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Sold between 12 October & 31 August 2023
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12 October 2023
North of Scotland Bank Limited, watermarked paper of the type used on all £5 notes from 1910 until 1934 (3), featuring George Keith, 5th Earl Marischal, paper with coloured fibres as per the issued notes, all glued into blue card frames with ink annotations, as produced (3 papers) PMS NS 27, 33, 39, 40 £120-£160
Hammer Price: £90
North of Scotland Bank Limited, watermarked papers of the type used the £1 of 1924 to 1935, and another as used on £5 notes from 1910 until 1934, featuring George Keith, 5th Earl Marischal, paper with coloured fibres as per the issued notes, both glued into blue card frames with ink annotations, as produced, this is the only £1 watermark of this type in the Portals archive (2 papers) PMS NS 27, 33, 37, 38, 39, 40 £120-£160
North of Scotland Bank Limited, watermarked papers of the type used the £1 of 1938-49, featuring Sir William Wallace, all glued into blue card frames with ink annotations, as produced, very rare (3 papers) PMS NS 43 £120-£160
National Bank of Scotland Limited, watermarked paper of the type used on all types of £1 from 1927 until 1959 (3), glued into cream paper or blue card frames with ink annotations, as produced, very rare (3 papers) PMS NA 43 £120-£160
Hammer Price: £130
National Bank of Scotland Limited, watermarked paper of the type used on all types of £1 from 1927 until 1959 (3), glued into thin black card frames with ink annotations, as produced, very rare (3 papers) PMS NA 43 £120-£160
Hammer Price: £100
National Bank of Scotland Limited, watermarked paper of the type used on all types of £1 from 1927 until 1959 (3), glued into blue card frames with ink annotations, as produced, very rare (3 papers) PMS NA 43 £120-£160
Hammer Price: £110
National Bank of Scotland Limited, watermarked paper of the type used on the £5, £20 and £100 of 1957, featuring Sir Alexander Henderson, glued into blue card frames with ink annotations, as produced, very rare, and indeed the only copy of this watermark in the Portals archive PMS NA 68 £80-£100
Hammer Price: £70
31 August 2023
Government of India, the original pencil design for the watermark of the Victoria portrait 10 Rupees of 1863, along with 22 early trials for the watermark itself on a variety of different paper stock, and a couple of slightly different designs, all housed in a number of paper folders, dated 1860, and with annotations explaining the contents, some of the papers are folded one or more times, many are exactly as produced, these are the earliest known paper trials for the first Government of...
Hammer Price: £13,000
Government of India, archival examples of watermarked paper from the 5, 10, 20 and 50 Rupees, Victoria Portrait, with three sheets of two notes for each denomination, as well as three sheets of non-denominated paper, all paper with large cancellation holes to prevent use by forgers, because this is the actual paper used to make the notes, all housed in a blue paper folder, some ragged edges and folds, in general all paper white and clean as the day it was produced over 150 years ago,...
Hammer Price: £19,000
Government of India, a printers design for 5 Rupees, Lahore or Calcutta, 20 January 18- (1871), serial number L/8 00000, six cancellation holes, ink and crayon annotations on face, and a note on reverse stating that this is the ‘1st approximate trial of position of printing’ with the date 1 June 1871, staple holes and a small tear, in PMG holder 50, about uncirculated, and while at first it may appear the same as the issued notes, this is actually very different in almost all respects,...
Government of India, printers design for 5 Rupees on watermarked paper, ND (1871), no signature or serial number, ink and pencil printers annotations, in PMG holder 63 EPQ, choice uncirculated, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later BNB B108p for similar, Pick A2pd, Razack 2A.1.1 £5,000-£7,000
Hammer Price: £3,000
Government of India, printers design for 5 Rupees, ND (1871), no signature or serial number, ink annotations, in PMG holder 63 EPQ, choice uncirculated, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later BNB B108p for similar, Pick A2pd, Razack 2A.1.1 £5,000-£7,000
£5,000–£7,000
Government of India, printers design for 5 Rupees, ND (1871), no signature or serial number, ink annotations, minor stains, in PMG holder 45, choice extremely fine, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later BNB B108p for similar, Pick A2pd, Razack 2A.1.1 £4,000-£5,000
Hammer Price: £2,600
Government of India, printers design for 5 Rupees on large format watermarked paper, ND (1871), no signature or serial number, crayon annotations, in PMG holder 45 EPQ, choice extremely fine, extremely rare and clearly an early design for the 5 Rupees of 1871, although in much larger format which was likely shrunk down later BNB B108p for similar, Pick A2pd, Razack 2A.1.1 £5,000-£7,000
Government of India, proof 5 Rupees on larger format un-watermarked paper, Allahabad or Calcutta, 20 January 1872, no signature or serial number, four cancellation holes, printers annotations in pencil and coloured crayon, and additonal design elements on the extra paper around the margins, in PMG holder 45, choice extremely fine, extremely rare BNB B108p for type, Pick A2p1, Razack 2A.1.1 £10,000-£15,000
Hammer Price: £8,000
Government of India, proof 5 Rupees on watermarked paper, Kurrachee or Bombay, 20 January 1871, no signature or serial number, four cancellation holes, ink, pencil and crayon printers annotations, in PMG holder 64, choice uncirculated, extremely rare BNB B108p for type, Pick A2p1, Razack 2A.1.1 £8,000-£10,000
Hammer Price: £6,000
Government of India, proof 5 Rupees, ND (1871), no signatures or serial numbers, four cancellation holes, with black printing elements present but lacking the green underprint, with several printers annotations in ink, pencil and crayon, stain and pinholes, in PMG holder 62, uncirculated, extremely rare BNB B108p for type, Pick A2p1, Razack 2A.1.1 £5,000-£7,000
Government of India, proof 5 Rupees, ND (1871), no signatures or serial numbers, four cancellation holes, with black printing elements present but lacking the green underprint, with several printers annotations in ink, pencil and crayon, stain and pinholes, in PMG holder 58, choice about uncirculated, extremely rare BNB B108p for type, Pick A2p1, Razack 2A.1.1 £5,000-£7,000
Government of India, proof 5 Rupees on larger format paper, ND (1871), no signatures or serial numbers, four cancellation holes, with black printing elements present but lacking the green underprint, with several printers annotations in ink, pencil and crayon, in PMG holder 63, choice uncirculated, extremely rare BNB B108p for type, Pick A2p1, Razack 2A.1.1 £5,000-£7,000
Government of India, two uncut pairs of watermarked papers as used on all denominations of 10 Rupees and above (up to 1000 Rupees), non-pictorial green printed issue until 1909, after which time each denomination was given unique paper, this paper dated fifth week of 1876, each with cancellation hole, paper exactly as produced, uncirculated and extremely rare (4 papers on 2 sheets) BNB B111-B128 for types, Pick A10-A19 £500-£700
Hammer Price: £750
Government of India, watermarked paper for 100 Rupees, paper dated 1925, annotated “100 Rupees, Government of India. 2nd Issue.”, glued into blue card frame, as produced, very rare BNB B123, Pick A17 £300-£400
Hammer Price: £800
Government of India, watermarked paper for 100 Rupees, paper dated 1925, annotated “100 Rupees, Govt of India Note. Hand Made.”, glued into cream paper frame, as produced, very rare BNB B123, Pick A17 £300-£400
Government of India, three sheets of watermarked paper for three different issues of 5 Rupee notes, the first in 1915 (8 notes on a sheet), the second a late printing of the non-pictorial type in 1924 (24 notes on a sheet) and the last the first printing of the first George V issue in 1924 (24 notes on a sheet), housed in paper folder with details of the contents, all as produced, with some folds in sheets, extremely rare and the only chance to acquire uncut sheets of original Indian paper...
Hammer Price: £3,800
Government of India, an uncut pair of watermarked hand made papers for 10 Rupees, non-pictorial red printed issue, paper dated 1923, in the final few years of this issue, paper exactly as produced, uncirculated and extremely rare (2 papers on 1 sheet) BNB B133, Pick A10 £300-£400
Hammer Price: £600
Government of India, proof watermarked machine made paper for 10 Rupees, non-pictorial red printed issue, paper undated, with envelope giving year as 12 November (probably) 1917, paper exactly as produced, about uncirculated and extremely rare BNB B133, Pick A10 £200-£260
Hammer Price: £700
Government of India, initial pen sketches on acetate (or equivalent substance) for the watermark for 1 Rupee, ND (1917), also an example of the actual watermarked paper, annotated with the text “1 Rupee, Government of India. 1st Issue.” also two other workings or designs for the rayed star image on paper, watermark glued into blue card frame, uncirculated, very rare, sketches in annotated envelope, good condition, unique (5 items not including envelopes) BNB B135, Pick 1, Razack 3.1 ...
Hammer Price: £2,200
Government of India, several sheets of watermarks for 1 Rupee, ND (1917), including one and a half sheets of the old watermark (star in box, 60 notes total), and one sheet of the new watermark (star without box, 40 notes total), enclosed in an annotated folder detailing the contents, each sheet folded several times, but in otherwise excellent condition, the only examples of this watermark in the Portals archives, so a chance to acquire the entire group (100 watermarked papers) BNB B135,...
Hammer Price: £11,000
Government of India, watermarked paper for 5 Rupees, ND (1925), annotated with the text “5 Rupees, Government of India (4th Issue)”, glued into blue card frame, uncirculated, very rare BNB B138, Pick 4, Razack 3.4B £200-£260
Government of India, watermarked paper for 5 Rupees (2), ND (1925), annotated in margins, glued into cream paper frames, uncirculated, very rare (2 papers) BNB B138, Pick 4, Razack 3.4B £360-£440
Government of India, a sheet of watermarks for the 10 Rupee of 1923, showing rayed star in box and George V cypher, annotated “10 R. Mould made. 1924”, folded several times, but generally extremely fine to uncirculated, the only watermarks of this type in the Portals archive (24 papers, 1 sheet) BNB B139, Pick 5, Razack 3.6 £400-£500
Hammer Price: £1,700
Government of India, a specimen trial “Kings Head” of George V, as used on the 10 Rupees of 1923, itself annotated, and also with an envelope with the following text “Specimen trial “Kings Head” as proposed by the Bank of England for adoption for the newly designed Currency Notes of the “Government of India”. Given to W.W.P for our Specimen Book Dec: 29. 1921.”, as produced, unique and quite special! BNB B139, Pick 5, Razack 3.6 £400-£500
Government of India, watermarked paper for 10 Rupees, ND (1925), annotated on paper “10 Rupees, Government of India (6th Issue)”, glued into blue card frame, uncirculated, very rare BNB B141, Pick 7, Razack 3.7 £200-£260
Government of India, watermarked paper for 10 Rupees (3), ND (1925), annotated on frames “10 Rupees, Government of India Note”, glued into cream paper frames, uncirculated, very rare (3 papers) BNB B141, Pick 7, Razack 3.7 £500-£700
Hammer Price: £2,000
Government of India, watermarked paper for 50 Rupees, ND (1930), annotated with the text “50 Rupees Government of India. 4th Issue.”, different from the paper used by Nasik and probably intended as a second print run, to be printed in England, as is the case with the 100 Rupees, glued into blue card frame, uncirculated, extremely rare BNB B143, Pick 9, Razack 3.9 £400-£500
Hammer Price: £1,900
Government of India, trial watermarks for the 50 Rupee of 1930, with the correct text but a different and expanded image of King George V, pencil annotations and paperclip marks, extremely rare (2 papers) BNB B143, Pick 9, Razack 3.9 for type £300-£400
Government of India, trial watermarks for the 100 Rupee of 1930, with the correct text but a different and expanded image of King George V, pencil annotations and minor foxing, extremely rare (2 papers) BNB B144, Pick 10, Razack 3.10 for type £300-£400
Hammer Price: £1,100
Government of India, watermarked paper for 100 Rupees, ND (1930), annotated with the text “100 Rupees, Government of India. 4th Issue.”, this is the paper used in the UK printed type of this note, glued into blue card frame, uncirculated, extremely rare BNB B144, Pick 10, Razack 3.10 £300-£400
Hammer Price: £950
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