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The April 2022 Valkenburg World Paper Money Auction PDF

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Th VWOARLLD PKAPEER NMOTHNBOEEffiM YcUIAiFa MlAPP AaaRAuUpinecpRtr ICSir LoMiplno T o2en2ne8sIrGeo,0 O yor2 f2F0a tNan2h2i2der e A p r il 2 0 2 2 V a lk e n b u r g A u c t io n • W o r ld P a p e r M o n e y A p r il 2 8 , 2 0 2 2 Stack’s Bowers Galleries Upcoming Auction Schedule Coins and Currency Date Auction Consignment Deadline April 4-7, 2022 Stack’s Bowers Galleries – U.S. Coins & Currency Visit StacksBowers.com Official Auction of the Whitman Coin & Collectibles Expo April 20-21, 2022 Collectors Choice Online Auction – Tokens & Medals Visit StacksBowers.com StacksBowers.com April 27, 2022 Collectors Choice Online Auction – U.S. Coins & Currency Visit StacksBowers.com StacksBowers.com April 28, 2022 Stack’s Bowers Galleries – World Paper Money Visit StacksBowers.com Valkenburg, Netherlands May 3-7, 2022 Stack’s Bowers and Ponterio – Chinese & Asian Coins & Banknotes Visit StacksBowers.com Hong Kong May 17-18, 2022 Collectors Choice Online Auction – U.S. Coins & Currency April 21, 2022 StacksBowers.com June 2022 Collectors Choice Online Auction – U.S. Coins & Currency May 2022 StacksBowers.com June 1-3, 2022 Collectors Choice Online Auction – Ancient & World Coins March 28, 2022 StacksBowers.com June 15-17, 2022 Stack’s Bowers Galleries – U.S. Coins & Currency April 14, 2022 Official Auction of the Whitman Coin & Collectibles Expo June 23, 2022 Collectors Choice Online Auction – World Paper Money April 13, 2022 StacksBowers.com August 16-22, 2022 Stack’s Bowers Galleries – U.S. & World Coins & Currency June 2022 August 2022 Showcase Auction Fall 2022 Stack’s Bowers and Ponterio – Chinese & Asian Coins & Banknotes June 2022 Hong Kong October 19-21, 2022 Collectors Choice Online Auction – Ancient & World Coins August 10, 2022 StacksBowers.com November 1-4, 2022 Stack’s Bowers Galleries – U.S. Coins & Currency Exonumia: July 28, 2022 Official Auction of the Whitman Coin & Collectibles Expo U.S. Coins: August 11, 2022 U.S. Currency: August 18, 2022 Front Cover (top to bottom): Lot 30071: DANISH WEST INDIES. The National Bank of the Danish West Indies. 10 Francs, 1905. P-18a. PMG Choice Very Fine 35; Lot 30023: BERMUDA. Bermuda Government. 10 Pounds, 1964. P-22. PMG Superb Gem Uncirculated 68 EPQ; Lot 30280: PORTUGUESE INDIA. Banco Nacional Ultramarino. 100 Rupias, 1924. P-29s. Specimen. PMG Choice Uncirculated 63. Back Cover (top to bottom): Lot 30200: JAMAICA. Government of Jamaica. 5 Pounds, 1942. P-42. PMG Very Fine 20; Lot 30292: RWANDA-BURUNDI. Banque d’Emission du Rwanda et du Burundi. 1000 Francs, 1962. P-7. Choice Uncirculated; Lot 30137: GREENLAND. Kongelige Gronlandske Handel. 6 Skilling, 1804. P-A5. PMG Choice Uncirculated 63; Lot 30091: FINLAND. Finlands Bank. 1000 Markkaa, 1918. P-41. PMG Choice Uncirculated 64 EPQ. Stack’s Bowers Galleries presents THE APRIL 2022 VALKENBURG WORLD PAPER MONEY AUCTION April 28, 2022 Broadcasting live from Griffin Studios Stack’s Bowers Galleries Headquarters 1550 Scenic Avenue, Suite 150 Costa Mesa, CA 92626 California Office New York Office Philadelphia Office New England Office Hong Kong Office 1550 Scenic Avenue 470 Park Avenue 1735 Market Street P.O. Box 1804 Unit 1603, 16/F Suite 150 New York, NY 10022 Suite 130 Wolfeboro, NH 03894 Mira Place Tower A Costa Mesa, CA 92626 Tel: 800.566.2580 Philadelphia, PA 19103 Tel: 866.811.1804 No. 132 Nathan Road Tel: 800.458.4646 Tel: 212.582.2580 Tel: 866.840.1913 Tel: 603.569.0823 Tsim Sha Tsui Tel: 949.253.0916 Fax: 212.245.5018 Tel: 267.609.1804 Fax: 603.569.3875 Kowloon, HK Fax: 844.645.7624 Tel: +011.852.2117.1191 Oklahoma Office Paris Office South Carolina Office Tel: 800.817.2646 Telephone: +33.6.14.32.3177 Telephone: 864.520.2208 www.StacksBowers.com Copyright © 2022 Stack’s-Bowers Numismatics, LLC • All Rights Reserved How to Bid Internet Absentee or Proxy Bidding Place absentee bids now at www.StacksBowers.com or use our iOS or Android apps on your mobile device or tablet. Proxy bidding is enabled at midnight the day before the auction session closes live and is located on the lot description page. Visit our Frequently Asked Questions page at www.StacksBowers.com/FAQ/OnlineBidding.aspx for more information. Stack’s Bowers Galleries iBid Live Bid live anywhere in the world, on your computer at www.StacksBowers.com or use our iOS or Android apps on your mobile device or tablet. Live Telephone Bidding Phone Bidding must be arranged 24 hours before your session begins. Stack’s Bowers Galleries will ask for the lot numbers of interest and will call you during the auction so you can place bids with our representative in real time. We regret that we can only offer this service for lots estimated at $2,500 or more. If you wish to arrange live bidding by phone, contact Customer Service at 800-458-4646 or 949.253.0916 or email [email protected]. Email, Fax and Mail Bidding Use the enclosed bid sheet and email, mail or fax it to us. Email bids to [email protected]. If sending by mail, please allow sufficient time for the postal service. Fax bids must be received 24 hours before your session begins. Fax bids to 844.645.7624. Please check that your fax bids are received by Stack’s Bowers Galleries. Mail: Attn. Auction Department Fax: 844.645.7624 Email: [email protected] Stack’s Bowers Galleries 1550 Scenic Avenue, Suite 150 Costa Mesa, CA 92626 United States Live Bidding In person live bidding will be allowed in accordance with COVID-19 directives and local mandates at the time of auction. Reservations required. Payment Information Bank Wire Information: Please send all check, money order or For Domestic (U.S.) Banks, please direct your bank wire transfer to: cashier’s check payments to: Bank Name: CIBC Bank USA Account Name: Stacks-Bowers Numismatics, LLC Stack’s Bowers Galleries ABA/Routing#: 0710-0648-6 Address: 120 South LaSalle Street Account Number: 2612038 Chicago, IL 60603 1550 Scenic Avenue, Suite 150 Costa Mesa, CA 92626 For Foreign Banks*, please direct your bank wire transfer to: United States Bank Name: CIBC Bank USA Account Name: Stacks-Bowers Numismatics, LLC International Swift Code: PVTBUS44 Address: 120 South LaSalle Street For bank wire instructions, see information Account Number: 2612038 Chicago, IL 60603 at right or contact our Accounting Department *Bank wires sent from a foreign bank are subject to an international bank wire fee of $35. If an at 800.458.4646 or 949.253.0916. international order will be settled using a different form of payment, please contact us by phone or email to have the wire fee removed. If the wire will be sent in any currency other than USD, Stack’s Bowers Galleries needs to be contacted prior to the transfer in order to arrange for an intermediary bank. IMPORTANT: Please have your bank add the Invoice Number or Your Name on the wire information. ii The April 2022 Valkenburg Auction World Paper Money April 28, 2022 Lot Viewing Lot Viewing will be conducted in the Costa Mesa, CA offices (by appointment only): April 4-6, 2022 1550 Scenic Avenue, Suite 150, Costa Mesa, CA 92626 Lot Viewing will be conducted at De Polfermolen Exhibition Center, Room P: Plenkertstraat 50, 6301 GM Valkenburg aan de Geul, The Netherlands Wednesday, April 20, 2022 Thursday, April 21, 2022 Friday, April 22, 2022 Saturday, April 23, 2022 2:00 PM – 5:00 PM CEST 9:00 AM – 5:00 PM CEST 9:00 AM – 5:00 PM CEST 9:00 AM – Noon CEST If you cannot view in person, we will have our professional numismatists on hand to answer questions via phone or email about specific lots. Please email [email protected] to make arrangements. Auction Location Griffin Studios, Stack’s Bowers Galleries Headquarters 1550 Scenic Avenue, Suite 150 Costa Mesa, CA 92626 In person live bidding will be allowed in accordance with Covid-19 directives and local mandates at the time of the auction. Reservations required. Auction Details Lot Pickup Live Session: There will be no onsite lot pick up. World Paper Money Note that due to import and export Thursday, April 28 regulations within the E.U., lot pick 9:00 AM PT up is not available for this auction. Lots 30001-30383 Dates, times and locations are subject to change. iii The Stack’s Bowers Galleries Team California Office: 949.253.0916 Accounting [email protected] Jeff Ambio [email protected] Wayne Berkley Ext. 225 – [email protected] Jeremy Bostwick Ext. 224 – [email protected] Q. David Bowers Lawrence R. Stack Greg Roberts Brian Kendrella Devilyn Callian Stack’s Bowers Galleries Stack’s Bowers Galleries CEO President Ext. 231 – [email protected] Founder Founder [email protected] [email protected] [email protected] [email protected] Jeremy Carlson Ext. 233 – [email protected] Chris Dahncke Ext. 217 – [email protected] Monica De Alba Ext. 309 – [email protected] Keni Drake Ext. 257 – [email protected] Cassi East Ext. 286 – [email protected] Christine Karstedt Jason Carter Andrew Glassman Ron Gillio Executive Vice President Executive Vice President Chief Financial Officer [email protected] [email protected] [email protected] [email protected] Jessica Hayes Ext. 200 – [email protected] California Office: 949.253.0916 Philadelphia Office: 267.609.1804 Kyle Hoyt Earle Van Alst Vicken Aghazarian Ext. 353 – [email protected] Ext. 340 – [email protected] Ext.794 – [email protected] Sarah Jackels Erin Whitson Bobby Avena Ext. 296 – [email protected] Ext. 235 – [email protected] Ext. 795 – [email protected] Brian Kendrella Erin Zirschky Mark Curcio Ext. 291 – [email protected] Ext. 264 – [email protected] Ext. 792 – [email protected] Maegan Lagow New York Office: 212.582.2580 Chris Maisano Ext. 322 – [email protected] Ext.793 – [email protected] Andrew Bowers Atefeh Madi Ext. 5522 – [email protected] Hong Kong Office: +011.852.2117.1191 Ext. 346 – [email protected] James McCartney Evan Lam Aris Maragoudakis Ext. 5455 – [email protected] [email protected] Ext. 279 – [email protected] Asha Ramcharan Nirat Lertchitvikul Eric Niño Ext. 5491 – [email protected] [email protected] Ext. 338 – ENiñ[email protected] Mark Schimel Ping Lertchitvikul Benjamin Orooji Ext. 5515 – [email protected] [email protected] Ext. 295 – [email protected] Larry Stack Crystal Ng Matt Orsini [email protected] [email protected] Ext. 214 – [email protected] Kevin Vinton Christine Pun Chris Ortega Ext. 5513 – [email protected] [email protected] Ext. 248 – [email protected] Vicken Yegparian Zhou Shou Yuan John Pack Ext. 5459 – [email protected] [email protected] Ext. 258 – [email protected] New Hampshire Office: 603.569.0823 Singapore: Kyle Ponterio Q. David Bowers Frederick Yow Ext. 212 – [email protected] [email protected] [email protected] Richard Ponterio Christine Karstedt Paris: +33.6.14.32.3177 Ext. 290 – [email protected] Ext. 361 – [email protected] Maryna Synytsya Steve Price Oklahoma Office: 800.817.2646 [email protected] Ext. 260 – [email protected] Jason Carter Other Offices Lillian Ross Ext. 631 – [email protected] Ext. 321 – [email protected] Henrik Holt Christensen John Morgan [email protected] Larry Stendebach Ext. 632 – [email protected] Ext. 245 – [email protected] Ben Mahaffey Daniel Mitchell [email protected] David Talk Ext. 633 – [email protected] Ext. 323 – [email protected] Consultants Jake Auernhammer Kent Tran Ext. 634 – [email protected] Manning Garrett, John Kraljevich, Mike Ontko, Ext. 221 – [email protected] Steve Tureen, Brad Yonaka Peter Treglia Cataloged by: Aris Maragoudakis, Henrik Christensen and Chris Dahncke. Ext. 250 – [email protected] Photographed by: Karen Bridges, Anthony Browning, Gerry Bueno, Renee Ferguson, Jeremy Katz, Carol Nguyen, Charlie Pech, Kristy Still, Keven Tran and Nicholas Weyand. iv The Stack’s Bowers Galleries Team California Office Richard Ponterio John Pack Peter A. Treglia Matt Orsini Ron Gillio Wayne Berkley Executive Vice President Executive Director Director of Currency Director of World & Numismatic Acquisitions Vice President [email protected] of Consignments [email protected] Ancient Numismatics Coordinator of Client Services [email protected] [email protected] [email protected] [email protected] Jeff Ambio Aris Maragoudakis Kyle Ponterio Ben Orooji Chris Ortega Steve Price Vice President Director of World Senior Numismatist, Senior Numismatist, Numismatist, Director of Numismatic of Numismatics Currency Auctions Consignment Director Auctioneer Lead Auctioneer Business Development [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] East Coast Offices Vicken Yegparian Mark Schimel James McCartney Andrew Bowers Bobby Avena Kevin Vinton Vice President East Coast Retail Director Director of Consignments East Coast Sales Manager Head Numismatic Trader Senior Numismatist of Numismatics [email protected] and Numismatics [email protected] [email protected] [email protected] [email protected] [email protected] Asian Offices Nirat Lertchitvikul Ping Lertchitvikul Crystal Ng Christine Pun Frederick Yow Zhou Shou Yuan Director of Asian Operations Operations Manager Senior Auction Executive Auction Executive Consignment Director Executive Consignment [email protected] [email protected] [email protected] [email protected] Southeast Asia Director, China [email protected] [email protected] Additional Expertise John Kraljevich Jeremy Bostwick Mark Curcio Larry Stendebach Henrik Holt Christensen Maryna Synytsya Senior Consultant Senior Numismatist Philadelphia Store Manager Numismatist Senior Consignment Manager of European [email protected] and Cataloger [email protected] [email protected] Director of Europe Operations [email protected] [email protected] [email protected] v Stack’s Bowers Galleries presents the The April 2022 Valkenburg Auction The inaugural MIF Paper Money Fair in Valkenburg, The past few years have changed the way we all do Netherlands has finally arrived! We are honored to business, but our ability to adapt and modernize the user have helped bring a show back to Valkenburg, working experience for both the buyer and seller has propelled alongside other titans of our industry such as PMG our leadership forward. These innovations include and The Banknote Book. MIF Events has utilized continued enhancement of our award-winning website their top-notch show organizing capabilities to elevate and IOS and Android apps, as well as the building banknote shows to new heights, and this event will be of Griffin Studios, our revolutionary film and event no exception. As the main sponsor, we are thrilled to facility. The combination of our live bidding application be hosting our first auction with lot viewing in Europe. and Griffin Studios provides the ultimate live auction After establishing ourselves as the premier auction experience, presenting sales in a completely new way house in Asia, Stack’s Bowers Galleries is excited to while redefining the auction house as we know it. With expand our European operations through auctions and offices on three continents, we are available to all clients unprecedented customer service. regardless of time zone, and our dedication to those clients remains paramount in all that we do. Our approach to this Valkenburg auction and future European auctions will be to curate a collector-driven Enclosed in this catalog are banknotes that will sale, providing high quality items, rare discoveries, and appeal to a broad audience, ensuring that no matter treasures to fill gaps in the collections being built by what you collect, we can offer something to enhance our clientele. Extending our reach in Europe allows us your collection. We invite you to join with us in marking to interact more closely with our European clients and this moment as just the beginning of a lengthy tradition. provide a platform to share in our success. At Stack’s Bowers Galleries, we deliver not only As always, enjoy the paper, record-breaking results, but also approachability and constant availability to our clients. It’s no wonder that so many of our consignors have returned to us again and again, as our results and expertise speak for themselves. We pride ourselves in being the best at what we do, and, more importantly, we are committed to delivering for our clients. Aris Maragoudakis View All Lots and Bid Online at StacksBowers.com! vi Order of Sale The April 2022 Valkenburg Auction World Paper Money Thursday, April 28 9:00 AM PT Lots 30001-30383 Category Lot Number Category ..........................................Lot Number Category ..........................................Lot Number World Paper Money ....................30001-30383 GERMANY ..................................30113-30126 NEW ZEALAND ........................30236-30247 ANGOLA .................................................30001 GERMANY, NICARAGUA ..............................30248-30250 ARGENTINA ..............................30002-30006 FEDERAL REPUBLIC ...............30127-30129 NORWAY .....................................30251-30256 AUSTRALIA ................................30007-30008 GHANA ........................................30130-30131 PAKISTAN ...................................30257-30258 AUSTRIA .....................................30009-30012 GREAT BRITAIN .......................30132-30134 PALESTINE .................................30259-30261 BAHAMAS ..................................30013-30018 GREECE .......................................30135-30136 PANAMA .................................................30262 BELGIAN CONGO ....................30019-30020 GREENLAND .............................30137-30145 PARAGUAY .............................................30263 BELGIUM ................................................30021 GUADELOUPE .......................................30146 PHILIPPINES ..............................30264-30269 BELIZE .....................................................30022 GUATEMALA .............................30147-30150 POLAND..................................................30270 BERMUDA ..................................30023-30024 GUERNSEY .................................30151-30152 PORTUGAL ................................30271-30278 BOLIVIA ..................................................30025 GUINEA...................................................30153 PORTUGUESE GUINEA ......................30279 BRITISH GUIANA .....................30026-30028 HAITI .......................................................30154 PORTUGUESE INDIA ..............30280-30281 BULGARIA ..................................30029-30030 HONDURAS ...........................................30155 REUNION....................................30282-30285 BURUNDI ....................................30031-30032 HONG KONG .........................................30156 RUSSIA-IMPERIAL ................................30286 CAMEROON ..........................................30033 ICELAND ................................................30157 RUSSIA-U.S.S.R. ......................................30287 CANADA .....................................30034-30043 INDIA ...........................................30158-30168 RUSSIA-NORTH CAUCASUS .............30288 CANADA-NEWFOUNDLAND...........30044 IRAN .............................................30169-30180 RUSSIA-MISCELLANEOUS .................30289 CAPE VERDE .............................30045-30046 IRAQ .............................................30181-30188 RWANDA-BURUNDI ................30290-30292 CENTRAL AFRICAN IRELAND, NORTHERN .......................30189 SAINT PIERRE & MIQUELON ...........30293 REPUBLIC ...................................30047-30050 IRELAND, REPUBLIC...............30190-30191 SAINT THOMAS & PRINCE ...............30294 CEYLON ..................................................30051 ISLE OF MAN .........................................30192 SARAWAK ...............................................30295 COLOMBIA .................................30052-30056 ISRAEL .........................................30193-30196 SAUDI ARABIA ......................................30296 COMOROS ..............................................30057 ITALIAN SOMALILAND .....................30197 SEYCHELLES ..............................30297-30300 CONGO DEMOCRATIC REPUBLIC .30058 ITALIAN STATES ...................................30198 SLOVAKIA ...................................30301-30302 COSTA RICA ..............................30059-30063 ITALY .......................................................30199 SOMALIA ....................................30303-30305 CURACAO ..............................................30064 JAMAICA.....................................30200-30201 SOUTHWEST AFRICA .........................30306 CZECHOSLOVAKIA .................30065-30069 KENYA .....................................................30202 SPAIN .......................................................30307 DAHOMEY .............................................30070 KOREA, SOUTH ....................................30203 SUDAN .........................................30308-30309 DANISH WEST INDIES .......................30071 KUWAIT ..................................................30204 SURINAME .............................................30310 DANZIG ...................................................30072 LEBANON ...............................................30205 SWEDEN .....................................30311-30313 DENMARK ..................................30073-30074 LUXEMBOURG..........................30206-30207 SWITZERLAND .........................30314-30315 EAST AFRICA ............................30075-30076 MADAGASCAR .........................30208-30209 SYRIA ...........................................30316-30321 EAST CARIBBEAN STATES ................30077 MALAWI .................................................30210 TAHITI .....................................................30322 ECUADOR ...................................30078-30079 MALAYA ......................................30211-30212 TANZANIA .............................................30323 EL SALVADOR .......................................30080 MALAYA AND BRITISH BORNEO ...30213 THAILAND .............................................30324 ETHIOPIA ...................................30081-30083 MALDIVES..............................................30214 TIBET .......................................................30325 EUROPEAN UNION .............................30084 MALI ............................................30215-30216 TRINIDAD & TOBAGO ...........30326-30328 FAEROE ISLANDS .....................30085-30086 MALTA .....................................................30217 TUNISIA ..................................................30329 FALKLAND ISLANDS ..........................30087 MAURITANIA ........................................30218 TURKEY ......................................30330-30335 FIJI ................................................30088-30089 MAURITIUS............................................30219 UNITED ARAB EMIRATES .....30336-30337 FINLAND ....................................30090-30091 MEMEL ....................................................30220 URUGUAY ...................................30338-30340 FRANCE ......................................30092-30102 MEXICO ......................................30221-30224 VIETNAM, SOUTH ...................30341-30342 FRENCH ANTILLES .................30103-30106 MEXICO-REVOLUTIONARY .............30225 WESTERN SAMOA ...............................30343 FRENCH EQUATORIAL AFRICA ......30107 MONGOLIA ................................30226-30227 YUGOSLAVIA ........................................30344 FRENCH GUIANA ................................30108 MOROCCO .................................30228-30232 ZAMBIA ...................................................30345 FRENCH WEST AFRICA .........30109-30110 MOZAMBIQUE .....................................30233 MIXED LOTS ..............................30346-30383 GABON ....................................................30111 NETHERLANDS ANTILLES ...............30234 GERMAN WEST AFRICA ....................30112 NEW CALEDONIA ...............................30235 View All Lots and Bid Online at StacksBowers.com! vii Stacks Bowers Galleries is Pleased to Present Griffin Studios The Next Generation of Coin Auctions and Marketing Throughout our nearly 90-year history, Stack’s Bowers Galleries has not only consistently led the industry in setting world record prices, but has also been at the forefront of innovating new and exciting ways to present and auction numismatic collections. Now more than ever, collectors are bidding online. Embracing this trend, we have created an online experience as compelling and appealing to bidders as attending our in-person auctions. Our industry exclusive Coins In Motion technology constructs high resolution animations that accurately capture the in-hand visual appeal of numismatic treasures. Alongside this proprietary technology, we have now taken the next step to provide online content that will bring the excitement of our auctions to any home or office. Launched in June 2021, Griffin Studios is a custom-built television, film and event facility based at our headquarters in Costa Mesa, California. Our multi-camera, fully integrated 4k broadcast ready facility will host our online auctions, as well as provide space to view collections and bid in-person. With the ability to send and receive feeds around the world, this nearly 5,000 square foot studio represents the next generation of coin auctions and will firmly cement Stack’s Bowers Galleries’ position as the industry leader. Unlike standard broadcast facilities, Griffin Studios has been uniquely designed to host numismatic auctions. Alongside a main set for auctions (with dedicated space for live bidders), a central room will allow for viewing, presentations, and hospitality. A grand entrance provides guests with a stunning view of the studio and impressive control room. We aim to bring a sense of occasion and attract excitement to every event, directly increasing bidding competition and revolutionizing our auction presentation. viii

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