Heritage Auctions

Auction 4013  –  26 - 27 June 2019

Heritage Auctions, Auction 4013

World Paper Money

Part 1: We, 26.06.2019, from 4:00 AM CEST
Part 2: We, 26.06.2019, from 8:00 AM CEST
Part 3: Th, 27.06.2019, from 4:00 AM CEST
The auction is closed.

Description

Japan Bank of Japan 200 Yen ND (1927) Pick 37Bs JNDA 11-41 Specimen PMG Choice Uncirculated 63 Net. An incredibly rare and historically important Specimen that was issued as a result of Japan's 1927 financial crisis. Many factors in the preceding years came to fruition in 1927, which lead the Bank of Japan to issue their entire stock of new and circulated banknotes. The Bank of Japan closed for two days, and an emergency printing of 50 and 200 Yen banknotes ensued. They were hastily created in order to meet cash demands, and because of the haphazard and rushed printing method, the quality of these emergency issues was so subpar that the 50 Yen was never released, and the 200 Yen were only issued for two days. This handsome Specimen is of that ill-fated emergency type. Red "Mi-hon" overprints and hole-punched cancellations are noted on this original example. A rusty paper clip dent and some edge nicks do not detract from the overall appearance of this rare type. At the time of cataloging, there are only eight examples graded in the PMG Population Report, and only two examples have been auctioned publicly within the past decade. An important opportunity to acquire an incredibly rare Specimen from a financially disastrous time in Japanese history. From the Yuri Solovey Collection of Japan and Territories

HID09801242017

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Price realized 14'000 USD
Starting price 10'000 USD
Estimate 20'000 USD
The auction is closed.
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