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Stack's Bowers & Ponterio
January 2014 NYINC Auction - Sess. C-D  13 January 2014
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Lot 3012

Starting price: 900 USD
Price realized: 950 USD
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AUSTRALIA. Commonwealth of Australia £1, ND (1927). P-16c.
(R26) E.C. Riddle | J. Heathershaw. A rare note in this About Uncirculated grade and certainly a piece that will enhance any collection it enters. Seen with deeply watermarked paper and a strong impression of the design. Profile vignette in circle of KGV at right and arms at left. Orange under-printing with denomination repeated. Just a few touches of circulation is observed and the last we handled in this grade brought $3,652.00 as lot 6016 in our March 2010 Baltimore sale. One of only a small handful of AU notes PMG has graded for the catalog number with none achieving an Uncirculated grade. PMG About Uncirculated 55.
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