Historic Colonial banknote sells for £25,000

We've already looked at the exceptional Palestinian banknote which sold for £80,000 at Spink's April 14 sale.

And here's another historic notaphilic rarity from the same auction, which brought over three times its estimate.

Dated to 1879, this $5 Colonial Bank Saint Thomas note - serial number 22519 - is dated January 1 of that year. The black and white note auctioned with a pre-sale estimate of £5,000-7,000.

The note's surface bears an arms top centre, two manuscript signatures at the lower right, and a hand stamp confirming its place of issue as the "St Croix branch", visible at the top left and right of the note.


The $5 Colonial Bank Saint Thomas banknote, sold for £25,000

Billed by Spink as "a fresh white and attractive example, very fine and of the highest rarity, possibly a discovery note, a truly special note," it realised a final price of £25,000.

Overall, Spink's sale held last Wednesday grossed a total of £1,511,640, proving that there is big money in the 2010 collectible banknotes market.

 


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