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Showing posts from May, 2013

The most expensive Australian Banknote!

1913 10 Shillings banknote Image Curtesy: Talismancoins.com The first Australian currency note, bearing the ten shilling denomination, celebrates its centennial in 2013 as the most valuable pieces of Australian numismatic history in existence. The 10 shilling note, with the serial number M000001, was issued on May 1, 1913. The official numbering ceremony took place at the government printing works, which was then located at the King’s Warehouse at the western end of Flinders Street in Melbourne. The serial number was printed on the note by means of a hand-operated press by the Honourable Judith Denman, the five-year-old daughter of then Governor General Lord Denman. The note was then presented by Prime Minister Andrew Fisher to little Judith. And then the note disappeared from history, not to see the light of day for nearly 90 years! Other face values from £1 to £1,000 followed during the years 1913–1915, but the 10 shilling was the very first denomination - an...

1891 $1,000 Treasury note was sold for US$ 2.5 million at Heritage Auctions

The only known example of 1891 $1,000 treasury note with the portrait of General Meade  Image Courtesy: Paul Fraser Collectibles Ltd.  In a signature auction of Heritage Auctions (USA's leading auction house of collectibles) held between 24th April and 28th April 2013; Heritage sold this banknote for US$ 2.5 million. It is recorded as the unique banknote in the auction and bid was opened at US$ 1.2 million.  The only other example is reported to be housed in the  National Numismatic Collection  of the Smithsonian Institution. As the museum was lucky enough, as it was transferred there by the treasury department shortly after printing.  The 1891 $1,000 note  has similar basic design features with the famous "Grand Watermelon" note of 1890, which is well-known among collectors, despite being the more common of the two notes. A spectacular example of the note once held the previous US world record, after selling for US$2.2 million at He...