Bank notes

Along with coins, bank notes are a major part of the numismatics market. Buyers will often focus on a particular period of history or a region of the world but people also collect paper money by focusing on grade, errors in printing or serial numbers.

This area of the market has been popular globally since the 1950s. Condition is key – banknotes are internationally graded and those in perfect condition, without any damage and that usually haven't been circulated, are rated as uncirculated (UNC), the highest classification available.


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For sale: the million-pound note

15 September 2008

Spink are to offer a £1m Treasury Note. Dated London 30 August 1948, and printed with the red serial number 000008, it is one of only two surviving examples from the nine thought to have been printed in connection with the Marshall Plan.

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Found in a UK country auction – the £180,000 note

14 July 2008

This $1000 Straits Settlement bill was described by Spink specialist Barnaby Faull as “the holy grail of Asian Pacific banknotes” after it had sold for Sin$420,000 (£180,000) plus buyer’s premium in Singapore on July 5.

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ATG help bidders go live online in Hong Kong

04 September 2006

ATG's pioneering live bidding service went East on August 31 - participating in the sale of Oriental and Asian Coins, Medals, and Banknotes conducted in Hong Kong by Baldwin's in association with MA Tak Wo Numismatic Co. Ltd of Hong Kong and Monetarium Pte Ltd of Singapore.

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I promise to pay the bearer on demand – £48,000

03 May 2006

All Bank of England banknotes issued prior to the early 1800s are rare but the note, pictured here, dated 30 August 1705, is believed to be the oldest in private hands.

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Treasures from the vaults

27 February 2006

Hidden away in a bank vault for over 80 years, the fabled Damon Collection of rare coins, medals and bank notes will fall under the hammer in March.

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Fascinating world of the five-guinea piece

31 May 2005

The specialist British sale held by Spink (15% buyer’s premium) on May 5 consisted exclusively of the collection formed by Samuel King.

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Sworders’ box of treats serves up banknote feast

24 August 2004

DURING an otherwise routine probabe valuation in a village near Saffron Walden, John Foster from Stansted Mountfitchet auctioneers Sworders discovered a box of coins tucked away in the back of a cupboard. On closer inspection he found an album of East Anglian banknotes which had probably been collected in the 1950s and 1960s for only a few pounds.

Coming up in .... New York

26 July 2002

The Free Society of Traders in Pennsilvania (sic) was chartered in England by William Penn as proprietor of the Province of Pennsylvania, in March 1682, a few months before his departure to America.

What they really mean by a dead cert in Arizona

14 May 2002

Of all the western mining states, Arizona conceivably had the largest number of land scams. Companies with no intention of mining were set up only to collect money from investors. Arizona was an ideal place for scams, because it lacked a major transportation system and was subject to attack by neighbouring Apache tribes, so investors were less likely to visit their investments.

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