Iraq 50 fils note achieves $60,000 at Spink

paulfrasercollectibles

2015-06-26 13:27:26

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Iraq 50 fils note achieves $60,000 at Spink

The Government of Iraq 50 fils note was the top lot of the World Banknotes sale

A Government of Iraq 50 fils note from 1944 achieved 38,000 ($61,659) at Spink's World Banknotes auction on October 2.

The note features a portrait of King Faissall II as a child to the left and perforated "specimen" at the bottom. It is described as being in excellent condition and extremely rare.

Government of Iraq 50 filsThe note dates to 1944

A 1901 Government of the Falkland Islands five shilling note also featured, and sold for 26,000 ($42,196). It featured three manuscript signatures, and the serial number 00001.

British currency was first used on the islands in 1833, and the Falkland pound was introduced between 1899-1901.

The Argentine National Bank allegedly holds a collection of Falkland Islands currency, which was taken during the occupation in 1982. Over the 74 days the island was under Argentinean control, the peso replaced the pound.

A National Bank of Egypt colour trial 5 with no serial numbers achieved 19,000 ($30,838). A tomb and palm trees are featured at the centre of the note, and the edges are perforated.

A Board of Commissioners of Currency, Malaysia and Borneo $10,000 specimen made 16,500 ($26,783).The note features a white background with orchids and a portrait of Elizabeth II to the right, and is perforated cancelled across the centre.

The note was first printed by Thomas De La Rue in 1953.

We have a wide selection of rare coins available.

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