Heritage Auctions

Auction 4025  –  18 September 2020

Heritage Auctions, Auction 4025

World Paper Money

Fr, 18.09.2020, from 5:00 PM CEST
The auction is closed.

Description

Netherlands New Guinea Nieuw-Guinea 500 Gulden 2.1.1950 Pick 10s Specimen PMG Gem Uncirculated 65 EPQ. A desirable highest denomination type from the first series of notes, examples are most likely either extremely rare or unknown in issued format. Netherlands New Guinea was hotly contested land after World War II and was the host of years of colonial fighting in the 1950s and early 1960s, until Indonesia finally wrested control of the area from the Dutch. A 500 Gulden banknote represented quite a large sum of money, hence the insurmountable task of acquiring an issued example. This pack fresh Specimen is the single finest graded example in the PMG Population Report at the time of cataloging. Red overprints are seen on both sides. Very rare and missing from many collections.

HID09801242017

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Price realized 9'000 USD
Starting price 2'500 USD
Estimate 4'000 USD
The auction is closed.
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