PMG-certified Syrian Rarity Offered in Noonans Mayfair Auction

More than 500 world banknotes certified by Paper Money Guaranty® (PMG®), including a great rarity from Syria, are being offered in an auction presented by Noonans Mayfair. Bidding is already underway for the World Banknotes auction, which concludes on August 27-28, 2025.

The top PMG-graded highlight in the auction is a Syria, Banque de Syrie et du Grand-Liban 1925 50 Livres graded PMG 35 Choice Very Fine NET (lot 1115 x), with an estimate of £30,000 to £36,000 (about $41,000 to $49,000). Missing from most Syrian collections, this note boasts the highest numerical grade in the PMG Population Report, where a mere four issued examples are recorded. The Banque de Syrie et du Grand-Liban took over operations from the Ottoman Bank in the French mandate for Syria and Lebanon following World War I.

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Other PMG-certified notes in the auction include:

• an East Africa, Currency Board 1921 1,000/- Shillings = £50 graded PMG 55 About Uncirculated (lot 430 x), with an estimate of £12,000 to £16,000 (about $16,000 to $22,000)
• a Romania, Banca Nationala 1931 5,000 Lei Specimen graded PMG 58 Choice About Uncirculated (lot 932), with an estimate of £10,000 to £15,000 (about $14,000 to $20,000)
• a Thailand ND (1892) 400 Ticals Front Proof graded PMG 50 About Uncirculated NET (lot 1118 x), with an estimate of £10,000 to £15,000 (about $14,000 to $20,000)
• a Pakistan, Government of Pakistan ND (1950) 100 Rupees Specimen graded PMG 63 Choice Uncirculated (lot 850 x), with an estimate of £10,000 to £14,000 (about $14,000 to $19,000)
• an India / British Administration 1914-19 10 Rupees graded PMG 45 Choice Extremely Fine (lot 632 x), with an estimate of £8,000 to £12,000 (about $11,000 to $16,000)
• a Malaya / British Administration 1940 1 Dollar graded PMG 35 Choice Very Fine (lot 762), with an estimate of £8,000 to £10,000 (about $11,000 to $14,000)
• a Ceylon, Oriental Bank Corporation 1881 50 Rupees Specimen graded PMG 63 Choice Uncirculated EPQ (lot 349 x), with an estimate of £8,000 to £10,000 (about $11,000 to $14,000)
• a Ceylon, Oriental Bank Corporation 1881-84 100 Rupees Specimen graded PMG 64 Choice Uncirculated (lot 350 x), with an estimate of £8,000 to £10,000 (about $11,000 to $14,000)

Estimates are provided by the auction house. The $ symbol represents US Dollars.