DIX NOONAN WEBB TO HOLD FIRST SALE DEVOTED TO IRISH BANKNOTES - Sale includes a selection of notes from the archive of the Allied Irish Bank being sold in aid of Charity -

A unique and fascinating collection of archive material from the Allied Irish Bank (formerly the First Trust Bank) will be offered for sale in the first auction devoted to Irish Banknotes at Dix Noonan Webb, the international coins, medals, banknotes and jewellery specialists, on Thursday, March 12, 2020 at 1pm at their auction rooms in central Mayfair - 16 Bolton St, London, W1J 8BQ. The proceeds from this sale of 120 lots will be spilt between Age Northern Ireland and the Alzheimer’s Society.

The rare and large collection of Proofs, Specimens and high grade issued notes from the Provincial Bank, Allied Irish Bank and First Trust Bank. The material has been split into three sections, each of which will be offered in a separate auction and includes many examples that haven’t been offered to the market before.

Adrian Moynihan, Head of AIB (NI) said: “With a long and proud history of supporting the Northern Ireland community, AIB is delighted to bring forward for auction its banknote archive in the hope and anticipation that it will raise significant money for two local charities.”

Thomasina Smith, Specialist at Dix Noonan Webb, commented: “We are very excited to offer this collection, which offers a great insight into the printing process and evolution of the Bank’s paper money before it ceased issuing in 2019.”

Among the notable items are four uncut sheets of 35 First Trust Bank £10 proofs from the 1994-96 issue which are estimated at £2,000-£2,600, while three uncut sheets of 24 First Trust Bank £100 dating from 1 March 1996 carry an estimate of £1,500-£2,000.




The sale also includes 200 lots of Irish Banknotes from various vendors, these include a rare and attractive high denomination Bank of Ireland £20, dating from 10 November 1915, which is expected to fetch £3,000-£3,600.

The sale will be preceded on March 11 by a sale of Irish Coins and Medals which includes an extremely rare Free State (1921-1937) Proof Florin dating from 1934. Only one other specimen is believed known and this example is estimated at £8,000-£10,000; while a very fine and extremely rare silver Proof Crown dating from 1690, and the reign of James II (1685-1691) carries an estimate of £6,000-£8,000.

NEXT SALE: AUCTION OF BRITISH, IRISH & WORLD BANKNOTES - JUNE 24, 2020
NEXT SALE: COINS, TOKENS AND HISTORICAL MEDALS –
WEDNESDAY 22 & THURSDAY 23 APRIL 2020

Public viewing is held two days before the sale between 10am – 5pm and free online bidding is available is www.dnw.co.uk.
For more information, please call 020 7016 1700

DNW are on Social Media
Instagram @dixnoonanwebb
Facebook: dixnoonanwebb
Twitter @dixnoonanwebb


NOTES TO EDITORS:
Dix Noonan Webb – a brief history
In 1991, its first year of trading, the company held three medal auctions and sold 1,200 lots for a total hammer price of £553,000. Two years later it opened a coin department which also auctions commemorative medals and tokens and in 2015 DNW added jewellery to its sales calendar. In 2018, it set up a standalone banknotes department and expanded into premises next door. In the same year, DNW achieved a total hammer price of £11,676,580 and the total number of lots across all departments was 20,273. To date the company has sold in excess of 300,000 lots totalling £155 million.

For further press information and images please contact:
Rachel Aked
Tel: 07790732448
Email: Rachel@rachelaked.co.uk

February 2020