Karamitsos Sale Features Rare Greek Coins Certified by NGC and Notes Certified by PMG
Posted on 8/10/2023
Collectors are gearing up for an exciting auction featuring a diverse array of historic Greek currency, including hundreds of coins graded by Numismatic Guaranty Company® (NGC®) and hundreds of notes graded by Paper Money Guaranty® (PMG®). Bidding is already underway for the A. Karamitsos Live Internet Auction 720, which will be held September 9-10, 2023.
The top NGC-certified coin in this auction is a Greece 1879A 10 Lepta graded NGC MS 65 RB (lot 6088) with a starting price of €12,000 (about $13,000). This coin features an image of King George I of Greece who ascended the Greek throne in 1863 following a tumultuous period for the nation. His reign marked a pivotal era in Greek history, characterized by efforts to modernize and stabilize the country after years of upheaval. This particular coin’s grade is unsurpassed among 47 examples in the NGC Census.
Other NGC-certified coins in this auction include:
- a Greece 1879A 5 Lepta graded NGC MS 65 RB (lot 6087) with a starting price of €8,000 (about $9,000)
- a Greece 1912 Essai 10 Lepta - Nickel with Privy Marks graded NGC PF 64 (lot 6106) with a starting price of €3,500 (about $4,000)
- a Great Britain 1902 5 Sovereign graded NGC PF 61 Matte (lot 6856) with a starting price of €3,300 (about $4,000)
- a Greece 1834A Drachma graded NGC MS 61 (lot 6041) with a starting price of €3,000 (about $3,000)
- a Greece 1876A 5 Drachmai graded NGC MS 64 (lot 6081) with a starting price of €3,000 (about $3,000)
The top PMG-certified note in this auction is a Cyprus / British Administration 1955-60 £5 graded PMG 53 About Uncirculated (lot 6644) with a starting price of 7,700 EUR (about $8,000). The 5 Pounds note represented the highest denomination within a relatively brief series of Cypriot currency. This series was likely produced in response to concerns held by Cypriot officials regarding potential economic instability in the future. Cyprus gained its independence just months after the March 1, 1960, date on this banknote.
Other PMG-certified notes in this auction include:
- a Greece, Ionian Bank Ltd. 1903-1919 100 Drachmai graded PMG 15 Choice Fine (lot 6460) with a starting price of €7,000 (about $8,000)
- a Greece, National Bank 1923 500 Drachmai Specimen graded PMG 65 Gem Uncirculated EPQ (lot 6446) with a starting price of €6,000 (about $7,000)
- a Greece 1943 500,000 Drachmai Specimen graded PMG 64 Choice Uncirculated (lot 6598) with a starting price of €5,300 (about $6,000)
- a Greece, National Bank 1870-82 100 Drachmai graded PMG 25 Very Fine (lot 6419) with a starting price of €5,000 (about $5,000)
- a Greece, Bank of Greece 1944 100 Drachmai on 100 Drachmai - Corfu graded PMG 50 About Uncirculated (lot 6605) with a starting price of €4,800 (about $5,000)
Starting prices are provided by the auction house. The $ symbol represents US Dollars.
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