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A Serial Number 1 Angola. Image Courtesy of Heritage Auctions.

A Serial Number 1 Angola. Image Courtesy of Heritage Auctions.

The first day of the Netherlands auction started off with an amazing group of Angola notes, 29 high priced lots containing 5 number 1 notes. These Angola notes alone sold for about $100,000, a very smart investment. I was especially interested in the Canadian notes that included a blue $5 train note of 1912 graded at PMG 58 sold for $4,320, and a specimen of the same note brought $10,800 in PMG63. The Canadian Battleship note of 1913, HMS Bellerophon of the Royal Bank of Canada sold for $4560 in PMG 58. This ship fired 62 rounds at the Battle of Jutland in WWI. Most interesting to me were two remainder notes from the Hudson Bay company in 1820 for Rupert’s Land (Manitoba) a one pound and a five shilling note in Uncirculated 62 and 63 respectively brought $3120 and $2880. Sadly, I was the underbidder on those notes. All together the auction raised $2,941,242 a strong showing for world currency.

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