Stack's Bowers & Ponterio
December 2014 Macau Auction 3-4 December 2014
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MACAU. Banco Nacional Ultramarino. 50 Patacas, 5.2.1944. P-25.
A rare series for these higher denomination notes which show with a terrific horizontal facial layout and vertically oriented back design. This piece is an appealing mid-grade example with problem free paper for the grade and a bold central guilloche in red. PMG has graded just four notes of this catalog number, this piece being the second finest behind a Choice Very Fine 35 example. PMG Very Fine 30.
Estimate: $3000.00- $5000.00
A rare series for these higher denomination notes which show with a terrific horizontal facial layout and vertically oriented back design. This piece is an appealing mid-grade example with problem free paper for the grade and a bold central guilloche in red. PMG has graded just four notes of this catalog number, this piece being the second finest behind a Choice Very Fine 35 example. PMG Very Fine 30.
Estimate: $3000.00- $5000.00