Heritage World Coin Auctions
September Signature Currency Sale 4025 18 Sep 2020
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East Africa East African Currency Board 20 Florins = 2 Pounds 1.5.1920 Pick 11 PMG Choice Extremely Fine 45. East Africa has become one of the most popular fields of collecting within the hobby, due in part to its interesting history, but also because of the wide variety of rare types that were produced, especially during the reign of King George V. The British sphere of influence in the region expanded after World War II, adding Tanzania and Zanzibar to the established colonies of Kenya, Uganda, and British Somaliland. Before 1919, Somaliland, East Africa, Zanzibar, and German East Africa denominated their currency in Rupees, issued locally or from India. In 1920, four of the five British colonies in East Africa adopted the Florin, instead, from the newly formed Currency Board. This stunning and extremely rare 20 Florins was a middle denomination in the famed 1920 series. Interestingly, a tiny quantity of these were saved for presentation pieces, each of which features a similar serial number to this offered note. At the time of cataloging, this is only the third example graded in the PMG Population Report. It is worth mentioning that, in 1921, the East African Currency Board abandoned the Florin system and adopted the Shilling, which still exists in Somalia, Kenya, Uganda, and Tanzania. The short lifespan, limited issuance, and high redemption rate make this note one of the rarest of all African issues. Unsurprisingly, it is a glaring omission in even the most complete British Commonwealth and George V collections. Lightened stains are mentioned for accuracy on this splendid note, which exhibits on minor folding and handling. https://currency.ha.com/itm/world-currency/east-africa-east-african-currency-board-20-florins-2-pounds-151920-pick-11-pmg-choice-extremely-fine-45/a/4025-28217.s?type=CoinArchivesCurrency4025 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 48000-72000 USD
East Africa East African Currency Board 20 Florins = 2 Pounds 1.5.1920 Pick 11 PMG Choice Extremely Fine 45. East Africa has become one of the most popular fields of collecting within the hobby, due in part to its interesting history, but also because of the wide variety of rare types that were produced, especially during the reign of King George V. The British sphere of influence in the region expanded after World War II, adding Tanzania and Zanzibar to the established colonies of Kenya, Uganda, and British Somaliland. Before 1919, Somaliland, East Africa, Zanzibar, and German East Africa denominated their currency in Rupees, issued locally or from India. In 1920, four of the five British colonies in East Africa adopted the Florin, instead, from the newly formed Currency Board. This stunning and extremely rare 20 Florins was a middle denomination in the famed 1920 series. Interestingly, a tiny quantity of these were saved for presentation pieces, each of which features a similar serial number to this offered note. At the time of cataloging, this is only the third example graded in the PMG Population Report. It is worth mentioning that, in 1921, the East African Currency Board abandoned the Florin system and adopted the Shilling, which still exists in Somalia, Kenya, Uganda, and Tanzania. The short lifespan, limited issuance, and high redemption rate make this note one of the rarest of all African issues. Unsurprisingly, it is a glaring omission in even the most complete British Commonwealth and George V collections. Lightened stains are mentioned for accuracy on this splendid note, which exhibits on minor folding and handling. https://currency.ha.com/itm/world-currency/east-africa-east-african-currency-board-20-florins-2-pounds-151920-pick-11-pmg-choice-extremely-fine-45/a/4025-28217.s?type=CoinArchivesCurrency4025 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 48000-72000 USD