Greek Auction Offers Hundreds of PMG-certified Notes from Dozens of Countries

Banknotes certified by Paper Money Guaranty® (PMG®) from dozens of countries are featured in A. Karamitsos’s Auction 986 Part A and Part B. Online bidding is already underway for the sale and concludes March 12-13, 2022.

Most of the notes in the auction are from Greece. A highlight is a Greece 1943 500,000 Drachmai Agricultural Treasury Bond graded PMG 40 Extremely Fine (lot 6738). The note, issued during a time of rapid inflation during World War II, has a starting price of €1,500 (about $1,700).

Greece 1943 500,000 Drachmai Agricultural Treasury Bond graded PMG 40 Extremely Fine. Starting price: €1,500 (about $1,700) Click images to enlarge.

Another highlight in the sale is a German East Africa 1905 100 Rupien graded PMG 50 About Uncirculated (lot 7447), with a starting price of €1,500 (about $1,700). The note, featuring a portrait of Kaiser Wilhelm II, was the currency of German East Africa from 1890 to 1916 and continued to circulate in the region until 1920.

German East Africa 1905 100 Rupien graded PMG 50 About Uncirculated Starting price: €1,500 (about $1,700) Click images to enlarge.

Other PMG-certified highlights of the auction include:

• a United States 1934 $1,000 Federal Reserve Note (Chicago) graded PMG 35 Choice Very Fine (lot 7573), with a starting price of €1,500 (about $1,700)
• a Greece, Bank of Greece 1947 10,000 Drachmai graded PMG 66 Gem Uncirculated EPQ (lot 6640), with a starting price of €900 (about $1,000)
• a Cyprus / British Administration 1939-50 5/- Shillings graded PMG 65 Gem Uncirculated EPQ (lot 6784), with a starting price of €850 (about $970)
• a Greece, Bank of Greece 1947 5,000 Drachmai graded PMG 65 Gem Uncirculated EPQ (lot 6637), with a starting price of €700 (about $800)
• a Greece / Italian Occupation – World War II ND (1941) 10,000 Drachmai graded PMG 65 Gem Uncirculated EPQ (lot 6774), with a starting price of €550 (about $625)
• a Bermuda / British Administration 1970 10 Dollars graded PMG 65 Gem Uncirculated EPQ (lot 7540), with a starting price of €250 (about $285)
• a European Union / France 2019 100 Euro graded PMG 66 Gem Uncirculated EPQ (lot 7269), with a starting price of €130 (about $150)
• a Luxembourg 1956 100 Francs graded PMG 67 Superb Gem Uncirculated EPQ (lot 7320), with a starting price of €100 (about $115)
• a Turkey, Banque Imperiale Ottomane 1876-78/AH1293 100 Kurush graded PMG 30 Very Fine (lot 7372), with a starting price of €90 (about $100)

Starting prices are provided by the auction house. The $ symbol represents US dollars.