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Stack's Bowers & Ponterio
August 2016 Hong Kong Auction - Sess. A-D  15-17 August 2016
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Lot 50380

Starting price: 0 USD
Price realized: 3600 USD
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NETHERLANDS INDIES. De Javasche Bank. 5 Gulden, 1895. P-45b. PMG Very Fine 25 Net.
An extremely important offering of this 19th century Javasche Bank design type. The second we have handled and certainly a piece that is missing in even advanced collections. A note-wide under-print is seen with intricate lathe styling in brown with black primary inks. The back shows an ovular design with four attractive blue "5" counters and four different languages stating the obligation. Small security code stamp at lower right of back in oval with "2730." Splits, Rust mentioned by PMG. A piece that indeed may make our estimate seem conservative. PMG Very Fine 25 Net.

Estimate: $4000.00- $6000.00
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