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PMG-Certified Rare British Banknotes From Dauer Collection Offered in Spink
Spink auction. Bidding is already underway for the sale, scheduled for April 28, 2021.
The top lot is a
Great Britain, Bank of England 1934-43 £1,000 issued in
London graded PMG 50 About Uncirculated EPQ (lot 33). The note has an estimate of £30,000 to £32,000 (about $41,300 to $44,100 USD) and bidding had already reached £30,000 weeks before the sale.
White Notes like these were issued for over 200 years until their uniface design of black text on white paper was phased out in the mid-20th century. As a testament to the incredible rarity of the £1,000 denomination, only four examples from three series appear in the PMG Population Report, with this Dauer example being the highest graded.