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Daniel Frank Sedwick, LLC
Treasure Auction 29  7-10 May 2021
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Lot 1314

Starting price: 7000 USD
Price realized: 8000 USD
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Guatemala, Banco Central, 10 quetzales, 21-4-1934, serial A094494 / 94531, PMG Choice UNC 63, finest known in PMG census, very rare.SCWPM-12a.Rare in any grade, this example is far and away the finest of five notes graded by PMG and certainly the finest to cross the auction block in recent years. It even surpasses the singular specimen example (graded XF 45) in the PMG census as well. This is the highest denomination made for this particular note issuance beginning in 1928. The design, rendered in bold red ink, features the bust of General Orellana at left and a quetzal bird at right perched above an encircled Guatemalan coat of arms watermark. The reverse depicts the historic bridge at Amatitlan over water with mountain in background. Ample security fibers are seen in two columns at the center as an anti-counterfeiting measure. Plentiful embossing is noted throughout this Waterlow & Sons printed note and the watermark stands out prominently too. The ink colors are especially vivid and original plus the paper quality, though toned around the margins, is quite nice. With very few examples of this type ever appearing at auction, a note of this caliber provides a not-to-be-missed opportunity to assemble (or upgrade) a top quality Guatemalan paper money collection.
($10000-20000)
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