Heritage Auctions

Auction 4026  –  17 - 19 December 2020

Heritage Auctions, Auction 4026

World Paper Money

Part 1: Th, 17.12.2020, from 3:00 AM CET
Part 2: Sa, 19.12.2020, from 3:00 AM CET
The auction is closed.

Description

Brunei Negara Brunei Darussalam 10,000 Ringgit 1989 Pick 20a KNB20a PMG Gem Uncirculated 65 EPQ. This iconic, gigantic banknote is the key to the series, and is the highest denomination banknote issued in modern times. The enormous face value, almost $7,400 USD at the time of cataloging, prevented most examples from being saved for posterity. Although this denomination may seem both outrageous and impractical, it served a purpose as a payment method for the largest transactions as well as a worthy gift for religious and cultural milestones. As of 2020, there is one way traffic for the $10,000 Ringgit in Brunei, as no new examples will be issued and circulating examples will be withdrawn as they are paid into accounts.

HID09801242017

© 2020 Heritage Auctions | All Rights Reserved

To the auctioneer's website

Question about this lot?

Bidding

Price realized 9'750 USD
Starting price 5'000 USD
Estimate 8'000 USD
The auction is closed.
Feedback / Support