PREVIEW: WORLD BANKNOTES: 30 NOVEMBER

It was the highest denomination ‘Titan’ note issued in Sweden for a period of nearly 50 years before becoming invalid.

When issued it was worth the equivalent of 4kg of gold and would have paid for the purchase of an average house in Sweden.

 

As one of the most valuable banknotes in the world, the 10,000 Kronor was printed in small quantities, with the first design, introduced in 1939, featuring the Head of Mercury in the watermark. It became invalid in 1987.

The second design, introduced in 1958 and featuring the head of King Gustav VI Adolf, It became invalid in 1991.

An uncirculated example of the earlier note, dating to 1939, is a highlight of this sale. With serial number H33883a, it has multiple discrete cancellation perforations and is the only example listed on the PMG population report.

“It is believed that only a single example of this note exists in private hands in uncancelled form, so this is likely the only way a collector will be able to acquire an example of this, possibly the rarest 20th-century Swedish banknote,” said Noonans’ Head of Banknotes, Andrew Pattison.

The estimate is £10,000-14,000.