The January 2017 NYINC Auction: World Paper Money

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by  Stack's

The January 2017 NYINC Auction
World Paper Money
January 12 & 17, 2017
Waldorf Astoria Hotel
New York, NY
An Official Auction of the NYINC
Stack’s Bowers Galleries
Upcoming Auction Schedule

Coins and Currency
Date Auction Consignment Deadline
January 11, 2017 Collectors Choice Online Auction – U.S. Coins & Currency December 22, 2016
StacksBowers.com
February 22, 2017 Collectors Choice Online Auction – U.S. Coins & Currency February 7, 2017
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March 15, 2017 Collectors Choice Online Auction – U.S. Coins & Currency February 28, 2017
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March 29-31, 2017 Stack’s Bowers Galleries – U.S. Coins & Currency January 31, 2017
Official Auction of the Whitman Coin & Collectibles Baltimore Expo
Baltimore, MD
March 31, 2017 Stack’s Bowers Galleries – U.S. Coins Not Applicable
The D. Brent Pogue Collection, Part V
Evergreen Museum & Library
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April 3-5, 2017 Stack’s Bowers and Ponterio – Chinese & Asian Coins & Banknotes January 31, 2017
Hong Kong Auction of Chinese and Asian Coins & Currency
Hong Kong
April 5, 2017 Collectors Choice Online Auction – U.S. Coins & Currency March 21, 2017
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May 3, 2017 Collectors Choice Online Auction – U.S. Coins & Currency April 18, 2017
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May 17, 2017 Collectors Choice Online Auction – Ancient & World Coins & Banknotes April 21, 2017
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June 14, 2017 Collectors Choice Online Auction – U.S. Coins & Currency May 30, 2017
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June 21-24, 2017 Stack’s Bowers Galleries – U.S. Coins & Currency April 25, 2017
Official Auction of the Whitman Coin & Collectibles Baltimore Expo
Baltimore, MD
July 12, 2017 Collectors Choice Online Auction – U.S. Coins & Currency June 26, 2017
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August 1-5, 2017 Stack’s Bowers Galleries – World Coins & Paper Money June 2, 2017
An Official Auction of the ANA World’s Fair of Money
Denver, CO
August 1-5, 2017 Stack’s Bowers Galleries – U.S. Coins & Currency June 5, 2017
An Official Auction of the ANA World’s Fair of Money
Denver, CO
August 14-16, 2017 Stack’s Bowers and Ponterio – Chinese & Asian Coins & Banknotes June 13, 2017
Hong Kong Auction of Chinese and Asian Coins & Currency
Hong Kong
October 4, 2017 Collectors Choice Online Auction – Ancient & World Coins & Banknotes September 8, 2017
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November 9-12, 2017 Stack’s Bowers Galleries – U.S. Coins & Currency September 12, 2017
Official Auction of the Whitman Coin & Collectibles Baltimore Expo
Baltimore, MD
Stack’s Bowers Galleries presents
Th e January 2017 NYINC Auction
World Paper Money
January 12 & 17, 2017
Waldorf Astoria Hotel
301 Park Avenue
New York, NY 10022
Tel: [phone]
California Offi ce New York Offi ce New England Offi ce Hong Kong Offi ce
1231 E. Dyer Road, Ste 100 123 W. 57th St. P.O. Box 1804 Unit 1603, 16/F
Santa Ana, CA 92705 New York, NY 10019 Wolfeboro, NH 03894 Miramar Tower
Telephone: [phone] Telephone: [phone] Telephone: [phone] No. 132 Nathan Road
Telephone: [phone] Telephone: [phone] Telephone: [phone] Tsim Sha Tsui, Kowloon, HK
Fax: [phone] Fax: [phone] Fax: [phone] Telephone: [phone]
Paris Offi ce South Carolina Offi ce
Telephone: [phone] Telephone: [phone]
www.StacksBowers.com
Copyright © 2016 Stack’s-Bowers Numismatics, LLC • All Rights Reserved
How to Bid
Before the Live Auction
There are several ways to bid prior to the start of the live auction.
Fax/Mail Bid Sheet
Use the enclosed bid sheet and mail or fax it to us. If sending by mail, please allow sufficient time for the postal service.
Mail: Att. Auction Department Fax: [phone]
Stack’s Bowers Galleries
1231 East Dyer Rd., Ste 100
Santa Ana, CA 92705
United States
Phone
Telephone Stack’s Bowers Galleries at 949.253.0916
Internet
View additional images and add items to your personal tracking list. You may also place bids and check their status in
real time. Visit our website at www.stacksbowers.com.
During the Live Auction
Attend in Person
Auction Event: Waldorf Astoria Hotel
301 Park Avenue
New York, NY 10022
Tel: [phone]
Live Online Bidding
Stack’s Bowers Galleries will offer live online bidding for this auction. We strongly recommend that you register
to bid at www.stacksbowers.com at least 48 hours before the start of the auction.
Live Bidding by Phone
If you wish to bid by phone during the live auction, please register your interest at least 48 hours prior to the start
of the auction. Stack’s Bowers Galleries will ask for the lot numbers you are interested in with your complete contact
information. Stack’s Bowers Galleries will call you during the auction and you can place bids with our representative
in real time. We regret that we can only offer this service for lots estimated at $2500 or more. If you wish to arrange live
bidding by phone, contact Customer Service at 949.253.0916 or email [email protected].
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The January 2017 NYINC Auction
January 12 & 17, 2017
Lot Viewing
Lot Viewing will be conducted in the Santa Ana, CA offices (by appointment only): December 15-16, & 19-22, 2016
Lot Viewing will be conducted in the NY offices (by appointment only): January 3-9, 2017
Lot Viewing will be conducted at the Waldorf Astoria in the Morgan Suite (18th Floor), as follows:
Wednesday, January 11 Thursday, January 12 Friday, January 13 Saturday, January 14 Sunday, January 15

9:00 AM – 5:30 PM ET 9:00 AM – 5:30 PM ET 9:00 AM – 5:30 PM ET 9:00 AM – 5:30 PM ET 9:00 AM – 1:00 PM ET
Auction Location
Waldorf Astoria Hotel
301 Park Avenue
New York, NY 10022
Tel: [phone]
Auction Details
Session A Session B Session C
World Paper Money Ancient Coins, Selections from World Coins Part II
Thursday, January 12 The Richard Stuart Collection & Saturday, January 14
1:00 PM ET World Coins Part I 6:30 PM ET
Lots 1001-1406 Friday, January 13 Lots 3001-3453
6:30 PM ET
Lots 2001-2504
Session D Session E Session F
Internet Only Internet Only Internet Only
World Paper Money Ancient Coins World Coins
Tuesday, January 17 Tuesday, January 17 Wenesday, January 18
9:00 AM PT 9:00 AM PT 9:00 AM PT
Lots 4001-4561 Lots 5001-5282 Lots 6001-7404
Please refer to our other January 2017 auction catalogs for a listing of ancient and world coins.
View our entire auction schedule online at StacksBowers.com.
Lot Pickup
Lot Pickup will be conducted at the Waldorf Astoria in the Morgan Suite (18th Floor), as follows:
Bank Wire Information:
Friday, January 13 Saturday, January 14
CIT Bank, N.A.
10:00 AM – 1:00 PM ET 10:00 AM – 1:00 PM ET
888 East Walnut Street, Pasadena, CA 91101
Sunday, January 15 ABA/routing#: 322270288
9:00 AM – 1:00 PM ET Swift code: OWBKUS6L (for incoming international wires)
Account #1311011385
Dates, times and locations are subject to change. Account name: Stack’s Bowers Numismatics, LLC
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Stack’s Bowers Galleries
Q. David Bowers Harvey Stack Lawrence R. Stack Greg Roberts Brian Kendrella
Stack’s Bowers Galleries Stack’s Bowers Galleries Stack’s Bowers Galleries President and CEO, President
Founder Founder Founder Spectrum Group International [email protected]
[email protected] [email protected] [email protected] [email protected]
Richard Ponterio Nirat Lertchitvikul Ron Gillio Vicken Yegparian Zhou Shou Yuan
Executive Vice President Director of Asian Operations Numismatic Acquistions Vice President of Numismatics Executive Consignment Director
[email protected] [email protected] Coordinator [email protected] China
[email protected] [email protected]
Peter A. Treglia Manning Garrett John Pack Brad Ciociola Aris Maragoudakis
Director of Currency Director of Currency Executive Director Currency Specialist Currency Specialist
[email protected] [email protected] of Consignments [email protected] [email protected]
[email protected]
Christine Karstedt Andrew Glassman Wayne Berkley Maryna Synytsya Melissa Karstedt
Executive Vice President Chief Financial Offi cer Director of Client Services Manager of European Operations Auctioneer,
[email protected] [email protected] [email protected] [email protected] Consignment Director
[email protected]
Cataloged by Aris Maragoudakis, Matthew W. Quinn and Peter A. Treglia
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Stack’s Bowers Galleries Team
New Hampshire Office: 603.569.0823
Q. David Bowers
Consignment and Numismatic Specialists [email protected]
Christine Karstedt
California Office: 949.253.0916
Ext 361 – [email protected]
Jeff Ambio Scott Reiter
Melissa Karstedt
Ext. 204 – [email protected] Ext. 228 – [email protected]
Ext 362 – [email protected]
Wayne Berkley Peter Treglia
Ext. 262 – [email protected] Ext. 250 – [email protected] Hong Kong Office: +852.2117.1191
Chris Chatigny Robert Witt Nirat Lertchitvikul
Ext. 318 – [email protected] Ext. 217 – [email protected] [email protected]
New York Office: 212.582.2580
Ron Gillio Ping Lertchitvikul
[email protected] Andrew Bowers [email protected]
Ext. 5222 – [email protected]
Richard Gonzales
Ext. 219 – [email protected] Amandeep Jassal Paris Office: +33.6.14.32.3177
Ext. 249 – [email protected]
Brian Kendrella
Maryna Synytsya
Ext. 291 – [email protected] Harvey Stack [email protected]
[email protected]
Aris Maragoudakis
Ext. 279 – [email protected] Larry Stack
Other Offices
[email protected]
James McCartney
Bobby Avena
Ext. 232 – [email protected] Vicken Yegparian
[email protected]
Ext. 5459 – [email protected]
Todd McKenna
Brad Ciociola
Ext. 221 – [email protected]
[email protected]
Consultants
Benjamin Orooji Manning Garrett
Ext. 295 – [email protected] John Kraljevich [email protected]
Andy Pollock
John Pack Ben Mahaffey
Ext. 258 – [email protected] Eric Schena [email protected]
Steve Tureen
Kyle Ponterio
Ext. 212 – [email protected] Matthew W. Quinn
Bruce Hagen
Richard Ponterio
Ext. 290 – [email protected] Frank Van Valen
Steve Price
Ext. 260 – [email protected]
Customer Service Accounting Photography Shipping and Receiving
Jenna Arsenian Eric Choi Karen Bridges Jason Best
Linda Bernard Andrew Glassman Jeremy Katz Tyler Hartge
Bryan Cao James Nguyen Dan Malo
Samantha Douglas Asha Ramcharan Keven Tran Administrative
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Sarah Jackels Naomi Ropati Information Technology Larissa Mulkern
Jolie Jiang Tracey Kasparian Kenny Chao Carola Ponterio
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Erin Zirschky Marketing and
Travis McDonald Graphic Design
Crystal Ng Jennifer Meers
Robin Olson Millie Wu
DJ Olivares
Mary Ross
Taylor McCluskey
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Welcome to the January 2017 New York International Auction
Th e World Currency Department of Stack’s Bowers and Other highlights worthy of mention are the fully original
Ponterio are elated to off er the catalog for our fl agship uncirculated examples of the Rhino and Zebra notes from
2017 January New York International Auction, held at the Burundi. Th ese are the fi nest ever off ered in public auction
Waldorf Astoria in New York City. It’s been quite a journey and the only uncirculated examples in original paper quality
this time around, as we’ve been collecting consignments that we have seen. An issued Qatar and Dubai 25 Riyals note
for this sale since the summer. With New York City being that is widely considered the most diffi cult of the series,
synonymous with the best of the best, we knew that this will also be available in this auction. In addition, we are
sale needed to have exquisite and highlight-able material auctioning off some rare Specimen Proofs from the Bank of
that exceed expectations. Th erefore, with the help of our France, as well as some replacements from the Philippines.
industry leading Consignment Directors and our ever
As mentioned earlier, words do not adequately express
growing clientele, we have pieced together a sale worthy
our excitement over this off ering. With all of the rarities
of being called a “New York International” off ering. A few
and never before seen pieces we are off ering, we expect a
of the most scarce and desirable notes can be seen in this
collector driven auction with a large attendance that will
catalog, with many being the fi nest, and in some cases, the
make this sale a huge success. As always, we thank you for
only notes known for the type.
your interest in our auction, and hope you will not hesitate
A great example of this is our 50 and 100 Tomans notes being to reach out to us if you have any questions regarding the
off ered as highlights in the Iranian section of our catalog. lots off ered here.
Th ese Imperial Bank of Persia issued notes are the fi nest we
have seen, and the only we have known to ever be off ered in
a public auction. Th e 50 Tomans is payable at Teheran only
and the 100 Tomans features a rarer Kermanshah overprint. With Sincere Appreciation,
Th ese notes were collected with a high degree of diffi culty
as part of Dr. Magid Al-Kimawi’s collection. In addition to
these issued notes, Dr. Al-Kimawi has given us several high
grade Iranian Specimens to off er in conjunction with these
pieces.
Zanzibar is one of those few places, that when mentioned,
always grabs the attention of collectors world wide. We are
AArriiss MMaarraaggoouuddaakkiiss
off ering the fi nest graded, uncancelled example of their 5
Rupees banknote from 1908. Only about 500 total pieces
in any denomination were said to have survived of the fi rst
issued denominations. Fast forward nearly a century later,
that number has surely dwindled signifi cantly.
We have two high valued specimen albums with assortments
of scarce specimens as well. One of which is a mixture of
South American specimens that are individually holdered
and placed into 3 prong sleeves. Th e other is a hardbound
leather book with a range of 36 Iranian specimens that once
belonged to a close advisor to the Shah. We anticipate a
spirited amount of bidding on each of these books, as they
off er a broad spectrum of collectability.
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The Prestigious Collection of Dr. Magid Al-Kimawi
Dr. Magid Al-Kimawi is a Pain As the years passed, Dr. Al-Kimawi realized that his
Medicine Specialist and a Paper excitement grew whenever he saw Imperial Bank of Persia
Money collector who grew up in notes; knowing the rarity of high quality notes was an
Jeddah, Saudi Arabia. Jeddah is the obstacle and collecting them was a challenge. In turn, he
second largest city in the Kingdom found this challenge to be a central component that fueled
of Saudi Arabia. As the main gate his continued interest in collecting them.
for the pilgrims, he was exposed to
Dr. Magid has felt fortunate to have found some of the
people from all around the world.
rarest Imperial Bank of Persia banknotes, especially the
He started collecting from a young 100 and 50 Tomans, in issued form. Searching for those
age, roughly around middle school. Initially, he started highly rare notes took quite some time, money, and effort,
his collection with old Saudi Riyals and then leaned more but was nevertheless strongly satisfying.
towards the Ottoman Liras. Eventually, his collection
He is deeply excited to offer those notes to the public so
expanded to include most of the Middle Eastern banknotes.
someone else may enjoy them like he has. Though it may
be tough to let go off, he’s confident they will fall into the
right hands.
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Highlights from the January 2017 NYINC Auction

Lot 1019

Lot 1028

Lot 1070

Lot 1052
Lot 1081

Lot 1054

Lot 1053
Lot 1087
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