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REVIEW: BRITISH & IRISH BANKNOTES 27 JULY

The Bank of England, Kenneth O. Peppiatt, £500, which sold for £16,000. 

9 August 2023

HOW TO TURN £500 INTO £16,000 WITH THE HELP OF BIDDERS

Solid prices with some excellent highlight results in this auction underpin the ongoing attraction of English and Irish notes to collectors.

As expected, the top seller was the
Bank of England, Kenneth O. Peppiatt, £500, an extremely rare note, probably one of only two or three extant. Issued in London and dated 15 November 1935, apart from some minor staining and wear, it remains an original and attractive fine example. Bidders agreed and took it to a top-estimate £16,000.

 

Among the Irish notes, a Currency Commission, Ulster Bank, £10, dated 9 August 1939, and with the Brennan and Lester signatures, stood out as it doubled low estimate at £6,000.

Other highlights included a Bank of England, Thomas Rippon, London £5, dated 28 November 1835, at £5500; two Bank of England, Cyril P. Mahon, specimen notes, one for £50, dated 9 April 1925, which sold for £6,500, the other for £20 and the same date, which made £5,000.

A Bank of Ireland, £1 note, dated 29 October 1881, and with the Craig signature, was extremely scarce and took £3200.

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