Upcoming Maga Auction events – Spink & Sons

There are a couple of good auctions coming up in the first week on October 2012 at Spink & Sons.

Spink needs no introduction and around 3-4 month ago I wrote a small post about them, when I first received their catalogs. I have regularly been going through their catalogs to improve my understand of the auctions that have happened in the past and have realized that some times, some really rare items which I have never seen before are listed for auction. I would like to make a special mention for the hand sketches which sometime are auctioned, are real pieces of art.

The upcoming auctions are:

  • World Banknotes – 2 & 3 October 2012; and
  • The George Kanaan Collection of Banknotes of the Middle East – 4 October 2012.

There are some more auctioned coming up but they are more specific to the English Banknotes. Catalog came be downloaded from the Spink’s website.

Upcoming Maga Event – Paper Money Fair – Maastricht

The second yearly edition (Autumn / Fall – 2012) of Paper Money Fair – Maastricht is just around the corner. 5 days left and counting! The event will be on the last weekend of September 2012.

It would be a long drive yet again but I will surely try to reach early and find a free parking spot in the city 🙂

I believe it would be good to visit the event as it is one of the larger event in the region but somehow, I feel the dealers trying to make this hobby a profitable business and the hobby is loosing its innocence to profit-making.

South Asian Association for Regional Cooperation (SAARC) series coming soon!

For quite sometime, I have been trying to think of a focus area in the hobby, as one cannot possibly complete the banknotes of the whole world. I have finally decided to focus on SAARC countries and write about the beautiful banknotes of the South Asian Countries.

SAARC is an organisation of South Asian nations, which was established on 8 December 1985 when the government of Bangladesh , Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka formally adopted its charter providing for the promotion of economic and social progress, cultural development within the South Asia region and also for friendship and cooperation with other developing countries. It is dedicated to economic, technological, social, and cultural development emphasising collective self-reliance. Its seven founding members are Sri Lanka, Bhutan, India, Maldives, Nepal, Pakistan, and Bangladesh. Afghanistan joined the organization in 2007. It is headquartered in Kathmandu, Nepal.

I have already started contacting individuals in each of the member country of SAARC. This will also help create a small portal for the banknotes of the region. I will be focusing on the beauty and topics on the region as depicted on the various banknotes. I will start with the current sets and will go to the earlier issues in my later post in the series.


Costa Rica 5 Colones

Costa Rica is a country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west, and the Caribbean Sea to the east.

Costa Rica, which means “Rich Coast”.

Here is a 5 Colones added to my collection in June 2012 in Amsterdam, The Netherlands.

Front of the beautiful note has Rafael Yglesias Castro at left, flowers at right. Rafael Anselmo José Yglesias Castro served as President of Costa Rica for two consecutive periods from 1894 to 1902.

Back is a very colorful green on multicolored under-print with a National Theater scene. There is no watermark or security thread, however, the paper has colored threads. Printer is Thomas De La Rue mentioned at the back. This banknote is Pick # 236d and is dated 4 October 1989.

Lesotho 2 and 5 Maloti

Lesotho, officially the Kingdom of Lesotho, is a landlocked country and enclave, completely surrounded by its only neighboring country, the Republic of South Africa. It is just over 30,000 km2 (11,583 sq mi) in size with a population of approximately 2,067,000.

Its capital and largest city is Maseru. Lesotho is a member of the Commonwealth of Nations. The name Lesotho translates roughly into the land of the people who speak Sesotho.

The currency of Lesotho is loti (plural: maloti) and here is a set of banknotes I added to my collection in July, 2012 from a dealer on Ebay.

All the banknotes have King Moshoeshoe II on the front right and the front center has the coat of arms of the country.

Moshoeshoe II (May 2, 1938 – January 15, 1996), previously known as Constantine Bereng Seeiso, was the paramount chief of Lesotho, succeeding paramount chief Seeiso from 1960 until the country gained full independence from Britain in 1966. He was king of Lesotho from 1966 until his death in 1996.

Pick 4b and the back has a Basotho building and Lesotho flag at left. Watermark is a Basotho hat.

Pick 9a and the back has a Basotho building and Lesotho flag at left. Watermark is a Basotho hat.

Pick 10a and the back has a Waterfalls at center. Watermark is King Moshoeshoe II.

Sri Lanka 20 and 50 Rupees

Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, is an island country in the northern Indian Ocean off the southern coast of the Indian subcontinent in South Asia.

As a British colony, the island was known as Ceylon, and achieved independence under the name Dominion of Ceylon in 1948. It was until 1972 the country was known as Ceylon.

Here are two banknotes of the Island nation dated 2010. This is a new set issued by Sri Lanka and as usual a very interesting design. Front of the series has a bird and the back is a vertical depiction of cultural dancers and musicians.

The banknotes were added to my collection in July 2012 in Amsterdam, the Netherlands.

Russian Chervonets – set completed!

In continuation to my earlier about Russian Chervonets, I was able to complete my set on an auction at the Ebay during July 2012. These are Pick #s 203, 204 and 205.

Liberia 5, 10 & 20 Dollars

Liberia, officially the Republic of Liberia, is a country in West Africa. It is bordered by Sierra Leone on the west, Guinea on the north and Côte d’Ivoire on the east. Liberia’s coastline is composed of mostly mangrove forests while the more sparsely populated inland consists of forests that open to a plateau of drier grasslands. The country possesses 40% of the remaining Upper Guinean rainforest.

Pick # 26a dated 2009. Front has President Edward J. Roye and back has Woman harvesting rice.

Pick # 27b dated 2009. Front has President Joseph J. Roberts and back has Rubber tapper.

Pick # 28d dated 2009. Front has President William V. S. Tubman and back has Young men by the road with scooters.

The banknotes set was added to the collection through a purchase on EBay from a banknotes dealers from Germany in July 2012.

Bahamas – 1 Dollar

The Bahamas, officially the Commonwealth of The Bahamas, is a country consisting of more than 3,000 islands, cays, and islets. It is located in the Atlantic Ocean north of Cuba and Hispaniola (Dominican Republic and Haiti), northwest of the Turks and Caicos Islands, and southeast of the United States (nearest to the state of Florida). Its capital is Nassau.

The Bahamas became a Crown Colony in 1718 when the British clamped down on piracy. After the American War of Independence, thousands of American Loyalists and enslaved Africans moved to the Bahamas and set up a plantation economy. The slave trade was abolished in the British Empire in 1807 and many Africans liberated from slave ships by the Royal Navy were settled in the Bahamas during the 19th century. Slavery itself was abolished in 1834 and the descendants form the majority of the Bahamas’s population today.

This is a 1974 issue, Pick # 35 a, Front has a portrait of Queen Elizabeth II. Back has a colorful depiction of a coral reef or a sea garden. Watermark is a Shellfish. Printer at the back is Thomas De La Rue (TDLR). The banknote is signed by T. B. Donaldson.

The banknote was added to the collection through a purchase on EBay from a banknotes dealers from Germany in July 2012.

Bank of England – 5 Pound

Great Britain needs no introduction and has Pound as it currency. Pound is still the most expensive 100 unit currency in the world.

Here is a 5 Pound banknote issued by the Bank of England. This is a 2002 dated issue actually from 2004 signed by Andrew Bailey. Pick # 391 c in UNC grade acquired from an auction on the Ebay in the month of July 2012 and arrived from Germany by post to Amsterdam, the Netherlands.

Since 196o all the banknotes issued by Bank of England has Queen Elizabeth, the Second, on the front right. In 1952, Elizabeth Alexandra Mary of the House of Windsor succeeded her father, King George VI, to be the Queen of Great Britain. Queen Elizabeth, the Second, has undoubted been one of the only personality of the world who has appeared in banknotes of more than 30 nations (Commonwealth Nations and British Colonies), one of the most appeared personality on the banknotes of the world.

Back of the banknote is depicting Elizabeth Fry, showing her reading to prisoners in Newgate Prison.

Elizabeth (Betsy) Fry (21 May 1780 – 12 October 1845), née Gurney, was an English prison reformer, social reformer and, as a Quaker, a Christian philanthropist. She has sometimes been referred to as the “angel of prisons”. Fry was a major driving force behind new legislation to make the treatment of prisoners more humane, and she was supported in her efforts by the reigning monarch.

Newgate Prison was a prison in London, at the corner of Newgate Street and Old Bailey just inside the City of London.

It was originally located at the site of Newgate, a gate in the Roman London Wall. The gate/prison was rebuilt in the 12th century, and demolished in 1777.

The prison was extended and rebuilt many times, and remained in use for over 700 years, from 1188 to 1902.