PMG-graded Notes & NGC-graded Coins Excel at September A. Karamitsos Auction

Notes certified by Paper Money Guaranty® (PMG®) and coins certified by Numismatic Guaranty Corporation® (NGC®) highlighted the A. Karamitsos Auction held on September 7, 2019. Indeed, most of the significant notes and coins in the auction carried a PMG or NGC grade.

The top lot in the auction was a Bank of Greece 1878-83 10 Drachmai note, which realized €17,500 (about $19,000 USD). Graded PMG 12 Fine, this colorful note is black, blue and red with the Arms of King George I on the left, a portrait of Georgios Stavros at top center and Nereid at lower right.

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The next highest-realizing lot was a set of 12 Greece bronze medals, all NGC-certified and graded NGC MS 63 BN PL and higher, which sold for €12,000 (about $13,000 USD). All but three have the Prooflike designation.

Other PMG-graded highlights included:

• A National Bank of Greece 1889-93 10 Drachmai Specimen graded PMG 55 About Uncirculated that realized €10,000 (about $11,000 USD).
• A Bank of Greece 1944 100 Drachmai overprinted on (1941) 100 Drachmai graded PMG 63 Choice Uncirculated that realized €5,500 (about $6,000 USD).
• A Palestine Currency Board 1939 5 Pound note graded PMG 35 Choice Very Fine that realized €3,900 (about $4,000 USD).
• A Greece / Bulkes 50 Dinars graded PMG 30 Very Fine NET that realized €3,200 (about $3,500 USD).

NGC-graded highlights included:

• A Greece 1833 5 Drachmai graded NGC MS 64 PL that realized €9,000 (about $10,000 USD).
• A Greece 1828 5 Lepton graded NGC MS 62 BN that realized €5,500 (about $6,000 USD).
• A Greece 1842 5 Lepton graded NGC MS 63 BN that realized €4,500 (about $5,000 USD).
• A Greece 1830 10 Lepton graded NGC MS 62 BN that realized €4,000 (about $4,500 USD).
• A Greece 1839 Lepton graded NGC MS 64 BN that realized €3,500 (about $4,000 USD).
• A Great Britain 1823 2 Sovereign graded NGC MS 62 that realized €2,800 (about $3,000 USD).

For more information about PMG’s certification services, visit PMGnotes.de, and for more information about NGC’s certification services, visit NGCcoin.de. For more information about A. Karamitsos International Auctions, visit karamitsos.com.