PMG-certified Notes Achieve Top Results at Spink Auction
Posted on 5/15/2020
World banknotes certified by Paper Money Guaranty® (PMG®) drew the highest bids at the Spink Numismatic Collectors' Series Sale held May 10-11, 2020, in Hong Kong, China.
The top note in the sale was a very rare Hong Kong 1905-10 10 Dollars graded PMG 20 Very Fine that realized HK$696,000 (about $89,800 USD). It is the earliest date of this type and one of only three known notes.
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Hong Kong, Chtd. Bank of India, Aust. & China, Pick# 35, 1905-10, 10 Dollars, front Graded PMG 20 Very Fine – Realized HK$696,000 (about $89,800 USD) Click image to enlarge. |
Another highlight of the sale was a Hong Kong 1912 500 Dollars Specimen graded PMG 40 Extremely Fine that realized HK$600,000 (about $74,400 USD). This first date of issue note is highly sought after due to its geometric design at the center of the note (commonly referred to as the “Spider Web”).
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Hong Kong, Pick# 46as, 1912, 500 Dollars, Specimen, front Graded PMG 40 Extremely Fine – Realized HK$600,000 (about $74,400 USD) Click image to enlarge. |
Other PMG-certified highlights include:
- a Hong Kong ND (1905-10) 10 Dollars graded PMG 35 Choice Very Fine that realized HK$396,000 (about $51,100 USD)
- a China / People’s Republic 1951 5000 Yüan graded PMG 30 Very Fine NET that realized HK$300,000 (about $38,700 USD)
- a Hong Kong 1912 100 Dollars Specimen graded PMG 53 About Uncirculated that realized HK$276,000 (about $35,600 USD)
- a Hong Kong 1929-30 100 Dollars Color Trial Specimen graded PMG 63 Choice Uncirculated that realized HK$270,000 (about $34,800 USD)
- a Hong Kong 1901 500 Dollars Specimen graded PMG 63 Choice Uncirculated that realized HK$204,000 (about $26,300 USD)
- a Hong Kong 1923 5 Dollars graded PMG 35 Choice Very Fine that realized HK$204,000 (about $26,300 USD)
- a Hong Kong 1921-25 500 Dollars Specimen graded PMG 62 Uncirculated that realized HK$180,000 (about $23,200 USD)
- a Hong Kong ND (1904-07) 500 Dollars Uniface Obverse and Reverse Color Proof graded PMG 50 and 53 About Uncirculated NET that realized HK$156,000 (about $20,100 USD)
- a Hong Kong 1913-23 10 Dollars Specimen graded PMG 63 Choice Uncirculated EPQ that realized HK$96,000 (about $12,400 USD)
- a Hong Kong 1916-23 5 Dollars Specimen graded PMG 45 Choice Extremely Fine that realized HK$78,000 (about $10,100 USD)
Prices realized include a 20% buyer’s premium.
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