Heritage World Coin Auctions
Long Beach Signature Currency Sale 4006 6-7 Sep 2018
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German New Guinea Treasury 5 Marks 14.10.1914 Pick 1a. It is very important to state that this very rare note is not cancelled. In fact, this is the first uncancelled example from this issue that we have been able to offer. German New Guinea was invaded by Australian forces at the beginning of World War I. The only significant engagement took place on September 11, 1914 near Rabaul, as the Germans and their native forces were defeated by the Australians. This led to the surrender of all of the German forces ten days later. Next, a need quickly developed for a circulating currency. These provisional notes were issued at Rabaul and circulated for only the final two months of 1914 before being recalled and exchanged for the Australian Pound. This is not only a great Australian note, but it is also a great world note. It grades PMG Very Fine 20 Net with a skillful restoration and minor splits. From the Drs. Joanne and Edward Dauer Collection of Australian Banknotes HID08701242017
Estimate: 30000-50000 USD
German New Guinea Treasury 5 Marks 14.10.1914 Pick 1a. It is very important to state that this very rare note is not cancelled. In fact, this is the first uncancelled example from this issue that we have been able to offer. German New Guinea was invaded by Australian forces at the beginning of World War I. The only significant engagement took place on September 11, 1914 near Rabaul, as the Germans and their native forces were defeated by the Australians. This led to the surrender of all of the German forces ten days later. Next, a need quickly developed for a circulating currency. These provisional notes were issued at Rabaul and circulated for only the final two months of 1914 before being recalled and exchanged for the Australian Pound. This is not only a great Australian note, but it is also a great world note. It grades PMG Very Fine 20 Net with a skillful restoration and minor splits. From the Drs. Joanne and Edward Dauer Collection of Australian Banknotes HID08701242017
Estimate: 30000-50000 USD