PMG's Featured Note of the Month: Zambia Pound

Posted on 2/14/2022

As much of the world celebrates Valentine's Day, this banknote with a lovebird is fitting for February.

Zambia ND (1964) 1 Pound graded PMG 50 About Uncirculated
Click images to enlarge.

Country: Zambia

Catalog Number: Pick# 2

Date: ND (1964)

Denomination: 1 Pound

Varieties: PMG attributes Specimen notes as Pick# 2s.

What makes it special? This note features a lovebird, which is appropriate as February is the month of Valentine's Day, a holiday for couples celebrated in much of the world.

Did you know? "Lovebird" is the name for a group of nine species of parrot, which are all native to Africa. They are called lovebirds primarly because of the lengthy periods that pairs are ovbserved sitting together. The black-cheeked lovebird, shown on this note, is native to southwest Zambia.

Total graded by PMG: PMG has graded 38 of Pick# 2 and 7 of Pick# 2s.

PMG median grade: For Pick# 2, the median line falls between PMG 40 Extremely Fine EPQ and PMG 45 Choice Extremely Fine.

PMG highest graded: There are 2 examples of Pick# 2 in PMG 66 Gem Uncirculated EPQ and 4 examples of Pick# 2s in PMG 67 Superb Gem Unc EPQ, as of February 2022.

Sales highlights: A Pick# 2 graded PMG 64 Choice Uncirculated sold for $660 in December 2020 while another graded PMG 50 About Uncirculated sold for $264 in October 2021.

PMG Registry: This note is part of Zambia, Type Set, 1964-Date, P1-Date, which is currently led by jeyanth7's JxJ ~ZAMBIA~ set (that includes a Pick# 2 graded PMG 50 About Uncirculated EPQ). The set boasts an 88% completion rate with dozens of images, so it's a great way to explore the paper money of Zambia.

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