PMG-certified Highlights in Two Upcoming Spink World Banknotes Sales

Posted on 4/3/2020

Selections from the acclaimed Professor Hsu Collection along with other significant world banknotes will be offered by Spink on April 7 and 8.

World banknotes certified by Paper Money Guaranty® (PMG®) highlight two sales that Spink is presenting in April. The Professor Yih-Tzong Hsu Collection of World Banknotes sale will be held April 7, and the World Banknotes auction will take place April 7 and 8. Both sales will be conducted behind closed doors and facilitate online bidding with electronic images and specialists available to provide information and answer questions.

Professor Yih-Tzong Hsu, a Taiwan, Province of Chinaese author and cultural ambassador, started collecting from a young age, with a focus on banknotes, coins and stamps. Fascinated with the various features and symbolism of banknotes, he collected by categories, such as famous figures, animals and flowers.

Among the most anticipated notes in the Professor Hsu sale are two 50 and 100 gulden from the popular “Javanese dancers” series and a group of the iconic King Ghazi series in high grades. Below is an example from the Javanese dancers series — a 100 Gulden graded PMG 30 Very Fine with an estimate of £1,000 to £1,500 (about $1,200 to $1,800 USD). These notes were issued by the Dutch government in 1939 during their occupation in Indonesia.

Click image to enlarge.

Banknotes featuring King Ghazi are the second issue of the Government of Iraq banknote series, which represents the first paper money that circulated in the Kingdom of Iraq. This example is a 1931 (ND 1934) 1 Dinar graded PMG 45 Choice Extremely Fine with an estimate of £1,200 to £1,800 (about $1,500 to $2,200 USD).

Click image to enlarge.

The World Banknotes sale features several rare issues from India and an unknown Hindustan 8 Sicca Rupees. Notes from Iraq, Jordan and Saudi Arabia are also expected to attract significant interest. For example, a Saudi Arabia ND (1983) / AH1379 10 Riyals with incorrect text has an estimate of £30,000 to £40,000 (about $36,600 to $48,900 USD). It is graded PMG 64 Choice Uncirculated.

Click image to enlarge.

Other significant notes in the sale include:

All estimates provided by the auction house.

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