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Stack's Bowers & Ponterio
January 2017 NYINC Auction  12-14 January 2017
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Lot 1087

Starting price: 3600 USD
Lot unsold
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DANISH WEST INDIES. National Bank of the Danish West Indies. 5 Francs, 1905. P-17. PMG About Uncirculated 50 Net. Retouched.
This extremely important offering marks the finest we have offered for this scarce and highly desirable issuer. These notes are typically only seen in lower grades with notes of Very Fine quality or better being quite scarce. This About Uncirculated note certainly is one of perhaps just a few to have seen only trivial circulation. Exceptional detail of the BWC styling remains throughout with appeal typically only reserved for specimen notes illustrated here. Close inspections shows just a vertical fold at center and a few corner tip folds and we cannot determine when looking through the holder as to where the retouching is that PMG mentions. After the sinking of the Lusitania, the aqcuisition of the D.W.I from Denmark became a focal foreign policy for the United States to prevent the Germans from using it as a naval base. The Danish West Indies are became the US Virgin Islands after they were purchased for 25 Million in 1917. PMG About Uncirculated 50 Net. Retouched.

From the Yuri Solovey Collection.

Estimate: $6000.00- $8000.00
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