Heritage Auctions

Auction 4022  –  23 April 2020

Heritage Auctions, Auction 4022

World Paper Money

Part 1: Th, 23.04.2020, from 5:00 PM CEST
Part 2: Th, 23.04.2020, from 7:00 PM CEST
The auction is closed.

Description

Greece Ionian Bank Ltd. 10 Drachmai = 5 Drachmai 31.8.1893 Pick Unlisted PMG Very Fine 20 Net. A surviving example of a first year issue 10 Drachmai, which is Pick S143 in the Standard Catalog of World Paper Money. At some point post issuance, the 10 Drachmai was cut in half to meet market demands of smaller denominations and was traded at the 5 Drachmai level. The third party grading company mentions rust and staining on this example.

HID09801242017

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Price realized 6'500 USD
Starting price 1'500 USD
Estimate 2'400 USD
The auction is closed.
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