PMG-certified Notes and NGC-certified Coins Featured in September Sale
Posted on 8/26/2021
A fascinating selection of banknotes certified by Paper Money Guaranty® (PMG®) and coins certified by Numismatic Guaranty Corporation® (NGC®) from around the world are offered in A. Karamitsos’ upcoming auction. The currency sale is held in two parts (Part A and Part B) and will conclude on September 11-12, 2021.
Leading the sale is a rare Greece, Ionian Bank Limited 1884 10 New Drachmai graded PMG 15 Choice Fine (Part A, lot 6383). The front displays the flags of the United Kingdom and the United States of Ionian Islands, reflecting the period when, for nearly 50 years, the island nation was a protectorate of the British Empire. Bidding for this historical rarity starts at €23,000 (about $27,000 USD).
Other PMG-certified highlights in the sale include:
- a Greece / Ionian Islands ND (1941) 500 Drachmai graded PMG 63 Choice Uncirculated EPQ (Part A, lot 6613) with a starting price of €7,000 (about $8,200)
- a Greece / Ionian Islands ND (1941) 1,000 Drachmai graded PMG 64 Choice Uncirculated (Part A, lot 6615) with a starting price of €7,000 (about $8,200)
- a Greece, Provisional Administration 1822-24 500 Grossi graded PMG 53 About Uncirculated (Part A, 6340) with a starting price of €4,500 (about $5,300 USD)
- a Greece ND (1900-17) 100 Drachmai Front Color Trial Specimen graded PMG 63 Choice Uncirculated (Part A, lot 6389) with a starting price of €4,200 (about $5,000 USD)
- an Algeria 1942 5,000 Francs Color Trial Specimen graded PMG 64 Choice Uncirculated (Part B, lot 7152) with a starting price of €4,000 (about $4,700 USD)
- a Greece, Provisional Administration 1822-26 250 Grossi graded PMG 35 Choice Very Fine (Part A, lot 6339) with a starting price of €3,500 (about $4,100 USD)
- a Greece, Bank of Greece 1944 100 million Drachmai graded PMG 63 Choice Uncirculated (Part A, lot 6582) with a starting price of €3,000 (about $3,500 USD)
- a Kingdom of Greece, Ministry of Finance 1918 5 Drachmai graded PMG 53 About Uncirculated NET (Part A, lot 6540) with a starting price of €3,000 (about $3,500 USD)
- an Estonia ND (1921) 500 Marka graded PMG 20 Very Fine NET (Part B, lot 6983) with a starting price of €2,500 (about $2,900 USD)
- a Greece, Bank of Greece ND (1947) 20,000 Drachmai graded PMG 64 Choice Uncirculated EPQ (Part A, lot 6489) with a starting price of €2,500 (about $2,900 USD)
- a Greece, Provisional Administration 1826 5,000 Grossi graded PMG 20 Very Fine (Part A, lot 6341) with a starting price of €2,000 (about $2,300 USD)
- a Greece, Bank of Greece ND (1947) 10,000 Drachmai graded PMG 64 Choice Uncirculated (Part A, lot 6488) with a starting price of €1,800 (about $2,100 USD)
- a Greece, National Bank 1918-19 5 Drachmai graded PMG 30 Very Fine (Part A, lot 6347) with a starting price of €1,800 (about $2,100 USD)
- a Greece, Civilian Committee of National Liberation 1944 25 Okas graded PMG 63 Choice Uncirculated (Part A, lot 6589) with a starting price of €1,800 (about $2,100 USD)
- a Honduras, Banco de Honduras 1941 5 Lempiras graded PMG 50 About Uncirculated (Part B, lot 7311) with a starting price of €1,800 (about $2,100)
- a Greece, Bank of Greece 1926 (ND 1928) 1,000 Drachmai graded PMG 35 Choice Very Fine (Part A, lot 6395) with a starting price of €1,500 (about $1,800 USD)
- a Greece, National Bank 1921-22 1,000 Drachmai graded PMG 50 About Uncirculated (Part A, lot 6351) with a starting price of €1,500 (about $1,800 USD)
The sale also features a selection of vintage NGC-certified coins, including a rare Greece 1844 5 Lepta graded NGC MS 62 BN (Part A, lot 6057). This example was minted during the reign of King Otto, who ruled Greece from 1832 until he was deposed in 1862. The copper coin’s obverse bears a legend of Greek letters for Kingdom of Greece surrounding the royal coat of arms, with the denomination and wreath on the reverse. The starting price is €12,000 (about $14,000 USD).
Other NGC-certified highlights in the sale include:
- a Greece 1833A 5 Drachmas graded NGC MS 63 (Part A, lot 6048) with a starting price of €8,000 (about $9,400 USD)
- a Hungary 1638NB Taler graded NGC AU 50 (Part B, lot 6756) with a starting price of €3,800 (about $4,500 USD)
- a Cyprus 1966 Gold 5 Pounds Medallic Issue Archbishop Makarios Fund graded NGC PF 64 (Part A, lot 6299) with a starting price of €2,200 (about $2,600 USD)
- a Greece (1940) Restoration Silver 100 Drachmas graded NGC PF 65 (Part A, lot 6105) with a starting price of €1,900 (about $2,200 USD)
- a Greece 1833 5 Drachmas graded NGC MS 62 (Part A, lot 6047) with a starting price of €1,500 (about $1,700 USD)
- a 2004-W $50 Gold Eagle graded NGC PF 70 Ultra Cameo (Part B, 6918) with a starting price of €1,500 (about $1,700 USD)
- a Greece 1994 10,000 Drachmas graded NGC PF 68 Ultra Cameo (Part A, lot 6232) with a starting price of €1,400 (about $1,600 USD)
- a Greece 1847 Lepton graded NGC AU 58 BN (Part A, 6059) with a starting price of €1,400 (about $1,600 USD)
- a Crete 1901 50 Lepta graded NGC MS 61 (Part A, lot 6283) with a starting price of €1,400 (about $1,600 USD)
- a 2006-W Buffalo Gold $50 graded NGC PF 69 Ultra Cameo (Part B, 6919) with a starting price of €1,300 (about $1,500 USD)
All starting prices are provided by the auction house.
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