Heritage World Coin Auctions
Hong Kong Signature Currency Sale 4044 20 Jun 2023
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Straits Settlements Government of the Straits Settlements 50 Dollars 1.2.1901 Pick 4A KNB8 PMG Very Fine 20. The Straits Settlements were an ever evolving and expanding group of British Colonies on and around the Malay Peninsula, as well as Labuan and perhaps Christmas Island. Beginning in 1840, private banks began issuing paper notes in Penang, Malacca, Dindings, and Singapore. The Government of the Straits Settlements took over issuance around the turn of the 20th century, with the first notes seen dated 1898. A plethora of denominations were issued over the next four decades, all of which are desirable today. This incredible and extremely rare $50 from 1901 is almost unknown in issued format, as it is only the second example ever graded by PMG. We have not offered this denomination in the past and it is missing from nearly all dedicated collections. All ink and details remain clear. Two notations on the back are mentioned for accuracy. In the opinion of the cataloger, the visual appeal is quite excellent for the technical grade assigned by PMG. Additionally, the opening bid and low estimate should prove conservative considering the famed rarity of this exciting offering. The complementary $100 note is also offered in today's sale, although with a skillfully crafted contemporary counterfeit as well. Not to be missed, as this denomination may not be seen again for a long, long time. HID08706262019 © 2023 Heritage Auctions | All Rights Reserved https://currency.ha.com/itm/world-currency/straits-settlements-government-of-the-straits-settlements-50-dollars-121901-pick-4a-knb8-pmg-very-fine-20/a/4044-24319.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4044-06202023 HID08706262019 © 2023 Heritage Auctions | All Rights Reserved
Estimate: 24000-36000 USD
Straits Settlements Government of the Straits Settlements 50 Dollars 1.2.1901 Pick 4A KNB8 PMG Very Fine 20. The Straits Settlements were an ever evolving and expanding group of British Colonies on and around the Malay Peninsula, as well as Labuan and perhaps Christmas Island. Beginning in 1840, private banks began issuing paper notes in Penang, Malacca, Dindings, and Singapore. The Government of the Straits Settlements took over issuance around the turn of the 20th century, with the first notes seen dated 1898. A plethora of denominations were issued over the next four decades, all of which are desirable today. This incredible and extremely rare $50 from 1901 is almost unknown in issued format, as it is only the second example ever graded by PMG. We have not offered this denomination in the past and it is missing from nearly all dedicated collections. All ink and details remain clear. Two notations on the back are mentioned for accuracy. In the opinion of the cataloger, the visual appeal is quite excellent for the technical grade assigned by PMG. Additionally, the opening bid and low estimate should prove conservative considering the famed rarity of this exciting offering. The complementary $100 note is also offered in today's sale, although with a skillfully crafted contemporary counterfeit as well. Not to be missed, as this denomination may not be seen again for a long, long time. HID08706262019 © 2023 Heritage Auctions | All Rights Reserved https://currency.ha.com/itm/world-currency/straits-settlements-government-of-the-straits-settlements-50-dollars-121901-pick-4a-knb8-pmg-very-fine-20/a/4044-24319.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4044-06202023 HID08706262019 © 2023 Heritage Auctions | All Rights Reserved
Estimate: 24000-36000 USD