A Specimen Proof of The National Bank of Egypt £10 banknote realized £49,200 (including buyer premium) in Largest World Banknotes Sale by Spink London on 15th until 17th April 2014. A World Record for most expensive Egyptian Banknote at auction. The banknote which already prepared in 26 May 1952 never been released into circulation because of the The Egyptian Revolution of 1952.
The auction attracted buyers from around the World to bid on over 2,200 lots of issued notes, colour trials, composite essays, die proofs and specimens.
The three day sale featured collections from a variety of countries; impressive results from Iraq and Libya with many of the notes selling above estimate.
Spink Specialist Barnaby Faull, commented "The banknote market is in robust health, particularly in the Middle and Far East."
Other noteworthy items of the collection included lot 1240, a1000 Norwegian kroner which sold for £31,200 and lot 1342, a 50 riyals from the Qatar and Dubai Currency Board, realising £14,400.
.jpg "specimen 1000 kroner Norges Bank")
Lot: 1240 (†) Norges Bank, specimen 1000 kroner, Trondhjem 18- (c.1877), no serial numbers, black on blue and orange underprint, Oscar II at top centre, single arms at low centre, three at laft and right, value at centre and each corner, reverse green, blue, brown and orange, head of King at left, arms at right, value at centre and each corner, perforated SPECIMEN B.W&Co LONDON (Pick 6s), about uncirculated, a large and extremely impressive note, attractive and extremely rare.
Realised Price; £31,200 (including buyer premium)
.jpg "1966 Qatar & Dubai Currency Board 50 riyals")
Lot: 1342 Qatar & Dubai Currency Board, 50 riyals, ND (1966), red on multicolour underprint, dhow, oil derrick and palm at left, value at each corner. (Linzmayer QDCB B5, Pick 5), fresh and original, good very fine, very scarce.
Realised Price; £14,400 (including buyer premium)
Malaysia 1 Ringgit Specimen in lot 1104 realized £336 (including buyer premium). The banknote signed by Tan Sri Dato' Sri Dr. Zeti Akhtar Aziz, Bank Negara Malaysia 7th governor with zero serial numbers, pale blue and multicoloured banknote have a red CONTOH overprint.
