200
x407
National Bank of Egypt, £1, 13 July 1924, serial
number H/43 056022, red, blue, green and lilac,
camel at centre, Hornsby signature, reverse blue and
red, value and bank initials (Pick 18, Hanafy M3e),
good fine, scarce
£300-400
411
National Bank of Egypt, 5 pounds (2), 24 May 1943
and 1 February 1944, prefixes M/69 and M/81,
purple and green on multicolour underprint, bank
building at centre, value at each corner, reverse palm
trees and building at centre, value at left and right
(Pick 19c, Hanafy M3d), about extremely fine (2)
£150-250
x408
National Bank of Egypt, £5, 12 September 1930,
prefix M/21, green and violet, bank building at
centre, Hornsby signature, reverse red and blue and
green, well and palm trees at centre (Pick 19a, Hanafy
M3b), good fine and scarce
£150-200
x412
National Bank of Egypt, £1, 10 January 1930, serial
number J/10 817437, green and multicoloured,
‘Fellah’ at right, value at centre and at each corner,
Hornsby signature, reverse violet, minaret at centre,
value at left (Pick 20, Hanafy M4), very fine and scarce
£500-600
x409
National Bank of Egypt, £5 (3) September 1936,
1943, 1945, prefixes M/34, M/74, M/124, green
and violet, bank building at centre, Cook, Nixon and
handstamp Nixon signatures, green, well and palm
trees at centre (Pick 19b, c, e, Hanafy M3c, d), good
very fine and scarce (3)
£200-250
†413
National Bank of Egypt, specimen 50 piastres, 11
May 1940, serial number A/10 000001-A/10
1000000, green, King Cephren at left and specimen
£1, 3 May 1940, serial number J/35 000001 - J/35
1000000, blue, Tutankhamen at right (Pick 21as,
22cs, Hanafy M3s, M5s), ink date in top margin,
perforated CANCELLED, good extremely fine, rare (2)
£600-800
95

WORLD BANKNOTES
x414
National Bank of Egypt, 50 piastres, 11 January
1944, serial number A/27 738321, green and
multicoloured, Tutankhamen at left, Nixon signature
(Pick 21b, Hanafy M3c), a very unusual handstamp
Nixon signature thus quite rare. Crease at centre
otherwise almost extremely fine
£160-220
x415
National Bank of Egypt, 50 piastres (4), 1935,
1945, 1950, 1951, prefixes A/4, A/31, A/51, A/58,
green and multicoloured, Tutankhamen at left, Cook,
Nixon, Leith-Ross and Fikry signatures respectively
(Pick 21a, b, c, d, Hanafy M3a, c, d, e), good fine, next
two very fine, last extremely fine (4)
£150-200
†418
National Bank of Egypt, colour trial/specimen £10,
Cairo, 10 January 1930, zero serial numbers, brown
and multicoloured, Al Nahhaseen street with the
Madrasa and the Mosque of Sultan al-Nasir
Muhammad ibn Qalawun, reverse purple, palm trees
and waterwheel (Pick 23 for similar, Hanafy M4 for
type), first date recorded for type 3 March 1931, printers
annotations, scuffed, very fine and very rare
£2,000-3,000
x416
National Bank of Egypt, £1, 3 June 1948, prefix
J/114, blue and multicoloured, vignette of
Tutankhamen in brown circular frame at right, Leith-
Ross signature (Pick 22d, Hanafy M5f), uncirculated
and a lovely fresh note
£100-150
x417
National Bank of Egypt, £1 (3), 1930, 1940, 1943,
blue and multicoloured, Tutankhamen at right,
Hornsby, Cook and Nixon signatures respectively, the
Hornsby the last prefix for type (Pick 22a, 22b, 22e,
Hanafy M5a, b, e), pressed almost very fine, balance
fresh good very fine (3)
£180-240
†419
National Bank of Egypt, specimen £10, 11 October
1935, serial X/47 000001-X/47 100000, brown and
multicoloured, Al Nahhasseen street and the Mosque
of Sultan al-Mansour Qala’un at right, reverse violet
and green, well and palm trees, value at left and right
(Pick 23as, Hanafy M4a), ink date ‘12.10.35’ in top
margin, perforated CANCELLED, good extremely fine,
rare
£700-1,100
x420
National Bank of Egypt, £1 (4), 1950, 1951, 1952
(2), blue and red and multicoloured, King Farouk at
right, Leith-Ross, Saad, also Fikry with first and last
prefixes (Pick 24a, 24b, 24c, Hanafy M6a, b, c), very
good to fine (2), good fine (2)
£140-180
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x421
National Bank of Egypt, £5 (7) 1946-, green and
orange, King Farouk top right, the Citadel of Cairo at
left, Saad, El Amary, Elrefai, Zendo signatures (Pick
25b, 31b, 31c, 31d, 39a, 40, Hanafy M4aff), first
almost very fine, balance about extremely fine or better
(7)
£140-180
x422
National Bank of Egypt, 100 pounds, 1951, prefix
CD/4, purple and multicoloured, King Farouk at
right, minaret at left, Saad signature (Pick 27b, Hanafy
M4b), annotation removed at left thus very fine
£150-200
x423
National Bank of Egypt, 25 piastres (3), 1952-,
prefixes 12, 36, 52, green and multicoloured,
Tutankhamen at right, Fikry, Saad and El Amary
signatures respectively (Pick 28), uncirculated (3)
£40-60
†425
Central Bank of Egypt, colour trial £1, violet and
pale blue, also a colour trial £5, blue and green, both
ND (ca 1961-1964), both Tutankhamen at right (Pick
37ct, 40ct, Hanafy M8bct, 7ct), perforated, good
extremely fine and rare (2)
£400-600
x426
Central Bank of Egypt, 5 pounds (2), 1961,
consecutive serial numbers 067757-58, green and
brown on multicolour underprint, Tutankhamen’s
Mask at right, ‘spiders web’ guilloche at left, value at
each corner (Pick 38, Hanafy M6ct), uncirculated (2)
£120-160
x424
National Bank of Egypt, colour trial 1 livre, 1965
zero serial numbers, violet and blue, Tutankhamen at
right, Zendo signature, reverse violet and white, value
(Pick 30 ct, Hanafy M8bct), perforated, red
SPECIMEN overprint top left and right, uncirculated
and rare
£500-600
†427
Egyptian Government Currency Note, specimen 10
piastres, 27 May 1917, green & orange, reverse blue,
the Colossi of Memnon at centre (Pick 160b)
perforated CANCELLED, good extremely fine, rare
£350-450
97

WORLD BANKNOTES
An Exceptional 5 Piastres, Type of 1920
†428
Egyptian Government Currency Note, specimen 5 piastres, 22 May
1920, black, pink, blue and orange, value at centre and at each corner, very
ornate detail in field, signature of the Minister of Finance, Mahmoud
Fakhry Pasha, reverse blue and red, felucca and palms at centre, value at
left and right (Pick 162As, Hanafy page 118 for type), uncirculated and
extremely rare
£1,500-2,500
x429
Egyptian Government Currency Note, 5 piastres, ND (L.1940),
serial number 616582, green on brown underprint, value at low left
and right and each corner, reverse lilac, Aswan Dam (Pick 163), very
fine
£200-250
430-431
No lots
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April 10, 11 & 12, 2013 - LONDON
EL SALVADOR
x432
Egyptian Government Currency Note, 10 piastres
(4), ND (L.1940), serial numbers 347870, 155958,
008876 and 697996, blue on green underprint, King
Farouk at top right, value at each corner, reverse green
on pink underprint (Pick 168a), very fine (4)
£120-160
†434
El Banco Central de Reserva de El Salvador, an
obverse and reverse composite essay for a 25 colones,
20 July 1963, red serial number AC 000000, black
and multicoloured, hydro-electric dam at centre,
reverse grey and blue, Columbus at left centre, value at
left and right (Pick 104 for similar), unique (2)
£200-300
ESTONIA
x433
United Nations Emergency Force booklet, chits in
a tan booklet in the denominations of 1 piastre (6 of
15), ND (ca. 1956), red serial number on booklet
210651, 2 piastres (5) and 5 piastres (3 of 5) and 10
piastres (2 of 5) to a total of 1 Egyptian pound, all
with title U.N.E.F and MIDDLE EAST in text,
printed by the Globe ticket company, Philadelphia. Good
extremely fine and a most unusual item, presumably for
use in the NAAFI or similar by French and British forces
during the Suez crisis.
£300-500
435
Estonia Republic Treasury, 5, 10, 20 and 50 penni,
and 1 mark, 1919, also 3 marka (2), 1919, first three
block colours and crude designs (Pick 39-44a), mixed
grades, very fine to about uncirculated (7)
£100-150
436
Estonia Republic Treasury, 3 Marka (2), 1919,
green on grey underprint, 5 marka (2), 1919, both
blue, one on light blue and one on grey underprint, 10
marka (3), dark blue and tan, 1919, 25 marka,
1919grey and tan (Pick 44, 45, 46b, 46c, 46d, 47a),
generally very fine to extremely fine, one 10 marka with
tear at fold (8)
£300-350
99

WORLD BANKNOTES
437
Estonia Republic Treasury, specimen 500 marka (2),
1920-21, issued serial numbers, mauve on pale blue,
value at left and right (Pick 39ds, 94es), overprinted
PROOV, one with thinning and damage at top right,
thus good fine, other with tear at top centre, thus very
fine (2)
£100-150
440
Estonia Republic Treasury, 25 marka (2), 1922,
serial numbers A3765357 and 3317796, purple on
brown and green underprint, signature varieties (Pick
54a, 54b), first extremely fine, second about
uncirculated (2)
£150-200
438
Estonia Republic Treasury, specimen 100 marka,
1923, uniface, serial numbers 0123456/7890000,
also a 100 marka, 1928, overprinted on 1923 issue,
two sided, serial number A11607503, both blue-green
on multicolour underprint, bank building at centre,
value at left and right (Pick 51s, 61), first overprinted
PROOV, second overprinted UKS KROON, first good
extremely fine, second good very fine (2)
£150-200
441
Bank of Estonia, 50 and 100 marka, 1919/1921,
serial numbers 00220984/1346171, green, blue and
brown and orange, brown and tan respectively, value
at left and right, second with blacksmiths at centre
(Pick 55a, 56a), presentable very fine (2)
£150-200
439
Estonia Republic Treasury, 25 marka (3), 1922,
red/dark red serial numbers, first grey and green,
others purple, grey and green, value at centre and each
corner, reverse text and values (Pick 54a, 54ax), all
different variations, good very fine or better (3)
£200-250
442
Bank of Estonia, 50 marka, 1919, serial number
00359370, blue, brown and green, also 5 marka,
1919, serial number 00001333, dark blue, light blue
and tan (Pick 45a, 55a), first good very fine, second good
extremely fine, a nice low number, scarce (2)
£150-200
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April 10, 11 & 12, 2013 - LONDON
ETHIOPIA
443
Bank of Estonia, 100 krooni, 1935, serial number
0094426, dark blue on multicolour underprint,
blacksmith at left, also a 10 krooni, 1940 serial
number B-1712595, dark blue on multicolour
underprint, and a proof of the same note with only
underprint on obverse (Pick 66, 68a, 68pr), 100 krooni
good very fine, 10 krooni small hole at top left, otherwise
extremely fine, proof about uncirculated (3)
£350-450
446
Ethiopian State Bank, colour trial $500, ND (1961),
serial number G/1 000000, red and green and pink,
Fasilides castle at left, Emperor Haile Selassie at right,
value at left and right (Pick 24 for type), black
SPECIMEN overprint, perforated, glue stains but about
uncirculated and rare
£150-200
FAEROE ISLANDS
x447
Faeroe Islands, Danish Administration, 10 kroner,
1 October 1940, first emergency issue, serial number
25537, brown on light brown underprint, value at
each corner (Pick 7a), PMG 35, choice very fine, EPQ,
very scarce
£1,200-1,800
444
Bank of Estonia, sheet of six 10 krooni, 1940, all
series B with issued serial numbers, dark blue on light
blue and tan underprint, woman with corn and sickle
at left, value at top right (Pick 68a), two clip holes in
margins, otherwise about uncirculated
£400-500
445
Estonian Republic Treasury/Bank of Estonia, 3
marka, 1919, 25 marka, 1919, and 25 marka, 1925,
(Pick 44, 47a, 84a), first very good, second fine, last very
fine (3)
£80-120
†448
Faeroe Islands, specimen 1, 5, 10 and 100 kroner,
November 1940, no serial numbers, value and text
within wreath, red BRADBURY seal low centre,
reverse value (Pick 9s-12s), perforated, uncirculated
and rare (4)
£1,400-1,800
101

WORLD BANKNOTES
†449
Government of the Falkland Islands,
colour trial £1, ND (1899-1905 issue),
with tracing paper overlay showing the
value 5/-, green on a peach underprint
(like the issued 5/- of 1901), note hand
dated “8/8/00” and the overlay is signed
“approved” and dated “9/8/1900” (Pick
A1 and A3 for types), note is good very fine,
some damage to edges of tracing paper
overlay, a fascinating item, and very rare
£1,000-1,500
FALKLAND ISLANDS
See text prior to lot 156 for an explanation of these items
†450
Government of the Falkland Islands, a colour test
for the 5/- of 1916, brown, ornate border, value in
tablet at centre and at low centre and left and right,
mounted on gridded and watermarked paper and
titled “Appendix A” and dated “5th May 1913”, (Pick
A1A for type), annotated in red “approved 20th August
1913”, unique and interesting
£600-800
†451
Government of the Falkland Islands, a colour test
for the £1 of 1915 on a 5/- of 1916, blue on pink
underprint, ornate border, value in tablet at centre and
at low centre and left and right, mounted on gridded
and watermarked paper and titled “Appendix B” and
dated “5th May 1913”, also part of a letter exchange
between the Falkland Government and De la Rue
regarding the cost and printing of the 5/- of 1901
(Pick A3 for type), unique and interesting (2)
£600-800
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April 10, 11 & 12, 2013 - LONDON
x452
Government of the Falkland Islands, £1, 19 May
1938, serial number D 68541, green and blue and
lilac, George VI at left, value at right (Pick 5), faint
central crease othewise about extremely fine and scarce
£200-250
†455
Government of Fiji, specimen £1, 1 March 1935,
prefix B/1, green and pink, arms top centre, George
VI in red oval vignette at left, Wright, Craig and Boyd
signatures, reverse multicoloured, bank title at centre
(Pick 33cs), ink date in top margin, perforated
CANCELLED, mutliple creases but excellent paper
quailty, good very fine to about extremely fine and rare
£600-800
x453
Government of the Falkland Islands, 50 pence, 20
February 1974, brown and grey, and £1, 2 January
1967, blue, lilac and green, Elizabeth at right (Pick 8a,
10b), uncirculated (2)
£80-120
FIJI
x456
Government of Fiji, 5/-, 1 June 1951, prefix B/6,
blue and brown, George VI at right, arms top centre
(Pick 37k), in PMG holder 58, choice about
uncirculated, EPQ
£200-250
†454
Government of Fiji, colour trial 10 shillings, ND
(1934), no serial numbers, violet and multicoloured,
George V at right, arms top centre, reverse
multicoloured, bank title at centre (Pick 32ct),
perforated, red BRADBURY seal low right,
uncirculated and very rare
£1,000-1,500
†457
Government of Fiji, 10 shillings, 1 June 1951, serial
number B/6 05922, brown and pale blue, George VI
at right, arms top centre, reverse multicoloured central
guilloche, bank title at centre (Pick 38k), fresh and
original, almost uncirculated, rare in this grade
£400-600
103

WORLD BANKNOTES
†458
Government of Fiji, specimen £1, 1 March 1938,
prefix B/1, green and pink, arms top centre, George
VI in red oval vignette at left, Barton, Craig and
Savage signatures, reverse multicoloured, bank title at
centre (Pick 39bs), ink date in top margin, perforated
CANCELLED, good extremely fine and rare
£300-400
461
x459
Government of Fiji, £1, 1 March 1938, serial
number B/2 86957, green, pink and red, George VI
at right, arms at top centre (Pick 39b), fine and a rare
earlier date
£250-300
†460
Government of Fiji, colour trial £20, ND (1937),
grey, lilac and violet, George VI at right, arms top
centre, value at centre and at each corner, reverse
multicoloured guilloche at centre, bank title (Pick
43ct), perforated, red SPECIMEN overprint,
uncirculated and rare
£1,000-1,500
x461
Government of Fiji, sheet of six unissued 1 shillings,
1 January 1942, no serial numbers, uniface, black on
laid paper, arms at top centre, value at each corner,
whole sheet watermarked at centre right (Pick 48r2),
some small spots of foxing otherwise about uncirculated
£400-500
x462
Government of Fiji, sheet of six unissued 2 shillings,
1 January 1942, no serial numbers, black on orange
underprint, arms at top centre, value at each corner,
‘Colony of Fiji’ repeated in underprint on both sides
(Pick 50r2), some small spots of foxing otherwise about
uncirculated
£400-500
WWW.SPINK.COM
462
x463
Government of Fiji, 5/-, blue-green and 10/-,
brown, both 1 October 1965, both Elizabeth II and
arms (Pick 51e, 52e), good very fine and almost
uncirculated (2)
£150-180
x464
Government of Fiji, colour trial £20, ND (1954-58),
no serial numbers, green and purple, Elizabeth II at
right, arms at top centre, value at each corner (Pick
57ct), cancellation holes, overprinted SPECIMEN,
foxing along top margin, good extremely fine, scarce
£700-900

April 10, 11 & 12, 2013 - LONDON
†465
Government of Fiji, specimen 50 cents (3), ND
(1968), prefixes A/1, A/2, A/3, blue-green, Ritchie-
Barnes, Barrett and Stinson signatures respectively,
also a Monetary Authority specimen 50 cents, ND
(1974), Barnes and Earland signatures (Pick 58s, 64as,
64bs, 70as), perforated, good extremely fine and rare
(4)
£250-300
†468
Government of Fiji, specimen $10, ND (1968),
prefix A/1, violet and pale orange and lilac, Stinson
signature, also Monetary Authority specimen $10 (2),
ND (1974), Barnes and Earland signatures (Pick 68bs,
74bs, cs), perforated, good extremely fine and rare (3)
£300-500
†466
Government of Fiji, specimen $1 cents (4), ND
(1968), prefixes A/1, A/2, A/3, A/4, A/5, B/1,
brown and pale green, Ritchie-Barnes (2), Barrett,
Stinson, signatures respectively, also a Monetary
Authority specimen $1 (2) cents, ND (1974), Barnes
and Earland, Barnes and Tomkins signatures (Pick
59s, 65as, 65bs, 71as, 71bs), perforated, good extremely
fine and rare (6)
£400-600
†469
Monetary Authority of Fiji, specimen $5 (3), ND
(1974), prefixes A/1, A/3, A/4, orange and pale
green, Barnes and Craik, Barnes and Earland, Barnes
and Tompkins signatures respectively (Pick 73as, bs,
cs), perforated, good extremely fine and rare (3)
£300-400
†467
Government of Fiji, specimen $2 (2), ND (1968),
prefixes A/1, A/3, blue-green, Ritchie-
Barnes/Barrett signatures respectively, also Monetary
Authority specimen $5 (3), ND (1974), Barnes and
Craik, Barnes and Earland, Barnes and Tompkins
signatures (Pick 60s, 66as, 72as, 72bs, 72cs),
perforated, good extremely fine and rare (5)
£400-500
†470
Monetary Authority of Fiji, specimen $20 (3), ND
(1974-82), prefixes A/1, A/2 and A/3, blue and pale
green, Elizabeth II at right, Barnes and Earland (2)
and Barnes and Tompkins signatures (Pick 75bs, cs),
perforated, red SPECIMEN overprint, good extremely
fine and rare (3)
£350-450
105

WORLD BANKNOTES
FINLAND
†471
Union Bank of Finland, specimen 25 markkaa, ND (1882), serial
number 000001-150000, black, pale blue and orange, man with wolfskin
headress at left, value in pale orange underprint at centre, value at right,
reverse pale blue and black, rapids at centre in oval frame, value at left and
right (Pick S104s), perforated, pencil date ‘Sep 20/82’ top left margin,
uncirculated and extremely rare, lovely
£1,200-1,800
FRANCE
472
A group of Assignat sheets, comprising a sheet of
two 50 francs, 14 December 1792, series 1830, two
sheets of ten 5 livres, 1793, first sheet series 16161,
second 28055, all different signatures, also three
sheets of 10 livres, 24 October 1792, series 14472,
15034 and 15089 (Pick A76, A72, A66b), some with
foxing or small water stains, one sheet of 5 livres slightly
miscut at top, overall very fine to extremely fine (6)
£150-200
x473
France, Promesse de Mandats Territoriaux, sheet of
five 500 francs, 1796 issue, series 9, serial numbers
28821-28825, blue-grey and red, seated maiden with
map of France at low right (Pick A86b), good very fine
to about extremely fine
£250-300
†474
Republique Francaise, Tresor Central, specimen
500 francs, prefix 02L, brown, specimen 1000 francs,
prefix 71E, green and specimen 5000 francs, prefix
01K, pale blue, all ND (1943-1944), all head of
Marianne in field, reverse value (Pick 106s, 107s,
109s), all with black De la Rue oval stamp, light
mounting traces, good extremely fine and rare (3)
£1,000-1,500
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April 10, 11 & 12, 2013 - LONDON
†475
Republique Francaise, Tresor Central, specimen
5000 francs, ND (1944), serial number 01K 000000,
blue and white and pale pink, head of Marianne at
right, reverse blue and pale pink value (Pick 109s),
black de la Rue specimen oval low left, uncirculated and
rare
£600-800
x476
Banque de France, specimen 50 francs, ND (1962-
76), zero serial numbers, multicolour, Jean Racine at
right, arms at low left, value at top right (Pick 148s),
perforated and overprinted SPECIMEN, specimen
number 0108, about uncirculated and scarce
£300-400
FRENCH INDIA
477
Banque de l’Indochine, French India, specimen 50 rupees, ND (1936),
no serial numbers of signatures, multicoloured, ornamental stove at left,
ornate border with flowers, value at left, right and low centre, reverse bust
of Dupeix at centre, medalic female head at low right, value at top centre
(Pick 7s), perforated SPECIMEN, a wonderful note, uncirculated and rare
£2,500-3,500
107

WORLD BANKNOTES
FRENCH INDOCHINA
x478
Banque de l’Indochine, 100 francs (5), 2 Janaury
1920, Djibouti, brown and white, allegorical figures,
and symbols of Empire around, d’Oissel and Simon
signatures (Pick 5, Kolsky 606), fine to very fine (5)
£200-250
482
Banque de l’Indochine, 100 piastres, ND (1936-),
multicoloured, urn at left, Borduge and Baudouin
signatures (Pick 51d), uncirculated, scarce in this grade
£120-180
x479
Banque de l’Indochine, 5 piastres, 4 March 1920,
serial number Q.224 383, black and purple, ship at
left, flowers at low centre, value at top right, reverse
dragon and text (Pick 19), multiple pinholes at left,
almost very fine
£200-300
483
Banque de l’Indochine, specimen 500 piastres, ND
(1939), serial number O.000 000, multicoloured,
woman and child with globe at centre, value at top left
and right, reverse woman and child with globe, two
elephants behind (Pick 57s), minute bend at low left
tip, thus about uncirculated, a lovely note, becoming
scarce
£450-650
480
Banque de l’Indochine, Noumea, 500 francs, 3
January 1921, serial number V.2 443, blue and red,
Vasco de Gama at left, Polynesian man with paddle at
right, ships at low centre, value at low left and right,
reverse blue, text and values (Pick 22), large black
handstamp ANNULE on obverse, low left corner
missing, a presentable very good with excellent paper
strength, scarce
£300-400
484
Banque de l’Indochine, specimen 10 piastres, ND
(1947), red serial number AR 000000, purple,
Angkor Wat at centre, also a specimen 100 piastres,
ND (1946), red serial number W000-0000, blue and
multicoloured, the Banque de l’Indo-Chine building
at centre, Gannay and Bruno signatures (Pick 80s, 79s,
Kolsky 185, 186), red De la Rue oval low left, faint
mounting traces, good extremely fine to uncirculated
and rare (2)
£300-500
x481
Banque de l’Indochine, unissued remainders from
the 1920’s fractional issue, comprising 10 cents, blue,
20 cents, purple and gold, and 50 cents, red, all with
value at centre and bottom corners (Pick 43r, 45r,
46r), about uncirculated, attractive and scarce (3)
£250-350
485
Banque de l’Indochine, specimen 100 piastres, ND
(1947-54), no serial numbers or signatures,
multicoloured, Mercury at left, value at top centre,
reverse man at right, man with two elephants at left,
value at low centre (Pick 82s), perforated SPECIMEN,
uncirculated
£150-250
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
GERMANY
x486
Banque de l’Indochine, specimen 1000 piastres, ND
(1948), serial number O.000 000, black, red and
multicolour, elephant at left, water buffalo at right,
value at top left and right (Pick 84s1), perforated
SPECIMEN, PMG 66, gem uncirculated, EPQ
£2,200-2,600
†487
Institut D’Emission des Etats du Cambodge, du
Laos et du Vietnam, specimen 1 piastres (3), blue
and green, also specimen 10 piastres (3), brown and
yellow, a pair of each issue, Laos, Cambodia and
Vietnam (Pick 94s, 96s, 100s, 102s, 105s, 107s),
perforated, good extremely fine, rare (6)
£300-500
FRENCH OVERSEAS TERRITORIES
x490
Germany, Imperial Treasury note, 5 marks, 10
January 1882, red serial number W 361473, blue and
white, warrior and arms at right, reverse blue, white
with serial number and value in red (Pick 4, Rosenberg
6), a pleasing very fine, scarce
£800-900
491
Rentenbank, 2 rentenmark, 1923, pale pink-red and
green, 2 rentenmark, 1937, (Pick 162, 174b), also 5
and 10 mark, 1948, (Pick 11b, 12b), also Bundesbank
5 and 10 mark, 1970 (Pick 30a, 31a), first circulated
and scarce, second almost extremely fine, balance
uncirculated (6)
£100-150
488
Banque de Madagascar et du Comores, 50 francs,
ND (1960), prefix X, multicoloured, girl and red
COMORES at right (Pick 2b), Tresor Public, Afars
and Issas, 500 francs, ND (1975), multicoloured, man
at left (Pick 33), New Hebrides, 100 francs, ND
(1975), signature 2 (Pick 63c), also Tahiti, 100 francs,
ND (1971), multicoloured, girl and guitar at right
(Pick 24a), uncirculated (4)
£150-180
492
Bank Deutscher Lander, specimen 5 mark, 9
December 1948, red serial number A 000000, black
and pale green, maiden (Europa) at right, value at
centre (Pick 13s), black De la Rue oval low left, faint
mounting traces, good extremely fine to uncirculated
and rare
£300-400
489
Institut d’Emission des Departements d’Outre-
Mer, 4th emission, 5 francs, ND (1966), prefix K 1,
multicoloured, two women at right, Postel Vinay and
Clappier signature, reverse carts with harvest, red text
around borders (Pick 7b, Kolsky 707b), uncirculated
and fresh, a rare type
£200-300
109

WORLD BANKNOTES
493
Bank Deutscher Lander, specimen 5 mark (2), 9
December 1948, one with zero serial numbers, one with
serial number 5C791293, black on yellow-green underprint,
Europa on a bull at right, value at centre and each corner
(Pick 13s), first overprinted MUSTER, second with no
overprint, but two cancellation holes, about uncirculated (2)
£500-600
494
Buchenwald Concentration Camp, 2 wertmarke,
ND, serial number 99985, black text on pale red, also
Mittelbau, 10 pfennig, serial number 010889, grey
and white (Schwan-Boling 1003, 1031), extremely
fine, and good very fine, scarce (2)
£100-150
GHANA
495
Norddeutsche Lloyd Bremen, 1 mark, serial number
A4601, orange-brown and 2 mark, serial number A
1534, green, both on card, 1914, both with red
overprint and handstamp good extremely fine, scarce (2)
£80-120
496
An album of German notgeld, including some
scarcer colonial pieces and many complete sets, a very
well put together and organised collection, all in
excellent condition, housed in a brown album (365)
£100-150
497
A selection of small size notgeld, generally extremely
fine or better (54)
£30-40
498
Bank of Ghana, specimen 10/-, 1958, £1, 1958, £5,
1958, all with Bank of Ghana building in Accra at
right centre, also specimen £1000, 1 July 1958, serial
number A/1 000000, black and white, Bank of Ghana
building low right (Pick 1s, 2s, 3s, 4s), faint mounting
traces, De la Rue seal, good extremely fine and rare (4)
£350-450
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
GIBRALTAR
A Superb Two Shillings of 1938
†499
Government of Gibraltar, uniface specimen 2 shillings, 3 August 1938, serial number
C 000001-C 200000, blue and purple, arms low centre, value at each corner (Pick
unrecorded), ink date ‘21.9.38’ in top margin, perforated CANCELLED, good extremely
fine and of the highest rarity
£2,000-2,500
500
Government of Gibraltar, £1, 1 May 1965, serial
number G274001, green on multicolour underprint,
Rock of Gibraltar at low centre, value at top centre and
each corner, reverse green arms and values (Pick 18a),
fresh and original about uncirculated
£100-150
†501
Government of Gibraltar, specimen £1, green, £5,
brown, 20 November 1971 and a specimen £1 and £5
of 20 November 1975, prefix H on £1 and D on £5,
the Rock at centre (Pick 18bs, cs, 19bs), perforated,
uncirculated, scarce (4)
£400-500
†502
Government of Gibraltar, an obverse and reverse
composite essay for a £20, 20 November 1975, serial
number A 000000, gold and multicoloured, Elizabeth
II right centre, arms low centre, reverse brown,
Government House at left centre (Pick 23a for type),
unique and attractive
£300-400
111

WORLD BANKNOTES
GREECE
503
Ipirothessalia Bank (Privileged Bank of Epirus and
Thessaly), 1 drachma, 21 December 1885, serial
number 388 01410, black on multicolour underprint,
head of Athena at left, value at each corner (Pick
S104), about uncirculated
£260-320
506
Ionian Bank, 2 drachma, 21 December 1885, serial
number 567 01028, black on multicolour underprint,
head of Hermes at right, value at low left and right
(Pick S148), almost very fine
£250-300
504
Ipirothessalia Bank (Privileged Bank of Epirus and
Thessaly), 2 drachma, 21 December 1885, serial
number 390 09209, black on multicolour underprint,
head of Hermes at right, value at low left and right
(Pick S105), almost very fine
£250-300
507
Ionian Bank, 1 drachma, 21 December 1885, serial
number 255 06179, black on multicolour underprint,
head of Athena at left, value at each corner (Pick
S147), about very fine
£180-220
508
Civilan Committee of National Liberation, 25 oka,
5 June 1944, handstamped number on reverse
A10540, black on yellow and green underprint,
resistance fighter at centre, burning town at left,
farmers at right (Pick S162), centre fold and lightly
pressed, thus good extremely fine
£120-160
505
Ionian Bank, 1 drachma, 21 December 1885, serial
number 169 01192, black on green and blue
underprint, Alexander of Macedon at left (Pick S145),
a solid very fine
£350-450
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
509
Civilan Committee of National Liberation, 100
oka, 5 June 1944, handwritten number on reverse
A/1514, black on yellow and green underprint,
resistance fighter at centre, burning town at left,
farmers at right (Pick S163), lightly pressed, thus good
extremely fine and scarce
£400-500
512
National Bank of Greece, 2 drachmai, 21 December
1885, serial number 919 06734, black on blue and tan
underprint, Hermes at tight, value at low left and right
(Pick 41), very fine
£180-220
510
National Bank of Greece, 2 drachma, 21 December
1885, serial number 538 06893, black on multicolour
underprint, Hermes at left, Athena at right, value at
centre and each corner (Pick 35), very fine
£270-320
513
National Bank of Greece, 1 drachma, 21 December
1885, serial number 697 08866, black on multicolour
underprint, Hermes at left, value at centre, left and
each corner (Pick 34), about uncirculated
£350-450
511
National Bank of Greece, 1 drachma, 24 December
1885, serial number 966 02203, black on multicolour
underprint, head of Athena at left, value at each corner
(Pick 40), good extremely fine
£120-160
514
National Bank of Greece, 10 drachmai, 15 April
1914, serial number AA30 540648, black on pink and
green underprint, G. Stavros at left, arms at right,
value at centre (Pick 51a), pressed, thus fine
£270-320
113

WORLD BANKNOTES
515
National Bank of Greece, 25 drachmai, 26 May
1917, serial number MN914951, black, red and blue,
G. Stavros at left, arms at right (Pick 52a), a solid fine
£90-120
516
National Bank of Greece, 500 drachmai, 18 August
1917, serial number A29 717887, brown on
multicolour underprint, G. Stavros at left, Athena at
centre, arms at right (Pick 56a), presentable and fine
£500-600
519
National Bank of Greece, 500 drachmai, 12
November 1926, serial number 056 119887, purple
on multicolour underprint, G. Stavros at centre, value
at top left and right (Pick 89a), some repairs at top
centre, otherwise extremely fine
£450-550
517
National Bank of Greece, 100 drachmai, 8 February
1922, serial number ZI072/428283, blue on red and
green underprint, G. Stavros at left, arms at right, two
women reclining at centre, red NEON overprint (Pick
67a), a presentable very fine
£350-450
†520
Bank of Greece, a selection of partial obverses (6) and
reverses (3), for the issue of 1000 drachmai of 1939,
green or blue-grey or brown, woman at right, also a
specimen of the same issue (Pick 110 for type),
generally good extremely fine, unusual and very rare
(10)
£500-700
518
National Bank of Greece, 1000 drachmai, 21
January 1922, serial number BP053 576416, blue on
multicolour underprint, G. Stavros at left, seated
maiden at centre, arms at right, red NEON oveprint
(Pick 69a), good extremely fine
£950-1,250
WWW.SPINK.COM
†521
Bank of Greece, colour trial 1000 drachmai, ND
(type of 1944), red serial numbers, purple and
multicoloured, Kolokotronis at left, reverse purple,
soldier at centre (Pick 172ct), perforated, good
extremely fine and rare
£350-500

April 10, 11 & 12, 2013 - LONDON
522
Bank of Greece, 5000 drachmai, ND (1945), serial
number X-122 178 046, red on multicolour
underprint, woman with two children at centre (Pick
173), good very fine
£350-450
525
Bank of Greece, 20000 drachmai, ND (1946), serial
number K.01-150 159, green on multicolour
underprint, head of Athena at left, coin with owl at
low centre (Pick 176), about uncirculated
£650-750
†523
Bank of Greece, specimen 20000 drachmai (2), ND
(1946, 1947), green and lilac, Athena at left, coin low
centre, the first note larger format than the second
note, also a specimen 10000 drachmai, ND (1945),
serial number A01-000001-A04 700000, orange,
Hesiod at left (Pick 176s, 179s, 175s), perforated, the
1947 with ink date ‘9.11.47’ in top margin, good
extremely fine and rare (3)
£400-600
†526
Bank of Greece, specimen 5000 drachmai, ND (ca
1946), serial number M.08 500001-M.10 1000000,
purple and orange, maiden and children, also
specimen 20000 drachmai, ND (ca 1950), red serial
number T.38 250001-T.41 250000, green, head of
Athena at left (Pick 177s, 179bs), ink date in top
margin, good extremely fine and scarce (2)
£300-400
524
Bank of Greece, 10000 drachmai, ND (1946), serial
number 18-537137, blue, Aristotle at left, ancient
coins in border (Pick 175), pressed thus good extremely
fine
£550-650
527
Bank of Greece, 5000 drachmai, ND (1947), serial
number M.07-905335, purple on multicolour
underprint, woman with two children at centre (Pick
177), good extremely fine
£200-250
115

WORLD BANKNOTES
528
Bank of Greece, 10000 drachmai, ND (1945), serial
number A.07-796724, orange, Aristotle at left,
ancient coins in border (Pick 178), pressed thus very
fine
£500-600
531
Bank of Greece, 10000 drachmai, 29 December
1947, serial number 091980, orange-brown, Aristotle
at left, ancient coins in border (Pick 182), central
crease, but overall about extremely fine
£150-200
529
Bank of Greece, 20000 drachmai, ND (1947), serial
number T.32-711 636, blue on multicolour
underprint, head of Athena at left, coin with owl at
low centre (Pick 179), pressed, thus about extremely fine
£180-220
532
Bank of Greece, 20000 drachmai, 29 December
1949, serial number Z.05- 527252, blue on
multicolour underprint, head of Athena at left, coin
with owl at low centre (Pick 183), pressed, thus good
extremely fine
£150-200
530
Bank of Greece, 5000 drachmai, 9 June 1947, serial
number 448333, brown on multicolour underprint,
woman with two children at centre (Pick 181), pressed,
but good extremely fine
£350-450
533
Bank of Greece, 10 drachmai, 15 January 1954, serial
number 425501, orange on green underprint,
Aristotle at left, border of ancient coins (Pick 186a),
pressed thus about extremely fine
£600-700
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†534
Bank of Greece, a specimen 1
drachma, ND (c 1954), red
zero serial numbers, blue and
pale orange, head of Athena at
right, reverse blue and pale
pink and orange, value at
centre, left and right (Pick
unlisted), perforated
CANCELLED, uncirculated
and rare
£600-800
†535
Bank of Greece, a specimen 5
drachmai, ND (c 1954), black
zero serial numbers, orange
and pale green, maiden at
right, reverse green, lilac and
pale orange, value at centre and
at left and right (Pick unlisted),
perforated CANCELLED,
uncirculated and rare
£1,000-1,500
†536
Bank of Greece, a specimen
10 drachmai, ND (c 1954), red
zero serial numbers, brown and
green, Hesiod at right, value at
left, reverse brown, pale blue
and green, value at centre and
at each corner (Pick unlisted),
perforated CANCELLED,
uncirculated and rare
£1,000-1,500
†537
Bank of Greece, a specimen
50 drachmai, ND (c 1954), red
zero serial numbers, green, pale
orange and pink, Hesiod at
right, maiden at right, value at
left, reverse green and lilac,
value at centre and at left and
right (Pick unlisted), perforated
CANCELLED, uncirculated
and rare
£1,000-1,500
117

WORLD BANKNOTES
†538
Bank of Greece, 10 drachmai, 1 March 1955, serial
number E01-986775, orange and pale green and blue,
King George I at left, arms at centre (Pick 189b),
uncirculated and scarce
£120-180
539
Bank of Greece, specimen 100 drachmai, 31 March
1954, serial number A.09 000000, red on multicolour
underprint, Themistocles at left, galley at low right,
reverse naval battle (Pick 192s1), black De la Rue
ovals, mounting traces, about extremely fine
£100-120
540
WWW.SPINK.COM
540
Kingdom of Greece, uncut sheet of five 50 lepta, ND
(1920), serial numbers X/1 222226-30, blue on
green underprint, Athena at centre, arms at top left,
value at top right, reverse blue, three coins at centre,
left and right, zig-zag perforations (Pick 303b),
uncirculated
£120-160
541
Greece, Co-operative credit notes of Zagora, 100,
500, 1000 and 10000 drachmai, 1 July 1945, green,
red and white, boat loading at quayside, the 10000
with red handstamp top right (Schwan-Boling 101b,
102b, 103, 105), uncirculated (4)
£100-150

April 10, 11 & 12, 2013 - LONDON
GREENLAND
x542
Greenland, Danish Administration, specimen 5
kroner, ND (1953-67), serial number 0651599,
green, polar bear at centre flanked by values, reverse
map of Greenland, polar bear and arms (Pick 18as),
perforated SPECIMEN, PMG 58, choice about
uncirculated, EPQ
£250-350
x544
Greenland, Danish Administration, specimen 50
kroner, ND (1953-67), serial number 0235181, lilac,
clipper ship at centre flanked by values, reverse map of
Greenland, polar bear and arms (Pick 20s), perforated
SPECIMEN, PMG 66, gem uncirculated, EPQ
£500-700
x543
Greenland, Danish Administration, specimen 10
kroner, ND (1953-67), serial number 0999622,
brown, hump-back whale at centre flanked by values,
reverse map of Greenland, polar bear and arms (Pick
19s2), perforated SPECIMEN, PMG 66, gem
uncirculated, EPQ
£350-450
x545
Greenland, Credit Note, specimen 100 kroner, 16
January 1953, green zero serial numbers, black,
orange and blue-green, Knud Rasmussen at left, Thule
Rock and dog sled at low right, reverse red, map of
Greenland at right, crown at top left, value at centre
left and each corner (Pick 21s1), perforated
SPECIMEN, about uncirculated, scarce
£750-1,000
119

WORLD BANKNOTES
GUADELOUPE
546
Banque de la Guadeloupe, 5 francs, ND (1934-),
prefix C, red and white, Marconnet signature, also 5
francs, ND (1945), prefix K, red and white, Boudin
signature, both native head at left and right (Pick 7c,
7e), good extremely fine, original and scarce (2)
£200-300
548
Banco de Guatemala, colour trial 5 quetzales, law of
1926, red serial number A 000000, blue and pale
yellow with a brown central guilloche, General J.
Maria Orellana at left, reverse blue, town and
mountains (Pick 8ct), mounting traces, red oval De la
Rue seal at low right, good extremely fine and rare
£400-500
GUATEMALA
549
Banco de Guatemala, colour trial 20 quetzales, law of
1926, black serial number A 000000, red and pale
yellow, General J. Maria Orellana at left, Mercury at
left, reverse red, the Palace of the Captain General
(Pick 9ct), mounting traces, green oval De la Rue seal
at low right, good extremely fine and rare
£500-600
547
Banco de Guatemala, colour trial 1 quetzal, law of
1926, black serial number A 000000, violet and pale
yellow with a green central guilloche, General J. Maria
Orellana at left, workers, bales of cotton and crane in
field, reverse violet, the Monolith of Qiriga (Pick 6ct),
mounting traces, red oval De la Rue seal at low right,
good extremely fine and rare
£200-300
550
Banco de Guatemala, colour trial 100 quetzales, law
of 1926, black serial number A 000000, green, pale
yellow with a pale brown central guilloche, General J.
Maria Orellana at left, reverse green, monument at
centre (Pick 10ct), mounting traces, red oval De la Rue
seal at low right, good extremely fine and rare
£600-700
END OF DAY ONE
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
DAY TWO
THURSDAY 11 APRIL 2013
Morning Session
commencing at 10.00 a.m. (Lots 551-934)
551
Republica de Honduras, specimen 10
lempiras, 19 November 1954, serial number C
000000, brown and green, Cabanas at left,
arms at right, specimen 20 lempiras, ND
(1954), serial number C 000000, green, de
Herrera at left, arms at right, also a specimen
50 lempiras, 20 January 1956, red serial
number A 000000, blue and multicoloured,
DR. J. Trinidad Reyes at left, arms at right
(Pick 52as, 53s, 54s), black De la Rue ovals low
left, faint mounting traces, no perforations, good
extremely fine to uncirculated and rare (3)
£300-500
HONDURAS
HONG KONG
552
Hong Kong & Shanghai Banking Corporation, a reverse
proof on card for a $10 ND (1877 issue), black and white,
arms at top centre, vignette of dock and ships below, value
at left and right (Pick 119 for type), pencil date ‘April 20
1870’, extremely fine and rare
£300-400
121

WORLD BANKNOTES
553
Chartered Bank of India, Australia and China, $10, Hong Kong, 1
August 1929, serial number N/B 1011481, purple, arms at centre, value
in red underprint low centre, boats on the water at left and right, one
manuscript and one printed signature below, reverse purple, bank head
office at centre, value at left and right (Pick 50, Ma S 11a), an attractive
and presentable good fine, scarce
£1,600-2,000
†554
Mercantile Bank Limited, an obverse and reverse composite essay for a
$100, 1 January 1964, serial number A 0000000, red and pale blue and
lilac, maiden at left with allegorical symbols of trade, reverse red and pale
orange, seal at centre, value at each corner (Pick unrecorded, Ma M
unrecorded), unique
£800-1,200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
HUNGARY
557
Utalvany (under Austrian Administration), 1000
fiorint, 1849, serial number 1997, black text on green
paper, ornate border of cherubs, value at left and right
and top centre, three printed signatures below, good
extremely fine and rare
£300-400
†555
Mercantile Bank Limited, an obverse and reverse
composite essay for a $100, 1 January 1964, serial
number A 0000000, red and pale blue, maiden at left,
arms top centre, reverse red, bank initials and value
(Pick 244, this design perhaps a forerunner for the
final design), unique (2)
£800-1,200
558
Kamatos Utalvany (Interest-Paying Legal Tender
Paying Bills), 100 fiorint, 1848, serial number 2710,
black text on pale pink background, manuscript
signature low left and right, reverse interest table (Pick
S105), good extremely fine and rare
£300-400
x556
Hong Kong and Shanghai Banking Corporation, a
partially printed $10, ND (type of 1959), lilac and
multicoloured, no design printed, reverse green, bank
head office at centre (Pick 182 for type), unusual and
very rare
£400-600
123

ICELAND
WORLD BANKNOTES
559
Kamatos Utalvany (Interest-Paying Legal Tender
Paying Bills), 100 fiorint, 1848, serial number 3968,
black text on pale pink background, manuscript
signature low left and right, counterfoil at right with
manuscript signatures, reverse interest table (Pick
S105), good extremely fine and rare
£400-500
560
Hungarian Fund, $1 (12), 2 February 1852, red
consecutive serial numbers 28021-32, black and
white, L. Kossuth at low left, Liberty at right,
Hungaria at top centre (Pick S136), about
uncirculated or better (12)
£120-160
x563
Landsbanki Islands, 50 kronur, 15 April 1928, serial
number 048578, grey-green on light brown
underprint, King Christian X at left, value at top right
(Pick 25), PMG 30, very fine, scarce
£800-1,200
561
Hungarian Fund, $5 (5), 2 February 1852, serial
letter A, consecutive numbers 13259-61 and 13265-
66, black and white, L. Kossuth at low left, Liberty at
right, arms at top centre (Pick S137), good extremely
fine to about uncirculated (5)
£120-160
562
Hungarian Fund, $5 (12), 2 February 1852, serial
letter B, consecutive numbers 15602-13, black and
white, L. Kossuth at low left, Liberty at right, arms at
top centre (Pick S137A), generally about uncirculated
or better (12)
£150-200
x564
Landsbanki Islands, 500 kronur, 15 April 1928,
serial number 082170, green on purple, green and
brown underprint, J. Sigurthsson at left, value at each
corner, reverse green, Icelandic landscape at right,
value at each corner, signatures of Arnason and
Sigurthsson (Pick 31a), PMG 35, choice very fine, EPQ,
scarce
£900-1,200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
INDIA
x565
Bank of Bengal, 10 rupees, 3 August 1857, serial
number 45110, black on purple underprint, allegorical
maidens at top centre, flanked by animals, ships and
palace, value at centre and left and right, reverse blue
(Pick S90), signature cut cancelled, about fine
£200-300
x567
Bank of Bengal, 50 rupees, 3 August 1857, serial
number 19720, black on red underprint, allegorical
maidens at top centre, flanked by animals, ships and
palace, value at centre and left and right, reverse blue
(Pick S92), signature cut cancelled, several annotations
on obverse and reverse, officially split and rejoined,
about fine
£200-300
x566
Bank of Bengal, 25 rupees, 3 August 1857, serial
number 30423, black on blue underprint, allegorical
maidens at top centre, flanked by animals, ships and
palace, value at centre and left and right, reverse blue
(Pick S91), signature torn to cancel, several annotations
on reverse about fine
£200-300
x568
Bank of Bengal, 100 rupees, 3 August 1857, serial
number 15418, black on green underprint, allegorical
maidens at top centre, flanked by animals, ships and
palace, value at centre and left and right, reverse blue
(Pick S93), signature cut cancelled, rust hole at low
centre, about fine
£200-300
125

WORLD BANKNOTES
x569
Jhalawad Bank, Dhrangadra, 500 rupees, ND, serial
number 1920, uniface, grey and red on buff paper,
also Princely States, 5 rupees, 1918, serial number
343, black and red, three hand signatures (Pick S239,
241), first about very fine, second PMG 58, choice about
uncirculated, EPQ
£80-120
x570
Hyderabad, 100 rupees, ND (1920-28), serial
number PZ90073, blue and black on tan underprint,
arms at top left and right, also 10 rupees, ND (1938-
41), serial number DE 87364, orange-brown and
multicoloured, arms at top left (Pick S266b, 274a),
first pressed, about very fine, second with some small
holes, but original fine (2)
£300-400
x571
Hyderabad, 1000 rupees, ND (1930), serial number
AA94020, black and red, arms at top left and right, value in
various scripts at left and right, reverse red, value at centre
and each corner (Pick S267), very fresh and retaining
excellent paper and ink quality, good very fine and becoming
scarce
£500-600
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Government of India
x572
Government of India, 10 rupees, Rangoon (R), 7
June 1918, serial number ID/54 01309, black and
white, value in pink underprint, R in field at left and
right, no signature (Gubbay) (Pick A5c, Razack
Jhunjhunwalla 2A.2.3.D.4) light creases, extremely fine
and unusually no signature (salvaged from the sinking
of the S.S.Chantala), very rare as a Rangoon issue
£2,000-2,500
x574
Government of India, 5 rupees, no place name, 6
January 1920, serial number GC/78 379242, black
with value in pink underprint, Gubbay signature (Pick
A6f, RazJhun 2A.1.4D.1), rusty pin mark at top left,
otherwise extremely fine
£350-450
573
Government of India, 5 rupees, Cawnpore, 28
December 1915, serial number DC/20 503020, black
and white, value in pale pink-red at centre, A low left
and right, Gubbay signature low right (Pick A6d,
Razack-Jhunjhunwalla 2A.1.5.F1), spindle holes at left,
an original paper very fine, scarce
£200-250
575
Government of India, 50 rupees, Calcutta, 15
January 1918, serial number PD/17 74161, black and
white, value in pale pink-red at centre, C low left and
right, Denning signature low right (Pick A15d,
Razack-Jhunjhunwalla 2A.4.3.A2), spindle holes at left,
original paper, about very fine, scarce
£350-400
576
Government of India, 10 rupees, 24 April 1919,
serial number YC/39 78315, black and white, value in
pink underprint at centre, Gubbay signature, also 5
rupees, 2 February 1915, letter A (Cawnpore), prefix
DC/6, no signature (Pick A10k, A6d, Razack-
Jhunjhunwalla 2A.2.4.1, 2A.1.4.H3), extremely fine
and fine with tear at right, scarce (2)
£150-200
127

WORLD BANKNOTES
577
Government of India, 20 rupees, Allahabad or Calcutta, 25 January 1893, serial number
D/34 43164, black and white, value in green underprint at centre, signature of Stephen Jacob
at low right (Pick A13a variety, Razack-Jhunjhunwalla 2a.3.1B variety), Razack does not list this
note with Jacob signature and the earliest date in Pick is 1894 with Cox signature. Split and
rejoined (probably contemporarily), some staining from damp but generally a pleasing and
original fine with strong fabric to the paper, extremely rare
£2,250-2,750
578
No lot
579
Government of India, 10 rupees, Calcutta, 26 March
1920, serial number ZD33/97575, black and white, value
in pale pink-red at centre, Gubbay signature low right (Pick
A10k, Razack-Jhunjhunwalla 2A.2.4.1), without spindle holes
at left, original paper, very fine, scarce
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
An Official Booklet of 25 x George V 1 Rupee Notes
580
Government of India, an official booklet with red card cover and Imperial
cipher of George V and containing 25 x 1 rupees, ND (1917-1926), serial
number Y/39-923376-923400, black and white with value in pink central
guilloche, George V 1 rupee coin top left, A.C.McWatters signature low
right, reverse black and white, text at centre (Pick 1e, Razack-
Jhunjhunwalla 3.1.2A), star in square watermark, the cover damaged top
left, the notes toned but uncirculated and a pleasing and rare booklet issue (25
notes)
£2,000-2,500
x581
Government of India, 1 rupee, 1917, serial number
Z/7 650618, black on red underprint, George V in
coin at top left, McWatters signature, watermark rayed
star in square (Pick 1e, Razack-Jhunjhunwalla 3.1.2A),
PMG 64, choice uncirculated, EPQ, scarce in this grade
£250-350
582
Government of India, 1 rupee, ND (1917), serial
number B/34 854165, black and white, pink central
guilloche, George V 1 rupee coin top left, Gubbay
signature (Pick 1g, Razack-Jhunjhunwalla 3.1.1A),
quite fresh, about extremely fine thus scarce
£200-250
129

WORLD BANKNOTES
x583
Government of India, 5 rupees, ND (1925), serial
number L/28 097438, white, purple, pale green and
orange, George V at right, Denning signature (Pick
4a, Razack-Jhunjhunwalla 3.4.1B), fresh and original
very fine, scarce
£350-400
x584
Government of India, 5 rupees, ND (1925), serial
number N/13 858455, white, purple, pale green and
orange, George V at right, Taylor signature (Pick 4b,
Razack-Jhunjhunwalla 3.4.1), original very fine, scarce
£350-400
A Superb 10 Rupee with Serial Number 4
585
Government of India, 10 rupees, Calcutta, ND (1925), serial number
A/1 000004, green and brown, George V in square frame at top right,
McWatters signature low right, reverse pale green and brown, star at
centre, value low left and right (Pick 5a, Razack-Jhunjhunwalla 3.6.1),
corner creases otherwise extremely fine and a superb low number, lovely
£4,000-5,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
586
Government of India, 10 rupees,
Calcutta, ND (1925), serial number
A/28 330256, green and brown,
George V in square frame at top right,
McWatters signature low right,
reverse pale green and brown, star at
centre, value low left and right, also a
1 rupee, ND (1917-), prefix E,
Gubbay signature (Pick 5, 1g,
Razack-Jhunjhunwalla 3.6.1, 3.1.1B),
pin holes at left, handstamp on reverse,
fine, the 1 rupee VG, scarce (2)
£150-250
x587
Government of India, specimen 10 rupees, ND
(1917-30), no serial numbers, green and brown,
George VI at right, no signatures, ornate red circular
stamp at low right, also includes an inauguration
ceremony booklet for the Currency Note Press (Pick
6s, Razack-Jhunjhunwalla 14.35), booklet binding
damaged, otherwise as issued, note has red SPECIMEN
overprint, about uncirculated and scarce (2)
£3,000-4,000
589
Government of India, 10 rupees, Calcutta, ND
(1925), serial number F/79 900565, green and
brown, George V in square frame at top right,
Denning signature low right, reverse pale green and
brown, star at centre, value low left and right (Pick 6,
Razack-Jhunjhunwalla 3.6A.1), pin hole at left, an
original paper good very fine, scarce
£300-400
x588
Government of India, 10 rupees, ND (1925), serial
number D/43 283729, green, brown and white,
George V at top right, Denning signature (Pick 5b,
Razack-Jhunjhunwalla 3.6.2), fresh and original, very
fine
£250-300
131
590
Government of India, 10 rupees, ND (1925), serial
number F/82 038955, pale green and brown, George
V in rectangular frame at right, watermark rayed star,
Denning signature, reverse brown and pale greenblue,
star and value (Pick 6, Razack-Jhunjhunwalla
3.6A.1), pinhole at right, an original good very fine and
scarce
£500-700

WORLD BANKNOTES
George V Specimen 10 Rupees
591
Government of India, specimen 10 rupees, ND (1922), serial number G/45 000000, blue, lilac and white, George V in
octagonal frame top right, Denning signature low right, reverse blue and pale green, value at centre, star low right (Pick
7a, Razack-Jhunjhunwalla 3.7.1), uncirculated and extremely rare, a lovely note
£4,000-5,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
592
Government of India, 10 rupees, ND (1917-30),
serial number J/59 798229, blue on grey and purple
underprint, George V at right, value at centre and each
corner (Pick 7b), PMG 50, about uncirculated
£500-700
x593
Government of India, 10 rupees, ND (1917-30),
serial number K/7 018886, dark blue on purple and
green underprint, George V at right, Taylor signature
(Pick 7b, Razack-Jhunjhunwalla 3.7.2), faint text in
watermark, pressed but a presentable very fine
£250-300
x594
Government of India, 50 rupees, ND (1930), Cawnpore, serial number
V/7 056026, lilac and brown, George V in oval at right, value at centre
and in each corner, Taylor signature, reverse lilac, value (Pick 9e, Razack-
Jhunjhunwalla 3.9.2c) PMG 30, very fine, rare
£3,000-4,000
133

WORLD BANKNOTES
595
Government of India, 50 rupees, Cawnpore, ND
(1930), serial number V/7 205214, lilac and green,
George V at right, Taylor signature low right, reverse
lilac and pale green (Pick 9e, Razack-Jhunjhunwalla
3.9.2C), slight graffiti on reverse, slight splitting at top
and below on central crease otherwise about fine and
rare
£1,500-2,000
597
Government of India, 100 rupees, Bombay, ND
(1927), serial number S/84 436425, lilac, green and
white, George V at right, Taylor signature, reverse
green and lilac (Pick 10b, Razack-Jhunjhunwalla
3.10.2A), spindle hole at left, an original very fine thus
rare
£700-900
598
Government of India, 1 rupee (2), ND (1935),
green and orange, George V top right, Kelly signature,
also 10 rupees, ND (1935), red prefix N/69, blue,
George V at right, Kelly signature (Pick 14a, b, 16b,
Razack-Jhunjhunwalla 3.2.1, 3.8.2), first two fine, the
10 rupee spindle holes otherwise almost very fine and
scarce (3)
£200-300
x596
Government of India, 100 rupees, Bombay, ND
(1928), serial number S/63 898382, lilac and green,
George V at right, Taylor signature (Pick 10b, Razack-
Jhunjhunwalla 3.10.2A), PMG 55, about uncirculated
£2,000-2,500
x599
Reserve Bank of India, 2 rupees, ND (1937), red
serial number D/11 474470, lilac and green, George
VI at right (Pick 17b, Razack-Jhunjhunwalla 4.2.2),
about uncirculated
£150-200
WWW.SPINK.COM
x600
Reserve Bank of India, 2 rupees, ND (1937), lilac,
Taylor signature, also a 5 rupees, ND (1937), green
and brown, Taylor signature (Pick 17a, 18a, Razack-
Jhunjhunwalla 4.2.2, 4.3.1), good very fine and good
extremely fine (2)
£100-120

April 10, 11 & 12, 2013 - LONDON
601
Government of India, 1 rupee (3), ND (ca 1941),
blue-green, all Jones signature, George VI at right, 2
rupees. lilac, Taylor signature, George VI at right, 5
rupees, brown-green and 10 rupees, blue, both Taylor
signature and George VI at right, ca 1938-, also
watermarked paper for a George VI 10 rupee (Pick
25A, 17a, 18a, 19a, Razack-Jhunjhunwalla 4.1.1A,
4.2.1, 4.3.1., 4.5.1), generally good very fine, the paper
most unusual and rare (7)
£200-250
x602
Reserve Bank of India, 5 rupees (2), ND (1937),
consecutive serial numbers B/73 594814-15, brown
and green, George VI at right, value at each corner
(Pick 18a, Razack-Jhunjhunwalla 4.3.1), central
crease, about extremely fine (2)
£100-150
603
Reserve Bank of India, 10 rupees (2), ND (1937),
green serial numbers, violet and multicoloured,
George VI as Emperor at right, Deshmukh signature,
Government of India, 100 rupees, Bombay, ND
(1938), prefix B/1, green and lilac, George VI at
right, Deshmukh signature (Pick 20a24, Razack-
Jhunjhunwalla 4.7.2A, 4.7.3A), spindle at left, almost
very fine (3)
£120-160
x605
Reserve Bank of India, 100 rupees (2), ND (1937),
Calcutta, serial number A/88 305771/772, green
and lilac, George VI at right, value at centre and top
right, Deshmukh signature (Pick 20f, Razack-
Jhunjhunwalla 4.7.3C), tidy pinholes at left otherwise a
very rare and fresh about uncirculated consecutive pair,
most unusual (2)
£1,400-1,800
x604
Reserve Bank of India, 100 rupees (2), ND (1937),
Bombay and Calcutta, prefixes A/17 and A/52, green
and lilac, George VI at right, value at centre and top
right, Taylor signature (Pick 20a, 20f, Razack-
Jhunjhunwalla 4.7.1A, 4.7.3C), spindle holes at left,
handstamps and annotations, fine and about very fine
(2)
£250-350
x606
Reserve Bank of India, 100 rupees (2), ND (1937),
Calcutta, serial number A/88 305773/774, green
and lilac, George VI at right, value at centre and top
right, Deshmukh signature (Pick 20f, Razack-
Jhunjhunwalla 4.7.3C), tidy pinholes at left otherwise a
very rare and fresh about uncirculated consecutive pair,
most unusual (2)
£1,400-1,800
135

WORLD BANKNOTES
x607
Reserve Bank of India, 100 rupees, ND (1937),
Calcutta, serial number A/51 186134, green and lilac,
George VI at right, value at centre and top right,
Taylor signature (Pick 20f, Razack-Jhunjhunwalla
4.7.3D), pinholes and handstamp, about very fine
£150-200
611
Government of India, 1000 rupees, Calcutta, ND
(1938), serial number A/6 181749, purple, green and
lilac, George VI at right, Taylor signature, reverse
purple, mountains at centre (Pick 21b, Razack-
Jhunjhunwalla 4.8.1B), spindle at left, handstamp on
reverse, almost very fine, scarce
£400-600
x608
Reserve Bank of India, 100 rupees, ND (1937),
Cawnpore, serial number A/63 235594, green and
lilac, George VI at right, value at centre and top right,
Taylor signature (Pick 20g, Razack-Jhunjhunwalla
4.7.1D), pencil annotation at left, pinholes at left,
almost very fine and a rare branch of issue
£400-600
612
Reserve Bank of India, 5 rupees, ND (1944), black
prefix B/18, green, George VI facing at right,
Deshmukh signature (Pick 23a,
Razack/Jhunjhunwalla 4.4.1), pinholes at left, about
extremely fine and scarce
£150-200
x609
Reserve Bank of India, 1000 rupees, Calcutta, ND
(1937), serial number A/6 408735, lilac, violet &
green, portrait of King George VI at right, printed
signature J.B.Taylor, reverse mountain scene (Pick
21b, Razack-Jhunjhunwalla 4.8.1b), PMG 35, choice
very fine
£2,000-2,500
613
Reserve Bank of India, Persian Gulf issue, 10
rupees, ND (1950’s-60’s), serial number A/13
633479, red-orange on multicolour underprint, Asoka
column at right, value at centre and top corners,
reverse red, dhow at centre (Pick R3), about very fine,
scarce
£220-280
610
No lot
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x614
Republik Indonesia, 75 rupiah, 23 August 1943,
seral number MM 12879, brown and red-brown,
Sukarno at left, two smiths at right (Pick 33A), very
good
£80-120
INDONESIA
616
Bank Indonesia, a group of specimens, all ND
(1957), comprising 5 rupiah, orang-utan, 25 rupiah,
Javanese rhinocerous, 50 rupiah, crocodile, 100
rupiah, squirrel, 500 rupiah, tiger, 1000 rupiah,
elephant, 2500 rupiah, leguan, also 10 rupiah of 1959
(Pick 49s, 49Bs, 50s, 51s, 52s, 53s, 54s, 65s), black De
la Rue oval low left, faint mounting traces, good
extremely fine to uncirculated and rare, the 25 rupiah a
very sought after rarity (8)
£500-800
†615
Bank Indonesia, an obverse and reverse composite
essay on board for a 25 rupiah, type of 1957, violet
and multicoloured, Javanese rhinocerous top left,
reverse pink-red, Batak houses on stilts (Pick 49B for
type, IPM, Indonesian Paper Money catalogue H-241
for type), probably the original art work for this classic
rarity, unique (2)
£1,000-1,500
†617
Bank Indonesia, specimen 5, 10, 25, 50, 100, 500
and 1000 rupiah, 1 January 1959, serial numbers,
ornate floral designs (Pick 65s-71s), all with De la Rue
overprint red seal and red SPECIMEN overprint, faint
soft crease at centre and ‘1959’ in top margin, good
extremely fine, rare
£500-800
137
†618
Bank Indonesia, specimen 500 and 1000 rupiah,
1960, black and pink, and green and multicolour
respectively, both President Sukharno at left (Pick
87as, 88as), mounting traces, good extremely fine, rare
(2)
£250-350

WORLD BANKNOTES
†619
Bank Indonesia, specimen 5000 rupiah, 1960, red
serial number A0000, violet and muticoloured,
President Sukarno at left, arms at centre, reverse
multicoloured, dancer at centre (Pick 88A, IPM H-
275s), pencil ‘1962’ in top margin, red De la Rue seal,
perforated, about uncirculated and very rare, the note
never issued
£800-1,200
†620
Bank Indonesia, a composite essay on board for a 50
rupiah, ND (c1960), blue, President Sukharno at
right, arms at centre (Pick unrecorded), unique and a
striking portrait
£400-600
IRAN
Imperial Bank of Persia
†621
Imperial Bank of Persia, specimen 5 tomans, Teheran, ND (ca 1919), serial
number D/E 010001-D/E 030000, black, pink and green, Shah Nasr-ed
Din at right, arms at left, value at centre and at each corner, additional farsi
script in left field, reverse brown, arms at centre, ‘PAYABLE AT TEHERAN
ONLY’ in black text top centre, value at centre and at each corner (Pick 3s),
ink date ‘23.4.19’ in top margin, perforated CANCELLED, uncirculated and
rare
£1,200-1,800
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†622
Imperial Bank of Persia, specimen 10 tomans,
Teheran, ND (ca 1919), serial number E/B 20001-
E/C 05000, black, pink and green, Shah Nasr-ed Din
at right, arms at left, value at centre and at each corner,
reverse dark grey, arms at centre, value at centre and at
each corner (Pick 4s), ink date ‘29 June 1905’ in top
margin, perforated SPECIMEN, good extremely fine
and rare
£1,500-2,000
†623
Imperial Bank of Persia, specimen 20 tomans,
Teheran, ND (ca 1919), serial number F/B 08001-
F/B 18000, black, pink and green, Shah Nasr-ed Din
at right, arms at left, value at centre and at each corner,
reverse orange-brown, arms at centre, value at centre
and at each corner (Pick 5s), ink date ‘September 1911’
in top margin, perforated SPECIMEN, good extremely
fine and rare
£2,000-3,000
A Superb 50 Toman
†624
Imperial Bank of Persia, specimen 50 tomans, Teheran, ND (ca 1919),
serial number H 06501-H/A 01500, black, pink and green, Shah Nasr-ed
Din at right, arms at left, value at centre and at each corner, reverse brown,
arms at centre, value at centre and at each corner (Pick 7s), perforated
CANCELLED, uncirculated and rare
£2,000-3,000
139

WORLD BANKNOTES
x625
Imperial Bank of Persia, 1 toman, Teheran, 15
August 1929, serial number A/1 075297, black, pink
and pale green, Shah Muzzaffar-al-Din at left, value at
each corner, reverse pink and green, value at right,
serial number at each corner (Pick 11), oval handstamp
low centre, a pleasing note, almost very fine and scarce
£400-600
x627
Imperial Bank of Persia, 2 tomans, Hamadan, 29
January 1925, serial number B/R 033084, green and
multicoloured, Shah Nasr ed-Din at right, value at
centre and at each corner, reverse blue and red, value
at centre, serial number at each corner (Pick 12), oval
handstamp low centre and ‘PAYABLE AT HAMDAN
ONLY’ low centre, a pleasing note, good very fine and
scarce
£800-1,000
†626
Imperial Bank of Persia, colour trial 2 tomans, ND
(ca 1924), no serial numbers, brown, green and
multicoloured, Shah Nasr ed-Din at right, value at
centre and at each corner, reverse brown and blue,
value at centre, red serial number B/A 0000000 at
each corner (Pick 12ct), ink date ‘1 Jan 1924’ in top
margin, perforated, uncirculated and very attractive,
extremely rare
£1,000-1,500
x628
Imperial Bank of Persia, 5 tomans, Teheran, 16 July
1928, serial number C/B 077637, black, mauve and
pale green, Shah Muzzaffar-al-Din at left, value at
centre and at each corner, reverse green and white,
value at cetre and at each corner, serial number at each
corner (Pick 13), oval handstamp low centre, a pleasing
note, good fine and scarce
£1,000-1,200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x629
Imperial Bank of Persia, 10
tomans, Teheran, 10 May 1930,
serial number D/B 038746,
blue, orange and pale yellow,
Shah Muzzaffar-al-Din at left,
value at centre and at each
corner, reverse red and white,
value at centre and at left, serial
number at each corner (Pick 14),
oval handstamp low centre, a
pleasing very fine and a rare
denomination
£2,500-3,000
x630
Imperial Bank of Persia, 20
tomans, Teheran, 11 August
1923, serial number E/A
001989, violet, red and
multicoloured, Shah Muzzaffaral-Din
top right, value at centre
and at each corner, reverse violet
and red, value at left and at each
corner, serial number at each
corner (Pick 15), oval handstamp
low centre, a pleasing note, fine
and very rare especially in issued
format
£7,000-10,000
†631
Imperial Bank of Persia,
specimen 50 tomans, ND
(ca 1924), no serial numbers,
brown, green and multicoloured,
Shah Nasr ed-Din at right centre,
value at left and right, reverse
brown-purple and green, arms at
centre, value at left and right,
‘PAYABLE AT TEHERAN
ONLY’ in top margin (Pick 16s),
ink date ‘19.10.24’ in top margin,
perforated, uncirculated and very
attractive, extremely rare
£2,500-3,500
141

WORLD BANKNOTES
An Exceptional Issued 50 Tomans of Shah Muzzaffar-al-Din
x632
Imperial Bank of Persia, 50 tomans, Teheran, 15 June 1924, red serial number F/B 025105, brown, green, pink and
pale orange, Shah Muzzaffar-al-Din top right centre, value at centre and at each corner, ‘PAYABLE AT TABRIZ ONLY’,
manuscript signature low left and right, reverse purple-brown and green, value at left and at each corner, serial number at
each corner (Pick 16), oval handstamp low centre, a pleasing note, good fine to almost very fine, original paper and attractive,
extremely rare
£18,000-22,000
An Exceptional Issued 100 Tomans of Shah Muzzaffar-al-Din
x633
Imperial Bank of Persia, 100 tomans, Teheran, 14 June 1924, red serial number G/A 003625, blue, green orange and
mauve, Shah Muzzaffar-al-Din at right, value at centre and at each corner, two manuscript signatures low centre, reverse
blue and purple, arms at centre, value at left and at each corner, serial number in red at each corner (Pick 17), oval
handstamp low centre, an attractive very fine and extremely rare, possibly only six examples believed extant. A lovely note
£22,000-25,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Bank Melli
†634
Bank Melli Iran, a hand tinted obverse and reverse
essay for a 100 rials, AH 1315 (1936), serial number
45A 123456, brown and multicoloured, Shah Reza in
military cap at left, ruins at centre, reverse brown, ruins
at centre, arms at right, also a photograph of the
obverse and reverse (Pick unrecorded type), extremely
fine, unique (2)
£500-800
636
Bank Melli Iran, uncut sheet of four specimen 10
rials, AH1313 (1934), zero serial numbers, brown on
multicolour underprint, Shah Reza at right (Pick 25s
for type), cancellation holes, overprinted SPECIMEN,
uncirculated and scarce
£1,200-1,500
x635
Bank Melli Iran, a specimen set of the ND (1933-34,
AH1312-13) issue, comprising specimen 5, 10, 20,
50, 100, 500 and 1000 rials, all with Shah Reza in
military uniform on obverse, arms on obverse (Pick
24s-30s), all in PMG folders, grades in order are 67, 66,
64, 66, 66, 66, 66, 67, all EPQ (7)
£4,500-5,500
637
A small group of Iran, comprising Bank Melli, 10
and 50 rials, ND (1933), 5000 and 10000 rials, ND
(1974-79), and 10000 rials, ND (1981) (Pick 25, 27,
106b, 107b, 131), first two very good, others about
uncirculated or better (5)
£150-200
143

WORLD BANKNOTES
641
Bank Melli Iran, 500 rials, AH1317 (1938), serial
number C849203, blue on multicolour underprint,
Shah Reza at right, arms at centre, Perisan text and no
handstamp on reverse (Pick 37a), 1.5mm tear in top
margin, otherwise good very fine
£300-400
†638
Bank Melli Iran, a selection of portrait vignettes (6)
of Shah Reza in different poses and colours (Pick 31ff
for portaits), extremely fine and rare (6)
£150-200
639
Bank Melli Iran, 5 rials, AH1316 (1937), and 5 rials
and 10 rials, AH1317 (1938), red brown and purple
respectively, Shah Reza at right, (Pick 32a, 32Ae,
33Aa), very fine (3)
£100-150
†642
Bank Melli Iran, specimen 100 rials, AH 1316
(1937), no serial numbers, green and multicoloured,
Shah Reza facing ar right, Mount Damavand low
centre, value at each corner, reverse green and pale
orange, arms at left, fortress at centre, value top centre
and at each corner (Pick 35Bs), this colour not listed in
Pick. Large format paper, perforated, good extremely
fine and a very rare type
£1,500-2,000
643
Bank Melli Iran, 500 tomans, AH1317 (1938), serial
number C569480, blue, Shah Reza at right, also 100
and 500 tomans, ND (1944), purple and blue
respectively, Shah Pahlavi at right (Pick 37a, 44, 45),
very good to fine, scarce (3)
£200-300
640
Bank Melli Iran, 500 rials, AH 1319 (1937), red
serial number C 203554, blue and multicoloured,
Shah Reza at right, arms at centre, Imperial guardsman
at left and right, reverse blue, the grave of Cyrus the
Great at centre, Persian text (Pick 37a), pressed, about
vety fine and scarce
£250-350
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†644
Bank Melli Iran, specimen 100 rials, AH 1316
(1937), serial number A/1 000000, brown and pink
and green, Shah Reza at right, Bank Melli building at
centre, reverse brown and pale green, yacht at centre,
arms at left, text in French
(Pick 36s), mounting traces at right on reverse, fresh
good extremely fine and rare
£500-600
†646
Bank Melli Iran, specimen 10000 rials, AH 1317
(1938), red serial number 1 000000, blue and
multicoloured, Shah Reza three quarter facing to left
at centreright, palace at left, ruins at right, value at
each corner, reverse blue, viaduct, at centre, column at
left and right, arms top right (Pick 38Cs), red De la
Rue seal overprint, good extremely fine and a handsome
note, lovely and very rare
£1,500-2,500
†645
Bank Melli Iran, specimen 1000 rials, AH 1317
(1938), red serial number C 000000, green and
multicoloured, arms top centre, Shah Reza three
quarter facing to left at right, value at each corner,
reverse green, Mount Damavand at centre, Persian
text variety (Pick 38Aas), red SPECIMEN overprint,
good extremely fine and a handsome note, rare
£1,500-2,000
†647
Bank Melli Iran, an essay/trial 5 rials, ND (1944),
black zero serial numbers, brown and multicoloured,
Shah Pahlavi at right in high peaked military cap at
right, reverse brown, the tomb of Daniel at Susa at
centre (Pick 39 for similar), unique, black oval De la
Rue at low left, most unusual
£400-600
†648
Bank Melli Iran, an essay/trial 10 rials, ND (1944),
red serial numbers A/1 000000, purple and
multicoloured, Shah Pahlavi at right in high peaked
military cap at right, reverse purple, the Alborz
Mountains at centre (Pick 40 for similar), unique, red
oval De la Rue at low left, most unusual
£400-600
145

WORLD BANKNOTES
651
Bank Melli Iran, specimen set of the ND (1944)
issue, comprising specimen 5, 10, 20, 50, 100 (2), 500
and 1000 rials, all with Shah Pahlavi at right, value at
each corner, reverse landmarks and landscapes (Pick
39s-46s), various combinations of cancellation holes,
perforations and overprints, the 1000 rials has a
paperclip mark at top left, otherwise all about
uncirculated or better (8)
£4,000-4,500
†649
Bank Melli Iran, a selection of vignettes of Shah Reza
(5), brown, purple, orange, blue and green
respectively, also Shah Pahlavi in blue with manuscript
date ‘1943’, good extremely fine, rare (6)
£140-180
†652
Bank Melli Iran, colour trial 20 rials and 200 rials,
ND (1948), purple and multicoloured, and grey-blue
and multicoloured respectively, both Shah Pahlavi at
right (Pick 48ct, 51ct), cancallation holes, red
SPECIMEN overprint, uncirculated, rare (2)
£300-400
650
Bank Melli Iran, specimen 5 rials, ND (1944),
orange-brown, 10 rials, blue, 20 rials, brown, 50 rials,
green, 100 rials, purple and 200 rials, dark blue, all SH
1332 (1953) except the 200 rials which is SH1330
(1951) (Pick 39s, 59s, 60s, 61s, 62s, 58s), red/black
De la Rue oval low left, faint mounting traces, good
extremely fine to uncirculated and rare (6)
£500-700
WWW.SPINK.COM
†653
Bank Melli Iran, specimen 500 rials, ND (1944),
blue and lilac, Shah Pahlavi at right, arms at centre,
reverse blue, the ruins of Persepolis at centre (Pick
45s), printers annotations and date ‘6/1/44’ in
margins, extremely fine, rare and attractive
£600-800

April 10, 11 & 12, 2013 - LONDON
x654
Bank Melli Iran, set of the 1954 issue comprising, 10
rials, purple, 20 rials, dark brown, 50 rials, green, and
100 rials, maroon, all on multicolour underprint, Shah
Pahlavi at right (Pick 64-67), about uncirculated or
better (4)
£150-200
655
Bank Melli Iran, a selection of notes comprising, 5
rials, ND (1944), 10, 50 and 200 rials, ND (1948-51
issue), 10 rials 1958, and 50 and 1000 rials, 1962, all
with Shah Pahlavi at right or centre (Pick 39, 47, 49,
51, 68, 73, 75), about uncirculated or better (8)
£500-600
†657
Bank Markazi Iran, an obverse composite essay for
the issue of 100 rials, ND (c1976), red zero serial
numbers, Shah Pahlavi and Shah Reza at right,
signature 16, Bank Melli low centre (Pick 108 for
type), unique
£200-300
Bank Markazi
†656
Bank Markazi Iran, an obverse partial die proof 500
rials, type of 1962, black and white, Shah Pahlavi at
right, signature combination 10 (Pick 82 for similar),
good extremely fine and rare
£300-400
†658
Bank Markazi Iran, colour trial 10000 rials, ND
(1972), red zero serial numbers, violet and
multicoloured, Shah Pahlavi at centre, value at each
corner, signature combination 11, reverse violet, the
National Council of Ministries in Teheran at centre,
value low left and right (Pick 96act), perforated, red
SPECIMEN overprint, mounting traces at left edge
otherwise uncirculated and rare
£600-800
†659
Bank Markazi Iran, specimen 5000 rials (3), red, and
specimen 10000 rials (3), blue, all ND (1981), three
pairs of signatures 19, 20 and 22 respectively, majority
watermarked with arms, one 10000 rials with Republic
seal, (Pick 133s, 139s, 134s), uncirculated, rare (6)
£350-550
147

WORLD BANKNOTES
IRAQ
King Faisal I
†660
Government of Iraq, specimen 1 ⁄2 dinar, 1 July 1931,
serial number A 500001-A700000, brown and lilac
and green, King Faisal I at right, Al Askari, Hilton
Young and Hornsby signatures, reverse brown and
white, value and bank title (Pick 2as), ink date ‘6.2.32’
in top margin, perforated CANCELLED, good
extremely fine and rare
£1,500-2,000
†661
Government of Iraq, specimen 1 dinar, 1 July 1931,
serial number A 000001-10000000, blue and lilac and
white, King Faisal I at right, three printed signatures
below, value at each corner, reverse blue and white
(Pick 3as), ink date ‘11.7.31’ in top margin, perforated,
good extremely fine and rare
£1,500-2,000
†662
Government of Iraq, specimen 10 dinars, 1 July 1931, serial number A 050001-
A075001, violet and multicoloured, King Faisal I at right, three printed
signatures below, value at each corner, reverse violet and white (Pick 5s), ink date
‘26.2.32’ in top margin, perforated, good extremely fine and a lovely bright
printing, extremely rare
£4,000-6,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
King Ghazi
†663
Government of Iraq, die proof 1 ⁄4 dinar, law of 1931
(ca 1935), no serial numbers, green and white, King
Ghazi at right, two printed signatures below, value at
each corner (Pick 7pr), perforated, good extremely fine
and very rare
£1,000-1,500
†665
Government of Iraq, specimen 1 ⁄2 dinar, 1931
(1936), serial number A 900001-B 400000, brown
and lilac and white, King Ghazi at right, two printed
signatures below, value at each corner, reverse brown
and white (Pick 8s), ink date ‘3.8.34’ in top margin,
perforated, good extremely fine and rare
£1,000-1,500
†664
Government of Iraq, specimen 1 ⁄4 dinar, law of 1931,
serial number E 200001-F 200000, green and pale
yellow and lilac, King Ghazi at right, Kennet and Amin
signatures, reverse green and white (Pick 7es), ink date
‘31.7.40’ in top margin, perforated CANCELLED,
good extremely fine and rare
£500-700
†666
Government of Iraq, specimen 1 dinar, 1931, serial
number B900001-C400000, blue and lilac, King
Ghazi at right, reverse blue and white (Pick 9s), dated
‘3.5.34’ in top margin, perforated CANCELLED, good
extremely fine, rare
£800-1,200
149

WORLD BANKNOTES
†667
Government of Iraq, specimen 100 dinars, law of 1931 (1936), serial number
A 007251-A 009250, blue and lilac and white, King Ghazi at right, two printed
signatures below, value at each corner, reverse blue and white (Pick 12s), ink date
‘4.5.39’ in top margin, perforated, extremely fine and very rare
£6,000-8,000
King Faisal II
†668
Government of Iraq, specimen 1 ⁄4 dinar, 1931
(1942), serial number R 360001-T 360000, green
and lilac and white, King Faisal II as a child at right,
two printed signatures below, value at each corner,
reverse green and white (Pick 16s), ink date ‘12.3.47’
in top margin, perforated, small damage low right
otherwise good extremely fine and rare
£1,000-1,500
669
Government of Iraq, 1 ⁄4 dinar, law of 1931 (1942),
serial number H304, 033, green on multicolour
underprint, King Faisal II as child at right (Pick 16),
fresh and original extremely fine
£300-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
670
Government of Iraq, 1 ⁄4 dinar, law of 1931 (1942),
serial number Q703, 505, green on multicolour
underprint, King Faisal II as child at right (Pick 16),
fresh good very fine
£250-350
671
Government of Iraq, 1 ⁄4 dinar and1 dinar, both law of
1931 (1942), serial numbers J605, 289 and C/1 744,
300, green and blue respectively on multicolour
underprint, King Faisal II as child at right (Pick 16,
18), presentable and original fine (2)
£400-500
†672
Government of Iraq, colour trial 1 ⁄2 dinar, L 1931 (1942), no serial numbers,
red, pale green and lilac, value at each corner, portrait of King Faisal II as a child,
no signatures, reverse red and white, value and bank title (Pick 17ct) mounting
traces, red BRADBURY WILKINSON seal, pencil ‘1931’ in top margin, good
extremely fine, attractive and very rare, PMG 30, a pleasing very fine, scarce
£2,000-2,500
151

WORLD BANKNOTES
†673
Government of Iraq, specimen 100 dinars, law of 1931 (1943), serial number
A043251 - A065250, blue and multicoloured, King Faisal II as a child at right,
Kennet and Amin signatures, reverse blue and white, value (Pick 21s), ink date
‘23.6.43’ in top margin, perforated SPECIMEN, two creases and faint mounting
traces at right, otherwise fresh good extremely fine and very rare
£2,500-3,500
†674
Government of Iraq, specimen 1 ⁄4 dinar, law of 1931
(1945), serial number X 360001-Z360000, green and
lilac and yellow, a young King Faisal II at right, reverse
green and white (Pick 22s), perforated SPECIMEN,
ink date ‘7.5.49’ in left field, good extremely fine and
rare
£1,200-1,800
†675
Government of Iraq, colour trial 1 ⁄2 dinar, law of
1931 (1945), no serial numbers, red and
multicoloured, King Faisal II as a youth looking
upwards, value at each corner, reverse red, value at left
and top centre and at each corner (Pick 23ct),
perforated, uncirculated and very rare, attractive
£1,400-1,800
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
National Bank
†676
National Bank of Iraq, colour trial 1 ⁄2 dinar, law of
1947 (1950), serial number A000000, blue and
multicoloured, a young King Faisal II at right, reverse
blue, the ruins of Samara at centre, value at left (Pick
28ct), cancellation holes, uncirculated and rare
£800-1,200
†680
National Bank of Iraq, colour trial 1 ⁄2 dinar, law of
1947, serial number H000000, blue and multicolour,
King Faisal II as an adolescent at right, reverse blue,
the ruins of Smarra at centre, value at left (Pick 38act),
cancellation holes, uncirculated and rare
£800-1,200
677
National Bank of Iraq, 1 dinar, Law of 1947 (1950),
serial number S966454, blue on multicolour
underprint, young King Faisal II at right, value at each
corner (Pick 29), original and fresh, good very fine
£150-200
†681
National Bank of Iraq, colour trial 5 dinars, law of
1947, serial number A000000, blue, green and
multicolour, King Faisal II as an adolescent at right,
reverse olive green, Hammurabi receiving the laws at
centre, value at left (Pick 40act), cancellation holes,
uncirculated and rare
£1,000-1,500
678
National Bank of Iraq, 1 dinar, Law of 1947 (1950),
serial number U976979, blue on multicolour
underprint, young King Faisal II at right, value at each
corner (Pick 29), about uncirculated
£200-250
679
National Bank of Iraq, 1 dinar, 1950 and 5 and 10
dinars, 1955, blue, red and purple respectively, King
Faisal II at right (Pick 29, 40, 41), first fine, others very
fine (3)
£400-500
†682
National Bank of Iraq, specimen 5 dinars, ND, law
of 1947, (ca 1955), serial number D 400001-F
200000, red and pale green and lilac, a young King
Faisal II at right, reverse red, Hammurabi receiving the
laws at centre, value at left (Pick 35s), scuffed, ink date
‘12/1/55’ in top margin, perforated SPECIMEN,
extremely fine and rare
£600-800
153

WORLD BANKNOTES
†683
National Bank of Iraq, specimen 5 dinars, law of
1947, serial number D400001-F200000, red, green
and pink, King Faisal II as an adolescent at right,
reverse red, Hammurabi receiving the laws at centre,
value at left (Pick 40bs), ink date ‘12/1/55’ in top
reverse margin, perforated SPECIMEN, good extremely
fine, rare
£1,000-1,500
†686
National Bank of Iraq, colour trial 10 dinars, law of
1947 (1952), serial number B000000, green and
multicolour, King Faisal II as an adolescent at right,
reverse green, Assyrian ox and priest at centre, value at
left (Pick 41bct), perforated, uncirculated and rare
£800-1,400
684
National Bank of Iraq, 5 dinars, Law of 1947
(1953), serial number E643929, red on multicolour
underprint, King Faisal II at right (Pick 35), a
presentable almost very fine
£300-400
687
National Bank of Iraq, 10 dinars, Law of 1947
(1955), serial number D466168, purple on
multicolour underprint, King Faisal II at right (Pick
41), pressed, fine
£250-350
685
National Bank of Iraq, 5 dinars, Law of 1947
(1955), serial number G170505, red on multicolour
underprint, King Faisal II at right (Pick 40), pressed
but very fine, attractive
£400-500
688
National Bank of Iraq, 10 dinars, Law of 1947
(1955), serial number E178300, purple on
multicolour underprint, King Faisal II at right (Pick
41), pressed but about very fine and attractive
£300-400
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April 10, 11 & 12, 2013 - LONDON
Central Bank / Republic
x689
Central Bank of Iraq, specimen 1 dinar, ND (1959),
blue on multicoloured underprint, Republic arms at
right, value at each corner, reverse the Harp of Ur
(Pick 53s), red Arabic specimen overprint on obverse,
English on reverse, cancellation holes, perforated ‘287’,
about uncirculated, scarce
£250-350
x693
Central Bank of Iraq, specimen 10 dinars, ND
(1959), purple on multicoloured underprint, Republic
arms at right, value at each corner, reverse Priest with
Winged Assyrian Ox (Pick 55s), red Arabic specimen
overprint on obverse, English on reverse, cancellation
holes, perforated ‘282’, about uncirculated, scarce
£250-350
x690
Central Bank of Iraq, specimen 1 dinar, 1959, no
serial numbers, blue on multicolour underprint,
Republic arms at right, value at each corner, reverse
the Harp of Ur at centre (Pick 53s), cancellation holes,
perforated with number 182, overprinted SPECIMEN
in Arabic and English, uncirculated
£150-200
†694
Central Bank of Iraq, colour trial 1 ⁄2 dinar, blue,
colour trial 1 dinar, purple colour trial 5 dinars, blue
and brown and colour trial 10 dinars, blue and green,
all ND (1971 type) (Pick 57ct, 58ct, 59ct, 60ct),
mounting traces, good extremely fine, rare (4)
£250-350
†691
Central Bank of Iraq, colour trial 5 dinars, ND
(1959), zero serial numbers, green and multicoloured,
and specimen 5 dinars, ND (1959), serial numbers
123456-789012, purple and multicoloured, both with
arms at right (Pick 54ct, 54s), cancellation holes,
uncirculated, rare (2)
£400-600
x695
Central Bank of Iraq, set of the ND 1971 issue,
comprising 1 ⁄4 dinar, green, 1 ⁄2 dinar, brown, 1 dinar,
blue, 5 dinars, red and 10 dinars, purple, scenes of
industry and national landmarks (Pick 56-60), about
uncirculated or better (5)
£80-120
x692
Central Bank of Iraq, set of the ND 1959 issue,
comprising 1 ⁄4 dinar, green, 1 ⁄2 dinar, brown, 1 dinar,
blue, 5 dinars, red and 10 dinars, purple, Republic
arms at right (Pick 51-55), about uncirculated or better
(5)
£100-150
155

WORLD BANKNOTES
†696
Central Bank of Iraq, an obverse and reverse
composite essay for a 10 dinars, ND (type of 1971),
violet and blue-green, the Dockdan dam at centre,
value at each corner, violet and green, winged God
and attendant at centre, value at left and at each
corner, also a colour trial 10 dinars of ND (1971),
green and multicoloured, signature 17 (Pick 60 for
type, 60ct), unique (2)
£600-800
†698
Central Bank of Iraq, an obverse and reverse
composite 10 dinars, ND (1978), zero serial numbers,
purple and multicoloured, Al Hasan ibn al-Haitham at
right, reverse the Habda minaret in Mosul at centre
(Pick 71 for similar final design), this presumably the
final essay for the issued note, unique (2)
£600-800
x697
Central Bank of Iraq, 5 dinars, 1980/AH1400, zero
serial numbers, brown-violet and dark blue on
multicolour underprint, Gali-Ali Beg waterfall at
centre, value at each corner, reverse Al-Ukhether
Castle (Pick 70s), red Arabic specimen overprint on
obverse, number 0583 in low margin, about
uncirculated
£250-300
x699
Central Bank of Iraq, 10 dinars, 1980/AH1400,
zero serial numbers, purple on multicolour
underprint, scientist at right, value at each corner,
reverse minaret and trees (Pick 71s), red Arabic
specimen overprint on obverse, number 0192 in low
margin, about uncirculated
£250-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
ISRAEL
Anglo-Palestine Bank
x700
The Anglo-Palestine Bank Limited, a set of hand
executed essays/trials on thin card for the emergency
issue of 1948, comprising 500 mils, £1, £5, and £10,
all black and white, all dated 1948 and with zero serial
numbers, value in panel at left and right and all with
Hoofien and Barth signatures low left and rectangular
purple handstamp ‘Dugma’ (Specimen) across the face
of the note (Pick 1-4 for types, Birnbaum page 91 for
similar, Arkin page 14/15, Tepper page 36/37 for
types), produced by Shoshani Printers in Tel Aviv due to
the expected shortage of currency following the British
departure on the 15th May 1948. The notes were never
distributed and were destroyed after the arrival of the
American Banknote printed issue in July 1948.
Uncirculated and rare (4)
£5,000-6,000
x702
The Anglo-Palestine Bank Limited, a hand executed
essay on board for a £5, 1948, red zero serial numbers,
red text on cream board, value at left and right,
Hoofien and Barth signatures low left (Pick 2 for type,
Birnbaum page 91 (in green), Arkin page 15 in greyblack,
Tepper page 36 in dark green), almost
uncirculated and very rare
£1,800-2,200
x701
The Anglo-Palestine Bank Limited, a hand executed
essay for a £50 on thin card, 1948, zero serial
numbers, black text on white, value at left and right,
Hoofien and Barth signatures, purple rectangular
handstamp ‘Dugma’ (Specimen) across face (Pick 5 for
type, Birnbaum unlisted, Arkin unlisted, Tepper page
37), this denomination not recorded by either Birnbaum
or Arkin, extremely rare
£3,000-3,500
x703
The Anglo-Palestine Bank Limited, a hand executed
essay on board for a £50, 1948, red zero serial
numbers, red text on cream board, value at left and
right, Hoofien and Barth signatures low left (Pick 3 for
type, Birnbaum page 91, Arkin page 15, Tepper page
37 in brown), good extremely fine and very rare
£1,800-2,200
157

WORLD BANKNOTES
x704
Anglo-Palestine Bank Limited, Provisional issue, 5
Palestine Pounds, 16 May 1948, serial number
401341, red-brown on faint brown underprint, values
at left and right, (Pick 3a, Tepper page 37), faint
smudge at top left corner, otherwise a very fresh good
extremely fine
£2,000-3,000
x706
Anglo-Palestine Bank Limited, proof uniface 100
mils on board, ND (1948), black text on green-blue
and white on large format card, numbers at each
corner, Kaplan signature (Pick 7 for type, Birnbaum
page 92 for similar design in red), manuscript
signature of O.Wallish the designer below design.
Extremely fine and very rare
£1,600-2,200
x705
Anglo-Palestine Bank Limited, proof uniface 50
mils on board, ND (1948), black text on orange and
white on large format card, numbers at each corner,
Kaplan signature in field (Pick 6 for type, Birnbaum
page 92 for similar design in red), manuscript
signature of O.Wallish, the designer, below design.
Extremely fine and very rare
£1,600-2,200
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April 10, 11 & 12, 2013 - LONDON
x707
Anglo-Palestine Bank Limited, a proof uniface 50
mils, 1948, no serial numbers, black text on blue and
white on large format paper, value at each corner,
Kaplan signature, (Pick 6 for type, Birnbaum page 92
for similar design), smaller format than previous lots.
Manuscript signature of Otto Wallish (the designer)
below the note. Extremely fine and very rare especially
with signature
£1,600-1,800
x708
Anglo-Palestine Bank Limited, a proof uniface 100
mils on large format paper, 1948, black text on blue
and white, value at each corner, Kaplan signature (Pick
7 for type, Birnbaum page 93 for similar design),
purple handstamp ‘Dugma’ (Specimen) across face of
note. Manuscript signature of Otto Wallish below the
note. Extremely fine and very rare especially with
signature
£1,600-1,800
x709
Anglo-Palestine Bank Limited, a hand executed composite proof uniface 500
mils, ND (1948), grey-black text on white on large format paper, value at centre
and at each corner (Pick unlisted, Birnbaum unlisted, Arkin page 19 for similar
designs), unique
£2,200-2,600
159

WORLD BANKNOTES
x710
Anglo-Palestine Bank Limited, a hand
executed composite proof uniface £1, ND
(1948), black text on white with value in blue on
large format board, value at centre and at each
corner (Pick unlisted, Birnbaum unlisted),
unique
£2,200-2,600
x711
Anglo-Palestine Bank Limited, a hand
executed composite proof uniface £5, ND
(1948), black text on white with value in brown
on large format board, value at centre and at each
corner (Pick unlisted, Birnbaum unlisted),
unique
£2,200-2,600
x712
Anglo-Palestine Bank Limited, a hand
executed composite proof uniface £10, ND
(1948), black text on white with value in pale red
on large format board, value at centre and at each
corner (Pick unlisted, Birnbaum unlisted),
unique
£2,200-2,600
x713
Anglo-Palestine Bank Limited, a hand
executed composite proof uniface £50, ND
(1948), black text on white with value in violet
on large format board, value at centre and at each
corner (Pick unlisted, Birnbaum unlisted),
unique
£3,500-4,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x714
Anglo-Palestine Bank Limited, a specimen set of the 1948 issue, comprising
500 mils, grey, 1 pound, dark blue, 5 pounds, brown, 10 pounds, red, and 50
pounds, purple, all with red zero serial numbers, ornate borders and vignettes at
centre, value at each corner, reverse similar design in muted colours (Pick 14s-
18s), cancellation holes, overprinted SPECIMEN in small red letters, the 500 mils
has small stain at low right and pencil marks in top margin, otherwise all fresh and
original, about uncirculated or better, and very rare (5)
£6,500-7,500
Bank Leumi Le-Israel
x715
Bank Leumi Le-Israel B.M., colour trial £1, 1952 issue, no serial numbers,
brown-black on blue underprint, ornate borders and vignettes at centre, value at
each corner, reverse similar design in muted colours (Pick 20ct, Tepper unlisted
colour), an ABNC engraving, star-shaped cancellation holes, paperclip mark at top
left, about uncirculated and extremely rare, the cataloguer has never seen a Bank-
Leumi colour trial!
£1,600-2,200
161

WORLD BANKNOTES
x716
Bank Leumi Le-Israel B.M., a specimen set of the 1952 issue, comprising 500
mils, grey-green, 1 pound, olive green, 5 pounds, red-brown, 10 pounds, black,
and 50 pounds, dark brown, all with red zero serial numbers, ornate borders and
vignettes at centre, value at each corner, reverse similar design in muted colours
(Pick 19s-23s), cancellation holes, overprinted SPECIMEN in small red letters, first
three uncirculated, last two about uncirculated, rare (5)
£2,200-2,600
Bank of Israel
x717
Bank of Israel, obverse and reverse black and white
die proofs for a 1 lira, and a reverse for a 500 pruta,
1955, black and white, landscape and values, each with
hand drawn printers secret marks in colour (Pick 24
and 25 for type), unique (3)
£250-350
x718
Bank of Israel, obverse and reverse black and white
die proofs for a 5 lirot, 1955 black and white,
landscape with cliffs and farmer ploughing, value at
top corners, reverse values, each with hand drawn
printers secret marks in colour (Pick 26 for type),
unique (2)
£250-350
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x719
Bank of Israel, obverse and reverse black and white
die proofs for a 10 lirot, 1955 black and white, Plain
of Jezreel and palm tree, value at top corners, reverse
values, each with hand drawn printers secret marks in
colour (Pick 27 for type), unique (2)
£250-350
x720
Bank of Israel, obverse and reverse black and white
die proofs for a 50 lirot, 1955, black and white,
landscape with road and mountains, value at top right
and low left, reverse values, each with hand drawn
printers secret marks in colour (Pick 28 for type),
unique (2)
£300-400
x721
Bank of Israel, specimen 500
pruta, red, specimen 1 lira,
blue, specimen 5 lirot,
purple-brown, specimen 10
lirot, blue-grey and specimen
50 lirot, blue and
multicoloured, all 1955 (Pick
24s, 25s, 26s, 27s, 28s),
red/black SPECIMEN
overprint, about uncirculated
or better and rare (5)
£1,000-1,200
722
Bank of Israel, specimen 500
pruta, red, specimen 1 lira,
blue, specimen 5 lirot,
purple-brown, specimen 10
lirot, blue-grey and specimen
50 lirot, blue and
multicoloured, all 1955 (Pick
24s, 25s, 26s, 27s, 28s),
red/black De la Rue oval low
left, faint mounting traces,
good extremely fine to
uncirculated and rare (5)
£800-1,000
163

WORLD BANKNOTES
This whole series was conceived due to public dissatisfaction with the ‘landscape’ issues of 1955. The project was
overseen by the archaeologist Yigael Yadin with the idea being to place archaeological sites on the reverses and
images of the new State of Israel on the obverse. Arkin writes ‘Old versus new’ as the theme behind the proposed
new issue of currency. The designers were Gaabriel Shamir, Maxim Shamir and Jacob Zim. The photographer Rudi
Wissenstein was commissioned to take photographs of ‘modern Israelis’ to best epitomise the new State of Israel.
These photographs would then form the template for the new designs. The proofs offered here bear the manuscript
signature of one of the designers, Maxim Shamir and were purchased many decades ago from the family of Maxim
Shamir.
x723
Bank of Israel ‘Ideal figures’ series, a hand executed
essay on board for a 1 ⁄2 lira, 1958, serial number
297420, green and white, allegorical male figure at
left, background of cultivated fields almost identical to
the adopted design with ‘female soldier’, signature of
Nebenzahl low right (Pick 29 for similar, Arkin page
81 for similar), unique and a tangible reminder of the
creation of this iconic series.
£1,500-1,800
x725
Bank of Israel ‘Ideal figures’ series, a hand executed
essay on board for a 5 lira, ‘the labourer note’, 1958,
no serial numbers, red-brown and white, worker at
left, factory in background, pencil impression of a
worker as watermark at right, signature of Nebenzahl
low right (Pick 30 for type, Arkin page 85 for type)
manuscript signature of Maxim Shamir low right,
unique. This presumably used as the approved essay for
the issued design.
£1,400-1,800
x724
Bank of Israel ‘Ideal figures’ series, a hand executed
essay on board for a 1 lira, 1958, serial number
297420, blue and white, farmer sowing seed at left,
background of cultivated fields as on the previous lot
and on the final approved design, signature of
Nebenzahl low right (Pick unrecorded design, Arkin
page 81 for elements of the design) manuscript
signature of Maxim Shamir low left, unique. This design
not adopted, a fisherman was the preferred choice.
£1,400-1,600
x726
Bank of Israel ‘Ideal figures’ series, a hand executed
essay on board for a 5 lira, 1958, serial number 94251,
blue and white, worker at left, factoty in background,
signature of Nebenzahl low right (Pick unrecorded
design, Arkin page 85 for elements of the design)
manuscript signature of Maxim Shamir low right,
unique. This design not adopted but close to the adopted
notes and see previous lot for type
£1,400-1,800
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April 10, 11 & 12, 2013 - LONDON
x727
Bank of Israel ‘Ideal figures’ series, a hand executed essay on board for a 50
lira, 1959, serial number 297420, red-brown and white, an allegorical couple
representing ‘the return of the exiles’, rural landscape in background, signature of
Nebenzahl low right (Pick 33 for type, Arkin page 89 for design) manuscript
signature of Maxim Shamir low right, unique. The couple used as models for the note
were Aryah Eyal and Tsuria Ronen, Polish and Yemeni respectively. They were
according to Arkin friends of an aquaintance of the Shamir brothers.
£1,400-1,800
x728
Bank of Israel, obverse and reverse die proof for a 5
lirot, 1958, black and white, worker with hammer and
factory, reverse Seal of Shema, both sides with printers
secret marks hand drawn in colour (Pick 31 for type),
unique and interesting (2)
£200-300
x729
Bank of Israel, obverse and reverse die proof for a 10
lirot, 1958, black and white, scientist with microscope
and test tube, reverse Dead Sea Scrolls, both sides with
printers secret marks hand drawn in colour (Pick 32
for type), unique and interesting (2)
£250-350
165

WORLD BANKNOTES
x730
Bank of Israel, obverse and reverse die proof for a 10
lirot, 1958, maroon, black and white, scientist with
microscope and test tube, reverse Dead Sea Scrolls,
both sides with printers secret marks hand drawn in
colour (Pick 32 for type), some hand sketched elements,
unique and interesting (2)
£250-350
732
Bank of Israel, specimen 5 lirot, 1958, brown,
worker with hammer at left, specimen 10 lirot, 1958,
purple, scientist at left (Pick 31s, 32as), red De la Rue
oval low left, faint mounting traces, good extremely fine
to uncirculated and rare (2)
£200-300
x731
Bank of Israel, a specimen set of the 1958-60 issue,
comprising 1 ⁄2 lira, green, woman soldier, 1 lira, blue,
fisherman, 5 lira, tan, factory worker, 10 lira, pink and
purple, scientist, and 50 lira, brown, boy and girl, all
with red zero serial numbers (Pick 29s-33s), red
overprint SPECIMEN in large red letters, about
uncirculated, scarce (5)
£1,600-2,200
x733
Bank of Israel, 50 sheqalim (3), 1978, black on tan
and brown underprint, scarce variety with four black
bars below serial number on reverse, also 100 sheqalim
(3), 1979, red brown on tan underprint, with two
bars below serial number on reverse (Pick 46d, 47b),
50 sheqalim with staple holes at left, otherwise about
uncirculated, 100 sheqalim extremely fine, scarce (6)
£200-300
x734
A large group of Israel notes, comprising, 1⁄2 (2), 1
(29), 5 (4), 10 (8) and 50 (8) lirot, 1958-60 issue, 5
(100), 10 (147), 50 (14) and 100 (14) lirot, 1968
issue, 5 (133), 10 (102), 50 (119), 100 (9) and 500
(6) lirot, 1973-75 issue, 1 (200), 5 (175), 10 (2), 50
(5), 500 (8), 1000 (8), 5000 (5) and 10000 (4)
sheqalim, 1978-84 issue, and 1 (100) and 5 (15) new
sheqalim, 1985-92 issue (Pick 29-46, 48-52), mostly
uncirculated, a few fine to extremely fine (c.1214)
£850-1,250
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April 10, 11 & 12, 2013 - LONDON
ITALY
737
Banca Nazionale nel Regno d’Italia, 100 lire (2),
1894, black on pink paper, arms top centre, three
signatures below (Pick S742), VG but presentable
enough and rare (2)
£200-300
†735
Banco Agricola Nazionale, specimen 5 lire (2), ND
(c1870), serial numbers 200001-200001, black and
green, bust of Italia at centre, reverse green, medallic
female head at centre (Pick S unlisted), cancellation
holes, good extremely fine and very rare (2)
£500-800
†738
Banca Nazionale Toscana, specimen 50 centisimi,
brown, 1 lira, green, 2 lire, pink-brown and 5 lire,
blue, last two with Dante at left, all with counterfoil
and dated 1873 (Pick S 751s, S752s, S753s, S754s),
cancellation holes, good extremely fine, rare (4)
£600-800
736
Banca Nazionale nel Regno d’Italia, 100 lire (2),
1887, 1888, black on pink paper, arms top centre,
three signatures below (Pick S742), very good but
presentable enough and rare (2)
£200-300
†739
Banca Nazionale Toscana, specimen 10 lire, 1873,
serial number A002278, pink and black, Dante at left
(Pick S755s, Crapanzano NT20s), cancellation holes,
good extremely fine, rare
£300-400
167

WORLD BANKNOTES
†740
Banca Nazionale Toscana, specimen 200 lire, 9 September 1869, blue-green, Italia at left,
Dante at right, counterfoil at left, reverse blue and green (Pick S766s, Crapanzano NT28s), good
extremely fine, attractive and very rare
£800-1,200
†741
Banco di Napoli, specimen 25 lire, 1 August 1883, serial number B/R 00001-C/M 10000,
lilac and black, counterfoil at left (Pick S834s, Crapanzano NA120s), cancellation holes, good
extremely fine, rare
£400-600
†742
Banco di Napoli, specimen 50 lire, 1 June 1879, serial number C/O 10001, black, pink and
lilac, prancing horse at left and right, counterfoil at left, reverse blue and brown-purple, value at
centre Pick S844s, Crapanzano NA123s), perforated, good extremely fine and rare
£350-550
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†743
Il Banco di Sicilia, specimen
1 lira, green, 2 lire, orangebrown,
5 lire, blue and 10 lire,
brown, all Palermo, 27 April
1870 (Pick S879s, S880s,
S881s, S882s), cancellation
holes, good extremely fine, rare
(4)
£600-800
†744
Banca Agragaria Comerciale
di Foggia, specimen 30 lire, 2
June 1862, serial number
00001-10000, black and pink,
value in green at centre,
cherub ploughing (!) at left,
bullock cart and harvest at
right, counterfoil at left,
reverse brown, text and value
(Pick S920s), perforated, good
extremely fine and very rare
and attractive
£700-900
†745
Banca Agricola Sarda, specimen 100 lire, 1 January 1872,
serial number A/C 1000, pink and black, value in green at
centre, arms at top centre, E d’Arborea at low centre (Pick
S923s), cancellation holes, good extremely fine and very rare
£600-800
169

WORLD BANKNOTES
†746
Banco del Popolo, specimen 30 lire, ND (c.1866),
yellow and brown, arms and maidens at top centre,
Ceres at low centre, arms at left and right, reverse text
(Pick S943s), good extremely fine, very rare
£500-700
747
Banca d’Italia, 50 lire, 1942, prefix D843,
multicoloured, Italia in red seal at right, Azzolini and
Urbini signatures, also a selection of small size notes
comprising Societa Nazionale Italiana Mutua 50
centesimi(2), Banco Popolare in Faenza 5 lire, Banca
Popolare di Meldola 1 lira, Banca Nazionale del Regno
D’Italia 5 lire and 10 lire (Pick 57), first pencil
annotation otherwise extremely fine and scarce, balance
VG to fine (7)
£150-200
748
Banca d’Italia, 25 lire, 1943, serial number X39-
021524, brown and light brown, arms and maiden,
cherub and scales at right, reverse brown, maiden and
cherubs (Pick 66, Gavello 278), an original good very
fine
£70-100
749
A strip of four unissued Italian notes or coupons,
titled ‘Modello Di Biglietto’, all for 1 lira, dated 30
April 1874, uniface, black on a green underprint,
bearded man at centre, value to left and right
(unlisted), perforated to allow removal of individual
notes, interesting and about uncirculated
£50-70
749
750
Italy, a selection of Camp Concentramento notes
(10), Verona, 1 and 20 lire, Mestre, 1 and 10 lire,
camp 31, 10 lire, camp 7, 50 centessimi, 1, 2, 5, 10 lire
(Feller IT N/L, Gavello N/L), generally extremely
fine, scarce and interesting (10)
£200-300
750
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
JAMAICA
751
Government of Jamaica, 5/-, 1 March 1953, serial
number 25D 16522, red-orange, George VI at left,
value at right (Pick 37b), good extremely fine
£50-70
x756
Bank of Jamaica, £1, Law of 1960 (1964), prefix FH,
green and pale orange, Elizabeth II at left, arms low
centre, value at centre, top left and low right, Brown
signature, Gothic serial number variety, reverse blue
(Pick 51Ce), in PMG holder 58, choice about
uncirculated, EPQ. Scarce
£150-200
†752
Government of Jamaica, £1, 7 April 1955, serial
number 30B 27403, green and pink, George VI at
left, value at right, reverse green and pink, value (Pick
41b), fresh and original, almost uncirculated thus
scarce
£140-180
753
Bank of Jamaica, 5/-, red, and 10/-, violet, both ND
(1961), both Elizabeth II at left, arms low centre,
Payton signature (Pick 51A, 51B), about uncirculated
(2)
£100-150
x757
Bank of Jamaica, £5, Law of 1960 (1964), serial
number JC 248023, blue, pale orange and green,
Elizabeth II at left, arms low centre, value at centre,
top left and low right, Payton signature, Gothic serial
number variety, reverse blue and white, industrial
plant at centre (Pick 52a), slight staining at right
otherwise an original extremely fine and scarce
£600-700
758-764
No lots
x754
Bank of Jamaica, £1, ND (1961), serial number EE
993038, green and pink and orange, Elizabeth II at
left, arms low centre, Hall signature (Pick 51Cd), some
spotting at top, pressed extremely fine, scarce
£60-100
755
Bank of Jamaica, 10/-, violet and £1, green, both
ND (1966-), both Elizabeth II at left, arms low
centre, Hall as Governor signature, also 50 cents, $1,
$2, all Brown signature (Pick 51Bd, 51Cd, 53, 54,
55), about uncirculated or better (5)
£150-200
171

WORLD BANKNOTES
JAPAN
765
The Commercial Bank Corporation of India & the East,
reverse proof on card for $25, ND (only know issue for bank
in 1866), black and white, value at centre of ornate oval
vignettes (Pick unlisted, see Japan S235 for bank), clean and
fresh, good extremely fine and extremely rare
£250-350
766
Russo-Japanese War issue, 10 sen (2), ND (1904),
black, pink and white, two onagadori cockerels at top,
two dragons below, one variety with serial numbers on
reverse, one variety without, also 20 sen in green and
white (Pick M1a, b, 2a), very fine and scarce (3)
£100-150
x767
Japanese Military Currency, 1904 Russo-Japanese
War issue, 1 yen, 1904, black on ochre underprint,
Onagadori Cockerels at top centre, dragons at low
centre, reverse ochre (PS M4b), very fine and scarce
£100-150
768
Japanese military issues during World War II, 1 sen
(9), 5 sen (6), 10 sen, 50 sen (7), 1 yen (2), 5 yen (3),
10 yen (5), 5 yen (6), 10 yen (Pick M7, 8, 10, 11a, 15,
17a, 19a, 25a, 25b, 27a), generally extremely fine or
better (40)
£100-150
770
Great Imperial Japanese Government note, 1 yen,
1878 (1881), black and salmon, Empress Jingu at
right, reverse pale blue central guilloche (Pick 17), a
pleasing fine, scarce
£150-200
769
Great Japanese Government, 10 sen, ND (1872),
pink, black and white, onagadori cockerels top centre,
green seal top left, reverse green and white, blue and
red seal (Pick 1), almost very fine
£50-60
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x771
Great Imperial Japanese National Bank, 5 yen, ND
(1878), serial number 179711, block 70, black on green
underprint, three blacksmiths at right, value at each corner,
reverse black and green, Ebisu at centre (Pick 21), PMG 12,
fine and rare
£500-700
772
Bank of Japan, 1 yen, ND (1885), blue and white,
Daikoku sitting on rice bales at right, red seal at left,
reverse orange-brown, value at centre (Pick 22), a
pleasing and quite fresh and bright very fine thus scarce
£200-300
x774
Bank of Japan, Convertible gold note issue, 5 yen,
1899-1910, black on pale green underprint, Takeuchi
Sakune at centre, shrine scenes at left and right, value
at each corner (Pick 31a), fine and fairly scarce
£200-250
773
Bank of Japan, Convertible silver issue, 1 yen,
1889, black and light pink, Sukune at right, specimen
and two issued example of a 1 yen, 1916, Sukune at
right (Pick 26, 30s, 30c), first about fine, balance
extremely fine (4)
£100-150
x775
Bank of Japan, Convertible gold note issue, 10 yen,
1899-1913, block 37, black on light brown
underprint, Wakeno Kiyomaru at right, Goo Shrine at
left, reverse green, boar at centre flanked by values
(Pick 32b), PMG 20, very fine
£300-400
173

WORLD BANKNOTES
x776
Bank of Japan, Convertible gold note issue, 10 yen,
1899-1913, block 2, black on light brown underprint,
Wakeno Kiyomaro at right, Goo Shrine at left, reverse
green, boar at centre (Pick 32b), PMG 8, very good,
scarce
£120-160
x777
Bank of Japan, Convertible gold note issue, 5 yen,
ND (1916), serial number 378289(13), black on light
green underprint, Takeuchi Sukune at right, shrine
with stairs at left, and 10 yen, ND (1915), serial
number187875(195), grey, Wakeno Kiyomaro at left,
Goo Shrine at right (Pick 35, 36), both good fine (2)
£100-150
780
Bank of Japan, a selection of notes from the 1942
series comprising 5 yen (2), red-brown reverse,
Imperial Government 10 sen, 1919, Bank of Japan,
1943 series, 1 yen (2), 5 yen (3), green reverse, 10 yen
(2), 1944 series, 5 sen, 10 sen (2), 1 yen (4), 5 and 10
yen and a 100 yen which is hole cancelled (Pick 43a,
46b, 49a, 50a, 51a, 52a, 53a, 54a, 54b, 55a, 56b,
57a), the last 5 yen scarce, generally very fine or better
(20)
£150-200
778
Bank of Japan, Convertible gold note issue, 5 yen,
1916, black, green and lilac, Sukune at right, also 10
yen, 1915, black, mauve and orange, Kiyomaro at
right (Pick 35, 36), fine to good fine, scarce (2)
£100-150
x781
Bank of Japan, 200 yen, ND (1945), serial number
467565{3}, black on light blue underprint, Takeuchi
Sukune at right, value at each corner, reverse red (Pick
43Aa), presentable, fine and fairly scarce
£300-400
779
Bank of Japan, a selection of later issues, (ca. 1930),
comprising 5 yen, 10 yen (2), 20 yen, 100 yen (Pick
39, 40a, 41a, 42a), good very fine or better, 20 yen fresh
good very fine and scarce, the 100 yen almost
uncirculated (5)
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
JORDAN
The Hashemite Kingdom of Jordan
x782
Bank of Japan, 1000 yen, ND (1945), serial number
(8)761055, black on brown and multicolour
underprint, Yamato Takeru No Mikoto at right,
Takebe Shrine at left, value at each corner (Pick 45a),
graffiti on reverse in bottom margin, pressed thus about
very fine
£400-500
783
Imperial Japanese Government, 50 sen (8), ND
(1938-1945), 50 sen (2), 1948, Bank of Japan, 10 yen
(3), ND (1945), Kiyomaro portrait, 10 yen (2), 1946,
blue stamp attached (Pick 58a, 59a, b, c, 60a, 61a, b,
77a, 79a, c), generally extremely fine, the Pick 77a quite
scarce (15)
£150-200
784
Bank of Japan, 5 sen (7), 10 sen (2), 1 yen (6), 5 yen
(3), brown and green, 10 yen (2), black and pale blue,
50 yen, Korekiyo at right, 100 yen (3), Shotoku-taishi
at right, 100 yen (6), Taisuke at right, 500 yen (4),
Tomomi at right (Pick 83, 84, 85a, 86a, 87a, 88, 89a,
90b, 90c, 91a, c), generally extremely fine (34)
£160-220
785
Bank of Japan, 1000 yen, 1950, 5000 yen (2), 1957
and 10000 yen (2), 1958, all Shotoku-taishi at right
(Pick 92b, 93b, 94b), first very fine, balance
uncirculated (5)
£120-160
786
Bank of Japan, 1000 yen (4), 1963, Ito at right,
1000 yen (5), 1984, Natsume at right, 5000 yen (2),
1984, Nitobe at right, 10000 yen, 1984, Fukuzawa at
right, also 2000 yen (2), Economic Summit
commemorative issue (Pick 96b, 97a, 97b, 99b, 103),
generally uncirculated (14)
£150-200
†787
Hashemite Kingdom of Jordan, specimen 1 dinar,
law of 1949, red zero serial numbers, green and pale
orange and white, King Abdullah at right, signature 2,
reverse green and white, ruins at centre, column at left
and right (Pick 2bs), red De la Rue oval low centre,
about uncirculated and rare
£500-700
x788
Hashemite Kingdom of Jordan, 5 dinars, L.1949,
red, King Abdullah at right, value at each corner,
reverse Petra at centre, value at left and eah corner
(Pick 3a), a wonderfully fresh about uncirculated, scarce
in this grade
£600-800
175

WORLD BANKNOTES
An Exceptional King Abdullah 50 Dinars, Law of 1949
789
Hashemite Kingdom of Jordan, specimen 50 dinars, law of 1949, red
serial number A/A 000000, brown and pale green, King Abdullah at right,
signature 2, reverse brown and white, Aqaba beach (Pick 5s), red De la
Rue oval low left, very faint mounting traces, fresh and bright, good extremely
fine to uncirculated and very rare. A classic rarity in the Jordan series of
banknotes.
£3,500-5,500
790
Hashemite Kingdom of Jordan, specimen 500 fils,
law of 1949 (1952), red serial number B/A 000000,
lilac and pale green, irrigation ditch, signature 3,
reverse lilac and white, cattle at centre (Pick 5Aas), red
De la Rue oval low left, faint mounting traces, good
extremely fine to uncirculated and rare
£500-700
†791
Hashemite Kingdom of Jordan, specimen 500 fils,
law of 1949, red zero serial numbers, lilac and white,
irrigation ditch, signature 3, reverse lilac and white,
cattle at centre (PIck 5Aas), perforated, mounting
marks otherwise almost extremely fine and rare
£300-500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†792
Hashemite Kingdom of Jordan, specimen 500 fils,
law of 1949 (1961), maroon zero serial numbers, lilac,
irrigation ditch at centre, signature 4, reverse lilac,
cattle at centre (Pick 5Ab), mounting traces at left, ink
date 11-4-61’ in top margin, perforated CANCELLED,
good extremely fine and rare
£350-450
795
Hashemite Kingdom of Jordan, specimen 5 dinars,
law of 1949 (1952), red serial number B/E 000000,
red, white and pale green, King Hussein at right,
signature 3, reverse red and white, the Treasury of
Pharoah at Petra at centre (Pick 7as), black De la Rue
oval low left, faint mounting traces, good extremely fine
to uncirculated and rare
£450-650
793
Hashemite Kingdom of Jordan, specimen 1 dinar,
law of 1949 (1952), red serial number B/E 000000,
green, pale yellow and black, King Hussein at right,
signature 3, reverse green and white, ruins (Pick 6as),
red De la Rue oval low left, faint mounting traces, good
extremely fine to uncirculated and rare
£400-500
†796
Hashemite Kingdom of Jordan, specimen 1 dinar
and 10 dinars, 1949 (1952), both zero serial numbers,
green and maroon respectively, both King Hussein at
right, signature 6 and 4 (Pick 6bs, 8as), ink date
‘7.7.61’ on 10 dinars, red De la Rue seals, cancellation
holes, good extremely fine and rare (2)
£500-700
†794
Hashemite Kingdom of Jordan, specimen 1 dinar
(2), law of 1949, red zero serial numbers, green, black
and pale yellow, King Hussein at right, signature 6A
and 6, reverse green and white, the ruins at Jerash
(Pick 6as, bs), perforated, ink numeral and slight
staining on the signature 6 otherwise extremely fine and
rare (2)
£600-900
797
Hashemite Kingdom of Jordan, specimen 10 dinars,
law of 1949 (1952), red zero serial numbers, blue and
white, King Hussein at right, signature 4, reverse blue
and white, the treasury of Pharoah at Petra at centre,
value at left and at each corner (Pick 8bs), perforated
CANCELLED, uncirculated and rare
£350-450
177

WORLD BANKNOTES
Unrecorded Bank of Jordan Essay
†798
Bank of Jordan, an obverse and reverse composite essay for a 1 dinar, ND (ca
1952), serial number 1/1 000000, green, pale pink and blue, King Hussein at
right, value at each corner, reverse green, ancient columns, value at left (Pick
unrecorded), unique. There are no issues for ‘The Bank of Jordan’ and this bank does
not exist for currency issues, highly unusual and interesting
£1,500-2,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Central Bank of Jordan
x802
Central Bank of Jordan, 10 dinars, ND (1959), serial
number NA422566, black on multicolour underprint,
King Hussein at left, dockyard and ships at low centre
right, value at each corner (Pick 16b), PMG 64, gem
uncirculated
£120-160
†799
Central Bank of Jordan, specimen 1 dinar, ND
(1965), black zero serial numbers, green, signature 14,
also specimen 5 dinars, ND (1965), black zero serial
numbers, red, signature 12, both King Hussein at left
(Pick 14bs, 15as), perforated, extremely fine and rare
(2)
£400-600
800
Central Bank of Jordan, specimen 10 dinars, law of
1959 (1965), black zero serial numbers, blue and pale
green, King Hussein at left, value at each corner,
signature 10, reverse baptismal site on the River
Jordan at centre (Pick 16as), perforated SPECIMEN,
uncirculated and scarce
£200-250
†803
Central Bank of Jordan, an obverse and reverse
composite essay for a 5 dinars, ND (1974), zero serial
numbers, red and multicoloured, King Hussein at left,
ornate background, reverse red, the Roman
Colonnade at Jerash at centre, the Treasury of Pharoah
at Petra at right (Pick unrecored), unique and
attractive (2)
£600-800
†801
Central Bank of Jordan, specimen 10 dinars (3), ND
(law of 1959), zero serial numbers, dark blue and
multicoloured, King Hussein at left, port scene at
centre, signature 12A, 14, 15 reverse blue, baptismal
site on the River Jordan (Pick 16b, d, e), black
SPECIMEN overprint, one example with corner folder
otherwise good extremely fine and rare (3)
£700-900
179

KENYA
WORLD BANKNOTES
†804
Central Bank of Jordan, specimen 1 dinar, green, 5
dinars, red, 10 dinars, blue and 20 dinars, olive and
multicoloured, all ND (c1975), all King Hussein at
left, signatures 16, 15, 15 and 16 respectively (Pick
18cs, 19as, 20as, 21as), mounting traces, perforated,
good extremely fine and rare (4)
£300-500
x807
Central Bank of Kenya, colour trial 100 shillings,
ND 1966/68, no serial number, black on multicolour
underprint, Kenyatta at left, value at each corner,
reverse black (Pick 5ct), cancellation holes, overprinted
SPECIMEN, extremely fine and rare
£450-550
x805
Central Bank of Jordan, specimen set of the 6th
issue, comprising 1 dinar, 2009, green, 5 dinars, 2008,
orange, 10 dinars, 2007, blue, 20 dinars, 2009, green,
and 50 dinars, 2008, orange and purple (Pick 34s-
38s), slight paperclip mark on top edge, otherwise
uncirculated (5)
£300-400
x808
Central Bank of Kenya, specimen 20 shillings (2),
1990 and 1992, and specimen 50 shillings, 1992, zero
serial numbers, blue and red respectively on
multicolour underprint, both with President Daniel
Arap Moi at right, arms at centre left, value at each
corner (Pick 25cs, 25es, 26s), red SPECIMEN
overprint, specimen numbers in low left margin, about
uncirculated or better (3)
£150-200
809-814
No lots
KAZAKHSTAN
x806
Kazakhstan National Bank, a specimen set of the
1993 issue comprising 1, 3, 5, 10, 20, 50, 100 and
500 tenge, all serial number AA0000000,
multicoloured (Pick 7s-13s, 15s), overprinted
SPECIMEN on obverse and reverse, specimen number in
low left margin, about uncirculated to uncirculated (8)
£350-450
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
KUWAIT
x815
Central Bank of Kuwait, colour trial 1 dinars,
L.1968, zero serial numbers, blue on multicolour
underprint, Amir Shaikh Abdullah at right, value at
each corner, reverse blue, oil refinery (Pick 8ct),
cancellation holes, overprinted SPECIMEN, mounting
traces at left on both sides of note, otherwise about
uncirculated, rare
£800-1,000
x817
Central Bank of Kuwait, specimen 10 dinars,
L.1968, zero serial numbers, green and brown on
multicolour underprint, Amir Shaikh Abdullah at
right, value at each corner, reverse green, dhow at
centre (Pick 10s), cancellation holes, overprinted
SPECIMEN, about uncirculated, scarce
£700-900
x818
Central Bank of Kuwait, 10 dinars, L.1968, green
and brown on multicolour underprint, Amir Shaikh
Abdullah at right, value at each corner, reverse green,
dhow at centre (Pick 10s), uncirculated and scarce
£150-200
x816
Central Bank of Kuwait, colour trial 5 dinars,
L.1968, zero serial numbers, purple on multicolour
underprint, Amir Shaikh Abdullah at right, value at
each corner, reverse purple, view of Kuwait (Pick 9ct),
cancellation holes, overprinted SPECIMEN, mounting
traces at left on both sides of note, otherwise about
uncirculated, rare
£800-1,000
x819
Central Bank of Kuwait, specimen 1 dinar, 1993,
serial number AA 000000, lilac and pale red and
orange, map at centre, value at left and right, arms top
right, reverse multicoloured, allegorical scenes (Pick
CS1s), polymer note, uncirculated and rare as a
specimen
£300-400
181

WORLD BANKNOTES
LATVIA
820
Latvia Republican Government, 1 rublis (3), 1919,
one purple on pink and tan underprint, two dark green
on green underprint, also 5 rublis, ND (1919), dark
blue on pale grey underprint (Pick 1, 2a, 2b, 3f, 3g),
first scarce, very fine, others very fine or better (5)
£80-120
821
Latvia Republican Government, 10 rubli (3), 1919,
red-brown on green and orange underprint, sailing
ship at centre, ornate oval border (Pick 4b, 4f), last
about uncirculated, others very fine (3)
£80-120
823
Latvia Republican Government, 25 rubli (2), 1919,
serial numbers 419745G and H201031, brown on
light brown and tan underprint, value at centre and
top left and right (Pick 5g, 5h), both fresh and
attractive, extremely fine (2)
£120-160
824
Latvia Republican Government, 25 rubli (2), 1919,
serial numbers 404787G and M271267, brown on
light brown and tan underprint, value at centre and
top left and right (Pick 5g, 5h), both fresh and
attractive, about uncirculated (2)
£140-180
822
Latvia Republican Government, specimen 10 rubli,
1919, serial number L000000, red-brown on green
and orange underprint, sailing ship at centre, ornate
oval border (Pick 4s), perforated PARAUGS, about
uncirculated, scarce
£220-260
825
Latvia Republican Government, 50 rubli, 1919,
serial number 019046A, dark green on grey, 100
rubli, 1919, serial number 352029, dark brown and
light brown, and 1 rubli (2), 1919, green (Pick 6, 7e,
2a, 2b), first very fine, second extremely fine, others
about uncirculated (4)
£250-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
831
Bank of Latvia, 25 latu, 1928, serial number
B344783, black on pale green and yellow, K.
Valdemars at top centre, ships at low left and right,
value at low centre and each corner, reverse green,
arms and values (Pick 18a), very fine
£100-150
826
Latvian Republican Government, 500 rubli, 1920,
serial number 286436H, dark blue on green
underprint, value at left and right and each corner
(Pick 8b), pressed with some corner damage, very fine
and scarce
£200-250
827
Latvian Small Change issues, 5 kapeikas (2), orange,
10 kapeikas (2), blue, 25 kapeikas (2), orange/yellow,
and 50 kapeikas (2), purple/blue, also Latvian Bank
(Currency Reform), 100 latu, 1923, blue, and 10 latu,
1925, red (Pick 9-12, 14b, 24a), small change notes
extremely fine to uncirculated, others good fine (10)
£250-300
828
Bank of Latvia, 100 latu (2), 1923, serial numbers
A149606 and A156855, dark blue on blue and green
underprint, value at left and right and in border,
reverse allegories of trade and farming (Pick 14b), good
fine to about extremely fine (2)
£80-120
832
Bank of Latvia, 25 latu, 1928, serial number
B240534, black on pale green and yellow, K.
Valdemars at top centre, ships at low left and right,
value at low centre and each corner, reverse green,
arms and values (Pick 18a), very fine
£120-160
829
Bank of Latvia, 20 latu, 1925, serial number 398888,
black on pale green and yellow, President J. Cakste at
top centre, value at low centre and each corner, reverse
green, arms and values (Pick 17), very fine, scarce
£120-160
833
Bank of Latvia, 500 latu, 1929, serial number
A069748, dark blue on multicolour underprint, girl in
national costume at right, arms at low right, value at
each corner, reverse green, cows and wheat sheafs at
centre, value at left (Pick 19a), about very fine, scarce
and attractive
£150-200
830
Bank of Latvia, 20 latu, 1925, serial number 410641,
black on pale green and yellow, President J. Cakste at
top centre, value at low centre and each corner, reverse
green, arms and values (Pick 17), good very fine, scarce
£150-200
183

WORLD BANKNOTES
†834
Bank of Latvia, an obverse and reverse die proof for a 25 latu, 1938, green
and white, Lacplesis at right, reverse green and white, raft and arms, also
another pair in purple-brown and white (Pick 21 for type), typed date 1938
in top margin, extremely fine and very rare (4)
£400-600
†835
Bank of Latvia, specimen 50 latu, 1934, zero serial
numbers, blue and multicoloured, K. Ulmanis at right,
reverse blue, arms top centre (Pick 20s2), red De la
Rue seal, perforated, uncirculated and scarce
£200-300
836
Bank of Latvia, 50 latu, 1934, serial number 897868,
blue, Ulmanis at right, 25 latu, 1938, serial number
B902180, green, Lacplesis, and 100 latu, 1939, serial
number A811399, red, farm couple with daughter at
centre (Pick 20, 21, 22), first good very fine, others good
extremely fine (3)
£120-160
837
Latvian State Treasury, 10 latu (2), 1933 and 1934,
serial numbers F176494 and L053306, dark green on
multicolour underprint, value at right centre and in
borders, reverse arms at right, woman in national dress
with corn sheaf at centre (Pick 25a, 25c), good very fine
to about extremely fine (2)
£180-220
838
Latvian State Treasury, 10 latu (2), 1933 and 1934,
serial numbers G005090 and T032444, dark green on
multicolour underprint, value at right centre and in
borders, reverse arms at right, woman in national dress
with corn sheaf at centre, also 50 latu, 1934, serial
number 921804, blue and multicolour, Ulmanis at
right (Pick 25a, 25d, 20), extremely fine, very fine and
about extremely fine respectively (3)
£220-260
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
842
Latvian State Treasury, 10 latu, 1940, serial number
DE192491, black on multicolour underprint,
fishermen at low centre, and 20 latu, 1935, serial
number A043161, brown on multicolour, Riga Castle
at centre (Pick 29c, 30a), very fine (2)
£120-160
839
Latvian State Treasury, specimen 10 latu, 1933, zero
serial numbers, also an issued note of the same type,
1934, serial number AH071705, dark green on
multicolour underprint, value at right centre and in
borders, reverse arms at right, woman in national dress
with corn sheaf at centre, also 25 latu, 1938, serial
number B779596, green (Pick 25as, 25f, 21), first
perforated PARAUGS, about uncirculated, second very
fine, last extremely fine (3)
£250-300
840
Latvian State Treasury, 10 latu (4), dates 1937,
1938, 1939 and 1940, black on multicolour
underprint, fishermen at low centre, reverse arms and
farmer sowing seed (Pick 29a, b, c, d), first two about
uncirculated, last two extremely fine (4)
£120-160
843
Latvian State Treasury, 20 latu (2), 1935 and 1936,
serial numbers A121904 and R159258, brown on
multicolour underprint, Riga Castle at centre, value at
right, reverse arms at centre, farmer and his wife at left
and right (Pick 30a, 30b), fresh and original good
extremely fine to about uncirculated (2)
£320-360
844
Latvian Government Exchange note, 5 lati (3),
1940, prefix letters A, B and C, dark blue on
multicolour underprint, bridge over the River Guaja at
centre, value at left, reverse brown, green and orange,
arms at centre, value at left and right (Pick 34a),
presentable very fine (3)
£180-220
841
Latvian State Treasury, 20 latu (2), 1935 and 1936,
serial numbers C194072 and S061431, brown on
multicolour underprint, Riga Castle at centre, value at
right, reverse arms at centre, farmer and wife at left and
right (Pick 30a, 30b), first very fine, second almost
extremely fine (2)
£180-220
845
Latvian Government Exchange note, 5 lati (3),
1940, prefix letters A, C and D, dark blue on
multicolour underprint, bridge over the River Guaja at
centre, value at left, reverse brown, green and orange,
arms at centre, value at left and right, also 1 rublis (2),
1992, serial numbers KB049999-050000 (2), (Pick
34a, 34b, 35), first two very fine, third fresh and
original extremely fine, last two uncirculated (5)
£300-350
185

WORLD BANKNOTES
LEBANON
A Superb Specimen 25 Livres of 1925
846
Banque de Syrie et du Liban, specimen 25 livres, 15 April 1925, serial number 0.0-000,
multicoloured, ornate background detail, and Laferriere signature, reverse blue and
multicoloured, houses on a hillside at centre, ornate floral design at left and right, GRAND-
LIBAN in red top centre (Pick 6s), almost uncirculated, attractive and very rare, a lovely
example
£10,000-12,000
†847
Banque de Syrie et du Liban, specimen 1 livre, 1 September 1939, serial number J/EA
000001-J/ER 050000, green and multicoloured, the pillars at Baalbek at left, black LIBAN
top centre, reverse red and green, red chevron on obverse and reverse (Pick 26d), ink
annotation in top margin, perforated, good extremely fine and rare
£250-350
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Banque de Syrie et du Grand-Liban
848
Banque de Syrie et du Grand-Liban, specimen 100
livres, 1 January 1935, serial number 170001-200000,
purple and multicoloured, LIBAN in text top centre,
bank building top centre, value at centre and at each
corner, signatures of Berard and Laferriere, reverse
purple-brown, orange and green, town and
mountains, value at lower centre left and right (Pick
12F, Ayoub page 62/63 similar), type without
overprint, ink date 23.9.39 in top margin, perforated,
paper thinned from mounting at left margin otherwise
extremely fine and a lovely note, rare
£2,000-3,000
Republique Libanaise
849
Republique Libanaises, die proof on large format watermarked paper for a 50 piastres, Beyrouth, 31 August 1942, purple
and white and pale orange-brown, galley with sails at centre, value at left and right, reverse grey and white, ornate detail in
field, value low left and right (Pick unrecorded, Ayoub page 107 for stylistically similar lower denominations) uncirculated
and extremely rare, attractive
£2,500-3,000
187

WORLD BANKNOTES
Banque de Syrie et du Liban
850
Banque de Syrie et du Liban, specimen 10 livres,
1945, zero serial numbers, red and multicoloured,
chandelier at centre, Berard and Laferriere signatures,
reverse red, courtyard (Pick 50s), black SPECIMEN
handstamp, extremely fine, rare
£800-1,000
x853
Banque de Syrie et du Liban, 1 livre, 1939, serial
number O.156 657, blue and multicolour, eagles at
centre, value at each corner, reverse view of Cyprus
(Pick 15), about uncirculated and scarce in this grade
£2,000-2,500
851
Banque de Syrie et du Liban, 10 livres, 1945, serial
number Z 200-735, red and multicoloured, chandelier
at centre, Berard and Laferriere signatures, reverse red,
courtyard (Pick 50a), a pleasing very fine, rare
£800-1,000
x854
Banque de Syrie et du Liban, 1 livre, 1 September
1939, serial number B.146 854, blue, yellow and
multicolour, eagles at centre, flowers in border, reverse
multicolour, view of Cyprus (Pick 15), presentable
about very fine, scarce
£350-450
852
Banque de Syrie et du Liban, specimen 25 livres,
1950, zero serial numbers, pale blue and
multicoloured, ruins at centre, Berard and Laferriere
signatures, reverse lilac and multicoloured, lion’s mask
and border of flowers (Pick 52s), perforated
SPECIMEN, extremely fine, rare
£1,200-1,600
855
Banque de Syrie et du Liban, 50 livres, 1950, serial
number O.105-186, multicoloured, houses and
hillside at centre, Berard and Laferriere signatures,
reverse pale blue and multicoloured, temple at centre,
olives at left, grapes at right (Pick 52a), mounting
traces, repairs at top margin otherwise good fine, rare
£700-900
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
The ‘Carpet’ Note
856
Banque de Syrie et du Liban, 100 livres, 1945, zero serial numbers, red and
multicoloured, ornate mosaic detail at centre Berard and Laferriere signatures,
reverse pale blue-green and red, cedar tree at right (Pick 53s), black handstamp
‘BILLET SPECIMEN NON REMBOURSABLE’, perforated SPECIMEN, good
very fine and a rare note and an iconic design, mounting traces, repairs at top
margin otherwise good fine, rare
£4,000-5,000
857
Banque de Syrie et du Liban, specimen 5 livres,
1952, serial number D15 00000, dark blue on
multicolour underprint, palace courtyard at centre left,
reverse snowy mountains with trees (Pick 56s),
perforated SPECIMEN,
£800-1,000
858
Banque de Syrie et du Liban, specimen 10 livres,
1961, black zero serial numbers, green on multicolour
underprint, Temple of Bacchus at centre, value at each
corner, reverse green, shoreline and city (Pick 57s),
cancellation holes, red De la Rue ovals, overprinted
SPECIMEN, mounting traces on reverse, thus about
uncirculated
£800-1,000
189

WORLD BANKNOTES
x859
Banque de Syrie et du Liban, specimen 10 livres
libanaises, 1956, serial number X20 00000, green on
multicolour underprint, ruins of the Temple of
Bacchus at centre, value at each corner, reverse
shoreline, city and tower (Pick 57s), perforated
SPECIMEN, about uncirculated
£200-250
862
Banque de Syrie et du Liban, specimen 100 livres,
1958, serial number D16 000000, blue and pale
green, the harbour of Beirut at centre, reverse blue,
cedar tree at centre (Pick 60s, Ayoub p.143), red De la
Rue oval seal, faint mounting traces, good extremely
fine to uncirculated and scarce
£250-350
†860
Banque de Syrie et du Liban, specimen 25 livres,
blue, green and orange, specimen 50 livres, brown and
pink and specimen 100 livres, blue, all 1 January 1952,
zero serial numbers (Pick 58s, 59s, 60s), perforated,
mounting traces, good extremely fine and rare (3)
£400-500
863
Banque de Syrie et du Liban, specimen 1 livre, 1957,
brown, 5 livres, 1955, blue, 10 livres, 1952, green, 25
livres, 1952, blue, 50 livres, 1952, purple-brown and
100 livres, 1952, (Pick 55bs, 56bs, 57s, 58s, 59s, 60s,
Ayoub p.138ff), red/black De la Rue seal, faint
mounting traces, good extremely fine to uncirculated,
rare (6)
£1,400-1,800
Banque du Liban
861
Banque de Syrie et du Liban, specimen 50 livres,
1952, serial number B16 48079, brown and
multicolour underprint, coastal landscape at left,
reverse rock formations in water (Pick 59s), perforated
SPECIMEN, serial number crossed out by hand with red
ink, about uncirculated
£800-1,000
x864
Banque du Liban, specimen 1 livre, 1971, zero serial
numbers, brown on tan and light blue undeprint,
Columns of Baalbek at centre, reverse brown, Jeita
Cavern at centre right (Pick 61bs), overprinted
SPECIMEN, corner fold at top right, extremely fine
£100-150
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Banque Centrale du Liban
†865
Banque Centrale du Liban, an
obverse and reverse composite
essay for a 10 livres, ND (ca 1950),
serial number A00 00000, dark
green and multicoloured, the ruins
at Anjar (?) at centre, cedar tree at
right, reverse dark green and
multicoloured, carving of a ship at
centre, flower at left (Pick
unrecorded, Ayoub unrecorded),
unique. There is no record of this
bank in Pick or Ayoub. Most
unusual and very interesting from a
research point of view
£1,000-1,500
†866
Banque Centrale du Liban, an
obverse and reverse composite
essay for a 10 livres, ND (ca 1950),
serial number C29 0000, dark
green and multicoloured, the ruins
at Anjar (?) at centre, cedar tree at
right, reverse dark green and
multicoloured, carving of a ship at
centre, flower at left (Pick
unrecorded, Ayoub unrecorded), a
cruder version of previous lot and
probably an early stage for the
design, unique (2)
£800-1,200
191

WORLD BANKNOTES
Banque du Liban
†867
Banque du Liban, specimen 25 livres (3), 1964, 1974,
1978, brown, the Crusader Castle at Saida at centre (Pick
64as, 64bs), cancellation holes, red SPECIMEN overprint,
uncirculated (3)
£300-500
†868
Banque du Liban, specimen 50 livres (3), 1974,
1985, ND, grey and multicoloured, the temple of
Bacchus at Baalbeck at centre (Pick 65bs, 65cs),
cancellation holes, red SPECIMEN overprint, mounting
traces, otherwise uncirculated (3)
£200-300
†870
Banque du Liban, specimen 100 livres (3), 1974,
1977, 1978, blue and multicolour, the courtyard at
the palace at Beit-ed-Din (Pick 66bs), red SPECIMEN
overprint, good extremely fine, rare (3)
£300-400
†869
Banque du Liban, specimen 100 livres (3), 1964,
1968, 1972, blue and multicolour, the courtyard at
the palace at Beit-ed-Din (Pick 66as, 66bs),
cancellation holes, red SPECIMEN overprint, mounting
traces, otherwise uncirculated (3)
£300-400
†871
Banque du Liban, specimen 250 livres (3), 1978,
1983, 1985, dark green and multicolour, the Ruins of
Tyras at centre, reverse green, the Grande Temple at
centre (Pick 67as, 67bs, 67cs), red SPECIMEN
overprint, mounting traces, good extremely fine and
rare (3)
£250-350
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†872
Banque du Liban, an obverse and
reverse composite essay on thin card
for a 25 livres, 1977, serial number
123456, brown and multicoloured,
dancers at left, tree at right, reverse
multicoloured, mosaic head at
centre (Pick unrecorded, Ayoub
unrecorded), unique, charming (2)
£400-600
†873
Banque du Liban, an obverse and
reverse composite essay on board for a
50 livres, 1964, serial number
987654321, violet and multicoloured,
classical statue at left, seal at top right,
reverse violet, castle at centre (Pick
unrecorded, Ayoub unrecorded),
unique and attractive (2)
£400-600
193

WORLD BANKNOTES
LIBYA
United Kingdom of Libya
876
United Kingdom of Libya, 5 piastres, red, also 10
piastres, green, both 1951, ruins at left, arms at right
(Pick 5, 6), uncirculated and extremely fine (2)
£80-120
874
Banque de Syrie et du Liban, specimen treasury bill,
Liban, ND (c.1930’s-40’s), uniface, dark red on
multicolour underprint, bank title at top centre, space
in underprint for handwritten value at centre
(unlisted), cancellation holes over serial and signature
locations, red SPECIMEN overprint, annotated in pen
in top margin, overall extremely fine
£800-1,200
LIBERIA
877
United Kingdom of Libya, specimen 5 piastres, law
of 1951, prefix L/2, red and pale green, ruins,
specimen 10 piastres, law of 1951, prefix K./2, green
and pale pink, ruins and a specimen 1 ⁄4 pound, law of
1951, prefix G/1, blue, plale green and pale orange,
ruins, all arms at right (Pick 5s, 6s, 7s), red/black De la
Rue seal, faint mounting traces, good extremely fine to
uncirculated and rare (3)
£300-350
†875
National Bank of Liberia, a presentation book
containing an obverse and a reverse composite essay
for a $20, 26 July 1989, serial number AA 00000000,
black and lilac, allegorical family at right, arms at
centre, reverse lilac and purple, rubber tree harvesting
at centre, arms at left (Pick unrecorded), unique and a
handsome presentation
£200-300
†878
United Kingdom of Libya, specimen 5 pounds, law
of 1951, serial number B/2 000000, green and pale
pink, arms at left, value at right, reverse green, pale
pink, value at centre and at each corner (Pick 5s), ink
date ‘54’ and ‘55’ in top margin, perforated
SPECIMEN and with Arabic text excised at centre,
hard to find with full signatures and serial numbers,
good extremely fine and very rare
£1,200-1,600
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†879
United Kingdom of Libya, colour trial 10 pounds, ND (1951), serial number
A/2 000000, red and multicoloured, arms at left, value at right, corn ear and
bush low centre, reverse red and pale lilac and green, value at centre and at each
corner (Pick 11ct), perforated, uncirculated and rare, a handsome note
£800-1,200
Kingdom of Libya
†880
Kingdom of Libya, Treasury issue, specimen 5
piastres, green and pale orange, also specimen 10
piastres, red, both 1952, palm tree at right, King Idris
at left (Pick 12s, 13s), oval De la Rue SPECIMEN
handstamp, good extremely fine and rare (2)
£600-1,000
†882
Kingdom of Libya, colour trial 5 pounds, 1 January
1952, serial number B/1 000000, dark grey-green
and multicoloured, King Idris at left, bush low centre,
palm tree at right, value and at each corner, reverse
dark grey and multicoloured, value at centre and at
each corner (Pick 17s), perforated, red SPECIMEN
overprint, uncirculated and very rare
£1,000-1,500
†881
Kingdom of Libya, colour trial 1 Libyan pound, 1
January 1952, serial number C/1 000000, red and
multicoloured, King Idris at left, reverse red, value and
bank title (Pick 16ct), perforated, uncirculated and
rare
£800-1,200
195
x883
Kingdom of Libya, £5, 1 January 1952, serial
number B/1 370001, green on multicolour
underprint, King Idris at left, value at each corner
(Pick 17), graffiti in watermark at right, original
about very fine and rare
£1,800-2,500

WORLD BANKNOTES
Kingdom of Libya £10 of 1952
x884
Kingdom of Libya, £10, 1 January 1952, serial
number A/1 054200, brown on multicolour
underprint, King Idris at left, value at each corner
(Pick 18), original and attractive, good fine and very
rare, a lovely note
£4,000-5,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
National Bank of Libya
†885
National Bank of Libya, colour trial 1 ⁄2 Libyan pound, 26
April 1955, serial number D/1 000000, olive and
multicoloured, arms at left, reverse olive, value and bank
title, also colour trial 1 pound, serial number C/10 000000,
brown and multicoloured, arms at left (Pick 19ct, 20ct),
perforated, uncirculated and rare (2)
£800-1,000
x886
National Bank of Libya, £ 1 ⁄2, L.1955 (1959), black
serial number, purple on multicolour underprint, arms
at left, value at right and each corner (Pick 19a), an
original and attractive good very fine, scarce
£1,800-2,500
x888
National Bank of Libya, £1, L.1955 (1959), black
serial number, dark blue on multicolour underprint,
arms at left, value at right and each corner (Pick 20),
lightly pressed but still fresh and attractive extremely
fine, scarce
£1,500-2,500
x887
National Bank of Libya, £ 1 ⁄2, L.1955 (1959), red
serial number, purple on multicolour underprint, arms
at left, value at right and each corner (Pick 19b), about
extremely fine, red serial number scarce
£1,500-2,500
197
x889
National Bank of Libya, £5, L.1955, serial number
B/4 658138, green on multicolour underprint, arms
at left, value at right and each corner (Pick 21),
original good extremely fine to about uncirculated, rare,
especially in this grade
£2,000-3,000

WORLD BANKNOTES
x890
National Bank of Libya, £5 (2), L.1955 (1959), black serial numbers, prefix
B/3, green on multicolour underprint, arms at left, value at right and each corner
(Pick 21), normal note fresh and attractive good very fine, error note pressed and
cleaned, good fine, very scarce
£2,200-2,800
†891
National Bank of Libya, colour trial 10 pounds, ND
(1958), serial number A/3 000000, red and
multicoloured, arms at left, value at right, corn ear and
bush low centre, reverse red and pale lilac and green,
value at centre and at each corner (Pick 22ct),
perforated, uncirculated and rare, a handsome note
£1,400-1,800
†892
National Bank of Libya, specimen 10 pounds, ND
(1966), serial number 4 A/4 150000, purple-brown
and multicoloured, arms at left, value at right, reverse
purple-brown and pale orange-pink (Pick 22s), ink
date ‘14.9.61’ in top margin, perforated
CANCELLED, good extremely fine and rare
£400-600
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x893
Bank of Libya, £ 1 ⁄2, L.1963, first issue, purple on
multicolour underprint, arms at left, value at right and
each corner (Pick 24), good extremely fine
£200-300
x894
Bank of Libya, 1 ⁄4, 1 ⁄2 and 1 pound, L.1963/AH1382,
red, purple and blue respectively on multicolour
underprint, arms at left, value at right and each corner
(Pick 23, 24, 25), some dirt but overall original and
quite presentable, the 1 pound slightly better, very fine
(3)
£150-200
†897
Bank of Libya, specimen 5 pounds, ND (1966), serial
number 4 B/7 800001, green and lilac, arms at left,
value at right, reverse green and pale orange (Pick
26s), ink date ‘3.12.66’ in top margin, perforated
CANCELLED, good extremely fine and rare
£400-600
x898
Bank of Libya, £5, L.1963, first issue, green on
multicolour underprint, arms at left, value at right and
each corner (Pick 26), fresh and original extremely fine
£500-600
x895
Bank of Libya, £1, L.1963, first issue, dark blue on
multicolour underprint, arms at left, value at right and
each corner (Pick 25), uncirculated
£300-400
†896
Bank of Libya, colour trial 5 Libyan pounds, 5
February 1963, serial number 4 B/5 000000, brown
and multicoloured, arms at left, value at right, reverse
brown, bank title and value (Pick 26ct), perforated, red
SPECIMEN overprint, uncirculated and rare
£500-700
199
x899
Bank of Libya, colour trial 10 pounds, ND (1963),
serial number 4 A/4 000000, red on multicolour
underprint, arms at left, value at right and each corner,
trees and plants at low centre, left and right (Pick
27ct), cancellation holes, overprinted SPECIMEN,
extremely fine and rare
£500-700

WORLD BANKNOTES
†900
Bank of Libya, specimen 10 pounds, law of 1963, no
serial numbers, purple-brown and multicoloured, arms
at left, value at right, reverse purple-brown and
multicoloured, value at centre and at each corner (Pick
27s), ink date ‘20/8/63’ in top margin, perforated
SPECIMEN, good extremely fine and rare
£400-600
†903
Bank of Libya, colour trial 1
⁄4 pound, blue-gray,
colour trial 1 ⁄2 pound, red, colour trial 1 pound, green,
colour trial 5 pounds, blue, all law of 1963 (second
issue), all zero serial numbers, arms at left, value at
right (Pick 28ct, 29ct, 30ct, 31ct), perforated,
uncirculated and rare (4)
£1,600-2,200
†901
Bank of Libya, specimen 10 pounds, ND (1966),
serial number 4 A/9 500001, purple-brown and
multicoloured, arms at left, value at right, reverse
purple-brown and pale orange-pink (Pick 27s), ink
date ‘27.2.68’ in top margin, perforated
CANCELLED, small notch in top left margin otherwise
good extremely fine and rare
£400-500
†904
Bank of Libya, colour trial 10 pounds, law of 1963
(second issue), serial number 5A/14 000000, purple
and pale blue, arms at left, value at right reverse
purple, value and bank title (Pick 32ct), perforated, red
SPECIMEN overprint, uncirculated and rare
£1,400-1,800
902
Bank of Libya, 1 pound, law of 5 February 1963, first
issue, blue on multicolour underprint, 10 pounds, law
of 5 February 1963, first issue brown on multicolour
underprint, 5 pounds, law of 5 February 1963, second
issue, green on multicolour underprint, 5 dinars (4),
ND (1971), olive on multicolour underprint (Pick 25,
27, 31, 36b), first 3 very good, others fine to good very
fine (7)
£50-70
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
LITHUANIA
x905
Central Bank of Libya, full set of the ND (1971)
issue, comprising 1 ⁄4, 1 ⁄2, 1, 5 and 10 dinars, all with
inscription (Pick 33-37), about uncirculated or better,
last good extremely fine (5)
£200-300
908
Bank of Lithuania, 1, 5, 20 and 50 centu, 10
September 1922, blue, green, red-brown and purple
respectively (Pick 1-4), very fine to extremely fine,
scarce (4)
£200-250
x906
Central Bank of Libya, 5 dinars, ND (1971), olive
on multicolour underprint, arms at left, value at each
corner, without inscription below watermark (Pick
36a), about uncirculated
£150-200
x907
Central Bank of Libya, 5 dinars, ND (1971), olive
on multicolour underprint, arms at left, value at each
corner, without inscription below watermark (Pick
36a), about uncirculated
£150-200
909
Bank of Lithuania, 1 centas, 5 centu and 1 litas, 10
September 1922, dark blue, green and grey
respectively, value at left and right (Pick 1a, 2a, 5b),
about uncirculated, extremely fine and about very fine
(3)
£200-250
910
Bank of Lithuania, 1 litas and 5 litai, 10 September
1922, grey and brown respectively, value at left (Pick
5a, 6a), first very fine, second fine, scarce (2)
£320-360
201

WORLD BANKNOTES
A Lovely Presentation Book for The Issue of 1922
911
Lietuvos Bankas (Bank of Lithuania), a presentation book dated 1922 with title ‘LIETUVOS PINIGU
ISLEISTU 1922 M.LAPKRICIO 16 D PAVYZDZIAI’ and containing two notes of each type of the series of
1922 and mounted to display the obverse of one example with reverse of another note below and comprising 1
centas (2), blue and brown, 2 centu (2), lilac and green, 5 centai (2), blue and green, 10 centu (2), mauve and
brown, 20 centu (2), blue and pale brown, 50 centu (2), violet and pale blue. The following notes have serial
number 000013, 1 litas (2), brown and pale grey-green, arms at centre, 2 litu (2), green and blue, arms at centre,
5 litai (2), purple and pale blue, farmer sowing at centre with blue background, 5 litai (2), purple, farmer in red
background at centre, 10 litu (2), purple and pale green, man on raft at centre, 50 litu (2), green and lilac, Grand
Duke Gediminas at right, arms at left and 100 litu (2), blue, pale green and orange, Vytautas the Great at right
(Pick 7s3, 8s3, 9s3, 10s3, 11s3, 12s3, 13s3, 14s3, 16s3, 17s3, 18s3, 19s3, 20s3), the 500 printed at a later date
and thus not included in the album, a lovely presentation and extremely rare. All notes are mounted at corners on
blue card with a transparent divider and all notes have red overprint ‘Pavyzdys-bevertis’. Very unusual and desirable
(26 notes)
£8,500-9,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
912
Bank of Lithuania, 1, 2, 5, 10, 20 and 50 centu, and
1 and 2 litais, 16 November 1922 (Pick 7-14), very
good to very fine, scarce (8)
£200-250
913
Bank of Lithuania, 1, 10 and 50 centu, and 1 litas,
1922, (Pick 7, 10, 12, 13), first two extremely fine,
others very fine, scarce (4)
£150-200
916
Bank of Lithuania, 5 litai, 16 November 1922, serial
number 372333, dark blue, purple and multicolour,
farmer at centre, value at left and right, and 10 litai, 16
November 1922, serial number 379655, purple, blue
and brown on multicolour underprint, raftsman at
right (Pick 16, 18), first almost extremely fine, second
good very fine, very scarce (2)
£500-600
914
Bank of Lithuania, 1 litas, red-brown, and 5 litai,
dark blue and violet, 1922, serial numbers 835206 and
822046 (Pick 13, 16), first good very fine, second very
good (2)
£250-300
†917
Bank of Lithuania, colour trial 500 litu, Kaunas,
1924, violet and multicoloured, value at left and right,
reverse brown and yellow and green, arms top centre,
value at left and right (Pick 21ct), perforated, good
extremely fine and very rare
£400-600
915
Bank of Lithuania, 5 litai, 16 November 1922, serial
number 190366, dark blue, purple and multicolour,
farmer at centre, value at left and right, (Pick 16),
extremely fine, very scarce
£450-500
918
Bank of Lithuania, specimen 500 litu, 11 December
1924, serial number A023046, dark brown on
multicolour underprint, value at left and right, reverse
blue, arms at top centre, value at left and top right and
left (Pick 21a), perforated PAVYZDYS, a fresh and
original good very fine, scarce
£250-300
203

WORLD BANKNOTES
†919
Bank of Lithuania, an obverse and reverse uniface die
proof for a 10 litu, Kaunas, 1938, green and white,
President Smetona at left, arms top centre, reverse
green and white, the Council of Lithuania at centre,
value at each corner (Pick 28pr), typed date ‘15.9.38’ in
top margin, good extremely fine and a very rare type (2)
£500-700
921
Bank of Lithuania, 10 litu, 24 November 1927, serial
number B649665, green on multicolour underprint,
mounted knight at top centre, and 50 litu, 31 March
1928, serial number A961363, dark blue on
multicolour underprint, Dr Jonas Basanavicius at left
(Pick 23, 24), both good very fine (2)
£100-150
†920
Bank of Lithuania, an obverse and reverse uniface
proof for a 20 litu, ND (1930), serial number A
0000000, brown, yellow and green, Grand Duke
Vytautas at left, also an obverse and reverse uniface
proof for a 50 litu, Kaunas, 1928, blue and pink,
Doctor Basanavicius at left (Pick 27pr, 24pr), ink date
in top margin, good extremely fine and rare (4)
£300-400
922
Bank of Lithuania, 50 latu, 1928, 5 litai, 1929 and
20 litu, 1930, blue, brown and red-brown
respectively, first with Dr Jonas Basanavicius at left,
others with Grand Duke Vytautas the Great at left
(Pick 24, 26, 27), first about extremely fine, others very
fine (3)
£220-260
WWW.SPINK.COM
923
Bank of Lithuania, 5 litai, 1929 and 20 litu, 1930,
brown and green and red-brown respectively, Grand
Duke Vytautas the Great at left (Pick 26, 27), both
orignal good very fine (2)
£180-220
924
Bank of Lithuania, 100 litu, 1991, and 1, 10 and 20
litu, 1993/4 (Pick 50, 53, 56, 57), about uncirculated
or better (2)
£80-120

April 10, 11 & 12, 2013 - LONDON
925
L’Etat du Grand-Duche de Luxembourg, unissued
10 francs, L.1914-1918 (1919), no serial number,
blue on grey underprint, crowned arms at centre,
allegorical maidens at left and right (Pick 30r),
uncirculated
£70-100
LUXEMBOURG
926
L’Etat du Grand-Duche de Luxembourg, 25 francs,
L.1914-1918 (1919), serial number 288665, blue on
blue-green underprint, ornate border, value at top left
and right (Pick 31b), a presentable very fine, scarce
£180-220
928
Grand-Duche de Luxembourg, sheet of four
specimen 5 francs, ND (1944), all with red zero serial
numbers, olive green, Grand Duchess Charlotte at
centre, flanked by values, values also at each corner,
reverse red, arms at centre, value at left and right (Pick
43s), whole sheet numbered F11585, each note with
cancellation holes, overprinted SPECIMEN, about
uncirculated, rare
£300-400
927
L’Etat du Grand-Duche de Luxembourg, obverse
and reverse proof for a 500 francs, L.1914-1918
(1919), no serial numbers, pink and green, value at
each corner, reverse pink, value at each corner, arms in
underprint at centre (Pick 32 for type), perforated,
about uncirculated (2)
£150-200
929
Grand-Duche de Luxembourg, sheet of four
specimen 10 francs, ND (1944), all with red zero serial
numbers, purple, Grand Duchess Charlotte at centre,
flanked by values, values also at each corner, reverse
olive green, arms at centre, value at left and right (Pick
44s), whole sheet numbered F11586, each note with
cancellation holes, overprinted SPECIMEN, about
uncirculated, rare
£300-400
205

WORLD BANKNOTES
930
Grand-Duche de Luxembourg, sheet of four colour
trial 100 francs, ND (1944), all with red zero serial
numbers, dark green, Grand Duchess Charlotte at left,
arms at right, flanked by values, values also at each
corner, reverse green, seated woman with globe and
anvil (Pick 47ct), sheet folded at centre, whole sheet
numbered F9522, each note with cancellation holes,
overprinted SPECIMEN, about uncirculated, rare
£400-500
932
Grand-Duche de Luxembourg, 100 francs, ND
(1944), red serial number B 738001, blue and
multicoloured, Grand Duchess Charlotte at left, arms
right centre, reverse brown (Pick 47a), about
uncirculated
£150-250
931
Grand-Duche de Luxembourg, sheet of four
specimen 100 francs, ND (1944), all with red zero
serial numbers, blue, Grand Duchess Charlotte at left,
arms at right, flanked by values, values also at each
corner, reverse red-brown, seated woman with globe
and anvil (Pick 47s), sheet folded at centre, whole sheet
numbered F11587, each note with cancellation holes,
overprinted SPECIMEN, about uncirculated, rare
£400-500
933
Grand-Duche de Luxembourg, 1000 francs, ND
(c1961-63), serial number D396357, brown on
multicolour underprint, Grande Duchess Charlotte at
right, reverse arms at centre (Pick 52B), thought to exist
only as a specimen but this example issued, uncirculated
and rare
£1,400-1,800
END OF MORNING SESSION
WWW.SPINK.COM
934
Grand-Duche de Luxembourg, progressive proofs
for the obverse (5) and reverse (4) of a 100 francs,
1980, each sheet showing a different printing layer,
annotated with dates and colours, some layers with
security strip and/or watermark (Pick 57 for type), all
about uncirculated or better, very rare (9)
£350-450

April 10, 11 & 12, 2013 - LONDON
Afternoon Session
commencing at 2.00 p.m. (Lots 935-1537)
MACAO
A Very Rare Colour Trial 5 Patacas of 1924
935
Kwong Yuen Bank, 50 and 60 patacas,
1924, green and yellow, various red chops
in field (PS 108, the 60 unlisted in Pick),
various annotations, fine and scarce (2)
£250-300
936
Banco Nacional Ultramarino, Macao, uniface obverse and
reverse colour trial 5 patacas, 1 January 1924, purple and pale
yellow and pink, arms at centre, steamship at left, junk at right,
value in pale green low centre, reverse purple, head of Mercury
at centre (Pick 8ct, Lu M25ct), mounting traces, perforated,
good extremely fine and very rare, attractive
£4,000-6,000
207

WORLD BANKNOTES
937
Banco Nacional Ultramarino, Macao, 1 pataca, 16
November 1945, serial number 4359151, blue and
lilac, arms at left, building at right, also 10 avos, 1952,
green, arms low centre and a 10 patacas, 1963, blue,
Carneiro at right (Pick 28, 42r, 50a), uncirculated (3)
£150-200
†940
Banco Nacional Ultramarino, Macao, 25 patacas
(2), 20 November 1948, serial number 150001-
175000 and 175001-200000, red-brown and
multicoloured, De Camoes at right, arms at low
centre, reverse brown and lilac, maiden and ships (Pick
39s), fresh and original, ink annotation in top margin,
good extremely fine, the much rarer 1948 issue (2)
£1,200-1,600
†941
Banco Nacional Ultramarino, Macao, 25 patacas
(2), 20 November 1958, serial number B000001-
B050000, brown and multicoloured, Luis De Camoes
at right, arms at low centre, reverse brown and lilac,
maiden and ships together with another undated and
unnumbered example (Pick 46s, Lu M47s), ink date
in top margin, perforated SPECIMEN, good extremely
fine, rare (2)
£600-800
†938
Banco Nacional Ultramarino, Macao, specimen 20
avos (2), 19 January 1952, zero serial numbers, olive,
pale orange and violet, arms low centre, reverse ship
seal at centre (Pick 43s), perforated, uncirculated and
scarce (2)
£200-300
†942
Banco Nacional Ultramarino, Macao, colour trial
50 patacas, ND (1958), zero serial numbers, red and
green, De Camoes at right, arms low centre, reverse
red, ship seal at left, maiden and ships through the
ages at centre (Pick 47ct), uncirculated and rare
£600-800
†943
Banco Nacional Ultramarino, Macao, colour trial
50 patacas, ND (type of 1958), zero serial numbers,
red and pale green, Luis de Camoes at right, arms low
centre, reverse red and pale blue, youth and ships at
centre, ship seal at left (Pick 47ct, Lu M51ct),
perforated, uncirculated and rare, attractive
£600-800
†939
Banco Nacional Ultramarino, Macao, specimen 25
patacas, 20 April 1948, serial number 138001-
150000, brown and pale blue, De Camoes at right,
ship in pale blue low centre, reverse maiden and ships,
arms at left (Pick 39s), ink date ‘30.6.48’ in top
margin, perforated SPECIMEN, good extremely fine
and the rarer 1948 series
£600-800
†944
Banco Nacional Ultramarino, Macao, colour trial
10 patacas, ND (1963), zero serial numbers, green
and multicoloured, Carneiro at right, arms low centre,
also a specimen 10 patacas of the same date in blue
(Pick 50ct, 55s), red SPECIMEN overprint,
uncirculated and rare (2)
£350-450
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†945
Banco Nacional Ultramarino, Macao, specimen 10
patacas, 8 April 1963, zero serial numbers, blue and
multicoloured, also a colour trial 10 patacas, ND
(1963), green, zero serial numbers, both Carneiro at
right, arms low centre (Pick 50s, 50ct), uncirculated,
rare (2)
£300-400
†949
Banco Nacional Ultramarino, Macao, specimen 100
patacas (4), 12 May 1984, prefixes NA, NB, NC, ND,
blue and multicoloured, Carlos Pessanha at right, arms
low centre (Pick 61as), ink annotation, red
ESPECIME overprint, good extremely fine and rare (4)
£400-600
†946
Banco Nacional Ultramarino, Macao, colour trial
500 patacas, ND (1963), zero serial numbers, blue
and pale orange, Carneiro at right, arms low centre,
reverse blue, ship seal at left, maiden and ships through
the ages at centre (Pick 52ct), uncirculated and rare
£700-900
†950
Banco Nacional Ultramarino, Macao, specimen 100
patacas (4), 12 May 1984, prefixes NE, NF, NG, NH,
blue and multicoloured, Carlos Pessanha at right, arms
low centre (Pick 61as), ink annotation, red
ESPECIME overprint, good extremely fine and rare (4)
£400-600
†947
Banco Nacional Ultramarino, Macao, specimen 500
patacas, 24 April 1979, serial number 000000, green
and multicolour, Carneiro at right, arms at low centre,
reverse green and lilac, maiden and ships, ship seal at
left, also a colour trial 500 patacas, ND (1963), serial
number 000000, blue and multicoloured, Carneiro at
right (Pick 57As, 52ct, Lu M72s, 71ct), fresh and
original, good extremely fine, rare (2)
£800-1,200
†951
Banco Nacional Ultramarino, Macao, specimen 500
patacas, 8 August 1981, serial number NA 00000,
green and multicoloured, De Morais at right, arms low
centre (Pick 62as), ink annotation, red SPECIMEN
overprint, good extremely fine and rare
£400-600
†948
Banco Nacional Ultramarino, Macao, specimen 500
escudos, 24 April 1979, zero serial numbers, green
and multicoloured, Carneiro at right, arms low centre,
reverse green, maiden and ships, ship seal at left (Pick
57As), perforated, red SPECIMEN overprint,
uncirculated and rare
£500-600
209

WORLD BANKNOTES
MADAGASCAR
952
Banque de Madagascar, 100 francs, ND (1926),
serial number P.225 005, overprinted on 1893
Banque de France, blue on red-brown underprint,
women seated at left and right (Pick 34), pinholes, grey
brushmarks on reverse, otherwise a presentable fine,
scarce
£200-300
954
Banque de Madagascar, 100 francs (3), ND (1926),
serial numbers L.171 185, B.208 975 and M.229 184,
overprinted on 1893 Banque de France, blue on redbrown
underprint, women seated at left and right
(Pick 34), several pinholes and small tears, otherwise
about fine, scarce (3)
£550-650
955
Banque de Madagascar, 5 francs (2), 10 francs (3)
and 20 francs (2), all ND (1937-47), mluticoloured
(Pick 35, 36, 37), mixed grades, from very fine to about
uncirculated (7)
£150-200
953
Banque de Madagascar, 100 francs, ND (1926),
serial number M.201 970, overprinted on 1893
Banque de France, blue on red-brown underprint,
women seated at left and right (Pick 34), pinholes and
tiny tear at left, otherwise a presentable fine, scarce
£200-300
956
Banque de Madagascar, 50 francs, ND (c 1937-47),
serial number H.146 332, light green and
multicolour, Minerva at left, allegory of science at
right, value at top centre (Pick 38), central fold but a
very fresh and attractive good extremely fine
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
957
Banque de Madagascar, 50 francs (3), ND (1937-
47), prefixes B, G and R, light green, brown and
multicolour, Minerva at left, female allegory of science
at right, value at top centre (Pick 38), about very fine,
attractive (3)
£250-350
MALAWI
958
Banque de Madagascar, 100 francs (2), ND (1937),
serial numbers D.1032 109 and Q.1389 008,
multicoloured, man at left, woman and child at right,
reverse oxen, ploughs and farmers (Pick 40), original
and presentable good fine (2)
£80-120
†961
Reserve Bank of Malawi, colour trial 5/-, violet,
colour trial 10/-, green and colour trial £1, red, all law
of 1964, all Hastings Banda at left (Pick 1ct, 2ct, 3ct),
perforated, red SPECIMEN overprint, uncirculated
and rare (3)
£300-400
959
A small group of Madagascar, comprising Banque
de Madagascar et des Comoros, 100 francs (2), ND
(1950), and Institut d’Emission Malgache, 500 francs
= 100 ariary, ND (1961), 500 francs and 1000 francs
(3), ND (1966), multicolour (Pick 46, 53, 58, 59),
first two about very fine, third very good, others extremely
fine (7)
£300-400
960
Institut d’Emission Malgache, 5000 francs = 1000
aviary (5), ND (1966), multicolour, President
Tsiranana at left, rice pickers at right, value at top
corners, reverse woman with child and basket on her
head at right (Pick 60), mixed grades, generally about
fine (5)
£80-120
†962
Reserve Bank of Malawi, colour trial 50 tambala,
violet, colour trial 1 kwacha, red and colour trial 10
kwacha, violet, all law of 1964 (1971), all Hastings
Banda at left (Pick 5ct, 6ct, 8ct), perforated, red
SPECIMEN overprint, uncirculated and rare (3)
£300-400
963
Reserve Bank of Malawi, 1 kwacha (2), ND (1971),
serial numbers A471594-95, red-brown on
multicolour underprint, Dr Hastings Banda at left,
fishing boat at right, value at each corner (Pick 6a),
about uncirculated, becoming scarce in this grade (2)
£200-250
211

WORLD BANKNOTES
967
Reserve Bank of Malawi, 2 kwacha (2), ND (1971),
serial numbers A528593-94, green on multicolour
underprint, Dr Hastings Banda at left, fishing boat at
right centre, value at each corner (Pick 7a), very minor
foxing, otherwise about uncirculated and scarce as a
consecutive pair in this grade (2)
£250-300
964
Reserve Bank of Malawi, 1 and 2 kwacha, ND
(1971), serial numbers A471596 and A528598, redbrown
and green respectively, both Dr Hastings
Banda at left, fishing boat at right centre, value at each
corner (Pick 6, 7a), about uncirculated and becoming
scarce in this grade (2)
£250-350
†968
Reserve Bank of Malawi, an obverse and reverse
composite essay for a 50 tambala, blue and
multicoloured and for a 1 kwacha, purple and
multicoloured, both ND (ca 1973), both Doctor
Hastings Banda at right (Pick 9 for similar), unique (2)
£300-400
965
Reserve Bank of Malawi, 1 and 2 kwacha, ND
(1971), and 1 and 10 kwacha, ND (1973), Dr
Hastings Banda and fishing boat, value at each corner
(Pick 6a, 7a, 10a, 12a), first two with some foxing, good
extremely fine, others about uncirculated (4)
£450-550
966
Reserve Bank of Malawi, 2 kwacha (2), ND (1971),
serial numbers A528599 and B156591, green on
multicolour underprint, Dr Hastings Banda at left,
fishing boat at right centre, value at each corner (Pick
7a), about uncirculated, becoming scarce in this grade
(2)
£250-300
†969
Reserve Bank of Malawi, an obverse composite essay
on thin card for a 5 kwacha, ND (ca 1973), serial
number A 0000000, violet and a composite obverse
essay on thin card for a 10 kwacha, ND, serial number
A 0000000, pink-brown and multicoloured, both
Doctor Hastings Banda at right (Pick unrecorded),
unique (2)
£300-500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†970
Reserve Bank of Malawi, an obverse and reverse composite
essay for a 5 kwacha, ND (ca 1973), red and multicoloured,
Doctor Hastings Banda at top right, fishermen in canoe at
centre, reverse, pink and green, cotton picking (Pick
unrecorded), unique
£300-400
971
Reserve Bank of Malawi, 1 and 10 kwacha, ND
(1973), prefix A, red and blue respectively, Dr
Hastings Banda at right, value at each corner (Pick
10a, 12a), about uncirculated (2)
£250-300
†972
Reserve Bank of Malawi, an obverse and reverse
composite essay on card for a 5 kwacha, orange and a
10 kwacha, blue, both ND (ca 1976), both Doctor
Hastings Banda at right, reverse picking scenes not
adopted in the final versions (Pick 15 and 16 for
similar), unique (4)
£300-500
973
Reserve Bank of Malawi, 10 kwacha, ND (1973), serial
number A207424, blue and brown on multicolour
underprint, Dr Hastings Banda at right, fisherman and palm
at centre, value at each corner (Pick 23a), about uncirculated
£200-250
213

WORLD BANKNOTES
MALAYA AND BRITISH BORNEO
A Unique 10 Cents Essay
†974
Board of Commissioners of Currency, Malaya, an ‘approved’ composite
obverse essay for a 10 cents, 21 March 1944, red serial number A 000000, blue
and multicoloured, George VI in oval frame at left, value at right (Tan MUP20
for similar), manuscript ‘approved subject to modification’ and dated 14 April 1943
by the Board of Commissioners. Damage to left of essay. Unique and most unusual
£2,000-3,000
975
Board of Commissioners of Currency, Malaya, 10 cents,
15 August 1940, serial number B108932, blue on pink and
tan underprint, also 1 cent, 5, 10, 20 (2) and 50 cents, all 1
July 1941, all with George VI at left (Pick 1, 6, 7, 8, 9, 10),
generally extremely fine (7)
£120-180
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†976
Board of Commissioners of Currency, Malaya, an
reverse essay on board for a $1, ND (ca 1941), blue
and white, avenue of trees at left, dredger at right,
arms of the federated States in circle low centre (Tan
unrecorded), unique and attractive
£700-900
x979
Board of Commissioners of Currency, Malaya,
$10, 1 July 1941, serial number H/38 043524, red
and multicoloured, George VI at right, value at left,
reverse red and white, arms (Pick 13, Tan M13), in
PMG holder 58, choice about unc, EPQ, quite rare in
this grade
£300-500
x977
Board of Commissioners of Currency, Malaya, $1,
1 July 1941, prefix G/7, blue and multicoloured,
George VI at right (Pick 11, Tan M11), fresh,
uncirculated
£60-80
x980
Board of Commissioners of Currency, Malaya,
$10, 1 July 1941, serial number H/38 043525, red
and multicoloured, George VI at right, value at left,
reverse red and white, arms (Pick 13, Tan M13), faint
soft crease at centre, about uncirculated and quite rare
in this grade
£300-400
x978
Board of Commissioners of Currency, Malaya, $1,
1 July 1941, prefix M/91, blue and multicoloured,
George VI at right, value at left, reverse blue, arms,
also $5, 1 July 1941, green and mauve and pale
yellow, George VI at right, value at left (Pick 11, 12,
Tan M9, M11), uncirculated and extremely fine (2)
£200-300
x981
Board of Commissioners of Currency, Malaya,
$50, 1 January 1942, serial number A/9 51555, blue,
purple and multicolour, George VI at right, value at
centre and left, reverse arms and values (Pick 14), low
left tip missing, otherwise fine and rare
£100-150
215

WORLD BANKNOTES
George VI Colour Trial $100
†982
Board of Commissioners of Currency, Malaya, colour trial $100, ND (1942),
no serial numbers, dark red, dark blue and white, George VI at right, value at left,
reverse purple and white, arms and value at centre (Pick 15ct, Tan M15ct),
perforated, red BRADBURY seal low right, good extremely fine and extremely rare,
attractive
£7,000-9,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Two Superb and Unique Essays
983
Board of Commissioners of Currency, Malaya and British Borneo, a hand executed obverse and
reverse essay/prototype for a $10000, September 1958, serial number A/1 000000, brown, violet and
multicoloured, tiger low right, value at right centre and top left and low left and right, signature of
W.C.Taylor, reverse green and white, the arms of the Malay states in field, value top right (Pick
unrecorded, Tan unrecorded), the Taylor signature on the series of 1963 and the new designs issued in 1959
so the date of 1958 in line with a proposed new design. Unique and attractive (2)
£5,000-8,000
217

WORLD BANKNOTES
984
Board of Commissioners of Currency, Malaya and British Borneo, a hand
executed obverse essay/prototype for a $1000, ND (ca 1958), serial number A/1
000000, green, violet and multicoloured, water buffalo at left, value at centre and
at each corner, signature of W.C.Taylor (?) (Pick unrecorded, Tan unrecorded),
unique and attractive
£3,000-4,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x985
Board of Commissioners of Currency, Malaya and
British Borneo, $1 (6), 21 March 1953, various
prefixes, blue and multicoloured, Elizabeth II at right,
value at left (Pick 1a, Tan M18), one consecutive run of
four notes and a consecutive pair, Waterlow printings,
generally uncirculated (6)
£200-250
x986
Board of Commissioners of Currency, Malaya and
British Borneo, $1 (3), 21 March 1953, a
consecutive run A/36 325546/47/48, blue and
multicoloured, Elizabeth II at right, value at left (Pick
1a, Tan M18), Waterlow printings, generally
uncirculated (3)
£150-200
x987
Board of Commissioners of Currency, Malaya and
British Borneo, $1 (5), 21 March 1953, various
prefixes, blue and multicoloured, Elizabeth II at right,
value at left (Pick 1a, Tan M18), Waterlow printings,
generally uncirculated (5)
£150-200
†989
Board of Commissioners of Currency, Malaya and
British Borneo, $10, 21 March 1953, serial number
A/2 910043, red and pale yellow and green, Elizabeth
II at right, value at left, reverse red, arms (Pick 3a),
fresh and original, almost uncirculated and scarce in
this grade
£200-250
x990
Board of Commissioners of Currency, Malaya and
British Borneo, $100, 21 March 1953, serial number
A/1 376423, blue and brown on multicolour
underprint, Elizabeth II at right, value at low centre
and top corners, reverse purple, arms and value (Pick
5a), heavily pressed but presentable about fine, scarce
£150-200
x988
Board of Commissioners of Currency, Malaya and
British Borneo, $5, 21 March 1953, serial number
A/3 712436, green and multicoloured, Elizabeth II at
right, value at left, reverse green and white, arms (Pick
2a, Tan M19), in PMG holder 64, choice uncirculated,
EPQ. Quite rare in this grade
£250-300
219

MALAYSIA
WORLD BANKNOTES
991
Malaya Japanese Occupation, The Japanese
Government, specimen $1, ND (1942), block MO,
dark blue on pink underprint, value at centre and left
and right, breadfruit and coconut trees (Pick M5s
variation), cancellation holes, red overprint SPECIMEN
on reverse in italic script, two red overprints in Japanese
characters on obverse, about uncirculated and scarce
£120-160
993
Bank Negara Malaysia, 1 ringgit, ND (2000), blue,
T A Rahman at right, lot includes an example with
numbering error UT 4174036/4836 (Pick 39),
uncirculated, the error scarce
£80-120
992
Board of Commissioners of Curremcy, Malaya and
British Borneo, $1 (2), 1 March 1959, blue, sailing
boat at left, one Waterlow, one De la Rue, also Bank
Negarra, 1 ringgit (3), 5 ringgit (3), 10 ringgit, also 5
and 10 ringgit (Pick 8a, 8A, 1, 7, 2, 8a, 3a, 20, 21),
uncirculated (11)
£100-150
994
Bank Negara Malaysia, 50 ringgit (2), ND (2001),
both prefix ZD and a 100 ringgit, ND (2001), purple,
some background print omitted (Pick 43d, 44d),
uncirculated (3)
£150-200
995
Bank Negara Malaysia, 1000 ringgit, ND (1987),
prefix ZY, blue and multicoloured, T A Rahman at
right, Hussein signature (Pick 34), good very fine
£250-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
MALTA
An Extremely Rare Specimen £5 from The Anglo-Egyptian Banking Company
†996
The Anglo-Egyptian Banking Company, specimen £5, Malta, 1
October 1886, serial number 0001-4000, black and white, value in
brown panel at centre, Grand Master La Valette at left (Pick S103s),
perforated, uncirculated and extremely rare
£2,000-3,000
x997
Government of Malta, 1/- on 2/-, ND (1940),
green and light blue, George V at right, also 1/- and
2/-, ND (1942-43), blue and purple and brown and
green respectively (Pick 15, 16, 17a), first two
extremely fine, last very fine (3)
£100-120
x998
Government of Malta, 1/- overprinted on 2/-, ND
(1940), serial number A/1 76203, red overprint on
green and blue, note, George V at right, also £1, 1951
issue, serial number A/20 001211, red on green,
George VI at right (Pick 15, 22s), both PMG 58, choice
about uncirculated, first EPQ (2)
£250-300
221

WORLD BANKNOTES
x999
Government of Malta, £1 (2), ND (1940), prefixes
A/15 and A/18, brown-green and lilac, George VI at
right, value at left, Cuschieri signature low right (Pick
20b, c), in PMG holders 64 and 58 (2)
£80-120
x1000
Government of Malta, 10/-, ND (1954), prefix
A/5, green and pale lilac, Elizabeth II at right, George
Cross at left, Cuschieri signature (Pick 23a), about
uncirculated
£120-180
†1004
Central Bank of Malta, colour trial 10 shillings,
olive, colour trial £1, blue and colour trial £5, red, all
ND (1968/1969), all Elizabeth II at right, George
Cross at centre (Pick 28ct, 29ct, 30ct), perforation,
SPECIMEN overprint, good extremely fine and rare (3)
£700-900
1001
Government of Malta, 10/-, green, and £1, brownpurple,
ND (1963), Elizabeth II at right, George
Cross at left, Soler signature (Pick 25a, 26a), first
pressed, extremely fine, second about uncirculated (2)
£200-250
†1005
Central Bank of Malta, 10 shillings, ND (1968),
serial number A/1 002453, red and multicoloured,
Elizabeth II at right, George Cross at centre, Hogg
signature (Pick 28a), uncirculated, scarce
£100-120
MARTINIQUE
x1002
Government of Malta, £1, ND (1963), prefix A/3,
purple-brown, Elizabeth II at right, George Cross at
centre, Soler signature (Pick 26a), uncirculated
£100-150
x1003
Government of Malta, £5, L1949 (1961), serial
number A/431828, blue on multicolour underprint,
Elizabeth II at right, Shepherd signature, reverse blue,
Grand Harbor (Pick 27a), pressed, thus about extremely
fine, scarce
£400-600
1006
Caisse Centrale de la France d’Outre-Mer,
Martinique, 100 francs, 2 February 1944, serial
number PU 565418, grey-green on bright
multicolour underprint, Marianne at centre, value at
top corners, reverse symbols of commerce at centre
(Pick 25), some minor foxing, thus good extremely fine
£200-250
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
MAURITANIA
1007
Banque Centrale de Mauretanie, 200 ouguiya,
1973, brown and 1000 ouguiya, green, both 1973,
(Pick 2, 3), good very fine and uncirculated (2)
£200-250
1008
Banque Centrale de Mauretanie, 200 ouiguiya (5),
1974, serial numbers D 002-25919/20-
25922/23/24, 1974, brown and multicoloured (Pick
5a), uncirculated (5)
£200-250
†1010
Government of Mauritius, colour trial 5 rupees,
green and colour trial 10 rupees, blue, both ND (ca
1954), both Elizabeth II at right, mountain in
background (Pick 27ct, 28ct), perforated, red
SPECIMEN overprint, uncirculated and rare (2)
£500-700
MAURITIUS
x1009
Government of Mauritius, 25 cents, ND (1940),
serial number B391019, blue and lilac, George VI at
right, arms at left (Pick 24c), in PMG holder 64, choice
uncirculated. Scarce in this grade
£200-250
†1011
Government of Mauritius, colour trial 5 rupees,
green and colour trial 10 rupees, blue, colour trial 50
rupees, brown, all ND (1954), no serial numbers,
Elizabeth II at right (Pick 27ct, 28ct, 29ct),
perforated, uncirculated, attractive and rare (3)
£1,400-1,800
x1012
Government of Mauritius, 5 rupees, ND (1954),
serial number B 415951, blue and multicoloured,
Elizabeth II at right, reverse blue, arms at centre (Pick
27), uncirculated and fresh, scarce in this grade
£150-200
223

WORLD BANKNOTES
x1013
Government of Mauritius, 5 rupees, ND (1954),
serial number B415952, blue one multicolour
underprint, Elizabeth II at right, mountain scene at
left, reverse arms (Pick 27), about uncirculated
£100-150
1017
Bank of Mauritius, a set of the 1998 series
comprising 25, 50, 100, 200, 500, 1000 and 2000
rupees, all serial number BA 001045, together with
Bank of Mauritius literature referring to the notes
(Pick 42-48), a short lived issue, extremely fine and a
low number set (7)
£400-600
x1014
Government of Mauritius, 5 rupees, ND (1954),
serial number D 629056, blue and multicoloured,
Elizabeth II at right, reverse blue, arms at centre (Pick
27), uncirculated and fresh, scarce in this grade
£150-200
MOROCCO
x1015
Government of Mauritius, 5 rupees, ND (1954),
serial number G457661, blue on multicolour
underprint, Elizabeth II at right, mountain scene at
low left, reverse arms at centre (Pick 27), pressed, but
still a very attractive about extremely fine
£80-120
1018
Banque D’Etat du Maroc, specimen 500 francs, 29
May 1951, serial number A41 00000, brown, pale
green and pink, equestrian statue at right, bank
building in background, also a specimen 1000 francs,
29 May 1951, serial number A1 00000, green and
lilac, fort right centre (Pick 45As, 46As), black De la
Rue seal, faint mounting traces otherwise good extremely
fine to uncirculated (2)
£500-800
x1016
Government of Mauritius, 10 rupees, ND (1954),
serial number A 929414, ‘plum’ red and lilac,
Elizabeth II at right, view of Port Louis low centre,
reverse red, arms at centre (Pick 28), in PMG holder
50, about uncirculated. Above average for this scarce
type, attractive
£500-600
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
MEXICO
†1019
El Banco de Londres Mexico y Sud America, specimen 5 pesos, Mexico, 18-
(ca 1882), serial number 00001-40000, purple-brown and green, maiden (Liberty)
at left, eagle at right, value at centre and in border around, reverse pink, medallic
female head at left and right, value in field (Pick S unlisted, same series stylistically as
the 10 pesos of 1878 with Montezuma) perforated, uncirculated and extremely rare
£2,000-3,000
†1020
El Banco de Londres Mexico y Sud America,
specimen 20 pesos, Mexico, 1 September 1887, serial
number 00001-30000, series D, blue and black, eagle
top centre, Pablo Benito Juarez at left, dog at right,
value top left and right, reverse blue, palace at centre
in oval frame, value at left and right (Pick S227as),
perforated, uncirculated and extremely rare
£1,500-2,000
†1021
El Banco de Jalisco, Mexico, specimen 20 pesos,
Guadalajara, 18- (ca 1898), serial number 00001-
15000, black, pale blue and brown, Polyhymnia (the
muse of lyrical poetry) at left, cattle at right, value in
pale blue at centre, reverse brown and blue, medallic
female head at left and right (Pick S316s), perforated,
uncirculated and very rare, attractive
£1,200-1,600
1022
El Banco de Sonora, sheet of six 5 pesos, ND (1897-
1911), serial numbers 365141-46, black on brown
and yellow, Hortensia C. Velez at left, cherub at
centre, female allegory (strength) at right, value at
centre right and each corner (Pick S419), about
uncirculated
£70-100
225

WORLD BANKNOTES
MOZAMBIQUE
1023
Banco Nacional Ultramarino, 1000 reis, 1 March
1909, red serial numbers, black, green and orange, red
ship seal III at right (Pick 33), almost very fine, scarce
£100-150
1026
Banco Nacional Ultramarino, Mozambique,
specimen 50 escudos, 1950, red zero serial numbers,
black and multicoloured, Costa at right, reverse green,
also specimen 100 escudos, 1950, black zero serial
numbers, orange-red and green, Ornelas at right,
reverse orange (Pick 102s, 103s), De la Rue seal,
mounting traces, thus about uncirculated and rare (2)
£100-150
†1024
Banco Nacional Ultramarino, Mozambique,
specimen 50 mil rs., 1 March 1909, red serial 37001-
42000, black, pale orange, and blue-green, Vasco de
Gama at left, Vasco’s embarkation in 1497 at right,
red steamship seal at lower centre, red LOUREMCO
MARQUES top centre, counterfoil at left, reverse
multicoloured, maiden and ship at centre, value at left
and right (Pick 42s), date ‘15.11.17’ in top margin,
perforated CANCELLED, good extremely fine,
attractive and rare
£650-850
†1025
Banco Nacional Ultramarino, Mozambique,
specimen 5 libras ouro, 1 March 1909, red serial
number 12001-26000, black, pink and multicoloured,
value and arms in field, red steamship seal I in field low
centre, reverse green, value (Pick 46s), ink date
‘5.6.18’ in top margin, perforated CANCELLED, good
extremely fine and rare
£400-500
1027
Banco Nacional Ultramarino, Mozambique,
framed specimen set of the 1950-53 issue, comprising
50 escudos, black, E. Costa at right, 100 escudos,
orange, A. de Ornelas at right, 500 escudos, brownviolet,
C. Xavier at right and 1000 escudos, blue,
Albuquerque at right (Pick 102s-105s), wonderfully
presented in a large frame, appear to be good extremely
fine or better (4)
£400-600
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
NAMIBIA
NEPAL
1028
Namibia Reserve Bank, an obverse and reverse
composite essay on card for a 20 Kalahar, ND (1990),
zero serial numbers, purple and brown on multicolour
underprint, Lions head at left, flag at centre, value at
each corner, reverse shepherd and flock of sheep, value
at each corner, in a blue Bradbury Wilkinson
presentation album (Pick E1 for type), partially hand
executed, unique and very attractive
£2,500-3,500
†1030
Central Bank of Nepal, an obverse and reverse
composite essays for 5 rupee, ND (ca 1981), black and
multicoloured, King Birendra Bir Bikram at right,
Himalayas on reverse, together with another obverse
essay, red and multicoloured (Pick unrecorded),
unique (3)
£350-450
†1029
Bank of Namibia, an obverse and reverse composite
essay for a 50 unit, ND (ca 1990), red serial number
AA 123456, green and multicoloured, map at right,
arms low centre, reverse green and brown, Sable
antelope at centre (Pick unrecorded type), unique
£500-700
†1031
Central Bank of Nepal, an obverse and reverse
composite essay for a 10 rupees, ND (ca 1974),
multicoloured, King Birendra Bir Bikram wearing
plumed crown at right, temples at left, reverse green,
rice fields and houses, cow low left (Pick unrecorded
design), attractive and unique
£400-500
227

WORLD BANKNOTES
1035
Central Bank of Nepal, specimen 1 mohru, lilac and
green, specimen 5 mohru, violet and green and
specimen 10 mohru, black and pink, all ND (19600,
specimen 100 rupees, green and brown, ND (1961),
King Vikrama at left, the temple at Lalitpor at centre
(Pick 8s, 9s, 10s, 15s), red/black De la Rue seal, faint
mounting traces, good extremely fine, rare (4)
£150-250
THE NETHERLANDS
†1032
Central Bank of Nepal, an obverse and reverse
composite essay for a 20 rupees, ND (ca 1974),
multicoloured, King Birendra Bir Bikram wearing
plumed crown at right, flower at centre, village and
view of Mount Everest at left, reverse brown and pale
blue and white, the Himalayas (Pick unrecorded
design), attractive and unique
£400-600
†1036
Netherlands Muntbiljet, specimen 1 gulden, 1945,
serial number 1AA000000, brown and pale green, also
a die proof in black and white for the same issue, also
a specimen 2 1 ⁄2 gulden, 1945, serial number in red
1AA 000000, pink and blue, all Queen Wilhelmina at
centre (Pick 70, 71), De la Rue specimen seals, good
extremely fine and rare (3)
£150-200
†1033
Central Bank of Nepal, a group of four composite
reverse essays on card, 1969, all are multicoloured
with street scenes on the 100 rupees (2) and
Himalayas on a 5 and 500 rupees (2) unrecorded and
pretty (4)
£200-250
1037
Nederlands Muntbiljet, specimen 1 gulden, brown
and green and specimen 2 1 ⁄2 gulden, blue and pink,
both 18 May 1945, serial number 1AA 000000, both
Queen Wilhelmina at centre, also De Nederlandsche
Bank, specimen 10 gulden, 7 May 1945, red serial
number 5AM 000000, blue and multicoloured, King
William I at centre, reverse blue, windmill at centre
(Pick 70s, 71s, 75bs), black/red De la Rue oval low left,
faint mounting traces, good extremely fine and rare (3)
£250-350
1034
Goverment of Nepal, 10 mohru, ND (1951), dark
purple, King Tribhuvana at right, signature 3, 1
mohru, signature 3, Central Bank 1 mohru, 1 rupee
(3), 5 rupee and 10 rupees (2), all with King
Mahendra Vira Vikrama (Pick 6, 1b, 8), uncirculated
(9)
£80-120
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
NETHERLANDS INDIES
x1041
Nederlandsch-Indie Muntbiljet, 1 gulden, 10
November 1919, serial number CA018860, black,
Queen Wilhelmina at centre flanked by values, values
at each corner, reverse blue, arms at centre (Pick
100a), presentable enough, good fine
£80-100
1038
De Nederlandsche Bank, specimen 20 gulden, 7 May
1945, black serial number 1AA 000000, brown and
pale green, King William III at right, reverse green,
Moerdyke bridge (Pick 76s), red De la Rue oval low
left, faint mounting traces, good extremely fine and rare
£200-300
1039
Westerbork Concentration Camp, Holland, 10
cents, lilac, 25 cents, red, 50 cents, blue and brown,
and 100 cents, green and brown, 15 February 1944,
all factory top centre, Semmeker signature (Schwan-
Boling 1151a, 1152a, 1153a, 1154a), extremely fine,
very fine, extremely fine and very fine respectively, scarce
(4)
£120-180
x1042
De Javasche Bank, specimen 20 gulden, ND (1919-
21), no serial numbers, orange, Javasche Bank
Building at centre, flanked by values, values also at
each corner (Pick 66s2), cancellation holes, red
overprint SPECIMEN, uncirculated and scarce
£250-300
NETHERLANDS ANTILLES
x1040
Netherlands Antilles, 100 gulden, 1981, red-brown
and Aruba, 100 florin, 1986, green (Pick 19b, 5),
uncirculated (2)
£200-220
x1043
De Javasche Bank, specimen 30 gulden, 18 January
1921, no serial numbers, blue, Javasche Bank Building
at centre, flanked by values, values also at each corner
(Pick 67s), cancellation holes, red overprint
SPECIMEN, uncirculated and scarce
£120-160
229

WORLD BANKNOTES
x1044
De Javasche Bank, specimen 40 gulden, 21 January
1921, no serial numbers, olive green, Javasche Bank
Building at centre, flanked by values, values also at
each corner (Pick 68s), cancellation holes, red overprint
SPECIMEN, uncirculated and scarce
£400-600
1045
De Javasche Bank, specimen 50 cents, lilac and pale
green, specimen 1 gulden, blue and pale pink and a
specimen 2 1 ⁄2 gulden, red and pale lilac, all 1948,
prefixes A/1, B/1 and C/1 respectively (Pick 97s,
98s, 99s), black De la Rue oval low left, faint mounting
traces, good extremely fine to uncirculated and rare (3)
£100-150
NEW CALEDONIA
x1047
Banque de l’Indochine, Noumea, specimen 500
francs, ND (1927-38), no serial numbers brown, olive
and green, woman standing at left, ships at top,
agricultural allegories at low right, value at low centre,
reverse woman at right (Pick 38), perforated
SPECIMEN, attractive and uncirculated
£300-400
1048
Banque de l’Indochine, Noumea, specimen 500
francs, ND (1927-38), no serial numbers brown, olive
and green, woman standing at left, ships at top,
agricultural allegories at low right, value at low centre,
reverse woman at right (Pick 38s), perforated
SPECIMEN, low right corner tip missing, otherwise
about uncirculated
£150-250
1046
Banque de l’Indochine, Noumea, specimen 5 francs,
ND (c1926), serial number 0.00 000, brown on light
green underprint, helmeted female head at low left,
value at upper left and right, reverse text, value at low
right (Pick 36s), perforated SPECIMEN, about
uncirculated and scarce
£300-400
1049
Banque de l’Indochine, Noumea, specimen 100
francs, ND (1957), serial number O.000 000,
multicoloured, woman with wreath and small statue of
Athena at centre, value at low centre and low right,
reverse Angkor statue (Pick 42ds), perforated
SPECIMEN, about uncirculated to uncirculated, scarce
and attractive
£300-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1053
Banque de l’Indochine, Noumea, specimen 20
francs, ND (1954: 1958), serial number W.49 104,
multicoloured, youth at left, shepherd at centre left,
flute player at right, value at top right, reverse woman
at centre right, fruit at left (Pick 50bs), perforated
ANNULE, an issued note made into a specimen, about
uncirculated, scarce
£100-150
NEW HEBRIDES
1050
Banque de l’Indochine, Noumea, specimen 100
francs, ND (1957), serial number O.000 000,
multicoloured, woman holding wreath and small
figure of Athena at centre, reverse Angkor statue at
centre (Pick 42ds), perforated SPECIMEN, fresh and
crisp, uncirculated
£350-550
1051
Banque de l’Indochine, Noumea, specimen 20
francs (3), ND (1951), all serial number O.0 000,
multicoloured, youth at left, shepherd at centre left,
flute player at right, value at top right, reverse woman
at centre right, fruit at left (Pick 50as), perforated
SPECIMEN, about uncirculated or better (3)
£180-220
1054
Banque de l’Indochine, Nouvelles Hebrides,
specimen 20 francs (2), ND (1941-45), both serial
number O.000 000, multicoloured, youth at left,
shepherd at centre left, flute player at right, value at
top right, reverse woman at centre right, fruit at left
(Pick 8as), perforated SPECIMEN, about uncirculated
(2)
£150-200
NEW ZEALAND
1052
Banque de l’Indochine, Noumea, specimen 20
francs (2), ND (1954: 1958), all serial number O.00
000, multicoloured, youth at left, shepherd at centre
left, flute player at right, value at top right, reverse
woman at centre right, fruit at left (Pick 50bs),
perforated SPECIMEN, about uncirculated or better
(2)
£120-180
†1055
Bank of New Zealand, specimen £1, Wellington, 1
October 1928, red serial number E500000-
E1000000, purple and lilac, the Maori King Tawhiao
at centre, value at each corner, Reid signature, reverse
purple, arms at centre, Maoris at left, landscape at right
(Pick S234as), ink date ‘30.10.28’ in top margin,
perforated CANCELLED, good extremely fine,
attractive and rare
£600-800
231

WORLD BANKNOTES
†1056
Bank of New Zealand,
specimen £20, Wellington, 1
October 1927, serial number
005001-010000, green and
pink-brown, the Maori King
Tawhiao at centre in oval frame,
value at left and right, reverse
green, orange and mauve,
vignettes of Maoris, landscape
and arms (Pick S238s), ink date
‘4.5.28’ in top margin,
perforated CANCELLED, good
extremely fine and very rare
£2,500-3,000
†1057
The Colonial Bank of New
Zealand, specimen 20 pounds,
Dunedin, 1 May 18-
(ca 1880’s), serial number S/W
10001-S/W 13000, dark and
light brown, arms flanked by
allegorical maidens top centre,
value and arms low centre, value
at each corner, reverse green,
pink and brown, building at
centre, medallic female head at
left and right (Pick S269As),
perforated, uncirculated,
attractive and extremely rare
£2,000-2,500
1058
Reserve Bank of New Zealand, £5, 1 August 1934, serial
number 3K 485031, blue on multicolour underprint, Maori
Chief at right, kiwi bird at left, arms at centre, value at centre
and each corner (Pick 156), original about very fine
£350-450
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
A Unique $5 Essay of Ca. 1956
†1059
Reserve Bank of New Zealand, an
obverse and reverse composite essay for a
$5, ND (1956), serial number A10
567890, blue and multicoloured, Captain
Cook at right, map at left, arms top centre,
Fleming signature, reverse blue, lake and
bird (Pick unrecorded), very unusual with
Fleming signature, unique and lovely (2)
£3,000-4,000
A Unique Essay £10 of Ca. 1963
†1060
Reserve Bank of New Zealand, an
obverse and reverse composite essay for a
proposed issue of £10, ND (ca 1963),
zero serial numbers, green and lilac,
Captain Cook at right, arms low centre,
value at right centre and at each corner,
reverse building at centre left, value at
each corner (Pick unlisted type), reverse
has small hole in watermark area, unique
and very attractive (2)
£3,500-4,500
233

WORLD BANKNOTES
1061
Reserve Bank of New Zealand, specimen 10/-,
brown, specimen £1, purple, specimen £5, blue and
specimen £10, green, all ND (1955), all zero serial
numbers, all Captain Cook at right, arms at centre and
all Wilson signature, also a £5, ND (1956), blue,
Fleming signature (Pick 158bs, 159bs, 160bs, 161bs,
160cs), red/black De la Rue specimen oval seal, faint
mounting traces, good extremely fine to uncirculated
and rare (5)
£650-850
1063
Reserve Bank of New Zealand, specimen £50, ND
(ca 1955), Serial number 1U 000000, red and
multicoloured, arms and the Bounty at left, Captain
Cook at right, Wilson signature, reverse red, landscape
at centre, (Pick 162bs), black De la Rue oval specimen
seal, faint mounting traces, good extremely fine to
uncirculated and rare
£1,200-1,800
†1062
Reserve Bank of New Zealand, specimen £50, ND
(ca 1956), serial number R 000000, red and
multicoloured, arms and ship at left, Captain Cook at
right, Fleming signature, reverse red, landscape at
centre, (Pick 162cs), black SPECIMEN overprint,
perforated, uncirculated, rare
£1,000-1,200
x1064
Reserve Bank of New Zealand, $100 (2), ND
(1975-1977), red and multicoloured, Elizabeth II at
right, Knight signature (Pick 168b), uncirculated and
a rare consecutive pair (2)
£800-1,000
†1065
Reserve Bank of New Zealand, an obverse and
reverse partial die proof for a $1, brown and white, $2,
violet and white and $5, red-orange and white, all
Elizabeth II at right, all Hardie signature (Pick
169apr, 170apr, 171as), all typed date 1980 on notes,
printers annotations, extremely fine and rare (6)
£400-500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1066
Reserve Bank of New Zealand, $2 (8), two
consecutive runs, all are prefix EJC, violet and
multicoloured, Elizabeth II at right, Russell signature
and $5 (10), consecutive run with prefix JEJ, orange
and multicoloured, Elizabeth II at right, Russell
signature (Pick 169b, 171b), uncirculated (18)
£150-200
NICARAGUA
x1067
Reserve Bank of New Zealand, $1 (10), serial
numbers AHW 231817-231826, brown and
multicoloured, Elizabeth II at right, Russell signature,
also $2 (10), serial numbers EJX 537826-537541,
violet and multicoloured, Elizabeth II at right, Russell
signatures, all ND (1985-1989), (Pick 169b, 170b),
uncirculated (20)
£100-150
x1068
Reserve Bank of New Zealand, $5 (10), ND (1985-
1989)serial numbers JEN 739647-739656, orange
and multicoloured, Elizabeth II at right, Russell
signature, (Pick 171b), uncirculated (10)
£120-180
1071
Banco Nacional de Nicaragua, a specimen set of the
1953/1954 series comprising 1 cordoba, 1953, blue.
The following notes are all series of 1953, 5 cordoba,
green, 10 cordoba, red, 20 cordoba, orange-brown,
50 cordoba, blue, 100 cordoba, purple, 500 cordoba,
black, Dario at centre and a 1000 cordoba, brown,
Somoza at left (Pick 99as-106as), red/black De la Rue
seal, faint mounting traces, good extremely fine to
uncirculated, rare and attractive (8)
£1,200-1,600
x1069
Reserve Bank of New Zealand, $20, ND (1985-
1989), serial number TEK 195125, green and
multicoloured, and a $100, ND (1985-1989), serial
number YAB 369503, red and multicoloured, both
Elizabeth II at right and Russell signature (Pick 173b,
175b), uncirculated (2)
£200-250
1072
Banco Nacional de Nicaragua, specimen 1 cordoba,
blue, 5 cordobas, green, 10 cordobas, red, 20
cordobas, orange-brown, 50 cordobas, blue and 100
cordobas, purple, all series of 1958 (Pick 99bs, 100bs,
101bs, 102as, 103as, 104as), red/black De la Rue seal,
faint mounting traces, good extremely fine to
uncirculated, rare (6)
£700-900
x1070
Reserve Bank of New Zealand, $100, ND (1981-
1985), serial number YAA 925795, red and
multicoloured, Elizabeth II at right, Hardie signature,
reverse red and multicoloured, Takahe at centre (Pick
175a), in PMG holder 58, choice about uncirculated,
EPQ.
£200-250
235

WORLD BANKNOTES
NIGERIA (SOUTHERN)
NORTH AFRICA
†1073
Government of Southern Nigeria, a fascinating
series of bromides showing designs for a proposed
series of banknotes, included are obverse images of a
10/-, £1, £5, £10 and £100, all have arms at top
centre, with large ornate borders, and values at the
centre and each corner, and a tracing paper overlay
simulating an underprint and samples of the paper to
be used for the notes. Additionally, there are seven
different reverse designs showing a hippopotamus at
centre and small crocodiles in a large ornate border.
Also includes a two page letter from De la Rue, which
originally accompanied the above items, dated 22nd
April 1909, explaining the items to Sir Walter
Egerton, Governor of the new Colony and
Protectorate of Southern Nigeria, and signed by
Thomas De la Rue. (unlisted, and no notes ever issued
for Southern Nigeria), all items backed on card,
bromides generally in excellent condition, many
annotated in red ink on reverse, tracing paper overlay
torn off the page and front page of letter somewhat
crumpled. A brilliant lot which tells the story of a set of
notes which never came into being, unique and extremely
interesting (20)
£800-1,200
†1074
States of North Africa, an archive sheet dated 29
December 1903, 5 cents (6), various colours, all with
serial number 091531-1257, all classical helmeted
head at left, printed names of Barnett and Soames
(Pick unlisted Bank), good extremely fine, unusual and
very rare (6)
£500-800
NORTH KOREA
1075
Democratic Peoples Republic of North Korea,
Central Bank, a set of the 1959 series, 50 chon, 1, 5,
10, 50 and 100 won, also 1, 5, 10 and 100 won, 1978,
5 and 10 won, 1998, specimen 50 won, 1992, 100
won, 1992, also two reproduction groups of the 1947
series (13) (Pick 12-17, 18a, 19c, 20b, 22a, 40, 41,
CS5, 43a), generally uncirculated (27)
£80-120
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
NORWAY
A 50 Speciedaler of Ca. 1866
†1076
Norges Bank, specimen 50 speciedaler,
Trondhjem, 18- (ca 1866), green, blue and lilac,
four allegorical figures and arms top centre, value
at left and right (Pick A50 for type), a Saunders
engraving, London. extremely fine, pretty and of
the highest rarity
£8,000-12,000
†1077
Norges Bank, specimen 10 kroner, Trondjheim,
18- (ca 1877), black, orange and yellow, King
Oscar II at left, value at centre, arms at right,
reverse brown (Pick 2 for type), perforated
SPECIMEN, good extremely fine, attractive and
very rare
£1,000-1,500
A Beautiful 50 Kroner of Ca. 1877
†1078
Norges Bank, specimen 50 kroner, Trondjhem,
18- (ca 1877), no serial numbers, grey and pale
blue, King Oscar II at left, value in pale blue
tablet at centre, ornate background detail and
border around, reverse green, value at centre,
medallic king’s head at left, arms at right (Pick
3s), perforated, good extremely fine and extremely
rare, a lovely note
£6,000-8,000
237

WORLD BANKNOTES
OMAN / MUSCAT AND OMAN
A Presentation Book of the 1970 Series
1079
Sultanate of Muscat and Oman, a presentation book in red leather with arms in gold for the
1970 issue, including specimen 100 baiza, brown, 1 ⁄4 rial saidi, blue, 1 ⁄2 rial, green, 1 rial saidi,
red, 5 rials saidi, violet and 10 rials saidi, purple, all zero serial numbers, all arms at right (Pick
1s-6s), all notes with red Arabic overprint on obverse, red SPECIMEN on reverse, uncirculated and
a lovely presentation set, rare
£2,500-3,000
1080
Sultanate of Muscat and Oman, a presentation book in red leather with arms in gold for the
1970 issue, including specimen 100 baiza, brown, 1 ⁄4 rial saidi, blue, 1 ⁄2 rial, green, 1 rial saidi,
red, 5 rials saidi, violet and 10 rials saidi, purple, all zero serial numbers, all arms at right (Pick
1s-6s), all notes with red Arabic overprint on obverse, red SPECIMEN on reverse, uncirculated and
a lovely presentation set, rare
£2,500-3,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†1081
Sultanate of Muscat and Oman, a colour trial set of
the ND (1970) series comprising 100 baiza, purple, 1 ⁄4
rial, green, 1 ⁄2 rial, violet, 1 rial, blue, 5 rials, red and 10
rials, blue-green, all ND 91970), all serial number 1/1
000000, all arms at right (Pick 1ct-6ct), perforated,
small red SPECIMEN overprint, uncirculated and
rare. An attractive set (6)
£1,200-1,600
x1084
Oman Currency Board, colour trial 1 Rial Omani,
ND (1973), zero serial numbers, blue on multicolour
underprint, arms at right, value at top left and right,
reverse blue, Sohar Fort (Pick 10ct), cancellation hole,
overprinted SPECIMEN, mounting traces at left on
both sides of note, otherwise about uncirculated, rare
£300-400
1082
Sultanate of Muscat and Oman, a full set of the
1970 ND issue, comprising 100 baiza, 1 ⁄4, 1 ⁄2, 1, 5 and
10 rial saidi, all with arms at right, value at each corner
(Pick 1-6), uncirculated and a very attractive set, the
higher notes quite scarce in this grade (6)
£500-700
x1085
Oman Currency Board, colour trial 5 Rials Omani,
ND (1973), zero serial numbers, red on multicolour
underprint, arms at right, value at top left and right,
reverse red, Nizwa Fort (Pick 11ct), cancellation hole,
overprinted SPECIMEN, mounting traces at left on
both sides of note, otherwise about uncirculated, rare
£500-600
x1083
Sultanate of Muscat and Oman, a set of the ND
(1970), comprising 100 baisa, 1 ⁄4 rial, 1 ⁄2 rial, 1 rial, 5
rials and 10 rials, arms at right (Pick 1a-6a),
uncirculated (6)
£400-600
x1086
Oman Currency Board, colour trial 10 Rials Omani,
ND (1973), zero serial numbers, dark blue-green on
multicolour underprint, arms at right, value at top left
and right, reverse red, Mirani Fort (Pick 12ct),
cancellation hole, overprinted SPECIMEN, mounting
traces at left on both sides of note, otherwise about
uncirculated, rare
£600-700
239

WORLD BANKNOTES
x1087
Oman Currency Board, a set of the ND (1970),
comprising 100 baisa, 1 ⁄4 rial, 1 ⁄2 rial, 1 rial, 5 rials and
10 rials, arms at right (Pick 7a-12a), uncirculated (6)
£300-400
x1091
Central Bank of Oman, 50 rials, ND (1977), green
and multicoloured, Sultan Qaboos bin Sa’id at right,
arms top centre, reverse green, Jabreen fort at centre,
value low left and right (Pick 21a), uncirculated and
quite scarce
£350-400
1088
Central Bank of Oman, 1 ⁄2 rials (104), ND (1977),
green and violet, arms at right, reverse green, Sumail
Fortress at centre (Pick 16), uncirculated (104)
£250-350
x1089
Central Bank of Oman, 20 rials, ND (1977), serial
number A/7 990978, black and orange on
multicolour underprint, Sultan Qaboos bin Sa’id at
right, value at top left and right (Pick 20a), PMG 64,
gem uncirculated, EPQ
£200-250
x1092
Central Bank of Oman, 50 rials, 1992, green and
multicoloured, Sultan Qaboos bin Sa’id at right, arms
top centre, reverse green, Jabreen fort at centre, value
low left and right (Pick 30b), uncirculated and quite
scarce
£300-400
x1093
Central Bank of Oman, 10, 20 and 50 rials, 1995,
multicoloured, Sultan Qaboos ibn Sa’id at right (Pick
36, 37, 38), uncirculated, scarce (3)
£300-350
x1090
Central Bank of Oman, 100 baisa, 200 baisa, 1 ⁄4, 1 ⁄2,
1, 5, 10, 20 rials, 1987-1994, all Sultan Qaboos ibn
Sa’id at right (Pick 22d, 23c, 24, 25, 26c, 27, 28b,
29b), uncirculated (8)
£400-500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1094
Government of Pakistan, 10 rupees, ND (1948),
serial number H/93 071868, purple on green
underprint, George VI at right, value at centre, low
centre and top left and right, reverse sailing boat (Pick
3), very fine
£150-200
PAKISTAN
1097
State Bank of Pakistan, specimen 100 Rupees, ND
(1951), serial number D 000000, reddish purple on
pale orange underprint, crescent moon and star at
right, value at left, reverse value in ornate guilloches
(Pick 14s), black De la Rue seal, faint mounting traces,
otherwise extremely fine to uncirculated, rare
£800-1,200
1095
State Bank of Pakistan, specimen 1 rupee, ND
(1951), prefix B/10, blue, star and crescent at right,
reverse violet, also a specimen 5 rupees, ND (1951),
red serial number A 000000, violet and pale green,
boat laden with jute at centre, reverse violet, Khyber
Pass (Pick 8s, 12s), oval De la Rue seal, mounting
traces, good extremely fine and rare (2)
£400-600
†1098
State Bank of Pakistan, specimen 100 rupees, ND
(type of 1976), zero serial numbers, red and pale
orange, Mohammed Ali Jinnah at right, reverse red,
the Islamic College at Peshawar at centre (Pick 31s for
type), red De la Rue oval seal, perforated, extremely fine
and scarce
£150-200
1099
No lot
1096
State Bank of Pakistan, specimen 10 Rupees, ND
(1951), red serial number A 000000, brown on pale
yellow green underprint, Shalimar Gardens Lahore,
reverse tombs near Thatta (Pick 13s), red De la Rue
seal, faint mounting traces otherwise good extremely fine
to uncirculated and very scarce
£500-700
241

WORLD BANKNOTES
x1100
State Bank of Pakistan, a specimen set comprising 5 rupees, 2008, 10 rupees,
2006, 20 rupees, 2007, 50 rupees, 2008, 100 rupees, 2006, 500, 1000 and 5000
rupees, 2008 (Pick 53s, 45as, 46cs, 56s, 48as, 49as, 50as, 51as), all notes come
with an official booklet except the 20 rupees, the 10 and 5000 are in one official
booklet, uncirculated and rare in this format (8)
£3,000-3,500
PALESTINE
1101
Palestine Currency Board, colour trial
500 mils, 1 September 1927, purple and
pale green and pink, Rachel’s Tomb near
Bethlehem at left, Couper, Ezechiel and
Harding signatures, reverse the Tower
of David and the citadel of Jerusalem at
centre, value top left and right (Pick
6act, Dabbah not recorded), mounting
traces, red De la Rue oval seal low centre,
good extremely fine, extremely rare and
desirable
£5,000-7,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1102
Palestine Currency Board, specimen 500 mils, 1 September 1927, zero serial
numbers, purple and pale pink-orange, Rachel’s Tomb, Bethlehem at left, value
at each corner, reverse purple, the Citadel of Jerusalem with Tower of David at
centre, value at left and right and low centre (Pick 6as), perforated CANCELLED,
fresh and original, about uncirculated, rare
£7,500-8,500
x1103
Palestine Currency Board, 500 mils, 1 September 1927, serial number
A265932, purple and pale pink-orange, Rachel’s Tomb, Bethlehem at left, value
at each corner, three printed signatures of the Members of the Palestine Currency
Board at low centre, Leslie Couper, Sir Percy Ezchiel and A.J. Harding, reverse
purple, the Citadel of Jerusalem with the Tower of David at centre, value at left
and right and low centre (Pick 6a, Dabbah page133), off centre printing, an
interesting error, a lovely original example, fresh, almost extremely fine and a rare
£5,500-6,000
243

WORLD BANKNOTES
x1104
Palestine Currency Board, 500 mils, 30 September
1929, serial number C163124, purple and pale pinkorange,
Rachel’s Tomb, Bethlehem at left, value in
green guilloche at centre, value at each corner, three
printed signatures of the Members of the Palestine
Currency Board, Sir John Caulcutt, Sir Percy Ezechiel
and Roland Venables Vernon low centre, reverse
purple and green, the Citadel of Jerusalem with the
Tower of David at centre, value at left and right and
low centre (Pick 6b, Dabbah page 149), ex Amnon
Inbar collection, almost very fine
£1,000-1,200
x1106
Palestine Currency Board, 500 mils, 20 April 1939,
serial number F721972, purple and green, Rachel’s
Tomb at left, value at centre and at each corner,
Caulcutt, Ezechiel and Downie signatures, reverse
purple, David’s tower and the Citadel of Jerusalem at
centre (Pick 6c, Dabbah p.161), in PMG holder 30,
very fine and rare, a pleasing example
£600-800
x1105
Palestine Currency Board, 500 mils, 20 April 1939,
serial number D708959, purple and pale pink-orange,
Rachel’s Tomb, Bethlehem at left, value at each
corner, three printed signatures of the Members of the
Palestine Currency Board at low centre, Sir John
Caulcutt, Sir Percy Ezchiel and H.F. Downie low
centre, reverse purple, the Citadel of Jerusalem with
the Tower of David at centre, value at left and right
and low centre (Pick 6c, Dabbah page 161), only
455000 printed as an additional print run to the 1929
series and to make up to a million for the total run for
the prefix, an original good fine
£1,300-1,500
1107
Palestine Currency Board, 500 mils, 20 April 1939,
serial number G016299, purple and pale orange,
Rachel’s Tomb at Bethlehem low left, pale blue central
guilloche, value at centre and at each corner, three
printed signatures of Sir John Caulcutt, Sir Percy
Ezechiel and Roland Venables, reverse purple, the
Tower of David at centre (Pick 6c, Dabbah p.161),
fresh and original, a very presentable good very fine,
scarce
£700-900
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1108
Palestine Currency Board, 500 mils, 15 August
1945, serial number J388678, purple and pale pinkorange,
Rachel’s Tomb, Bethlehem at left, value in
green guilloche at centre, value at each corner, four
printed signatures of the Members of the Palestine
Currency Board, S. Caine, Sir Percy Ezechiel, R.N.
Kershaw and Christopher G. Eastwood low centre,
reverse purple, the Citadel of Jerusalem with the
Tower of David at centre, value at left and right and
low centre (Pick 6d, Dabbah page 196), an original
extremely fine
£2,500-3,000
x1109
Palestine Currency Board, 500 mils, 15 August
1945, serial number J828653, purple and pale pinkorange,
Rachel’s Tomb, Bethlehem at left, value in
green guilloche at centre, value at each corner, four
printed signatures of the Members of the Palestine
Currency Board, S. Caine, Sir Percy Ezechiel, R.N.
Kershaw and Christopher G. Eastwood low centre,
reverse purple, the Citadel of Jerusalem with the
Tower of David at centre, value at left and right and
low centre (Pick 6d, Dabbah page 196), ex Amnon
Inbar collection, very fine
£1,600-1,800
x1110
Palestine Currency Board, 500 mils, 15 August 1945, serial number K024840, purple and pale pink-orange, Rachel’s
Tomb, Bethlehem at left, value in green guilloche at centre, value at each corner, four printed signatures of the Members
of the Palestine Currency Board, S. Caine, Sir Percy Ezechiel, R.N. Kershaw and Christopher G. Eastwood low centre,
reverse purple, the Citadel of Jerusalem with the Tower of David at centre, value at left and right and low centre (Pick 6d,
Dabbah page 196), only 7 notes believed extant with this K prefix, an original very fine and one of the finest example extant
of the key note
£5,500-6,000
245

WORLD BANKNOTES
1111
Palestine Currency Board, colour trial 1 pound, 1 September 1927, red, pale green and mauve,
the Dome on the Rock at left, value at centre and at each corner, Couper, Ezechiel and Harding
signatures, reverse red, the Tower of David and the citadel of Jerusalem at centre, value top left
and right (Pick 7act, Dabbah unrecorded), mounting traces, black De la Rue seal low right, good
extremely fine and extremely rare and desirable
£8,000-12,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1112
Palestine Currency Board, specimen £1, 1 September 1927, zero serial numbers, green
and pale yellow, The Dome of the Rock, Jerusalem at left, value at each corner, three
printed signatures of the Members of the Palestine Currency Board, Couper, Ezechiel
and Harding, reverse green, the Citadel of Jerusalem at centre, value at left and right and
low centre (Pick 7as), perforated CANCELLED, fresh and original, good extremely fine to
about uncirculated, rare
£9,500-11,500
x1113
Palestine Currency Board, £1, 1 September 1927, serial number A 991818, green and
pale yellow, The Dome on the Rock, Jerusalem at left, value in lilac guilloche at centre,
value at each corner, three printed signatures of the Members of the Palestine Currency
Board at low centre, Leslie Couper, Sir Percy Ezchiel and A.J. Harding at low centre,
reverse green, the Citadel of Jerusalem with the Tower of David at centre, value at left
and right and low centre (Pick 7a, Dabbah page 134), interesting serial number, reverse
slightly stained thus good very fine with good body, rare
£3,000-3,500
247

WORLD BANKNOTES
x1114
Palestine Currency Board, £1, 30 September 1929,
serial number D549750, green and pale yellow, The
Dome on the Rock, Jerusalem at left, value in lilac
guilloche at centre, value at each corner, three printed
signatures of the Members of the Palestine Currency
Board, Caulcutt, Ezechiel and Vernon, reverse green,
the Citadel of Jerusalem with the Tower of David at
centre, value at left and right and low centre (Pick 7b),
toned, but a presentable about very fine, scarce
£1,200-1,600
x1116
Palestine Currency Board, £1, 20 April 1939, serial
number S028284, green and pale yellow, The Dome
on the Rock, Jerusalem at left, value in lilac guilloche
at centre, value at each corner, three printed signatures
of the Members of the Palestine Currency Board, Sir
John Caulcutt, Sir Percy Ezchiel and H.F. Downie at
low centre, reverse green, the Citadel of Jerusalem
with the Tower of David at centre, value at left and
right and low centre (Pick 7c, Dabbah page 164), ex
Amnon Inbar collection, about very fine
£600-800
x1115
Palestine Currency Board, £1, 20 April 1939, serial
number L113547, green and pale yellow, The Dome
on the Rock, Jerusalem at left, value in lilac guilloche
at centre, value at each corner, three printed signatures
of the Members of the Palestine Currency Board, Sir
John Caulcutt, Sir Percy Ezchiel and H.F. Downie at
low centre, reverse green, the Citadel of Jerusalem
with the Tower of David at centre, value at left and
right and low centre (Pick 7c, Dabbah page 163), ex
Amnon Inbar collection, lightly pressed, very fine
£1,200-1,400
x1117
Palestine Currency Board, £1, 20 April 1939, serial
number U336831, green and pale yellow, The Dome
on the Rock, Jerusalem at left, value in lilac guilloche
at centre, value at each corner, three printed signatures
of the Members of the Palestine Currency Board, Sir
John Caulcutt, Sir Percy Ezchiel and H.F. Downie at
low centre, reverse green, the Citadel of Jerusalem
with the Tower of David at centre, value at left and
right and low centre (Pick 7c, Dabbah page 165), ex
Amnon Inbar collection, almost very fine
£800-1,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1118
Palestine Currency Board, £1, 20 April 1939, serial
number X044901, green and pale yellow, The Dome
on the Rock, Jerusalem at left, value in lilac guilloche
at centre, value at each corner, three printed signatures
of the Members of the Palestine Currency Board, Sir
John Caulcutt, Sir Percy Ezchiel and H.F. Downie at
low centre, reverse green, the Citadel of Jerusalem
with the Tower of David at centre, value at left and
right and low centre (Pick 7c, Dabbah page 165),
uncirculated
£3,000-3,500
x1120
Palestine Currency Board, £1, 1 January 1944, serial
number A/1 964905, green and orange- yellow, The
Dome on the Rock, Jerusalem at left, value in lilac
guilloche at centre, value at each corner, four printed
signatures of the Members of the Palestine Currency
Board, E.B. Boyd, Sir Percy Ezechiel, S. Caine and
R.N. Kershaw low centre, reverse green, the Citadel of
Jerusalem with the Tower of David at centre, value at
left and right and low centre (Pick 7d, Dabbah page
189), central crease otherwise extremely fine
£3,000-3,500
x1119
Palestine Currency Board, £1, 20 April 1939, serial
number Z321704, green and pale yellow, The Dome
on the Rock, Jerusalem at left, value in lilac guilloche
at centre, value at each corner, three printed signatures
of the Members of the Palestine Currency Board, Sir
John Caulcutt, Sir Percy Ezchiel and H.F. Downie at
low centre, reverse green, the Citadel of Jerusalem
with the Tower of David at centre, value at left and
right and low centre (Pick 7c, Dabbah page 165), very
fine
£1,500-2,000
x1121
Palestine Currency Board, £1, 1 January 1944, serial
number B/1 124612, green and orange- yellow, The
Dome on the Rock, Jerusalem at left, value in lilac
guilloche at centre, value at each corner, four printed
signatures of the Members of the Palestine Currency
Board, E.B. Boyd, Sir Percy Ezechiel, S. Caine and
R.N. Kershaw low centre, reverse green, the Citadel of
Jerusalem with the Tower of David at centre, value at
left and right and low centre (Pick 7d, Dabbah page
189), a lovely fresh good extremely fine and an
attractive note
£3,000-3,500
249

WORLD BANKNOTES
x1122
Palestine Currency Board, £1, 1 January 1944, serial
number B/1 124663, green and orange- yellow, The Dome
on the Rock, Jerusalem at left, value in lilac guilloche at
centre, value at each corner, four printed signatures of the
Members of the Palestine Currency Board, Boyd, Ezechiel,
Caine and Kershaw, reverse green, the Citadel of Jerusalem
with the Tower of David at centre, value at left and right and
low centre (Pick 7d, Dabbah page 189), original fresh about
uncirculated, scarce in this grade
£1,800-2,200
x1123
Palestine Currency Board, £1, 1 January 1944, serial number C/1 213110, green and orangeyellow,
The Dome on the Rock, Jerusalem at left, value in lilac guilloche at centre, value at each
corner, four printed signatures of the Members of the Palestine Currency Board, E.B. Boyd, Sir Percy
Ezechiel, S. Caine and R.N. Kershaw low centre, reverse green, the Citadel of Jerusalem with the
Tower of David at centre, value at left and right and low centre (Pick 7d, Dabbah page 189), only
about 10 examples believed extant, annotation on reverse, good very fine and very rare.
£7,000-8,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1124
Palestine Currency Board, colour trial 5 pounds, 1 September 1927, blue, pale green and mauve,
the White Tower at Ramleh at left, value at centre and at each corner, three printed signatures of
the Members of the Palestine Currency Board, Couper, Ezechiel and Harding, reverse the Tower of
David and the citadel of Jerusalem at centre, value top left and right (Pick 8act, Dabbah p.229),
mounting traces, red De la Rue oval seal low right, good extremely fine and extremely rare and
desirable
£12,000-18,000
251

WORLD BANKNOTES
x1125
Palestine Currency Board, specimen £5, 1 September 1927, red zero serial numbers, redorange
and pale green, the White Tower at Ramleh at left, value at each corner, three printed
signatures of the Members of the Palestine Currency Board, Couper, Ezechiel and Harding,
reverse green, the Citadel of Jerusalem at centre, value at left and right and low centre (Pick 8as),
perforated CANCELLED, fresh and original, good extremely fine, rare
£12,500-14,500
x1126
Palestine Currency Board, £5, 1 September 1927, red serial number A001220, red-orange and
pale green, the White Tower at Ramleh at left, value at each corner, three printed signatures of
the Members of the Palestine Currency Board, Couper, Ezechiel and Harding, reverse green, the
Citadel of Jerusalem at centre, value at left and right and low centre (Pick 8a), some staining, but
an original about very fine and a very low number, very rare
£25,000-30,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†1127
Palestine Currency Board,
specimen £5, 20 April 1939,
red serial number C 000000,
red and pale green, value in
pale brown guilloche at
centre, the White Tower at
Ramleh at left, signatures of
Caulcutt, Ezechiel and
Downie low centre, reverse
red, the Citadel of Jerusalem
and the Tower of David at
centre, value at left and right
(Pick 8cs, Dabbah p. 167 for
type), ink date ‘30.12.42’
in top margin, mounting
traces at left, perforated
CANCELLED, about
extremely fine and rare
£4,000-6,000
x1128
Palestine Currency Board,
£5, 20 April 1939, red serial
number D190244, redorange
and pale green, the
White tower, Ramleh, at left,
value in pale lilac guilloche at
centre, value at each corner,
three printed signatures of the
Members of the Palestine
Currency Board at centre, Sir
John Caulcutt, Sir Percy
Ezechiel and Roland
Venables Vernon, reverse redorange,
the Citadel of
Jerusalem with Tower of
David at centre, value at left
and right and low centre
(Pick 8c, Dabbah page 167),
ex Amnon Inbar collection,
about fine, rare
£2,600-2,800
x1129
Palestine Currency Board,
£5, 1 January 1944, serial
number F317370, red and
pale green, value in pale
brown guilloche at centre, the
White Tower at Ramleh at
left, reverse red, the Citadel of
Jerusalem and the Tower of
David at centre, four printed
signatures of the Members of
the Palestine Currency Board,
Boyd, Ezechiel, Caine and
Kershaw, value at left and
right (Pick 8d), an attractive
extremely fine, scarce
£4,000-5,000
253

WORLD BANKNOTES
Palestine Colour Trial £10 of 1927
1130
Palestine Currency Board, colour trial 10 pounds, 1 September 1927, green and
multicoloured, the White Tower at Ramleh at left, value at centre and at each corner,
Couper, Ezechiel and Harding signatures, green, reverse the Tower of David and the
citadel of Jerusalem at centre, value top left and right (Pick 9act, Dabbah unrecorded),
mounting traces, red De la Rue seal low right, good extremely fine. This colour not recorded
in Dabbah and possibly the only example of this type believed extant thus important
£25,000-35,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1131
Palestine Currency Board, specimen £10, 1 September 1927, red zero serial numbers,
blue and pale green, the White Tower at Ramleh at left, value at each corner, three printed
signatures of the Members of the Palestine Currency Board, Couper, Ezechiel and
Harding, reverse green, the Citadel of Jerusalem at centre, value at left and right and low
centre (Pick 9as), perforated CANCELLED, fresh and original, about uncirculated, rare
£16,000-20,000
1132
Palestine Currency Board, £10, 30 September 1929, serial number A208031, blue and
pale green, the White Tower, Ramleh, at left, value in pale brown guilloche at centre, value
at each corner, three printed signatures of the Members of the Palestine Currency Board,
Caulcutt, Ezechiel and Vernon (Pick 9b), a solid and original good very fine, very scarce
£2,500-3,000
255

WORLD BANKNOTES
x1133
Palestine Currency Board, £10, 7 September 1939, red serial number B273848, blue and pale
green, the White Tower, Ramleh, at left, value in pale brown guilloche at centre, value at each
corner, three printed signatures of the Members of the Palestine Currency Board at centre, Sir
John Caulcutt, Sir Percy Ezehiel and H.F.Downie, reverse blue, the Citadel of Jerusalem with
the Tower of David at centre, value at left and right and low centre (Pick 9c, Dabbah page 169),
only 450000 printed, the balance for the series printed in 1944. The note was one of what seems to be
a group of five notes, all from the same print run B2737XX and B2738XX, all in AU to UNC.
Apparently, the notes were surfaced during the late 1970’s and were first auctioned at the A.I.N.A.
‘81 sale / NASCA public auction sale, 30 April 1981. Most notes of this type are found in circulated
condition, this is exceptional for type. A spectacular original UNC example, and the finest note
extant, very rare
£16,000-18,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1134
Palestine Currency Board, £10, 1
January 1944, red serial number B
716443, blue and pale green, the
White Tower, Ramleh, at left,
value in pale brown guilloche at
centre, value at each corner, four
printed signatures of the Members
of the Palestine Currency Board,
Boyd, Ezechiel, Caine and
Kershaw, reverse blue, the Citadel
of Jerusalem with the Tower of
David at centre, value at left and
right and low centre (Pick 9d,
Dabbah page 193), almost
uncirculated very rare
£9,500-11,000
x1135
Palestine Currency Board, £10 (2), 1 January 1944, red consecutive serial numbers B846122-
23, blue and pale green, the White Tower, Ramleh, at left, value in pale brown guilloche at
centre, value at each corner, four printed signatures of Members of the Palestine Currency
Board, Boyd, Ezechiel, Caine and Kershaw, reverse blue, the Citadel of Jerusalem with the
Tower of David at centre, value at left and right and low centre (Pick 9d, Dabbah page 193),
both solid and attractive extremely fine, a consecutive pair, thus extremely rare (2)
£12,000-15,000
257

WORLD BANKNOTES
A Palestine £10 of 1944
x1136
Palestine Currency Board, £10, 1 January 1944, red serial number C269438, blue and pale green,
the White Tower, Ramleh, at left, value in pale brown guilloche at centre, value at each corner, three
printed signatures of the Members of the Palestine Currency Board, E.B.Boyd, Sir Percy Ezechiel
and R.N.Kershaw low centre, reverse blue, the Citadel of Jerusalem with the Tower of David at
centre, value at left and right and low centre (Pick 9d, Dabbah page 193), only 20 notes believed
extant for type and a very low serial number. Number C000494 was sold by Spink as part of the Amnon
Inbar collection in 2011 for £14,000, almost uncirculated and without doubt one of the finest example
known, very rare
£14,000-16,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Specimen £50 of 1927
x1137
Palestine Currency Board, specimen £50, 1 September 1927, red serial number A000000, purple and
pale green, the White Tower at Ramleh at left, value at centre in pale brown guilloche, value at each
corner, three printed signatures low centre of Leslie Couper, Sir Percy Ezchiel and A.J.Harding, the
members of the Palestine Currency Board, reverse purple and green, the Citadel of Jerusalem with the
Tower of David at centre, value at left and right and low centre (Pick 10as, Dabbah p.140/141 for
similar) perforated CANCELLED, fresh and original, good extremely fine and extremely rare, a lovely
example
£57,000-67,000
259

WORLD BANKNOTES
Specimen £50 of 1939
x1138
Palestine Currency Board, specimen £50, 7 September 1939, red serial number A000000, purple and pale green, the
White Tower at Ramleh at left, value at centre in pale brown guilloche, value at each corner, three printed signatures low
centre of Sir John Caulcutt, Sir Percy Ezchiel and H.F. Downie, the members of the Palestine Currency Board, reverse
purple and green, the Citadel of Jerusalem with the Tower of David at centre, value at left and right and low centre (Pick
10cs, Dabbah unlisted, p.220 for similar) this is a newly discovered unknown variety of the 1939 £P50 Palestine Currency
Board note, bearing the sans serif (small) typeface serial number which is different from the previously known circulation note
of serif (large) typeface style of £P50 note. Of a great numismatic importance, the note believed to be the “missing link” of the
1939 series and the evidence that such a note was indeed printed and released into general circulation. (Refer to Dabbah’s
article, Currency Notes of the Palestine Currency Board - an Unknown 1939 £P50 Variety, IBNS, volume 54, number 4, 2012,
pp.13-14). the 1939 £P50 Palestine Currency Board specimen notes are extremely rare by their own as only two are known
extant, one of the circulation serif (large) typeface style serial number (mounted in PCB specimen notes book) and the discussed
note. Mounting traces at left, perforated CANCELLED, ink annotation and date ‘HH536 4.8.42 23/25’ in top margin, small
purple SPECIMEN handstamp low right, apart from mounting at left a fresh extremely fine, unique
£55,000-65,000
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April 10, 11 & 12, 2013 - LONDON
A Palestine Specimen £100 of 1929
†1139
Palestine Currency Board, specimen £100, 30 September 1929, red serial number A 000000, green, the White Tower at
Ramleh at left, value at centre in pale brown guilloche, value at each corner, three printed signatures low centre of Sir John
Caulcutt, Sir Percy Ezechiel and H. F. Downie, the members of the Palestine Currency Board, reverse purple and green,
the Citadel of Jerusalem with the Tower of David at centre, value at left and right and low centre (Pick 10bs, Dabbah pages
220 and 221 for similar), traces of repair at upper left side of the note (right side of its reverse), perforated CANCELLED, ink
annotation ‘65’ in top right margin (similar to Dabbah specimen on page 221), small purple SPECIMEN handstamp at low
right, apart from mounting at left a fresh extremely fine, unique. Only 5 issued £100 Palestine Currency Board notes are known
today
£80,000-120,000
261

WORLD BANKNOTES
A Superb Group of Negatives Showing Essays From
The Emil Pikovski Printing Works in Palestine
This group of negative transparencies showing Palestine essays, along with a £P1 proof
(Dabbah p.361), were the only related Palestine/Pikovsky material in private hands as all
others are being held in the Bank of Israel Archives/Museum. The £P1 proof was sold last
year for $25,000. In a related article by the Bank’s curator these were referred as a most
extraordinary and unique, including the high denomination of £P50
This colour-inverted image of the items in lot 1140
shows, in black and white, what the original 50 mils
would have looked like.
x1140
Palestine Currency Board, 50 mils, obverse and reverse negative prints on transparent
acetate, 1 January 1941, no serial number, the Citadel of Jerusalem with the Tower of
David at left, value at each corner, three signatures of the Members of the Palestine
Currency Board at low centre, Sir John Caulcutt, Sir Percy Ezchiel and H.F. Downie,
reverse, Rachel’s Tomb, Bethlehem at centre, value at left and right and low centre (Pick
unlisted, Dabbah pages 350-1 for similar), unique
£5,500-6,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1142
Palestine Currency Board, 100 mils, reverse negative
print on transparent acetate, Rachel’s Tomb,
Bethlehem at centre, value at left and right and low
centre (Pick unlisted, Dabbah pages 352-3 for
similar), unique
£3,000-3,500
x1141
Palestine Currency Board, 100 mils, obverse and
reverse negative prints on transparent acetate, 1
January 1941, no serial number, the Citadel of
Jerusalem with the Tower of David at left, value at
each corner, three signatures of the Members of the
Palestine Currency Board at low centre, Sir John
Caulcutt, Sir Percy Ezchiel and H.F. Downie, reverse,
Rachel’s Tomb, Bethlehem at centre, value at left and
right and low centre (Pick unlisted, Dabbah pages
352-3 for similar), unique
£5,500-6,000
x1143
Palestine Currency Board, £1, obverse and reverse
negative prints on transparent acetate, 20 April 1939,
no serial number, The Dome on the Rock, Jerusalem
at left, value in lilac guilloche at centre, value at each
corner, three printed signatures of the Members of the
Palestine Currency Board, Sir John Caulcutt, Sir Percy
Ezchiel and H.F. Downie at low centre, reverse, the
Citadel of Jerusalem with the Tower of David at
centre, value at left and right and low centre (Pick 7c
for type, Dabbah pages 359-361), unique
£5,500-6,000
263

WORLD BANKNOTES
x1144
Palestine Currency Board, £1, obverse negative print on transparent acetate, 20
April 1939, no serial number, The Dome on the Rock, Jerusalem at left, value in lilac
guilloche at centre, value at each corner, three printed signatures of the Members of
the Palestine Currency Board, Sir John Caulcutt, Sir Percy Ezchiel and H.F. Downie
at low centre (Pick 7c for type, Dabbah pages 359-361), unique
£3,000-3,500
x1145
Palestine Currency Board, £50, obverse and reverse negative prints on transparent
acetate, 20 April 1939 (differ from the actual circulation type date, 7 September
1939), no serial number, the White Tower at Ramleh at left, value at centre in pale
brown guilloche, value at each corner, three signatures low centre of Sir John
Caulcutt, Sir Percy Ezchiel and H.F. Downie, the members of the Palestine Currency
Board, reverse, the Citadel of Jerusalem with the Tower of David at centre, value at
left and right and low centre (Pick 10c for type, Dabbah pages 362-5 for similar),
unique
£8,500-10,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
PERU
1146
Banco Central de Reserva del Peru, specimen 5, 10,
50, 100, 500 (2) soles de oro, 1956/1957, all Liberty
at centre (Pick 76s-80s), red De la Rue seal, faint
mounting traces, about uncirculated (6)
£200-250
PHILIPPINES
1148
Central Bank of the Philippines, specimen 1 ⁄2 peso, 1
peso (2), 2, 5, 10, 20, 50, 100, 200, 500 pesos, 1949,
all black and pale orange except the 1 ⁄2 peso green and
the 200 pesos green, various dignitaries, all signture 2
except the 100, 200 and 500 which are signature 1
(Pick 132s-141s), faint mounting traces, red De la Rue
seal, about uncirculated. These the rarer De la Rue
printings (11)
£350-550
x1147
Philippines, Victory series, 20 pesos, ND (1944),
serial number F14269713, black on yellow
underprint, Mount Mayon at centre, blue seal at right,
value at each corner, reverse tan, arms at centre,
overprinted VICTORY in black, signatures Roxas and
Guevara, also Philippines National Bank, 2 pesos,
1921, red serial number B987587B, black on red
underprint, Rizal at top left, value at low centre and
each corner, reverse blue, value at centre and each
corner (Pick 98b, 52), PMG 45 and PMG 25
respectively, the first a scarce signature (2)
£500-600
1149
Central Bank of Philippines, 20 piso (5), serial
numbers HB 777777 (2005), SL 444444 (2000), SL
555555 (2000), FU 444444 (2000), SW 111111
(2005) red-orange and multicoloured, Quezon at left,
also 50 piso (3), 1999, 2006, serial numbers RP
555555, UA 654321, UJ 123456, purple, Osmena at
left centre, 100 piso (9), 1999, serial numbers GD
555555, two examples dated 2004 with serial
numbers ES 444444, UP 444444 QW 111111, RU
111111, RV 111111, KZ 444444, TC 555555, WG
444444, violet and multicoloured, Roxas left centre,
flag at right also two examples dated 2002 and 2004
with serial numbers ES 444444, UP 444444 (Pick
182e, h, i, 183c, 193, 184d, 194a), uncirculated and
good numbers (17)
£300-400
POLAND
1150
Polish State Loan Bank, 1000 marek, 1917, brown
and red, eagle at left, value at right (Pick 16), fine
£60-80
265

WORLD BANKNOTES
A 20 Zlotych of 1928
1151
Bank Polski, colour trial 20 zlotych, 2 January 1928, blue and pale pink,
maiden at right, arms at left, column at left and right, reverse blue and pale
green, mountains (Pick 68ct), mounting traces. A distinct watermark of George
V at left, perforated, good extremely fine and very rare, the type never issued
£1,000-1,500
†1152
Bank Polski, specimen 20 zlotych, 11 November
1936, red serial number Æ 4516069, blue, maiden
and children at left, girl top right, also an obverse and
reverse die proof 100 zlotych, 15 August 1939, black
and white, man at right (Pick 77s, 85pr), the first note
with red manuscript ‘Specimen’ across face, good
extremely fine (3)
£150-200
†1153
Bank Polski, specimen 1 zloty, 15 August 1939, serial
number A1 234 567, lilac, value in field, also a
specimen 2 zlote, green, value in field (Pick 79s, 80s),
both WZOR overprint, ink date ‘22.8.41’ in top margin,
uncirculated and rare (2)
£400-600
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†1154
Bank Polski, specimen 10 zlotych, 1939, serial
number T 000000, red, specimen 50 zlotych, 1939,
red serial number A 000000, green and specimen 100
zlotych, 1939, black serial number K 000000, brown
(Pick 82s, 84s, 85s), mounting traces, otherwise almost
extremely fine and rare (3)
£600-800
†1155
Narodowy Bank Polski, a group of specimens of the
1944 series comprising 50 groszy, 1, 2, 5, 10, 20, 50
and 100 zlote (Pick 104s, 105s, 106s, 109s, 111s,
113s, 114s, 117s), all cross cancelled and with WZOR
overprint, low margin on 100 a little untidy, good
extremely fine, scarce (8)
£300-500
†1156
Narodowy Bank Polski, specimen 1000 zlotych,
1945, red serial number 1234567, brown, eagle at
centre, value at left and right, reverse brown (Pick
120s), red WZOR overprint, uncirculated and rare
£200-300
†1157
Narodowy Bank Polski, specimen 1000 zlotych,
1946, red serial number A8900000-1234567, brown,
worker at left and right, value at left and right, reverse
brown, factory, also a specimen 500 zlotych, serial
number A 8900000-A1234567, green and mauve,
dock worker and fisherman (Pick 122s121s), red
SPECIMEN overprint, uncirculated and rare (2)
£350-550
267

WORLD BANKNOTES
†1158
Narodowy Bank Polski, specimen 1 zloty, lilac, 2
zlote, green, 5 zlotych, blue-grey, 10 zlotych, brown,
1946, 20 zlotych, green and pink, 50 zlotych, 1946,
brown, pale yellow and lilac, ship at left and right, 100
zlotych, 1946, red and pale beige, agricultural couple
(Pick 123s-129s), red SPECIMEN overprint,
uncirculated and rare (7)
£400-600
†1161
Narodowy Bank Polski, specimen 500 zlotych,
1947, red serial number X 1234567, red, maiden and
anchor and rudder at centre, value at left and right,
reverse green, shipping (Pick 132s), red SPECIMEN
overprint, uncirculated and rare
£300-400
†1159
Narodowy Bank Polski, specimen 20 zlotych, 1947,
red serial number A 1234567, green, eagle low centre,
reverse green, globe and allegorical symbols at centre
(Pick 130s), red SPECIMEN overprint, uncirculated
and rare
£120-160
†1160
Narodowy Bank Polski, specimen 100 zlotych,
1947, red serial number A 1234567, red, maiden and
cornucopia at centre, value at left and right, reverse
red, horses (Pick 131s), red SPECIMEN overprint,
uncirculated and rare
£250-300
†1162
Narodowy Bank Polski, specimen 1000 zlotych,
1947, red serial number A 1234567, purple-brown
and pale green, industrial worker at centre, value at left
and right, purple and pale green, factory at centre
(Pick 133s), red SPECIMEN overprint, uncirculated
and rare
£200-300
†1163
Narodowy Bank Polski, 2 zlotych (2), 5, 10, 20, 50,
100 (2), 500 zlotych, 1948 (Pick 134-140), fine to
very fine (9)
£40-60
1164
Polish National Bank, 1996 Issue on 1990 cancelled
issues, following the currency reform where one ‘new’
Zloty = 10, 000 ‘old’ zloty; one zloty; two zlote; five
zlotych; ten zlotych; twenty zlotych; fifty zlotych; one
hundred zlotych; two hundred zlotych and five
hundred zlotych; (P.164-172); 1994 (1995) Regular
issue, ten zlotych; twenty zloytch; fifty zloytch; one
hundred zloytch; two hundred zloytch (Pick 173a-
177a), in a brown banknote album, uncirculated (14)
£100-150
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
PORTUGAL
1165
Banco de Portugal, a composite essay on board for a
2500 reis, ND (ca 1917), black, blue and orange, head
of Mercury at left, arms at centre (Pick unrecorded),
extremely fine, unique
£300-500
†1167
Banco de Portugal, an obverse and reverse colour
trial/proof 1 escudo, ND (1917), green and
multicoloured, maiden and book at left, arms at
centre, reverse blue and purple, maiden and lyre at
right (Pick 113 for type), small tear at right otherwise
almost extremely fine, very rare (2)
£250-300
†1166
Banco de Portugal, an uncut pair of unissued 5 mil
reis, ND (1911), black, pink and pale blue, the
Marquez de Pombal at left, reverse multicoloured,
maiden and arms (Pick 104 for type), good extremely
fine and rare as an uncut pair
£350-550
†1168
Banco de Portugal, an obverse uniface colour trial 10
escudos, ND (1919), purple, green and lilac, also a
proof 10 escudos, blue and lilac and green, both
Afonso de Albuquerque at left, explorers low centre,
reverse purple and pale brown, Liberty at right, river
Gods low centre (Pick 117 for type), ink date ‘1913’ in
field of the second note, extremely fine, rare (2)
£400-600
269

‘Diogo Do Couto’
WORLD BANKNOTES
†1171
Banco de Portugal, specimen 100 escudos, 13 April
1926, serial number 1EN 00001-1EN 10000, brown,
pale green and lilac, Diogo de Couto at left, arms top
centre, reverse brown and purple and green, castle at
centre (Pick 124s), ink date ‘2.3.27’ in top margin,
perforated CANCELLED, mounting traces otherwise
almost extremely fine and very rare
£1,000-1,500
†1169
Banco de Portugal, an obverse and reverse colour
trial/proof 2 and 1 ⁄2 escudos, ND (1920), blue, green
and multicoloured, Pereira at right, arms at centre,
reverse blue and purple, maiden and globe at left (Pick
119 for type), extremely fine, very rare (2)
£300-400
‘Luiz De Camoes’
‘Passos Manoel’
†1170
Banco de Portugal, an obverse and reverse uniface
colour trial for a 50 escudos, ND (1920), purpleand
multicoloured, Passos Manoel at centre, value at left
and right, reverse blue and multicoloured, the
‘Terreiro do Paco’ at centre, head of Liberty at top
right (Pick 123 pr), extremely fine, attractive and very
rare
£500-700
†1172
Banco de Portugal, specimen 1000 escudos, CH 1,
28 July 1920, serial number 1AC 15001-1AC 20000,
blue and multicoloured, Luiz de Camoes at right,
value at left, arms top centre, shipping in low field,
reverse green and purple, maiden on plinth at left and
right (Pick 126s), ink date ‘12.2.24’ in top margin,
perforated CANCELLED, good extremely fine and a
classic note, lovely and very rare
£1,200-1,800
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1173
Banco de Portugal, 500 escudos, 17 November
1922, Ch 2, red serial number 06579, purple, pale
yellow and green, Vasco de Gama at left, galleons right
centre, reverse purple, arms at centre, value at left and
right (Pick 130), a fresh good extremely fine, original
and a lovely note
£600-800
1174
Banco de Portugal, specimen 50 escudos, 25
November 1941, one Ch 6 and one Ch 6a, purple and
multicoloured, R. Ortigao at right, reverse monastery
at centre (Pick 149ct, 154ct), handstamped number top
left, perforated SPECIMEN, good extremely fine and
scarce (2)
£100-150
†1177
Banco de Portugal, colour trial 20 escudos, Ch 6 (ca
1941), red-brown and multicoloured, two issued
examples in green and multicoloured and dated 1951
and 1954 respectively, also a specimen, ND, same
design in green and multicoloured, all De Menezes at
right, head of Liberty top left (Pick 153ct, 153a,
153s), uncirculated (4)
£300-400
1175
Banco de Portugal, specimen 500 escudos, 26 April
1938, serial number 000 B00000, green and purple,
the Infante Don Henriques at right, reverse green and
lilac, tomb left centre (Pick 151ct), perforated
SPECIMEN, handstamped number top right, good
extremely fine, rare
£250-350
†1178
Banco de Portugal, a composite essay on board for
final stage approval for a 1000 escudos, Ch 7, 10 April
1942, purple and multicoloured, arms top centre, Don
Afonso Henriques at right, Western knight and Arab
on horseback at right (Pick 156 for type), manuscript
‘Approvado 29.12.41’ at left, this presumably the final
approved essay for type, unique and lovely
£700-900
x1176
Banco de Portugal, specimen 500 escudos, 26 April
1938, zero serial numbers, brown and black on green
and gold underprint, Infante Don Henrique at right,
arms at low left, value at top left, reverse tomb at
centre left (Pick 151s), good extremely fine and scarce
£150-200
271

WORLD BANKNOTES
†1179
Banco de Portugal, specimen 500 escudos, ND
(1944), Ch 8, red-purple, Don Joao IV at right, a
colour trial 500 escudos, ND (1958), green and
multicoloured, D’Almeida at right (Pick 158s, 162ct),
uncirculated, scarce (2)
£300-400
†1181
Banco de Portugal, an obverse and reverse composite
essay on board for a 50 escudos, 28 April 1953, Ch 7,
serial number B 00000, blue and lilac, De Mello at
right, arms top centre, value at centre and at each
corner, reverse green and lilac, arms top centre, statue
at left (Pick 160 for similar), different to the final
design, unique and attractive (2)
£600-800
1182
Banco de Portugal, specimen 50 escudos, 28 April
1953, serial number B 00000, blue and
multicoloured, De Mello at right, arms top centre
(Pick 160s), perforated SPECIMEN, mounting traces,
thus about uncirculated and scarce
£100-120
†1180
Banco de Portugal, an obverse composite essay on
board for a 50 escudos, ND (ca 1953), Ch 7a, serial
number B 00000, blue and multicoloured, De Mello
at right, arms top centre, manuscript value at centre
and at each corner (Pick 160 for similar), slightly
different to the final design, red SEM VALOR
overprint, unique and attractive
£300-400
†1183
Banco de Portugal, an obverse and reverse composite
essay on card for a 5000 escudos, Ch 1, ND (1977),
dark brown and multicoloured, Antonio Sergio at left,
arms at right, reverse Antonio Sergio at centre, value
at right, also an obverse and reverse composite essay
for a 5000 escudos, ND (1973), green, De Quental at
right centre, reverse green, hands and chains (Pick 182
for type, 184 for type), unique (4)
£300-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
PORTUGUESE GUINEA
PORTUGUESE INDIA
1184
Banco Nacional Ultramarino, Portuguese Guinea,
framed specimen set of the 1964 issue, comprising 50
escudos, dark green, 100 escudos, blue-green, 500
escudos, brown, Texeria Pinto at left and 1000
escudos, red, H. Barreto at right (Pick 40s-43s),
presented in a large frame, appear to be good extremely
fine or better (4)
£400-600
†1186
Banco Nacional Ultramarino, specimen 10 rupias, 1
January 1906, red zero serial numbers, black, pink and
multicoloured, Sea Nymph on hippocamp at centre,
arms top left, value top right, red steamship seal I low
centre, counterfoil at left, reverse green and red,
medallic female head at centre, value at left and right
(Pick 16as, Razack-Jhunjhunwalla 12.6.4), perforated
SPECIMEN, ink date ‘2 Sept 1908 top left on
counrtfoil, good extremely fine, attractive and very rare
£1,500-2,500
†1187
Banco Nacional Ultramarino, specimen 20 rupias, 1
January 1906, red serial number 45001-60000, black,
blue and multicoloured, maiden at centre on
hippocamp, value at left and right, red steamship seal
III low centre, arms top left (Pick 17As, Razack-
Jhunjhunwalla 12.7), perforated, ink date ‘30.5.21’ in
top left margin, uncirculated and very rare, attractive
£2,500-3,500
†1185
Banco Nacional Ultramarino, Portuguese Guinea,
an obverse and reverse composite essay for a 50
escudos, 17 December 1971, zero serial numbers,
green and multicoloured, arms at centre, Tristao at
right, reverse green, maiden and ships (Pick 44 for
type), unique and possibly the final model for the issue
£300-400
273

WORLD BANKNOTES
†1188
Banco Nacional Ultramarino, Portuguese India,
specimen 1 rupia, Nova Goa, 1 October 1917, red serial
numbers 000001-100000, dark and light brown, blue
NOVA GOA top centre, blue steamship seal II low centre,
reverse pale red and green, maiden and ships at centre (Pick
21bs, Razack-Jhunjhunwalla 12.11.1s), ink date ‘25.1.18’ in
top margin, perforated CANCELLED, good extremely fine
and rare
£600-800
1189
Banco Nacional Ultramarino, Portuguese India, uniface obverse and reverse colour trial 2 1 ⁄2
rupias, 1 January 1924, rd serial number 000000, blue and green, tiger at centre, reverse blue,
Jagannath temple at centre, value at left and right (Pick 23ct, Razack-Jhunjhunwalla 12.14.1
ct), mounting traces, De la Rue oval seal, good extremely fine, rare
£1,500-2,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1190
Banco Nacional Ultramarino,
Portuguese India, uniface obverse
and reverse colour trial 5 rupias, 1
January 1924, olive and orange,
temple at centre, reverse olive, tiger
(Pick 25ct, Razack-Jhunjhunwalla
12.15.1), mounting traces, green De
la Rue oval seal on obverse, blue on
reverse, good extremely fine, rare
£2,000-2,500
1191
Banco Nacional Ultramarino,
Portuguese India, uniface
obverse and reverse colour trial
50 rupias, 1 January 1924, green
and pale red, elephant at centre,
steamship low left, arms low
centre, value in red sunburst
top left and right, column at
left and right, reverse green,
galleon at centre, value at left and
right (Pick 28ct, Razack-
Jhunjhunwalla 12.27 for type),
mounting traces, perforated, good
extremely fine, very rare and a
very attractive note
£2,000-3,000
275

WORLD BANKNOTES
†1192
Banco Nacional Ultramarino, Portuguese India,
specimen 5 rupias, green, 10 rupias, brown, 20 rupias,
blue, all 29 November 1945, all Afonso de
Albuquerque at right, ship seal at left, signatures
A4/P2 (Pick 35s, 36s, 37s, Razack-Jhunjhunwalla
12.29.3, 12.30.3, 12.31.3), ink date in top margin of
first two, perforated, good extremely fine and rare (3)
£700-900
†1194
Banco Nacional Ultramarino, Portuguese India,
specimen 500 rupias, 29 November 1945, serial
number 014001-120000, dark green, Afonso de
Albuquerque at right, ship seal at left, signatures
A8/P2, reverse blue-green, youth and ships (Pick 40s,
Razack-Jhunjhunwalla 12.34.7), ink date in top
margin on reverse, perforated, good extremely fine and
rare
£1,000-1,500
†1193
Banco Nacional Ultramarino, Portuguese India,
specimen 50 rupias, 29 November 1945, serial
number 170000-140001, red-brown, 100 rupias,
purple, 29 November 1945, serial number 150001-
194000, both Afonso de Albuquerque at right, ship
seal at left, signatures A4/P2 (Pick 38s, 39s, Razack-
Jhunjhunwalla 12.32.3, 12.33.3), ink date in top
margin of second note, perforated, good extremely fine
and rare (2)
£600-800
x1195
Banco Nacional Ultramarino, Portuguese India,
colour trial 500 escudos, 30 June 1964, zero serial
numbers, red on multicolour underprint, Pinto at left,
ship seal at right, value at each corner, reverse red,
woman seated on anchor with ships in background
(Pick 42ct), slight foxing at edges, thus good extremely
fine and scarce
£200-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
QATAR
†1196
Banco Nacional Ultramarino, Portuguese India,
specimen 300 escudos, purple, specimen 600 escudos,
green, both 2 January 1959, zero serial numbers, both
Afonso de Albuquerque at right (Pick 44s, 45s, Razack
Jhunjhunwalla 12.38.4, 12.39.2), black SPECIMEN
overprint, perforated, uncirculated and rare (2)
£800-1,000
x1198
Qatar Monetary Agency, colour trial 10 riyals, ND
(1973), black zero serial numbers, pink on
multicolour underprint, dhow and palm tree at right,
value at each corner, reverse pink, bank building at left
centre (Pick 3ct), cancellation hole, overprinted
SPECIMEN, mounting traces on both sides at left,
otherwise uncirculated and rare
£1,400-1,800
†1197
Banco Nacional Ultramarino, Portuguese India,
specimen 1000 escudos, 2 January 1959, zero serial
numbers, green and brown, Afonso de Albuquerque at
right, arms low centre, signatures G4/A4 (Pick 46s,
Razack Jhunjhunwalla 12.40.1), black SPECIMEN
overprint, perforated, uncirculated and rare (2)
£500-700
x1199
Qatar Monetary Agency, specimen 100 riyals, ND
(1973), black zero serial numbers, green and orangebrown
on multicolour underprint, dhow and palm tree
at right, value at each corner, reverse pink, Ministry of
Finance building at left centre (Pick 5s), cancellation
hole, overprinted SPECIMEN, mounting traces on both
sides of note at left, otherwise about uncirculated and
rare
£3,000-4,000
1200
No Lot
277

WORLD BANKNOTES
Qatar and Dubai Currency Board
x1201
Qatar and Dubai Currency Board, 1 rial, ND
(1960’s), dark green on multicolour underprint,
dhow, oil derrick and palm trees at left, value at each
corner, reverse bank title in English and values (Pick
1a), good extremely fine and scarce in this grade
£120-180
1204
Qatar and Dubai Currency Board, 1 riyal (2), green,
5 riyals, violet and 10 riyals, blue-grey, all ND (1960),
all dhow, derrick and palm at left (Pick 1, 2, 3), one 1
riyal good very fine, balance fine to very fine (4)
£140-180
1205
No lot
1202
Qatar and Dubai Currency Board, 1 riyal (2), ND
(1960’s), consecutive serial numbers, green on
multicolour, dhow, oil derrick and palm at left, value
at each corner (Pick 1), about uncirculated, a scarce
consecutive pair and lovely condition (2)
£500-700
1206
Qatar and Dubai Currency Board, 10 riyals, ND
(1960), grey-blue and lilac, all dhow, derrick and palm
at left, value at each corner, blue-grey, value at centre,
value at top left and right (Pick 3), quite fresh and
original, almost extremely fine and scarce
£250-350
1207-1211
No lots
1203
Qatar and Dubai Currency Board, 1 riyal (2), ND
(1960’s), green on multicolour, dhow, oil derrick and
palm at left, value at each corner (Pick 1), one good very
fine, other about very fine, scarce (2)
£120-180
REUNION
1212
Banque de la Reunion, 5 francs, L.1901, serial
number K.203 956, red, medallic heads at left and
right, value at each corner, reverse grey (Pick 14),
original good very fine
£100-150
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
RHODESIA
†1213
Reserve Bank of Rhodesia, specimen 10/-, ND
(1965), blue and lilac, also specimen 10/- (2),
November 1964, serial numbers H/6, H/7 000001-
1000000, blue and lilac, all Elizabeth II at right, stone
falcon at left, arms top centre, last two Bruce
signature, reverse blue, tobacco crop (Pick 24s), ink
annotation in top margin, about uncirculated and rare
(3)
£600-800
†1215
Reserve Bank of Rhodesia, specimen £1 (3), ND,
September 1955 and October 1955, first no serial
numbers, second prefix G/14, third prefix G/15, red
and lilac and pale green, Elizabeth II at right, arms top
centre, Bruce signature, reverse red, Victoria Falls left
centre (Pick 25s), ink annotation in top margin, date
unlisted in Pick, first perforated SPECIMEN,
uncirculated and rare (3)
£600-800
†1214
Reserve Bank of Rhodesia, specimen 10/- (2),
August/September 1965, serial numbers H/8, H/9
000001-1000000, blue and lilac, both Elizabeth II at
right, stone falcon at left, arms top centre, Bruce
signature, reverse blue, tobacco crop (cf Pick 24s), ink
annotation in top margin, date unlisted in Pick, about
uncirculated and rare (2)
£500-700
†1216
Reserve Bank of Rhodesia, specimen £1 (3), all
October 1955, serial numbers G/16, G/17 and G/18
000001-1000000 respectively, red and lilac and pale
green, Elizabeth II at right, arms top centre, Bruce
signature, reverse red, Victoria Falls left centre (Pick
25s), ink annotation in top margin, first perforated
SPECIMEN, date unlisted in Pick, uncirculated and
rare (3)
£600-800
279

WORLD BANKNOTES
RHODESIA AND NYASALAND
†1217
Bank of Rhodesia and Nyasaland, colour trial 10
shillings, prefix W/1, green and multicoloured, also
colour trial £1, blue and multicoloured, prefix X/15,
both ND (ca 1956), both Elizabeth II at right, arms
top centre, eagle and leopard low left respectively (Pick
20ct, 21ct), perforated, red SPECIMEN overprint,
uncirculated and rare (2)
£700-900
†1218
Bank of Rhodesia and Nyasaland, specimen 10/-,
ND and no serial numbers or signature (type of 1961),
red-brown a nd pale green, Elizabeth II at right, eagle
low left and arms top centre, also specimen 10/- (2),
1962, prefixes W/36 000001-1000000 and W/37
000001-1000000, both Richards signature (Pick
20bs), ink date in top margin, perforated, good
extremely fine and rare (3)
£600-800
1219
Bank of Rhodesia and Nyasaland, 10/-, 20 January
1961, serial number W/29 132091, red-brown and
multicoloured, eagle low left, Elizabeth II at right,
arms top centre, Richards signature (Pick 20b), pressed
but still quite fresh and good very fine, scarce
£150-200
x1220
Bank of Rhodesia and Nyasaland, £1, Salisbury, 8
May 1959, serial number X/31 269352, green and
orange and lilac, Elizabeth II at right, leopard low left,
arms at centre, Graffety-Smith signature, reverse
green, ruins (Pick 21a), in PMG holder 55, about
uncirculated, scarce
£400-500
1221
Bank of Rhodesia and Nyasaland, £1, 6 January
1961, serial number X/64 747025, green on
multicolour underprint, Elizabeth II at right, arms at
top centre, leopard at low left, reverse ruins (Pick
21b), pressed but still quite fresh, thus good very fine to
about extremely fine
£200-250
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1222
Bank of Rhodesia and Nyasaland, £1, 6 January
1961, serial number X/64 965075, green, orange and
lilac, Elizabeth II at right, arms top centre, leopard low
left, Richards signature, reverse green, ruins (Pick
21b), lightly pressed, still fresh and about extremely fine,
rare
£300-400
†1223
Bank of Rhodesia and Nyasaland, specimen £1 (2),
January and February 1962, prefixes X/36and X/37,
green, orange and lilac, Elizabeth II at right, arms top
centre, leopard low left, Graffety-Smith signature (Pick
21as), ink date in top margin, perforated, good
extremely fine and rare (2)
£500-700
†1224
Bank of Rhodesia and Nyasaland, specimen £1 (2),
February and March 1962, prefixes X/38and X/39,
green, orange and lilac, Elizabeth II at right, arms top
centre, leopard low left, Graffety-Smith signature (Pick
21as), ink date in top margin, perforated, good
extremely fine and rare (2)
£500-700
†1227
Bank of Rhodesia and Nyasaland, colour trial £5,
ND (1954), serial number Y/1 000000, red-brown
and multicoloured, Elizabeth II at right, arms top
centre, Sable antelope low left, reverse red-brown,
Victoria Falls left centre, value at each corner (Pick
22ct), perforated, red SPECIMEN overprint,
uncirculated, attractive and very rare
£800-1,200
†1225
Bank of Rhodesia and Nyasaland, specimen £1 (2),
1961, prefixes X/77and X/78, green, orange and
lilac, Elizabeth II at right, arms top centre, leopard low
left, Richards signature (Pick 21bs), ink date in top
margin, perforated, good extremely fine and rare (2)
£500-700
x1228
Bank of Rhodesia and Nyasaland, £10, 3 July 1959,
serial number Z/1 676492, brown and multicolour,
Elizabeth II at right, arms at top centre, lion at low
left, Graffety-Smith signature at centre (Pick 23a),
presentable and original good fine, scarce
£700-900
†1226
Bank of Rhodesia and Nyasaland, specimen £1 (2),
1962, prefixes X/83and X/84, green, orange and
lilac, Elizabeth II at right, arms top centre, leopard low
left, Richards signature (Pick 21bs), ink date in top
margin, perforated, good extremely fine and rare (2)
£500-700
281

WORLD BANKNOTES
ROMANIA
x1229
Romania, Ministry of Finance, specimen 10 lei, ND
(1920), red zero serial numbers, brown on red
underprint, King Ferdinand I at top centre, arms at
low centre, value at top left and right, reverse green,
values (Pick 72s), punch hole cancelled, overprinted
SPECIMEN, PMG 58, choice about uncirculated, EPQ
£300-400
x1231
Romania, Ministry of Finance, specimen 2000 lei,
ND (1920), red zero serial numbers, green on red
underprint, King Ferdinand I at top centre, arms at
low centre, value at top left and right, reverse brownblack,
values (Pick 73s), punch hole cancelled,
overprinted SPECIMEN, PMG 64, choice uncirculated,
EPQ, scarce
£1,000-1,500
x1232
Banca Nationala a Romaniei, specimen 500 lei, 1
November 1940, serial number K/4 0700986, greyblue
on multicolour underprint, King Carol II at left,
arms at top centre, value at low left and right (Pick
42bs), red overprint SPECIMEN, about uncirculated
£50-70
RUSSIA
x1230
Romania, Ministry of Finance, specimen 200 lei,
ND (c1920), red zero serial numbers, red-brown on
red underprint, King Ferdinand I at top centre, arms
at low centre, value at top left and right, reverse
orange-red, values (Pick 74s), punch hole cancelled,
overprinted SPECIMEN, PMG 64, choice uncirculated,
scarce
£800-1,200
1233
Banque de l’Indo-Chine, specimen 25 roubles,
Vladivostock, 12 February 1919, red zero serial
numbers, green and multicoloured, head of Liberty at
centre, value at left and right and at each corner,
reverse green, value (PS 1257s), cancellation holes, red
SPECIMEN overprint, uncirculated and rare
£750-950
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
Russian Government Credit Notes
x1234
Russian Government Credit Note, specimen 25
rubles, 1918, blue serial number 00000, black, lilac
and green, maiden and allegorical symbols at centre,
value at left and right, reverse grey and white, arms at
centre, value at left and right (Pick 39A), perforated,
red SPECIMEN overprint, uncirculated, scarce
£500-700
x1236
Russian Government Credit Note, specimen 500
rubles, 1919, red serial number 00000, black and
multicoloured, allegorical maiden at centre with
cherubs, value at left and right and at each corner,
reverse green, arms at centre, value at left and right
(Pick 41s), perforated, red SPECIMEN overprint,
uncirculated and rare
£3,500-4,500
x1235
Russian Government Credit Note, specimen 50
rubles, 1919, red 00000 serial number, black, pink
and multicoloured, two allegorical maidens at right,
value left centre and at each corner, reverse red, arms
at centre, value at left and right (Pick 39B), perforated,
red SPECIMEN overprint, uncirculated and very rare
£1,400-1,800
x1237
Russian Government Credit Note, specimen 1000
rubles, 1919, red serial number 00000, black and
multicoloured, allegorical maiden at left, value at right
and at each corner, reverse lilac, arms at centre, value
at left and right (Pick 42s), small perforations, red
SPECIMEN overprint, uncirculated and rare
£3,500-4,500
1238
Russia, State Bank Note, 100 rubles (2), 1947,
consecutive serial numbers 592303-04, Lenin at left,
arms at top centre, value at low centre and bottom
right (Pick 232), original very fine (2)
£80-120
283

WORLD BANKNOTES
1239
State Banknotes of the USSR, a
trial/essay on watermarked paper
for a 3 ruble, ND (c.1950), green,
value at left, ornate engine turnings
at centre (Pick unrecorded), about
uncirculated, extremely rare
£2,000-2,500
1240
State Banknotes of the USSR, a
trial/essay on watermarked paper
for a 3 ruble, ND (c.1950), black,
value at left, ornate engine turnings
at centre (Pick unrecorded), red
PROJECT in cyrillic top right,
about uncirculated, extremely rare
£2,000-2,500
1241
State Banknotes of the USSR, a
trial/essay on watermarked paper
for a 5 ruble, ND (c.1950), blue
and white, value at top left and
right and low left and right, ornate
engine turnings at centre (Pick
unrecorded), about uncirculated,
extremely rare
£2,000-2,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
A Lenin 10 Rubles
1242
State Banknotes of the USSR, an engraved trial/essay for a 10 rubles, ND
(c.1950-60), orange-yellow, Lenin in profile at top centre, value at each corner
(Pick unrecorded, portait like Pick 234), about uncirculated, extremely rare
£5,000-6,000
RWANDA
†1243
Banque D’Emission de Rwanda et du Burundi,
specimen 500 francs (2), 15 September 1960 and 15
May 1961, both serial number A 000000, pink and
brown, black rhinocerous at right, value at left and at
each corner (Pick 6s), ink annotation and staple holes
on first note, perforated CANCELLED, good extremly
fine and rare (2)
£600-800
†1244
Banque Centrale du Rwanda-Urundi, a composite
obverse and reverse essay on board for a 10 francs, ND
(type of 19600, serial number A 000000, black, pale
green and pink, hippopotamus at cemtre, value at each
corner, reverse black and white, value at centre and at
each corner (Pick 2 for similar but Pick has title
Rwanda et du Burundi ), unique and attractive (2)
£400-600
285

WORLD BANKNOTES
†1247
Bank Nationale du Rwanda, an obverse and reverse
composite essay for a 5000 francs, 1 July 1987, serial
number A 0000000, red and multicoloured, harvest
collecting scene at right, arms low left, reverse
multicoloured, industrial scenes (Pick unrecorded),
unique and attractive (2)
£300-400
†1245
Banque Nationale du Rwanda, an obverse and
reverse composite essay on board for a 500 francs, 1
January 1978, serial number D 000000, green, pale
pink and orange, crop picking at left, arms top centre,
reverse green, man with drum, sea eagles at right (Pick
unrecorded design), unique (2)
£300-400
SAMOA
†1248
Central Bank of Samoa, an obverse and reverse
composite essay on board for a 100 tala, ND, serial
number A 000000, purple and multicoloured,
Tanumafili II at right, Fond House at centre, reverse
purple and multicoloured, arms and crop pickers (Pick
unrecorded design), unique and pretty (2)
£500-800
†1246
Banque Nationale du Rwanda, an obverse and
reverse composite essay on board for a 1000 francs, 1
January 1987, serial number C 0000000, green and
pale pink, warriors dancing at right, arms low left,
reversede blue and multicoloured, gorillas at left, men
in canoe low right (Pick unrecorded date, type of
1981), unique (2)
£250-350
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
SANTO DOMINGO
†1249
Provincia de Santo Domingo, specimen 15 pesos, 1
May 1864, serie D, pale blue and red-brown, arms
within wreath top centre, value at centre and at left
and right, counterfoil at left and right (Pick unlisted),
good extremely fine and extremely rare
£2,000-3,000
SARAWAK
x1250
Sarawak Government Treasury, 10 cents, 5 June
1919, serial number 11850, black on white card, arms
at centre, value at top left and right, reverse arms (Pick
7), fine and scarce
£400-500
x1251
Government of Sarawak, $10, 1 June 1937, serial
number C/2 131705, bright red on multicolour
underprint, Charles Vyner Brooke at right, arms and
palm trees at left, reverse red, Government Building at
centre flanked by values (Pick 22), good very fine,
attractive and scarce
£500-600
287

WORLD BANKNOTES
1252
Government of Sarawak, $10, 1 January 1940, serial
number C/3 199695, red on multicolour underprint,
Charles Vyner Brooke at ight, arms at left, value at low
centre (Pick 24), lovely paper quality, good very fine
thus scarce
£450-550
A Superb Sarawak 1 Cent
†1253
Government of Sarawak, specimen 1 cent, ND (ca 1945), purple-brown and pink, value at left, arms at
right (Pick unlisted, Tan SKU 1-2 for series, the 1 cent not recorded), pencil date ‘6.9.45’ in top right
margin, imperfect cancellation hole, uncirculated, extremely rare
£4,500-6,500
x1254
Sarawak, a miscellaneous lot comprising a draft from Eng Teck Leong, an exchange bill, Sibu, 1960 and
a receipt, Kuching 1945, also a Government issue $5, 1929 with perforation at head of Charles Brooke
and 50 cent postage stamp affixed top left (Tan K 18), generally very fine and an interesting lot (4)
£150-200
1255-1257
No lots
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
SAUDI ARABIA
SERBS, CROATS AND SLOVENES
Monetary Authority
x1258
Saudi Arabian Monetary Authority, 10 riyals,
AH1373 (1954), serial number 9/138983, green on
multicolour underprint, dhows at centre, value at each
corner (Pick 4), fresh and original, extremely fine and
attractive
£200-250
1259-1264
No lots
†1266
National Bank of the Kingdom of Serbs, Croats
and Slovenes, an obverse and reverse composite essay
on card for a 10 dinara, 1 November 1925, serial
number III 000000, pale blue, maiden (Industry) and
wheel, factory at left centre, reverse pale blue, city view
(Pick unlisted), ink date ‘17.8.25’ in top margin,
unique (2)
£400-600
SEYCHELLES
x1265
Saudi Arabian Monetary Agency, 1 riyal, 2007,
serial number 111/110000, green, 5 riyals (9), lilac,
all with interesting serial numbers (Pick 31a, 32a),
uncirculated (10)
£150-200
x1267
Government of Seychelles, 1 rupee, 7 July 1943,
prefix B/1, pale grey-blue, George VI in pale red oval
frame at left (Pick 7a), about extremely fine, scarce
£150-200
289

WORLD BANKNOTES
A Pair of Number 1 Notes
1268
Government of Seychelles, 10 rupees, 1 August 1954, serial number A/2
00001, red on green underprint, medallic style portrait of Queen Elizabeth II at
right, value at centre and each corner, reverse green, palm trees, turtle and values,
signature of Sir William Addis (Pick 12a), slightly foxed, overall a fresh and
original good very fine, the first note of issue, A/2 being the first run for Elizabeth
II notes, important and interesting
£3,000-5,000
1269
Government of Seychelles, 50 rupees, 1 August 1954, serial number A/2
00001, black, medallic style portrait of Queen Elizabeth II at right, value at
centre and each corner, reverse black, palm trees, turtle and values, signature of
Sir William Addis (Pick 13a), original good very fine, the first note of issue, A/2
being the first run for Elizabeth II notes, important and interesting
£4,000-6,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†1270
Government of Seychelles, colour trial 5 rupees, ND
(1968), blue-grey, black parrot at left, also a colour
trial 20 rupees, ND (1968), red, bridled tern, both
Elizabeth II at right (Pick 14ct, 16ct), almost
uncirculated, rare (2)
£400-500
1273
Government of Seychelles, 50 rupees (2), 1 August
1973, serial number A/1 206620/21, green and
multicoloured, Elizabeth II at right, sailing boat at left
(Pick 17e), lovely and fresh, one with corner bend,
otherwise about uncirculated and a rare consecutive
pair (2)
£600-800
†1271
Government of Seychelles, colour trial 50 rupees,
ND (1968), green, yacht at left centre, Elizabeth II at
right, reverse green and pink and blue (Pick 17ct),
almost uncirculated, rare and attractive
£600-800
1274
Government of Seychelles, 50 rupees, 1 August
1973, serial number A/1 206622, green and
multicoloured, Elizabeth II at right, sailing boat at left
(Pick 17e), small ding in left margin, otherwise about
uncirculated
£250-350
1272
Government of Seychelles, 50 rupees (2), 1 August
1973, serial number A/1 207141/142, green and
multicoloured, Elizabeth II at right, sailing boat at left
(Pick 17e), lovely and fresh, about uncirculated and a
rare consecutive pair (2)
£650-850
291
†1275
Government of the Seychelles, colour trial 100
rupees, ND (1968), blue and multicoloured, land
turtles at left centre, Elizabeth II at right, reverse blue
and lilac (Pick 18ct), about uncirculated and rare,
attractive
£800-1,200

SINGAPORE
WORLD BANKNOTES
†1276
Government of the Seychelles, colour trial 100
rupees, ND (1968), blue and multicoloured,
Elizabeth II at right, turtles left centre, reverse blue
and lilac, title and value in field (Pick 18ct), perforated,
red SPECIMEN overprint, mounting traces at left
margin otherwise about uncirculated and very rare
£1,000-1,500
1278
Board of Commissioners, Singapore, $1 (2), blue
(Pick 1c, d), $10 (2), red (Pick 3c, 11a), $20, yellow
(Pick 12) uncirculated (5)
£60-80
SOMALIA
SIERRA LEONE
†1279
Banca Nazionale Somala, an obverse composite essay
on board for a 5 scellini, 1966, zero serial numbers,
pink-red and multicoloured, antelope head at left, also
an obverse essay for a 10 scellini, 1966, green and
multicoloured, flower at left (Pick 5, 6 for type),
unique (2)
£400-500
†1277
Bank of Sierra Leone, an obverse and reverse
composite essay on board for a $20, ND (ca. 1964),
zero serial numbers, violet, ship and port scene, reverse
violet, mining scene (Pick unrecorded), unique and
attractive
£300-400
†1280
Banca Nazionale Somala, an obverse and reverse
composite essay for a 100 scellini, Mogadiscio, 1962,
serial number A/1 000000, dark green and
multicoloured, leopard at left, bank building at centre,
reverse multicoloured, value (Pick unrecorded design),
unique (2)
£400-600
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
SOLOMON ISLANDS
†1284
Solomon Islands Monetary Authority, $5, blue,
$10, red, $20, orange brown, all A/1 000000, all ND
(1977), all Elizabeth at right, signature 2, 2 and 4
respectively (Pick 6bs, 7bs, 12s), uncirculated, scarce
(3)
£150-200
†1281
Banca Nazionale Somala, specimen 5 scellini, red, 10
scellini, green, 20 scellini, brown and 100 scellini,
blue, all 1968 (Pick 9s, 10s, 11s, 12s), perforated, good
extremely fine and rare (4)
£350-450
SOUTH AFRICA
†1282
Central Bank of Somalia, an obverse and reverse
composite essay for a 1000 shillings, 1990, red zero
serial numbers, purple and multicoloured, women
weaving baskets at centre, reverse purple, the Port of
Mogadishu (Pick 37apr), unique and very attractive
£150-200
x1283
Baanka Somaliland, specimen 5, 10, 20, 50 and 100
Somaliland shillings, 1994, all zero serial numbers,
various colours on multicolour underprints, first four
with Great Kudu at right, building at centre, reverse
camel traders, last with building at centre, reverse
sheep and ships (Pick 1s-5s), overprinted SPECIMEN,
specimen numbers in low left margin, uncirculated (5)
£150-250
1285
Cape of Good Hope Bank, unissued 200 rixdollars
(2), 29 April 1830, black and white with title at top
TWO HUNDRED (Pick S -), good extremely fine and
scarce (2)
£300-400
293

WORLD BANKNOTES
†1286
The Natal Bank Limited, an essay on board for a £1,
18- (ca 1913), blue and multicoloured, arms and
maidens top centre, value at centre and at each corner
(Pick S466 for similar), annotation ‘appproved 6/1/13’
on mount, very rare
£500-700
†1288
African Banking Corporation, specimen £5,
Pretoria, Transvaal issue, ND (ca 1900), red serial
number T/5A 56001-T/5A61000, black and pale
brown, maiden at left, value at right, reverse brown,
map of Africa at centre, value at left and right and at
each corner (Pick S554), perforated CANCELLED,
good extremely fine and rare
£300-500
1287
The Natal Bank Limitd, specimen/colour trial
5 pounds, 18-, no serial numbers, blue on yellow
underprint, arms and allegorical maidens at top centre,
value at centre and each corner, reverse blue-black
(Pick S496 for type), perforated SPECIMEN, about
uncirculated, rare
£400-600
x1289
The Netherlands Bank of South Africa, specimen
£5, 1920, red zero serial numbers, brown, arms at top
centre, value at each corner, reverse arms at left, value
at centre and each corner, English text (PS 634s),
punched star hole cancelled, annotated with the number
‘4629’ in top margin, about uncirculated and scarce
£400-500
1290
De Nationale Bank, £1, March 1892, serial number
A 11069, black and white, President Kruger at left,
value at right, arms top centre, value in pale blue
underprint at centre, three manuscript signatures low
centre, reverse blue and right, value in blue at corner
(Pick 48a), split and rejoined, toned, about fine and
rare, first year of issue for type
£300-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†1294
South African Reserve Bank, specimen 10 shillings
(6), 1932, 1933, 1935, 1936, 1937, 1939, brown and
pink, value at centre and at each corner, Postumus
signature (Pick 82ds), ink annotation in top margin,
perforated, good extremely fine, rare (6)
£500-600
1291
South African Republic, 1 pond, 1901, 5 pond,
1900, 1 rand (2), 2 rand (2) (Pick 60c), first good fine,
second good very fine, balance uncirculated (6)
£100-120
†1295
South African Reserve Bank, specimen 10 shillings
(6), 1938, 1940, 1941, 1945, 1946, 1947, brown and
pink, value at centre and at each corner, Postumus
signature, last two de Kock signature (Pick 82ds, es),
ink annotation in top margin, perforated, good
extremely fine, rare (6)
£400-500
Reserve Bank
†1292
South African Reserve Bank, colour trial 10
shillings, 15 April 1941, no serial numbers, violet and
multicoloured, value at centre and at each corner,
Postumus signature, reverse blue and pale green, arms
at centre (Pick 82dct), perforated, red BRADBURY
seal low centre, uncirculated and rare
£500-700
†1296
South African Reserve Bank, specimen £1 (4), 1940,
prefixes A/99, A/100, A/101, A/102, black and pale
pink and yellow, galleon and allegorical scene at left,
first line of text in English, Postumus signature (Pick
84es), ink date in top margin, perforated, uncirculated
and rare (4)
£400-600
†1293
South African Reserve Bank, 10 shillings, 9
September 1931, serial number E/11000001-
E/111000000, fr brown and pink, value at centre and
at each corner, Clegg signature (Pick 82as), ink date in
top margin, perforated, good extremely fine and rare
£250-350
†1297
South African Reserve Bank, specimen £5 (2), 1941,
serial number B/16 500001-1000000 and B/17
000001-1000000, green and pale pink-red, galleon at
left, allegorical scenes in field, Postumus signature,
first line of text in English (Pick 86bs), ink date
‘3.9.40’ in top margin, good extremely fine, scarce (2)
£350-450
295

WORLD BANKNOTES
†1298
South African Reserve Bank, specimen £10, 19 April
1943, serial number F/2 000001-F/2 1000000,
yellow, brown and pale pink-red, galleon at left,
allegorical scenes in field, Postumus signature, reverse
brown, pale green (Pick 87s), perforated, uncirculated
and rare
£500-800
1301
South African Reserve Bank, a set of the 1948-59
Issue, all Jan Van Riebeeck at left, English bank legend
first, comprising 10 Shillings, 6. 3. 56, brown, reverse
lion and rope, £1, 1. 11. 55, blue, Table Mountain at
lower left, three ships at lower right, reverse lion and
rope, £5, 14 September 1951, dark green and brown,
the Great Trek at lower right, reverse sailing ship, and
£10, 14. 9. 55, brown-violet and green, woman and
child at lower right, various animals at lower left,
reverse mine (Pick 90c, 92d, 96a, 98), all pressed thus
extremely fine (4)
£70-90
†1302
South African Reserve Bank, colour trial 10
shillings, ND (1948), olive and multicoloured, Van
Riebeeck at left, first line of text in Afrikaans, reverse
olive, arms at centre (Pick 91ct), perforated, red
SPECIMEN overprint, uncirculated, rare
£300-400
†1299
South African Reserve Bank, specimen 10 shillings
(5), 1948, 1950, 1951, 1953, 1954, brown and lilac
and green, Van Riebeeck at left, de Kock signatures
(Pick 90as, bs, cs), ink annotation, perforated, good
extremely fine, rare (5)
£400-500
†1300
South African Reserve Bank, specimen 10 shillings
(5), 1955, 1956, 1957, 1958, 1959, brown and lilac
and green, Van Riebeeck at left, de Kock signatures
(Pick 90cs), ink annotation, perforated, good extremely
fine, rare (5)
£400-500
1303
South African Reserve Bank, £1, 22 October 1957,
serial number B/202 982723, blue on multicolour
underprint, Van Riebeeck at left, ships at low right,
first line in Afrikaans, also 10/-, 4 December 1956,
serial number A/123 232968, red-brown and
multicolour, Van Riebeeck at left, first line in Afrikaans
(Pick 91d, 93e), original and fresh, about uncirculated
(2)
£80-120
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1308
South African Reserve Bank, £1 (8), 22 October
1957, two consecutive sets, serial numbers B/305
257413-16 and B/305 257428-30, blue on
multicolour underprint, van at left, ships at low right,
first line in English (Pick 92d), original and fresh,
about uncirculated (8)
£250-300
†1304
South African Reserve Bank, colour trial £1, ND (ca
1948), serial number 000000, green and
multicoloured, Van Riebeeck at left, galleons at right,
reverse green, arms at centre (Pick 92ct), perforated,
red SPECIMEN overprint, uncirculated and rare
£400-600
1309
South African Reserve Bank, £1 (4), 22 October
1957, serial numbers B/289 117662-65, blue on
multicolour underprint, Van Riebeeck at left, ships at
low right, first line in English (Pick 92d), original and
fresh, about uncirculated (4)
£120-160
1305
South African Reserve Bank, £1 (3), 23 September
1948, serial numbers B/13 478980-82, blue on
multicolour underprint, van at left, ships at low right,
first line in English (Pick 92a), original and fresh,
about uncirculated (3)
£120-160
†1310
South African Reserve Bank, specimen £1 (6), 1954,
1955, 1956, 1957, 1958, 1959, blue and pale green,
Van Riebeeck at left, galleons at right, de Kock
signature, first line of text in Afrikaans (Pick 93as, cs,
es), ink annotation in top margin, perforated, good
extremely fine, rare (6)
£400-600
†1306
South African Reserve Bank, specimen £1 (5), 1948,
1949, 1951, 1952, 1955, all are blue and pale green,
Van Riebeeck at left, galleons at right, de Kock
signature, first line of text in English (Pick 92bs, cs,
ds), ink date in top margin, perforated, good extremely
fine and rare (5)
£400-600
†1307
South African Reserve Bank, specimen £1 (6), 1953,
1954, 1956, 1957, 1958, 1959, blue and pale green,
Van Riebeeck at left, galleons at right, de Kock
signature, first line of text in English (Pick 92ds), ink
annotation in top margin, perforated, good extremely
fine, rare (6)
£400-600
†1311
South African Reserve Bank, specimen £1 (6), 1948,
1949, 1951, 1952, 1953, blue and pale green, Van
Riebeeck at left, galleons at right, de Kock signature,
first line of text in Afrikaans (Pick 93as, cs, es), ink
annotation in top margin, perforated, good extremely
fine, rare (6)
£400-500
297

WORLD BANKNOTES
1312
South African Reserve Bank, a group of the ND
(1961) issue, comprising, 1 rand (5), first line in
English, 1 rand (2), first line in Afrikaans, 2 rand (3),
first line in English, 2 rand (7), first line in Afrikaans,
10 rand, first line in Afrikaans, all with Van Riebeeck
at left (Pick 102b, 103a, 104a, 104b, 105a, 105b,
107a), several consecutive runs, some scarcer signatures,
10 rand pressed thus extremely fine, others about
uncirculated (18)
£250-300
1316
South African Reserve Bank, 10 rand, ND (1993),
prefix FS, green and white, rhinocerous at right, Stals
signature (Pick 123a), uncirculated and a misaligned
printing thus rare
£100-150
SOUTH KOREA
1313
South African Reserve Bank, specimen 20 rand, ND
(1961), serial number D/1 000000, purple and
multicoloured, Van Riebeeck at left, de Kock signature
(Pick 108s), perforated, uncirculated and scarce
£200-250
1314
South African Reserve Bank, 10 rand (7), ND
(1966), serial numbers C/9 790267-68, and C/9
790278-82, green on multicolour underprint, Van
Riebeeck at left, Capital building at centre, antelope at
low right, first line in English (Pick 113a), about
uncirculated (7)
£80-120
1315
South African Reserve Bank, 1 rand (23), ND
(1973-84), all replacement prefixes Z/34 and Z/35
red-brown, Van Riebeeck at left, with first line in
English (7) and first line in Afrikaans (14), all with Van
Riebeeck in watermark (Pick 115b, 116b), several
consecutive runs (23)
£180-220
†1317
Bank of Korea, a composite obverse essay on board
for a 1000 hwan, ND (ca 1958), serial number 00000,
green and multicoloured, Syngman Rhee at left, two
onagadori cockerels at centre in circular frame (Pick
unlisted), unique and attractive
£800-1,200
1318
Bank of Korea, 100 hwan, 1953-56 issue, block 127,
dark green on light green and yellow underprint,
Syngman Rhee at left, value at each corner, reverse
archway (Pick 19c), PMG55, about uncirculated, EPQ
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
SOUTHERN RHODESIA
†1319
Southern Rhodesian Currency Board, specimen
10/- (2), 1 September 1950, prefixes A/92-A/93 and
A/94-A/96, red-brown and pale green, George VI at
right, landscape low centre, arms top centre, Gordon
Munro signature at low right, two different signatures
at low left (Pick 9fs), ink date in top margin,
perforated, good extremely fine and rare (2)
£400-600
†1322
Southern Rhodesia Currency Board, specimen £1
(3), 1 September 1951, prefixes B/139-B/142,
B/143-B/146, B/147-B/151, green, lilac and pale
orange, George VI at right, pastoral scene at low left,
three different signatures at left, all Gordon Munro
signature at right (Pick 10fs), last date of issue for type,
ink date in top margin, perforated SPECIMEN, good
extremely fine and rare (3)
£800-1,200
†1320
Southern Rhodesian Currency Board, specimen
10/- (2), 1 September 1950, prefixes A/97-A/99 and
A/100-A/102, red-brown and pale green, George VI
at right, landscape low centre, arms top centre,
Gordon Munro signature at low right, two different
signatures at low left (Pick 9fs), ink date in top margin,
perforated, good extremely fine and rare (2)
£400-600
†1323
Southern Rhodesia Currency Board, specimen £1
(3), 1 September 1951, prefixes B/152-B/156,
B/161-B/161, B/165-B/168, green, lilac and pale
orange, George VI at right, pastoral scene at low left,
three different signatures at left, all Gordon Munro
signature at ight (Pick 10fs), last date of issue for type,
ink date in top margin, perforated SPECIMEN, good
extremely fine and rare (3)
£800-1,200
†1321
Southern Rhodesian Currency Board, specimen
10/- (3), 1 September 1950, prefixes A/103-A/105
and A/106-A/108, A/109-A/111, red-brown and
pale green, George VI at right, landscape low centre,
arms top centre, Gordon Munro signature at low
right, two different signatures at low left (Pick 9fs), ink
date in top margin, perforated, good extremely fine and
rare (3)
£600-800
†1324
Southern Rhodesia Currency Board, £1, Salisbury,
10 March 1954, serial number B/266 063119, green
and pale orange, Elizabeth II at right, pastoral scene at
left, Graffety-Smith signature, reverse green, ruins
(Pick 13c), original and fresh, almost uncirculated,
rare in this grade
£200-250
299

WORLD BANKNOTES
SPAIN
A Lovely Banco de Barcelona 50 Pesos
†1325
Banco de Barcelona, specimen 50 pesos, Barcelona, 18-, serie C, black and white
with a pink central panel, arms top centre, maiden (Spain) at left, maiden
(Barcelona) at right, counterfoil at left, reverse black, white and pink (Pick S244s,
Edifil A58 for type), beautiful and very impressive, good extremely fine and rare
£2,000-3,000
†1326
El Credito Balear, proof bearer note for 50 reales, Palma de
Mallorca, ND (ca 1864), serie B, black and white, arms and
allegorical symbols of commerce top centre, about extremely
fine, very rare
£250-350
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
A Gorgeous Early Bank of Spain 50 Escudos
†1327
El Banco de Espana, part issued 50 escudos, Madrid, 1 January 1866, serial number 157940, blue-green
and mauve-brown, maiden (Spain) at left with shield and lion, cherub top centre, medallic female head
at left and right centre, counterfoil at left, reverse brown and blue-green, inverted text and value (Pick
unlisted, Edifil B14s), beautiful, good extremely fine and excessively rare
£5,000-7,000
†1328
El Banco de Espana, specimen 50
pesetas, 15 July 1907, specimen 100
pesetas, 30 June 1906 and specimen
500 pesetas, 15 July 1907, all zero
serial numbers, all black and
multicoloured with allegorical figures
in field (Pick 63s, 59s, 65s), all with
official Spanish ‘Aprobado’ stamp and
manuscript date and signature on
attached paper, good extremely fine and
attractive, rare (3)
£600-1,000
1329
El Banco de Espana, a group of notes
including 25 pesetas (2), 50 pesetas
(2), 100 pesetas, purple, Cervantes at
left, 500 pesetas, green, Cardinal
Cisneros at left and 100 pesetas, blue,
San Fernando at right (Pick 74b, 75b,
76a, 77a, 78a), first two uncirculated,
balance original good very fine to
uncirculated (7)
£100-150
301
328

WORLD BANKNOTES
†1330
El Banco de Espana, a colour trial 500 pesetas, 15
August 1928, serial number A0, 000, 000, blue, green
and orange, Cardinal Cisneros at left, Toledo
Cathedral at low left (Pick 77ct), a lovely example,
perforated, uncirculated and very rare
£800-1,200
†1331
El Banco de Espana, specimen 50 pesetas, 25 April
1931, serial number 0, 000, 000, olive and
multicolour underprint, Rosales at left, reverse purple,
serial number at each corner, painting at centre of The
Death of Lucretia (Pick 82S), ‘aprobada’ manuscript
text in top margin and dated 18 December 1931, good
extremely fine, rare
£300-400
A Very Rare ‘Dame D’Elche’ 100 Pesetas
1332
El Banco De Espana, 100 pesetas, 11 March 1938, red serial number 6853549,
violet on multicolour underprint, Dame of Elche at left, galley at low centre, value
at centre and each corner, reverse avenue of palm trees, arms at top centre, value
at right (Pick 90), fresh and original good extremely fine, this note very rarely seen
with serial numbers, this extremely rare and attractive
£3,000-4,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1337
Government of the Straits Settlements, 10 cents, 25
February 1920, serial number C/8 09188, black and
green on yellow underprint, arms at top centre, value
at top left, reverse red, seal and date at centre (Pick
6c), fresh and original, extremely fine
£280-320
1333
El Banco de Espana, 500 pesatas, 19 February 1946,
serial number 2292159, dark blue on multicolour
underprint, Francisco de Vitoria at right, value at each
corner, reverse University of Salamanca gateway
flanked by values (Pick 132a), pressed, good extremely
fine, very scarce
£600-800
1338
Government of the Straits Settlements, 10 cents, 1
October 1917, serial number G/1 08401, black and
green on multicolour underprint, arms at top centre,
reverse red, crown at centre (Pick 6a), extremely fine
and scarce
£180-220
1334
Banco de Cadiz, 100 reales, 1862, green and brown,
Suscricion Volunteria, 100 and 500 reales, various
exchange bills (6), minor Bank of Spain notes and
private issues (13), also Papel de Fianzas (4), 1939,
mixed grades (32)
£150-200
STRAITS SETTLEMENTS
x1335
Government of the Straits Settlements, $1, 4
March 1915, serial number B/71 66338, black on red
paper, arms at top centre, value in underprint and at
left, reverse tiger and value (Pick 1c), a presentable
good fine
£180-220
x1339
Government of the Straits Settlements, 10 cents, 1
February 1918, serial number R/2 81351, green,
white and pale yellow, arms and value at centre,
signature of Marriott as Ag. (Acting) Treasurer low
right, reverse red, crown and value at centre (Pick 6b,
Tan S6a), fresh and uncirculated thus unusual and
quite rare in this grade
£400-500
x1336
Government of the Straits Settlements, 10 cents, 1
February 1918, serial number A/9 43124, green,
white and pale yellow, arms and value at centre,
signature of Pountney as Treasurer low right, reverse
red, crown and value at centre (Pick 6c, Tan S6), fresh
and uncirculated thus unusual and quite scarce in this
grade
£300-400
x1340
Government of the Straits Settlements, 10 cents, 14
October 1919, serial number A/10 05373, red and
green on olive-brown underprint, arms at top centre,
reverse green, stylised dragon and values (Pick 8a),
pressed but still a very pleasing extremely fine, scarce
£220-260
303

WORLD BANKNOTES
x1341
Government of the Straits Settlements, 10 cents, 14
October 1919, prefix C/6, red, pale brown and green,
arms and value at centre, signature of Pountney as
Treasurer low right, reverse green, dragon at centre
(Pick 8b, Tan S8), extremely fine
£100-150
x1342
Government of the Straits Settlements, 10 cents, 14
October 1919, prefix F/37, red, pale brown and
green, arms and value at centre, signature of Pountney
as Treasurer low right, reverse green, dragon at centre
(Pick 8b, Tan S8), uncirculated thus scarce
£150-200
1343
Government of the Straits Settlements, colour trial $1, 1
January 1925, black serial number K/1 00000, blue and
multicoloured, palm trees and huts in field, arms top centre,
Pountney signature, reverse blue and green, shoreline and
palm trees (Pick 9ct, Tan S9), mounting traces, red De la
Rue oval stamp, good extremely fine and very rare, attractive
£2,500-3,500
x1344
Government of the Straits Settlements, $1, 1
January 1925, prefix J/28, red and mauve, palm trees
and huts at left and right, arms top centre, Pountney
low centre, reverse red, shoreline at centre, value at left
and right (Pick 9a, Tan S9), in PMG holder 25, very
fine, scarce
£200-250
x1345
Government of the Straits Settlements, $1, 1
January 1930, serial number N/78 90577, red on
mauve underprint, arms at top centre, palms at left,
huts, boat and palms at right, value at centre and each
corner, reverse red, beach scene flanked by values (Pick
9b), fresh, original extremely fine, scarce and attractive
£400-600
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
A Colour Trial $10 of 1925
1346
Government of the Straits Settlements, colour trial $10, 1 January 1925, black
serial number C/82 00000, green and multicoloured, river, palms and huts low
centre, arms top centre, value at centre and at each corner, Pountney signature
reverse green, bullock cart at centre, value at left and right (Pick 11ct, Tan S 11),
mounting traces, De la Rue oval stamp, good extremely fine and very rare and
attractive
£5,000-7,000
x1347
Government of the Straits Settlements, $10, 1
January 1925, serial number C/49 12381, purple,
arms at top centre, huts and boats at low centre, value
in yellow at low left and at each corner (Pick 11a),
some small stains, about very fine
£450-550
1348
Government of the Straits Settlements, $10, 1
January 1925, serial number C/49 12381, purple,
arms at top centre, huts and boats at low centre, value
in yellow at low left and at each corner (Pick 11a), good
fine
£350-450
305

WORLD BANKNOTES
x1349
Government of the Straits Settlements, $50, 24
September 1925, serial number B/5 65940, blue on
grey-violet underprint, George V at top centre, tiger
below, value at low left and right (Pick 12a), graffiti
and rubber stamp on reverse, an original and
presentable fine
£600-800
x1351
Government of the Straits Settlements, $1, 1
January 1935, serial number K/56 12834, dark blue
on multicolour underprint, George V at right, value at
centre and each corner, reverse dark blue, tiger at
centre, woman’s head at left, value at each corner (Pick
16b), bright and fresh, about uncirculated
£250-300
x1352
Government of the Straits Settlements, $1, 1
January 1935, serial number L/23 69343, blue and
multicoloured, George V at right, Currall signature,
reverse blue, tiger at centre (Pick 16b, Tan S17d),
uncirculated and a lovely example, scarce when perfect
£150-200
x1350
Government of the Straits Settlements, $100, 24
September 1925, serial number B/3 71586, dark red
on olive underprint, George V at top centre, tiger
below, value at low left and right (Pick 13), graffiti on
reverse, an original and attractive fine, scarce
£1,500-1,800
x1353
Government of the Straits Settlements, $10, 1
January 1935, serial number C/35 09148, green and
multicoloured, George V at right, reverse green, tiger
at centre, medallic female head at left (Tan S19d), in
PMG holder 35, choice very fine, scarce
£600-800
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
SUDAN
x1354
Sudan Currency Board, specimen 25 piastres, 1956,
serial number A/A 000000, red on multicolour
underprint, soldiers at left, value at centre right and
each corner (Pick 1As), cancellation hole, black
SPECIMEN overprint, PMG 64, choice uncirculated,
EPQ
£150-200
x1355
Sudan Currency Board, specimen £1, 1967, serial
number C/OO 0000000, blue on multicolour
underprint, aerial view of dam at left, value at each
corner (Pick 8ds), perforated with number 1713, red
CANCELLED overprint, PMG 64, choice uncirculated
£100-150
1356
Bank of Sudan, specimen 1 pound, 1961, serial
number C/16 0000000, blue and multicoloured, dam
at left (Pick 8a), red SPECIMEN overprint, perforated,
mounting traces, otherwise about uncirculated, scarce
£80-120
x1358
Bank of Sudan, a group of specimens from the 1981
and 1983 issues, comprising specimen 25 and 50
piastres, 1, 5, 10 and 50 pounds, 1981, and 25
piastres, 5 and 10 pounds, 1983 (Pick 16s-21s and
23s, 26s, 27s), first very fine, others about uncirculated
(9)
£250-350
x1359
Bank of Sudan, specimen 5 and 10 dinars,
1993/AH1431, zero serial numbers, dark brown and
red respectively on multicolour underprint, Peoples
Palace at low right, tree at centre (Pick 51s, 52s),
overprinted SPECIMEN, uncirculated (2)
£80-120
SURINAM
x1357
Bank of Sudan, specimen set of the 1961-64 issue,
comprising 25 piastres, red, 50 piastres, green, 1
pound, blue, 5 pounds, brown and 10 pounds, black
(Pick 5s-10s), cancellation holes, overprinted
CANCELLED or SPECIMEN, about uncirculated or
better (5)
£600-800
x1360
Dutch Administration of Surinam, a specimen set of
the 1961-1965 series comprising 1 gulden, 1965, 2 1 ⁄2
gulden, 1961 and 5, 10, 25, 100 and 1000 gulden,
1963 (Pick 116as, 117as, 120s-124s), some with faint
glue traces otherwise uncirculated and rare in specimen
format (7)
£3,000-3,500
307

WORLD BANKNOTES
SWEDEN
A Beautiful Christianstads 500 Kronor of 1875
†1361
Christianstads Enskilda Bank, Sweden, specimen 500 kronor, 1875, serial number
A 05001, black, pink and orange, King Christian IV of Demmark at left, arms at
right, value at centre and at each corner, reverse pink and orange, medallic female
head at left and right (Pick S134s), perforated, good extremely fine, a most handsome
note, lovely and extremely rare
£1,500-2,000
x1362
Gefleborgs Enskilda Bank, specimen 10 kronor,
Gefle, D 100001, black, pink and green, maiden with
caduceus, arms at right, reverse green and pale red,
king at centre (Pick S180s), in PMG holder 55, about
uncirculated, scarce
£150-200
x1363
Goteborgs Enskilda Bank, specimen 10 kronor,
Goteborg, 1879, I000001- 100000, black, blue and
pale yellow, King Gustav II at left, arms at right,
reverse orange and blue, medallic female head at
centre (Pick S228As), in PMG holder 50, about
uncirculated, scarce
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†1364
Helsinglands Enskilda Bank, specimen 10 kronor,
Soderhamn, 1879, black, brown and pale blue, maiden
at left, arms at right, also a Malare Enskilda Bank
specimen 10 kronor, Westeras, 1894, prefix L, black,
brown and mauve, maiden and child at left (Pick
S265s, 331s), perforated SPECIMEN, good extremely
fine and rare (2)
£500-600
x1366
Skanes Enskilda Bank, specimen 10 kronor, Malmo,
1876, serial number P 100001, black, blue and pale
yellow, maiden with corn sheaf (Ceres), arms at right,
reverse blue and pale brown, Mercury at left and right
(Pick S461s), in PMG holder 61, uncirculated, scarce
£150-200
†1365
Norkoppings Enskilda Bank, specimen 100 kronor,
1877, serial number A 20001-30000, black, orange
and blue, maiden spinning top centre, arms at left and
rigt, value at centre and at each corner, reverse orange
and blue, medallic female head at left and right, value
at centre and at each corner (Pick S364s), perforated
SPECIMEN, ink date ‘3 Jan 1900’ top left, good
extremely fine, attractive and rare
£700-900
x1367
Stockholms Enskilda Bank, specimen 50 kronor,
1876, red serial number 40001-60000, green and
black, view of Stockholm top centre, Svea at left, King
Gustav at right, reverse green and red, medallic head
at left and right (Pick S512s), in PMG holder 62, pencil
date top left, uncirculated
£450-500
309

WORLD BANKNOTES
A Lovely Stockholms 1000 Kronor
†1368
Stockholms Enskilda Bank, specimen 1000 kronor, 1876, red serial number 05001, green, black
and pale blue, Svea, arms and lion at left, view of Stockholm at top centre in oval frame, reverse pink
and green, female head at left and right, value at centre (Pick S514s), perforated, uncirculated and
very attractive, extremely rare
£3,000-4,000
1369
Sveriges Riksbank, specimen/partial die proof 10000 kronor, ND (1958), brown and pale green,
King Gustav VI Adolf at right, value at centre and low right, reverse arms and value for a 10 kronor
(see Pick 49 for type), ink annotation ‘G1’ in top left corner, perforated PROFTRYK top left, heavily
engraved and presumably an experimental printing with partial design of the 10 kronor on reverse.
Good extremely fine and extremely rare
£1,500-2,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
SWITZERLAND
†1370
La Cassa Federale, specimen 10 franchi, Berna, 10 August 1914, serial number A00001-A00001
blue and pale brown, Liberty at left, William Tell at right, value at centre and at each corner, Italian
text, reverse brown and blue (Pick 19s, Richter-Kunzmann KS6b), perforated, pencil date ‘Dec 1887’
in top left margin, uncirculated and the rarer Italian variety
£1,500-2,000
1371
Schweizerische Nationalbank, 10 franken, 29
November 1956 and 100 franken, 2 January 1965,
also 10 franken, 1991 (Pick 45c, 48e, 53i), first two
extremely fine to about uncirculated, last uncirculated
(3)
£70-100
1372
Swiss National Bank, specimen 100 francs (2), 1956,
1957, prefixes 1A and 13A, blue and bronze, boy with
lamb at right (Pick 49as, 49bs), red De la Rue seal,
mounting traces, thus about uncirculated and the rare
first prefix for series (2)
£350-450
1373
Swiss National Bank, specimen 1000 francs, 30
September 1954, serial number A1 00000, violet, blue
and green, Helvetia at right, value in blue at left
centre, reverse violet, ‘Dance Macabre’ (Pick 52as),
red De la Rue seal, mounting traces, thus about
uncirculated and the very rare first prefix for series
£600-800
311

WORLD BANKNOTES
SYRIA
x1374
Banque de Syrie, a star cancelled specimen set of the 1919 series comprising 5, 25,
50, 100 and 500 piastres (Pick 1a, 2, 3, 4, 5, Djaroueh 118, 120, 121, 123, 125),
all are star punch cancelled, red SPECIMEN overprint, secret marks, paperclip mark
on 5 and 50 piastres otherwise extremely fine and rare (5)
£3,000-3,500
x1375
Banque de Syrie, 5 piastres, 1 August 1919, serial
number A/AA 048704, green, orange and
multicoloured, the ruins at Baalbek at low centre,
reverse blue and red, lion’s head at centre (Pick 1a,
Djaroueh 118), central crease otherwise good very fine,
scarce
£300-350
1376
Banque de Syrie, 5 piastres, 1 August 1919, serial
number A/W 001247, green and multicoloured, the
pillars of Baalbek low centre, Berard and Stobert
signatures (Pick 1A, combined style for Lebanon and
Syria), central crease otherwise an original good very
fine, pleasing, scarce
£400-500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1377
Banque de Syrie, 5 piastres, 1 August 1919, serial number A/D 093476, green
and multicoloured, the ruins at Baalbek at low centre, reverse blue and red, lion’s
head at centre (Pick 1b, Djaroueh 119), central crease otherwise a pleasing good very
fine, scarce
£300-350
x1378
Banque de Syrie, 25 piastres, 1 August 1919, serial
number B/A 049111, blue, pale orange and
multicoloured, the Umayyad Mosque in Damascus at
centre, value at each corner, reverse green and pinkred,
value and horse (Pick 2, Djaroueh 120), good very
fine and rare
£1,500-1,800
x1379
Banque de Syrie, 50 piastres, 1919, serial number
C/AU 004942, brown, pale pink, yellow and blue,
view of Sultanieh at centre, reverse pink and green,
value at centre and at each corner (Pick 3, Djaroueh
121), a faint central crease otherwise a pleasing
extremely fine and rare
£2,500-2,800
x1380
Banque de Syrie, 1 piastre, 1 January 1920, serial number Z/C 633829, blue,
pale pink and green, value at centre and at each corner, reverse brown, purple and
white, the pillars at Baalbek at centre (Pick 6, Djaroueh 129), good extremely fine
and scarce especially in this grade
£200-250
313

WORLD BANKNOTES
x1381
Banque de Syrie, 10 piastres, 1 January 1920,
serial number J/H 002358, green-blue and
multicoloured, landscape and campfire, reverse
red and violet, value at centre and at each corner
(Pick 7a, Djaroueh 141), about extremely fine,
original fabric and rare thus
£1,000-1,200
1382
Banque de Syrie, specimen 50 livres, 1 January
1920, no serial numbers, blue, green and orange,
street scene at left, Berard and Stobert signatures,
reverse purple, green and mauve, dhows at centre
(Pick 9s, Djaroueh SY 10), perforated
SPECIMEN, uncirculated and rare
£2,500-3,000
†1383
Banque de Syrie, specimen 50 livres, Beyrouth,
1 January 1920, green, pale yellow, orange and
lilac, Syria street in Beirut at left, value in field,
reverse purple and multicoloured, feluccas and
mountains at centre, value at left and right (Pick
9s, Djaroueh SY20), perforated SPECIMEN,
uncirculated and rare
£800-1,200
1384
Banque de Syrie, 100 piastres, 1 July 1920,
serial number D/AN 008819, pale orange, tan
and green and purple, the pillars of Baalbek low
ceentre, Berard and Stobert signatures (Pick 15,
combined style, Djaroueh SY 21), almost very
fine, rare
£2,000-2,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1385
Banque de Syrie, 100 piastres, 1 January 1920, serial number D/CC 002637, brown-purple and
multicoloured, the Pillars at Baalbek at left, reverse blue and multicoloured, city view, horse top left
and right, value at each corner (Pick 15, Djaroueh 145), two faint creases otherwise a fresh and
original almost extremely fine thus rare, attractive
£3,000-3,400
x1386
Banque de Syrie et du Grand-Liban, specimen 100 livres, 1 November 1930, zero serial numbers,
red and multicoloured, ornate background detail, value in red low left and right, reverse pink and
yellow and blue, incense burner low left and right, view of a Mosque top centre, SYRIE in blue top
centre (Pick 33, Djaroueh 179), black SPECIMEN handstamp, uncirculated and very rare
£2,500-3,000
315

WORLD BANKNOTES
x1387
Banque de Syrie et du Grand-Liban, 1 livre, 1
February 1935, serial number R472-706, pink-brown
and multicoloured, value low left and right, ornate
background detail, Berard and Laferriere signatures,
reverse harbour and coastline, SYRIE in blue top
centre (Pick 34, Djaroueh 183), faint central crease
otherwise an original extremely fine and rare in this
grade
£1,000-1,200
x1388
Banque de Syrie et du Grand-Liban, 1 livre, 1939
(old date 1 February 1935), serial number Z-530-319,
pink-brown and multicoloured, black SYRIE 1939
overprint at centre, Berard and Laferriere signatures,
reverse brown, pink and yellow, blue SYRIE top
centre, coastal town in field (Pick 39A, Djaroueh
212), extremely fine
£500-600
x1389
Banque de Syrie et du Grand-Liban, specimen 50 livres, 1
January 1938, zero serial numbers, blue, gold, pink and pale
blue-green, value at low left and low right, grapes low
margin, Laferriere signature at left, reverse green and
multicoloured, house at centre, SYRIE in blue top centre,
value in red top right centre and at each corner (Pick 39,
Djaroueh 199), black SPECIMEN overstamp, uncirculated
and rare
£2,800-3,200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1390
Banque de Syrie et du Liban, specimen 100 livres,
1949, zero serial numbers, pink and multicoloured,
ornate background detail, value in blue at left and
right, cedar tree at centre in background, Busson
signature at left, reverse pink and yellow and blue,
incense burner low left and right, view of a Mosque
top centre, bank title in red top centre (Pick 67,
Djaroueh 209), perforated SPECIMEN, uncirculated
and rare, a lovely note
£2,000-2,400
x1393
Banque de Syrie et du Liban, 5 livres, 1 September
1939, prefix K/C 072717, black multicoloured, cedar
tree at right, value at left, horse in margin top left and
right, blue diagonal overprint, Berard and Laferriere
signatures, reverse landscape and buildings (Pick 41b,
Djaroueh 267), pressed, almost very fine
£500-600
x1391
Banque de Syrie et du Grand Liban, 1 livre (5), 1
September 1939, prefixes J/W, J/AN, J/BW, J/EV,
J/FY, green and multicoloured, the Pillars at Baalbek
at left, various War time overprints (a complete set of
the five varieties), reverse RED, GREEN AND PALE
BROWN, city view (Pick 40a, b, c, e, f, Djaroueh 255,
257, 259, 261, 263), fresh, good extremely fine to
uncirculated thus rare especially as a set (5)
£1,000-1,200
†1394
Banque de Syrie et du Grand-Liban, an obverse and
reverse uniface die proof for a 10 livres, ND (1938),
violet and white, the clock tower in Aleppo at left,
reverse violet and white, the ancient port of Lattakieh
in oval frame at centre, value at left and right (Pick
unlisted for Grand-Liban, Djaroueh unlisted, Ayoub
unlisted), a handsome and fresh example, typed date
‘1.12.38’ in top margin, good extremely fine and very
rare (2)
£1,000-1,500
1392
Banque de Syrie et du Liban, 1 livres (3), 1
September 1939, one with SYRIE overprint, others
with LIBAN overprint, all dark green on multicolour
underprint, Pillars of Baalbeck at left (Syria, Pick 40c,
Lebanon, Pick 26b), presentable and fine to very fine
(3)
£120-160
317

WORLD BANKNOTES
x1395
Banque de Syrie et du Liban, 50 livres, 1 September 1939,
serial number N/T 027539, brown and multicoloured, Syria
street in Beirut at left, green lozenge overprint, value at each
corner, SYRIE in margin top centre, Berard and Laferriere
signatures, reverse blue and lilac and orange, feluccas and
coastline, green lozenge overprint (Pick 44, Djaroueh
SY88), an original example with good fabric, extremely fine
and rare in this grade
£2,500-2,800
1396
Banque de Syrie et du Liban, 25 livres, 1 September 1939,
serial number M/S 029495, purple and multicoloured,
camel train and cemetery at centre, value at left and right and
at each corner, reverse green and multicoloured, well at
centre (Pick 43d, Djaroueh SY 85), very good to fine
£100-150
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
x1397
Banque de Syrie et du Liban, Bon de Caisse, 5 livres, 1
August 1942, serial number Z-E 051910, blue-green and
white, value at centre, left and right, reverse blue and white,
value at left and right (Pick 46, Djaroueh 323), pressed, small
tear repaired at top left, almost very fine and vey rare as a type
£3,000-3,500
x1398
Banque de Syrie et du Liban, specimen 25 livres, 1
April 1947, zero serial numbers, pale blue-green and
multicoloured, value at left and right, ears of corn at
left and right, reverse blue and multicoloured, flowers
low left and right, fortress on hillside top centre (Pick
59, Djaroueh 341), star cancellation perforations at
left and right centre and red handstamp ‘BILLET
SPECIMEN NON REMBOURSABLE’, light foxing
otherwise uncirculated
£1,000-1,200
1399
Banque de Syrie et du Liban, 50 livres, 1947, serial
number L.16-831, pale blue and multicoloured, value
in red at right, green Republic seal at centre, Busson
signature at left, reverse multicoloured, house at
centre (Pick 60, Djaroueh SY111), slight thinning at
top, central crease, otherwise quite fresh and paper
original, good very fine, rare
£1,200-1,800
319

WORLD BANKNOTES
1400
Banque de Syrie et du Liban, 5 livres, 1948, serial
number V.41-232, red, green and multicoloured,
floral background, reverse multicoloured, courtyard of
the Azam Palace at centre, value in blue at left and
right (Pick 62, Djaroueh SY114), small split at right,
good fine
£350-450
1402
Banque de Syrie et du Liban, 10 livres, 1949, serial
number F69-618, pale brown, blue and multicolour,
value in red at right, Busson signature low left, reverse
multicoloured, the temple of Mercury left centre (Pick
64, Djaroueh SY116), almost very fine and rare
£1,000-1,500
x1401
Banque de Syrie et du Liban, specimen 10 livres, 1
July 1949, zero serial numbers, pale brown and
multicoloured, value in red at right, Busson signature
at left, reverse red and blue, the Temple of Mercury at
centre, value in red at each corner (Pick 64, Djaroueh
361), perforated SPECIMEN, uncirculated and rare
£1,500-1,800
x1403
Banque de Syrie et du Liban, specimen 25 livres, 1
July 1949, zero serial numbers, blue, gold, pink and
pale blue, value low left and right, Busson signature
low left, reverse blue and multicoloured, flowers at left
and right, fortress on hillside top centre (Pick 65,
Djaroueh 363), perforated SPECIMEN, uncirculated,
attractive and rare
£2,000-2,400
WWW.SPINK.COM
x1404
Banque de Syrie et du Liban, specimen 50 livres, 1
July 1949, zero serial numbers, pink, blue, gold and
pale blue, ornate background detail, value low left and
right, Buson signature low left, reverse blue and
multicoloured, house at centre, value at each corner
(Pick 66, Djaroueh 367), perforated SPECIMEN,
uncirculated and a handsome note, rare
£2,000-2,400

April 10, 11 & 12, 2013 - LONDON
1405
Banque de Syrie et du Liban, 100 livres, 1949, serial
number A.25-818, pale pink and multicoloured,
ornate background detail, green state arms and
‘Ministry of Finance’ handstamp at top centre, reverse
blue and multicoloured, view of Damascus at centre,
incense burner at left and right (Pick 67, Djaroueh
SY122), attractive and fresh extremely fine, thus rare
£2,000-2,500
x1407
Institut D’Emission de Syrie, 1 livre (3), ND
(1950’s), three consecutive notes, brown-purple and
multicoloured, arms at right, reverse the inner yard of
the Umayyad Mosque in Damascus (Pick 73,
Djaroueh 376), consecutive thus rare (3)
£600-700
x1406
Banque de Syrie et du Grand-Liban, specimen 100
livres, 1930 (1939), zero serial numbers, red, pale blue
and multicoloured, cedar tree at centre, ornate
background detail, pine cones at left and right, Berard
and Laferriere signatures, black SYRIE 1939 top
centre and red arc in field, reverse red, mauve and
multicoloured, incense burner at left and right, red arc
in field, view of Mosque top centre, blue SYRIE top
centre (Pick 33, Djaroueh SY48), perforated
SPECIMEN, uncirculated, attractive and very rare
£2,000-2,500
x1408
Banque Centrale de Syrie, 1 livre, 1957, brownpurple
and multicoloured, arms at right, reverse the
inner yard of the Umayyad Mosque in Damascus (Pick
79, Djaroueh 394), extremely fine
£200-250
x1409
Banque Centrale de Syrie, 5 livres, 1957, brown and
multicoloured, urn at centre, arms at right, reverse the
Citadel of Aleppo (Pick 80, Djaroueh 395), pressed
fine
£350-400
321

WORLD BANKNOTES
x1410
Banque Centrale de Syrie, 10 livres, 1957, blue and
multicoloured, arms at right, reverse blue-green,
DEUXIEME EMISSION, Tekkiye Suleimanie (Pick
82, Djaroueh 389), a fresh extremely fine, scarce
£500-550
x1413
Banque Centrale de Syrie, 100 livres, 1958, blue and
multicoloured, arms at right, reverse blue, water
wheels and aqueduct (Pick 85, ISS 401), quite fresh,
extremely fine and scarce
£500-550
x1411
Banque Centrale de Syrie, 25 livres, 1955, red and
multicoloured, arms at right, reverse red,
DEUXIEME EMISSION, the ruins at Palmyra (Pick
83, ISS 391), pressed but still attractive very fine, rare
£1,500-1,800
1414
Banque Centrale de Syrie, 100 Syrian pounds, 1958,
serial number 354128, blue and multicolour, arms at
right, value at each corner, reverse blue, aqueduct and
water wheels, bank title in French (Pick 85, Djaroueh
SY134), fresh and original, about uncirculated, rare
£1,200-1,600
x1412
Banque Centrale de Syrie, 50 livres, 1958, green and
multicoloured, arms at right, reverse green, the inner
yard of the Azem Palace in Damascus (Pick 84, ISS
399), good very fine and scarce
£500-550
†1415
Central Bank of Syria, die proof stage proofs (3) for
a 25 Syrian pounds, ND (type of 1966), violet and
white, man at loom and the theatre at Bosra, also a
specimen 25 livres, 1966, brown and green (see Pick
96 for type, 96as), good extremely fine and very rare (4)
£250-350
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†1416
Central Bank of Syria, an obverse and reverse composite
essay for a 100 Syrian pounds, 1977, blue-green and
multicoloured, Queen Zenobia at right, the ruins of Palmyra
at centre, reverse pale blue, the Grain Silos at Lattakia at
centre (Pick 104 for type), possibly the finished model for the
issue, unique (2)
£350-550
†1417
Central Bank of Syria, an obverse and reverse
composite essay on board for a 10 Syrian pounds,
1974, blue and multicoloured, carving of a head at
right, courtyard at centre, reverse blue and
multicolour, palace at left (Pick unrecorded type),
unique (2)
£300-400
†1418
Central Bank of Syria, an obverse and reverse
composite essay on card for a 50 pounds, pink, brown
and green, maiden at left with flowers, reverse brown,
pink and green, combine harvesters (Pick unrecorded),
unique and pretty (2)
£500-700
323

WORLD BANKNOTES
TAHITI
1419
Banque de l’Indochine, Papeete, specimen 5 francs,
ND (1927), serial number 0.00 000, brown on light
green underprint, helmeted female head at low left,
value at upper left and right, reverse text, value at low
right (Pick 11bs), perforated SPECIMEN, one corner
bend at top left, otherwise about uncirculated and scarce
£250-350
1422
Banque de l’Indochine, Papeete, specimen 1000
francs, ND (1940-57), serial number O.00 000,
multicoloured, seated woman at right, market scene at
at left, reverse man with spear at right, woman with
basket at left (Pick 15bs), lovely and crisp, about
uncirculated, attractive and scarce
£400-500
1420
Banque de l’Indochine, Papeete, specimen 100
francs, ND (1939-65), serial number O.00 000,
multicoloured, woman with wreath and small statue of
Athena at centre, value at low centre and low right,
reverse Angkor statue (Pick 14bs), perforated
SPECIMEN, about uncirculated to uncirculated
£300-400
x1423
Banque de l’Indochine, Papeete, specimen 100
francs, ND (c1940), serial number Z.145 874,
multicoloured, woman with globe and small figure of
Athena at centre, value at low right, reverse Angkor
statue, red overprint PAPEETE on Noumea issue
(Pick 16As), red overprint SPECIMEN, staple holes at
top left and rust mark in top margin but PMG 64,
choice uncirculated, scarce
£400-500
1421
Banque de l’Indochine, Papeete, specimen 100
francs, ND (1939-65), serial number O.00 000,
multicoloured, woman with wreath and small statue of
Athena at centre, value at low centre and low right,
reverse Angkor statue (Pick 14bs), perforated
SPECIMEN, about uncirculated to uncirculated
£300-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1425
Banque de l’Indochine, Papeete, specimen 20 francs
(3), ND (1951), all serial number O.0 000,
multicoloured, youth at left, shepherd at centre left,
flute player at right, value at top right, reverse woman
at centre right, fruit at left (Pick 21as), perforated
SPECIMEN, about uncirculated or better (3)
£250-350
1424
Banque de l’Indochine, Papeete, specimen 20 francs
(3), ND (1951), all serial number O.0 000,
multicoloured, youth at left, shepherd at centre left,
flute player at right, value at top right, reverse woman
at centre right, fruit at left (Pick 21as), perforated
SPECIMEN, about uncirculated or better (3)
£250-350
1426
Banque de l’Indochine, Papeete, specimen 20 francs
(2), ND (1951), both serial number O.0 000,
multicoloured, youth at left, shepherd at centre left,
flute player at right, value at top right, reverse woman
at centre right, fruit at left (Pick 21as), perforated
SPECIMEN, about uncirculated or better (2)
£170-220
THAILAND
An Extremely Rare Hong Kong Bank Issue for a 1 Tical of 1890
x1427
Hong Kong and Shanghai Banking Corporation, Thailand, 1 tical, Bangkok, 1 July 1890,
handstamped serial number 8682, orange-brown and pale green, arms top centre, value at centre
and at each corner, manuscript date and signature low left, printed signature of E.R.M.Smith low
right, reverse brown, Siamese text at centre (Pick S121, see note in Pick with reference to Chinese
variety), a presentable very good with a tear in left, additional Chinese text at left and right and in top
margin, this the much rarer variety
£7,000-9,000
325

WORLD BANKNOTES
1428
Government of Siam, colour trial 1 baht, 1 April 1925, serial number A/93 01225
purple and pale yellow, Garuda bird top left, three headed elephant low right, reverse
purple and pale brown, ceremonial procession in oval frame at centre (Pick 16ct),
mounting traces, perforated, black De la Rue oval seal low left, good extremely fine and
rare
£1,000-1,500
A Colour Trial 1000 Baht
1429
Government of Siam, colour trial 1000 baht, 1 April 1925, serial number P/4
01225, Garuda bird top left, three headed elephant low right, reverse lilac and
brown, ceremonial procession in oval frame at centre (Pick 21ct), mounting traces,
red SPECIMEN overprint, good extremely fine and rare
£3,000-5,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1430
Government of Thailand, specimen 1 baht (3), ND
(1955), blue and pale green, King Rama VIII at left,
floating palace at centre, signature 34, 36, 38, (Pick
74as, ds), De la Rue seal, mounting traces, thus about
uncirculated and rare (3)
£300-400
1433
Government of Thailand, specimen 20 baht (2), ND
(1953), green and multicoloured, King Rama VIII at
left, temple at centre, signatures 34, 35 (Pick 77bs, cs),
De la Rue seal, mounting traces, thus about
uncirculated and rare (2)
£400-500
1431
Government of Thailand, specimen 5 baht (3), ND
(1956), purple and multicoloured, King Rama VIII at
left, temple at centre, signatures 34, 35, 38, (Pick
75as, cs, ds), De la Rue seal, mounting traces, thus
about uncirculated and rare (3)
£400-500
1434
Government of Thailand, specimen 100 baht (2),
ND (1955), prefixes B/69, B/94, red and
multicoloured, King Rama VIII at left, temple at
centre, no signatures (Pick 78s), black De la Rue seal,
mounting traces, thus about uncirculated and rare (2)
£400-600
1432
Government of Thailand, specimen 10 baht (2), ND
(1953), brown and multicoloured, King Rama VIII at
left, fortress at centre, signatures 34, 35, (Pick 76bs,
cs), De la Rue seal, mounting traces, thus about
uncirculated and rare (2)
£350-450
1435
Government of Thailand, specimen 10 baht, ND
(1955), brown, specimen 20 baht, green and specimen
100 baht, red, all zero serial numbers and King Rama
VIII at left (Pick 76s, 77s, 78s), De la Rue seal,
mounting traces, thus about uncirculated and rare (3)
£450-650
327

WORLD BANKNOTES
A 1000 Baht of 1948
TOGO
1436
Government of Thailand, specimen 1000 baht, ND
(ca 1948), red serial number A/5 000000, vilet and
lilac, King Rama VIII at top left, temple on an island
right centre, no signatures, reverse purple and lilac,
building at centre, value top left and right (Pick
unlisted denomination), red De la Rue seal low left,
faint mounting traces other uncirculated, attractive
and extremely rare
£2,500-3,500
TIMOR
x1437
Banco National Ultramarino, Timor, $1, 1 January
1910, serial number 415484, purple and light green,
value at centre and each corner, reverse arms at centre
(Pick 1), fine and scarce
£100-150
†1439
Banque Centrale de la Republique du Togo, an
obverse and reverse composite essay for a 100 francs,
ND, zero serial numbers, dark blue and
multicoloured, reverse blue and green, parliament
house at centre, value at left and right (Pick
unrecorded), unique and attractive (2)
£300-400
TRINIDAD
†1438
Banco Nacional Ultramarino, Timor, specimen 1
pataca, 8 March 1945, pink and brown, ship seal at
left, reverse brown and pale grey-green, arms at centre,
value at left and right and at each corner (Pick 15s),
perforated, good extremely fine and a rare type
£250-450
†1440
Trinidad, a design on tracing paper for the obverse of
a 5/- banknote, dated May 17th 1888 in the margin,
this was only one year before the islands of Trinidad
and Tobago were combined into one colony, green,
blue and white ink, Victoria at left, TRINIDAD at
right, value at centre, with several ornate borders, only
the left side of which are completed (unlisted),
mounted on card, corners bent and torn at low left and
right, far earlier than the first issue of notes from the
island, thus important and unique
£200-300
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
TRINIDAD AND TOBAGO
See text prior to lot 156 for an explanation of these items
†1441
Government of Trinidad and Tobago, uniface
colour trial $1, 1905 issue, used as an experiment into
colourfastness, blue on green underprint, The Landing
of Columbus at left, arms at top left. Note cut into
three sections, left half untouched, top right treated
with carbolic, bottom right treated with creosole,
along with a rubbing on tracing paper taken from each
of the treated sections. All mounted on gridded and
watermarked paper titled “Appendix A” and dated
“18th April 1913” (Pick 1 for type), unique and an
interesting insight into the techniques used to ensure
notes were fit for purpose
£400-600
†1442
Government of Trinidad and Tobago, uniface
colour trial $2, 1905 issue, used as an experiment into
colourfastness, red, ships, harbour and mountains in
vignettes at left and right, value at centre and each
corner. Note cut into three sections, left half
untouched, top right treated with carbolic, bottom
right treated with creosole, along with a rubbing on
tracing paper taken from each of the treated sections.
All mounted on gridded and watermarked paper titled
“Appendix B” and dated “18th April 1913” (Pick 2a
for type), unique and an interesting insight into the
techniques used to ensure notes were fit for purpose
£400-600
329

WORLD BANKNOTES
†1443
Government of Trinidad and Tobago, uniface
proofs for $1, blue and green, and $2, red, 1905 issue,
mounted on gridded and watermarked paper titled
“Appendix C” and dated “18th April 1913”, the $1 is
subtitled “Our proposal for the 1 dollar duty” and the
$2 is similarly subtitled “Our proposal for the 2 dollars
duty” (Pick 1c and 2a for type), mounted, but about
extremely fine and rare (2)
£400-600
†1444
Government of Trinidad and Tobago, uniface
proofs for $1, blue, black and green, and $2, red and
green, 1905 issue, mounted on gridded and
watermarked paper titled “Appendix” and dated “8th
April 1907”, both are marked as “approved 24.4.07”
(Pick 1 and 2a for type), slightly larger paper format
than issued notes, mounted, but about extremely fine,
and the $2 very rare (2)
£500-700
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
†1446
Government of Trinidad and Tobago, specimen $1
converted from an issued note, 1 April 1905, serial
number A/20 97736, blue on green underprint, The
Landing of Columbus at left, arms at top centre,
reverse ships and harbour at centre, value at left and
right (Pick 1bs), perforated CANCELLED, annoted
“approved” in top margin, two pinholes and mounting
traces on reverse, thus about extremely fine and rare
£800-1,000
†1445
Government of Trinidad and Tobago, uniface
proofs for $1, blue, black and green, and $2, red and
green, 1905 issue, mounted on gridded and
watermarked paper titled “Appendix” and dated “6th
April 1908”, both are marked as “approved 11/4”
(Pick 1 and 2a for type), mounted, about extremely fine,
and the $2 very rare (2)
£500-700
†1447
Government of Trinidad and Tobago, uniface
colour trial $1, 1 April 1905, no serial number,
turquoise-blue on green underprint, The Landing of
Columbus at left, arms at top centre (Pick 1bct), glue
traces on reverse, colour slightly different from that
eventually issued, good extremely fine and rare
£500-700
†1448
Government of Trinidad and Tobago, colour trial
$1, 1 April 1905, serial number A/1 00000, black and
blue on pale olive underprint, The Landing of
Columbus at left, arms at top centre, reverse ships and
harbour at centre, value at left and right (Pick 1act),
significantly more intense blue than that issued,
mounting traces at left on obverse and reverse, extremely
fine and rare
£600-800
331

WORLD BANKNOTES
†1449
Government of Trinidad and Tobago, specimen $1, 1 April 1905, serial number
A/1 00000, black and blue on pale olive underprint, The Landing of Columbus at
left, arms at top centre, reverse ships and harbour at centre, value at left and right
(Pick 1as), mounting traces at left on obverse and reverse, small tear in top margin,
overall about extremely fine and rare
£550-750
†1450
Government of Trinidad and Tobago, uniface
specimen $2, 1 April 1905, no serial number, red and
black, ships, port and mountains in vignettes at left
and right, value at centre and each corner, also a piece
of watermarked paper intended for this note, and a
bromide showing the reverse of the same note, with
the intended colour, and the date “Sept 6th 04” in the
margins (Pick 2as), mounting traces on reverse, good
extremely fine and rare (3)
£500-700
†1451
Government of Trinidad and Tobago, colour trial
$2, 1 April 1905, serial number A/1 00000, red and
green, ships, port and mountains in vignettes at left
and right, value at centre and each corner, reverse red,
agricultural vignettes, arms and values (Pick 2bct),
slightly larger paper format than issued, and colours
slightly different to those eventually issued, mounting
traces at left on obverse and reverse, overall a fresh good
very fine and this colour variety very rare
£800-1,000
†1452
Government of Trinidad and Tobago, specimen $2, 1 April 1905, serial number
A/1 00000, red and green, ships, port and mountains in vignettes at left and right,
value at centre and each corner, reverse red, agricultural vignettes, arms and values
(Pick 2bct), slightly larger paper format than issued, mounting traces at left on obverse
and reverse, overall about extremely fine and this colour variety very rare
£800-1,000
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
TUNISIA
†1453
Government of Trinidad and Tobago, a set of
beautifully engraved die proofs for the 1934 issue
comprising a uniface $1, $2 and $5, all three showing
printers marks/security features hand drawn in red
circles and enlarged in the margins (Pick 5, 6 and 7 for
types), the $5 annoted with the date “15.10.40”, some
tears and folds but overall good very fine or better,
possibly unique
£500-700
†1455
Banque Centrale de Tunisie, an obverse composite
essay on board for a 1 ⁄2 dinar, ND (ca 1958), serial
number A/1 000000, purple and green, Habib
Bourguiba at left, Mosque at right (Pick 57 for type),
unique
£300-400
1456
Banque Centrale de Tunisie, specimen 1 ⁄2 dinar, ND
(1958), black zero serial numbers, purple and white
and green, President Bourguiba at left, tower at right
(Pick 57s), red De la Rue seal, mounting traces, thus
about uncirculated and scarce
£80-120
†1454
Central Bank of Trinidad and Tobago, an obverse
and reverse composite essay for a $5, law of 1964,
serial number A 000000, purple and pink, Elizabeth II
at centre, arms at left, Bruce signature, reverse purple,
bank building at centre, satellite dish top right (Pick
27 for similar), unique
£250-350
†1457
Banque Centrale de Tunisie, die proof 5 dinars, 1
November 1960, black and white and heavily
engraved, also an ‘approved’ die proof 5 dinars, ND
(1958), brown, also a proof 5 dinars, 20 March 1962,
blue, all Bourguiba at right, bridge at left (Pick 59pr,
60pr, 61pr), all with Bank annotations in margin,
unusual and very rare, good extremely fine (3)
£400-500
333

WORLD BANKNOTES
TURKEY
Ottoman Empire
1459
Ottoman Empire, 200 piastres, Smyrna, law of 1279
(1863), serial number 008981, black, green and pink,
toughra of Abdul Aziz, value at left and right, reverse
green and pink-lilac, signatures of Fisher and Alleon
(Pick 55, Gaciroglu OB-1-1-3), handstamped
ANNULE, thinned at centre, fine, scarce
£800-1,000
1458
Ottoman Empire, 20 kurush, ND (1852), grey and
white, toughra of Abdul Mejid at top centre, seal of
Nafiz (Pick 22), very fine, scarce
£350-400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1460
Ottoman Empire, 2 medjides d’or, law of 1279 (1869), serial number 008815, green, pale pink
and orange, toughra of Abdul Aziz, value at centre and at left and right, manuscript signature of
Smythe at left, printed signature of Aristidi at right, reverse lilac and pale blue (Pick 57c, Gaciroglu
OB-1-2), perforated ‘PAYE’ and handstamped ‘ANNULE’, fine, presentable and rare
£1,800-2,400
†1461
Imperial Ottoman Bank, Turkey, specimen 1 livre Turque, law of 1290 (1873), serial number
20001-20001, pink brown, an orange and blue central section with value at centre, value at each
corner, toughra of Abdul Aziz (1861-1876) top centre, printed signature of Alleon low right,
reverse pale brown, green, pink and blue (Pick 59s, Gaciroglu OB-2-1-1, Donmez 98s), perforated,
uncirculated and extremely rare, attractive
£2,000-3,000
335

WORLD BANKNOTES
1462
1462
Ottoman Empire, 5 livres,
Constantinople, law of 1299 (1882),
serial number 314929, blue, pink and
green, toughra of Abdul Hamid II,
value at low centre and left and right,
seal of Mustafa Muzafar, Beauvais and
Vincent signatures (Pick 60a, Gaciroglu
OB-3-1-3), a contemporary forgery,
almost fine, rare
£300-400
1463
Ottoman Empire, 1 ⁄2 livre, law of 1331
(1915), red serial number A902907,
brown, pink and blue-green, on left
hand side of a 1 livre (Pick 75), very fine
and very rare
£2,000-2,500
1463
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1464
State notes of the Ministry of Finance, 5 livres, law
of 1932, (1916), red serial number G 086009, blue,
pale green and lilac, toughra top centre, value at left
and right and at each corner, reverse blue (Pick 91,
Gaciroglu RS-4-7-1), a fresh and original good very
fine
£250-350
1467
State notes of the Ministry of Finance, 100 livres,
law of 1333 (1917), black serial number N.008120,
orange-brown and red and grey, toughra top centre,
value at left, signature of Cavid, reverse pale brown,
value low left and right, Cahid signature (Pick 106,
Gaciroglu RS-6-3), heavily creased, very to fine and a
rare note
£1,500-2,000
1465
State notes of the Ministry of Finance, 5 livres, law
of 1933, (1917), black serial number D 086183, blue,
pale green and lilac, toughra top centre, value at left
and right and at each corner, reverse blue (Pick 104,
Gaciroglu Rs-6-1), good very fine
£200-300
1468
State notes of the Ministry of Finance, 10 livres,
AH 1334 (1918), serial number O.030721, brown,
pale blue and pale blue-green, toughra of Muhammad
VI top centre, value at left and right, reverse red and
pale blue, handstamp ‘QUATRIEME EMISSION’ at
left (Pick 110d, Tezcakim VA-3-T4), paperclip rust
mark at top left, a solid and original good very fine,
scarce
£300-400
1466
State notes of the Ministry of Finance, 25 livres, law
of 1333 (1917), black serial number L.007437,
brown, pale blue and red, toughra top centre, value
low left and right, signature of Cavid, reverse brown,
value top left and right, Cahid signature (Pick 105,
Gaciroglu Rs-6-2), several extensive repairs at top
centre and around edges, about fine and a rare note
£500-700
337

WORLD BANKNOTES
1469
State notes of the Ministry of Finance, 100 livres,
law of 1334 (1918), blue serial number C.002993,
orange-brown and mauve, toughra top centre, value at
left, signature of Cavid, reverse pale brown, value low
left and right, Cahid signature (Pick 113, Gaciroglu
VA-6), heavily creased, very good to fine and a rare note
£1,200-1,800
1471
State notes of the Ministry of Finance, uniface
obverse and reverse colour trial 5 livres, law of 1341
(1926), violet and pale green, leaping wolf at centre,
building at right, reverse bridge and city view (Pick
120ct), mounting traces, red De la Rue seal low right,
good extremely fine and rare
£1,500-2,000
1470
State notes of the Ministry of Finance, a uniface
obverse colour trial 1 livre, law of 1341 (1926),
orange and pale green, farmer and oxen plough team
in circular frame at centre, reverse building (Pick
119ct), mounting traces, blue De la Rue seal low right,
good extremely fine and rare
£500-700
1472
State notes of the Ministry of Finance, uniface
obverse and reverse colour trial 10 livres, law of 1341
(1926), brown and pale green, leaping wolf at right,
value at left and right, reverse bridge and mountain
top village (Pick 121ct), mounting traces, blue De la
Rue seal low right, good extremely fine and rare
£1,500-2,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1473
State notes of the Ministry of Finance, uniface
obverse and reverse colour trial 50 livres, law of 1341
(1926), lilac and green, President Kemal Ataturk at
right, reverse mountains and town (Pick 122ct),
mounting traces, blue De la Rue seal low right, good
extremely fine and rare
£2,000-2,500
1474
State notes of the Ministry of Finance, uniface
obverse and reverse colour trial 100 livres, law of 1341
(1926), brown and pale orange, President Kemal
Ataturk at right, reverse brown and pale orange,
Ankara new town (Pick 123ct), mounting traces, blue
De la Rue seal low right, good extremely fine and rare
£2,500-3,000
A Colour Trial of 500 Livres of 1926
1475
State notes of the Ministry of Finance, uniface obverse and reverse colour trial 500 livres, law of
1341 (1926), blue and green, President Kemal Ataturk at right, Mosque at left, reverse blue and
green, town view (Pick 124ct), mounting traces, red De la Rue seal low right, good extremely fine and
rare
£2,500-3,500
339

WORLD BANKNOTES
A Colour Trial 1000 Livres of 1926
1476
State notes of the Ministry of Finance, uniface obverse and reverse colour trial 1000 livres, law
of 1341 (1926), green and pale orange, President Kemal Ataturk at right, reverse green and pale
orange, railroad in mountain pass (Pick 125ct, Tezcakim p.162), mounting traces, red De la Rue
seal low right, good extremely fine and rare
£3,000-4,000
1477
Central Bank of Turkey, specimen 100 lira, ND
(1940), red serial number 00-00000, brown and
multicoloured, President Inonu with tie at right,
reverse brown, fortress and the Bosporus in
background, Inonu as watermark (Pick unrecorded,
137s?), red SPECIMEN overprint, red De la Rue seal
at right, mounting traces, otherwise about uncirculated
and a lovely note, rare
£600-800
1478
Central Bank of Turkey, specimen 500 lira, ND
(1940), red serial number 00-00000, green and
multicoloured, President Inonu with tie at right,
reverse green, fortress and walls on a hillside, Inonu as
watermark (Pick 138s), red SPECIMEN overprint, red
De la Rue seal at right, mounting traces, thus about
uncirculated and a lovely note, very rare
£800-1,200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1479
Central Bank of Turkey, specimen 2 1 ⁄2 lira (2), ND
(1952/1955), purple and pale orange, one red
reverse, one brown reverse, specimen 5 lira ND
(1959), blue and multicoloured, reverse green, also
specimen 10 lira, ND (1958), green, reverse brown, all
President Ataturk at right (Pick 150s, 151s, 155s,
158s), De la Rue seal, mounting traces, thus about
uncirculated and rare, one 2 1 ⁄2 lira foxing along top
edge (4)
£350-450
1481
Central Bank of Turkey, specimen 1000 lira, ND
(1951), black serial number 00-0000, blue and
multicoloured, President Ataturk with white bow- tie
at right, reverse blue, Monument of Security at centre
(Pick unrecorded), black SPECIMEN overprint, black
De la Rue seal at right, mounting traces otherwise
almost uncirculated and a lovely note, rare
£800-1,200
1480
Central Bank of Turkey, specimen 50 lira, ND (ca
1951), red serial number 00-00000, purple and
multicoloured, President Ataturk at right, reverse
purple, goats at centre (Pick unrecorded reverse),
mounting traces, thus about uncirculated and rare
£400-500
†1482
Central Bank of Turkey, colour trial 500 lira (2), law
of 1930 (c.1959), green and pale orange and lilac,
President Kemal Ataturk at right, reverse green,
hippodrome and Mosque, (Pick 171ct), two different
signature combinations and different shades of green,
red overprint, uncirculated and rare (2)
£500-700
1483-1484
No lots
UNITED ARAB EMIRATES
x1485
United Arab Emirates Currency Board, 50 dirhams,
ND (1973), serial number 246824, red on
multicolour underprint, dhow, palm tree, camel
caravan and oil derrick at left, value at each corner,
reverse Palace of Ajman (Pick 4a), uncirculated
£400-500
1486-1487
No lots
x1488
United Arab Emirates Currency Board, specimen
1000 dirhams, ND (1976), serial number 1 000000,
dark blue on multicolour underprint, dhow, palm, oil
derrick and camel caravan at left, value at each corner,
reverse Al-Jahilie Fort and values (Pick 6s), red
SPECIMEN overprint, uncirculated and scarce
£3,200-4,200
341

WORLD BANKNOTES
UNITED STATES OF AMERICA
1489
A group of US obselete currency sheets, comprising
Connecticut, City Bank of New Haven, a sheet with
two $20, one $50 and one $100, Pennsylvania, Bank
of Montgomery County, a sheet of four $1 notes,
Louisiana, New Orleans Canal Bank, sheets of four $5,
$20, $50 and $100 (2), Citizens’ Bank of Lousiana,
sheets of four $1, $5 and $20, Kentucky, Frankfort
Bank, a sheet with three $5 and one $10, also a sheet
of four cheques for the Banking House of Battles and
Webster and an issued $10 for The Chesapeake &
Ohio Canal Company, 1810, generally extremely fine
or better, a interesting group (13)
£150-200
1490
Province of New Hampshire, pull from the original
plate of four notes, 6 pence, 1/-, 2/- and 6 pence,
6/-, 3 April 1743, black and white, on watermarked
paper dated 1879, arms at low left, ornate border with
plants and flowers (Newman page 208), extremely fine
£150-250
URUGUAY
†1494
El Banco Commercial, Uruguay, specimen 2
doblones de oro, Montevideo, 2 January 1863, black
on pink paper, Liberty at centre in oval frame, value at
centre and at each corner, counterfoil at left, reverse
pink and grey, value and bank title at centre (Pick
S125A), good extremely fine and very rare, attractive
£500-800
1491
United States note, $2, series of 1917, red serial
number D34168528A, black and white, red seal low
right, Jefferson at left, Speelman and White signatures,
reverse green, value at centre and at each corner (Pick
188), central crease otherwise an original and fresh
almost extremely fine
£150-200
†1495
Republica Oriental del Uruguay, specimen 20
pesos, Montevideo, 1 May 1870, serial number
049956, blue and brown, maiden (Ceres) at left, arms
and value at centre, counterfoil at left (Pick A113s),
good extremely fine and very rare
£400-600
†1496
Banco de Londres y Rio de la Plata, specimen 20
pesos, Montevideo, 1 January 1872, grey and green,
maiden (Liberty), at left centre, counterfoil at left,
arms at top and bottom right, reverse grey and white,
inverted value (Pick S237), cancellation holes, good
extremely fine and rare
£150-200
1492
United States of America, a trial piece with portraits
of three presidents and red inverted serial number
A00096908A, reverse brown and white with partial
design corner fold at top right, good extremely fine,
unusual and rare
£250-300
1493
Prisoner of War Camps, 3 pence, serial number A
618772, blue, PIONEER CORPS circular purple
handstamp at right, also POW camps in the USA, for
1 cent at Pine Camp and Ruston (Schwan-Boling 464,
1051 for type) good very fine, last two extremely fine (3)
£80-100
1497
Republica Oriental del Uruguay, specimen 1 peso
(2), 5, 10, 50, 100, 500 and 1000 (2) pesos, all law of
1939 (Pick 35as, bs-41as, 41bs), mounting traces, thus
about uncirculated (9)
£100-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
VENEZUELA
1498
Banco Central de Venezuela, specimen 10 bolivares, violet,
20, green, 50, black, 100, brown, all ND (1952), all zero
serial numbers, all Bolivar in field (Pick 38s-41s), De la Rue
seal, mounting traces, thus about uncirculated and rare (4)
£300-400
VIETNAM
x1499
National Bank of Vietnam, specimen 1000 dong, ND (1955-6), serial number O.00 000,
multicolour, old man at left, temple at right, value at top left and right, reverse woman at right,
sailing boat at left, value at top left and right (Pick 4As), a very attractive note, PMG 55, about
uncirculated, EPQ
£1,500-2,000
343

WORLD BANKNOTES
1500
National Bank of Vietnam, specimen 5 dong, green,
bird at centre, specimen 10 dong, red, fish at centre,
both ND (1955), both zero serial numbers, also a
specimen 100 dong, ND (1966), serial number A1
000000, purple, bank building at centre (Pick 2s, 3s,
6As2), all De la Rue oval seals, mounting traces, thus
about uncirculated and rare (3)
£400-600
†1502
National Bank of Vietnam, an obverse and reverse
composite essay on card for a 200 dong, ND (ca
1960), zero serial numbers, blue and pink and green,
tendril design in field, bat at centre, reverse blue and
white and yellow-orange, bat at centre (Pick
unrecorded type, see Pick 50 for similar idea), unique
(2)
£500-700
†1501
Governement du Vietnam, an obverse composite
essay on board for a 5 piastres, ND (ca 1956), green
and multicoloured, dragon at left, man at right
(Truong Cong Dinh?) (Pick unlisted type), unique
and very attractive
£700-900
WWW.SPINK.COM
†1503
National Bank of Vietnam, an obverse and reverse
composite essay for a 5000 dong, ND (ca 1975), serial
number A/1 000000, red, purple and multicoloured,
bank building at right, value at left and right, reverse
red and multicoloured, leopard at centre, value at left
and right (Pick unrecorded), unique and a splendid
leopard!
£1,000-1,200

April 10, 11 & 12, 2013 - LONDON
†1506
Bank of Western Samoa, colour trial 10/-, dark
brown, colour trial £1, red, both ND (1963), zero
serial numbers (Pick 13ct, 14ct), paperclip marks at top
left, cancellation holes, good extremely fine, rare (2)
£150-250
†1504
National Bank of Vietnam, an obverse and reverse
composite essay for a 10000 dong, ND (1975), serial
number A/1 000000, pink, blue and orange, bank
building at right, reverse blue and multicoloured,
buffalo at left (Pick 36pr), unique and striking (2)
£500-700
WESTERN SAMOA
†1507
Bank of Western Samoa, an obverse and reverse
composite essay for a 10/-, ND (ca 1960’s), serial
number A1000000, blue and multicoloured, palm
trees at left, reverse blue-green, local man and dugout
canoe (Pick unrecorded), unique (2)
£500-700
x1505
Territory of Western Samoa, colour trial £1, ND
(1948-61), no serial number, blue on multicolour
underprint, hut and trees at centre, value at centre and
each corner (Pick 4Aact), cancellation holes,
overprinted SPECIMEN, mounting traces, about
uncirculated and rare
£450-550
345

WORLD BANKNOTES
YEMEN
YUGOSLAVIA
x1508
South Arabian Currency Board, 250 fils, ND
(1965), serial number Q170944, brown on
multicolour underprint, dhow at centre, value at each
corner (Pick 1a), PMG 65, gem uncirculated, EPQ,
scarce in this grade
£250-350
†1512
National Bank of Yugoslavia, specimen 100 dinara,
September 1943, serial number in green IC-000001-
36C-1000000, green and pale orange, King Peter II at
centre, arms at right, value at left and at each corner,
reverse green, factory (Pick 35Ds), ink date ‘20.4.43’
in top margin, perforated, uncirculated and rare
£600-800
x1509
Arab Republic of Yemen, 1 rial, green, 5 rials, red
and 10 rials, blue-green, all ND (1969), also South
Arabian Currency Authority, 5 dinars, ND (1965), red
(Pick 6, 7, 8 and 4), about uncirculated (4)
£180-220
†1510
Central Bank of Yemen, an obverse composite essay
on board for a 50 rials, ND (ca 1976), serial number
123456, multicoloured, cherub and griffin at left,
value at each corner (Pick 16 for design), this design
usually on the 100 rials, unique
£300-400
x1511
Arab Republic of Yemen, 20 rials, ND (1971),
purple and blue-green on multicolour underprint,
Palace on the Rock at left, value at each corner, reverse
purple and yellow, city view, Central Bank of Yemen,
100 riyals, ND (1976), red-violet on multicolour
underprint, stone sculpture at left, value at each
corner, reverse red-violet and multicolour, city view
(Pick 9a, 16a), first about uncirculated, second
uncirculated (2)
£80-120
†1513
National Bank of Yugoslavia, specimen 500 dinara,
September 1943, serial number in green ID-000001-
2D-1000000, brown and pale green and orange, King
Peter II at centre, arms at right, value at left and at
each corner, reverse brown, factory (Pick 35Es), ink
date ‘20.4.43’ in top margin, perforated, good extremely
fine and rare
£800-1,000
ZAMBIA
x1514
Bank of Zambia, specimen 2, 5, 20 and 50 kwacha,
ND (1989-91), and specimen 100 and 500 kwacha,
ND (1991), all zero serial numbers, all with President
Kaunda at right, fish eagle at left, arms at low centre
(Pick 29s, 30s, 32s, 33s, 34s, 35s), about uncirculated
or better (6)
£100-150
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
ZAIRE
A PORTALS ALBUM
†1515
Banque Nationale du Zaire, an obverse and reverse
composite essay for a 10 makuta, 1972, serial number
A 000000, pale blue and lilac, Mobutu at left, rhino at
centre, arms at right, reverse pale blue, mask at left,
okapi at right (Pick unrecorded), unique and
charming
£300-500
x1516
Banque du Zaire, specimen 5 zaires, 21 November
1972, serial number B0000000A, black and dark
green on multicolour underprint, Mobutu at left,
leopard at low right, large value in underprint at
centre, reverse grey-green, Wertlos and Giesecke &
Devrient repeated across note (Pick 20s), staple holes at
left and right, red SPECIMEN overprint, extremely fine
£120-160
1517
A Portals album in marbled slip case, containing a
selection of notes printed using Portals watermarked
paper as in use in 1955 and including Australia,
Coombs-Wilson £1 (Pick 30), Austria 500 schilling,
1953 (Pick 134), Belgian Congo 20 francs 1953 (Pick
26), British Caribbean Territories $2, 1954 (Pick 8b),
Commercial Bank £1, 1955 (PS 336), Fiji, 10/-, 1951
(Pick 38, date unlisted but 1951 illustrated), Greece
10 drachmai, 1954 (Pick 189a), India, Reserve Bank
10 rupees, serial number K/49 000010 (Pick 37),
Jamaica, £1, 1955 (Pick 41b), Jordan 1 dinar, 1949
(Pick 6), Malaya and British Borneo $10, 1953 (Pick
3a), New Zealand £1, ND (1955), (Pick 159b),
Pakistan 1 rupee, serial number F/15 000022 (Pick
9), Southern Rhodesia £1, 1954 (Pick 13c), Turkey
2 1 ⁄2 lirasi (Pick 151), West Africa 20/-, 1954 (Pick
10a), also various minor notes, all are mounted
individually in a blue leather album with gold trim, a
lovely presentation, the notes slightly crinkled from
mounting otherwise crisp uncirculated and many scarce
types (25)
£1,000-1,500
347

WORLD BANKNOTES
MISCELLANEOUS WORLD LOTS
1518
A miscellaneous lot, comprising hansatsu, Italy 10
lire Allied Military Currency, World War I POW
currency (2), Malaya World War II invasion currency
$10 (2), Indian Hindi and court receipts (4) and
Government of Cyprus £1, 1943, green and brown,
George VI at right and a Kirin Yung Heng 5 tiao,
1917, green and white (Pick S985), mixed grades, the
Chinese note very fine (12)
£150-250
1519
A sizable group of world notes, including,
Commonwealth (23), Military and War issues (22),
Central and Southern Africa (32), North Africa and
Middle East (41), Asia (59), and Central and South
America (37), includes some scarcer items in poorer
grade, a very nice range of items and dates, very little
duplication, very mixed grades from poor to extremely
fine, needs viewing (214)
£200-300
1520
A large group of European notes, including, Swiss
National Bank, 100 franken, 1926, Banco di S. Spirito
di Roma, 12 scudi, 1796, as well as France (18),
Russia (14), Austria (18 including notgeld), Germany
(49 including notgeld), Portugal (14), Greece (7),
Netherlands (6), Italy (13), Poland (7), and assorted
others (86), mixed grades, very few modern notes and
hardly any duplication, a solid lot (234)
£350-450
1521
A sizable group of American notes, including an
Ohio 25 cents, 1879, United States Continental
Currency, Philadelphia, $7, 1778, and Maryland $ 1 ⁄2,
1774, also Confederate States notes (9), including a
$500, 1864, Federal Reserve Notes and fractional
issues (38), obselete state and town issues (25), and an
assortment of cheques (22), mixed grades, a useful and
varied lot (86)
£250-350
1522
A large group of Central and South American
Inflationary issues, comprising Ecuador, Paraguay,
Peru, Uruguay, Nicaragua, Mexico, Cuba, Argentina,
Brazil, Bolivia and Chile (276), also some US Military
payment certificates and confederate notes (8), little or
no duplication with some more interesting items, mixed
grades, needs viewing (284)
£120-160
1523
A selection of Middle Eastern notes, including
South Arabian Currency Authority, 250 fils and 500
fils, ND (1965), Lebanon 25 piastres, 1942, 5 piastres,
1948, 1 livre, 10 livres (2), Jordan 1 ⁄2 dinar (2) and 1
dinar, Central Bank of Yemen, 1, 5 and 10 rials, Iran,
5, 1944, and 10 rials, 1951, also 20, 50 and 100 rials,
ND (1969), 100 rials, 1976, Central Bank of Iraq 1 ⁄4
and 1 ⁄2 dinar, Egypt (5), Syria, 1 pound and Libya 10
dinars (Pick 1b, 2b, 36, 40, 13a, 17a,, 18c, 39, 54, 71,
84, 85, 86, 108, 37b), generally uncirculated and a
useful lot (30)
£150-200
1524
World War II currency, Belgium, 5 francs, 10 francs
(3), 1943, Austrian Military currency 50 groschen, 1
schillin (3), 2, 5, 10, 20, 50 and 100 schillin, 1944,
BAF 3d(2), 6d, 1/-, first series, second series 3d, 6d,
1/- (2), 2/6 (2), 5/-, US MPC $1, series 471, 10 and
25 cents, $1, series 841, Maple leaf services, Canadian
army 5 cents and a B.U.T.E 1 unit, Germany, Allied
Military Currency, 50 pfg, 1 mark (2), 5, 10, 20 mark
series of 1944, 1 mark of 1948 mixed (37)
£150-200
1525
A selection of notes, including France, World War I
prisoner of War issues (9), Ville de Verviers 25
centimes, 1914, Italy Moneta Patriottica 5 lire issue
for Venice, 1848 (Pick s188), Buona di Cassa (4),
1918, Commune di Udine 10 lire, Liechtenstein 10,
20(2), 50 heller, ND (1920), (Pick 1, 2, 3), Romania,
1 leu, Montenegro 10 perper, 1917 (Pick 151),
Albania (4), Yugoslavia 1 dinar, 1919 (Pick 12),
specimen 100 dinara, 1953 (Pick 68), specimen 1000
dinara 1974 (Pick 86s), Serbia 100 dinara (Pick 23),
Poland 100 zlotych 1940, Hungarian Fund 1 and 5
dollars (Pick 136a, 137), Finance Ministry 1 fiorint (4)
and 5 fiorint (4), (Pick S141, 142), various
Bohemia/Morava (10), Ireland £1, 1952, Lithuania
50 litu, 1928 (Pick 24a), Danish red cross (4), Russia
1 ruble, 1947 (Pick 217), Denmark Gramby
Commune 2 mark, 1920, Netherlands 1 and 2 1 ⁄2
gulden, 1943 (Pick 64a, 65a), Israel (15), including an
Anglo-Palestine £10, ND (1948), blue serial number
a 442231, red and pale orange, Bank of Israel 500
pruta, ND (1955), red and more modern issues (13)
including a 50 lirot, ND (1955), red serial numbers
(Pick 17a, 24a, 33b), also miscellaneous minor issues
(26) Israel generally uncirculated, others mixed grades,
an interesting lot (84)
£450-550
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April 10, 11 & 12, 2013 - LONDON
1526
A selection of notes, comprising North Korea 5 won,
(Pick 9), Netherlands East Indies 5 gulden, 1939, 1
gulden, 1949, 1 gulden (2) and 5 gulden, 1943 (Pick
108, 111, 112), Hong Kong fractionals (8), Timor
100 escudos, 1963, Vietnam safe conduct passes (2),
Mongolia 1 and 3 tugrik, 1955 (Pick 28, 29), Pakistan
(4), Afghanistan (7), Netherlands Antilles (3)
including 5 gulden, 1972 (Pick 8b), Surinam (4),
Ethiopia (2), French Indochina (2), Algeria 5 and 10
francs 1970 (Pick 126a, 127a), Belgian Congo 10 and
20 francs (Pick 14E, 31), Maldives 1, 2 and 10 rupees
(Pick 2b, 3b, 5a), and a Banco Santander 5 pesos,
1873 Colombia (Pick S832b), mixed grades, a useful
lot
£250-350
1527
A miscellaneous lot, comprising Haiti (8),
Philippines (6), including 1 peso, 1936 (Pick 81), also
emergengy World War II issues (6) and a 5 and 10
pesos with marioon ‘THE CO-PROSPERITY
SPHERE: WHAT IS IT WORTH’, Cuba (13),
generally uncirculated (35)
£100-150
x1528
A small selection of specimens, comprising Burundi,
20 francs, 1991 (Pick 27s), Malawi, 10 kwacha, 1992
(Pick 25s), Nepal, 20 rupees (Pick 32s), Uzbekistan, 1
and 3 sum, 1994 (Pick 73s, 74s), and Zaire, 5000000
zaires, 1992 (Pick 46s), also a Harrisons Security
Printers, Brunel specimen note, overprinted
SPECIMEN, specimen number in low margin, about
uncirculated or better, and interesting group (7)
£250-350
1529
An interesting group of world notes, collected
during the Second World War, including Government
of the Straits Settlements, $1, 1 January 1935 (P16b),
Government of Malta, 2/-, consecutive serial
numbers, George VI facing at right (P17b), East
African Currency Board, 5/-, 1941, orange (P28A),
Reserve bank of India, 2 rupees, 1937, Georve VI at
right, Taylor signature (P17a), Denmark 5 kroner,
1944, blue (P35a), also a selection of other war issues
from Europe, North Africa and Asia, Straits
Settlements about very fine, Malta extremely fine, East
Africa about very fine, Denmark about very fine, India
good very fine, others mixed (29)
£200-300
1530
A small group of World Notes, comprising Belize,
$1, 1976, Bahamas, $ 1 ⁄2, 1965, Barbados, consecutive
$1 (2), 1973, Nigeria, 10 Naira, 2011 polymer issue,
Ukraine, 10 and 20 (2) karbowanez, 1942,
Darlehnskassenshein, 100 rubel, Posen, and 1000
mark, Kowno, Italy, 100 lira, 1941, and Russia, 1000
rubles, 1918 generally extremely fine to uncirculated
(12)
£300-400
1531
A group of World and British notes, including
Commonwealth of Australia, £1, 1961 issue (Pick
34a), Government of Malta, £1, 1951 issue (Pick
22a), East Caribbean Currency Authority, $1, 1965
issue (Pick 13f), States of Guernsey, £1, 1969 issue
(Pick 45a), additionally a group of Bahamas (6), all
Elizabeth II at left, USA (3), India (1), Scotland (8),
Wales (5), England (3), Guernsey uncirculated,
Australian note has small tear at top, otherwise
uncirculated, East Caribbean and Malta good very fine
to about extremely fine, others mixed grades (32)
£120-160
1532
Japan, Allied Military Currency, 10 sen and 50 sen,
series B, hansatsu, black and white with red seals, a
selection of more modern issues including 10 yen
(Pick 40a), 500 yen (Pick 95b), 1000 yen (2), minor
issues (11), also Korea, a selection including 1 won
1953, 10 hwan, ND (1953) (Pick 17f), 100 won (Pick
10a), also miscellaneous issues (Pick 96b) generally
uncirculated (28)
£80-120
1533
Board of Commissioners of Currency, Malaya, 1
cent, 5 cents (2), 10 cents, 20 cents, all 1941, all
George VI at left, also Brunei 1 ringgit (2), 1972,
1976, and a Sarawak 10 cents. 1940, prefix C, red,
yellow and pale blue, Charles Vyner Brooke at right,
arms top left, also Sarawak rubber coupons (5), 25
katis (2) and 1 picul (2) and a Johore 1 picul (Tan M
2, 3, 4, 5b, Tan B6, 6a, Tan K14b, Tan SKR3c, 3d,
4c, 4d, Tan JR13), uncirculated, the Sarawak 10 cents
a fresh good very fine (13)
£200-250
349

WORLD BANKNOTES
A Lovely FPF Presentation Album
1534
Office Francais des Papiers Fiduciaires, a red leather bound book with title in gold ‘FPF’
and comprising an advertising note from five printers, Bradbury Wilkinson, Defosses,
Enschede, Orell Fussli and Waterlow & Sons. There are examples from each printer for each
weight and type of paper and there are 13 varieties of weight and paper thus 65 notes, a superb
representation of the printers art. (65)
£5,000-6,000
†1535
A large format presentation album, containing
twelve vignettes, one of Elizabeth II and the
remaining eleven of African leaders, featured are Mzee
Jomo Kenyatta of Kenya, A. Cabral of Guinea-Bissau,
Sekou Toure of Guinea, D. Kairaba Jawara of Gambia,
Haile Selassie of Ethiopia, Prince Rwagasore of
Burundi, King Moeshoeshoe II of Lesotho, Samora
Moises Machel of Mozambique, K. Kaunda of
Zambia, J. Nyerere of Tanzania, and Kwame Nkrumah
of Ghana, foxing and glue stains on edges of some
vignettes, in blue faux leather album, a scarce and
interesting item
£200-300
1536
Organisation Giori, a selection of advertising notes
comprising purple and white (8), violet and white (5),
all with William Shakespeare at right, uncirculated
(13)
£200-300
1537
Organisation Giori, a selection of advertising notes
comprising purple and white (7), violet and white (6),
all with William Shakespeare at right, uncirculated
(13)
£200-300
END OF DAY TWO
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April 10, 11 & 12, 2013 - LONDON
DAY THREE
FRIDAY 12 APRIL 2013
Morning Session
commencing at 10.00 a.m. (Lots 1538-1690)
ENGLAND
English Provincial Banks
1538
Craven Bank Limited, a sight bill for £20, Skipton,
188-, black and white, bull at left, bankers names
altered with red handstamp at left (Outing 1971), very
fine, scarce
£80-100
Treasury Series
John Bradbury
1539
Ludlow Bank (Giles, Edward & James Prodgers),
unissued £10, 18- (1805-23), black and white, single
shield with bankers initials above at top left, value in
tablet at low left (Outing 1293b), original and fresh,
about uncirculated
£80-120
1542
Treasury Series, John Bradbury, £1, ND (1914),
dot prefix T/10 with five digit serial number 00121,
black, also 10/-, ND (1914), serial number A/1
553335, red, both with George V at left, value in large
tablet at centre (T3.2, T9), attractive fine, the £1 rare
(2)
£250-350
1540
Taunton Bank (Brickdale, Halliday & Sheppard),
1 guinea, 9 November 1905, serial number 5890,
black and white, allegorical maiden with arms and
symbols of commerce at top left, value at low left
(Outing 2133a), cancelled with black ink, presentable
enough, very good
£180-220
1541
A small group of provincial banking items,
comprising Margate Isle of Thanet Bank, a cheque
dated 1797 and a receipt datred 1793, along with a
letter to Francis Cobb, founder of the bank, relating to
his dealings as a brewer, dated 1782, also Newcastle
upon Tyne Bank, 20/-, 1802, and cheques from
Whitby Bank and Evesham Bank, 1822 and 1828
respectively, finally a pull of a North Irish Volunteers
payment note, mixed grades but an interesting group
£60-80
1543
Treasury Series, John Bradbury, 10/-, ND (1914),
serial number A/1 104886, red and white, George V
in profile at left, value at right and in red tablet at
centre (T.9), about uncirculated and a lovely example
of an A/1 prefix
£300-400
351

WORLD BANKNOTES
1544
Treasury Series, John Bradbury, £1 (2), ND (23
October 1914), prefixes L1/47 and K/75, black, and
10/-, ND (21 January 1915), prefix S1/4, red, both
with George V at top left, crowned arms at top right,
value in ornate tablet at centre and at low left (T11,
T12), L1 prefix discoloured in margins due to
mounting, but still good extremely fine, K prefix very
good, 10/- pressed but very fine (3)
£250-350
x1546
Treasury Series, John Bradbury, 10/-, ND (1915),
serial number Y/29 099882, red and white, head of
George V top left, black Arabic overprint ‘PIASTRES
SILVER SIXTY’ at centre (T 15), creased but still quite
fresh thus above average for type, small split low centre,
almost very fine, scarce
£300-500
1545
Treasury Series, John Bradbury, £1, ND (1915),
serial number M/36 42391, black and white, crowned
head of George V in profile at top left, arms at top
right, value at low left and in black tablet at centre, red
Arabic overprint at centre, ‘PIASTRES SILVER ONE
HUNDRED AND TWENTY’ (T.14), three vertical
folds and some other small creases but paper quality
excellent, very fine and scarce
£2,000-3,000
1547
Treasury Series, John Bradbury, £1 ND (c 1917),
serial number W/87 191127, green, brown, lilac and
white, crowned head of George V at right, Saint
George and the dragon at left, printed signature of
John Bradbury low right (T16 for similar though this
is a larger format trial type), small split top left margin,
pinholed at left and central crease otherwise good very
fine and very rare
£700-900
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1548
1548
Treasury issue, John Bradbury (Admiralty Anchor
Note), £1, ND (1918), serial number B/1 770045,
brown on green and pink underprint, George V in
crowned cartouche at right, Saint George and the
dragon at left, value in ornate tablet at centre, and at
low left, reverse grey, Houses of Parliament at centre,
small anchor and chain at low right (T16a), some
damage to top right corner, slightly worn, but
presentable and attractive good fine, extremely rare in
any condition and missing from most collections
£1,600-2,200
1549
Treasury Series, John Bradbury, £1, ND (22
January 1917), serial number dot prefix D/34
983335, brown and green, George V at right, St.
George and dragon at right, also 10/-, ND (16
December 1918), serial number red dash prefix B/5
493209, brown and green, George V at right,
Britannia at left (T16, T20), first good very fine, second
about very fine (2)
£150-250
353

WORLD BANKNOTES
A Spectacular Proof 1 Shilling
†1550
Treasury Series, John Bradbury, specimen 1/-, ND (ca 1918), serial number A/1 00000, green,
white and brown, crowned head of George V at centre, value at left and right, reverse green and
white, a shilling coin dated 1918 at centre (EPM T23p), ink numeral on reverse, fresh and bright,
almost uncirculated and very rare, a charming note
£4,000-6,000
A Lovely John Bradbury Essay £1
†1551
Treasury Series, John Bradbury, a proof/essay £1, ND (ca 1915), serial number P/10 00000,
dark and light blue and brown, crowned head of George V within wreath at right, value in blue
tablet at centre, value in wreath at left, ornate border of ovals and denomination arpound (EPM
T11b for similar), watermarked paper with GR at centre, good extremely fine and extremely rare,
attractive
£4,000-6,000
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April 10, 11 & 12, 2013 - LONDON
N. F. Warren Fisher
Bank of England
J. G. Nairne
1552
Treasury Series, N. F. Warren Fisher, £1 (15), ND
(1919, 1923, 1927), including a Northern Ireland
issue, serial number U1/100 594795, otherwise first
issue (2) and second issue (12), all black, brown and
green, George V at right, St. George slaying the
dragon at left, reverse Houses of Parliament (T24,
T31, T35), mixed grades, most good very fine or better,
two very good, U1/100 prefix extremely fine (15)
£350-450
1553
Treasury Series, N. F. Warren Fisher, 10/-, first
issue, ND (30 September 1919), serial number dot
prefix, D/30 569705, 10/-, second issue, ND (6
November 1922), serial number S/51 645345, and
10/-, third issue (Northern Ireland), ND (25 July
1925), serial number T/2 904426, all with George V
at right, Britannia at left (T26, T30, T33), all three
attractive and very fine (3)
£150-250
1557
Bank of England, (J. G. Nairne), £5, Leeds, 21
March 1906, serial number 39/U 73171, black and
white, ornate crowned vignette of Britannia top left,
value in black tablet at low left (B208bd), several items
of graffiti on obverse and reverse, purple “Bradford Joint
Stock Banking Co.” handstamp at low centre, overall a
presentable good fine, scarce
£400-600
E. M. Harvey
x1554
Treasury Series, N. F. Warren Fisher, 10/-, ND
(1922), red prefix L/62, green, liac and white, George
V and Britannia (T 30), in PCGS holder 58, choice
about new, PPQ
£100-150
x1555
Treasury Series, N. F. Warren Fisher, 10/-, ND
(1922), red prefix J/62 (first prefix for type, green,
lilac and white, George V and Britannia, also a £1, ND
(1928), NORTHERN IRELAND, dot, prefix
W1/73, green, white and brown, George V and Saint
George and the dragon (T30, T34), in PMG holders
53, about uncirculated and 58, choice about new, PPQ
(2)
£200-250
1556
Treasury Series, N. F. Warren Fisher, £1 (2), ND
(26 February 1923), consecutive serial numbers
B1/56 938641-42, black, brown and green, George
V at right, St. George slaying the dragon at left,
reverse Houses of Parliament (T31), about
uncirculated, an attractive pair (2)
£150-200
1558
Bank of England, (E. M. Harvey), £100, London,
16 April 1919, serial number 16/O 56766, black and
white, Britannia in ornate crowned vignette at top left,
value in black tablet at low left (B209e), fresh and
original good extremely fine and rare
£1,200-1,800
355

WORLD BANKNOTES
C. P. Mahon
A Parchment Pair with Serial Number 66
1559
Bank of England, (C. P. Mahon), parchment pair, 10/- and £1, serial numbers A01 000066, red
and green respectively, Britannia at left, value at right and in tablet at low left, complete with
original vellum envelope and plastic slip-cases (B210), slight wear at top centre of each where the notes
have been removed from the original cases, otherwise fresh and original good extremely fine, a extremely
rare and desirable pair (2)
£4,200-5,200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1560
Bank of England, (C. P. Mahon),
£5, 5 October 1926, serial number
336/E 40051, black and white, ornate
crowned vignette of Britiannia at top
left, value in black tablet at low left
(B215), about uncirculated, scarce in
this grade
£350-450
1561
Bank of England, (C. P. Mahon), £5
(3), London, 27 July 1927, serial
numbers 052/H 252295-297, black
and white, Britannia in ornate crowned
vignette at top left, value in black tablet
at low left (B215), slight foxing at right
otherwise fresh and original good very
fine and a rare consecutive trio of
Mahon £5’s (3)
£600-800
1562
Bank of England, (C. P. Mahon), £5
(3), London, 26 July 1927, serial
numbers 053/H 34808-810, black
and white, Britannia in ornate crowned
vignette at top left, value in black tablet
at low left (B215), fresh and original
extremely fine and a rare consecutive
trio of Mahon £5’s (3)
£700-900
357

WORLD BANKNOTES
B. G. Catterns
K. O. Peppiatt
1565
Bank of England, (K. O. Peppiatt), 10/- (2), ND
(5 October 1934), prefixes H67 and 09S, red,
Britannia at left, value at right and in tablet at low left
(B235, B236), about uncirculated (2)
£120-160
1563
Bank of England, (B. G. Catterns), 10/- (2), ND
(15 July 1930), consecutive serial numbers K56,
224834-35, red, Britannia at left, value at right and in
tablet at low left (B223), extremely fine, a scarce last
series consecutive pair (2)
£200-300
1566
Bank of England, (K. O. Peppiatt), £1, ND (17
October 1934), serial number 19W 671469, green,
Britannia at top left, and 10/-, ND (2 April 1940),
serial number A62D 029656, purple, Britannia at top
left (B238, B251), good extremely fine (2)
£50-70
1564
Bank of England, (B. G. Catterns), £5, 30 August
1929, serial number 258/H 05365, black and white,
ornate crowned vignette of Britiannia at top left, value
in black tablet at low left (B228), fresh and original
about uncirculated
£250-350
1567
Bank of England, (K. O. Peppiatt), 10/- (3), ND
(2 April 1940), prefixes Y80E, J35D, and L49D,
mauve, Britannia at left, value at right and in tablet at
low left (B251), first two about uncirculated, last good
extremely fine (3)
£180-220
1568
Bank of England, (K. O. Peppiatt), £5, 16
November 1945, serial number K79 032725, black
and white, ornate crowned vignette of Britiannia at
top left, value in black tablet at low left (B255),
minute ink mark in top margin, but still about
uncirculated
£80-120
1569
Bank of England, (K. O. Peppiatt), £5 (2), London,
14 March 1938, serial numbers B/195 09378 and
381, black and white, Britannia at top left, value in
tablet at low left (B241), both very fine (2)
£150-200
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April 10, 11 & 12, 2013 - LONDON
L. K. O’Brien
1570
Bank of England, (K. O. Peppiatt), £5, 13
September 1938, serial number B/276 86731, black
and white, ornate crowned vignette of Britiannia at
top left, value in black tablet at low left (B241), fresh
and uncirculated, a lovely example
£150-200
1573
Bank of England, (L. K. O’Brien), 10/-. ND
(1961), serial number A01 000191, brown and white,
Elizabeth II at right (EPM B286), about uncirculated
£150-200
1571
Bank of England, (K. O. Peppiatt), £5, 1 October
1938, serial number B/280 93151, black and white,
ornate crowned vignette of Britiannia at top left, value
in black tablet at low left (B241), about uncirculated
£150-200
1574
Bank of England, (L. K. O’Brien), £1, ND (1960),
serial number A01 000462, green and white,
Elizabeth II at right, value low left, value top right,
reverse green and white, Britannia top right (EPM B
281), uncirculated
£300-500
1572
Bank of England, (K. O. Peppiatt), 10/-, ND (25
October 1948), serial number 91E 442120, red,
Britannia at left, value at right and in tablet at low left
(B262), a solid good extremely fine and a very rare last
run of final series, a lovely find
£500-700
1575
Bank of England, (L. K. O’Brien), £1, ND (1960),
serial number A01 000441, green and white,
Elizabeth II at right, value low left, value top right,
reverse green and white, Britannia top right (EPM B
281), uncirculated
£300-500
359

WORLD BANKNOTES
Low Number ‘Lion and Key’ £5
1576
Bank of England, (L. K. O’Brien), £5, ND (1957), serial number A01 000205,
blue and white, Britannia at left, Saint George and the dragon low centre, reverse
blue, lion and key (EPM B 277), uncirculated
£600-800
1577
Bank of England, (L. K. O’Brien), £5, ND (1957), serial number A01 000206,
blue and white, Britannia at left, Saint George and the dragon low centre, reverse
blue, lion and key (EPM B 277), uncirculated
£600-800
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April 10, 11 & 12, 2013 - LONDON
J. Q. Hollom
1578
Bank of England, (J. Q. Hollom), £5, ND (1963), serial number A01
000086, blue and white, Elizabeth II at right, reverse blue, Britannia at
centre, value at centre and left and right (EPM B 297), uncirculated
£300-400
1579
Bank of England, (J. Q. Hollom), £5, ND (1963),
serial number A01 000129, blue and white, Elizabeth
II at right, reverse blue, Britannia at centre, value at
centre and left and right (EPM B 297), uncirculated
£250-350
1580
Bank of England, (J. Q. Hollom), £10, ND (1964),
serial number A01 000120, brown and white,
Elizabeth II at right, Britannia top left, reverse brown,
lion and key in field, value at centre and at left and
right (EPM B 299), uncirculated
£300-400
1581
Bank of England, (J. Q. Hollom), £10, ND (1964), serial number A01
000128, brown and white, Elizabeth II at right, Britannia top left, reverse
brown, lion and key in field, value at centre and at left and right (EPM B
299), uncirculated
£300-400
361

WORLD BANKNOTES
Three Experimental ‘Nelson’ Notes
1582
Bank of England, an experimental
design for a proposed issue (£1?), ND
(ca 1963), serial number A00Z
115663, green and pink and lilac,
Nelson at centre, reverse blank, pink
(EPM unrecorded), presumably a
trial printing for a possible design for a
£1, EXPERIMENTAL DESIGN in
low margin, engraved and the
printing of a high standard, highly
unusual and excessively rare
£300-500
1583
Bank of England, an experimental
design for a proposed issue (£1?), ND
(ca 1963), serial number Z00A
994102, green and pink and lilac,
Nelson at right in hexagonal frame,
ship of the line (probably the
Victory), printed signature of Nelson
Bronte low centre, T in value oval low
left and top right, EXPERIMENTAL
in text low left, reverse pink and
green, owl at centre,
EXPERIMENTAL in text below
(EPM unrecorded), The background
design as on the regular issue £1 of the
period. Presumably a trial printing for
a possible design for a £1,
EXPERIMENTAL DESIGN in low
margin, engraved and the printing of
a high standard, cross cancelled in the
print, uncirculated, highly unusual
and excessively rare
£500-700
WWW.SPINK.COM
1584
Bank of England, an experimental
design for a proposed issue (£1?), ND
(ca 1963), serial number A32T
498839, green and pink and lilac,
Nelson at right in hexagonal frame,
ship of the line (probably the
Victory), printed signature of Nelson
Bronte low centre, T in value oval low
left and top right, EXPERIMENTAL
in text low left, reverse pink and
green, owl at centre,
EXPERIMENTAL in text below
(EPM unrecorded), The background
design as on the regular issue £1 of the
period. Presumably a trial printing for
a possible design for a £1,
EXPERIMENTAL DESIGN in low
margin, engraved and the printing of
a high standard, highly unusual and
excessively rare
£500-700

April 10, 11 & 12, 2013 - LONDON
J. S. Fforde
1585
Bank of England, (J. S. Fforde), 10/- (2), ND
(1967), serial number R26 694906/907, brown,
Elizabeth II at right, reverse brown, Britannia (EPM B
309), a rare consecutive pair for the first prefix for the
first run, uncirculated (2)
£500-600
1588
Bank of England, (J. S. Fforde), £20, ND (1970),
serial number A01 000071, purple and multicoloured,
Elizabeth II at right, Saint George and the dragon at
top centre, reverse purple, William Shakespeare and
the balcony scene from Romeo and Juliet (EPM
B318), uncirculated
£500-700
J. B. Page
x1589
Bank of England, (J. B. Page), £1, ND (1970),
serial numbers BT06 788834/788844, green,
Elizabeth II at right (B322), PMG 65, uncirculated,
EPQ, a scarce numbering error
£80-120
1586
Bank of England, (J. S. Fforde), 10/- (2), ND
(1967), serial number R26 694908/909, brown,
Elizabeth II at right, reverse brown, Britannia (EPM B
309), a rare consecutive pair for the first prefix for the
first run, uncirculated (2)
£500-600
1590
Bank of England, (J. B. Page), £10 (38), including
two consecutive runs, serial numbers C20 600301-4
& C20 600306-22, brown and multicolour, Queen
Elizabeth II at right, value at lower left and top right,
lion with key on reverse, accompanied by a mixed lot
16 £10 of the same type, of Page (7), Fforde (8) &
Hollom (2) of which most are first series (B299, B316,
B326), generally good extremely fine and better (38)
£500-600
1587
Bank of England, (J. S. Fforde), £1 (2), ND (1967),
serial numbers U01E 528972/973, green and white,
Elizabeth II at right, small G on reverse, also £1, serial
prefix R72L (EPM B307), good extremely fine, the
U01E scarce (3)
£200-300
1591
Bank of England, (J. B. Page), £10, ND (1975),
serial number A01 000083, brown, Elizabeth II at
right, lily at centre, Britannia low left, reverse brown,
Florence Nightingale and the hospital at Scutari (EPM
B330), uncirculated
£350-450
363

WORLD BANKNOTES
1592
Bank of England, (J. B. Page), £5, ND (1971),
serial number A01 000083, blue, Elizabeth II at right,
Britannia seal low left, Victory in biga left centre,
reverse blue, Wellington and the battle of Waterloo
(EPM B332), uncirculated
£300-400
1595
Bank of England, (J. B. Page), £5, ND (1971),
serial number A01 000082, blue, Elizabeth II at right,
Britannia seal low left, Victory in biga left centre,
reverse blue, Wellington and the battle of Waterloo
(EPM B332), uncirculated
£300-400
1593
Bank of England, (J. B. Page), £5, ND (1973),
serial number 01A 000082, blue, Elizabeth II at right,
Britannia seal low left, Victory in biga left centre,
reverse blue, Wellington and the battle of Waterloo
(EPM B334), uncirculated
£250-350
1596
Bank of England, (J. B. Page), £1, ND (1978),
serial number A01 000082, green and coloured,
Elizabeth II at right, caduceus at centre, reverse green,
Sir Isaac Newton at right, also a £1 with serial number
A06 000302 (EPM B337), uncirculated (2)
£250-300
1594
Bank of England, (J. B. Page), £5, ND (1973),
serial number 01A 000083, blue, Elizabeth II at right,
Britannia seal low left, Victory in biga left centre,
reverse blue, Wellington and the battle of Waterloo
(EPM B334), uncirculated
£250-350
1597
Bank of England, (J. B. Page), £1, ND (1978),
serial number A01 000007, green and multicoloured,
Elizabeth II at right, caduceus at centre, reverse green
and orange, Newton at right (EPM B337),
uncirculated and a superb low number
£600-800
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April 10, 11 & 12, 2013 - LONDON
D. H. F. Somerset
x1603
Bank of England, (D. H. F. Somerset), £5 (10),
serial numbers JW79 48637-41, 43 and 47-50 blueblack
on multicolour underprint, Elizabeth II at right,
reverse Wellington (B343), about uncirculated or
better (10)
£80-120
1598
Bank of England, (J. B. Page), £1 (2), ND (1978),
serial numbers 81T 348429/430, green and orange,
Elizabeth II at right, caduceus top centre, Britannia
low left, reverse Sir Isaac Newton right centre (EPM
B339a), an experimental issue, good extremely fine and
a rare consecutive pair (2)
£250-350
x1604
Bank of England, (D. H. F. Somerset), £5 (10),
prefix KZ, consecutive, blue, and £10 (10), prefix BN,
consecutive, brown, all Elizabeth II at right
uncirculated (20)
£200-250
G. M. Gill
1599
Bank of England, (J. B. Page), £1, ND (1978),
serial numbers 81T 348431, green and orange,
Elizabeth II at right, caduceus top centre, Britannia
low left, reverse Sir Isaac Newton right centre (EPM
B339a), an experimental issue, good extremely fine, rare
£150-200
1600
Bank of England, (J. B. Page), £1, ND (1978),
serial numbers 81T 348432, green and orange,
Elizabeth II at right, caduceus top centre, Britannia
low left, reverse Sir Isaac Newton right centre (EPM
B339a), an experimental issue, good extremely fine, rare
£150-200
1601
Bank of England, (J. B. Page), £1, ND (1978),
serial numbers 81T 348433, green and orange,
Elizabeth II at right, caduceus top centre, Britannia
low left, reverse Sir Isaac Newton right centre (EPM
B339a), an experimental issue, good extremely fine, rare
£150-200
x1605
Bank of England, (G. M. Gill), specimen £50, ND
(21 July 1988), serial number A00 000000, brown on
multicolour underprint, Elizabeth II at right, phoenix
at centre, Britannia at low left, value at centre and top
left and right, reverse Sir Christopher Wren at right, St
Pauls at centre left, value at top right and low left
(B356s), red SPECIMEN overprints, specimen number
044, good very fine
£600-800
G. E. A. Kentfield
1602
Bank of England, (J. B. Page), £1, ND (1978),
serial numbers 81T 348435, green and orange,
Elizabeth II at right, caduceus top centre, Britannia
low left, reverse Sir Isaac Newton right centre (EPM
B339a), an experimental issue, good extremely fine, rare
£150-200
1606
Bank of England, (G. E. A. Kentfield), error £10,
ND (22 November 1993), no serial numbers, black on
orange and multicolour underprint, Elizabeth II at
right, Britannia at left, reverse Charles Dickens and
cricket match (B369 for type), 3mm wide black line
(printing error) down centre left of note, serial numbers
not printed, very fine and a scarce error
£200-250
365

WORLD BANKNOTES
British Armed Forces
1607
British Armed Forces, a specimen set of the first
issue, ND (1946), comprising 3D, 6D, 1/-, 2/6, 5/-,
10/-, £1, (Pick M9as-M15s), all De la Rue oval seal,
slight mounting traces, good extremely fine and scarce
(7)
£400-600
1608
British Armed Forces, a specimen set of the second
issue, ND (1948), comprising 3D, 6D, 1/-, 2/6, 5/-,
10/-, £5 (Pick M16as-M21as, 23s), all de la Rue oval
seal, slight mounting traces, good extremely fine and
scarce (7)
£300-400
1610
British Armed Forces, a specimen set of the third
issue, ND (1956), comprising 3D, 6D, 1/-, 2/6, 5/-,
10/-, (Pick M24s-M28s), all De la Rue oval seal, slight
mounting traces, good extremely fine and scarce, the 2/6
and the 5/- rare (6)
£800-1,200
Miscellaneous Lots
1611
A sizable collection of Bank of England notes in
three albums, comprising one album of £1 notes,
Peppiatt (14), Beale (21), O’Brien, (69), Hollom
(39), Fforde (52), Page (42), Somerset (14), one
album of 10/- notes, Peppiatt (10), Beale (7),
O’Brien (32), Hollom (28), Fforde (19), and one
album of other notes, 10/-, O’Brien (8), Hollom (2),
£1, Catterns (11), Peppiatt (3), O’Brien (1), £5,
O’Brien (8), Hollom (3), Fforde (3), Page (3),
Somerset (4), £10, Hollom (1), Page (3), Fforde (1),
Somerset (1), and £20, Fforde (1), Page (1) also
several provincial notes and two errors, unsigned
Page/Somerset £5 and Fforde £1 with extra paper at
left, mixed grades but almost all good fine to
uncirculated, full listing available on request, a very
interesting and useful lot (c.360)
£1,000-1,500
1612
Bank of England, a group of 10/- notes (21),
comprising Beale (2), consecutive pair of S85Z prefix,
O’Brien, early type (3), prefixes E80Y, J77Y, A39Y,
later type (2), prefixes B65 and H55, Hollom (3),
prefixes 60E and L62, and Fforde (11), prefixes M80,
C01N, C03N, and ten consecutive C26N, all red,
Britannia or Elizabeth II, generally about uncirculated
or better, some scarce prefixes, a useful group (21)
£150-250
†1609
British Armed Forces, a specimen set of the second
series, ND (1948), comprising 3D, 6D, 1/-, 2/6,
5/-, 10/- and £1 (Pick M16b-M22b), all perforated
and red De la Rue oval seal, good extremely fine and
rare (7)
£300-400
1613
Bank of England, a group of notes including, Fforde,
£10, prefix A90, and £5, prefix 52D, Elizabeth II at
right, O’Brien, £5, prefix H30, Britannia at left, Page,
£5, prefix AU55, Peppiatt, £1 (7), blue, also several
other 10/- and £1 notes (9), 6 of the Peppiate £1’s good
fine to about very fine, otherwise about uncirculated
(20)
£120-160
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April 10, 11 & 12, 2013 - LONDON
1614
A sizable group of notes from England, Scotland
and Ireland, including, Bank of England, Fforde 10/-
(3) and £1, Page, £10, Gill, £10, Somerset, £5 (2) and
£50, a Bernhard £5, 1936, also a Treasury 10/-,
Bradbury, Darlington Bank, cut cancelled £5,
Manchester bill of exchange for £150, 1815, Jersey
£1, and Guernsey £1 (3), several £1 notes from various
Scottish banks (5), National Commercial Bank of
Scotland, £5, and Commercial Bank of Scotland, £5,
purple, also a Royal Bank of Scotland Cheque, 1921,
Bank of Ireland, £1, 1943, Central Bank of Ireland £1
(2), £5, £10 and £20, 1989-91, £1, 1972, Ulster
Bank, £1, 1976, finally a cheque for £10, Dublin,
1829, very mixed grades, considerable face value, needs
viewing (33)
£250-300
1615
Bank of England, Hollom, £10, serial number A01
497282, Fforde, 10/- (5), prefix C43N, also Page, £1
(18), prefixes HT08 (7), CW17 (3), CZ57 (4), CR47
(3) and BX55 (B299, 310, 322), good extremely fine to
about uncirculated (24)
£100-150
ISLE OF MAN
1619
Isle of Man, Brawse Kirk Andrews, 1/-, 12 January
1814, serial number 748, black text on ochre card,
manuscript signature of John Bowstead low centre,
reverse triskeles (Quarmby 11), date unrecorded in
Quarmby, fresh and bright, good extremely fine and rare
in this grade
£250-350
1616
A group of Bank of England notes, comprising,
10/- (3), Peppiatt, purple, O’Brien, Fforde, £1 (11),
Peppiatt, blue, O’Brien (2), both types, Fforde, Page
(5), first type, consecutive serials, Page, second type,
and Somerset, £5 (7), Beale, black and white, Hollom,
Fforde, Gill (2), first type and Gill, second type,
Kenfield, £10 (4), Page, Gill, Kenfield (2), both types,
£20 (2), Gill, both types, also Falkland Islands, £1,
1977 and Czechoslovakia, 10 dinara, 1968, Falklands
£1 fine, others generally good extremely fine or better,
many about uncirculated (29)
£250-350
1617
A group of notes, including, Clydesdale and North of
Scotland Bank Limited, £5, 1960, purple and pale
green, also Royal Bank £1 (2), 1932, 1939, also Bank
of England £1 (8), Peppiatt blue, O’Brien, Page (5),
Somerset £1 (4), Peppiatt 10/- (2), O’Brien 10/- (3),
Hollom and Fforde (2) (Douglas 22-2), very fine or
better (23)
£80-100
1620
Isle of Man, Brawse Kirk Andrews, 2/6, 1
September 1815, serial number 1512, black text on
ochre card, manuscript signature of John Bowstead
low centre, reverse triskeles (Quarmby 12), slightly
faded otherwise good very fine and rare
£250-350
x1618
National Equitable Labour Exchange, an unissued
note for 10 hours, 22 July 1833, black and grey,
beehive top left (Industry) and scales top right (Justice
and equality) good very fine
£80-100
367

WORLD BANKNOTES
An Exceptional Mount Gawne £1 of 1832
1621
Mount Gawne Bank, £1, 31 October 1832, serial number 2715, black and white, bank house top
centre, value in vertical black tablet at left, partners initials in vertical tablet at right, manuscript
signature of Edw. Gawne low right, reverse black and white, triskeles at centre, ornate scrollwork
around (Quarmby 214, one example known in archives), ink annotation ‘Found by Mr Walter in the
old iron chest 9 decr 1842’ across face of note, a fresh good very fine and excessively rare, a lovely note
£2,000-3,000
1622
Douglas and Isle of Man Bank, part issued £1, Douglas, 18-, black and white, view of Douglas
harbour top centre, manuscript signature of James Holmes low right, reverse triskeles (Quarmby
232 for type), good very fine
£150-200
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April 10, 11 & 12, 2013 - LONDON
1623
Isle of Mann Commercial Banking Company
Limited, £1, Douglas, 12 October 1838, serial
number 706, black and white, Douglas harbour and
ships top centre, allegorical maiden low left and right,
two manuscript signatures below of Johnson and
Dickie, reverse black and white, Peel castle and
triskeles at centre, cherub at left and right (Quarmby
241), almost very fine and very rare, Quarmby states ‘2
known, in archives’
£1,000-1,400
1626
Isle of Man Government, £10, ND (1961-), serial
number 112071, brown, green and violet, Elizabeth II
at right, triskeles at centre, Paul signature (Pick 31b),
about uncirculated, rare
£400-500
1624
Isle of Man Bank Limited, £1, 20 May 1940, serial
number D/3 2569, blue, green and lilac, view of
Douglas Harbour at top centre, manuscript signature
at low left, also £1, Paul signature, Series F, specimen
10/-, ND (1961), Garvey signature (Pick 6b, 24s,
29d), fine and uncirculated (3)
£80-100
1627
Isle of Man Government, £20, ND (1979), serial
number 002522, red and multicoloured, Elizabeth II
at right, triskeles at centre, Dawson signature (Pick
37a), uncirculated
£140-180
1625
Isle of Man Government, 10/-, ND (1961 issue),
serial number A494512, red on multicolour, 50 new
pence, ND (1969 issue), serial number 177342,
turquoise on multicolour, £1, ND (1961 issue), serial
number C019679, purple on multicolour, all with
Stallard signature, all with Elizabeth II at right, arms
at low centre, map of the island above, value at top left
and low right (Banknote Yearbook IM21b, IM22,
IM31b), about uncirculated to uncirculated, all very
fresh and nice set (3)
£100-150
GUERNSEY
x1628
States of Guernsey, 6D, 1 January 1942, serial
number 2401, black on blue and lilac, value at left and
right, Marquand signature (Pick 24, McCammon GN
35ii), extremely fine thus scarce
£100-150
369

WORLD BANKNOTES
x1629
States of Guernsey, 1/3D, 16 october 1941, serial
number O 3933, black and brown on white, value in
underprint at centre and at left and right, Marquand
signature, also a 1/3D, as previous but red-orange 1/-
at centre (Pick 23, 29, McCammon GN 36iii, 37), fine
(2)
£80-120
x1632
States of Guernsey, £1 (4), 1953, 1954, 1962 (3),
violet and green, view of Saint Peter Port top centre,
value in green at centre, Guillemette signature low
right, value at each corner, reverse green guilloche at
centre, arms at centre (Pick 43a, b, McCammon GN
44), generally very fine (5)
£150-250
x1633
States of Guernsey, £1, 1 March 1962, serial number
19/R 1698, purple on green underprint, view of St
Peterport at top centre, value at centre and each corner
(Pick 43b), PMG 64, gem uncirculated
£80-120
x1634
States of Guernsey, £1 (7), 1962 (3) and1963 (4),
violet and green, view of Saint Peter Port top centre,
value in green at centre, Guillemette signature low
right, value at each corner, reverse green guilloche at
centre, arms at centre (Pick 43b, McCammon GN
44), good very fine (7)
£220-280
x1630
States of Guernsey, 2/6D, 1 January 1942, serial
number A/U 3267, dark blue on pale blue paper
French paper, value in orange at centre, value at each
corner, Marquand signature (Pick 25A, McCammon
GN 38 iii), almost very fine, scarce
£120-180
1635
States of Guernsey, £1 (5), ND (1969-), prefixes A,
B, D, E, H, green and multicoloured, arms at centre,
Guilliemette (2), Hodder (2) and Bull signatures (Pick
45a, b, c, McCammon GN 46), about uncirculated to
uncirculated (5)
£80-120
1631
States of Guernsey, £1, 1 August 1945, serial
number 2/E 2548, violet and pale green, view of
harbour top centre, value in green, guilloche at centre,
Marquand signature (Pick 43a, McCammon GN 45) a
solid good very fine, scarce
£150-200
1636
States of Guernsey, £5, ND (1969-), serial number
A978301 violet, value in orange at left, arms in orange
at right, Hodder signature and £5, serial number
B359321 (Pick 46b, McCammon GN 48), first with
part of a red bank stamp at centre, otherwise both
uncirculated (2)
£150-200
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April 10, 11 & 12, 2013 - LONDON
JERSEY
x1637
States of Jersey, 2/-, ND (1941), pink-orange and
blue, arms at left, value at right, reverse value in blue
at centre (Pick 4a), uncirculated thus scarce
£200-250
x1639
States of Jersey, 10/-, ND (1941-), serial number
8169, green, arms at left (Pick 5a), slight miscut at low
left otherwise a fresh and bold good extremely fine
£200-300
x1638
States of Jersey, 6D, pale red, 1/-, pale blue and
brown, 2/-, pale pink-brown and blue, all ND (1941),
(Pick 1a, 2a, 3a), good extremely fine to uncirculated,
scarce in this grade (3)
£200-300
x1640
States of Jersey, £1, ND (1941-), serial number 200,
green and liac, arms top left (Pick 6a), fresh, about
uncirculated and scarce in this grade
£350-450
1641
States of Jersey, £5, ND (1963 issue), serial number
A729501, red on multicolour, also 10/- and £1, both
ND (1963 issue), serial numbers B985562 and
D921461 respectively, brown and green respectively
on multicolour underprint, all Padgham signatures,
Elizabeth II at right, arms at low centre, value at top
left and right (Banknote Yearbook JE10, JE11a,
JE21a), fresh and original, about uncirculated to
uncirculated (3)
£150-250
371

WORLD BANKNOTES
SCOTLAND
1642
Dumfries Commercial Bank, 1 guinea, 4 January
1805, serial number 2/72, black and white, bank title
at left (Douglas 4), presentable enough, very fine, scarce
£150-200
x1644
Bank of Scotland, £100, Edinburgh, 2 April 1959,
serial number 10/L 0912, orange-brown and grey,
arms top centre, value in red tablet top left and right,
arms in vertical panel at left, Scotia in blue circular
frame at centre, printed signatures of Bilsland and
Watson (Douglas 90b-1), PMG 45, choice extremely
fine, scarce
£800-1,200
1643
Bank of Scotland, £1, 24 January 1893, 10
November 1890, serial number 16/H 2866, brown
and grey, arms at left, arms top right, Stormonth
Darling signature low centre, also another example
with date 19 April 1894, serial number 34/I 3003,
same as previous but MacNeil signature (Douglas 76a-
1, 76a-3), manuscript ‘Specimen’ across face, top right
margin damaged by damp otherwise VG, the second note
with similar damage but otherwise good very fine and
fresh, rare (2)
£400-500
1645
British Linen Company, specimen £100, Edinburgh,
ND (18-), blue and white, bank initials in red
underprint at centre, arms at top centre, Britannia in
circular frame at left centre (Douglas 57-1),
cancellation holes, a bright and fresh good extremely fine,
rare
£600-800
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1646
British Linen Bank, £5 (4), 1947, 1956 (2) and
1959, also £20, 1953, all blue on multicolour
underprint, arms at top right centre, flanked by values,
Britannia at centre left, reverse blue, Britannia at
centre (Banknote Yearbook SC214b, 214c, 235b), all
the £5’s good fine to about very fine, 1947 with graffiti
on reverse, otherwise clean, the £20 with some graffiti in
top margin, a solid enough fine (5)
£70-100
1649
Clydesdale & North of Scotland Bank Limited,
specimen £1 (2), 1955, 1958, blue-black, arms at top
centre, docks at left, farmland at right, also specimen
£5, 2 September 1953, purple, and £20, 1 June 1955,
green, both with King’s College, Aberdeen, at left,
Glasgow Cathedral at right (Banknote Yearbook
SC311as, 311bs, 313as, 315as), cancellation holes and
red De la Rue ovals, one £1 overprinted SPECIMEN,
mounting traces, thus extremely fine to about
uncirculated (4)
£300-400
1647
British Linen Bank, £5 (2), 19 July 1943, serial
numbers H/7 7/475 and 476, blue, red sunburst
design at centre, arms top centre, value top left and
right, Britannia left centre, printed signatures of
Waugh and Mackenzie, reverse blue, Britannia at
centre, value at left and right (Douglas 54b-1), soft
creases otherwise a fresh and original consecutive pair,
almost uncirculated (2)
£500-600
1648
No lot
1650
Clydesdale & North of Scotland Bank Limited,
specimen £100, 2 May 1951, serial number A000000,
blue on pale yellow underprint, King’s College,
Aberdeen, at left, Glasgow Cathedral at right, value at
centre and each corner, reverse arms at centre value at
left and right (Banknote Yearbook SC316as, Douglas
24-1), cancellation hole, black De la Rue oval at right,
mounting traces, thus about uncirculated
£350-450
373

WORLD BANKNOTES
1654
Commercial Bank of Scotland Limited, £5 (2),
1944, prefix 15/O, blue, yellow and red, classical
frieze top centre, John Pitcairn low centre, Thomson
and Erskine signatures (Douglas 49b-4), almost very
fine (2)
£80-100
1651
Clydesdale Bank Limited, a sheet of four unissued
£20, Glasgow, ND (c.1945), blue and white, value
and Bank title in pale red underprint, arms top centre,
printed signatures of Mitchell and Young, reverse blue
and white, arms at centre, value at left and right
(Douglas 17-3), CANCELLED handstamp, about
extremely fine and very rare
£650-850
1655
Commercial Bank of Scotland, proof £10 on card,
18-, black and white, classical frieze top centre, also
£1, 1932, £5, 1931 and £20, 1928, all blue, yellow
and pale red, classical frieze top centre, Pitcairn low
centre, last two (Douglas 50-3), first scuffed, fine and
rare. Balance about very fine (4)
£250-350
1652
Clydesdale Bank Limited, £10, 1 February 1978,
serial number D/AF 068659, dark brown on
multicolour underprint, Livingstone at left, also £1,
1969, prefix C/R and Clydesdale and North of
Scotland Bank Limited, £1, 1963, prefix B/G, both
dark green on multicolour, arms at right (Banknote
Yearbook SC312, 317b, 322b), first good extremely
fine, others about uncirculated (3)
£100-150
†1656
National Commercial Bank of Scotland Limited,
an obverse and reverse composite essay for a £5, 16
September 1959, serial number 123456, blue green
and multicoloured, arms low centre, Alexander
signature at right, reverse blue, the Forth Railway
bridge (Douglas 2 for type), unique
£200-300
1653
Commercial Bank of Scotland Limited, specimen
£1, 31 October 1924, blue, yellow and red, classical
frieze top centre, Thomson and Roberts signature,
(Douglas 48-2), red SPECIMEN overprint, perforated,
uncirculated and scarce
£150-250
1657
National Commercial Bank of Scotland Limited,
£10, 1966, prefix A/1, brown, arms low centre,
Alexander signature, also Royal Bank of Scotland
Limited, £10, 1969, prefix A/1, brown, arms low
centre, Burke signature (Douglas 8-1, 3-1), good very
fine and extremely fine (2)
£150-200
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1658
North of Scotland Bank Limited, £20, 1 March
1934, serial number A 0120/0123, purple and green,
the Marishal college top centre, one printed and one
manuscript signature (Douglas 25), fine, scarce
£100-150
x1659
North of Scotland Bank Limited, £100, Aberdeen,
1 July 1940, serial number AC 0200, purple and pink,
King’s college top centre, value and arms at right,
value at left, Harvey-Smith signature low right, reverse
purple and pink, arms at centre (Douglas 33-1), in
PMG holder 50, about uncirculated, EPQ, rare in this
grade
£1,000-1,400
1661
Royal Bank of Scotland, £5, 16 October 1950, serial
number F 4240/7861, uniface, blue on yellow
underprint, arms at top centre, large ornate tablet at
left, value at centre and top left and right (Banknote
Yearbook SC806c for type), final date of issue,
perforated PAID and stamped SPECIMEN, an
unusual item, presumable taken out of circulation,
stamped with specimen and then perforated, very fine
and interesting
£200-250
1662
Royal Bank of Scotland, £20, 1 August 1914, prefix
D, blue and white with value and brown tablet at
centre, manuscript signatures low right, also £5, 2
February 1929, as previous, printed signature of Speed
low right (Douglas 44b, 42b-3), fine to good fine (2)
£150-200
1660
Royal Bank of Scotland, a sizable group of notes
comprising £1 (11), 1928, 1939, 1947, 1952, 1954,
1955, 1965, 1966, 1967, 1969 and 1970, £5 (5),
1966, 1969, 1970 (2), 1976 and 1985, £10, 1969,
and £20 (3), 1969, 1981 and 1982, earliest £1’s
pressed, thus very fine, others generally extremely fine to
uncirculated, a very attractive group with very little
duplication (20)
£800-1,000
1663
Royal Bank of Scotland Limited, £10 (2), 1 may
1979, serial number A/17 821317 and Royal Bank
of Scotland plc, £10, 4 January 1984, serial number
A/72 775017, brown on multicolour underprint,
arms at right, value at centre, bottom left and right
corners, reverse Glamis castle at centre left (Banknote
Yearbook SC819, SC851a), about uncirculated to
uncirculated (2)
£180-220
375

WORLD BANKNOTES
1664
Royal Bank of Scotland plc., £1 (7), 1992, serial
numbers EC 0000027/28/29.45/46/47/48 green
and multicoloured, Lord Ilay at right, Europaean
Summit commemorative issue (Pick 356a),
uncirculated and very low serial numbers (7)
£150-250
1665
Royal Bank of Scotland plc., £1 (3), 1997, serial
numbers AGB 026400s/005/008 green and
multicoloured, Lord Ilay at right, telephone at left
(Alexander Graham Bell commemorative issue), also
Scottish Parliament £1 (5), 1999, serial number SP
0700003/8/18/99/100 (Pick 358a, 360a),
uncirculated and very low serial numbers (8)
£150-250
1666
Royal Bank of Scotland plc., £1 (6), 1992, serial
numbers EC 0000034/35/36/37/38/39, green and
multicoloured, Lord Ilay at right, European Summit
commemorative issue (Pick 356a), uncirculated and
very low serial numbers (6)
£150-250
1667
Royal Bank of Scotland plc., £5 (5), 2002, serial
numbers TQG J0000045/46/47/48 and 2897, blue
and multicoloured, Lord Ilay at right, the Queen’s
Golden Jubilee commemorative issue (Pick 362),
uncirculated and very low serial numbers (5)
£200-250
1668
Royal Bank of Scotland plc., £10 (2), 2012, serial
numbers TQD J0000417/418, brown and
multicoloured, Lord Ilay at right, Diamond Jubilee
commemorative issue, also £50, 2005, serial number
RBS 00464, green, Lord Ilay at right, (Pick 366),
uncirculated and low serial numbers (3)
£120-180
1670
Union Bank of Scotland Limited, a sheet of sixteen
unissued uniface £1 (16), 5 December 1931, series F,
blue, red and orange, arms top centre, equestrian
statue low left and right, signatures of Hird and
Mcrindle (Douglas 41b-1), perforated, printers
adjustment marks, good very fine and unusual
£200-300
x1671
Union Bank of Scotland Limited, £20, 1 September
1947, serial number B 206/027, blue, red and pale
orange, arms top centre, value top left and right, value
in red sunburst at centre, equestrian statue at left and
right, two printed signature below of Morrison and
Wilson (Douglas 39-3), fresh, extremely fine and scarce
£400-500
1669
Union Bank of Scotland Limited, a sheet of sixteen
unissued uniface £1 (16), 1 June 1933, series G, blue,
red and orange, arms top centre, equestrian statue low
left and right, signatures of Hird and Wink (Douglas
41b-1), large cancellation holes in each note, annotated
‘Standard for Warehouse 28/6/33’, good very fine and
unusual
£200-250
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
IRELAND
1672
Belfast Banking Company Limited, £1, 6 January
1916, serial number J/B 982, black and grey, value in
pale blue central panel at centre, arms top right centre
and at left, manuscript signature low right, reverse
blue and white (PMI BB 49c), piece missing at right
margin otherwise fine and a pleasing example, rare
£350-450
1675
Central Bank of Ireland, a full set of Lady Lavery
notes, comprising 10/-, 7 October 1965, orange, £1,
17 May 1974, green, £5, 12 May 1960, brown, £10,
2 December 1976, blue, £20, 1 April 1970, red, £50,
4 April 1977, purple, £100, 10 April 1975, olive
green, all with Lady Lavery at left, value at each corner
(PMI LTN 47, 60, 42, 64, 57, 66, 59b), all fresh and
original, £20 extremely fine, £5 and £10 good very fine,
others about very fine, a lovely set (7)
£300-400
1676
Central Bank of Ireland, £10 (2), 1950, 1976, red
prefixes 50V, 49d, blue, green and lilac, Lady Lavery
at left, Brennan/McElligott and Murray/O’Murchu
signatures respectively (PM1 LTN 29, 64), first pressed
extremely fine, second about uncirculated (2)
£100-150
1673
Provincial Bank of Ireland, £1, Ballina, red 1
November 1828, red serial numbers 2809/2525,
black and white, Britannia and Hibernia top centre,
head of George IV top left, value in oval top right,
manuscript signatures below, BALLINA in margins
red CANCELLED handstamp, very good to fine and a
pleasing and early example, rare
£300-400
1674
Central Bank of Ireland, £1, 3 February 1943, red
prefix 74M, green and pale orange, Lady Lavery at left,
Brennan/McElligott signatures, war time code letter
G at right (PM1 LTN 22), pressed, about extremely fine
£60-80
1677
Central Bank of Ireland, specimen £20, 16 January
2001 (c.1961), serial number 01X 000000, red and
pale orange, Lady Lavery at left, value at right, value at
each corner, Muimhneachain and Whitaker signatures
reverse red and pale orange, River God at centre, value
at left and right (Pick 67a), black SPECIMEN
overprint, perforated, mounting traces otherwise about
uncirculated and scarce
£300-400
377

WORLD BANKNOTES
An Unrecorded ‘Ploughman’ Colour Trial £1
1678
Currency Commission, Bank of Ireland, colour trial 1 pound, 5-9-78 (1929),
prefix 00ZK, blue and green and orange, ploughman and plough team at centre,
value low left and right, Brennan and Gargan signatures, reverse blue, the Customs
house in Dublin (Pick 8ct, PMI CBN 1var), mounting traces on reverse, slight
staining at left, the PMI colour trial illustrated is brown, good extremely fine and very
rare
£1,000-1,400
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1679
Currency Commission, Bank of Ireland, £1, 24 March
1932, prefix 33BA, green and pale orange, ploughman and
team at centre, Brennan and Gargan signatures (PM1 CBI
1), good very fine, scarce
£200-300
x1680
Currency Commission, Bank of Ireland, £1, 19
May 1936, serial number 61 BA 058079, green on
multicolour underprint, ploughman at right, horses at
left, value at centre and low left and right (Pick 8a,
PMI CB1), PMG 35, choice very fine, thus above
average for type
£250-350
1681
Currency Commission, The Hibernian Bank
Limited, £1, 5 August 1939, serial number 24HA
001276, green on multicolour underprint, ploughman
and horses at left and right, value at centre and low
corners, reverse Dublin Customs House (PMI CBH
5), some edge and surface dirt, overall an original very
fine
£400-500
1682
Currency Commission, The Hibernian Bank Limited,
£1, 5 August 1939, serial number 24HA 001292, green on
multicolour underprint, ploughman and horses at left and
right, value at centre and low corners, reverse Dublin
Customs House (PMI CBH 5), some edge and surface dirt,
overall fresh and original very fine
£450-550
379

WORLD BANKNOTES
1683
Currency Commission,
Bank of Ireland, colour
trial 5 pounds, 5-9-78
(1929), prefix 00ZK, violet
and orange, ploughman and
plough team at centre, value
low left and right, Brennan
and Gargan signatures,
reverse Saint Patrick’s
bridge in Cork (Pick 9ct,
PMI CBN 2), mounting
traces, good extremely fine
and very rare
£1,000-1,500
1684
Currency Commission,
Bank of Ireland, colour
trial 10 pounds, 5-9-78
(1929), prefix 00ZK, red,
ploughman and plough
team at centre, value low left
and right, Brennan and
Gargan signatures, reverse
ornate building entrance
(Pick 10ct, PMI CBN 3),
mounting traces, good
extremely fine and very rare
£1,500-2,000
1685
Currency Commission,
Bank of Ireland, colour
trial 20 pounds, 5-9-78
(1929), prefix 00ZK, redorange
and green,
ploughman and plough
team at centre, value low left
and right, Brennan and
Gargan signatures, reverse
red-orange, the Rock of
Cashel in County Tipperary
(Pick 11ct, PMI CBN4),
mounting traces, good
extremely fine and very rare
£1,500-2,500
WWW.SPINK.COM

April 10, 11 & 12, 2013 - LONDON
1686
Currency Commission, Bank of Ireland, colour trial 50 pounds, 5-9-78 (1929), blue and green,
ploughman and plough team at centre, value low left and right, Brennan and Gargan signatures,
reverse blue, Croagh Patrick, Co.Mayo (Pick 12ct, PMI CBN5), mounting traces, good extremely
fine and very rare
£2,000-3,000
A Spectacular Colour Trial ‘Ploughman’ £100
1687
Currency Commission, Bank of Ireland, colour trial 100 pounds, 5-9-78 (1929), green,
ploughman and plough team at centre, value low left and right, Brennan and Gargon signatures,
reverse green, Killiney Bay, Co. Dublin (Pick 13ct, PMI CBN 6), ), mounting traces, good extremely
fine and very rare
£2,000-3,000
381

WORLD BANKNOTES
x1688
Northern Bank Limited, £100, 1 October 1968,
serial number N-I/BB 03732, black and blue, ship
and allegorical symbols top centre, value at left and
right, value low left, value in blue at centre, reverse
blue and white, bank initials at centre, value at left and
right (PMI NR 86), red SPECIMEN overprint,
uncirculated
£500-700
x1689
Ulster Bank Limited, £20, Belfast, 1 January 1944,
red serial number 22174, black and white, value in
blue at centre, allegorical symbols top centre,
manuscript signature low right (PM1 UB 59), PMG
40, extremely fine, EPQ
£400-600
1690
A group of Irish notes, comprising Bank of Ireland,
£1 and £5, ND (1967), Central Bank of Ireland, 10/-
and £1, 1968 and 1969 respectively, Northern Bank
Limited, £1, 1 January 1940, £1, 1 July 1970,
Provincial Bank of Ireland, £1, 1 January 1970, and
Ulster Bank Limited, £1, 4 October 1966 (PMI
BA104, 105, LTN 47, 48, NR68, 87, PR99, UB64),
about uncirculated or better, a nice group (8)
£350-450
END OF THE SALE
WWW.SPINK.COM

THE DAVID KIRCH COLLECTION OF
ENGLISH PROVINCIAL BANKNOTES
PART III: WALES & THE WEST MIDLANDS
18 APRIL 2013 ❘ LONDON
Chepstow Bank (George Buckle,
Willm Crawshay Junr and James Proctor),
specimen £10, 18-,
a Perkins and Heath print; a beautiful
specimen with an unseen denomination
from a rare series.
Estimate £500 - £600
THE DAVID KIRCH COLLECTION OF
BANK OF ENGLAND NOTES PART II
19 APRIL 2013 ❘ LONDON
Bank of England, Frank May (1873-1893),
specimen £1000, London, 24 February 1880,
serial number 14/H 00000,
fresh, extremely fine and very rare
Estimate £14,000 - £18,000
For more information please contact Barnaby Faull:
Tel: +44 (0)20 7563 4031 Fax: +44 (0)20 7563 4066 Email: bfaull@spink.com
69 Southampton Row, Bloomsbury, London WC1B 4ET
WWW.SPINK.COM

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NAME ______________________________________________________
ADDRESS
SALE TITLE DATE CODE NAME SALE NO.
World Banknotes Wednesday 10 April 2013 at 1.00 p.m. ROSSINI 13004
Thursday 11 April 2013 at 10.00 a.m. and 2.00 p.m.
Friday 12 April 2013 at 10.00 a.m.
I request Spink, without legal obligations of any kind on its part, to bid on the following Lots up to the price given below.
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WORLD BANKNOTES
10-12 APRIL 2013
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Please hold my purchased lots for collection Continued ...
LONDON

DATE
SALE NO.
Wednesday 10 April 2013 at 1.00 p.m., Thursday 11 April 2013 at 13004
at 10.00 a.m. and 2.00 p.m. and Friday 12 April 2013 at 10.00 a.m.
PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING
Lot Number
(in numerical order)
Price Bid £
(excluding Buyer’s Premium)
Lot Number
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Price Bid £
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Lot Number
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SALE:
AUCTION RESULTS
World Banknotes
SALE NO: 12024
DATE: Thursday 13 December 2012
VENUE: London
Spink & Son Ltd
69 Southampton Row
Bloomsbury
London WC1B 4ET
Tel: (020) 7563 4000
The following prices in sterling do not include the buyer’s premium and are rounded to the
nearest pound. Lots which did not sell are not shown.
Spink & Son are not responsible for typographical errors or omissions.
Lot Price
1 £580
2 £740
3 £420
4 £360
5 £1,000
6 £450
7 £300
10 £250
11 £600
12 £3,200
16 £2,500
17 £800
19 £220
20 £31,000
21 £130
22 £29,000
23 £35,000
24 £200
25 £18,500
26 £250
27 £180
28 £32,000
30 £260
31 £130
32 £850
33 £140
34 £160
35 £220
37 £880
38 £180
39 £620
40 £180
41 £480
42 £1,900
43 £520
44 £650
45 £780
46 £680
49 £620
50 £320
51 £280
52 £380
Lot Price
54 £700
55 £7,000
56 £600
57 £160
58 £580
59 £210
60 £750
62 £750
63 £110
64 £90
65 £580
66 £480
67 £190
68 £220
69 £720
70 £240
71 £280
72 £300
73 £180
75 £500
76 £450
78 £600
79 £350
80 £520
81 £620
82 £650
83 £180
84 £560
85 £1,250
87 £600
88 £2,300
89 £1,400
90 £1,150
91 £1,600
92 £320
93 £360
94 £850
95 £150
96 £240
97 £300
98 £100
99 £460
Lot Price
100 £160
101 £600
102 £200
103 £950
104 £1,250
105 £750
106 £1,600
107 £850
108 £1,400
109 £2,100
110 £2,400
111 £2,300
112 £1,200
113 £480
114 £850
115 £300
116 £420
117 £550
118 £280
119 £450
123 £180
127 £3,300
128 £1,150
129 £150
130 £300
131 £80
132 £300
133 £90
134 £140
135 £4,500
136 £6,100
137 £750
138 £850
139 £700
140 £750
141 £1,900
142 £2,100
143 £2,600
144 £2,100
145 £1,400
146 £1,500
147 £2,600
Lot Price
148 £2,500
149 £2,600
150 £1,400
151 £3,200
152 £160
153 £5,400
154 £2,400
155 £1,500
156 £850
157 £1,200
158 £1,500
159 £1,250
160 £2,700
161 £3,800
162 £4,200
163 £480
164 £500
165 £1,600
166 £1,900
167 £3,500
168 £1,400
169 £580
170 £320
171 £620
172 £130
173 £130
174 £280
177 £280
178 £540
179 £240
180 £320
181 £440
182 £420
185 £650
186 £550
187 £450
188 £120
189 £90
190 £1,350
191 £500
192 £600
193 £460
Lot Price
194 £600
195 £300
197 £700
201 £440
202 £1,050
203 £2,400
204 £300
205 £400
206 £580
207 £9,200
208 £3,600
211 £100
212 £420
213 £380
214 £560
215 £1,800
216 £2,500
221 £1,200
223 £2,000
224 £90
225 £7,200
226 £14,600
227 £21,000
228 £260
229 £340
230 £340
231 £340
232 £850
233 £1,050
234 £1,700
235 £650
236 £1,150
237 £750
238 £600
239 £2,600
240 £6,800
241 £520
242 £1,400
243 £850
244 £750
245 £1,000
246 £850
Lot Price
247 £850
248 £380
249 £680
250 £320
251 £360
252 £9,000
253 £1,000
254 £2,500
255 £2,000
256 £2,100
257 £2,300
258 £2,100
259 £1,300
260 £3,000
262 £240
263 £140
264 £140
266 £110
269 £550
271 £300
273 £550
274 £1,900
275 £1,500
276 £140
277 £260
278 £800
279 £750
280 £90
285 £650
286 £190
288 £480
293 £220
301 £4,800
303 £140
304 £1,100
305 £350
306 £1,600
307 £360
308 £380
310 £200
312 £440
313 £720

Lot Price
314 £750
315 £520
316 £600
317 £1,150
318 £150
319 £3,200
320 £500
322 £300
323 £1,000
326 £90
328 £780
329 £1,100
330 £950
331 £1,300
332 £1,500
333 £1,000
334 £1,400
335 £650
336 £1,900
337 £2,000
338 £800
339 £2,200
340 £900
341 £300
342 £350
343 £360
344 £320
345 £360
346 £360
347 £320
348 £420
349 £300
350 £260
351 £150
352 £360
353 £750
354 £950
355 £320
356 £480
357 £360
358 £460
359 £380
360 £550
361 £200
362 £400
363 £1,600
364 £500
368 £260
369 £400
370 £180
372 £280
373 £400
377 £240
378 £200
380 £1,100
381 £80
382 £1,200
383 £750
384 £360
385 £650
386 £700
387 £210
388 £520
389 £440
390 £360
Lot Price
391 £580
392 £600
393 £800
394 £750
396 £190
397 £300
398 £380
399 £12,000
400 £1,100
401 £2,800
402 £580
403 £620
404 £620
405 £1,280
406 £420
407 £480
408 £700
409 £2,400
410 £4,100
411 £780
412 £2,500
413 £650
414 £520
415 £1,400
416 £500
417 £1,900
418 £950
420 £240
421 £260
424 £460
425 £550
426 £900
427 £360
429 £950
430 £2,200
431 £4,200
433 £900
434 £1,700
436 £3,200
437 £1,400
438 £400
439 £180
440 £180
441 £380
442 £140
443 £130
445 £140
446 £900
447 £900
448 £1,000
449 £190
451 £480
452 £560
453 £200
454 £600
455 £500
456 £350
457 £540
458 £800
459 £200
460 £700
461 £90
462 £360
463 £230
464 £340
Lot Price
465 £620
466 £750
467 £140
468 £150
469 £580
470 £580
471 £200
472 £220
474 £1,350
475 £160
476 £220
477 £190
478 £600
479 £1,800
480 £1,600
481 £400
483 £450
484 £280
485 £850
486 £1,000
487 £900
488 £130
489 £300
490 £950
491 £750
492 £550
493 £350
494 £180
495 £950
496 £380
497 £380
498 £380
499 £950
500 £650
501 £850
502 £800
503 £850
505 £700
506 £480
507 £420
508 £420
510 £220
511 £550
512 £200
513 £160
514 £460
515 £1,300
516 £140
518 £80
521 £280
522 £500
523 £720
524 £190
525 £1,250
526 £1,300
527 £480
528 £580
529 £340
530 £680
531 £420
532 £500
533 £350
534 £460
535 £520
536 £1,850
Lot Price
537 £8,200
538 £260
539 £150
540 £8,200
541 £180
542 £200
543 £660
544 £280
545 £440
546 £500
547 £220
548 £220
550 £90
552 £720
554 £260
555 £500
556 £300
557 £520
558 £560
559 £440
560 £320
561 £170
562 £4,200
563 £4,200
564 £190
565 £14,200
566 £11,200
567 £500
568 £160
569 £2,400
570 £220
571 £260
572 £220
573 £850
574 £900
575 £120
576 £220
577 £220
578 £100
579 £200
580 £150
581 £140
582 £120
583 £170
584 £200
585 £820
586 £260
587 £150
588 £260
589 £90
590 £260
591 £70
592 £220
593 £300
594 £650
595 £750
596 £250
597 £180
598 £450
599 £420
600 £950
601 £3,100
602 £100
603 £110
604 £160
Lot Price
605 £130
606 £320
607 £130
608 £420
609 £440
610 £780
611 £520
612 £180
613 £1,050
614 £80
615 £220
616 £220
617 £260
618 £160
619 £130
620 £620
621 £340
623 £150
624 £400
625 £340
626 £130
628 £200
629 £220
630 £80
632 £160
633 £140
634 £240
636 £340
637 £150
638 £170
639 £240
640 £130
642 £280
643 £580
644 £220
645 £440
646 £300
647 £400
648 £280
649 £850
650 £520
651 £140
652 £180
653 £580
655 £220
656 £170
657 £110
658 £420
659 £480
660 £480
661 £120
662 £300
663 £120
664 £280
665 £320
666 £260
667 £120
668 £170
669 £140
670 £280
671 £280
672 £120
673 £260
674 £320
675 £80
Lot Price
676 £190
677 £180
679 £180
680 £550
681 £950
682 £950
683 £460
684 £170
685 £70
686 £240
688 £230
689 £170
691 £90
692 £80
693 £120
694 £280
696 £120
697 £130
698 £140
699 £120
701 £140
703 £250
704 £120
705 £280
707 £1,700
708 £780
709 £440
710 £340
711 £340
712 £300
713 £320
714 £320
715 £300
716 £120
717 £150
718 £220
719 £150
720 £220
721 £150
722 £220
723 £130
724 £210
725 £260
727 £350
728 £350
729 £260
730 £320
731 £420
732 £170
733 £80
734 £220
736 £150
737 £150
739 £1,600

TERMS AND CONDITIONS FOR BUYERS
These conditions set out the terms on which we (Spink and Son Limited of 69 Southampton Row, Bloomsbury London WC1B 4ET (company no. 04369748)) contract
with you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.
1 DEFINITIONS
The following definitions in this condition apply in these conditions.
Auctioneers’ Margin Scheme means a VAT margin scheme as defined by HM Revenue & Customs;
Buyer’s Premium
means the charge payable by you as a percentage of the Hammer Price, at the rates set out in clause 5.1 below;
Certificate of Authenticity means a certificate issued by an Expert Committee confirming the authenticity of a Lot;
Expert Committee means a committee of experts to whom a Lot may be sent for an extension in accordance with clause 3.4.3;
Forgery
means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as to
authorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the description
in the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordance
with the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/or
restoration work of any kind (including re-enamelling);
Hammer Price
Lot
Reserve
Seller
Spink Group
VAT
VAT Symbols
means the amount of the highest bid accepted by the auctioneer in relation to a Lot;
means any item deposited with us for sale at auction and, in particular, the item or items described against any Lot number in any
catalogue;
the amount below which we agree with the Seller that the Lot cannot be sold;
means the owner of the Lot being sold by us;
Spink and Son Limited, our subsidiaries and associated companies.
value added tax chargeable under VAT and any similar replacement or additional tax; and
means the symbols detailing the VAT status of the Lot details of which are set out at the back of the catalogue.
2 SPINK’S ROLE AS AGENT
2.1 All sales undertaken by us either at auction or privately are undertaken
either as agent on behalf of the Seller or from time to time, as principal
if we are the owner of the Lot. Please note that even if we are acting as
agent on behalf of the Seller rather than as principal, we may have a
financial interest in the Lot.
2.2 The contract for the sale of the Lot will be between you and the Seller.
3 BEFORE THE SALE
3.1 Examination of goods
You are strongly advised to examine personally any goods in which you
are interested, before the auction takes place. Condition reports are
usually available on request. We provide no guarantee to you other
than in relation to Forgeries, as set out in clause 5.13 of these Terms
and Conditions.
3.2 Catalogue descriptions
3.2.1 Statements by us in the catalogue or condition report, or made
orally or in writing elsewhere, regarding the authorship, origin,
date, age, size, medium, attribution, genuineness, provenance,
condition or estimated selling price of any Lot are merely
statements of opinion, and are not to be relied on as statements of
definitive fact. Catalogue illustrations are for guidance only, and
should not be relied on either to determine the tone or colour of
any item or to reveal imperfections. Estimates of the selling price
should not be relied on as a statement that this price is either the
price at which the Lot will sell or its value for any other purpose.
3.2.2 Many items are of an age or nature which precludes their being
in perfect condition and some descriptions in the catalogue or given
by way of condition report make reference to damage and/or
restoration. We provide this information for guidance only and the
absence of such a reference does not imply that an item is free from
defects or restoration nor does a reference to particular defects
imply the absence of any others.
3.2.3 Other than as set out in clause 5.13, and in the absence of fraud,
neither the Seller nor we, nor any of our employees or agents, are
responsible for the correctness of any statement as to the
authorship, origin, date, age, attribution, genuineness or
provenance of any Lot nor for any other errors of description or for
any faults or defects in any Lot.
3.3 Your Responsibility
You are responsible for satisfying yourself as to the condition of the
goods and the matters referred to in the catalogue description.
3.4 Extensions – Stamps only
3.4.1 If you wish to obtain an expert opinion or Certificate of
Authenticity on any Lot (other than a mixed Lot or Lot containing
undescribed stamps) you must notify us in writing not less than
forty-eight hours before the time fixed for the commencement of
4 AT THE SALE
the first session of the sale. If accepted by us, such request shall have
the same effect as notice of an intention to question the
genuineness or description of the Lot for the purposes of clause
5.13 (Refund in the case of Forgery) of these Terms and
Conditions and the provisions of clause 5.13 (Refund in the case of
Forgery) shall apply accordingly.
3.4.2 Notice of a request for an expert opinion or Certificate of
Authenticity must give the reason why such opinion is required and
specify the identity of your proposed expert which will be subject
to agreement by us. We reserve the right, at our discretion, to
refuse a request for an expert opinion or Certificate of Authenticity
including (without limitation) where the proposed expert is not
known to us.
3.4.3 If we accept a request for an expert opinion or Certificate of
Authenticity we will submit the Lot to the Expert Committee. You
acknowledge and accept that the length of time taken by an Expert
Committee to reach an opinion will vary depending on the
circumstances and in any event is beyond our control.
3.4.4 We will not normally accept a request for an extension on
account of condition. Any Lot described in the catalogue as having
faults or defects may not be returned even if an expert opinion or
Certificate of Authenticity cites other faults or defects not included
in the catalogue description, other than in the case of a Forgery.
3.4.5 Should Spink accept a request for an extension under the
foregoing provisions of this paragraph, the fact may be stated by the
Auctioneer from the rostrum prior to the sale of the Lot.
3.4.6 It should be noted that any stamp accompanied by a Certificate
of Authenticity is sold on the basis of that Certificate only and not
on the basis of any other description or warranty as to authenticity.
No request for an extension will be accepted on such a stamp and
the return of such a stamp will not be accepted.
4.1 Refusal of admission
Our sales usually take place on our own premises or premises over
which we have control for the sale, and we have the right, exercisable
at our complete discretion, to refuse admission to the premises or
attendance at an auction.
4.2 Registration before bidding
You must complete and sign a registration form and provide
identification before making a bid at auction. Please be aware that we
usually require buyers to undergo a credit check.
Some lots may be designated, prior to the auction, as “Premium Lots”,
which means a deposit may be required before placing a bid on the
item for sale. Information will be posted on our website in such an
event.
Spink Uni (07/11) (20)

4.3 Bidding as Principal
When making a bid (whether such bids are made in person or by
way of telephone bids operated by Spink, commission or online or
email bids), you will be deemed to be acting as principal and will be
accepting personal liability, unless it has been agreed in writing, at the
time of registration, that you are acting as agent on behalf of a third
party buyer acceptable to us.
4.4 Commission Bids
If you give us instructions to bid on your behalf, by using the form
provided in our catalogues or via our website, we shall use reasonable
endeavours to do so, provided these instructions are received not later
than 24 hours before the auction. If we receive commission bids on a
particular Lot for identical amounts, and at auction these bids are the
highest bids for the Lot, it will be sold to the person whose bid was
received first. Commission bids are undertaken subject to other
commitments at the time of the sale, and the conduct of the auction
may be such that we are unable to bid as requested. Since this is
undertaken as a free service to prospective buyers on the terms stated,
we cannot accept liability for failure to make a commission bid. You
should therefore always attend personally if you wish to be certain of
bidding.
4.5 On-line Bidding
We offer internet services as a convenience to our clients. We will not
be responsible for errors or failures to execute bids placed on the
internet, including, without limitation, errors or failures caused by (i) a
loss of internet connection by either party for whatever reason; (ii) a
breakdown or problems with the online bidding software and/or (iii)
a breakdown or problems with your internet connection, computer or
system. Execution of on-line internet bids is a free service undertaken
subject to other commitments at the time of the auction and we do not
accept liability for failing to execute an online internet bid or for errors
or omissions in connection with this activity.
4.6 Telephone Bids
If you make arrangements with us not less than 24 hours before the
sale, we shall use reasonable endeavours to contact you to enable you
to participate in bidding by telephone, but in no circumstances will we
be liable to either the Seller or you as a result of failure to do so.
4.7 Currency Converter
At some auctions, a currency converter will be operated, based on the
one month forward rates of exchange quoted to us by Barclays Bank
Plc or any other appropriate rate determined by us, at opening on the
date of the auction. Bidding will take place in a currency determined by
us, which is usually sterling for auctions held in London. The currency
converter is not always reliable, and errors may occur beyond our
control either in the accuracy of the Lot number displayed on the
converter, or the foreign currency equivalent of sterling bids. We shall
not be liable to you for any loss suffered as a result of you following the
currency converter.
4.8 Video images
At some auctions there will be a video screen. Mistakes may occur in its
operation, and we cannot be liable to you regarding either the
correspondence of the image to the Lot being sold or the quality of the
image as a reproduction of the original.
4.9 Bidding Increments
Bidding generally opens below the low estimate and advances in the
following order although the auctioneer may vary the bidding
increments during the course of the auction. The normal bidding
increments are:
Up to £100 by £5
£100 to £300 by £10
£300 to £600 £320-£350-£380-£400 etc.
£600 to £1,000 by £50
£1,000 to £3,000 by £100
£3,000 to £6,000 £3,200-£3,500-£3,800-£4,000 etc.
£6,000 to £20,000 by £500
£20,000 and up Auctioneer’s discretion
4.10 Bidding by Spink
4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up to
the amount of the Reserve (if any), which will never be above the
low estimate printed in the auction catalogue.
4.10.2 The Spink Group reserves the right to bid on and purchase
Lots as principal.
4.11 The Auctioneer’s Discretion
The auctioneer has the right at his absolute discretion to refuse any bid
to advance the bidding in such manner as he may decide to withdraw
or divide any Lot, to combine any two or more Lots and, in the case of
error or dispute, to put an item up for bidding again.
Spink Uni (07/11) (20)
4.12 Successful Bid
Subject to the auctioneer’s discretion, the striking of his hammer marks
the acceptance of the highest bid, provided always that such bid is
higher than the Reserve (where applicable), and the conclusion of a
contract for sale between you and the Seller.
4.13 After Sale Arrangements
If you enter into any private sale agreements for any Lot with the Seller
within 60 days of the auction, we, as exclusive agents of the Seller
reserve the right to charge you the applicable Buyer’s Premium in
accordance with these Terms and Conditions, and the Seller a
commission in accordance with the terms of the Seller’s agreement.
4.14 Return of Lot
Once your bid has been accepted for a Lot then you are liable to pay
for that Lot in accordance with these Terms and Conditions. If there
are any problems with a Lot then you must notify us within 7 days of
receipt of the Lot, specifying the nature of the problem. We may then
request that the Lot is returned to us for inspection. Save as set out in
clause 5.13, the cancellation of the sale of any Lot and the refund of
the corresponding purchase price is entirely at our sole discretion. We
will not normally exercise that discretion if the Lot is not received by
us in the same condition that it was in at the auction date.
5 AFTER THE AUCTION
5.1 Buyer’s Premium
In addition to the Hammer Price, you must pay us the Buyer’s
Premium at a rate of 20% of the final Hammer Price of each Lot.
5.2 Value Added Tax
Other than in respect of Zero-rated Lots (o) VAT is chargeable on the
Hammer price and the Buyer’s premium of daggered (†) and (Ω) lots
at the standard rate (currently 20%), and on lots marked (x) at the
reduced rate (currently 5% on the Hammer price and 20% on the
Buyer’s premium). VAT on Margin scheme lots (identified by the
absence of any VAT symbol next to the lot number) is payable at 20%
on the Buyer’s premium only.
5.3 VAT Refunds
General
5.3.1 As we remain liable to account for VAT on all Lots unless they
have been exported outside the EU within 3 months of the date of
sale, you will generally be asked to deposit all amounts of VAT
invoiced. However, if a Spink nominated shipper is instructed, then
any refundable VAT will not be collected. In all other cases credits
will be made when proof of export is provided. If you export the
Lot yourself you must obtain shipping documents from the
Shipping Department for which a charge of £50 will be made.
5.3.2 If you export the Lot you must return the valid proof of export
certificate to us within 3 months of the date of sale. If you fail to
return the proof of export certificate to us within such period and
you have not already accounted to us for the VAT, you will be
liable to us for the full amount of the VAT due on such Lot and we
shall be entitled to invoice you for this sum.
5.3.3 To apply for a refund of any VAT paid, the proof of export
certificate must be sent to our Shipping Department clearly marked
‘VAT Refund’ within 3 months of the date of sale. No payment will
be made where the total amount of VAT refundable is less than £50
and Spink will charge £50 for each refund processed.
VAT Refunds - Buyers from within the EU
5.3.4 VAT refunds are available on the Hammer Price and Buyer’s
Premium of Daggered (†) and Investment Gold (g) Lots. You must
certify that you are registered for VAT in another EU country and
that the Lot is to be removed from the United Kingdom within 3
months of the date of sale.
5.3.5 Where an EU buyer purchases a Lot on which import VAT has
been charged, no refund of VAT is available from us. It may be
possible to apply directly for a refund on form VAT 65 to
HM Revenue & Customs Overeseas Repayment Section,
Londonderry.
VAT Refunds – Buyers from outside the EU
5.3.6 Where a Lot is included within the Auctioneers’ Margin Scheme
and evidence of export from the EU is produced within 3 months
of the date of sale, the VAT on Buyer’s Premium may be refunded.
5.3.7 Where the Lot is marked as a Daggered (†) or Investment Gold
(g) Lot the VAT charged on the Hammer Price may be refunded
where evidence of export from the EU is produced within 3
months of the date of sale. A refund of VAT charged on the Buyer’s
Premium can also be made on receipt of proof of business as a
collectibles dealer.
5.3.8 Where the Lot is marked as an Omega (Ω) Lot or an Import
VAT (x) Lot and evidence of export from the EU is produced
within 3 months of the date of sale, the VAT charged on both the
Hammer Price and Buyer’s Premium may be refunded. Where
required, we can advise you on how to export such Lots as a specific
form of export evidence is required. Where we advise you on the
export of the Lots, please be aware that the ultimate responsibility
in respect of obtaining a valid proof of export certificate will lie with
you and we will not be responsible for your failure to obtain such
certificate.

5.4 Payment
5.4.1 You must provide us with your full name and permanent address
and, if so requested, details of the bank from which any payments
to us will be made. You must pay the full amount due (comprising
the Hammer Price, the Buyer’s Premium and any applicable VAT)
within seven days after the date of the sale. This applies even if you
wish to export the Lot and an export licence is (or may be)
required.
5.4.2 You will not acquire title to the Lot until all amounts due
have been paid in full. This includes instances where special
arrangements were made for release of Lot prior to full settlement.
5.4.3 Payment should be made in sterling by one of the following
methods:
II(i) Direct bank transfer to our account details of which are set
out on the invoice. All bank charges shall be met by you.
Please ensure that your client number is noted on the
i(ii)
transfer.
By cheque or bank draft made payable to Spink and Son Ltd
and sent to Spink at 69 Southampton Row, Bloomsbury,
London WC1B 4ET. Please note that the processing charges
for payments made by cheques or bank drafts drawn on a
non-U.K bank shall be met by you. Please ensure that the
remittance slip printed at the bottom of the invoice is
enclosed with your payment.
(iii) By Visa or Mastercard. A charge of 2% will be applied.
Payments exceeding £5,000 can normally only be made by
the card holder in person whilst on our premises.
5.4.4 Payments should be made by the registered buyer and not by
third parties, unless it has been agreed at the time of registration
that you are acting as an agent on behalf of a third party.
5.5 Invoices
Invoices may consist of one or more pages and will show: Zero rated
Lots (o); no symbol Lots sold under the Auctioneers’ Margin Scheme;
Lots marked (g) special scheme Investment Gold; Daggered Lots (†),
imported Lots marked (x) and (Ω), (e) Lots with Zero rated hammer
for EU VAT registered buyers.
5.6 Collection of Purchases
5.6.1 Unless we specifically agree to the contrary, we shall retain items
sold until all amounts due to us, or to the Spink Group, have been
paid in full.
5.6.2 Unless we notify you to the contrary, items retained by us will
be covered in accordance with our policy which is available for
inspection at our offices from the date of sale for a period of seven
days or until the time of collection, whichever is sooner. After seven
days or from the time of collection, whichever is the earlier, the Lot
will be entirely at your risk.
5.6.3 Our policy will not cover and we are unable to accept
responsibility for damage caused by woodworm, changes in
atmospheric conditions or acts of terrorism.
5.7 Notification
We are not able to notify successful bidders by telephone. While
Invoices are sent out by mail after the auction we do not accept
responsibility for notifying you of the result of your bid. You are
requested to contact us by telephone or in person as soon as possible
after the auction to obtain details of the outcome of your bids to avoid
incurring charges for late payment.
5.8 Packing and handling
5.8.1 We shall use all reasonable endeavours to take care when
handling and packing a purchased Lot but remind you that after
seven days or from the time of collection, whichever is sooner, the
Lot is entirely at your risk. Our postage charges are set out at the
back of the catalogue.
5.8.2 It is the responsibility of the Buyer to be aware of any Import
Duties that may be incurred upon importation to the final
destination. Spink will not accept return of any package in order to
avoid these duties. The onus is also on the Buyer to be aware of any
Customs import restrictions that prohibit the importation of
certain collectibles. Spink will not accept return of the Lot(s) under
these circumstances. Spink will not accept responsibility for Lot(s)
seized or destroyed by Customs.
5.8.3 If the Buyer requires delivery of the Lot to an address other than
the invoice address this will be carried out at the discretion of
Spink.
5.9 Recommended packers and shippers
If required our shipping department may arrange shipment as your
agent. Although we may suggest carriers if specifically requested, our
suggestions are made on the basis of our general experience of such
parties in the past and we are not responsible to any person to whom
we have made a recommendation for the acts or omissions of the third
parties concerned.
5.10 Remedies for non-payment or failure to collect purchases
5.10.1 If you fail to make payment within seven days of your stipulated
payment date set out in your invoice, we shall be entitled to exercise
one or more of the following rights or remedies:
5.10.1.1 to charge interest at the rate of 2% per month compound
interest, calculated on a daily basis, from the date the full
amount is due;
5.10.1.2 to set off against any amounts which the Spink Group may
owe you in any other transaction the outstanding amount
remaining unpaid by you;
5.10.1.3 we may keep hold of all or some of your Lots or other
property in the possession of the Spink Group until you have
paid all the amounts you owe us or the Spink Group, even if the
unpaid amounts do not relate to those Lots or other property.
Following fourteen days’ notice to you of the amount
outstanding and remaining unpaid, the Spink Group shall have
the right to arrange the sale of such Lots or other property. We
shall apply the proceeds in discharge of the amount outstanding
to us or the Spink Group, and pay any balance to you;
5.10.1.4 where several amounts are owed by you to the Spink
Group in respect of different transactions, to apply any amount
paid to discharge any amount owed in respect of any particular
transaction, whether or not you so direct;
5.10.1.5 to reject at any future auction any bids made by you or on
your behalf or obtain a deposit from you before accepting any
bids.
5.10.2 If you fail to make payment within thirty-five days, we shall in
addition be entitled:
5.10.2.1 to cancel the sale of the Lot or any other item sold to you
at the same or any other auction;
5.10.2.2 to arrange a resale of the Lot, publicly or privately, and, if
this results in a lower price being obtained, claim the balance
from you together with all reasonable costs including a 20%
seller’s commission, expenses, damages, legal fees, commissions
and premiums of whatever kind associated with both sales or
otherwise, incurred in connection with your failure to make
payment; or
5.10.2.3 take any other appropriate action as we deem fit.
5.11 Failure to collect
Where purchases are not collected within seven days after the sale,
whether or not payment has been made, you will be required to pay a
storage charge of £2 per item per day plus any additional handling cost
that may apply. You will not be entitled to collect the Lot until all
outstanding charges are met, together with payment of all other
amounts due to us.
5.12 Export Licence
5.12.1 If required we can, at our discretion, advise you on the detailed
provisions of the export licensing regulations. Where we advise you
in relation to export licensing regulations the ultimate responsibility
in respect of any export will lie with you and we will not be
responsible for your failure to apply for any necessary licences.
5.12.2 If the Lot is going to be hand carried by you, you may be
required to produce a valid export licence to us or sign a waiver
document stating that a licence will be applied for.
5.12.3 You should always check whether an export licence is required
before exporting. Export licences are usually obtained within two
or three weeks but delays can occur.
5.12.4 Unless otherwise agreed by us in writing, the fact that you wish
to apply for an export licence does not affect your obligation to
make payment within seven days nor our right to charge interest on
late payment.
5.12.5 If you request that we apply for an export licence on your
behalf, we shall be entitled to recover from you our disbursements
and out of pocket expenses in relation to such application, together
with any relevant VAT.
5.12.6 We will not be obliged to rescind a sale nor to refund any
interest or other expenses incurred by you where payment is made
by you despite the fact that an export licence is required.
5.13 Refund in the case of Forgery
5.13.1 A sale will be cancelled, and the amount paid refunded to you
if a Lot (other than a miscellaneous item not described in the
catalogue) sold by us proves to have been a Forgery. We shall not
however be obliged to refund any amounts if either (a) the
catalogue description or saleroom notice at the auction date
corresponded to the generally accepted opinion of scholars or
experts at that time, or fairly indicated that there was a conflict of
opinions, or (b) it can be demonstrated that the Lot is a Forgery
only by means of either a scientific process not generally accepted
for use until after publication of the catalogue or a process which at
the date of the auction was unreasonably expensive or impracticable
or likely to have caused damage to the Lot. Furthermore, you
should note that this refund can be obtained only if the following
conditions are met:
5.13.1.1 you must notify us in writing, within seven days of the
receipt of the Lot(s), that in your view the Lot concerned is a
Forgery;
5.13.1.2 you must then return the item to us within fourteen days
from receipt of the Lot(s), in the same condition as at the
auction date; and
Spink Uni (07/11) (20)

5.13.1.3 as soon as possible following return of the Lot, you must
produce evidence satisfactory to us that the Lot is a Forgery and
that you are able to transfer good title to us, free from any third
party claims.
5.13.2 In no circumstances shall we be required to pay you any more
than the amount paid by you for the Lot concerned and you shall
have no claim for interest.
5.13.3 The benefit of this guarantee is not capable of being
transferred, and is solely for the benefit of the person to whom the
original invoice was made out by us in respect of the Lot when sold
and who, since the sale, has remained the owner of the Lot without
disposing of any interest in it to any third party.
5.13.4 We shall be entitled to rely on any scientific or other process to
establish that the Lot is not a Forgery, whether or not such process
was used or in use at the date of the auction.
6 LIABILITY
Nothing in these Terms and Conditions limits or excludes our liability for:
6.1 death or personal injury resulting from negligence; or
6.2 any damage or liability incurred by you as a result of our fraud or
fraudulent misrepresentation.
7 COPYRIGHT
7.1 We shall have the right (on a non-exclusive basis) to photograph, video
or otherwise produce an image of the Lot. All rights in such an image
will belong to us, and we shall have the right to use it in whatever way
we see fit.
7.2 The copyright in all images, illustrations and written material relating
to a Lot is and shall remain at all times our property and we shall have
the right to use it in whatever way we see fit. You shall not use or allow
anyone else to use such images, illustrations or written material without
our prior written consent.
8 VAT
You shall give us all relevant information about your VAT status and that of
the Lot to ensure that the correct information is printed in the catalogues.
Once printed, the information cannot be changed. If we incur any unforeseen
cost or expense as a result of the information being incorrect, you will
reimburse to us on demand the full amount incurred.
9 NOTICES
All notices given under these Terms and Conditions may be served personally,
sent by 1st class post, or faxed to the address given to the sender by the other
party. Any notice sent by post will be deemed to have been received on the
second working day after posting or, if the addressee is overseas, on the fifth
working day after posting. Any notice sent by fax or served personally will be
deemed to be delivered on the first working day following despatch.
10 ADDITIONAL PROVISIONS
The following provisions of this clause 10 shall apply only if you are acting for
the purposes of your business.
10.1 Limitation of Liability
Subject to clause 6, we shall not be liable, whether in tort (including
for negligence) or breach of statutory duty, contract, misrepresentation
or otherwise for any:
10.1.1 loss of profits, loss of business, depletion of goodwill and/or
similar losses, loss of anticipated savings, loss of goods, loss of
contract, loss of use, loss of corruption of data or information; or
10.1.2 any special, indirect, consequential or pure economic loss,
costs, damages, charges or expenses.
10.2 Severability
If any part of these Terms and Condition is found by any court to be
invalid, illegal or unenforceable, that part may be discounted and the
rest of the conditions shall continue to be valid and enforceable to the
fullest extent permitted by law.
10.3 Force majeure
We shall have no liability to you if we are prevented from, or delayed
in performing, our obligations under these Terms and Conditions or
from carrying on our business by acts, events, omissions or accidents
beyond our reasonable control, including (without limitation) strikes,
lock-outs or other industrial disputes (whether involving our workforce
or the workforce of any other party), failure of a utility service or
transport network, act of God, war, riot, civil commotion, malicious
damage, compliance with any law or governmental order, rule,
regulation or direction, accident, breakdown of plant or machinery,
fire, flood, storm or default of suppliers or subcontractors.
10.4 Waiver
10.4.1 A waiver of any right under these Terms and Conditions is only
effective if it is in writing and it applies only to the circumstances
for which it is given. No failure or delay by a party in exercising any
right or remedy under these Terms and Conditions or by law shall
constitute a waiver of that (or any other) right or remedy, nor
preclude or restrict its further exercise. No single or partial exercise
of such right or remedy shall preclude or restrict the further exercise
of that (or any other) right or remedy.
10.4.2 Unless specifically provided otherwise, rights arising under
these Terms and Conditions are cumulative and do not exclude
rights provided by law.
10.5 Law and Jurisdiction
10.5.1 These Terms and Conditions and any dispute or claim arising
out of or in connection with them or their subject matter, shall be
governed by, and construed in accordance with, the law of England
and Wales.
10.5.2 The parties irrevocably agree that the courts of England and
Wales shall have exclusive jurisdiction to settle any dispute or
claim that arises out of, or in connection with, Terms and
Conditions or their subject matter.
Postal Charges
Prices for books
(items sent by this method are not covered by insurance)
Weight UK EU Rest of the World
Up to 1kg £8 for any weight £12 £15
Up to 2kg £8 for any weight £18 £25
Prices for all other items including postage and packaging
Invoice Value UK EU Rest of the World
Up to £1,500 £10 £15 £20
Above £1,501 £20 £30 £40
Shipments of more than 2kg or volumetric measurement of more than 2kg have to
be sent by courier. Certain countries may incur extra charge when courier services
are required by our insurance policy. For lots sent by courier please contact
Auctionteam@spink.com for calculation of any further relevant cost in addition to
the above charges.
Value Added Tax (VAT)
Charging of (VAT) at Auction
The information shown on this page sets out the way in which Spink intends to
account for VAT.
i. Auctioneers’ Margin Scheme
1. Where possible, we will offer Lots for sale under the Auctioneers’
Margin Scheme. Such Lots can be identified by the absence of any
VAT symbol next to the Lot number in the catalogue and will not be
subject to VAT on the Hammer Price.
ii.
iii.
iv.
2. Where Lots are sold using the Auctioneers’ Margin Scheme to
VAT–registered businesses, the VAT included within the Buyers’
Premium is not recoverable as input tax. Upon request on sale day,
we will issue invoices that show VAT separately on both the Hammer
Price and the Buyer’s Premium. This will enable VAT-registered
businesses to recover the VAT charged as input tax, subject to the
normal rules for recovering input tax.
Zero-Rated Lots
Limited Categories of goods, such as books, are Zero-rated (o) for VAT in
the United Kingdom. Such Lots are offered under the Auctioneers’ Margin
Scheme. In these circumstances no VAT will be added to the Buyer’s
premium.
Daggered Lots
Lots which are Daggered (†) in the catalogue are subject to VAT at 20%
on both the Hammer Price and the Buyer’s Premium.
Starred and Omega Lots
Lots which are marked (x) in the catalogue are subject to VAT at 5% on
the Hammer price plus 20% on the Buyer’s premium. Lots which bear the
Omega symbol (Ω) are subject to VAT at 20% on the Hammer Price and
on the Buyer’s Premium. Such Lots bear VAT because the Lot is liable for
VAT at this rate on importation into the EU.
v. Investment Gold Lots
Lots marked (g) in the catalogue are exempt from VAT on the Hammer
Price and are subject to VAT at 20% on the Buyer’s Premium. A refund of
VAT charged on the Buyer’s Premium can also be made on receipt of proof
of business as a collectibles dealer.
vi.
Imported Lots
Lots which are marked (x) and Lots which bear the Omega symbol (Ω)
have VAT charged on the Hammer Price and Buyers’ Premium because
they have been imported into the United Kingdom from outside the EU.
In these cases we have used a temporary importation procedure, which in
effect means that the point of importation is deferred until the Lot has been
sold. At this point the Buyer is treated as the importer and is liable to pay
the import VAT due. We will collect the VAT from you and pay it to HM
Customs and Excise on your behalf.
Spink Uni (07/11) (20)

SALE CALENDAR 2013
STAMPS
20 March The Award Winning “Medina” Collection of Cape of Good Hope London 13024
22/23 March The Collector’s Series Sale New York 142
13 April The Collector’s Series Sale Hong Kong CSS05
15/16/17 April The Collector’s Series Sale London 13031
17 April The “Lionheart” Collection of Great Britain and British Empire – Part I London 13036
19 April French Mail in the West Indies – The Federico Borromeo D’Adda Collection Lugano SW1005
19/20 April The Collector’s Series Sale, including important Chile and Portugal Lugano SW1006
20 April Sicily – An International Large Gold Medal Collection Lugano SW1007
21 May The Award Winning “Medina” Collection of India, Part II London 13025
5 June Specialised Great Britain Sale London 13026
10/11 July The Collector’s Series Sale London 13027
10 September The Award Winning “Medina” Collection of India and States, Part III London 13028
11 September The Award Winning “Medina” Collection of Great Britain London 13029
21/22 September Stamps and Covers of South East Asia Singapore 13030
COINS
26/27 March Ancient, British & Foreign Coins and Commemorative Medals London 13012
13 April The Collector’s Series Sale Hong Kong CSS05
22/23 May The Collector’s Series Sale New York 316
27 June Ancient, British & Foreign Coins and Commemorative Medals London 13013
21 August Tibetan Coins from the Nick Rhodes Collection Hong Kong 13020
28/29 August The Collector’s Series Sale New York 317
24 September North East Indian Coins from the Nick Rhodes Collection London 13019
3 December Ancient, British & Foreign Coins and Commemorative Medals London 13015
BANKNOTES
10/11/12 April World Banknotes London 13004
13 April The Collector’s Series Sale Hong Kong CSS05
18 April The David Kirch Collection of English Provincial Banknotes Part III: Wales and West Midlands London 13032
19 April The David Kirch Collection of Bank of England Notes Part II London 13033
22/23 May The Collector’s Series Sale New York 316
20 June The David Kirch Collection of English Provincial Banknotes Part IV: The North of England London 13035
28/29 August The Collector’s Series Sale New York 317
1/2 October World Banknotes London 13018
5 December World Banknotes London 13034
MEDALS
25 April Orders, Decorations, Campaign Medals & Militaria London 13001
25 July Orders, Decorations, Campaign Medals & Militaria London 13002
21 November Orders, Decorations, Campaign Medals & Militaria London 13003
BONDS AND SHARES
13 April The Collector’s Series Sale Hong Kong CSS05
22/23 May The Collector’s Series Sale New York 316
7 June Bonds and Share Certificates of the World London 13016
28/29 August The Collector’s Series Sale New York 317
28 November Bonds and Share Certificates of the World London 13017
AUTOGRAPHS
22/23 May The Collector’s Series Sale New York 316
28/29 August The Collector’s Series Sale New York 317
WINES
May An Evening of Exceptional Wines Hong Kong SFW03
The above sale dates are subject to change
Spink offers the following services:
– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –
– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

£25
© Copyright 2013
STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES
69 Southampton Row, Bloomsbury, London WC1B 4ET
www.spink.com