Indian Rarity Among Over 200 PMG-certified World Notes in Spink Sale

Spink is offering over 200 banknotes from around the world that are certified by Paper Money Guaranty® (PMG®), including several great rarities from India and the Mideast. Online bidding is underway for the Spink World Banknotes at NYINC Auction #381, which will be held January 13, 2023.

One of the auction's top notes is a stunning India/ British Administration 1928 1,000 Rupees graded PMG 35 Choice Very Fine (lot 139), with an estimate between £22,000 to £32,000 ($25,200 to $36,700). This high-denomination note features an oval portrait on the right of King George V as well as a watermark of his reverse image on the left. On the reverse, a landscape of Calcutta with a farmer and his cattle adorns the note. This example is tied for the second highest-graded among six examples in the PMG Population Report.

India/ British Administration 1928 1,000 Rupees graded PMG 35 Choice Very Fine (lot 139), with an estimate between £22,000 to £32,000 ($25,200 to $36,700). Click images to enlarge.

Other PMG-certified highlights in the auction include:

• a pair of Palestine, Currency Board 1944 £5 notes with consecutive serial numbers, each graded PMG 50 About Uncirculated (lot 230), with an estimate of £22,000 to £32,000 ($25,200 to $36,700)
• a Lebanon 1938 50 Livres Specimen graded PMG 65 Gem Uncirculated EPQ (lot 189), with an estimate of £20,000 to £22,000 ($22,900 to $25,200)
• a Burma / British Administration ND (1939) 1,000 Rupees graded NGC 15 Choice Fine NET (lot 16), with an estimate of £14,000 to £18,000 ($16,000 to $20,600)
• an India/British Administration 1922 500 Rupees graded PMG 50 About Uncirculated (lot 123), with an estimate of £14,000 to £18,000 ($16,000 to $20,600)
• a Palestine, Currency Board 1944 £5 graded PMG 40 Extremely Fine (lot 229), with an estimate of £10,000 to £15,000 ($11,500 to $17,200)
• a Palestine, Currency Board 1939 £10 graded PMG 50 About Uncirculated (lot 231), with an estimate of £9,000 to £12,000 ($10,300 to $13,800)
• a Burma / British Administration ND (1917) 2 Rupees 8 Annas graded PMG 45 Choice Extremely Fine (lot 129), with an estimate of £8,000 to £12,000 ($9,200 to $13,800)
• an India/British Administration 1918-22 50 Rupees graded PMG 45 Choice Extremely Fine (lot 122), with an estimate of £8,000 to £12,000 ($9,200 to $13,800)
• a Palestine, Currency Board 1944 £10 graded PMG 50 About Uncirculated (lot 232), with an estimate of £8,000 to £12,000 ($9,200 to $13,800)
• an India, Reserve Bank of India (1937) 100 Rupees graded PMG 50 About Uncirculated (lot 147), with an estimate of £8,500 to £9,500 ($9,800 to $10,900)

Estimates are provided by the auction house.