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- Palestine - Palestine Currency Board 1 Palestine Pound September 30, 1929 Pick 7b. PCGS Very Fine 25. This is a very attractive 1929 Palestine Pound note. Palestine Currency Board notes were originally backed by gold. The 1929 issue was still under the gold standard until 1931, and the notes were heavily favored over other currency circulating in the area. As a result, attrition and redemption diminished the number of survivors we see today. Of the survivors, few are seen without flaws, as it was commonplace to write on the notes in pen during transactions. Even more were damaged, and a significant number are repaired. This example is pleasing and problem-free. The Dome of the Rock is seen at left and the Citadel is on the back. The colors are quite vibrant for the grade and it is free of distractions. Its bold originality makes this a premium example. Ex: Eric P. Newman Numismatic Education Society Realized $763.75. Newman VII (Heritage Auctions, 10/2015), lot 18017. Description courtesy of Heritage Auctions.
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- Palestine - Palestine Currency Board 1 Palestine Pound September 30, 1929 Pick 7b. PCGS Very Fine 25. This is a very attractive 1929 Palestine Pound note. Palestine Currency Board notes were originally backed by gold. The 1929 issue was still under the gold standard until 1931, and the notes were heavily favored over other currency circulating in the area. As a result, attrition and redemption diminished the number of survivors we see today. Of the survivors, few are seen without flaws, as it was commonplace to write on the notes in pen during transactions. Even more were damaged, and a significant number are repaired. This example is pleasing and problem-free. The Dome of the Rock is seen at left and the Citadel is on the back. The colors are quite vibrant for the grade and it is free of distractions. Its bold originality makes this a premium example. Ex: Eric P. Newman Numismatic Education Society Realized $763.75. Newman VII (Heritage Auctions, 10/2015), lot 18017. Description courtesy of Heritage Auctions.
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- Palestine - Palestine Currency Board 500 Mils August 15, 1945 Pick 6d. PCGS Very Fine 25. The later issues of Palestine Currency Board notes are generally considered the most available. That is not the case with the August 15, 1945-dated 500 Mils notes, which appear far less frequently than the 1939-dated examples. Though The Standard Catalog of World Paper Money assigns an added premium compared to 1939 dates, that premium does not reflect its true rarity. This also uses the classic and colorful style by De La Rue, with Rachel's tomb near Bethlehem at the left and on the back, the Citadel of Jerusalem in purple. A problem-free note displaying vivid colors for the grade, with bright and attractive paper. Ex: Eric P. Newman Numismatic Education Society Realized $1057.50. Newman VII (Heritage Auctions, 10/2015), lot 18016. Description courtesy of Heritage Auctions.
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- Palestine - Palestine Currency Board 500 Mils August 15, 1945 Pick 6d. PCGS Very Fine 25. The later issues of Palestine Currency Board notes are generally considered the most available. That is not the case with the August 15, 1945-dated 500 Mils notes, which appear far less frequently than the 1939-dated examples. Though The Standard Catalog of World Paper Money assigns an added premium compared to 1939 dates, that premium does not reflect its true rarity. This also uses the classic and colorful style by De La Rue, with Rachel's tomb near Bethlehem at the left and on the back, the Citadel of Jerusalem in purple. A problem-free note displaying vivid colors for the grade, with bright and attractive paper. Ex: Eric P. Newman Numismatic Education Society Realized $1057.50. Newman VII (Heritage Auctions, 10/2015), lot 18016. Description courtesy of Heritage Auctions.
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- Palestine - Palestine Currency Board 500 Mils April 20, 1939 Pick 6c. PCGS Very Fine 30 Apparent. The 500 Mils notes, or half of one Palestine Pound, were the smallest denominations that circulated in Palestine. The currency needed to be pegged to the British Pound Sterling for its stability and acceptance. Adjusted to today's money, 500 Mils represented a considerable amount. Circulating side by side were Turkish Lira and Egyptian Pounds. Egypt's currency was European backed, the puppet monarchy there (necessary for protection of the Suez Canal) ruled by the recently elevated King Farouk. The Palestine Currency Board series is attractively engraved by Thomas de la Rue. This is a classic and colorful purple framed note by De La Rue, with Rachel's tomb near Bethlehem at the left and on the back, the Citadel of Jerusalem, also printed in purple. Noted are some "Minor Ink Stains on Back." They are in the back center and do not affect the face. Ex: Eric P. Newman Numismatic Education Society Realized $1057.50. Newman VII (Heritage Auctions, 10/2015), lot 18015. Description courtesy of Heritage Auctions.
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- Palestine - Palestine Currency Board 500 Mils April 20, 1939 Pick 6c. PCGS Very Fine 30 Apparent. The 500 Mils notes, or half of one Palestine Pound, were the smallest denominations that circulated in Palestine. The currency needed to be pegged to the British Pound Sterling for its stability and acceptance. Adjusted to today's money, 500 Mils represented a considerable amount. Circulating side by side were Turkish Lira and Egyptian Pounds. Egypt's currency was European backed, the puppet monarchy there (necessary for protection of the Suez Canal) ruled by the recently elevated King Farouk. The Palestine Currency Board series is attractively engraved by Thomas de la Rue. This is a classic and colorful purple framed note by De La Rue, with Rachel's tomb near Bethlehem at the left and on the back, the Citadel of Jerusalem, also printed in purple. Noted are some "Minor Ink Stains on Back." They are in the back center and do not affect the face. Ex: Eric P. Newman Numismatic Education Society Realized $1057.50. Newman VII (Heritage Auctions, 10/2015), lot 18015. Description courtesy of Heritage Auctions.
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- Great Britain - Bank of England ?10 19.6.1936 "Operation Bernhard" Counterfeit Pick 336ax, B242. PCGS Very Fine 35. All historic paper currency issues interest Eric P. Newman, and the "Operation Bernhard" notes are no exception. In 1942, S.S. Major Walter Bernhard Kruger assembled a group of Jewish artists, engravers, printers, and technicians in the Sachsenhausen Concentration Camp in order to counterfeit British paper money. The operation was massive in its scope. Nearly nine million notes were printed, totaling more than ?130 million. While the Germans could not effectively introduce the notes into circulation en masse, they were nonetheless effective in stoking fears about the British money supply due to their impressive quality. Britannia is at upper left, and the denomination guilloche at lower left is similar in style to the ?50 previous. Most of the counterfeits seen today are in mid-grade, and this example is a bright and pleasing representative from this historic narrative. Ex: Eric P. Newman Numismatic Education Society Realized $552.25. Newman VII (Heritage Auctions, 10/2015), lot 18014. Description courtesy of Heritage Auctions.
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- Great Britain - Bank of England ?10 19.6.1936 "Operation Bernhard" Counterfeit Pick 336ax, B242. PCGS Very Fine 35. All historic paper currency issues interest Eric P. Newman, and the "Operation Bernhard" notes are no exception. In 1942, S.S. Major Walter Bernhard Kruger assembled a group of Jewish artists, engravers, printers, and technicians in the Sachsenhausen Concentration Camp in order to counterfeit British paper money. The operation was massive in its scope. Nearly nine million notes were printed, totaling more than ?130 million. While the Germans could not effectively introduce the notes into circulation en masse, they were nonetheless effective in stoking fears about the British money supply due to their impressive quality. Britannia is at upper left, and the denomination guilloche at lower left is similar in style to the ?50 previous. Most of the counterfeits seen today are in mid-grade, and this example is a bright and pleasing representative from this historic narrative. Ex: Eric P. Newman Numismatic Education Society Realized $552.25. Newman VII (Heritage Auctions, 10/2015), lot 18014. Description courtesy of Heritage Auctions.
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- Great Britain - Bank of England ?200 June 20, 1918 Pick 317, B209f. PCGS Fine 15PPQ. This is an exceedingly rare and important Bank of England note. London 1918 high-denomination "White Notes" are particularly rare. The ?200 denomination was discontinued on June 20th of 1918, the same date as engraved on this note. Pam West lists it simply as "Rare" and without prices in English Paper Money. Newman acquired this note in the early 1990s from the grandchildren of a Russian banker who felt it would be confiscated if redeemed amidst the instability of the Russian Revolution. At the time, Newman's research pointed to it being the only example of the denomination known, but another example is pictured in West's book. It remains one of the most elusive "White Notes" for collectors and in comparison, the ?1,000 denomination, which is also listed as "Rare," has not been offered at auction since 1996. It has the standard Bank of England design with Britannia at upper left. The denomination guilloche is at left, outlined TWO HUNDRED in script. At bottom is the engraved signature of Ernest Harvey, Chief Cashier. The overall appearance is much higher than graded, and the paper originality and lack of splits or holes most commonly seen on these notes garnered it a Premium Paper Quality designation from PCGS. This is an extremely important offering from the Newman Collection. Ex: Eric P. Newman Numismatic Education Society Realized $30550.00. Newman VII (Heritage Auctions, 10/2015), lot 18013. Description courtesy of Heritage Auctions.
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- Great Britain - Bank of England ?200 June 20, 1918 Pick 317, B209f. PCGS Fine 15PPQ. This is an exceedingly rare and important Bank of England note. London 1918 high-denomination "White Notes" are particularly rare. The ?200 denomination was discontinued on June 20th of 1918, the same date as engraved on this note. Pam West lists it simply as "Rare" and without prices in English Paper Money. Newman acquired this note in the early 1990s from the grandchildren of a Russian banker who felt it would be confiscated if redeemed amidst the instability of the Russian Revolution. At the time, Newman's research pointed to it being the only example of the denomination known, but another example is pictured in West's book. It remains one of the most elusive "White Notes" for collectors and in comparison, the ?1,000 denomination, which is also listed as "Rare," has not been offered at auction since 1996. It has the standard Bank of England design with Britannia at upper left. The denomination guilloche is at left, outlined TWO HUNDRED in script. At bottom is the engraved signature of Ernest Harvey, Chief Cashier. The overall appearance is much higher than graded, and the paper originality and lack of splits or holes most commonly seen on these notes garnered it a Premium Paper Quality designation from PCGS. This is an extremely important offering from the Newman Collection. Ex: Eric P. Newman Numismatic Education Society Realized $30550.00. Newman VII (Heritage Auctions, 10/2015), lot 18013. Description courtesy of Heritage Auctions.