Singapore Banknote Certified by PMG Stands Out in Mavin Auction
Posted on 8/15/2024
Hundreds of rare world banknotes certified by Paper Money Guaranty® (PMG®) and world coins certified by Numismatic Guaranty Company® (NGC®) are featured in an upcoming sale presented by Mavin International. Bids are currently being accepted for Auction 66, which will be held on September 14, 2024.
Featured in the auction is a Singapore, Board of Commissioners of Currency ND (1973) 10,000 Dollars graded PMG 50 About Uncirculated (lot 125), with an estimate of at least SGD 36,000 (about $27,000). The 1973 Singapore Board of Commissioners of Currency $10,000 banknote is the highest denomination ever issued by the country. This note is part of the Orchid series, which was Singapore's first currency series introduced after gaining independence. Singapore also issued $10,000 notes in subsequent series but stopped printing them a decade ago to reduce the opportunities for money launderers.
Other PMG-certified notes in this auction include:
- a Singapore, Board of Commissioners of Currency ND (1973) 10,000 Dollars graded PMG 45 Choice Extremely Fine (lot 124), with an estimate of at least SGD 32,000 (about $24,000)
- a Singapore, Board of Commissioners of Currency ND (1980) 10,000 Dollars graded PMG 58 Choice About Uncirculated (lot 142), with an estimate of at least SGD 17,000 (about $13,000)
- a Straits Settlements / British Administration 1925-29 10 Dollars graded PMG 20 Very Fine NET (lot 404), with an estimate of at least SGD 6,500 (about $5,000)
- a pair of two Singapore, Board of Commissioners of Currency ND (1973) 50 Dollars with Consecutive Serial Numbers, each graded PMG 66 Gem Uncirculated EPQ (lot 121), with an estimate of at least SGD 2,700 (about $2,000)
- a Malaya & British Borneo 1961 10 Dollars graded PMG 53 About Uncirculated (lot 390), with an estimate of at least SGD 1,600 (about $1,200)
- a Singapore ND (1992) 2 Dollars -Replacement, with Serial Number 1 graded PMG 67 Superb Gem Uncirculated EPQ (lot 154), with an estimate of at least SGD 1,100 (about $830)
- a Singapore ND (1992) 2 Dollars - Replacement, with Serial Number 8 graded PMG 68 Superb Gem Uncirculated EPQ (lot 161), with an estimate of at least SGD 1,100 (about $830)
- a group of two Singapore ND (1987) 1 Dollar - Replacement notes, each graded PMG 66 Gem Uncirculated EPQ (lot 146), with an estimate of at least SGD 1,000 (about $750)
Some of the NGC-certified coins in this auction include:
- a Penang 1810 Half Pice graded NGC MS 65 BN (lot 699), with an estimate of at least SGD 4,000 (about $3,000)
- a Malaysia 1976 Gold 500 Ringgit - Malayan Tapir from the Sinnathuray Collection graded NGC PF 69 Ultra Cameo (lot 561), with an estimate of at least SGD 3,600 (about $2,700)
- a Straits 1884 Quarter Cent from the Eric Low Collection graded NGC MS 65 RB (lot 741), with an estimate of at least SGD 1,900 (about $1,400)
- an East India Company (1820) Madras Presidency 5 Rupees graded NGC 61 (lot 684), with an estimate of at least SGD 1,600 (about $1,200)
- an East India Company 1803 Madras Presidency Gilt Cash graded NGC PF 62 (lot 683), with an estimate of at least SGD 1,100 (about $830)
- an East India Company 1845 Half Cent with WW from the Eric Low Collection graded NGC MS 63 RB (lot 740), with an estimate of at least SGD 1,100 (about $830)
- a Saudi Arabia AH1370 (1950) Guinea from the Sinnathuray Collection graded NGC MS 67 (lot 578), with an estimate of at least SGD 800 (about $600)
- a Great Britain 1968 Sovereign from the Sinnathuray Collection graded NGC MS 64 (lot 545), with an estimate of at least SGD 800 (about $600)
- a French Cochin China 1879A 20 Cents from the Sinnathuray Collection graded NGC MS 62 (lot 513), with an estimate of at least SGD 750 (about $570)
- a Penang 1787 VEIC Cent - Last 7 Inverted graded NGC XF 40 BN (lot 698), with an estimate of at least SGD 650 (about $490)
- a New Guinea 1929 Half Penny Copper-Nickel from the Sinnathuray Collection graded NGC PF 65 (lot 564), with an estimate of at least SGD 650 (about $490)
- a Straits 1903B Silver Dollar - Raised Mintmark graded NGC XF 40 (lot 754), with an estimate of at least SGD 520 (about $390)
- a French Cochin China 1879A 10 Cents from the Sinnathuray Collection graded NGC MS 61 (lot 511), with an estimate of at least SGD 340 (about $260)
- a Straits 1900 5 Cents from the Eric Low Collection graded NGC MS 65 (lot 744), with an estimate of at least SGD 110 (about $80)
Estimates are provided by the auction house. The $ symbol indicates US Dollars.
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