PMG-certified Notes Achieve Top Results at Spink Auction

Posted on 5/15/2020

The top lot in this Spink auction was a PMG-certified Hong Kong $10 note, which realized HK$696,000.

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.

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”).

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:

Prices realized include a 20% buyer’s premium.

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