SPINK World Banknotes Auction on 13-12-2012: Indian Banknotes sale

SPINK & SON LTD. is the established name in banknotes auctions. It is thriving for banknotes collectors or numismatists to be there and personally view the hammering King of Banknotes, Barnaby Faull (Director, Banknotes, SPINK) selling world's rare banknotes. It is notable that SPINK was founded in the year 1666 and survived all economic climates all through these years and diversified in USA, China, Singapore, Switzerland apart from UK. The brand is recognised by every collector of rare banknotes around the world. I was invited by Mr Faull to view the Indian Banknotes auction along with the world banknotes on 13-12-2012, which had exceedingly rare banknotes of India for sale. The remarkable lots are illustrated below with their lot numbers, opening bid amount and the hammering price. It was an amazing experience to watch the activities in the auction room.

Lot#207:

Opening Bid Amount: £5,000 

Sold at: £9,200*

(*Buyers premium excluded and same below in all examples) 

Lot#208 

Opening Bid Amount: £2,500 

Sold at: £3,600 

Lot#209

Opening Bid Amount: £3,200 

Sold at: £4,000

Lot#210

Opening Bid Amount: £8,000

Sold at: £9,000

Lot#222

Opening Bid Amount: £3,600

Sold at:£3,600

Superb Set of Specimens

Lot#225

Opening Bid Amount: £5,000

Sold at: £7,200 

Lot#226

Opening Bid Amount: £12,000 

Sold at: £14,600

Lot#227

Opening Bid Amount: £16,000 

Sold at: £21,000

The above lots were stars of the Indian Paper Money sale of the SPINK here at London on 13th December 2012. There were 'Prisoners of War' paper money as well,. which also showed good jump in the auction room in terms of interest from collectors. Lot#223 was estimated and opened for bid at £400 and was sold for £1,050 and Lot #224 was estimated and  opened for bidding at £600 was sold for £1,700. Fantastic results for SPINK! I wish this company should retain its prestige for ever in the collectibles market as they are always great. 

Reported by: Nilaish Sharma FRNS (IBNS Member & Dealer)

Image Curtsey: Barnaby Faull (Director, SPINK) 

These images are used for citing the auction results and must not be used without permission of Nilaish Esq. or Mr B. Faull. In all other cases except personal use, legal complications will be invited by the violators