A State Bank of Pakistan, Hajj pilgrim issue 100 rupee note is the highlight of a sale of world banknotes taking place at Spink in London on 2-3 October.
The note originates from 1950 when the Pakistani government sought to provide a simple means for Hajj pilgrims, often illiterate, to exchange money when travelling to Mecca. The notes remained in use until 1978, when they were discontinued and most were destroyed - although a quantity found their way into the collector market.
 The banknotes were circulated in 1950 |
Brown and multicoloured, the note features an image of Pakistan's founder Mohammed Ali Jinnah at the left with a black overprint: "For Hajj pilgrims from Pakistan for use in Saudi Arabia only". It is valued at £30,000-40,000 ($48,042-64,057).
An Imperial Bank of Persia 50 tomans note dating to June 15, 1924 is another highlight, and carries an estimate of £12,000-15,000 ($19,209-24,014).
The note originates from Tehran and graduates in colour through brown, green, pink and pale orange. It features a central image of Shah Muzzaffar-al-Din, fifth Qatar king of Iraq, with the value at the centre and each corner. The condition is described as good fine to almost very fine.
A Government of Iraq 100 dinar note from 1931 is valued at £10,000-12,000 ($16,012-19,216). Blue, pale green and multi-coloured, it features an image of King Ghazi, ruler of Iraq from 1933-1939, to the centre along with five signatures. There is a small split at the central margin, but otherwise the note is in original condition.
A number of auctions are coming up at Spink in early October, including sales of African and Bermudan banknotes.
We have a fascinating selection of rare coins available for purchase.
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