Historic Colonial banknote sells for £25,000
Historic Colonial banknote sells for 25,000
Of the highest rarity, this specimen sold alongside an 80,000 Palestinian note in London, last week
We've already looked at the exceptional Palestinian banknote which sold for 80,000at Spink's April 14 sale.
And here's another historic notaphilic rarity from the same auction, which brought over three times its estimate.
Dated to 1879, this $5 Colonial Bank Saint Thomas note - serial number 22519 - is dated January 1 of that year. The black and white note auctioned with a pre-sale estimate of 5,000-7,000.
The note's surface bears an arms top centre, two manuscript signatures at the lower right, and a hand stamp confirming its place of issue as the "St Croix branch", visible at the top left and right of the note.
The $5 Colonial Bank Saint Thomas banknote, sold for 25,000
Billed by Spink as "a fresh white and attractive example, very fine and of the highest rarity, possibly a discovery note, a truly special note," it realised a final price of 25,000.
Overall, Spink's sale held last Wednesday grossed a total of 1,511,640, proving that there is big money in the 2010 collectible banknotes market.