World Currency
France La Banque Royale January 1, 1720 10 Livres PMG Very Fine 35 Net Pick A16b. We sold a similar specimen in the Newman collection which we described as follows: "The second series Banque Royale notes are scarce. The Ford notes were dispersed several years ago, and these notes are now only occasionally seen in American sales. This example was printed on watermarked white paper. Part of the indent design text at the left is visible. With subtle tone and only some moderate wear, this is a problem-free "John Law" type note." That piece was graded Very Fine 25 by PCGS and fetched $1265. This example is a bit nicer, especially when viewed from the front, but does have some tape repairs on the back, along with traces of a former mounting. PMG Choice Very Fine 35 Net.
Estimate: 900-1200 USD