500 francs Martinique type 1927
The route of an emblematic banknote of the french colonies!
News by Aug. 19, 2019- on
On September 9, 2019, the Heritage Auctions auction house will offer in its sale "Long Beach Expo World Paper Money Signature Auction # 4015", a magnificent banknote of 500 francs Martinique type 1927 issued in 1945 (Ref: Pick # 14e, Kolsky # 315). The banknote is slabed "PMG About Uncirculated 53" and is priced at $ 7,500.00 for an estimate at $ 15,000.00 (Lot # 28494). This bill of the alphabet V.11 and numbered 202 has a small gap in the left corner at the top. The banknote is signed: Arnaud, Rosemain and Calvy is the fifth variant of signatures for the Type.
It must be recognized that the 500 francs Martinique type 1927 is part of the iconic notes of the collection for the former French colonies! It is currently listed only twenty copies in the numizon catalog. It is a very rare banknote ... but especially in beautiful condition! And this is the case of the banknote that interests us. For your information, the bill has already been proposed for sale in 2010. In October of this year, the London auction house Spink & Son auctioned the remarkable collection of Tom Warburton (Sale # 1031). In the photo Spink of the time, the lack in the upper left corner has not disappeared yet! We checked in the paper catalog on page 121. On October 3rd, 2010, the banknote is sold for £ 6,000.00 (without fees) but is not yet slabed (lot # 677).
For collectors who would be interested in acquiring this note, this is a second chance for you. And to establish your best price estimate for this lot, here is an indication of the conditions and prices for the 10 copies offered by the house of sale cgb.fr ... in 25 years:
Pictures of the banknote at Heritage Auctions:
Finally, for collectors with a really much more limited budget, a copy is currently on sale at € 750.00 in VG grade at antika.fr!
Since the publication of this article, the banknote has not sold. It is now offered at a price of $ 12,000.00 for immediate purchase on the Heritage Auctions website.