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15-16 APRIL 2014 % ee SPINK 6 Gon Crtamnaas ann CEO Olive D. Stocker ‘Your Sogctausts Srasers UK -Tim Hirsch Guy Groton David Parsons Nick Startup Neill Granger Paul Mathews Dominic Sivastno Tom Sinith Tan Shapiro (Cons USA - George Fret Richard Deb [BUROFE -Gitio Craven Feimindo Marine? ‘CHINA ~Anna Lee Cons UK - Mike Vel Paul Dawson Richatd Bishop Willa MacKay Eleanor Charlotte Dix Tim Robson Edoward Wyngaard Barbara Mean John Pett USA -Sicphicn Goldsmith Greg Cole CHINA Kin Choi Chenin Banos, Bobs & Suanes [UK - Ramaby Faull Mike Ves Andrew Paso Manica Kruber USA. Stephen Goldsmith TEDKOPE Peter Chins CHa Paul Pei Po Chow Kein Cheung Onnens, Deconstions, Meats & Minsranix UK- Mark Quavle Oliver Pepys Roos [UK - Philip Skigley Jenifer Mulholland Avrocnarns USA Stephen Goldsmith Wines (CHINA Anna Lee Guillaume Willk-Fabi, ‘Your Eunovs Teaw (Loxpox -Lveaxo) Chairman’ Opice Charles Blane Dinectove Tim Hirsi” Anthony Spink Ancton & Client Management Team Mironava Adusi-Poku Edward Riots Lava Borgo Rita Aricte Dora Sigsti_ John Winchcombe KKenichito lmase Mania Martinez “Maurizio Scent Finance Alison Bennet Marco Fiori Mina Bhagat’ Dennis Muriu ily Tumclsy Dean Dowdall IT Adminitraton Berdla Qumaraull Leszek Woroaowice Lz Cones. Curlene Spencer Tom Robinson Crisina Dugont Giacomo Cant ‘Youn Asse Team (New Yous) Auction Administration and Marketing & Desi ‘Sonia Ales Luke Mitchell Madison Lang Finance &Adminiaration ‘Sam Qureshi Ingnd Qureshi stephen Goliseith ‘Your Asis Teas (Hove Kova -Siasrons) Vice Chairman ‘Anna Lee Adminicrasion ‘Angie Inloting Amy Yung Newton Tsing Raymond Tat Gary Tan WORLD BANKNOTES 15 & 16 April 2014 in London and on SPINK & LIV SALE Location SPINK LONDON 69 Southampton Row, Bloomsbury London WC1B 4ET tel +44 (0)20 7563 4000 fax +44 (0)20 7568 4066 ‘Vat No: GB 791627108 SaLe Detas Tuesday 15 April 2014 at 10.00 am. Session 1: Lots. 1+ ‘Tuesday 15 April 2014 at 2.00 pam. Session 2: Lots 468- Wednesday 16 April 2014 at 10.00 a.m, Session 3:Lots 951 ‘Wednesday 16 April 2014 at 2.00 p.m. Session 4: Lots 13: ‘Thursday 17 April 2014 at 10.00.m, (Separate Catalogue) Lots 1800-2306 In sending commission bids or making enquiries, this sale should be referred to as FAROUK - 14008 ‘VirwiNe oF Lors SPINK LONDON, 69 Southampton Row, Bloomsbury London WC1B 4ET Friday 11 April 2014 10.00 am. -5.00 pm. Monday 14 April 2014 10.00 a.m, -5.00 p.m. Private viewing by appointment only ‘This entire sale, including the front and back of most notes, is also available to view via Dropbox, please contact ‘Andrew Pattison for more details *Spink is pleted co continue to offer oue brand new ou ine bidding plain Spink Live for na charge rough www apink com, Please nore that buddsts who acre lots om the-aleoom.com wil have af of 3% on the hamimce price acded to thei iavoie for using this fclity. For more information and personal sistance please eal i@pinc com or pleas cll “+44 (0)20 7103 R608 oe 4 (0)20 7193 8342, ‘You ea donload the QR Code Header fr iPhone, Blackberry and ‘The Spink Environment Commitment: Paper from Sustainable Forests and Clean Ink and/or the-saleroom.com’ YOUR SPINK TEAM FOR THIS SALE FOR YOUR QuE! Barnaby Faull Dfaullespink.com +44 (0)20 7568 4031 TONS ABOUT THE SAL o1 Andrew Pattison, apattison@spink.com +44 (0720 7563 4044 FOR YOUR BIDS Rita Aricte auctionteamospink.com +44 (0)20 7563 4005 Jax +44 (0)20 7568 4037 FOR YOUR INTERNET BIDDING. Leszek Woronowiex hworonowicai/spink.com +44 (0)20 7563 4030 OR YOUR PAYMENT Billy Tumelty blumeltyaspink.com +44 (0)20 7563 4018, OR YOUR VAT EN cquinies John Winchcombe ‘jwinehcombexspink.com +44 (0)20 7563 4101 mal etlagueseepincom SPINK WORLD BANKNOTES ORDER OF SALE ‘TUESDAY 15 APRIL 2014 ‘Morning Session (Lots 1-467) commencing at 10,00 a.m. 17 ut 15-21 28 ANDORRA 29 ANGOLA 30.48 ARGENTINA 49.57 ‘ARMENIA 58-61 ‘AUSTRALIA 62-93 AUSTRIA 94. 97 AZERBATIAN 98 BAHAMAS 99. 103 BANGLADESH. 104 106, BARBADOS 107-110, BELGIAN- CONGO Me BELGIUM 126-132 BEL 133- 138 BERMUDA, 139-145, BHUTAN, 146. 148, BOLIVIA 149-156 BOTSWAN, 157- lol BRAZIL 162-171 BRITISH CARIBBEAN TERRITORIES 172-173, BRITISH HONDURAS 174-176 BRITISH WEST AFRICA 7 BULGARIA, 178-185, BURMA 186- 190, BURUNDI 191- 194 BRUNEL 195- 199 CAMBODIA, 200-207 CANADA, 208. 209 CAPE VERDE 210-227 CAYMAN ISLANDS, 228 CENTRAL AFRICAN REPUBLIC 29 CEYLON 230-242 CHAD 243 CHILE 244 CHINA 245-258, COLUMBIA, 259-204 (CONFEDERATE STATES 265-268 coNco, 269-279 COSTA RICA 280-286, CROATIA 287-288, CUBA 289-292 CYPRUS 293.302 DANISH WEST INDIES 303. 304 DANZIG 305. 307 DENMARK 303 DJIBOUTI 309. 318 EAST AFRICA 319. 345 EGYPT 346. 467 Afternoon Session (Lots 468-955) commencing at 2.00 p.m. EL SALVADOR EQUATORIAL AFRICAN STATES EQUATORIAL GUINEA ESTONIA, ETHIOPIA EUROPEAN UNION, FALKLAND ISLANDS Fur FINLAND FRANCE FRENCH ANTILLES FRENCH EQUATORIAL AFRICA FRENCH GUIANA FRENCH INDO-CHINA FRENCH OVERSEAS TERRITORIES FRENCH WEST AFRICA, GAMBIA GEORGIA GERMANY GHANA, GIBRAL GREECE GUADELOUPE GUINEA R HUNGARY ICELAND. FAEROE ISLANDS INDIA INDONESIA IRAN Persia 698 Jean 99-713 IRAQ 714-792 ISRAEL 793-823 ITALY 824-847 IVORY COAST 848-851 JAMAICA, 852-800) JAPAN 861-862 JORDAN 863. 888 KATANGA 889 KAZAKHSTAN 390 KENYA 801-896, KOREA 897-900) KUWAIT 901. 902 TAO! 903. 908, TATVIA 906. 924 LEBANON, 925. 949 LESOTHO 950. 955, WWW.SPINK.COM SPINK [April 15 & 16, 2014- LONDON ORDER OF SALE WEDNESDAY 16 APRIL 2014 Morning Session (Lots 956-1336) Afternoon Session (Lots 1337-1727) commencing at 10.00 a.m. commencing at 2.00 p.m. LIBYA 936-1036 QATAR 1337-1339 BRITISH MILITARY AUTHORITY 1037- 1040 QATAR AND DUBAL 1340. 1343 FRENCH OCCUPATION 1041-1043 REUNION 1st LITHUANIA 1044. 1062 RHODESIA, 1345-1348 LUXEMBOURG 1003- 1074 RHODESIA AND NYASALAND 1349-138] MACAU 1075- 1080 ROMANIA 1352 MADAGASCAR, 1081-1091 RUSSIA 1353-1443, MALAWT 1092. 1098 RWANDA AND BURUNDI TH 1448, MALAYA, 1099- 1102 SARRE 1449-1451 MALAYSIA 1103- 1108 SAINT PIERRE AND MIQUELON 1452-1455 MALDIVES 105 SAINT THOMAS AND PRINCE 1456. 1458, MALI 1106. 1113 SARAWAK 1459-1460 MALTA 114-1138 1461-1462 MARTINIQUE 1139- 1146 1463 MAURITANIA 147. 1149 1464. 1466 MAURITIUS 1150 1467 MEXICO. 131-1155 SINGAPORE 1468. 1469 MOROCCO 1156. 1159 SOMALIA 1470-1471 MOZAMBIQUE 1160. 1168 SOUTH AFRICA, 1472. 1484 NEPAL 1169. 1174 SOUTHERN RHODESIA 1485. 1490 NETHERLANDS EAST INDIES 1175-1179 SPAIN 1491-1513 NEW CALEDONIA STRAITS SETTLEMENTS 1514-1520 NEW ZEALAND SUDAN 1521-1823, NICARAGUA, SURINAM NORWAY SWAZILAND, OMAN SWEDEN 1533, PAKISTAN, SWITZERLAND 1534 15 PALESTINE SYRIA 1540. 1606 PANAMA, TAHITE 1607-1611 "ARAGUAY, TANNU-TOVA 1612 PERU THAILAND. 1613-1615 PHILIPPINES. TIMOR 1616-1618 POLAND, TOGO. 1619-1620 PORTUGAL TONGA, 162i PORTUGUESE GUINEA, TRINIDAD, 102: PORTUGUESE INDI TRANSKEL 162: r 1624- 1630 1681-1645, 1646-1647 UNITED ARAB EMIRATES 1648. 1649 UNITED STATES OF AMERICA 1650-1658 URUGUAY 1659-1667 VENEZUELA 1668 VIETNAM 1669- 1682 WEST AFRICAN STATES 1683- 1690 WESTERN SAMOA, 1691-1693 YEMEN 1694-1701 ZAMBIA 1702-1705; WORLD MIXED LOTS 1706-1727 For British Banknotes (lots 1800-2306) please see separate catalogue SPINK DIRECTLY FROM WWW.SPINK.COM FREE OF CHARGE ‘To create your ‘My Spink’ account, go to www.spink.com and eee CRG eee un ect nents tree RCE eons ncn Pon SOUT Mann GRC st Terran ne Ln em re oe oe te eee em cn cee ORT Pvp ernie aCe OtRe era ti Reece co ear kel Src kines) ae eo titty eo ee See eT Meee eRe a et cect CeO sco EURO Ce TYS Ifyou would like to just follow th Pee ST LS aN om Pw dP P select the sale and use the ‘Click to view on Spink Live’ YY Prius CU oe) eta eae os eee Coe oa tc) (Oc ECR co Rn ita entice ose - , WISH YOU SUCCESS IN BIDDIN . LINE WITH SPINK! eee tees Seeaieee ener remo cei eed Si Run ash t CMe Le Rice Cr mesic noe Cn) April 15 & 16, 2014 -LONDON SPINK FOREWORD There are several words to describe the auction this Spring: ‘Enormous’, ‘Coloueful” and ‘Varied among them. T would like to say ‘Spectacular is but that isn’t really our style. This World Banknotes auction is actually our largest ever, with over 2200 lots and a vast array of countries. We have all been working night and day to prepare the catalogue in time for the big World Paper Money Fair in Valkenburg and the following weeks" auction. In fact, I think “varied” describes the sale perfectly. We have hundreds of issued notes, colour trials and my favourite, the composite essays for the notes that never were. We have our usual selection of specimens, a crucial piece of the banknote collecting puzzle. If I were a collector T would love the opportunity to display my collection from the original composite essay, the die proof, to the colour trial, the specimen and finally the issued note. Altogether a logical and beautiful progression. Highlights of the auction must be the Ali Mehilba collections of Irag and Libya. Ali wrote the standard work on the currency of Libya and the majority of the notes in the auction are plate notes from the book. We have a superb group fiom Syria and Lebanon, excellent early Spain and many rare or unique South American specimens. There is also a very interesting and eclectic collection of items belonging to Arthur Julian Moulton, including a lovely Bermuda £1 of 1914 and a very rare Gibraltar 10/- of 1914. The notes in this collection are highlighted with blue lot numbers. For the British Isles, once again in their own catalogue, we have a great Scottish section, a lovely group of Tsle of Man notes and a well rounded English selection. In terms of individual notes, we are featuring a truly magnificent Norway 1000 kroner and a gorgeous East Affican 500 florins, However, the two stars of the show have to be the completely unknown and probably unique Egypt £10 of 1952 featuring the portrait of King Farouk, who was deposed before the note could be issued, and the British India 10 rupees of 1863 with a portrait of Queen Victoria, a mind boggling rarity. Lalways worry about the next sale, where will the notes come from, how is the market doing, etc, ete, but as the years have gone by the sales do keep coming. This relatively new market has shown itself to be most robust. I have said it before but I think it bears repeating, ‘the banknote market is a collectors market and as such a healthy marker”, and if the Spink catalogues can farther this through our auctions then Iam satisfied that we have played our part in this fascinating subject. Good luck to you all, Barnaby and Andrew SPINK WORLD BANKNOTES Day One TUESDAY 15 APRIL Morning Session commencing at 10.00 a.m (Lots 1-467) Al Sales are subject ro the ‘Terms and Conditions for Buyers printed ar the back of this catalogue, Please note that bidders who acquire lots on the-saleroom.com will have a fee of 3% on the hammer price added to their invoice for using this Faility. Spink is pleased to continue to offer our brand new on-line bidding platform Spink Live for no chatge through wow spink.com. Estimates ‘The estimated selling price of each lot is printed below the lot description and does not include the Buyer's Premium, Bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive. ‘They are subject t0 revision, ABYSSINIA 1 nk of Abyssinia printer's archival spsimen 5 hale, 1 June 1929, ea number 3/2. 109001 8/1 12000 romeo pale ns sad meng Rens Pa fd at cnt, beak bug te lg a righ lenge an ale range, wane cente persed CANCELLED steven court Stal ND (DIE), Tile ee cicpafc cea (VoL Lay cl facing ey ak 90-4 20 emotes wpe sheng nl bargin, ear sh eal geet nla pany p Bank of Abyssinia, obverse colour trial 10 thalers (2), the first, 19- (c1915), blue-green and purple on pale brown and multicoloured underprinr, the second, ND (c1915), purple and blue-grey on paie blue, pink and ‘multicoloured underprint, both leopard ar centre, lion ar lett bank building at right (Dick 2ct (2)]y the firm rear in top margin, staple ble, orherwive abour tunciventated, the second missing lower right corner, tears in margins, mounting marks, ocherwise extremely Fine, very rare (2) £300-400 Bank of Abyssinia, obverse and reverse uniface colour ‘tial 50 thalers, ND (c1915), black on pale green, pink and multicoloured underprinr, lion 3€ centre, bank building ar upper left lion at upper right, reverse _sfcen on pink and yellow underprint, vale in ornate uilloche and leaf pattern (Pick 3et), tear in right ‘margin of revere, otherwise extremely fine, very are (2) 1£500-700 WWW.SPINK.COM April 15 & 16, 2014- LONDON im SPINK 7 Bank of Abyssinia, obverse and reverse unifuce colour tral 50 thalers, ND (c1915), rose-purple on yellow, ora ge and grey undemprint, on at centre, bank building at upper left, lion at upper right, reverse brown violet, value in omate guilloche and leaf pattern (Pick 3et), mounting, races, the obverte atherwise extremely fine, the vevere ink annotations atid nic in right arg, otberwvis: good very fine, very rar: (2) 5 Bank of Abyssinia, obverse and reverse uniface colour trial 100 thalers, 19- (c1915), slae-violet on pink and ‘green underprint, elephant at right, bank building, at left, on ac upper left, reverse purple on pink and grey uunderprint, value in omate guilloche and palm leaf pattern (Pick det), mousing traces, pinbole in obverse, otherwise extremely fine, mast attractive and extremely rare(2) -£600-300 £500.70 eee ete eee 16 Bank of Abyssinia, obverse and reverse uniface colour tial $00 thalers,19- (c1915), brownish purple on pale green and multicoloured underprint, warrior standing at left, bank building at sight, lion at cop centre, reverse deep green on pale green, yellow and violet tunderprint, value in ornate guilloche and palm leaf pattern (Dick Set), mownting traces, pinhole in reverse, lrberwise extremely fine, mast attractive and extremely rare (2) £800-1,200 v Bank of Abyssi specimen 100 thalers, 19- (ca 1918), serial number 8/1 00001-B/103000, blue and pale pink, building ar lett, elephant at right, arms top left centre, reverse. purple (Pick 10s), perforated SPECIMEN, ood extremely fine, atractive and very rave £800-1,200 SPINK WORLD BANKNOTES AFGHANISTAN 8 Afghan Treasury, an interesting group of notes including 50 afghans, (ND 1928/1928), 10 afghanis, (ND 1928/1928), and a ser of 1936 issues comprising 2, 5, 10 and 20 afghanis (The Banknote Book AT B8, Bb, /MOF BL-5, Pick 9 10, 15-18), all free and extremly fine, a very pleasing romp £200-30 9° Ministry of Finance, Afghanistan, 30-afghanis, 1936, blue and green, coat of arms, Minar-T-stiglal (Independence Monument) in Kabul, reverse guilloche patterns (BB MOF Bo, Pick 19), fre, erp ‘and about uncirculated 2150-200 10 Ministry of Finance, Afghanistan, 100 afehanis, 1936, purple and green, coat of arms, Minar-I-Istiqlal (Independence Moniment) in Kabul, reverse uilloche patterns (BB. MOF B7, Tick 20), retainssuy wonsderfel colour, extremely fine £200-250 n Bank of Afghanistan, 100 —_afghanis, (SH1318/1939), olive green and pink, King Muhammad Zahir at right, reverse monument (Pick 26), crip, foes and nbout nocivenlated £150.20 yp Bank of Afghanistan, colour trial 500 afghanis, SH 1318(1939), red. serial numbers 07000-03501, igtcen and multicoloured, King Mubamimad Zale ia red top left, arms top centre, reverse brown and pale ‘green, palace at centre (Dick 37s), ink dace 22.140! tap suararn, also pencil annotation “NEVER ISSUED LOST IN TRANSIT’, god extremely fine and very rare “£1,000-1,400 x13 Bank of Afghanistan, specimen set of the 1967 issue, comprising 30 afghanis, green, 100 afghanis, burgunds, 500 afghanis, blue and 1000 alghanis, brown (DAB B26as, B27as, B28as, B25, Pick 43° 465), some very minor Iosocks but generally about nacivenlated to wncirculated (4) -£300-400 cv Bank of Afghanistan, 2 die proof portrait of king ‘Muhammad Zahir, ND (

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