the george kanaan collection of banknotes of the middle east

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THE GEORGE KANAAN COLLECTION OF BANKNOTES OF THE MIDDLE EAST 4 OCTOBER 2012 LONDON

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Page 1: The George Kanaan Collection of Banknotes of the Middle East

©Copyright2012

THEGEORGEKANAANCOLLECTIONOFBANKNOTESOFTHEMIDDLEEAST

4OCTOBER2012

LONDON

STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

69 Southampton Row, Bloomsbury, London WC1B 4ETwww.spink.com

THE GEORGE KANAAN COLLECTION OFBANKNOTES OF THE MIDDLE EAST

4OCTOBER 2012

LONDON

£25

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GROUP CHAIRMAN AND CEO

Olivier D. Stocker

YOUR SPECIALISTS

STAMPS

UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill GrangerPaul Mathews Dominic Savastano Tom Smith

USA - Chris Anderson George Eveleth Andrew Titley Ed Robinson Rick PenkoEUROPE - Guido Craveri Fernando Martínez

CHINA - Anna Lee Johnny SangCOINS

UK - Paul Dawson Julie-Morgane Lecoindre Richard Bishop William MacKayBarbara Mears John Pett

USA - Stephen Goldsmith Matthew Orsini Normand PepinCHINA - Mark Li

BANKNOTES, BONDS & SHARES

UK - Barnaby Faull Mike Veissid Andrew Pattison Tom BadleyUSA - Stephen Goldsmith Matthew Orsini

CHINA - Mark LiORDERS, DECORATIONS, MEDALS & MILITARIA

UK - Mark Quayle Oliver PepysBOOKS

UK - Philip SkingleyAUTOGRAPHS

USA - Stephen GoldsmithWINES

CHINA - Anna Lee

YOUR EUROPE TEAM (LONDON - LUGANO)

Chairman’s OfficeDennis Muriu Monica Kruber

DirectorsTim Hirsch Anthony Spink

Auction & Client Management TeamMiroslava Adusei-Poku Sandie Maylor Charles Blane Luca BorgoPhillipa Brown Rita Ariete María Martínez Maurizio Schenini

FinanceAlison Bennet Marco Fiori Mina Bhagat Alison Kinnaird Shyam Padhiar Billy Tumelty

IT & AdministrationBerdia Qamarauli Attila Gyanyi Liz Cones Curlene Spencer John Winchcombe

Bobby McBrierty Tom Robinson Cristina Dugoni Giacomo Canzi

YOUR AMERICA TEAM (NEW YORK - DALLAS)

Chairman EmeritusJohn Herzog

Auction Administration and Marketing & DesignRick Penko Patricia Gardner James McGuire Emily Cowin Clyde Townsend

Finance & AdministrationSam Qureshi Ingrid Qureshi Ed Robinson

AuctioneersStephen Goldsmith Tracy Shreve Andrew Titley

YOUR ASIA TEAM (HONG KONG - SINGAPORE)

Vice ChairmanAnna Lee

AdministrationAmy Yung Dennis Chan Newton Tsang Raymond Tat Gary Tan

BANKNOTES

26 September Charity Auction of Bank of England Notes London 120372/3 October World Banknotes London 120234 October The George Kanaan Collection of Banknotes of the Middle East London 120479 October The David Kirch Collection of English Provincial Banknotes - Part I London 1203510 October The David Kirch Collection of Bank of England Notes - Part I London 1203427 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 3156 December World Banknotes London 1202412 January Banknotes of Hong Kong and China Hong Kong 1300515/16 January The Collector’s Series Sale New York 316

SALE CALENDAR 2012/2013

The above sale dates are subject to change

Spink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

STAMPS

12 September The Chartwell Collection - GB King Edward VIII, King George VI and Queen Elizabeth II London 1201713 September The Gavin Littaur Collection of British Postal History. Selected rare covers from the period 1840-53 London 1204522 September Fine Stamps and Covers of South East Asia Singapore 1201911 October Great Britain Stamps Specialised Sale London 1201823 October Victoria Half Lengths - The John Barwis Collection London 1204223 October The “Fordwater” Collections of Falkland Islands, Gibraltar and Malta London 1203923 October Latin America, including the Tito Collection - Part II Lugano SW100324 October Queensland - The Alan Griffiths Collection London 1204324 October The Collector’s Series Sale Lugano SW100427 October The Collector’s Series Sale Hong Kong 120487 November The Collector’s Series Sale London 120208/9 November The Collector’s Series Sale New York13/14 November The Morgan Collection of Australian Commonwealth London 1204612 December The Chartwell Collection - GB Line-Engraved Essays, Proofs, Stamps and Covers - Part IV London 1202113 January The Mizuhara Collection of Korean Stamps Hong Kong 1300813 January Fine Stamps and Covers of Hong Kong and China Hong Kong 13009

COINS

26 September Ancient, British & Foreign Coins and Commemorative Medals London 1202627 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 3154 December Ancient, English & Foreign Coins and Commemorative Medals London 1202712 January Fine Coins of Hong Kong and China Hong Kong 1300715/16 January The Collector’s Series Sale New York 316

MEDALS

6 September The Bentley Priory Battle of Britain Trust Appeal Charity Auction London 1204422 November Orders, Decorations, Campaign Medals & Militaria London 1200425 April Orders, Decorations, Campaign Medals & Militaria London 1300125 July Orders, Decorations, Campaign Medals & Militaria London 1300221 November Orders, Decorations, Campaign Medals & Militaria London 13003

BONDS AND SHARES

27 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 31528 November Bonds and Share Certificates of the World London 1201112 January Bonds and Share Certificates of Hong Kong and China Hong Kong 1300615/16 January The Collector’s Series Sale New York 316

AUTOGRAPHS

13/14 November The Collector’s Series Sale New York 31515/16 January The Collector’s Series Sale New York 316

WINES

September An Evening of Exceptional Wines Hong KongNovember An Evening of Exceptional Wines Hong Kong

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THE GEORGE KANAAN COLLECTION OFBANKNOTES OF THE MIDDLE EAST

4 october 2012 in london and on

The Spink Environment Commitment:Paper from Sustainable Forests and Clean Inkfor centuries spink and its employees have been preserving and curating collectable items.We now wish to play a modest role in preserving our planet, as well as the heritage of collectables, so futuregenerations may enjoy both.

We insist that our printers source all paper used in the production of spink catalogues from fsC registeredsuppliers (for further information on the FSC standard please visit fsc.org) and use non hazardous inks. We havefurther requested that they become accredited with the environmental standard ISO 14001.

spink recycle all ecological material used on our premises and we would encourage you to recycle yourcatalogue once you have finished with it.

front Cover illustrations: back Cover illustration:

SALE LOCATION

spinK london

69 southampton row, bloomsbury

london WC1b 4et

tel +44 (0)20 7563 4000 fax +44 (0)20 7563 4066

vat no: gb 791627108

SALE DETAILS

thursday 4 october 2012 at 2.00 p.m.

in sending commission bids or making enquiries,

this sale should be referred to as CEDAR - 12047

VIEWING OF LOTS

spinK london

69 southampton row, bloomsbury

london WC1b 4et

friday 28 september 2012 10.00 a.m. - 5.00 p.m.

monday 1 october 2012 10.00 a.m. - 5.00 p.m.

tuesday 2 october 2012 10.00 a.m. - 5.00 p.m.

spink is pleased to continue to offer spink live, the internet bidding servicewhich has revolutionized the way in which our clients bid at auction. to getstarted, feel free to contact us today for personal assistance. attila gyanyi isavailable by e-mail: [email protected] or tel: +44 (0)20 7563 4090.

use this qr code to visit our online catalogue and leave proxy bids onspink live.you can download the qr Code reader for iphone, blackberry andandroid from app store on your smartphone

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for more information about spink services, forthcoming

sales and sales results visit the spink Website

www.spink.com

YOUR SPINK TEAM FOR THIS SALE

for your questions about the sale lots

Barnaby [email protected]+44 (0)20 7563 4031

Andrew [email protected]+44 (0)20 7563 4044

Tom [email protected]+44 (0)20 7563 4084

Miroslava [email protected]+44 (0)20 7563 4020fax +44 (0)20 7563 4037

for your bids

Attila [email protected]+44 (0)20 7563 4090

for your internet bidding

Shyam [email protected]+44 (0)20 7563 4018

for your payment

John [email protected]

+44 (0)20 7563 4101

for your vat enquiries

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BAHRAIN 1-9

IRAQ 10-105

ISRAEL 106-125

JORDAN 126-165

KUWAIT 166-195

MUSCAT AND OMAN 196-214

PALESTINE 215-229

QATAR 230-245

QATAR AND DUBAI 246-251

SAUDI ARABIA 252-303

TURKEY 304-366

UNITED ARAB EMIRATES 367-393

YEMEN 394-419

ORDER OF SALE

not able to attend the sale in person?spink have invested a great deal of energy in developing what we consider to be

one of the best online bidding platforms currently available

When you log on to spink live you can immediately watch and listen to the auctioneeras he calls the bids while using the online platform to place your own bids

in real time. you never have to miss a bid again!

We now also offer spink live for our auctions in new york, hong Kong,singapore, lugano and dallas.

for more information on bidding using spink live visitWWW.spinK.Com

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october 4, 2012 - london

Fellow collectors,

My proclivity for collecting banknotes lies atthe intersection of my professional life as abanker and my deep interest in History. Myfocus on the Arab World originates from mybeing a Lebanese who has a deep affectionfor the Arab World and its people.

I started more than 30 years ago when itseemed to me that this was a domain notshared by many. Since then the world ofbanknote collecting has grown and interestin this hobby expanded beyond anythingthat we could have foreseen during thoseearly days. I will continue as a banknotecollector. Unfortunately, covering such awide area as the Arab World at the depththat I would like is untenable, thus the needarose to focus on parts of it where I canachieve my objectives of completeness andquality.

The banknote is a link to our past and thehobby of collecting banknotes makes of thenote an artistic and historical document, stripping it of its material significance. After all, not toomany issuers would pay you the face value of a defunct note.

The historical value takes on added fascination in the Arab World, given its turbulent and tragichistory. Borders change, countries come and go, regimes fall, and the symbols and the languagechange with them. Looking in series at banknotes issues, gives the viewer a feeling of the changesthat have taken place over the past century. You cannot get that feeling any other way.

Collectors who will participate in the sale are mostly friends and I do hope that some of theextraordinarily rare notes will end up at homes that I will be visiting. One does not like to see hischildren go far afield, and that will be at least some solace.

This is a feeling that my fellow collectors will fully understand for as they all know there is a storyand a friend behind each note, stories and friends that are spread all across our Arab world.

Good Luck.

FOREWORD

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Lot 249

Lot 229

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I have known George for over two decades and he has become both a very enthusiastic collectorand a friend; a perfect synergy. At least that was the case until he reminded me that I was theperson who sold him, many years ago, the Qatar and Dubai set seen in this auction, and that theprice I charged him was in hindsight a little low (although he probably complained at the time!).I have wanted to handle the collection for years and I am delighted that George has finallyconsented to selling part of it here. He will continue to collect North Africa, Lebanon and Syria,proving that the collecting gene will not be thwarted completely! In this sale you will see beautifulsections of Iraq, Jordan, the Gulf States, Saudi Arabia, Palestine and many others, all acquired withan eye to quality. The banknotes of the Middle East have undergone a renaissance over the lastfew years with established Western interest joined by very knowledgeable local collectors who havedeservedly transformed the market. This is Spink’s first dedicated auction for banknotes of theMiddle East and I know George would concur with me in wishing everyone the very best of luck.

Thank you, Barnaby.

FOREWORD

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1Bahrain, Currency Board, 100 fils, 1⁄4 dinar, 1⁄2 dinarand 1 dinar, law of 1964, all with dhow at left andArms at right (Pick 1a-4a), extremely fine touncirculated (4)

£80-120

2Bahrain, Currency Board, 5 dinars, law of 1964,serial number 456665, blue, dhow at left, Arms atright, reverse blue, two pearling dhows (Pick 5a), crispgood extremely fine to about uncirculated, scarce

£200-250

3Bahrain, Currency Board, 10 dinars, law of 1964,serial number 147574, green, dhow at left, Arms atright, reverse green, aerial view of town of Isa (Pick6a), crisp good extremely fine

£100-150

4Bahrain, Currency Board, specimen, 10 dinars, lawof 1964, serial number 000000, green, dhow at left,Arms at right, reverse green, aerial view of town of Isa(Pick 6a), perforated, red SPECIMEN overprint andDe la Rue seals, about uncirculated to uncirculated,scarce

£400-500

THURSDAY 4 OCTOBER 2012

Commencing at 2.00 p.m.

All Sales are subject to the Terms and Conditions for Buyers printed at the back of this catalogue.

EstimatesThe estimated selling price of each lot is printed below the lot description and does not include the Buyer’s Premium.

Bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.They are subject to revision.

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BAHRAIN CURRENCY BOARD

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6Bahrain, Monetary Agency, specimen 10 dinars, lawof 1973, serial number 000000, green andmulticoloured, map and wind tower at left, Arms atright, reverse, dry dock (Pick 9s), perforated, redSPECIMEN overprint and De la Rue seals, mountingtraces, about uncirculated, scarce

£500-600

7Bahrain, Monetary Agency, specimen 20 dinars, lawof 1973, serial number 000000, red-brown andmulticoloured, map and minaret of al-Fadhel mosqueat left, Arms at right, reverse, Government House(Pick 10s), perforated, red SPECIMEN overprint andDe la Rue seals, good extremely fine to aboutuncirculated, scarce

£500-600

BAHRAIN MONETARY AGENCY

5Bahrain, Monetary Agency, 1⁄2 dinar, law of 1973,brown, map and Bulls Head at left, Arms at right,reverse smelting works, 1 dinar, red, map and minaretof Manama mosque at left, Arms at right, reverse,Monetary Agency headquarters, 5 dinars, blue, mapand minaret of Suq-al-Khamis mosque at left, Arms atright, reverse, pearling dhows, 10 dinars, green, mapand wind tower at left, Arms at right, reverse, drydock, 20 dinars, red-brown, map and minaret of al-Fadhei mosque at left, Arms at right, reverse,Government House (Pick 7, 8, 8A, 9a, 11a),uncirculated (5)

£250-300

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10Iraq Government Issue, a proof vignette of KingFaisal I (1921-1933), black and white, portrait of KingFaisal I at centre with text ‘H.M.King Faisal’ I below,good extremely fine and rare

£200-300

11Iraq Government Issue, King Faisal I, 1 dinar,1 July 1931, serial number A 157538, blue andmulticoloured, King Faisal I at right, reverse blue andwhite (Pick 3a), a fresh extremely fine and rare in thisgrade

£1,200-1,600

8Bahrain, Monetary Agency, specimen 5 dinars, lawof 1973, serial number 000000, blue andmulticoloured, Arms at centre, Riffa Fortress at right,reverse, Bahrain International Airport (Pick 14), plus1⁄2 dinar (2), 1 dinar (2) and 20 dinars, 2nd printing,ND (1993-1998) (Pick 13, 16b, 18b, 19b), specimenperforated, good extremely fine, balance uncirculated(6)

£350-400

9Bahrain, Monetary Agency, Collector Series,specimen set, 100 fils-20 dinars, all serial number006703 (Pick CS1), uncirculated (6)

£150-200

IRAQ GOVERNMENT ISSUE

King Faisal I

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12Iraq Government Issue, King Faisal I, colour trial5 dinars, 1 July 1931, no serial numbers, purple, pink-brownand multicoloured, Faisal I at right, reverse purple and white(Pick 4ct), perforated, red Bradbury Wilkinson seal at centre,extremely fine, attractive and rare

£4,000-4,500

13Iraq Government Issue, King Faisal I, specimen 10dinars, 1 July 1931, no serial numbers, violet andmulticoloured, Faisal I at right, reverse violet and white(Pick 5s), perforated, circular red Bradbury Wilkinson seal atcentre, good extremely fine and very rare

£8,000-10,000

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King Ghazi

14Iraq Government Issue, King Ghazi, specimen1⁄4 dinar, law of 1931 (1935), serial numbersC200001-D200000, green and multicoloured, KingGhazi at right, reverse green and white (Pick 7s), inkdate ‘30.10.36’ in top margin, perforated, goodextremely fine and rare

£1,400-1,800

15Government Issue, King Ghazi, specimen 1⁄4 dinar,law of 1931 (1935), green and multicoloured, Ghaziat right, reverse green and white (Pick 7s), perforated,red Bradbury Wilkinson seal at centre, uncirculatedand rare

£1,400-1,800

16Iraq Government Issue, King Ghazi, 1⁄4 dinar, law of1931 (1935), serial number G 416671, green andmulticoloured, Ghazi at right, reverse green and white(Pick 7), about uncirculated thus rare

£1,500-1,800

17Iraq Government Issue, King Ghazi, specimen1⁄2 dinar, law of 1931 (1935), serial number C400001-C900000, brown and multicoloured, Ghazi at right,reverse brown and white (Pick 8s), ink date ‘28.3.40’in top margin, perforated ‘CANCELLED’, almostextremely fine and rare

£1,200-1,400

18Iraq Government Issue, King Ghazi, 1⁄2 dinar, law of1931 (1935), serial number C175579, brown andmulticoloured, Ghazi at right, reverse brown andwhite, Amery and Al-Askari signatures, a rarecombination (Pick 8), creased but fresh and original,good very fine, scarce in this grade

£600-700

19Iraq Government Issue, King Ghazi, 1 dinar, law of1931 (1935), serial number J392237, blue andmulticoloured, Ghazi at right, reverse blue and white(Pick 9), top margin a little untidy, good fine, scarce

£200-250

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21Iraq Government Issue, King Ghazi, 100 dinars, law of1931 (1935), serial number A009082, blue and pale greenand lilac, Ghazi at right, reverse blue and white (Pick 12), apleasing and original very fine, unusually no graffiti. Veryrare and desirable

£12,000-15,000

20Iraq Government Issue, King Ghazi, 10 dinars, law of1931 (1935), serial number A160083, violet andmulticoloured, Ghazi at right, reverse violet and white (Pick11), fresh and original, almost uncirculated thus rare, mostattractive

£4,000-5,000

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23Iraq Government Issue, King Faisal II, specimen1⁄4 dinar, law of 1931 (1942), serial number R360001-T360000 green and multicoloured, Faisal II as a childat right, reverse green and white (Pick 16s), ink date‘12.3.47’ in top margin, perforated SPECIMEN, goodextremely fine and rare

£750-1,000

24Iraq Government Issue, King Faisal II, 1⁄4 dinar, lawof 1931 (1942), serial number Q260637, green andlilac, Faisal II as a child at right, reverse green andwhite (Pick 16), good very fine, scarce

£150-200

25Iraq Government Issue, King Faisal II, 1⁄2 dinar, lawof 1931 (1942), serial number E064000, brown andmulticoloured, Faisal II as a child at right, reversebrown and white (Pick 17), good very fine, fresh andoriginal, attractive, scarce

£500-700

26Iraq Government Issue, King Faisal II, 1⁄2 dinar, lawof 1931 (1942), serial number E402259, brown andmulticoloured, Faisal II as a child at right, reversebrown and white (Pick 17), almost very fine, scarce

£200-300

King Faisal II

22Iraq Government Issue, King Faisal II, 1⁄4 dinar, law of1931 (1941), serial number E/1 849385, green and blue,Faisal II as a child at right, reverse green and lilac (Pick 13),an emergency issue printed in India, good very fine, all Indiaprintings scarce especially in good condition

£800-1,000

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28Iraq Government Issue, King Faisal II, 1 dinar, lawof 1931 (1942), serial number S 577566, blue andmulticoloured, Faisal II as a child at right, reverse blueand white (Pick 18), an original good very fine, scarcein this grade

£300-400

29Iraq Government Issue, King Faisal II, specimen5 dinars, law of 1931 (1942), serial number B515001-D 115000, purple and pale pink-brown,Faisal II as a child at right, reverse purple and white(Pick 19s), ink date ‘9.5.44’ in top margin, perforatedSPECIMEN, good extremely fine and rare

£1,400-1,800

30Iraq Government Issue, King Faisal II, 5 dinars, lawof 1931 (1942), serial number B 102740, purple andpink-brown, Faisal II as a child at right, reverse purpleand white (Pick 19), some graffiti, about fine andscarce

£250-300

31Iraq Government Issue, King Faisal II, 10 dinars,law of 1931 (1942), serial number A 237148, violetand multicoloured, Faisal II as a child at right, reverseviolet and white (Pick 20), a pleasing good very fine, nograffiti, attractive and rare

£1,800-2,200

27Iraq Government Issue, King Faisal II, 1 dinar, law of1931 (1941), serial number E/2 922752, blue andmuticoloured, Faisal II as a child at right, reverse blue andlilac (Pick 15), India printing, a fresh and solid original goodvery fine, rare thus

£800-900

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32Iraq Government Issue, King Faisal II, specimen 100dinars, law of 1931 (1942), serial number A 065251-A072750, blue and multicoloured, Faisal II as a child at right,reverse blue and white (Pick 21s), ink date ‘18.2.44’ in topmargin, perforated SPECIMEN, creased at centre otherwise afresh and bright extremely fine, attractive and very rare

£8,000-10,000

33Iraq Government Issue, King Faisal II, 100 dinars, law of1931 (1942), serial number A 031735, blue andmulticoloured, Faisal II as a child at right, reverse blue andwhite (Pick 21), slight graffiti on reverse, very fine and veryrare in this grade, a handsome note

£12,000-14,000

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34Iraq Government Issue,King Faisal II, specimen1⁄4 dinar, law of 1931 (1942),no serial numbers, green andmulticoloured, Faisal II as achild at right, reverse greenand white (Pick 16s),perforated CANCELLED, redArabic overprint at centre,uncirculated and rare

£1,000-1,200

35Iraq Government Issue,King Faisal II, specimen1⁄2 dinar, law of 1931 (1942),no serial numbers, purple-brown and multicoloured,Faisal II as a child at right,reverse brown and white(Pick 17s), perforated,red Arabic overprint,uncirculated and rare

£1,400-1,800

36Iraq Government Issue,King Faisal II, specimen1 dinar, law of 1931 (1942),no serial numbers, blue andmulticoloured, Faisal II as achild at right, reverse blueand white (Pick 18s),perforated, red Arabicoverprint, uncirculated andrare

£2,000-2,500

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37Iraq Government Issue, King Faisal II, specimen5 dinars, law of 1931 (1942), no serial numbers, purple andpink-brown, Faisal II at right, reverse purple and white (Pick19s), red Arabic overprint, perforated CANCELLED, minorcreasing otherwise uncirculated and rare

£1,800-2,400

38Iraq Government Issue, King Faisal II, specimen10 dinars, law of 1931 (1942), no serial numbers, violet andmulticoloured, Faisal II as a child at right, reverse violet andwhite (Pick 20s), red Arabic overprint, perforatedCANCELLED, uncirculated and very rare

£4,000-6,000

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40Iraq Government Issue, King Faisal II, 1⁄4 dinar, law of1931 (1945), serial number W 262413, green andmulticoloured, Faisal II as a youth at right, reverse green andwhite (Pick 22), fine, scarce

£100-120

39Iraq Government Issue, King Faisal II, specimen 100dinars, law of 1931 (1942), no serial numbers, blue, palegreen and multicoloured, Faisal II as a child at right, reverseblue and white (Pick 21s), red Arabic overprint at centre,perforated CANCELLED, slight creasing otherwise fresh andoriginal, almost uncirculated and extremely rare

£10,000-12,000

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NATIONAL BANK OF IRAQ

King Faisal II

41National Bank of Iraq, King Faisal II, a presentation book in blue leather with Bank title in gold on face and containingspecimen 1⁄4 dinar, blue-green, 1⁄2 dinar, brown, 1 dinar, blue, 5 dinars, red and 10 dinars, violet, all law of 1947 (1951),no serial numbers, all King Faisal II as a young man at right (Pick 27s-31s), all perforated, all red Arabic overprint on face,red SPECIMEN overprint on reverse, all notes are mounted in card within the album, a beautiful presentation and extremelyrare

£5,000-7,000

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42National Bank of Iraq, King Faisal II, colour trial1⁄4 dinar, law of 1947 (1950), serial number A 000000,brown and multicoloured, Faisal II as a young man atright, reverse brown and white (Pick 27ct), perforated,pinholes top left otherwise good extremely fine and veryrare

£800-1,000

43National Bank of Iraq, King Faisal II, specimen1⁄4 dinar, law of 1947 (1950), serial number A 000001-H 1000000, dark green and multicoloured, Faisal II asa young man at right, reverse dark green and white(Pick 27), ink date in top margin ‘15.11.49’, perforatedSPECIMEN, good extremely fine and rare

£500-600

44National Bank of Iraq, King Faisal II, 1⁄4 dinar, lawof 1947 (1950), serial number C 772455, dark greenand multicoloured, Faisal II as a young man at right,reverse dark green and white (Pick 27), a fresh goodextremely fine, scarce

£200-250

45National Bank of Iraq, King Faisal II, specimen1⁄2 dinar, law of 1947 (1950), serial number A 000001-D 1000000, brown and multicoloured, Faisal II as ayoung man at right, reverse brown and white (Pick28s), ink date in top margin ‘15.11.49’, perforatedSPECIMEN, good extremely fine and rare

£500-600

46National Bank of Iraq, King Faisal II, specimen1 dinar, law of 1947 (1950), serial number A 000001-V 1000000, blue and multicoloured, Faisal II as ayoung man at right, reverse blue and white (Pick 29s),ink date in top margin ‘15.11.49’, perforatedSPECIMEN, about extremely fine and rare

£500-600

47National Bank of Iraq, King Faisal II, colour trial1 dinar, law of 1947 (1950), serial number A 000000,red-pink and multicoloured, Faisal II as a young manat right, reverse red-pink and white (Pick 29ct),perforated, small black SPECIMEN overprint, pinholestop left otherwise extremely fine and rare

£700-900

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48National Bank of Iraq, King Faisal II, 1 dinar, lawof 1947 (1950), serial number K 042945, blue andmulticoloured, Faisal II as a young man at right,reverse blue and white (Pick 29), very fine and scarce

£100-150

49National Bank of Iraq, King Faisal II, a ‘separateobverse and reverse die proof ’ 5 dinars, law of1947 (1950), no serial numbers, red-brown andmulticoloured, Faisal II as a young man at right,reverse red-brown and white (Pick 30s), annotations,trimmed, good very fine and very rare (2)

£600-800

50National Bank of Iraq, King Faisal II, specimen5 dinars, law of 1947 (1950), serial numberA 000001-D 200000, red and multicoloured, Faisal IIas a young man at right, reverse red and white(Pick 30s), ink date in top margin ‘15.11.49’, inkannotation in top margin on reverse, perforatedSPECIMEN, slightly scuffed on reverse, extremely fineand rare

£600-800

51National Bank of Iraq, King Faisal II, 5 dinars, lawof 1947 (1950), serial number B 187375, red andmulticoloured, Faisal II as a young man at right,reverse red and white (Pick 30), about extremely fineand scarce

£300-350

52National Bank of Iraq, King Faisal II, a ‘separateobverse and reverse die proof ’ 10 dinars, law of 1947(1950), no serial numbers, violet and multicoloured,Faisal II as a young man at right, reverse violet andwhite, winged bull (Pick 31pr), annotations, trimmed,good very fine and very rare (2)

£600-800

53National Bank of Iraq, King Faisal II, colour trial10 dinars, law of 1947 (1950), serial number A000000, green and multicoloured, Faisal II as a youngman at right, reverse green and white (Pick 31s),perforated, about extremely fine and rare

£800-1,000

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54National Bank of Iraq, King Faisal II, specimen1⁄2 dinar, law of 1947 (1950), serial numbers E000001-G 1000000, brown and multicoloured, FaisalII as a young man at right, reverse brown and white(Pick 33s), ink annotation in top margin, perforatedSPECIMEN, extremely fine, rare

£250-300

55National Bank of Iraq, King Faisal II, 1⁄2 dinar (2),law of 1947 (1950), serial number prefixes E and Frespectively, brown and multicoloured, Faisal II as ayoung man at right, reverse brown and white (Pick33), very fine (2)

£100-150

56National Bank of Iraq, King Faisal II, specimen1 dinar, law of 1947 (1950), serial numbers W000001-F/1 1000000, blue and multicoloured, FaisalII as a young man at right, reverse blue and white(Pick 34s), ink annotation in top margin, perforatedSPECIMEN, small spot low right margin, almostextremely fine, rare

£500-700

57National Bank of Iraq, King Faisal II, 1 dinar, lawof 1947 (1950), serial number W 277291, blue andmulticoloured, Faisal II as a young man at right,reverse blue and white (Pick 34), almost very fine

£120-160

58National Bank of Iraq, King Faisal II, 10 dinars,law of 1947 (1950), serial number B 649022, violetand multicoloured, Faisal II as a young man at right,reverse violet and white (Pick 36), damage at centrecrease otherwise VG to fine, scarce

£150-200

59National Bank of Iraq, King Faisal II, specimen1⁄4 dinar, law of 1947 (1950), serial number C/1000001-J/1 1000000, blue-green and multicoloured,Faisal II as a young man at right, reverse blue-greenand white, date palm trees (Pick 37s), ink date‘5/4/56’ in top margin, perforated SPECIMEN,mounting traces on reverse, extremely fine, rare

£600-800

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60National Bank of Iraq, King Faisal II, 1⁄4 dinar, lawof 1947 (1950), serial number W 149075, blue-greenand multicoloured, Faisal II as a young man at right,reverse blue-green and white, date palm trees (Pick37), original, almost extremely fine, scarce

£100-140

61National Bank of Iraq, King Faisal II, 1 dinar, lawof 1947 (1950), serial number G/1 807998, blue andmulticoloured, Faisal II as a young man at right,reverse blue and white (Pick 39a), an originalextremely fine, scarce

£150-200

62National Bank of Iraq, King Faisal II, 1 dinar, lawof 1947 (1950), serial number K/1 937950, blue andmulticoloured, Faisal II as a young man at right,reverse blue and white (Pick 39a), an original example,uncirculated thus rare

£180-240

63National Bank of Iraq, King Faisal II, 5 dinars, lawof 1947 (1950), serial number J 106463, red andmulticoloured, Faisal II as a young man at right,reverse red and white (Pick 40b), large headwatermark, about extremely fine, scarce

£300-350

64National Bank of Iraq, King Faisal II, 5 dinars, lawof 1947 (1950), serial number F 769288, red andmulticoloured, Faisal II as a young man at right,reverse red and white (Pick 40b), large headwatermark variety, about good very fine, scarce

£250-300

65National Bank of Iraq, King Faisal II, 10 dinars,law of 1947, serial number E 518488, red andmulticoloured, Faisal II as a young man at right,reverse red and white (Pick 41b), large headwatermark, good extremely fine, rare in this grade

£600-800

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King Faisal II

66Central Bank of Iraq, King Faisal II, 1⁄2 dinar (3),law of 1947, prefixes 1/A, brown and multicoloured,Faisal II at right, reverse brown and white, Mosque ofSamara (Pick 43), uncirculated (2) and one examplegood extremely fine (3)

£200-300

67Central Bank of Iraq, King Faisal II, 5 dinars, lawof 1947, serial number 1/A 504318, red andmulticoloured, Faisal II at right, reverse red and white,King Hammurabi (Pick 49), good extremely fine

£180-240

Republic Issue

68Central Bank of Iraq, Republic Issue, specimen1⁄4 dinar, ND (1959), no serial numbers, green andmulticoloured, the Arms of the Republic at right,reverse green and white, palm trees at centre (Pick51as), perforated, red Arabic overprint on face,uncirculated and rare

£150-200

69Central Bank of Iraq, Republic Issue, specimen1⁄2 dinar, ND (1959), no serial numbers, brown andmulticoloured, the Arms of the Republic at right,reverse brown and white, the ruins at Samarra (Pick52as), perforated, red Arabic overprint on face,uncirculated and rare

£150-200

CENTRAL BANK OF IRAQ

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70Central Bank of Iraq, Republic Issue, colour trial1⁄2 dinar, ND (1959), no serial numbers, blue andmulticoloured, the Arms of the Republic at right,reverse blue and white, the ruins at Samarra (Pick52act), perforated, red Arabic overprint on face,uncirculated and rare

£250-300

71Central Bank of Iraq, Republic Issue, specimen1 dinar, ND (1959), no serial numbers, blue andmulticoloured, the Arms of the Republic at right,reverse blue and white, the Harp of Ur at centre (Pick53as), perforated, red Arabic overprint on face,uncirculated and rare

£200-250

72Central Bank of Iraq, Republic Issue, specimen5 dinars, ND (1959), no serial numbers, purple andmulticoloured, the Arms of the Republic at right,reverse purple and white, Hammurabi at centre (Pick54as), perforated, red Arabic overprint on face, nosecurity thread, uncirculated and rare

£250-300

73Central Bank of Iraq, Republic Issue, specimen5 dinars, ND (1959), no serial numbers, purple andmulticoloured, the Arms of the Republic at right,reverse purple and white, Hammurabi at centre (Pick54bs), perforated, red Arabic overprint on face, securitythread, uncirculated and rare

£250-300

74Central Bank of Iraq, Republic Issue, colour trial5 dinars, ND (1959), zero serial numbers, green andmulticoloured, the Arms of the Republic at right,reverse green and white, Hammurabi at centre (Pick54act), perforated, red Arabic overprint on face, nosecurity thread, uncirculated and rare

£300-350

75Central Bank of Iraq, Republic Issue, specimen10 dinars, ND (1959), no serial numbers, violet andmulticoloured, the Arms of the Republic at right,reverse violet and white, Assyrian priest with mythicalox at centre (Pick 55as), perforated, red Arabicoverprint on face, no security thred, uncirculated andrare

£300-350

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76Central Bank of Iraq, Republic Issue, specimen10 dinars, ND (1959), no serial numbers, violet andmulticoloured, the Arms of the Republic at right,reverse violet and white, Assyrian priest with mythicalox at centre (Pick 55bs), perforated, security thread, redArabic overprint on face, uncirculated and rare

£300-350

77Central Bank of Iraq, Republic Issue, 1⁄4 dinar (3),ND (1959), green, 1⁄2 dinar (2), brown, 1 dinar (2),blue and 10 dinar, violet, all arms at right (Pick 51a, b,52a, b, 53b, 55a), generally about very fine, the 10dinars about uncirculated (8)

£60-80

78Central Bank of Iraq, Republic Issue, specimen1⁄4 dinar, ND (1971), no serial numbers, green andmulticoloured, dock scene at centre, reverse green andwhite, palm trees (Pick 56s), perforated, red Arabicoverprint on face, uncirculated and rare

£150-200

79Central Bank of Iraq, Republic Issue, colour trial1⁄4 dinar, ND (1971), zero serial numbers, brown andmulticoloured, dock scene at centre, reverse brownand white, palm trees (Pick 56ct), perforated, redSPECIMEN overprint on face, uncirculated and rare

£200-250

80Central Bank of Iraq, Republic Issue, specimen1⁄2 dinar, ND (1971), no serial numbers, brown andmulticoloured, cement factory, reverse brown andwhite, the ruins at Samarra (Pick 57s), perforated, redArabic overprint on face, uncirculated and rare

£150-200

81Central Bank of Iraq, Republic Issue, colour trial1⁄2 dinar, ND (1971), zero serial numbers, blue andmulticoloured, cement factory, reverse blue and white,the ruins at Samarra (Pick 57ct), perforated, redSPECIMEN overprint on face, uncirculated and rare

£200-250

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82Central Bank of Iraq, Republic Issue, colour trial1 dinar, ND (1971), zero serial numbers, purple andmulticoloured, oil refinery at centre, reverse purpleand white, the al-Mustansiriyah school (Pick 58ct),perforated, red SPECIMEN overprint on face,uncirculated and rare

£300-350

83Central Bank of Iraq, Republic Issue, specimen5 dinars, ND (1971), no serial numbers, purple,brown and multicoloured, Parliament building atcentre, reverse purple and white, Hammurabi andShamash at centre (Pick 59s), perforated, red Arabicoverprint on face, uncirculated and rare

£200-250

84Central Bank of Iraq, Republic Issue, colour trial5 dinars, ND (1971), zero serial numbers, blue, brownand multicoloured, Parliament building at centre,reverse blue and white, Hammurabi and Shamash atcentre (Pick 59ct), perforated, red SPECIMENoverprint on face, uncirculated and rare

£300-350

85Central Bank of Iraq, Republic Issue, specimen10 dinars, ND (1971), no serial numbers, purple, blueand multicoloured, Dam at centre, reverse purple andwhite, priest and Assyrian ox at centre (Pick 60s),perforated, red Arabic overprint on face, uncirculatedand rare

£250-300

86Central Bank of Iraq, Republic Issue, 1⁄4 dinar, ND(1971), 1⁄2 dinar, 5 and 10 dinars (Pick 56, 57, 59, 60),the half fine, balance extremely fine, last twouncirculated (4)

£50-70

87Central Bank of Iraq, Republic Issue, specimen5 dinars, ND (1973), zero serial numbers, purple andmulticoloured, Parliament building at centre, reverselilac, Hammurabi and Shamash (Pick 64s), perforated,red SPECIMEN overprint, uncirculated, rare

£250-300

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88Central Bank of Iraq, Republic Issue, specimen10 dinars, ND (1973), zero serial numbers, purple-blue and multicoloured, Dam at right, reverse blue-lilac, Assyrian ox and priest (Pick 65s), perforated, redSPECIMEN overprint, uncirculated, rare

£250-300

89Central Bank of Iraq, Republic Issue, 1⁄4 dinar (2),1⁄2 dinar (2), 1 dinar (3), 5 dinars (2), 10 dinars and 25dinars, all ND (1973), also 1⁄4 dinar (2), 1⁄2 dinar, 1dinar (2), 5 dinars, 10 dinars, 25 dinars (2), 25 dinars(2), all 1979-1986 (Pick 61, 62, 63a, b, 64, 65, 66a),generally extremely fine or better (22)

£100-150

90Central Bank of Iraq, Republic Issue, specimen5 dinars, 1980, zero serial numbers, purple andmulticoloured, Gali-Ali Beg waterfall at centre, reversepurple, Al-Ukhether castle at centre (Pick 70s), redArabic overprint at centre, uncirculated and rare

£200-250

91Central Bank of Iraq, Republic Issue, specimen5 dinars, 1981, zero serial numbers, purple andmulticoloured, Gali-Ali Beg waterfall at centre, reversepurple, Al-Ukhether castle at centre (Pick 70s), redSPECIMEN overprint at centre, red De la Rue oval atright, mounting traces thus extremely fine, rareuncirculated and rare

£150-200

92Central Bank of Iraq, Republic Issue, specimen10 dinars, 1980, zero serial numbers, purple andmulticoloured, Al-Hassan ibn al-Haitham at right,reverse purple, the Habda Minaret in Mosul at centre(Pick 71s), red Arabic overprint at centre, uncirculatedand rare

£250-300

93Central Bank of Iraq, Republic Issue, specimen25 dinars, 1986, zero serial numbers, green andmulticoloured, Saddam Hussein at right, horsemen atcentre, reverse blue and multicoloured, the MartyrsMonument at centre (Pick 73s), red Arabic overprintat centre, uncirculated and rare

£250-300

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94Central Bank of Iraq, Republic Issue, specimen1⁄4 dinar, 1993, zero serial numbers, green and pink,palms at centre (Pick 77s), uncirculated and rare

£120-160

95Central Bank of Iraq, Republic Issue, specimen1⁄2 dinar, 1993, zero serial numbers, brown and paleblue, an astrolabe at right (Pick 78s), uncirculated andrare

£140-180

96Central Bank of Iraq, Republic Issue, specimen1 dinar, 1993, zero serial numbers, blue and green,Abbasid dinar at centre (Pick 79s), uncirculated andrare

£150-200

97Central Bank of Iraq, Republic Issue, specimen50 dinars in folder, 1994, zero serial numbers, brown,Saddam Hussein at right, reverse brown, bridge (Pick83s), blue Arabic overprint, uncirculated and rare

£200-250

98Central Bank of Iraq, Republic Issue, specimen100 dinars in folder, 1994, zero serial numbers, blue,Saddam Hussein at right, reverse blue, monument(Pick 84s), blue Arabic overprint, uncirculated andrare

£200-250

99Central Bank of Iraq, Republic Issue, specimen250 dinars in folder, 1994, zero serial numbers,purple, Saddam Hussein at right, reverse purple, frieze(Pick 85s), uncirculated and rare

£200-250

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100Central Bank of Iraq, Republic Issue, specimen500 dinars, 1995, zero serial numbers, yellow andmulticoloured, Saddam Hussein at right, reverseyellow and multicoloured, suspension bridge at centre(Pick unrecorded), tears in margin, fine, this issuenever circulated, very rare

£400-500

101Central Bank of Iraq, Republic Issue, specimen25 dinars in green presentation album, 2002, zeroserial numbers, lilac and multicoloured, SaddamHussein at right, reverse lilac and green (Pick 86s),uncirculated and rare

£200-250

102Central Bank of Iraq, Republic Issue, specimen100 dinars in green presentation album, 2002, zeroserial numbers, blue and multicoloured, SaddamHussein at right, reverse blue (Pick 87s), uncirculatedand rare

£200-250

103Central Bank of Iraq, Republic Issue, specimen250 dinars in folder, 2002, zero serial numbers, lilacand multicoloured, Saddam Hussein at right, reverselilac and green (Pick 88s), uncirculated and rare

£200-250

104Central Bank of Iraq, Republic Issue, specimen10000 dinars in folder, 2002, zero serial numbers,pink-red, purple and multicoloured, Saddam Husseinat right, reverse purple (Pick 89s), uncirculated andrare

£300-400

105Central Bank of Iraq, Republic Issue, a group ofissued notes comprising 1⁄4, 1⁄2, 5 (2), 10, 25 (2),50 (2), 100, 250 (2) and 10000 dinars, also 50, 250,500, 1000, 5000, 10000 and 10000 dinars, 2003-2004 together with various propoganda issues (Pick74a, 77, 78b, 80c, 81, 83, 84, 85, 86, 88, 89, 90-96a), uncirculated (34)

£80-140

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106Israel, Government, 50 mils, ND (printed 1948,issued 1952), serial number 044453, dark red-orange(Pick 6), about uncirculated to uncirculated

£200-250

107Israel, Government, 100 mils, ND (printed 1948,issued 1952), serial number 297883, green (Pick 6),about uncirculated to uncirculated

£200-250

108Israel, Government, 50 pruta (6), ND (1952), firsttype, blue, second type, red-orange and grey, thirdtype with all three signature combinations (Pick 8, 9,10a, 10b, 10c (2)), Pick 8 good extremely fine, Pick 9,pinholes and couple of rust marks, good extremely fine,Pick 10b, good, balance extremely fine to uncirculated(6)

£150-200

109Israel, Government, 100 pruta (3), ND (1952), firsttype, green, second type, blue and green, 250 pruta(3), ND (1953), dark brown and green (Pick 11, 12c(2), 13b, c (2)), 100 pruta are uncirculated, one of Pick13c is fine, other notes are extremely fine anduncirculated (6)

£120-150

ISRAEL

Government Issue

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Anglo-Palestine Bank

110Israel, Anglo-Palestine Bank Limited, 500 mils, ND(1948-51), serial number B 127572, grey and palebrown (Pick 14a), crisp good very fine

£200-250

111Israel, Anglo-Palestine Bank Limited, 1 pound (3),ND (1948-51), serial numbers A 545531, G 308712,H 879431, blue and pale green (Pick 15a), very good,extremely fine and very fine (3)

£80-120

112Israel, Anglo-Palestine Bank Limited, 5 Pounds,serial number 228430, brown, 10 pounds, serialnumber 885311, red and pale orange, ND (1948-51)(Pick 16a, 17a), about very fine and good very fine (2)

£120-150

Bank Leumi Le-Israel

113Israel, Bank Leumi Le - Israel BM, 500 prutah, ND(1952), serial number H 768978, grey-green and lightblue (Pick 19a), extremely fine

£150-200

114Israel, Bank Leumi Le - Israel BM, 1 Israel pound,ND (1952), serial number Q 604969, olive and pink,10 Israel pounds, serial number N 494713, grey andorange (Pick 20a, 22a), good very fine - extremely fine(2)

£80-120

115Israel, Bank Leumi Le- Israel BM, 5 Israel pounds,ND (1952), serial number Q 587962, brown (Pick21a), uncirculated

£200-250

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117Israel, Bank of Israel, set of issued notes, 1955,comprising 500 prutah, red, 1 lira, blue, 5 lirot,brown, 10 lirot, both types, dark green, 50 lirot, bothtypes, dark blue and multicoloured (Pick 24a, 25a,26a, 27a, b, 28a, b), 500 prutah good very fine toextremely fine, balance including some pressed, very fine-good very fine (7)

£80-120

118Israel, Bank of Israel, specimen set, 1955,500 prutah, red and multicoloured, ruins ofsynagogue at left, reverse red and pale green, 1 lira,blue and multicoloured, Gallilean landscape, reverseblue and yellow, 5 lirot, brown and multicoloured,Negev landscape, reverse brown and blue, 10 lirot,dark green and multicoloured, Plain of Jezreel, reversegreen, 50 lirot, dark blue and multicoloured.Jerusalem road, all with flowers upper right, serialnumbers N 000000 (Pick 24s, 25s, 26s, 27s, 28s), 500prutah with black SPECIMEN overprint and De la Rueseals, balance with red SPECIMEN overprint and seals,about uncirculated to uncirculated (5)

£700-800

116Israel, Bank Leumi Le - Israel BM, 50 Israel pounds, ND(1952), serial number 424517, dark brown and light blue(Pick 23a), about extremely fine, rare

£1,500-2,000

Bank of Israel

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119Israel, Bank of Israel, group 1958-60 comprising1⁄2 lira, 1 lirot (2), 5 lirot, 10 lirot and 50 lirot (4) (Pick29a, 30c (2), 31a, 32d, 33b, c, d, e), Pick 33b very fine,balance uncirculated (9)

£60-80

120Israel, Bank of Israel, specimen 5 lirot, 1958, serialnumber 000000, brown and multicoloured, workerwith hammer, factory, reverse Seal of Shema (Pick31s), red SPECIMEN overprint and De la Rue seals,about uncirculated

£120-150

121Israel, Bank of Israel, ‘Master Machine Proof’,10 lirot, 1958, unissued note without serial numbersand another stage proof with fully printed reverse butonly underprint on obverse (Pick 32), three staplesholding notes near top edge within paper cover detailingprinting order details and dated 30-11-66, aboutuncirculated (2)

£500-600

122Bank of Israel, specimen 10 lirot (2), 1958, serialnumbers N/1 000000 and N/4 000000, lilac, purpleand multicoloured, scientist in laboratory, reverse,Dead Sea scroll and vases (Pick 32s), perforated, redSPECIMEN overprint and De la Rue seals, aboutuncirculated to uncirculated (2)

£200-250

123Bank of Israel, a group of notes, comprising 1968series, 5 lirot (3), Einstein, 10 lirot (3), Bialik, 50 lirot,Weizmann, 100 lirot, Herzl, 1973-75 series, full set of5, 10, 50, 100 and 500 lirot with H. Szold,Montefiore, Weizmann, Herzl and Ben-Gurion,respectively, 1978-84, full set of 1, 5, 10, 50, 100,500, 1000, 5000 and 10,000 Sheqalim withMontefiore, Weizmann, Herzl, Ben-Gurion,Jabotinsky, E. de Rothschild, Rabbi Maimonides,Eshkol and Golda Meir respectively, 1985-1992, 1New Sheqel (3), Rabbi Maimonides, 5 New Sheqalim,Levi Eshkol (Pick 34a, b (2), 35a, b, c, 36a, 37c, 38,39a, 40, 41, 42, 43a, 44, 45, 46a, 47a, 48, 49b, 50a,51a, 51Aa (3), 52a), Pick 34a with stamp on obverse isextremely fine, Pick 39a, 47a, 51a, good very fine,balance uncirculated (26)

£140-180

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126Hashemite Kingdom of Jordan, specimen/proof onpaper 500 fils, law of 1949, serial number 000000,purple and white, irrigation ditch at centre, ‘Signature’twice lower right in preparation for actual signatures,reverse purple, cattle at centre, perforatedCANCELLED (Pick 1), stuck down on card, extremelyfine and rare

£600-800

127Hashemite Kingdom of Jordan, 500 fils, law of1949, serial number A/C 564947, purple and white,irrigation ditch at centre, signature 2, reverse purple,cattle at centre (Pick 1a), very fine to good very fine

£400-500

124Israel Government, proof vignette of ChaimWeizmann, black and white on paper, good extremelyfine

£80-120

125Israel, a selection of Kibbutz token money, in variouscolours on card (9) and paper (3), mostly aboutuncirculated (12)

£100-150

HASHEMITE KINGDOM OF JORDAN

King Abdullah

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128Hashemite Kingdom of Jordan, specimen 1 dinar,law of 1949, serial number A/K 000000, green andpale orange, King Abdullah at right, signature 2,reverse green, ruins at Jerash (Pick 2b), red De la Rueoval seal, mounting traces, about uncirculated

£800-1,000

129Hashemite Kingdom of Jordan, 1 dinar, law of1949, serial number A/1 396825, green and paleorange, King Abdullah at right, signature 2, reversegreen, ruins at Jerash (Pick 2b), pinholes, some scuffingon front, very fine

£100-150

130Hashemite Kingdom of Jordan, 1 dinar, law of1949, serial number A/J 001741, green and paleorange, King Abdullah at right, signature 2, reversegreen, ruins at Jerash (Pick 2b), good extremely fine toabout uncirculated

£400-500

131Hashemite Kingdom of Jordan, 1 dinar, law of1949, serial number A/J 585206, green and paleorange, King Abdullah at right, signature 2, reversegreen, ruins at Jerash (Pick 2b), very fine to good veryfine

£150-200

132Hashemite Kingdom of Jordan, 5 dinars, law of1949, serial number A/A 182390, red, King Abdullahat right, signature 1, reverse red, Treasury of Pharaohat Petra (Pick 3a), very fine-good very fine

£200-250

133Hashemite Kingdom of Jordan, 10 dinars, law of1949, serial number A/A 220552, blue, white andpale orange, King Abdullah at right, signature 1,reverse blue and white, Treasury of Pharaoh at Petra(Pick 4a), good very fine to extremely fine

£800-1,000

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King Hussein

134Hashemite Kingdom of Jordan, specimen 500 fils,law of 1949 (1952), serial number B/A 000000,purple and white, irrigation ditch at centre, signature3, reverse purple, cattle at centre (Pick 5As), redSPECIMEN overprint and De la Rue seals, aboutuncirculated

£500-600

135Hashemite Kingdom of Jordan, 500 fils, law of1949 (1952), serial number B/A 700023, purple andwhite, irrigation ditch at centre, signature 3, reversepurple, cattle at centre (Pick 5Aa), uncirculated

£600-800

136Hashemite Kingdom of Jordan, 500 fils, law of1949 (1952), serial number B/C 871045, purple andwhite, irrigation ditch at centre, signature 5, reversepurple, cattle at centre (Pick 5Ab), about very fine

£120-150

137Hashemite Kingdom of Jordan, specimen 1 dinar,law of 1949 (1952), maroon serial number B/G000000, green, and black, King Hussein at right,signature 6A, reverse green, ruins at Jerashred (Pick6as), SPECIMEN overprint, about uncirculated

£400-500

138Hashemite Kingdom of Jordan, 1 dinar, law of 1949(1952), red serial number B/D 510623, green, andblack, King Hussein at right, signature 3, reversegreen, ruins at Jerash (Pick 6a), extremely fine

£120-150

139Hashemite Kingdom of Jordan, specimen 5 dinars,law of 1949 (1952), black serial number B/B 000000,red, white and black, King Hussein at right, signature7, reverse red and white, Treasury of Pharaoh at Petra(Pick 7b), perforated, red SPECIMEN overprint andDe la Rue seals, about uncirculated

£400-500

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140Hashemite Kingdom of Jordan, 5 dinars, law of1949 (1952), serial number B/A 019443, red, whiteand black, King Hussein at right, signature 3, reversered and white, Treasury of Pharaoh at Petra (Pick 7a),good very fine

£150-200

141Hashemite Kingdom of Jordan, specimen 10 dinars,law of 1949 (1952), maroon serial number B/A000000, blue, white and black, King Hussein at right,signature 4, reverse blue and white, Treasury ofPharaoh at Petra (Pick 8as), perforated, redSPECIMEN overprint and De la Rue seals, mountingtraces, good extremely fine

£600-800

142Hashemite Kingdom of Jordan, 10 dinars, law of1949 (1952), red serial number B/A 565435, blue,white and black, King Hussein at right, signature 3,reverse blue and white, Treasury of Pharaoh at Petra(Pick 8a), extremely fine

£800-1,000

143Hashemite Kingdom of Jordan, specimen 10 dinars,law of 1949 (1952), maroon serial number B/A000000, blue, white and black, King Hussein at right,signature 5, reverse blue and white, Treasury ofPharaoh at Petra (Pick 8bs), perforated, redSPECIMEN overprint and De la Rue seals, mountingtraces, about uncirculated

£600-800

144Hashemite Kingdom of Jordan, specimen 10 dinars,law of 1949 (1952), maroon serial number B/B000000, blue, white and black, King Hussein at right,signature 8, reverse blue and white, Treasury ofPharaoh at Petra (Pick 8ds), perforated, redSPECIMEN overprint and De la Rue seals, aboutuncirculated

£600-800

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145Jordan, Central Bank, specimen 500 fils, law of1959, serial number AA 000000, brown andmulticoloured, King Hussein at left, signature 10,reverse brown, Forum at Jerash (Pick 9s), perforated,black SPECIMEN overprint, uncirculated

£150-200

146Jordan, Central Bank, specimen 1 dinar, law of1959, serial number AA 000000, green andmulticoloured, King Hussein at left, signature 10,reverse green, Dome of the Rock, Jerusalem (Pick10s), perforated, black SPECIMEN overprint,uncirculated

£150-200

147Jordan, Central Bank, specimen 1 dinar, law of1959, serial number AA 000000, green andmulticoloured, King Hussein at left, signature 10,reverse green, Dome of the Rock, Jerusalem (Pick10s), perforated, red SPECIMEN overprint and De laRue seals, good extremely fine

£120-150

148Jordan, Central Bank, specimen 5 dinars, law of1959, serial number AA 000000, red andmulticoloured, King Hussein at left, signature 10,reverse red, Treasury of Pharaoh at Petra perforated,(Pick 11s), red SPECIMEN overprint, good extremelyfine

£200-250

149Jordan, Central Bank, specimen 10 dinars, law of1959, serial number AA 000000, dark blue-grey andmulticoloured, King Hussein at left, signature 10,reverse blue-grey, Baptismal Site-River Jordan (Pick12s), perforated, red SPECIMEN overprint, goodextremely fine

£350-400

150Jordan, Central Bank, 10 dinars, law of 1959,consecutive serial numbers 1248631 and 1248632,dark blue-grey and multicoloured, King Hussein atleft, signature 10, reverse blue-grey, Baptismal Site-River Jordan (Pick 12a), about uncirculated-uncirculated (2)

£250-300

CENTRAL BANK OF JORDAN

King Hussein

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151Jordan, Central Bank, 1⁄2 dinar, law of 1959 (secondissue), brown and multicoloured, King Hussein at left,signature 14, reverse brown, Forum at Jerash (Pick13c), uncirculated (4)

£80-120

152Jordan, Central Bank, specimen 1⁄2 dinar, law of 1959(second issue), brown and multicoloured, serialnumber, DA 000000, King Hussein at left, signature12, reverse brown, Forum at Jerash (Pick 13as),cancellation holes, black SPECIMEN overprint and Dela Rue seals, about uncirculated

£120-150

153Jordan, Central Bank, specimen 1 dinar, law of 1959(second issue), green and multicoloured, serialnumber, KA 000000, King Hussein at left, signature23, reverse green, Dome of the Rock - Jerusalem(Pick 14s, unlisted signature), cancellation holes, blackSPECIMEN overprint and De la Rue seals, aboutuncirculated

£120-150

154Jordan, Central Bank, 1 dinar, law of 1959 (secondissue), green and multicoloured, King Hussein at left,signature 14, reverse green, Dome of the Rock -Jerusalem (Pick 14b), uncirculated (4)

£120-150

155Jordan, Central Bank, 5 dinars, law of 1959 (secondissue), red and multicoloured, signature 15, 10 dinars,serial number 096815, dark blue-grey andmulticoloured, King Hussein at left, signature 15,reverse blue-grey, Baptismal Site - River Jordan (Pick15b, 16e), uncirculated and about uncirculated (2)

£120-150

156Jordan, Central Bank, specimen 10 dinars, law of1959 (second issue), serial number 000000, dark blue-grey and multicoloured, King Hussein at left,signature 12, reverse blue-grey, Baptismal Site - RiverJordan (Pick 16s1), cancellation holes, blackSPECIMEN overprint and De la Rue sealsdiscolouration from mounting on back of left edge,good extremely fine-about uncirculated

£300-350

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157Jordan, Central Bank, specimen 10 dinars, law of1959 (second issue), serial number 000000, dark blue-grey and multicoloured, King Hussein at left,signature 23, reverse blue-grey, Baptismal Site - RiverJordan (Pick 16, signature unrecorded for type),perforated, black SPECIMEN overprint and De la Rueseals, light mount traces on back of left edge, goodextremely fine

£400-450

158Jordan, Central Bank, specimen 1⁄2 dinar, 1975-92,serial number AA 000000, brown and multicoloured,King Hussein at left, reverse brown, ruins at Jerash,plus four issued notes first with red SPECIMENoverprint, (Pick 17a, e (4), s1), uncirculated (5)

£150-200

159Jordan, Central Bank, specimen 1 dinar, 1975-92,serial number AA 000000, green and multicoloured,King Hussein at left, reverse green, Dome of the Rock- Jerusalem, plus four issued notes (Pick 18a, e (2) f,s1), first with red SPECIMEN overprint, uncirculated(5)

£200-250

160Jordan, Central Bank, a group of notes comprising5 dinars (3), 1975-92, red and multicoloured, reversered, Treasury of Pharaoh at Petra, 10 dinars (3), blueand multicoloured, reverse blue, Palace of Culture andRoman Amphitheatre, 20 dinars, 1985, brown andmulticolour, reverse, brown and green, Power Stationand orchard, King Hussein at left on all (Pick 19a (2),c, 20a, b, d, 21b), uncirculated (7)

£120-150

161Jordan, Central Bank, specimen 5 dinars, 1975-92,serial number AA 000000, red and multicoloured,King Hussein at left, signature 15, reverse red,Treasury of Pharaoh at Petra (Pick 19s1), perforated,red SPECIMEN overprint and De la Rue seals, aboutuncirculated

£200-250

162Jordan, Central Bank, specimen 10 dinars, 1975-92,serial number AA 000000, blue and multicoloured,King Hussein at left, signature 15, reverse blue, Palaceof Culture and Roman Amphitheatre (Pick 20s1),perforated, red SPECIMEN overprint and De la Rueseals, uncirculated

£250-300

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163Jordan, Central Bank, specimen 20 dinars, 1977,serial number AA 000000, brown and multicoloured,King Hussein at left, signature 16, reverse brown andgreen, Power Station and orchard, (Pick 21s1), redSPECIMEN overprint, uncirculated

£300-350

164Jordan, Central Bank, Fourth and Fifth issue, 1⁄2dinar, 1992, 1993, 1995, 1997, brown, King Husseinat centre, reverse brown, Qusayr Amra fortress, 1dinar, 1992, 1993, 1995, 1996, 2001, 2002 (2),green, King Hussein at centre, reverse green, ruins atJerash, 5 dinars, 1992, 1995, 1997, red, King Husseinat right, reverse red, Treasury of Pharaoh at Petra, 10dinars, 1992, blue, King Hussein at right, reverse blue,Al-Rabadh castle, Sixth issue, 1 dinar, 2002, green,Sherif Hussein Ibn Ali at right, reverse green, GreatArab Revolt, 5 dinars 2002 (2), orange-brown, KingAbdullah I at right, reverse, Ma’an Palace, 10 dinars2002, blue, King Talal Ibn Abdullah at right, reverse,First Parliament, 20 dinars, 2002, blue-green, KingHussein at right, reverse, Dome of the Rock-Jerusalem, 50 dinars, 2006, brown, King Abdullah IIat right, reverse, Raghadan Palace (Pick 23a, b, 24 a,b, 25a, 26, 28a, b, 29a, b, c, d, 30a, b, 34a, 35a, 36a,37a, 38c), uncirculated (21)

£150-200

165Jordan, Central Bank, specimen set of the fifth issue,comprising 1⁄2 dinar, 1995, signature 19, brown, KingHussein at centre, reverse Qusayr Fortress, 1 dinar1995, signature 19, green, King Hussein at centre,reverse ruins at Jerash, 5 dinars 1997, signature 22,red, King Hussein at right, reverse Treasury ofPharaoh at Petra, 10 dinars, 1996, signature 20, blue,King Hussein at right, reverse Ajloun Castle, 20 dinars1995, signature 19, brown and green, King Hussein atright, reverse Dome of the Rock-Jerusalem, all with000000 serial numbers and red SPECIMEN overprint(Pick 28s1, 29s1, 30s2, 31s, 32s1), uncirculated (5)

£600-800

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166Kuwait Currency Board, a die proof in green andwhite mounted on brown card depicting a bust ofAmir Shaikh Abdullah as depicted on the ND (1961)issue good extremely fine and rare

£250-300

167Kuwait Currency Board, 1⁄4 dinar, brown andmulticoloured and a 1⁄2 dinar, purple andmulticoloured, both Law of 1960 (1961), both AmirShaikh Abdullah at right (Pick 1, 2), uncirculated (2)

£180-240

168Kuwait Currency Board, 1⁄4 dinar, brown andmulticoloured and a 1⁄2 dinar, purple andmulticoloured, both Law of 1960 (1961), both AmirShaikh Abdullah at right (Pick 1, 2), uncirculated (2)

£180-240

169Kuwait Currency Board, specimen 1 dinar, law of1960 (1961), zero serial numbers, grey andmulticoloured, Amir Shaikh Abdullah at right (Pick3ct), red SPECIMEN overprint, perforated,uncirculated and very rare

£1,200-1,400

170Kuwait Currency Board, 1 dinar, law of 1960(1961), purple-brown and multicoloured, AmirShaikh Abdullah at right (Pick 3), uncirculated, scarcein this condition

£180-220

KUWAIT CURRENCY BOARD

Amir Abdullah III Al-Salim Al Sabah

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172Kuwait Currency Board, 5 dinars, law of 1960(1961), serial number 148623, blue andmulticoloured, Amir Shaikh Abdullah at right, value ateach corner, reverse blue, street scene (Pick 4),uncirculated, scarce in this grade

£600-800

173Kuwait Currency Board, 10 dinar, law of 1960(1961), serial number 659113, green andmulticoloured, Amir Shaikh Abdullah at right, reversegreen, dhow at centre (Pick 5), red SPECIMENoverprint, perforated, uncirculated and very rare

£300-350

171Kuwait Currency Board, colour trial 5 dinars, law of 1960(1961), zero serial numbers, green and multicoloured, AmirShaikh Abdullah at right, value at each corner, reverse green,street scene (Pick 4ct), red SPECIMEN overprint, perforated,uncirculated and very rare

£1,400-1,600

174Kuwait Currency Board, a group of progressive proofs (5) for the issue of 1⁄4dinar, law of 1960 (1961), comprising a partial obverse, dark brown and white,Amir Shaikh Abdullah at right, no background detail, a reverse depicting the portof Kuwait and three partial backgrounds, multicoloured, one with manuscript text‘used on Kuwait 100 FILS 18.5.65’ (Pick 1 for type), printers typed annotationsand date ‘20.10.60’ in low margin, extremely fine, very rare and unusual (5)

£1,000-1,250

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175Kuwait Currency Board, a group ofprogressive proofs (5) for the issue of 1⁄2dinar, law of 1960 (1961), comprising apartial obverse, violet and white, Amir ShaikhAbdullah at right, no background detail, areverse depicting a school at centre and threepartial backgrounds, multicoloured (Pick 2for type), printers typed annotations and date‘20.10.60’ in low margin, extremely fine, veryrare and unusual (5)

£1,400-1,800

176Kuwait Currency Board, a group ofprogressive proofs (5) for the issue of 1dinar, law of 1960 (1961), comprising apartial obverse, purple and white, AmirShaikh Abdullah at right, no backgrounddetail, a reverse depicting a cement plant atcentre and three partial backgrounds,multicoloured (Pick 3 for type), printerstyped annotations and date ‘27.10.60’ in lowmargin, extremely fine, very rare and unusual(5)

£1,500-1,800

177Kuwait Currency Board, a group ofprogressive proofs (5) for the issue of 5dinars, law of 1960 (1961), comprising apartial obverse, blue and white, Amir ShaikhAbdullah at right, no background detail, areverse depicting a school at centre and threepartial backgrounds, multicoloured (Pick 4for type), printers typed annotations and date‘4.1.61’ in top margin, extremely fine, veryrare and unusual (5)

£2,000-2,500

178Kuwait Currency Board, a group ofprogressive proofs (5) for the issue of 10dinars, law of 1968, comprising a partialobverse, green and white, Amir ShaikhAbdullah at right, no background detail, areverse depicting a dhow at centre and threepartial backgrounds, multicoloured (Pick 5for type), printers typed annotations and date‘4.1.61’ in top margin, extremely fine, veryrare and unusual (5)

£2,500-3,000

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179Kuwait Central Bank, 1⁄4 dinar (2), brown andmulticoloured, 1⁄2 dinar, violet and multicoloured and1 dinar (2), purple and multicoloured, all law of 1968,all Amir Shaikh Sabah Al Salem Al Sabah at right (Pick6a, b, 7b, 8a), uncirculated (5)

£200-300

180Kuwait Central Bank, specimen 1 dinar, law of 1968,zero serial numbers, purple and multicoloured, AmirShaikh Sabah at right, reverse purple, refinery at centre(Pick 8s), perforated, red SPECIMEN overprint,uncirculated and rare

£600-800

181Kuwait Central Bank, 5 dinars, law of 1968, serialnumbers 680060, blue and multicoloured, AmirShaikh Sabah at right, reverse blue, aerial view ofKuwait at left centre (Pick 9a), uncirculated and scarce

£200-300

182Kuwait Central Bank, specimen 10 dinars, law of1968, zero serial numbers, green and multicoloured,Amir Shaikh Sabah at right, reverse green, dhow atcentre (Pick 10s), perforated, red SPECIMENoverprint, uncirculated and rare

£800-900

183Kuwait Central Bank, 10 dinars, law of 1968, serialnumbers 517450, green and multicoloured, AmirShaikh Sabah at right, reverse green, dhow at centre(Pick 10a), uncirculated and scarce

£150-200

184Kuwait Central Bank, a group of progressiveproofs (10) for the issue of 1⁄4 dinar, law of 1968,comprising a partial obverse, dark brown and white,Amir Shaikh Sabah at right, no background detail, areverse depicting the Port of Kuwait and eight partialbackgrounds, multicoloured (Pick 6 for type), printerstyped annotations and date ‘13.3.70’ in low margin,various annotations, extremely fine, very rare andunusual (10)

£1,000-1,500

KUWAIT CENTRAL BANK

Amir Sabah III Al-Salim Al Sabah

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185Kuwait Central Bank, a group of progressiveproofs (9) for the issue of 1⁄2 dinar, law of 1968,comprising a partial obverse, violet and white, AmirShaikh Sabah at right, no background detail, a reversedepicting the port of Kuwait and seven partialbackgrounds, multicoloured (Pick 7 for type), printerstyped annotations and date ‘27.4.70’ in low margin,various annotations, extremely fine, very rare andunusual (9)

£1,500-2,000

186Kuwait Central Bank, a group of progressiveproofs (11) for the issue of 1 dinar, law of 1968,comprising a partial obverse, blue-grey and white,Amir Shaikh Sabah at right, no background detail, areverse in brown depicting an oil refinery and ninepartial backgrounds, multicoloured (Pick 8 for type),printers typed annotations and date ‘13.7.70’ in lowmargin, various annotations, extremely fine, very rareand unusual (11)

£2,000-2,500

187Kuwait Central Bank, a group of progressiveproofs (11) for the issue of 5 dinars, law of 1968,comprising a partial obverse, blue-green and white,Amir Shaikh Sabah at right, no background detail, areverse in blue depicting an aerial view of Kuwait andnine partial backgrounds, multicoloured (Pick 9 fortype), printers typed annotations and date ‘20.5.70’ inlow margin, various annotations, extremely fine, veryrare and unusual (11)

£2,500-3,000

188Kuwait Central Bank, a group of progressiveproofs (12) for the issue of 10 dinars, law of 1968,comprising a partial obverse, black and white, AmirShaikh Sabah at right, no background detail, a reversedepicting a dhow and ten partial backgrounds,multicoloured (Pick 10 for type), printers typedannotations and date ‘17.3.70’ in low margin, variousannotations, extremely fine, very rare and unusual (12)

£3,000-3,500

189Kuwait Central Bank, a set of unissued/proof notesfrom the law of 1968 issue comprising 1⁄4 dinar, brown,1⁄2 dinar, violet, 1 dinar, purple, 5 dinars, blue and 10dinars, green, all no serial numbers, all Amir ShaikhSabah at right (Pick 6pr-10pr), small perforation infield, uncirculated and very rare (5)

£2,500-3,500

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190Kuwait Central Bank, colour trial 1⁄4 dinar, law of1968, zero serial numbers, purple and multicoloured,Amir Shaikh Sabah at right, reverse purple, the Port ofKuwait at centre (Pick 6ct), perforated, redSPECIMEN overprint, pencil annotation and date‘11/24/71’ in top margin, uncirculated and rare

£500-700

191Kuwait Central Bank, colour trial 1⁄2 dinar, law of1968, zero serial numbers, blue-green andmulticoloured, Amir Shaikh Sabah at right, reverseblue-green, the Port of Kuwait at centre (Pick 7ct),perforated, red SPECIMEN overprint, pencilannotation and date ‘11/24/71’ in top margin,uncirculated and rare

£700-900

192Kuwait Central Bank, colour trial 1 dinar, law of1968, zero serial numbers, pale blue andmulticoloured, Amir Shaikh Sabah at right, reversepale blue, oil refinery at centre (Pick 8ct), perforated,red SPECIMEN overprint, pencil annotation and date‘11/24/71’ in top margin, uncirculated and rare

£800-1,000

193Kuwait Central Bank, colour trial 5 dinars, law of1968, zero serial numbers, purple and multicoloured,Amir Shaikh Sabah at right, reverse purple, aerial viewof Kuwait left centre (Pick 9ct), perforated, redSPECIMEN overprint, pencil annotation and date‘11/24/71’ in top margin, uncirculated and rare

£1,000-1,200

194Kuwait Central Bank, colour trial 10 dinars, law of1968, zero serial numbers, blue and multicoloured,Amir Shaikh Sabah at right, reverse grey andmulticoloured, dhow at centre (Pick 10ct), perforated,red SPECIMEN overprint, pencil annotation and date‘11/24/71’ in top margin, uncirculated and rare

£1,000-1,200

195Kuwait Central Bank, a group of the more modernissues comprising 1⁄4 dinar (3), 1⁄2 dinar (3), 1 dinar (4),5 dinars, 10 dinars (2), 20 dinars (3), ND (1980-1991), 1⁄4, 1⁄2, 1992, 1 dinar, 1994, 1⁄4, 1⁄2, 1, 5, 10, 20dinars, 1992-1994, and a set 1⁄4 dinar -20 dinars allserial number 000053, and 1 dinar, 1993, 1 dinar,2001 (Pick 11a, b, 12a, b, 13a, b, d, 14b, 15a, 16b,17, 18, 19, 23, 24, 25, 26, 27, 28, CS1, CS2), severalwith ‘MINISTRY OF DEFENCE’ handstamps,uncirculated (35)

£150-250

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SULTANATE OF MUSCAT AND OMAN

196Sultanate of Oman, a presentation book in red leather witharms in gold for the 1973 issue, comprising specimen 100baisa, brown, 1⁄4 rial, blue, 1⁄2 rial, green, 1 rial, red, 5 rials,violet and 10 rials, purple, all zero serial numbers, all arms atright (Pick 1s-6s), all notes with red Arabic overprint onobverse, red SPECIMEN on reverse, uncirculated and a lovelypresentation set and very rare

£2,500-3,500

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197Sultanate of Oman, 1⁄2 rial, ND (1970), green, also 1rial (2), ND 91970), red, arms at right (Pick 3a.4a),uncirculated (3)

£150-200

198Sultanate of Oman, 5 rials, ND (1970), violet andblue, arms at right, reverse violet, Nizwa fortress (Pick5a), uncirculated

£140-180

199Sultanate of Oman, 10 rials, ND (1970), darkbrown, blue and multicoloured, arms at right, reverseviolet, Mirani fortress (Pick 6a), uncirculated

£250-300

200Sultanate of Oman, 5 rials, ND (1970), violet andblue, arms at right, reverse Nizwa fortress, also 10rials, ND (1970), dark brown, blue andmulticoloured, arms at right, reverse violet, Miranifortress (Pick 5a, 6a), uncirculated (2)

£400-450

OMAN CURRENCY BOARD

201Oman Currency Board, 100 baiza (2), brown, 1⁄4 rial,blue, 1⁄2 rial, green, 5 rials, violet and 10 rials, brown,all type of 1973 (Pick 7a, 8a, 9a, 11a, 12a), extremelyfine to uncirculated, fresh, the 10 scarce in this grade (6)

£350-450

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202Central Bank of Oman, 100 baiza (3), brown,200 baiza (2), violet, 1⁄4 rial, blue, 1⁄2 rial, green, 1 rial(3), red, 5 rials, purple, all ND (1977), all arms at right(Pick 13a, 14, 15a, 16a, 17a, 18a), uncirculated (11)

£200-250

203Central Bank of Oman, progressive artwork (6) forthe issue of 1 rial, ND (1977), also a specimen 1 rialof the same type, zero serial numbers, red andmulticoloured, arms at right, reverse red, Rustaqfortress left centre (Pick 17s), printers annotations onprogressive proofs, small blue SPECIMEN overprint onspecimen 1 rial, uncirculated and very rare (7)

£600-800

204Central Bank of Oman, 5 rials (2), ND (1977),purple and pale blue and orange, arms at right (Pick18a), uncirculated (2)

£150-200

205Central Bank of Oman, specimen 10 rials, ND(1977), zero serial numbers, dark brown, blue andmulticoloured, arms at right, reverse brown, theSumail fortress left centre (Pick 19s), red Arabicoverprint at centre, reverse red SPECIMEN overprint,traces of glue-like subtance, extremely fine, rare

£400-500

206Central Bank of Oman, 10 rials, ND (1977), darkbrown, blue and multicoloured, arms at right, reversebrown, the Sumail fortress left centre (Pick 19a),almost uncirculated, fresh, scarce

£140-180

207Central Bank of Oman, 20 rials, ND (1977), darkblue-grey and multicoloured, Sultan Qaboos bin Saidat right, reverse blue-grey, Central Bank building leftcentre (Pick 20a), uncirculated

£80-120

CENTRAL BANK OF OMAN

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208Central Bank of Oman, specimen 50 rials, ND(1977), zero serial numbers, olive green andmulticoloured, Sultan Qaboos bin Sa’id at right, armsat right, reverse olive green, brown, Jabreen fortressleft centre (Pick 21s), red Arabic overprint at centre,reverse red SPECIMEN overprint, uncirculated, rare

£400-500

209Central Bank of Oman, 50 rials, ND (1977), olivegreen and multicoloured, Sultan Qaboos bin Sa’id atright, arms at right, reverse olive green, brown,Jabreen fortress left centre (Pick 21), almostuncirculated, rare

£150-200

210Central Bank of Oman, a reverse proof for a 50 rials,type of 1981, olive green, Jabreen fort left centre (Pick21 for type), on large format paper, extremely fine andvery rare

£200-250

211Central Bank of Oman, a set of the ND (1987-1994)series comprising 100 baiza (3), 200 baiza (3), 1⁄4 rial,1⁄2 rial, 1, 10 and 20 rials, all Sultan Qaboos bin Sa’idat right (Pick 22a, c, d, 23a, b, c, 24, 25, 26a, 28a,29a), uncirculated (11)

£200-300

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213Central Bank of Oman, a set of the AH 1416 (1995)series comprising 100 and 200 baiza, 1⁄2, 1, 5, 10, 20and 50 rials, all arms top left and Sultan Qaboos binSa’id at right (Pick 31-38), uncirculated (8)

£500-600

214Central Bank of Oman, 5, 10, 20 and 50 rials, AH1420 (2000), also a 5, 10 and 50 rials of the 2010series (Pick 39, 40, 41, 42, -), uncirculated (7)

£300-350

212Central Bank of Oman, a specimen set of the AH 1416(1995) series comprising 100 and 200 baiza, 1⁄2, 1, 5, 10, 20and 50 rials, all arms top left and Sultan Qaboos bin Sa’id atright (Pick 31s-38s), all red Arabic overprint on obverse, redSPECIMEN on reverse, uncirculated and rare (8)

£2,000-2,500

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215Palestine Currency Board, specimen 500 mils,30 September 1929, serial number C 000000, purple, palepink and green, Rachel’s Tomb in Jerusalem at centre, valueat centre and at each corner, Caulcutt, Ezechiel and Vernonsignatures, reverse purple, the Citadel of Jerusalem and theTower of David at centre (Pick 6bs, Dabbah p.148), inknumeral top margin, small purple handstamp SPECIMENlow right, perforated CANCELLED, good extremely fine andvery rare

£2,000-3,000

216Palestine Currency Board, 500 mils, 30 September1929, serial number B 909621, purple, pale pink andgreen, Rachel’s Tomb in Jerusalem at centre, value atcentre and at each corner, Caulcutt, Ezechiel andVernon signatures, reverse purple, the Citadel ofJerusalem and the Tower of David at centre (Pick 6b,Dabbah p.148), VG, scarce

£200-350

217Palestine Currency Board, 500 mils, 30 September1939, serial number F 388855, purple, pale pink andgreen, Rachel’s Tomb in Jerusalem at centre, value atcentre and at each corner, Caulcutt, Ezechiel andDownie signatures, reverse purple, the Citadel ofJerusalem and the Tower of David at centre (Pick 6c,Dabbah p.161), good very fine, original and attractive,scarce

£1,000-1,500

PALESTINE CURRENCY BOARD

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218Palestine Currency Board, 500 mils, 30 September1939, serial number F 936640, purple, pale pink andgreen, Rachel’s Tomb in Jerusalem at centre, value atcentre and at each corner, Caulcutt, Ezechiel andDownie signatures, reverse purple, the Citadel ofJerusalem and the Tower of David at centre (Pick 6b,Dabbah p.149), good very fine, rare in this grade

£700-900

219Palestine Currency Board, 500 mils, 15 August1945, serial number J 473245, purple, pale pink andgreen, Rachel’s Tomb in Jerusalem at centre, value atcentre and at each corner, Ezechiel, Caine, Kershawand Eastwood signatures, reverse purple, the Citadelof Jerusalem and the Tower of David at centre (Pick6d, Dabbah p.196), a pleasing good very fine, scarce

£800-1,200

220Palestine, Currency Board, £1, 1 September 1927,serial number A 600066, green and pale yellow, theDome on the Rock, Jerusalem at left, value in lilacguilloche at centre, value at each corner, three printedsignatures of the Members of the Palestine CurrencyBoard, Leslie Couper, Sir Percy Ezchiel and A.J.Harding at low centre, reverse green, the Citadel ofJerusalem with the Tower of David at centre, value atleft and right and low centre (Pick 7a, Dabbah page135), an original and pleasing good very fine thus rare

£1,500-2,500

221Palestine, Currency Board, specimen £1, 30September 1929, serial number D 000000, serialnumber A831426, green and pale yellow, the Domeon the Rock, Jerusalem at left, value in lilac guillocheat centre, value at each corner, three printed signaturesof the Members of the Palestine Currency Board,Caulcutt, Ezechiel and Vernon signatures at lowcentre, reverse green, the Citadel of Jerusalem with theTower of David at centre, value at left and right andlow centre (Pick 7b, Dabbah page 152), date in topmargin ‘1934’ in top margin, small purple‘SPECIMEN’ handstamp, perforated CANCELLED,minor stain on reverse, almost extremely fine and rare

£2,000-3,000

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222Palestine, Currency Board, £1, 20 April 1939, serialnumber N 396458, green and pale yellow, the Domeon the Rock, Jerusalem at left, value in lilac guillocheat centre, value at each corner, three printed signaturesof the Members of the signatures of the PalestineCurrency Board at low centre, Caulcutt, Ezechiel andDownie at low centre, reverse green, the Citadel ofJerusalem with the Tower of David at centre, value atleft and right and low centre (Pick 7c, Dabbah page164), an original and pleasing extremely fine thus rare

£700-900

223Palestine, Currency Board, £1, 20 April 1939, serialnumber R 970143, green and pale yellow, the Domeon the Rock, Jerusalem at left, value in lilac guillocheat centre, value at each corner, three printed signaturesof the Members of the signatures of the PalestineCurrency Board at low centre, Caulcutt, Ezechiel andDownie at low centre, reverse green, the Citadel ofJerusalem with the Tower of David at centre, value atleft and right and low centre (Pick 7c, Dabbah page164), an original and pleasing good very fine thus scarce

£600-800

224Palestine, Currency Board, £1, 1 January 1944,serial number B/1 067988, green and pale yellow,the Dome on the Rock, Jerusalem at left, value in lilacguilloche at centre, value at each corner, three printedsignatures of the Members of the signatures of thePalestine Currency Board at low centre, Boyd,Ezechiel, Caine and Kershaw low centre, reversegreen, the Citadel of Jerusalem with the Tower ofDavid at centre, value at left and right and low centre(Pick 7d, Dabbah page 189), an original and freshextremely fine thus rare

£1,000-1,400

225Palestine, Currency Board, £5, 1 January 1944, redserial number E 186668, red-orange and pale green,the White tower, Ramleh, at left, value in pale lilacguilloche at centre, value at each corner, four printedsignatures of the Members of the Palestine CurrencyBoard at centre, Sir Percy Ezechiel, E. B. Boyd, R.N.Kershaw and S. Caine, reverse red-orange, the Citadelof Jerusalem with Tower of David at centre, value atleft and right and low centre (Pick 8d, Dabbah page191), graffiti at right, slight damage low right otherwisean original very fine, scarce

£1,400-1,800

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227Palestine, Currency Board, £10, 7 September 1939,red serial number A 517003, blue and pale green, theWhite Tower, Ramleh, at left, value in pale brownguilloche at centre, value at each corner, three printedsignatures of the Members of the Palestine CurrencyBoard low centre, Sir John Caulcutt, Sir PercyEzechiel and Downie, reverse blue, the Citadel ofJerusalem with the Tower of David at centre, value atleft and right and low centre (Pick 9c, Dabbah page169), low margin slightly untidy otherwise almost veryfine, rare

£1,500-2,500

228Palestine, Currency Board, £10, 1 January 1944, redserial number C 388090, blue and pale green, theWhite Tower, Ramleh, at left, value in pale brownguilloche at centre, value at each corner, three printedsignatures of the Members of the Palestine CurrencyBoard low centre, Ezechiel, Caine, Boyd and Kershawsignatures low centre, reverse blue, the Citadel ofJerusalem with the Tower of David at centre, value atleft and right and low centre (Pick 9d, Dabbah page193), almost very fine, rare

£1,500-2,500

226Palestine, Currency Board, £10, 30 September 1929, red serial number A 433125, blue andpale green, the White Tower, Ramleh, at left, value in pale brown guilloche at centre, valueat each corner, three printed signatures of the Members of the Palestine Currency Board lowcentre, Sir John Caulcutt, Sir Percy Ezechiel and Roland Venables Vernon, reverse blue, theCitadel of Jerusalem with the Tower of David at centre, value at left and right and low centre(Pick 9b, Dabbah page 155), a pleasing and original good very fine, very rare, pleasing

£3,000-4,000

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Specimen £50 of 1929

229Palestine, Currency Board, specimen £50, 30 September 1929, red serial number A000000, purple and pale green, the White Tower at Ramleh at left, value at centre in palebrown guilloche, value at each corner, three printed signatures low centre of Sir JohnCaulcutt, Sir Percy Ezechiel and Roland Venables Vernon, the members of the PalestineCurrency Board, reverse purple and green, the Citadel of Jerusalem with the Tower of Davidat centre, value at left and right and low centre (Pick 10b, Dabbah page 155), perforatedCANCELLED, uncirculated and a splendid example of this iconic rarity, exceptional

£30,000-40,000

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230Qatar Monetary Agency, specimen 1 riyal, ND(1973), zero serial numbers, orange-brown andmulticoloured, arms at right, reverse red-brown andmulticoloured, the Port of Doha at left (Pick 1s),perforated, red SPECIMEN overprint, uncirculatedand rare

£350-450

231Qatar Monetary Agency, colour trial 1 riyal, ND(1973), zero serial numbers, violet and multicoloured,arms at right, reverse violet and multicoloured, thePort of Doha at left (Pick 1ct), perforated, redSPECIMEN overprint, uncirculated and rare

£1,200-1,500

232Qatar Monetary Agency, colour trial 5 riyals, ND(1973), zero serial numbers, blue and multicoloured,arms at right, reverse blue and multicoloured, theNational Museum at left (Pick 2ct), perforated, redSPECIMEN overprint, uncirculated and rare

£1,200-1,500

233Qatar Monetary Agency, colour trial 10 riyals, ND(1973), zero serial numbers, purple andmulticoloured, arms at right, reverse purple andmulticoloured, the Monetary Agency building at left(Pick 3ct), perforated, red SPECIMEN overprint,uncirculated and rare

£1,500-1,800

234Qatar Monetary Agency, colour trial 50 riyals, ND(1976), zero serial numbers, brown andmulticoloured, arms at right, reverse brown andmulticoloured, oil platform at left (Pick 4ct),perforated, red SPECIMEN overprint, uncirculatedand rare

£2,500-3,000

235Qatar Monetary Agency, specimen 500 riyals, ND(1973), zero serial numbers, violet and multicoloured,arms at right, reverse violet and multicoloured, theMosque of the Sheikhs at left (Pick 5s), perforated, redSPECIMEN overprint, mounting traces at left margin,otherwise uncirculated and very rare

£2,000-3,000

QATAR MONETARY AGENCY

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236Qatar Monetary Agency, 1 riyal, ND (1973), violetand multicoloured, arms at right, reverse violet andmulticoloured, the Port of Doha at left, also 5 riyals,dark brown and lilac (Pick 1a, 2a), extremely fine andgood very fine (2)

£50-80

237Qatar Monetary Agency, 10 riyals, ND (1973),green and multicoloured, arms at right, reverse greenand multicoloured, the Monetary Agency building atleft (Pick 3a), uncirculated and scarce

£250-300

238Qatar Monetary Agency, 50 riyals, ND (1973), blueand multicoloured, arms at right, reverse blue andmulticoloured, oil refinery at left (Pick 4), almostuncirculated and rare

£2,000-2,500

239Qatar Monetary Agency, a specimen set of the ND(1980-) issue, all zero serial numbers, comprising1 riyal, brown, 5 riyals, purple and multicoloured, 10riyals, green and multicoloured, 50 riyals, blue andmulticoloured, 100 riyals, brown and multicolouredand 500 riyals, blue-green and multicoloured, all armsat right (Pick 7s-12s), ), perforated, red Arabicoverprint on face, red SPECIMEN on reverse, the 1 riyalSPECIMEN on obverse and reverse, uncirculated and arare set (6)

£2,500-3,000

240Qatar Monetary Agency, specimen 500 riyals, ND(1973), zero serial numbers, blue-green and violet,arms at right, reverse blue, violet and multicoloured,oil platform at centre (vertical format reverse), (Pick12s), perforated SPECIMEN OF NO VALUE,uncirculated and very rare

£1,000-1,500

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241Qatar Monetary Agency, a group of the ND (1980-)issue comprising 1, 5, 10, 50 and 100 riyals, all armsat right (Pick 7-12), uncirculated (5)

£200-250

242Qatar Monetary Agency, specimen 1 riyal, ND(1985), zero serial numbers, violet and multicoloured,arms at right, reverse violet and multicoloured, dhow,also an issued example (Pick 13a, s), perforated, redSPECIMEN overprint, uncirculated, rare (2)

£300-400

QATAR CENTRAL BANK

243Qatar Central Bank, a specimen set of the ND(1996) series comprising 1 riyal, violet, 5 riyals,purple, 10 riyals, green, 50 riyals, blue, 100 riyals,brown-green and 500 riyals, blue-green and purple, allarms at right (Pick 14s-19s), first three redSPECIMEN obverse and reverse, last three Arabicoverprint on obverse, SPECIMEN on reverse, perforated,uncirculated and rare (6)

£2,000-2,500

244Qatar Central Bank, 1 riyal (2), 5 riyals (2), 10 riyals,all type of 1986, also 1 riyal (4), 5 riyals (2), 10 riyals,50 riyals, 100 and 500 riyals, all type of 2003, all armsat right (Pick 14a, 15a, 16b, 20-25), uncirculated (15)

£150-200

245Qatar Central Bank, 50 riyals, ND (2003-2007),green and multicoloured, 100 riyals (2), ND, pink-redand multicoloured and 500 riyals, ND, pale blue andmulticoloured, all arms top right, (Pick 23, 26, 27),uncirculated (4)

£120-180

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QATAR AND DUBAI CURRENCY BOARD

A Superb Set of the ND (1960) Series

246Qatar and Dubai Currency Board, 1 riyal, ND (1960-), serial number 154166, green andmulticoloured, dhow, oil derrick and palm at left, reverse green and lilac (Pick 1a), almost uncirculated,fresh, scarce

£200-250

247Qatar and Dubai Currency Board, 5 riyals, ND (1960-), serial number 243926, violet andmulticoloured, dhow, oil derrick and palm at left, reverse violet and brown (Pick 2a), aboutuncirculated, rare

£1,000-1,250

248Qatar and Dubai Currency Board, 10 riyals, ND (1960-), serial number 747914, blue-grey andmulticoloured, dhow, oil derrick and palm at left, reverse blue-grey (Pick 3a), uncirculated, rare

£1,400-1,800

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249Qatar and Dubai Currency Board, 25 riyals, ND (1960-), serial number 932209, blue and multicoloured, dhow, oilderrick and palm at left, reverse blue and lilac (Pick 4a), almost uncirculated, extremely rare in any grade and the ‘missing’note from most collections, lovely

£8,000-12,000

250Qatar and Dubai Currency Board,50 riyals, ND (1960-), serial number768320, red and multicoloured,dhow, oil derrick and palm at left,reverse red and white (Pick 5a),minor mounting traces at left,otherwise original and fresh, almostextremely fine, very rare

£3,500-4,500

251Qatar and Dubai Currency Board,100 riyals, ND (1960-), serialnumber 041688, olive-green andmulticoloured, dhow, oil derrick andpalm at left, reverse olive-green andwhite (Pick 6a), lightly pressed, lightglue residue on reverse, otherwise goodvery fine, attractive and rare

£2,000-2,500

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SAUDI ARABIA MONETARY AGENCY

Haj Pilgrim Receipt Issues

252Saudi Arabia Monetary Agency, 10 riyals, 1953, red serialnumber 400055, green and white, arms at centre, reversegreen and white, text (Pick 1), about very fine, scarce

£700-800

253Saudi Arabia Monetary Agency, Haj Pilgrim ReceiptIssue, a composite obverse essay on board for a 1 riyal, AH1375 (1956), red and pale orange and blue, the entrance tothe Royal Palace in Jeddah at centre, value at each corner(Pick 2 for type), minor differences to the issued notes, uniqueand a lovely example

£7,000-9,000

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254Saudi Arabia Monetary Agency, Haj PilgrimReceipt Issue, a specimen 1 riyal, AH 1375 (1956),red and pale orange and blue, the entrance to theRoyal Palace in Jeddah at centre, value at each corner,reverse brown and white, arms low centre (Pick 2s),black SPECIMEN overprint and black De la Rue ovallow right and top left, perforated, uncirculated and veryrare

£2,000-2,500

255Saudi Arabia Monetary Agency, Haj PilgrimReceipt Issue, 1 riyal, AH 1375 (1956), red and paleorange and blue, the entrance to the Royal Palace inJeddah at centre, value at each corner, reverse brownand white (Pick 2 ), good very fine

£100-120

256Saudi Arabia Monetary Agency, Haj PilgrimReceipt Issue, specimen 5 riyals, AH 1373 (1954),red zero serial numbers, blue and pale red, green andorange, a dhow in Jedda harbour at centre, value ateach corner, reverse blue and multicoloured, arms lowcentre (Pick 3s), red SPECIMEN overprint, goodextremely fine and very rare

£2,000-2,500

257Saudi Arabia Monetary Agency, Haj PilgrimReceipt Issue, 5 riyals, AH 1373 (1954), red serialnumbers, blue and pale red, green and orange, a dhowin Jedda harbour at centre, value at each corner,reverse blue and multicoloured, arms low centre (Pick3), uncirculated, rare in this grade

£450-550

258Saudi Arabia Monetary Agency, Haj PilgrimReceipt Issue, 5 riyals, AH 1373 (1954), red zeroserial numbers, blue and pale red, green and orange, adhow in Jedda harbour at centre, value at each corner,reverse blue and multicoloured, arms low centre (Pick3), good very fine

£100-150

259Saudi Arabia Monetary Agency, Haj Pilgrimreceipt issue, specimen 10 riyals, AH 1373 (1954),red zero serial numbers, green and multicoloured,dhows in Jedda harbour at centre, value at eachcorner, reverse green and white, arms at left and right(Pick 4s), red De la Rue specimen oval at left and right,about uncirculated and very rare

£1,800-2,400

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260Saudi Arabia Monetary Agency, Haj Pilgrimreceipt issue, 10 riyals, AH 1373 (1954), red serialnumbers, green and multicoloured, dhows in Jeddaharbour at centre, value at each corner, reverse greenand white, arms at left and right (Pick 4), uncirculatedthus quite scarce

£200-300

261Saudi Arabia Monetary Agency, Haj Pilgrimreceipt issue, 10 riyals, AH 1373 (1954), red serialnumbers, green and multicoloured, dhows in Jeddaharbour at centre, value at each corner, reverse greenand white, arms at left and right (Pick 4), very fine,blue Arabic handstamp on face

£100-150

262Saudi Arabia Monetary Agency, Haj Pilgrimreceipt issue, 10 riyals, AH 1373 (1954), red serialnumbers, green and multicoloured, dhows in Jeddaharbour at centre, value at each corner, reverse greenand white, arms at left and right (Pick 4), good very fine

£120-180

263Saudi Arabia Monetary Agency, Haj Pilgrimreceipt issue, 10 riyals, AH 1373 (1954), red serialnumbers, green and multicoloured, dhows in Jeddaharbour at centre, value at each corner, reverse greenand white, arms at left and right (Pick 4), very minorgraffiti on reverse, good very fine

£100-150

264Saudi Arabia Monetary Agency, Haj Pilgrimreceipt issue, 10 riyals, AH 1373 (1954), red serialnumbers, green and multicoloured, dhows in Jeddaharbour at centre, value at each corner, reverse greenand white, arms at left and right (Pick 4), good very fine

£120-160

265Saudi Arabia Monetary Agency, 1 riyal (2), AH1379 (1961), red serial numbers, brown andmulticoloured, the Hill of Light at centre, reversebrown-pink, arms at centre (Pick 6), uncirculated andfine (2)

£100-120

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267Saudi Arabia Monetary Agency, specimen 5 riyals,AH 1379 (1961), black zero serial numbers, blue andmulticoloured, fortress at centre, arms top left andright, signature 1, reverse blue and pale lilac, arms atcentre, value top left and right (Pick 7s), red De la RueSPECIMEN oval at left and right, mounting traces,otherwise uncirculated and rare

£1,500-2,000

268Saudi Arabia Monetary Agency, 5 riyals, AH 1379(1961), black serial numbers, blue and multicoloured,fortress at centre, arms top left and right, signature 1,reverse blue and pale lilac, arms at centre, value top leftand right (Pick 7a), uncirculated, scarce

£300-400

266Saudi Arabia Monetary Agency, an obverse and reverse composite essay on board for a 5riyals, AH 1379 (1961), red zero serial numbers, 10 riyals, AH 1373 (1954), red serialnumbers, blue and multicoloured, fortress at centre, arms top left and right, reverse blue andpale lilac, arms at centre, value top left and right (Pick 7 for proposed type), very similar butnot identical to the issued 5 riyal, unique and attractive

£4,000-6,000

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269Saudi Arabia Monetary Agency, 5 riyals (2), AH1379 (1961), red serial numbers, blue andmulticoloured, fortress at centre, arms top left andright, signature 1, reverse blue and pale lilac, arms atcentre, value top left and right (Pick 7a), good very fineand almost very fine (2)

£100-150

270Saudi Arabia Monetary Agency, 5 riyals, AH 1379(1961), red serial numbers, blue and multicoloured,fortress at centre, arms top left and right, signature 2,reverse blue and pale lilac, arms at centre, value top leftand right (Pick 7b), very fine

£80-120

271Saudi Arabia Monetary Agency, 10 riyals (2), AH1379 (1961), maroon serial numbers, green and pink,dhows in the harbour at Jedda at centre, value at eachcorner, signature 1, reverse green, arms at centre (Pick8a), about extremely fine and good fine (2)

£150-180

272Saudi Arabia Monetary Agency, specimen 50 riyals,AH 1379 (1961), black zero serial numbers, purpleand yellow-green, oil derrick at centre, value low leftand right, signature 2, reverse purple, green and lilac,arms at centre (Pick 9bs), red De la Rue oval seal at leftand right, almost uncirculated, very rare

£2,500-3,500

273Saudi Arabia Monetary Agency, 50 riyals, AH 1379(1961), black serial numbers, purple and yellow-green,oil derrick at centre, value low left and right, signature1, reverse purple, green and lilac, arms at centre (Pick9a), almost uncirculated, rare in this grade

£450-550

274Saudi Arabia Monetary Agency, 50 riyals (2), AH1379 (1961), black serial numbers, purple and yellow-green, oil derrick at centre, value low left and right,signature 2, reverse purple, green and lilac, arms atcentre (Pick 9b), good very fine and perforated fine withblue Arabic handstamp (2)

£250-300

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275Saudi Arabia Monetary Agency, 100 riyals, AH1379 (1961), black serial numbers, red andmulticoloured, avenue with buildings and archway,value top left and right, signature 1, reverse red, paleblue and pink, arms at centre (Pick 10a), an originalgood very fine, scarce

£600-800

276Saudi Arabia Monetary Agency, specimen 1 riyal,AH 1379 (1968), black zero serial numbers, purple,lilac and pale blue, Government building at right,value at each corner, signature 2, reverse purple, armsat centre (Pick 11as), uncirculated and very rare

£1,200-1,600

277Saudi Arabia Monetary Agency, specimen 1 riyal,AH 1379 (1968), black zero serial numbers, purple,lilac and pale blue, Government building at right,value at each corner, signature 3, reverse purple, armsat centre (Pick 11bs), minor glue stains on reverse,otherwise uncirculated and very rare

£1,200-1,600

278Saudi Arabia Monetary Agency, 1 riyal (3), AH1379 (1968), black serial numbers, purple, lilac andpale blue, Government building at right, value at eachcorner, signature 2 and signature 3 (2), reverse purple,arms at centre (Pick 11a, b), two good very fine, onealmost uncirculated (3)

£60-80

279Saudi Arabia Monetary Agency, specimen 5 riyals,AH 1379 (1968), black serial numbers, green andpink and pale blue, airport terminal right centre,signature 2, reverse green, dock scene, arms top right(Pick 12as), slight mounting traces on reverse otherwiseextremely fine and very rare

£1,600-2,200

280Saudi Arabia Monetary Agency, 5 riyals, AH 1379(1968), black serial numbers, green and pink and paleblue, airport terminal right centre, signature 2, reversegreen, dock scene, arms top right, also 10 riyals, bluegrey, Mosque at right centre, signature 2 (Pick 12a,13), good very fine (2)

£30-50

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281Saudi Arabia Monetary Agency, specimen 10 riyals,AH 1379 (1968), black zero serial numbers, blue-greyand multicoloured, Mosque right centre, value at eachcorner, signature 2, reverse blue-grey, the Al-Masawall left centre, arms top right (Pick 13s), perforated,red De la Rue oval at left and right, uncirculated andvery rare

£2,000-2,400

282Saudi Arabia Monetary Agency, specimen 10 riyals,AH 1379 (1968), black zero serial numbers, blue-greyand multicoloured, Mosque right centre, value at eachcorner, signature 2, reverse blue-grey, the Al-Masawall left centre, arms top right (Pick 13s), perforated,red De la Rue oval at left and right, mounting traces onreverse, extremely fine and very rare

£1,500-2,000

283Saudi Arabia Monetary Agency, specimen 50 riyals, AH 1379 (1968), blackzero serial numbers, brown, pale blue and multicoloured, courtyard and Mosqueright centre, value top left and low right, arms at centre, signature 2, reversebrown and pale blue, palm trees at centre, arms at left (Pick 14s), perforated, redDe la Rue oval at left and right, red SPECIMEN at centre, slight mounting traceson reverse otherwise almost uncirculated and very rare

£2,500-3,500

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284Saudi Arabia Monetary Agency, 50 riyals, AH 1379(1968), black serial numbers, brown, pale blue andmulticoloured, courtyard and Mosque right centre,value top left and low right, arms at centre, signature2, reverse brown and pale blue, palm trees at centre,arms at left (Pick 14a), extremely fine and scarce

£200-250

285Saudi Arabia Monetary Agency, 50 riyals, AH 1379(1968), black serial numbers, brown, pale blue andmulticoloured, courtyard and Mosque right centre,value top left and low right, arms at centre, signature3, reverse brown and pale blue, palm trees at centre,arms at left (Pick 14b), uncirculated and scarce

£250-300

286Saudi Arabia Monetary Agency, 100 riyals, AH1379 (1968), black serial numbers, red andmulticoloured, Government building right centre,value top left and low right, arms at centre, signature2, reverse red and pale yellow-orange, refinery atcentre (Pick 15a), an original good very fine and scarce

£150-200

287Saudi Arabia Monetary Agency, 1 riyal (3), AH1379 (1977), black serial numbers, brown and lilac,the Hill of Light at centre, 5 riyals (2), green,irrigation canal at centre and 10 riyals, purple, oilplatform at centre, all signature 4 and all have portraitof King Faisal at right (Pick 16, 17b, 18),uncirculated, the 10 good extremely fine (6)

£60-80

288Saudi Arabia Monetary Agency, specimen 50 riyals,AH 1379 (1976), black zero serial numbers, greenand multicoloured, Mosque at centre, King Faisal atright, value at each corner, signature 4, reverse greenand multicoloured, courtyard and Mosque left centre,arms at left (Pick 19s), red oval De la Rue seal at leftand right, perforated, about uncirculated and very rare

£2,000-2,500

289Saudi Arabia Monetary Agency, 50 riyals, AH 1379(1976), black serial numbers, green andmulticoloured, Mosque at centre, King Faisal at right,value at each corner, signature 4, reverse green andmulticoloured, courtyard and Mosque left centre,arms at left (Pick 19), about uncirculated

£60-100

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290Saudi Arabia Monetary Agency, specimen 100riyals, AH 1379 (1976), black zero serial numbers,blue and multicoloured, Mosque at centre, King Abdal-Aziz ibn Saud at right, value at each corner,signature 4, reverse blue and multicoloured, longcolonnade at centre, arms at left (Pick 20s), red De laRue oval at left and right, red SPECIMEN overprint,perforated, about uncirculated and very rare

£2,000-2,500

291Saudi Arabia Monetary Agency, 100 riyals, AH1379 (1976), black serial numbers, blue andmulticoloured, Mosque at centre, King Abd al-Azizibn Saud at right, value at each corner, signature 4,reverse blue and multicoloured, long colonnade atcentre, arms at left (Pick 20), uncirculated, scarce inthis grade

£200-250

292Saudi Arabia Monetary Agency, specimen 1 riyal,AH 1379 (1984), red zero serial numbers low left,black top right, brown and multicoloured, Abbasiddinar at left, King Fahd at right, value at each corner,signature 5, reverse brown and multicoloured, flowersand valley at centre, arms at low right (Pick 21bs), redSPECIMEN overprint in English and in Arabic,uncirculated and rare

£1,000-1,200

293Saudi Arabia Monetary Agency, specimen 5 riyals,AH 1379 (1983), red zero serial numbers low left,black top right, violet and multicoloured, boats at left,King Fahd at right, value at each corner, signature 5,reverse violet and multicoloured, refinery right centre,arms at low right (Pick 22as), red De la Rue oval at leftand right, red SPECIMEN overprint at centre,perforated, uncirculated and rare

£1,200-1,400

294Saudi Arabia Monetary Agency, specimen 10 riyals,AH 1379 (1983), red zero serial numbers low left,black top right, black and multicoloured, fortress atleft, King Fahd at right, value at each corner, signature5, reverse black and multicoloured, palm trees atcentre, arms at low right (Pick 23bs), red SPECIMENoverprint in Arabic on face, in English on reverse,uncirculated and rare

£1,200-1,400

295Saudi Arabia Monetary Agency, a partial proofuniface obverse 10 riyals, AH 1379 (1983), no serialnumbers, black and white, fortress at left, King Fahd atright (Pick 23pr), on large format paper, good extremelyfine and extremely rare

£1,000-1,200

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296Saudi Arabia Monetary Agency, specimen 50 riyals,AH 1379 (1984), red zero serial numbers low left,black top right, green, blue and multicoloured, theMosque of Omar (Dome on the Rock) at left, KingFahd at right, value at left and right, signature 5,reverse brown and multicoloured, flowers and valley atcentre, arms at low right (Pick 24as), red De la Rueoval at left and right, red SPECIMEN overprint,perforated, uncirculated and rare

£1,400-1,600

297Saudi Arabia Monetary Agency, 1 riyal (5), 5 riyals(2), 10 riyals and 50 riyals, all AH 1379 (1983-1984),all King Fahd portrait (Pick 21a, b, 22b, 23b, 24b),uncirculated (9)

£50-60

298Saudi Arabia Monetary Agency, specimen 100 riyal,AH 1379 (1984), red zero serial numbers low left,black top right, purple and multicoloured, Mosque atleft, King Fahd at right, value at each corner, signature5, reverse multicoloured, Mosque at centre, arms atlow right (Pick 25s), red SPECIMEN overprint inArabic on face, Arabic on reverse, uncirculated andrare

£1,400-1,800

299Saudi Arabia Monetary Agency, specimen 500riyals, AH 1379 (1983), red and black zero serialnumbers, blue, green and multicoloured, pilgrimage atMecca at left, King Abd al-Aziz ibn Saud at centre,reverse multicoloured, the Great Mosque at centre(Pick 26as), red Arabic overprint at centre, redSPECIMEN on reverse, uncirculated, rare

£1,800-2,000

300Saudi Arabia Monetary Agency, 500 riyals, AH1379 (1983), red and black serial numbers, blue,green and multicoloured, pilgrimage at Mecca at left,King Abd al-Aziz ibn Saud at centre, reversemulticoloured, the Great Mosque at centre (Pick 26a),almost extremely fine, rare

£100-120

301Saudi Arabia Monetary Agency, 500 riyals, AH1379 (1983), red and black serial numbers, blue,green and multicoloured, pilgrimage at Mecca at left,King Abd al-Aziz ibn Saud at centre, reversemulticoloured, the Great Mosque at centre (Pick26b), uncirculated

£200-250

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302Saudi Arabia Monetary Agency, a group of the 2003centennial commemorative issues comprising 20 riyals(3), 100 riyals (3), 200 riyals and 500 riyals, also 5, 10,50, 100 and 500 riyals, 2007 (Pick 27, 28, 29, 30),uncirculated (13)

£200-250

303A group of hand executed essays by the De la Ruedesigner Morenti, and comprising an obverse andreverse 100 riyals depicting a Mosque and an obverseand reverse design for a 10 riyals depicting on theobverse the Ministry of Petroleum and on the reverse‘Aramco’s largest piece of offshore drilling equipmentwith helicopter landing pad’ (Pick unrecorded),unique and highly unusual (4)

£2,500-3,000

OTTOMAN EMPIRE

304Ottoman Empire, 20 kurush, ND (1851-52),‘Kaime’ issue, pale green and grey, toughra uppercentre, two black seals on reverse (Pick 22, GacirogluMC 7-4-2), good very fine

£200-250

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305Ottoman Empire, 20 kurush, ND (1851-52),‘Kaime’ issue, pale green and grey, toughra uppercentre, two black seals on reverse (Pick 22, GacirogluMC 7-4-2), couple of scuff marks on reverse, good veryfine

£200-250

306Ottoman Empire, 10 kurush, AH 1270 (1854),‘Kaime issue’, pale yellow-cream and black, toughratop centre, reverse one circular black seal of Saffeti(Pick 25 for similar, Gaciroglu MC-10-1-1), tear atright, VG and a rare variety

£300-500

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307Ottoman Empire, 20 kurush, AH 1277 (1861), darkyellow and brown, toughra top centre, reverse, 5 linesof text within wreath and seal of Tevfik (Pick 36,Gaciroglu MC 14-2-2), few spots and edge nicks, tinypiece out of top right corner tip, very fine

£80-120

308Ottoman Empire, 50 kurush, AH 1277 (1861),orange brown, toughra top centre, reverse, 5 lines oftext within wreath and seal of Tevfik (Pick 37,Gaciroglu MC 14-3-2), about extremely fine

£120-150

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309Ottoman Empire, 100 kurush, AH 1277 (1861),grey underprint, toughra top centre, reverse, 5 lines oftext within wreath and seal (Pick 41, Gaciroglu MC14-4-2), good very fine-extremely fine

£120-150

BANQUE IMPERIALE OTTOMANE

310Banque Imperiale Ottomane, 100 kurush (2), 1877,vertical format, brown-lilac and grey, toughra topcentre, horizontal format, black and orange-brown,toughra at centre, both with Seal of Galip and Bankstamp on reverse (Pick 51b, 53a, Gaciroglu HM -5-4),very fine and good very fine (2)

£80-120

311Banque Imperiale Ottomane, 200 piastres, Law of1279 (1863), serial number 033576, green, pink andblue, toughra top centre, payable in Smyrna,ANNULE stamped lower centre, reverse, green andred-brown (Pick 55b, Gaciroglu OB-1-1-5), few edgenicks, tiny hole at centre, very fine

£500-600

312Banque Imperiale Ottomane, specimen 5 livres, Lawof 1326 (1909), dark blue and multicoloured, toughraof Mohammed V top centre, reverse brown and white(Pick 64s, Gaciroglu OB-4-1-2s), perforated, redSPECIMEN overprint, good extremely fine-aboutuncirculated

£300-350

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313Banque Imperiale Ottomane, specimen 100 livres,Law of 1326 (1909), dark green and multicoloured,toughra of Mohammed V top centre, reverse brownand white (Pick 66s, Gaciroglu OB-4-2-2s),perforated, red SPECIMEN overprint, aboutuncirculated

£800-1,000

314Banque Imperiale Ottomane, 1 livre (2), Law of1332 (1914), serial number 0513293 and unissued,brown and multicoloured, toughra of Mohammed Vtop centre, reverse grey-green and white (Pick 68a, r,Gaciroglu OB-6), good very fine and uncirculated (2)

£150-180

STATE NOTES OF THEMINISTRY OF FINANCE

315State Notes of the Ministry of Finance, a collectioncomprising 1⁄4 livres (2), Law of 18 October 1331(1915-16), dark brown and green. 1 livre (2), brown,green and multicoloured, 5 livres, serial numberC 005535, black, dark blue and multicoloured,5 piastres (2), Law of 22 December 1331 (1912),brown and black, 20 piastres (2), purple and black, allwith toughra of Mohammed V top centre (Pick 71,73, 74, 79a, 80a), 5 livres with edge tears very good-fine,balance generally very fine to good very fine, couplebetter (9)

£250-300

316State Notes of the Ministry of Finance, a groupcomprising 1 piastre, green, 21⁄2 piastres (2), red, Lawof 23 May 1332 (1916-17), 5 piastres (6), Law of6 August 1332 (1916-17), black and olive, 20 piastres(3), black and orange, 1 livre (4), black, blue-greenand pink, all with toughra of Mohammed V top centre(Pick 85, 86, 87, 88, 90a, 90b (3)), generally very fine-good very fine, couple better (15)

£120-150

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317State Notes of the Ministry of Finance, a collectioncomprising 5 piastres (3), Law of 4 February 1332(1916-17), green and black, 20 piastres (2), brownand black, 1⁄2 livre (7), red and back, 1 livre (8), brown,black and multicoloured, all with toughra ofMohammed V top centre (Pick 96, 97, 98, 99a (6),99b (2), generally good very fine-extremely fine, couplebetter (20)

£300-350

318State Notes of the Ministry of Finance, 10 livres,Law of 4 February 1332 (1916-17), serial number C011758, brown, blue-grey and multicoloured,toughra of Mohammed V top centre, reverse brownand grey (Pick 101), couple of spots top edge, good veryfine, scarce

£250-300

319State Notes of the Ministry of Finance, 25 livres,Law of 28 March 1333 (1917), serial number F 049315,brown, red and pale blue, toughra of Mohammed Vtop centre, Cavid and Cahid signatures, reverse brownand black (Pick 105, Gaciroglu RS-6-2), edge nicks,short tears top and bottom centre crease, very good

£150-180

320State Notes of the Ministry of Finance, 100 livres,Law of 28 March 1333 (1917), serial numberH 001715, brown, red, brown and multicoloured,toughra of Mohammed V top centre, Cavid and Cahidsignatures, reverse brown and grey (Pick 106), edgenicks, short tears top and bottom centre crease, good fine,scarce

£300-350

321State Notes of the Ministry of Finance, 21⁄2 livres,Law of 28 March 1334 (1918), serial numberB 138040, orange and blue-green, reverse red, brownand green, stamped cinquieme emission, 5 livres, serialnumber D 030845, purple and multicoloured, reversegreen and pink, stamped sixieme emission, both withtoughra of Mohammed V1 top centre (Pick 108c,109b, Gaciroglu RS-6-3), very fine-good very fine

£120-150

322State Notes of the Ministry of Finance, forgeries of10 livres (2), Law of 28 March 1334 (1918), serialnumbers, A013093, 013330, brown, pale blue andyellow, toughra of Mohammed V1 top centre, reversered-brown and pale blue, stamped deuxieme emission(Pick 110x), good very fine and about uncirculated (2)

£120-150

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323State Notes of the Ministry of Finance, specimen,1 livre, Law of 1341 (1926), without serie or serialnumber, green, farmer ploughing with oxen, reversegreen, building (Pick 119s), perforated, red De la Rueseal on reverse, uncirculated

£250-300

324State Notes of the Ministry of Finance, specimen, 5livres, Law of 1341 (1926), without serie or serialnumber, blue and multicoloured, leaping wolf atcentre, reverse blue, bridge and city view (Pick 120s),perforated, red De la Rue seal on reverse, uncirculated

£300-350

325State Notes of the Ministry of Finance, specimen,10 livres, Law of 1341 (1926), without serie or serialnumber, purple and multicoloured, leaping wolf atright, reverse purple, mountains and bridge (Pick121s), trace of red line across front, perforated, red Dela Rue seal on reverse, uncirculated

£300-350

326State Notes of the Ministry of Finance, specimen,50 livres, Law of 1341 (1926), without serie or serialnumber, brown and multicoloured, Kemal Ataturk atright, reverse brown and pale blue, town view andmountains (Pick 122s), perforated, red De la Rue sealon reverse, uncirculated

£600-800

327State Notes of the Ministry of Finance, specimen,100 livres, Law of 1341 (1926), without serie or serialnumber, grey, green and yellow, Kemal Ataturk atright, reverse, Ankara new town (Pick 123s),perforated, red De la Rue seal on reverse, uncirculated,rare

£1,200-1,500

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328State Notes of the Ministry of Finance, specimen, 500 livres, Law of 1341 (1926),without serie or serial number, brown and gold and pale blue, Kemal Ataturk at right,mosque at left reverse, town view (Pick 124s), perforated, red De la Rue seal on reverse,two tiny notches out of right edge, uncirculated, rare

£2,500-3,000

329State Notes of the Ministry of Finance, specimen, 1000 livres, Law of 1341 (1926),without serie or serial number, dark blue and pale, Kemal Ataturk at right, reverse, railroadthrough mountain pass (Pick 125s), perforated, red De la Rue seal on reverse, uncirculated,rare

£2,500-3,000

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330State Notes of the Ministry of Finance, 1 livre, Lawof 1341 (1926), serial number 197646, green, farmerploughing with oxen, reverse green, building (Pick119a), good extremely fine

£120-150

331State Notes of the Ministry of Finance, 5 livres, Lawof 1341 (1926), serial number 162569, blue andmulticoloured, leaping wolf at centre, reverse blue,bridge and city view (Pick 120a), very fine-good veryfine

£200-250

332State Notes of the Ministry of Finance, specimen5 livres, Law of 1341 (1926), without serie or serialnumber, blue and multicoloured, leaping wolf atcentre, reverse blue, bridge and city view (Pick 120s),single tick top margin, De la Rue seal on back, aboutuncirculated

£300-350

333State Notes of the Ministry of Finance, 10 livres,Law of 1341 (1926), serial number 162152, purpleand multicoloured, leaping wolf at right, reversepurple, mountains and bridge (Pick 121a), crisp goodvery fine

£300-350

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334Turkey, Central Bank, specimen 21⁄2 lira, Law of1930 (1939), Serie 00 000000, dark green andmulticoloured, President Ataturk at right, reverse darkgreen, Monument of the Square of the Nation (Pick126), perforated SPECIMEN, red inked X andnumeral on reverse, mounting traces good extremely fine

£150-180

335Turkey, Central Bank, specimen 5 lira (2), Law of1930 (1937), Serie A15 and Serie 00 000000, darkblue and multicoloured, President Ataturk at right,reverse dark green, Monument of Security in Ankara(Pick 127), one with red SPECIMEN overprint, otherperforated SPECIMEN, mounting traces, aboutuncirculated and extremely fine (2)

£300-350

336Turkey, Central Bank, specimen 10 lira (2), Law of1930 (1938), Serie 00000, red-brown andmulticoloured, President Ataturk at right, reverse red-brown, Citadel of Ankara (Pick 128), one with blackSPECIMEN overprint, other perforated SPECIMENand with red inked X on reverse, mounting traces, aboutuncirculated and extremely fine (2)

£300-350

337Turkey, Central Bank, specimen 50 lira, Law of1930 (1938), Serie 00000, purple and multicoloured,President Ataturk at right, reverse purple, angorasheep (Pick 129), perforated SPECIMEN, smallnumerals bottom margin, red inked X and numeral onreverse, mounting traces, extremely fine (2)

£200-250

338Republic of Turkey, a vignette on card of President‘Mustapha Kemal Pacha’ (Kemal Ataturk), ND(c 1926), black and white an ABNC engraving, goodextremely fine and rare

£80-100

TURKEY CENTRAL BANK

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339Turkey, Central Bank, a vignette on card of‘President Ismet Inonu’, ND (c 1940’s), black andwhite an ABNC engraving, good extremely fine andrare

£80-100

340Turkey, Central Bank, specimen 50 kurus, Law of1930 (1944), Serie A’1 000000, brown, green andyellow, President Inonu at centre, reverse brown,Central Bank building (Pick 134), red SPECIMENoverprint, numeral bottom left, red inked X on reverse,pinholes, good very fine-extremely fine

£200-250

341Turkey, Central Bank, 1 lira, Law of 1930 (1942),purple. 21⁄2 lira (1947), brown and multicoloured,both with President Inonu at right, 100 lira (1942),serial number A’1 093834, brown, President Inonu atleft, reverse brown, young girl holding grapes (Pick135, 140, 144a), good very fine-about extremely fine(3)

£300-350

342Turkey, Central Bank, specimen 10 lirasi, law of1930 (1942), zero serial numbers, red-brown,President Inonu at left, value at right, reversered-brown, three local women at centre, value at leftand right (Pick 141s), red SPECIMEN III overprint onobverse and reverse, good extremely fine, scarce

£200-250

343Turkey, Central Bank, uniface proofs on paper50 kurus, Law of 1930 (1942), obverse dark purpleand multicoloured, President Inonu at right, reversepurple, goats (Pick 142), mounted on light card, pencilnotations on reverses, about uncirculated (2)

£200-250

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344Turkey, Central Bank, uniface proofs on paper50 kurus, Law of 1930 (1942), obverse dark purpleand multicoloured, President Inonu at right, reversepurple, goats (Pick 142), mounted on light card, pencilnotations on reverses, about uncirculated (2)

£200-250

345Turkey, Central Bank, specimen 50 kurus, Law of1930 (1942), Serie N1 00000, dark purple andmulticoloured, President Inonu at right, reversepurple, goats (Pick 142s), perforated, red SPECIMENoverprint, about uncirculated

£150-200

346Turkey, Central Bank, uniface proofs on paper50 kurus, Law of 1930 (1942), obverse dark purpleand multicoloured, President Inonu at right now withwhite bowtie, reverse purple, goats (Pick 142A),uncirculated (2)

£200-250

347Turkey, Central Bank, specimen 50 kurus, Law of1930 (1942), Serie E1 00000, purple andmulticoloured, President Inonu at right, reversepurple, goats (Pick 142A), perforated, red SPECIMENoverprint, about uncirculated

£150-200

348Turkey, Central Bank, specimen 50 kurus, Law of1930 (1947), Serie A1 00000, slate blue andmulticoloured, President Inonu at right, reverse slateblue, goats (Pick 143s), perforated, red SPECIMENoverprint, good extremely fine

£150-200

349Turkey, Central Bank, uniface proof on paper forobverse of 500 lira, Law of 1930 (1946), Seri A0000000, dark olive and multicoloured, PresidentInonu at centre, reverse proof on card of factoryworkers in central vignette (Pick 145), obverse mountedon light card, uncirculated (2)

£200-250

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350Turkey, Central Bank, specimen 500 lira, Law of1930 (1946), Seri A1 00000, dark olive andmulticoloured, President Inonu at centre, reverse,factory workers (Pick 145s), perforated, redSPECIMEN overprint twice, about uncirculated

£300-350

351Turkey, Central Bank, uniface proofs on paper1000 lira, Law of 1930 (1946), obverse, dark blue andmulticoloured, President Inonu at right, reverse darkblue and pink, military buglers (Pick 146), mounted onlight card, obverse, perforated, pencil notations on backsuncirculated (2)

£300-350

352Turkey, Central Bank, uniface proof on paper forobverse of 1000 lira, Law of 1930 (1946), dark blueand multicoloured, President Inonu at right, reverseproof on card of military buglers in central vignette(Pick 146), obverse proof mounted on light card,uncirculated (2)

£250-300

353Turkey, Central Bank, uniface proof on paper forobverse of 1000 lira, Law of 1930 (1946), dark blueand multicoloured, President Inonu at right (Pick146), mounted on light card, uncirculated

£200-250

354Turkey, Central Bank, specimen 1000 lira, Law of1930 (1946), Seri A1 00000, dark blue andmulticoloured, President Inonu at right, reverse darkblue and pink, military buglers (Pick 146s), perforated,red SPECIMEN overprint, good extremely fine to aboutuncirculated, scarce

£400-500

355Turkey, Central Bank, specimen 10 lira, Law of1930 (1947), Seri H1 00000, red and multicoloured,President Inonu at right, reverse red, Fountain ofAhmed 111 (Pick 147s), perforated, blue SPECIMENoverprint, about uncirculated

£120-150

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356Turkey, Central Bank, specimen 10 lira, Law of1930 (1948), Seri A1 00000, brown andmulticoloured, President Inonu at right, reversebrown, Fountain of Ahmed III (Pick 148s),perforated, red SPECIMEN overprint, aboutuncirculated

£120-150

357Turkey, Central Bank, uniface proof on paper forobverse of 100 lira, Law of 1930 (1947), dark greenand multicoloured, President Inonu at centre, reverseproof on card of Rumeli-Hissar Fortress in centralvignette (Pick 149), obverse proof perforated andmounted on light card, uncirculated (2)

£250-300

358Turkey, Central Bank, uniface proofs on paper forobverse of 100 lira, Law of 1930 (1947), dark greenand multicoloured, President Inonu at centre (Pick149), perforated and mounted on light card,uncirculated (2)

£350-400

359Turkey, Central Bank, specimen 100 lira, Law of1930 (1947), dark green and multicoloured, PresidentInonu at centre, reverse, green and pink, Rumeli-Hissar Fortress (Pick 149s), about uncirculated

£200-250

360Turkey, Central Bank, specimen 21⁄2 lira, Law of1930 (1957), lilac and multicoloured, PresidentAtaturk at right, reverse, red, Central bank building(Pick 152s), perforated, black De la Rue seals on eachside, mounting traces, about uncirculated

£120-150

361Turkey, Central Bank, specimen 10 lira (2), Law of1930 (1953 and 1960), Serie 00 00000, dark greenand multicoloured, President Ataturk at right, firstreverse, red, river and bridge, second green, samedesign (Pick 160s, 161s), perforated, GEMEZoverprint in red on first and black on second, mountingtraces, good very fine and extremely fine (2)

£150-200

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362Turkey, Central Bank, 10 lira, Law of 1930 (1960),serial number A37 342700, dark green andmulticoloured, President Ataturk at right, first reversegreen, river and bridge (Pick 161), good extremely fine

£80-120

363Turkey, Central Bank, 50 lira, Law of 1930 (1951),serial number S99 013526, brown and multicoloured,President Ataturk at right, first reverse brown, statueof soldier (Pick 162), uncirculated

£120-150

364Turkey, Central Bank, colour trial 500 lira, Law of1930 (1959), serial number 00000, green andmulticoloured, President Ataturk at right, reversegreen, hippodrome and mosque, pencil date‘Oct.1952’ top margin (Pick 171), perforated, redSPECIMEN overprint, uncirculated

£300-350

365Turkey, Central Bank, colour trial 1000 lira, Law of1930 (1953), serial number 00000, purple andmulticoloured, President Ataturk at right, reversepurple, view over fortress and across Bosporus (Pick172), perforated, red SPECIMEN overprint, aboutuncirculated-uncirculated,

£400-500

366Turkey, Central Bank, group of notes, 1968-2005,comprising 5 lira (3), 10 lira, 1968-70, 5 lira (2), 10lira (2), 20 lira (2), 50 lira (2), 100 lira (2), 500 lira(2), 1000 lira, 1971-76, 10 lira (2), 100 lira (2), 500lira (2), 1000 lira (2), 5000 lira (4), 10,000 lira (2),20,000 lira, 50,000 lira, 100,000 lira, 250,000 lira (2),500,000 lira, 1 million lira, 5 million lira, 1979-1998,1 (2), 5, 10, 20, 50 and 100 new lira, 2005, all withPresident Ataturk at right (Pick 179, 180, 187a, 188,189, 190, 191, 192, 194a, 194b, 195, 196, 196A (2),197, 198, 199, 202, 203a, 206-211, 216-221),generally uncirculated (47)

£250-300

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367United Arab Emirates Currency Board, specimen1 dirham, ND (1973), zero serial numbers, dark greenand multicoloured, arms (dhow, palm tree, camels andoil derrick) at left, value at each corner (Pick 1s),perforated, red De la Rue seal at left and right, redSPECIMEN at centre, uncirculated and rare

£800-900

368United Arab Emirates Currency Board, specimen5 dirhams, ND (1973), zero serial numbers, darkpurple and multicoloured, arms (dhow, palm tree,camels and oil derrick) at left, value at each corner(Pick 2s), perforated, red De la Rue seal at left andright, red SPECIMEN at centre, uncirculated and rare

£1,000-1,200

369United Arab Emirates Currency Board, specimen10 dirhams, ND (1973), zero serial numbers, darkblue-grey and multicoloured, arms (dhow, palm tree,camels and oil derrick) at left, value at each corner(Pick 3s), perforated, red De la Rue seal at left andright, red SPECIMEN at centre, uncirculated and rare

£1,000-1,200

370United Arab Emirates Currency Board, specimen50 dirhams, ND (1973), zero serial numbers, dark redand multicoloured, arms (dhow, palm tree, camels andoil derrick) at left, value at each corner (Pick 4s),perforated, red De la Rue seal at left and right, redSPECIMEN at centre, uncirculated and rare

£1,500-2,000

UNITED ARAB EMIRATESCURRENCY BOARD

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371United Arab Emirates Currency Board, specimen 100 dirhams, ND (1973), zeroserial numbers, dark green and multicoloured, arms (dhow, palm tree, camels andoil derrick) at left, value at each corner (Pick 5s), perforated, red De la Rue seal atleft and right, red SPECIMEN at centre, uncirculated and rare

£1,500-2,000

372United Arab Emirates Currency Board, specimen 1000 dirhams, ND (1973),zero serial numbers, dark green and multicoloured, arms (dhow, palm tree, camelsand oil derrick) at left, value at each corner (Pick 6s), perforated, red De la Rue sealat left and right, red SPECIMEN at centre, uncirculated and rare

£2,000-2,500

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373United Arab Emirates Currency Board, 1, 5 and10 dirhams, ND (1973), green, purple and grey-bluerespectively, arms (dhow, palm tree, camels and oil derrick)at left, value at each corner (Pick 1a, 2a, 3a), uncirculated,the 10 dirhams a fresh good very fine, scarce (3)

£150-200

374United Arab Emirates Currency Board, 50 dirhams, ND(1973), red and multicoloured, arms (dhow, palm tree,camels and oil derrick) at left, value at each corner (Pick 4a),uncirculated and scarce

£300-400

375United Arab Emirates Currency Board,100 dirhams, ND (1973), olive-green and multicoloured,arms (dhow, palm tree, camels and oil derrick) at left, valueat each corner (Pick 5a), almost uncirculated and rare

£400-500

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376United Arab Emirates Central Bank, specimen5 dirhams, ND (1982), zero serial numbers, pink-brown and multicoloured, Sharjah market at right(Pick 7s), red Arabic overprint on obverse, redSPECIMEN on reverse, perforated SPECIMEN,uncirculated and rare

£200-250

377United Arab Emirates Central Bank, specimen10 dirhams, ND (1982), zero serial numbers, greenand multicoloured, Arab dagger at right (Pick 8s), redArabic overprint on obverse, red SPECIMEN on reverse,perforated SPECIMEN, uncirculated and rare

£200-250

378United Arab Emirates Central Bank, specimen50 dirhams, ND (1982), zero serial numbers, violetand multicoloured, Oryx at right (Pick 9s), red Arabicoverprint on obverse, red SPECIMEN on reverse,perforated SPECIMEN, uncirculated and rare

£300-350

379United Arab Emirates Central Bank, specimen100 dirhams, ND (1982), zero serial numbers, red andmulticoloured, Al Fahidie fort at right (Pick 10s), redArabic overprint on obverse, red SPECIMEN on reverse,perforated SPECIMEN, uncirculated and rare

£350-450

380United Arab Emirates Central Bank, specimen500 dirhams, ND (1982), zero serial numbers, blueand multicoloured, sparrowhawk at right (Pick 11s),red Arabic overprint on obverse, red SPECIMEN onreverse, perforated SPECIMEN, uncirculated and rare

£800-1,000

381United Arab Emirates Central Bank, 500 dirhams,1983, serial number 319089, blue and multicoloured,sparrowhawk at right, reverse blue, the Dubai Mosqueleft centre, falcon at left (Pick 11a), uncirculated,scarce

£300-400

UNITED ARAB EMIRATESCENTRAL BANK

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383United Arab Emirates Central Bank, specimen20 dirhams, AH 1418 (1997), serial number 017000000, blue and multicoloured, the Dubai yacht clubat right, reverse blue, dhow and falcon (Pick 21s),uncirculated, rare

£1,200-1,400

384United Arab Emirates Central Bank, 5, 10 and100 dirhams, 1982 brown, green and red respectively(Pick 7a, 8a, 10a), uncirculated (3)

£120-140

382United Arab Emirates Central Bank, specimen 1000dirhams, ND (1982), zero serial numbers, violet andmulticoloured, ornamental jug at right, value at each corner,reverse brown and pale green, falcon and bridge (Pickunrecorded type), red Arabic overprint on obverse, redSPECIMEN on reverse, perforated SPECIMEN, uncirculatedand this type not recorded, extremely rare

£3,000-4,000

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385United Arab Emirates Central Bank, specimen200 dirhams, AH 1410 (1989), zero serial numbers,brown and multicoloured, Sharia court building atright, reverse multicoloured, falcon and Central Bankbuilding left centre (Pick 16s), red De la Rue ovals andred SPECIMEN overprint, mounting traces, inknumeral, perforated, good extremely fine and rare

£1,500-2,000

386United Arab Emirates Central Bank, specimen500 dirhams, AH 1410 (1989), zero serial numbers,brown and multicoloured, Sharia court building atright, reverse multicoloured, falcon and Central Bankbuilding left centre (Pick 17s), perforated SPECIMENOF NO VALUE, almost uncirculated and rare

£1,500-2,000

387United Arab Emirates Central Bank, 5 dirhams,2001, 10 dirhams (2), 1998, 2001, 20 dirhams, 2000,100 dirhams, 1998 (Pick 19b, 20a, 20b, 21b, 23),uncirculated (5)

£100-150

388United Arab Emirates Central Bank, 500 dirhams,AH 1420 (2000), serial number 102884993, blue andmulticoloured, sparrowhawk at right, reverse blue, theDubai Mosque left centre, falcon at left (Pick 24b),uncirculated, scarce

£150-200

389United Arab Emirates Central Bank, 100 dirhams,2003, red and 200 dirhams, 2005, brown (Pick 30a),uncirculated (2)

£150-200

390United Arab Emirates Central Bank, 1000 dirhams,2006, serial number 131819232, brown andmulticoloured, a corner tower at the palace (Pick 33),uncirculated, scarce

£200-250

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391United Arab Emirates Central Bank, 1000 dirhams,2006, serial number 161508615, brown andmulticoloured, a corner tower at the palace (Pick 33),uncirculated, scarce

£200-250

392United Arab Emirates Central Bank, 5, 10, 20,50 (2), 100 and 500 dirhams, 2007-2008, (Pick -,32b) uncirculated (7)

£150-200

393United Arab Emirates Central Bank, 500 dirhams,2008, blue and multicoloured, sparrowhawk at leftand 1000 dirhams, 2008, brown and mulicoloured,palace tower at right (Pick 32b), uncirculated (2)

£250-300

YEMEN ARAB REPUBLIC,CURRENCY BOARD

394Yemen, Arab Republic, Currency Board, 1 rial (2),ND (1967), green, signature 2 and colour trial, serialnumber 1/1 000000, blue, Arms at left, reverse,houses in Sana’a (Pick 1b, 1), uncirculated and colourtrial perforated, red SPECIMEN overprint, aboutuncirculated-uncirculated (2)

£80-120

395Yemen, Arab Republic, Currency Board, specimen5 rials, ND (1964), serial number 1/1 000000, redand multicoloured, Arms at left, signature 1, reversered, Lion of Timna (Pick 2s), perforated, blackSPECIMEN overprint, extremely fine

£80-120

396Yemen, Arab Republic, Currency Board, specimen10 rials, ND (1964), blue-green and multicoloured,signature 1 and colour trial, purple and multicoloured,both serial number 1/1 000000, Arms at left, reverse,Dam (Pick 3s, 3), perforated, red SPECIMENoverprints, extremely fine and uncirculated (2)

£200-250

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397Yemen, Arab Republic, Currency Board, 10buqshas (2), ND (1966), brown, plus colour trial,maroon and multicoloured, serial number 1/1000000, Lion of Timna at left, reverse, ancientdedication stone from temple at Ma’rib (Pick 4),colour trial with red SPECIMEN overprint,uncirculated (3)

£120-150

398Yemen, Arab Republic, Currency Board, 20buqshas (2), ND (1966), green, colour trial in blue-grey and multicoloured, serial number 1/1 000000,tall alabaster head at left, reverse, ruins of the Bara’antemple (Pick 5), colour trial with red SPECIMENoverprint, uncirculated (3)

£120-150

399Yemen, Arab Republic, Currency Board, 1 rial (2),ND (1969), specimen, green and multicoloured,colour trial in blue, both with 000000 serial numbers,alabaster head at left, reverse, houses in Sana’a(Pick 6s, 6), perforated, red SPECIMEN overprint,uncirculated (2)

£100-120

400Yemen, Arab Republic, Currency Board, 5 rials (2),ND (1969), specimen, red and multicoloured, colourtrial in olive brown, both with 000000 serial numbers,bronze head of lion at left, reverse, Lion of Timna(Pick 7s, 7), perforated, red SPECIMEN overprint, firstwith clip mark top edge, good extremely fine, seconduncirculated (2)

£150-200

401Yemen, Arab Republic, Currency Board, 10 rials(3), ND (1969), specimen (2), blue-green andmulticoloured, colour trial in brown, all serial number1/6 000000, Shadhili Mosque at left, reverse, Dam(Pick 8s, 8), perforated, red SPECIMEN overprint, firsttwo good extremely fine-about uncirculated, lastuncirculated (3)

£300-350

402Yemen, Arab Republic, Currency Board, 20 rials(2), ND (1971), specimen, purple and multicoloured,colour trial in purple and green, serial numbers 1/1000000, Palace on the rock at Wadi Dahr at left,reverse, view over Sana’a, second with pencil notationin bottom margin and another on back ‘Recd withB.W...3/4/69’ (Pick 9s, 9), perforated, redSPECIMEN overprint, extremely fine and goodextremely fine (2)

£200-250

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406Yemen, Arab Republic, Central Bank, 5 rials, ND(1973), red and multicoloured, buildings in WadiDu’an at left, reverse, Beit al Midie, specimen, serialnumber 1/24 000000 and colour trial in blue-grey,serial number 1/1 000000 (Pick 12a, s, ct), specimenand colour trial perforated, red SPECIMEN overprint,colour trial about uncirculated-uncirculated, othersuncirculated (3)

£120-200

407Yemen, Arab Republic, Central Bank, 10 rials (3),ND (1973), issued notes with signature 5, 7 (2), blue-green and multicoloured, bronze head of KingDhamer Ali at left, reverse Republican Palace inSana’a, specimens, serial number 1/24 000000,signature 5, serial number 1/1 000000, signature 7,colour trial in maroon, serial number 1/1 000000,signature 5 (Pick 13a, b, s, ct), issued notesuncirculated, balance perforated, red SPECIMENoverprint, good extremely fine to about uncirculated (6)

£250-300

405Yemen, Arab Republic, Central Bank, 1 rial (3), ND(1973), issued notes with signature 5 (2), 7, dark greenand multicoloured, Al Baqilyah Mosque at left, reverse,coffee plants, specimen, serial number 1/1 000000, andcolour trial in dark brown, serial number 1/1 000000(Pick 11a, b, s, ct), specimen and colour trial perforated,red SPECIMEN overprint, uncirculated (5)

£120-150

403Yemen, Arab Republic, Currency Board, 50 rials(2), ND (1971), serial number 1⁄2 467360, specimen,serial number 1/1 000000, dark olive green andmulticoloured, crossed jambiyas at left, reverse, coffeebranch and tree (Pick 10), perforated, red SPECIMENoverprint, good extremely fine and extremely fine (2)

£120-150

404Yemen, Arab Republic, Currency Board, colourtrial 50 rials, ND (1971), serial number 1/1 000000,red and multicoloured, crossed jambiyas at left,reverse, coffee branch and tree, pencil notation topmargin, ‘Recd with BW...3/4/69’ (Pick 10),perforated, black SPECIMEN overprint, good extremelyfine

£120-150

YEMEN ARAB REPUBLIC,CENTRAL BANK

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408Yemen, Arab Republic, Central Bank, specimen 20rials, ND (1973), serial number 1/11 000000, purpleand multicoloured, marble statue at left, reverse,terraced slopes, plus colour trial in light maroon, serialnumber 1/1 000000 (Pick 14s, ct), perforated, redSPECIMEN overprint, about uncirculated (2)

£150-200

409Yemen, Arab Republic, Central Bank, 50 rials, ND(1973), issued notes (3), signature 7, dark olive green,bronze statue of Ma’adkarib at left, reverse, Bab alYemen gateway, specimens, serial number, 1/13000000, signature 5, 1/1 000000, signature 7 (Pick15b, s), issued notes good very fine to uncirculated,specimens perforated, red SPECIMEN overprint, aboutuncirculated to uncirculated (5)

£120-150

410Yemen, Arab Republic, Central Bank, specimen100 rials (2), ND (1976), serial number 1/13000000, violet and multicoloured, marble sculpture ofcherub and griffin left, signature 5, reverse, view overTa’izz, ND (1984), serial number 1/1 000000,signature 7, same front but reverse with Central Bankof Yemen and proof reverse of 1993 design with viewof Sana’a (Pick 16s, 21As, 28), perforated, redSPECIMEN overprint (3), uncirculated

£150-200

411Yemen, Arab Republic, Central Bank, group ofnotes comprising 1979-85, 1 rial (2), 5 rials (2), 10rials, 20 rials (4), 20 rials specimen, 1/1 000000, 100rials (5), 1990-97, 5 rials, 10 rials (3), 20 rials (2), 50rials, 100 rials, 200 rials, 500 rials 1998 onwards 500rials, 2001, 2007, 100 rials, 1998, 2004, 2009 (Pick16B, 17b, c (2), 18b, 19as, b (2), c (2), 21 (3), 21A(2), 23, 24 (2), 26b, 27, 28, 29, 30), specimenperforated, red SPECIMEN overprint, generallyuncirculated (30)

£150-200

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412Yemen, Democratic Republic, South ArabianCurrency Authority, group of notes comprising250 fils (2), ND (1965), 5 dinars (2) and 10 dinars,ND (1965), Dhow sailing through Aden Harbour,reverse, date palm (Pick 1b, 4b, 5), first twouncirculated, 5 dinars good very fine and good extremelyfine, 10 dinars with graffiti, very fine (5)

£60-80

413Yemen, Democratic Republic, South ArabianCurrency Authority, specimens comprising 250 fils,brown, 500 fils, green, 1 dinar, blue and 5 dinars, red,ND (1965), all A1 000000, dhow sailing throughAden harbour, reverse date palm (Pick 1s, 2s, 3s, 4s),perforated in corners, red SPECIMEN overprint,uncirculated (4)

£500-600

414Yemen, Democratic Republic, South ArabianCurrency Authority, original artwork obverse andreverse model/proof, 250 fils, ND (c.1964), serialnumber A 000000, brown and pale blue, dhow sailingthrough Aden Harbour, reverse, brown, pale greenand violet, date palm (Pick 1), mounted on cardbacking, about uncirculated, unique (2)

£600-800

415Yemen, Democratic Republic, South ArabianCurrency Authority, original artwork obverse andreverse model/proof 500 fils, ND (c.1964), serialnumber A 000000, green and pale blue, dhow sailingthrough Aden Harbour, reverse, green and orange,date palm (Pick 2), mounted on card backing, aboutuncirculated, unique (2)

£600-800

YEMEN DEMOCRATIC REPUBLIC,SOUTH ARABIAN CURRENCY AUTHORITY

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416Yemen, Democratic Republic, South ArabianCurrency Authority, original artwork obverse andreverse model/proof 1 dinar, ND (c.1964), serialnumber A 000000, shades of blue, dhow sailingthrough Aden Harbour, reverse, blue and pale green,date palm (Pick 3), mounted on card backing, aboutuncirculated, unique (2)

£600-800

417Yemen, Democratic Republic, South ArabianCurrency Authority, specimen 5 dinars, ND (1965),serial number G2 000000, red and multicoloured,dhow sailing through Aden Harbour, reverse, datepalm (Pick 4s), perforated, red SPECIMEN overprintand De la Rue seals, extremely fine

£120-150

418Yemen, Democratic Republic, South ArabianCurrency Authority, original artwork obversemodel/proof 10 dinars, ND (c.1964), serial number A000000, red and orange, dhow sailing through AdenHarbour (Pick 4), mounted on card backing which hasheavy mounting residue on reverse, not affecting proof,about uncirculated, unique

£800-1,000

419Yemen, Democratic Republic, Bank of Yemen, 500fils, 1 dinar, 5 dinars (3) and 10 dinars, ND (1984),Dhow sailing through Aden Harbour, reverse, datepalm (Pick 6, 7, 8a, b (2), 9a, b), Pick 6, 8a, 9a aregood very fine to extremely fine, balance uncirculated(7)

£120-150

THE END OF THE SALE

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tel. home ______________________________________________ tel. offiCe ____________________________________________

fax ____________________________________________________ e-mail ________________________________________________

signature _______________________________________________ vat number ___________________________________________

please indicate the type of card: visa visa debit masterCard sWitCh ameriCan express

PAYMENT MADE BY MASTERCARD OR VISA ARE SUBJECT TO A 2% SURCHARGE AND AMERICAN EXPRESS 4%

Card no: start date: issue no: seCurity Code:

signature expiry date name (on Credit Card)

please charge all purchases to my card

do not charge my card. i will arrange to send payment. (spink will only charge your card should you default on the payment terms agreed)

please hold my purchased lots for collection Continued ...

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sale title date Code name sale no.

The George Kanaan Collection of Thursday 4 October 2012 CEDAR 12047Banknotes of the Middle East at 2.00 p.m.

i request spink, without legal obligations of any kind on its part, to bid on the following lots up to the price given below.i understand that if my bid is successful the purchase price payable will be the sum of the final bid and a premium as a percentage of the final bid (together with any vatchargeable). the rate of premium is 20% of the final hammer price of each lot.

all bids shall be treated as offers made on the terms and Conditions for buyers printed in the catalogue. i also understand that spink provides the service of executingbids on behalf of clients for the convenience of clients and that spink will not be held responsible for failing to execute bids. if identical commission bids are received forthe same lot, the commission bid received first by spink will take precedence. please note that you will not be notified if there are higher written bids received. if yourequire such notification then this is available on bids made via spink live bidding service.

BIDDERS PLEASE NOTE OUR EXTENSION CLAUSES ON PAGE 2PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

lot number(in numerical order)

price bid £(excluding buyer’s premium)

lot number(in numerical order)

price bid £(excluding buyer’s premium)

lot number(in numerical order)

price bid £(excluding buyer’s premium)

THE GEORGE KANAAN COLLECTION OFBANKNOTES OF THE MIDDLE EAST

4OCTOBER 2012

LONDON

69 Southampton Row, Bloomsbury,London WC1B 4ETtel: +44 (0)20 7563 4020fax: +44 (0)20 7563 4037

YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE.JUST VISIT WWW.SPINK.COM TO REGISTER

WRITTEN BIDS FORM

this form should be sent or faxed to thespink auction office in advance of the sale.references for new clients should besupplied in good time to be taken upbefore the sale. bids received later thanone hour before the start of the sale maynot be processed.

name ______________________________________________________

address ____________________________________________________

____________________________________________________________

____________________________________________________________

postCode ___________________________________________________

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PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK

trade referenCes ________________________________________________________________________________________

banK referenCes _____________________________________________________________________________________________________

lot number(in numerical order)

price bid £(excluding buyer’s premium)

lot number(in numerical order)

price bid £(excluding buyer’s premium)

lot number(in numerical order)

price bid £(excluding buyer’s premium)

date sale no.

Thursday 4 October 2012 12047at 2.00 p.m.

VAT is chargeable on the hammer andthe premium of daggered (†) and (Ω)lots at the standard rate (currently20%), and on lots marked (x) at thereduced rate (currently 5% on thehammer and 20% on the premium).vat on margin scheme lots is payableat 20% on the premium only.

BIDDING INCREMENTSbidding generally opens below the low estimate and advances in the following orderalthough the auctioneer may vary the bidding increments during the course of theauction. the normal bidding increments are:up to £100 by £5£100 to £300 by £10£300 to £600 £320-£350-£380-£400 etc.£600 to £1,000 by £50

£1,000 to £3,000 by £100£3,000 to £6,000 £3,200-£3,500-£3,800-£4,000 etc.£6,000 to £20,000 by £500

£20,000 and up auctioneer’s discretion

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TERMS AND CONDITIONS FOR BUYERSThese conditions set out the terms on which we (Spink and Son Limited of 69 Southampton Row, Bloomsbury London WC1B 4ET (company no. 04369748)) contractwith you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.

Spink Uni (07/11) (20)

1 DEFINITIONSThe following definitions in this condition apply in these conditions.

Auctioneers’ Margin Scheme means a VAT margin scheme as defined by HM Revenue & Customs;

Buyer’s Premium means the charge payable by you as a percentage of the Hammer Price, at the rates set out in clause 5.1 below;

Certificate of Authenticity means a certificate issued by an Expert Committee confirming the authenticity of a Lot;

Expert Committee means a committee of experts to whom a Lot may be sent for an extension in accordance with clause 3.4.3;

Forgery means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as toauthorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the descriptionin the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordancewith the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/orrestoration work of any kind (including re-enamelling);

Hammer Price means the amount of the highest bid accepted by the auctioneer in relation to a Lot;

Lot means any item deposited with us for sale at auction and, in particular, the item or items described against any Lot number in anycatalogue;

Reserve the amount below which we agree with the Seller that the Lot cannot be sold;

Seller means the owner of the Lot being sold by us;

Spink Group Spink and Son Limited, our subsidiaries and associated companies.

VAT value added tax chargeable under VAT and any similar replacement or additional tax; and

VAT Symbols means the symbols detailing the VAT status of the Lot details of which are set out at the back of the catalogue.

2 SPINK’S ROLE AS AGENT

2.1 All sales undertaken by us either at auction or privately are undertakeneither as agent on behalf of the Seller or from time to time, as principalif we are the owner of the Lot. Please note that even if we are acting asagent on behalf of the Seller rather than as principal, we may have afinancial interest in the Lot.

2.2 The contract for the sale of the Lot will be between you and the Seller.

3 BEFORE THE SALE

3.1 Examination of goodsYou are strongly advised to examine personally any goods in which youare interested, before the auction takes place. Condition reports areusually available on request. We provide no guarantee to you otherthan in relation to Forgeries, as set out in clause 5.13 of these Termsand Conditions.

3.2 Catalogue descriptions

3.2.1 Statements by us in the catalogue or condition report, or madeorally or in writing elsewhere, regarding the authorship, origin,date, age, size, medium, attribution, genuineness, provenance,condition or estimated selling price of any Lot are merelystatements of opinion, and are not to be relied on as statements ofdefinitive fact. Catalogue illustrations are for guidance only, andshould not be relied on either to determine the tone or colour ofany item or to reveal imperfections. Estimates of the selling priceshould not be relied on as a statement that this price is either theprice at which the Lot will sell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their beingin perfect condition and some descriptions in the catalogue or givenby way of condition report make reference to damage and/orrestoration. We provide this information for guidance only and theabsence of such a reference does not imply that an item is free fromdefects or restoration nor does a reference to particular defectsimply the absence of any others.

3.2.3 Other than as set out in clause 5.13, and in the absence of fraud,neither the Seller nor we, nor any of our employees or agents, areresponsible for the correctness of any statement as to theauthorship, origin, date, age, attribution, genuineness orprovenance of any Lot nor for any other errors of description or forany faults or defects in any Lot.

3.3 Your ResponsibilityYou are responsible for satisfying yourself as to the condition of thegoods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only3.4.1 If you wish to obtain an expert opinion or Certificate of

Authenticity on any Lot (other than a mixed Lot or Lot containingundescribed stamps) you must notify us in writing not less thanforty-eight hours before the time fixed for the commencement of

the first session of the sale. If accepted by us, such request shall havethe same effect as notice of an intention to question thegenuineness or description of the Lot for the purposes of clause5.13 (Refund in the case of Forgery) of these Terms andConditions and the provisions of clause 5.13 (Refund in the case ofForgery) shall apply accordingly.

3.4.2 Notice of a request for an expert opinion or Certificate ofAuthenticity must give the reason why such opinion is required andspecify the identity of your proposed expert which will be subjectto agreement by us. We reserve the right, at our discretion, torefuse a request for an expert opinion or Certificate of Authenticityincluding (without limitation) where the proposed expert is notknown to us.

3.4.3 If we accept a request for an expert opinion or Certificate ofAuthenticity we will submit the Lot to the Expert Committee. Youacknowledge and accept that the length of time taken by an ExpertCommittee to reach an opinion will vary depending on thecircumstances and in any event is beyond our control.

3.4.4 We will not normally accept a request for an extension onaccount of condition. Any Lot described in the catalogue as havingfaults or defects may not be returned even if an expert opinion orCertificate of Authenticity cites other faults or defects not includedin the catalogue description, other than in the case of a Forgery.

3.4.5 Should Spink accept a request for an extension under theforegoing provisions of this paragraph, the fact may be stated by theAuctioneer from the rostrum prior to the sale of the Lot.

3.4.6 It should be noted that any stamp accompanied by a Certificateof Authenticity is sold on the basis of that Certificate only and noton the basis of any other description or warranty as to authenticity.No request for an extension will be accepted on such a stamp andthe return of such a stamp will not be accepted.

4 AT THE SALE

4.1 Refusal of admissionOur sales usually take place on our own premises or premises overwhich we have control for the sale, and we have the right, exercisableat our complete discretion, to refuse admission to the premises orattendance at an auction.

4.2 Registration before biddingYou must complete and sign a registration form and provideidentification before making a bid at auction. Please be aware that weusually require buyers to undergo a credit check.Some lots may be designated, prior to the auction, as “Premium Lots”,which means a deposit may be required before placing a bid on theitem for sale. Information will be posted on our website in such anevent.

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4.3 Bidding as PrincipalWhen making a bid (whether such bids are made in person or byway of telephone bids operated by Spink, commission or online oremail bids), you will be deemed to be acting as principal and will beaccepting personal liability, unless it has been agreed in writing, at thetime of registration, that you are acting as agent on behalf of a thirdparty buyer acceptable to us.

4.4 Commission BidsIf you give us instructions to bid on your behalf, by using the formprovided in our catalogues or via our website, we shall use reasonableendeavours to do so, provided these instructions are received not laterthan 24 hours before the auction. If we receive commission bids on aparticular Lot for identical amounts, and at auction these bids are thehighest bids for the Lot, it will be sold to the person whose bid wasreceived first. Commission bids are undertaken subject to othercommitments at the time of the sale, and the conduct of the auctionmay be such that we are unable to bid as requested. Since this isundertaken as a free service to prospective buyers on the terms stated,we cannot accept liability for failure to make a commission bid. Youshould therefore always attend personally if you wish to be certain ofbidding.

4.5 On-line BiddingWe offer internet services as a convenience to our clients. We will notbe responsible for errors or failures to execute bids placed on theinternet, including, without limitation, errors or failures caused by (i) aloss of internet connection by either party for whatever reason; (ii) abreakdown or problems with the online bidding software and/or (iii)a breakdown or problems with your internet connection, computer orsystem. Execution of on-line internet bids is a free service undertakensubject to other commitments at the time of the auction and we do notaccept liability for failing to execute an online internet bid or for errorsor omissions in connection with this activity.

4.6 Telephone BidsIf you make arrangements with us not less than 24 hours before thesale, we shall use reasonable endeavours to contact you to enable youto participate in bidding by telephone, but in no circumstances will webe liable to either the Seller or you as a result of failure to do so.

4.7 Currency ConverterAt some auctions, a currency converter will be operated, based on theone month forward rates of exchange quoted to us by Barclays BankPlc or any other appropriate rate determined by us, at opening on thedate of the auction. Bidding will take place in a currency determined byus, which is usually sterling for auctions held in London. The currencyconverter is not always reliable, and errors may occur beyond ourcontrol either in the accuracy of the Lot number displayed on theconverter, or the foreign currency equivalent of sterling bids. We shallnot be liable to you for any loss suffered as a result of you following thecurrency converter.

4.8 Video imagesAt some auctions there will be a video screen. Mistakes may occur in itsoperation, and we cannot be liable to you regarding either thecorrespondence of the image to the Lot being sold or the quality of theimage as a reproduction of the original.

4.9 Bidding IncrementsBidding generally opens below the low estimate and advances in thefollowing order although the auctioneer may vary the biddingincrements during the course of the auction. The normal biddingincrements are:

Up to £100 by £5£100 to £300 by £10£300 to £600 £320-£350-£380-£400 etc.£600 to £1,000 by £50£1,000 to £3,000 by £100£3,000 to £6,000 £3,200-£3,500-£3,800-£4,000 etc.£6,000 to £20,000 by £500£20,000 and up Auctioneer’s discretion

4.10 Bidding by Spink4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up to

the amount of the Reserve (if any), which will never be above thelow estimate printed in the auction catalogue.

4.10.2 The Spink Group reserves the right to bid on and purchaseLots as principal.

4.11 The Auctioneer’s DiscretionThe auctioneer has the right at his absolute discretion to refuse any bidto advance the bidding in such manner as he may decide to withdrawor divide any Lot, to combine any two or more Lots and, in the case oferror or dispute, to put an item up for bidding again.

4.12 Successful BidSubject to the auctioneer’s discretion, the striking of his hammer marksthe acceptance of the highest bid, provided always that such bid ishigher than the Reserve (where applicable), and the conclusion of acontract for sale between you and the Seller.

4.13 After Sale ArrangementsIf you enter into any private sale agreements for any Lot with the Sellerwithin 60 days of the auction, we, as exclusive agents of the Sellerreserve the right to charge you the applicable Buyer’s Premium inaccordance with these Terms and Conditions, and the Seller acommission in accordance with the terms of the Seller’s agreement.

4.14 Return of LotOnce your bid has been accepted for a Lot then you are liable to payfor that Lot in accordance with these Terms and Conditions. If thereare any problems with a Lot then you must notify us within 7 days ofreceipt of the Lot, specifying the nature of the problem. We may thenrequest that the Lot is returned to us for inspection. Save as set out inclause 5.13, the cancellation of the sale of any Lot and the refund ofthe corresponding purchase price is entirely at our sole discretion. Wewill not normally exercise that discretion if the Lot is not received byus in the same condition that it was in at the auction date.

5 AFTER THE AUCTION5.1 Buyer’s Premium

In addition to the Hammer Price, you must pay us the Buyer’sPremium at a rate of 20% of the final Hammer Price of each Lot.

5.2 Value Added TaxOther than in respect of Zero-rated Lots (o) (see VAT Symbols fordetails), VAT is payable on the Buyer’s Premium and on the HammerPrice, if the Lot has been marked with a sign to that effect in thecatalogue (see VAT Symbols for details).

5.3 VAT RefundsGeneral5.3.1 As we remain liable to account for VAT on all Lots unless they

have been exported outside the EU within 3 months of the date ofsale, you will generally be asked to deposit all amounts of VATinvoiced. However, if a Spink nominated shipper is instructed, thenany refundable VAT will not be collected. In all other cases creditswill be made when proof of export is provided. If you export theLot yourself you must obtain shipping documents from theShipping Department for which a charge of £50 will be made.

5.3.2 If you export the Lot you must return the valid proof of exportcertificate to us within 3 months of the date of sale. If you fail toreturn the proof of export certificate to us within such period andyou have not already accounted to us for the VAT, you will beliable to us for the full amount of the VAT due on such Lot and weshall be entitled to invoice you for this sum.

5.3.3 To apply for a refund of any VAT paid, the proof of exportcertificate must be sent to our Shipping Department clearly marked‘VAT Refund’ within 3 months of the date of sale. No payment willbe made where the total amount of VAT refundable is less than £50and Spink will charge £50 for each refund processed.

VAT Refunds - Buyers from within the EU5.3.4 VAT refunds are available on the Hammer Price and Buyer’s

Premium of Daggered (†) and Investment Gold (g) Lots. You mustcertify that you are registered for VAT in another EU country andthat the Lot is to be removed from the United Kingdom within 3months of the date of sale.

5.3.5 Where an EU buyer purchases a Lot on which import VAT hasbeen charged, no refund of VAT is available from us. It may bepossible to apply directly for a refund on form VAT 65 toHM Revenue & Customs Overeseas Repayment Section,Londonderry.

VAT Refunds – Buyers from outside the EU5.3.6 Where a Lot is included within the Auctioneers’ Margin Scheme

and evidence of export from the EU is produced within 3 monthsof the date of sale, the VAT element included within the Buyer’sPremium may be refunded.

5.3.7 Where the Lot is marked as a Daggered (†) or Investment Gold(g) Lot the VAT charged on the Hammer Price may be refundedwhere evidence of export from the EU is produced within 3months of the date of sale. A refund of VAT charged on the Buyer’sPremium can also be made on receipt of proof of business as acollectibles dealer.

5.3.8 Where the Lot is marked as an Omega (Ω) Lot or an ImportVAT (x) Lot and evidence of export from the EU is producedwithin 3 months of the date of sale, the VAT charged on both theHammer Price and Buyer’s Premium may be refunded. Whererequired, we can advise you on how to export such Lots as a specificform of export evidence is required. Where we advise you on theexport of the Lots, please be aware that the ultimate responsibilityin respect of obtaining a valid proof of export certificate will lie withyou and we will not be responsible for your failure to obtain suchcertificate.

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5.4 Payment5.4.1 You must provide us with your full name and permanent address

and, if so requested, details of the bank from which any paymentsto us will be made. You must pay the full amount due (comprisingthe Hammer Price, the Buyer’s Premium and any applicable VAT)within seven days after the date of the sale. This applies even if youwish to export the Lot and an export licence is (or may be)required.

5.4.2 You will not acquire title to the Lot until all amounts duehave been paid in full. This includes instances where specialarrangements were made for release of Lot prior to full settlement.

5.4.3 Payment should be made in sterling by one of the followingmethods:II(i) Direct bank transfer to our account details of which are set

out on the invoice. All bank charges shall be met by you.Please ensure that your client number is noted on thetransfer.

i(ii) By cheque or bank draft made payable to Spink and Son Ltdand sent to Spink at 69 Southampton Row, Bloomsbury,London WC1B 4ET. Please note that the processing chargesfor payments made by cheques or bank drafts drawn on anon-U.K bank shall be met by you. Please ensure that theremittance slip printed at the bottom of the invoice isenclosed with your payment.

(iii) By Visa or Mastercard. A charge of 2% will be applied.Payments exceeding £5,000 can normally only be made bythe card holder in person whilst on our premises.

5.4.4 Payments should be made by the registered buyer and not bythird parties, unless it has been agreed at the time of registrationthat you are acting as an agent on behalf of a third party.

5.5 InvoicesInvoices may consist of one or more pages and will show: Zero ratedLots (o); no symbol Lots sold under the Auctioneers’ Margin Scheme;Lots marked (g) special scheme Investment Gold; Daggered Lots (†),imported Lots marked (x) and (Ω), (e) Lots with Zero rated hammerfor EU VAT registered buyers.

5.6 Collection of Purchases5.6.1 Unless we specifically agree to the contrary, we shall retain items

sold until all amounts due to us, or to the Spink Group, have beenpaid in full.

5.6.2 Unless we notify you to the contrary, items retained by us willbe covered in accordance with our policy which is available forinspection at our offices from the date of sale for a period of sevendays or until the time of collection, whichever is sooner. After sevendays or from the time of collection, whichever is the earlier, the Lotwill be entirely at your risk.

5.6.3 Our policy will not cover and we are unable to acceptresponsibility for damage caused by woodworm, changes inatmospheric conditions or acts of terrorism.

5.7 NotificationWe are not able to notify successful bidders by telephone. WhileInvoices are sent out by mail after the auction we do not acceptresponsibility for notifying you of the result of your bid. You arerequested to contact us by telephone or in person as soon as possibleafter the auction to obtain details of the outcome of your bids to avoidincurring charges for late payment.

5.8 Packing and handling5.8.1 We shall use all reasonable endeavours to take care when

handling and packing a purchased Lot but remind you that afterseven days or from the time of collection, whichever is sooner, theLot is entirely at your risk. Our postage charges are set out at theback of the catalogue.

5.8.2 It is the responsibility of the Buyer to be aware of any ImportDuties that may be incurred upon importation to the finaldestination. Spink will not accept return of any package in order toavoid these duties. The onus is also on the Buyer to be aware of anyCustoms import restrictions that prohibit the importation ofcertain collectibles. Spink will not accept return of the Lot(s) underthese circumstances. Spink will not accept responsibility for Lot(s)seized or destroyed by Customs.

5.9 Recommended packers and shippersIf required our shipping department may arrange shipment as youragent. Although we may suggest carriers if specifically requested, oursuggestions are made on the basis of our general experience of suchparties in the past and we are not responsible to any person to whomwe have made a recommendation for the acts or omissions of the thirdparties concerned.

5.10 Remedies for non-payment or failure to collect purchases5.10.1 If you fail to make payment within seven days of your stipulated

payment date set out in your invoice, we shall be entitled to exerciseone or more of the following rights or remedies:5.10.1.1 to charge interest at the rate of 2% per month compound

interest, calculated on a daily basis, from the date the fullamount is due;

5.10.1.2 to set off against any amounts which the Spink Group mayowe you in any other transaction the outstanding amountremaining unpaid by you;

5.10.1.3 we may keep hold of all or some of your Lots or otherproperty in the possession of the Spink Group until you havepaid all the amounts you owe us or the Spink Group, even if theunpaid amounts do not relate to those Lots or other property.Following fourteen days’ notice to you of the amountoutstanding and remaining unpaid, the Spink Group shall havethe right to arrange the sale of such Lots or other property. Weshall apply the proceeds in discharge of the amount outstandingto us or the Spink Group, and pay any balance to you;

5.10.1.4 where several amounts are owed by you to the SpinkGroup in respect of different transactions, to apply any amountpaid to discharge any amount owed in respect of any particulartransaction, whether or not you so direct;

5.10.1.5 to reject at any future auction any bids made by you or onyour behalf or obtain a deposit from you before accepting anybids.

5.10.2 If you fail to make payment within thirty-five days, we shall inaddition be entitled:

5.10.2.1 to cancel the sale of the Lot or any other item sold to youat the same or any other auction;

5.10.2.2 to arrange a resale of the Lot, publicly or privately, and, ifthis results in a lower price being obtained, claim the balancefrom you together with all reasonable costs including a 20%seller’s commission, expenses, damages, legal fees, commissionsand premiums of whatever kind associated with both sales orotherwise, incurred in connection with your failure to makepayment; or

5.10.2.3 take any other appropriate action as we deem fit.

5.11 Failure to collectWhere purchases are not collected within seven days after the sale,whether or not payment has been made, you will be required to pay astorage charge of £2 per item per day plus any additional handling costthat may apply. You will not be entitled to collect the Lot until alloutstanding charges are met, together with payment of all otheramounts due to us.

5.12 Export Licence5.12.1 If required we can, at our discretion, advise you on the detailed

provisions of the export licensing regulations. Where we advise youin relation to export licensing regulations the ultimate responsibilityin respect of any export will lie with you and we will not beresponsible for your failure to apply for any necessary licences.

5.12.2 If the Lot is going to be hand carried by you, you may berequired to produce a valid export licence to us or sign a waiverdocument stating that a licence will be applied for.

5.12.3 You should always check whether an export licence is requiredbefore exporting. Export licences are usually obtained within twoor three weeks but delays can occur.

5.12.4 Unless otherwise agreed by us in writing, the fact that you wishto apply for an export licence does not affect your obligation tomake payment within seven days nor our right to charge interest onlate payment.

5.12.5 If you request that we apply for an export licence on yourbehalf, we shall be entitled to recover from you our disbursementsand out of pocket expenses in relation to such application, togetherwith any relevant VAT.

5.12.6 We will not be obliged to rescind a sale nor to refund anyinterest or other expenses incurred by you where payment is madeby you despite the fact that an export licence is required.

5.13 Refund in the case of Forgery5.13.1 A sale will be cancelled, and the amount paid refunded to you

if a Lot (other than a miscellaneous item not described in thecatalogue) sold by us proves to have been a Forgery. We shall nothowever be obliged to refund any amounts if either (a) thecatalogue description or saleroom notice at the auction datecorresponded to the generally accepted opinion of scholars orexperts at that time, or fairly indicated that there was a conflict ofopinions, or (b) it can be demonstrated that the Lot is a Forgeryonly by means of either a scientific process not generally acceptedfor use until after publication of the catalogue or a process which atthe date of the auction was unreasonably expensive or impracticableor likely to have caused damage to the Lot. Furthermore, youshould note that this refund can be obtained only if the followingconditions are met:

5.13.1.1 you must notify us in writing, within seven days of thereceipt of the Lot(s), that in your view the Lot concerned is aForgery;

5.13.1.2 you must then return the item to us within fourteen daysfrom receipt of the Lot(s), in the same condition as at theauction date; and

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5.13.1.3 as soon as possible following return of the Lot, you mustproduce evidence satisfactory to us that the Lot is a Forgery andthat you are able to transfer good title to us, free from any thirdparty claims.

5.13.2 In no circumstances shall we be required to pay you any morethan the amount paid by you for the Lot concerned and you shallhave no claim for interest.

5.13.3 The benefit of this guarantee is not capable of beingtransferred, and is solely for the benefit of the person to whom theoriginal invoice was made out by us in respect of the Lot when soldand who, since the sale, has remained the owner of the Lot withoutdisposing of any interest in it to any third party.

5.13.4 We shall be entitled to rely on any scientific or other process toestablish that the Lot is not a Forgery, whether or not such processwas used or in use at the date of the auction.

6 LIABILITYNothing in these Terms and Conditions limits or excludes our liability for:6.1 death or personal injury resulting from negligence; or6.2 any damage or liability incurred by you as a result of our fraud or

fraudulent misrepresentation.7 COPYRIGHT

7.1 We shall have the right (on a non-exclusive basis) to photograph, videoor otherwise produce an image of the Lot. All rights in such an imagewill belong to us, and we shall have the right to use it in whatever waywe see fit.

7.2 The copyright in all images, illustrations and written material relatingto a Lot is and shall remain at all times our property and we shall havethe right to use it in whatever way we see fit. You shall not use or allowanyone else to use such images, illustrations or written material withoutour prior written consent.

8 VATYou shall give us all relevant information about your VAT status and that ofthe Lot to ensure that the correct information is printed in the catalogues.Once printed, the information cannot be changed. If we incur any unforeseencost or expense as a result of the information being incorrect, you willreimburse to us on demand the full amount incurred.

9 NOTICESAll notices given under these Terms and Conditions may be served personally,sent by 1st class post, or faxed to the address given to the sender by the otherparty. Any notice sent by post will be deemed to have been received on thesecond working day after posting or, if the addressee is overseas, on the fifthworking day after posting. Any notice sent by fax or served personally will bedeemed to be delivered on the first working day following despatch.

10 ADDITIONAL PROVISIONSThe following provisions of this clause 10 shall apply only if you are acting forthe purposes of your business.10.1 Limitation of Liability

Subject to clause 6, we shall not be liable, whether in tort (includingfor negligence) or breach of statutory duty, contract, misrepresentationor otherwise for any:10.1.1 loss of profits, loss of business, depletion of goodwill and/or

similar losses, loss of anticipated savings, loss of goods, loss ofcontract, loss of use, loss of corruption of data or information; or

10.1.2 any special, indirect, consequential or pure economic loss,costs, damages, charges or expenses.

10.2 SeverabilityIf any part of these Terms and Condition is found by any court to beinvalid, illegal or unenforceable, that part may be discounted and therest of the conditions shall continue to be valid and enforceable to thefullest extent permitted by law.

10.3 Force majeureWe shall have no liability to you if we are prevented from, or delayedin performing, our obligations under these Terms and Conditions orfrom carrying on our business by acts, events, omissions or accidentsbeyond our reasonable control, including (without limitation) strikes,lock-outs or other industrial disputes (whether involving our workforceor the workforce of any other party), failure of a utility service ortransport network, act of God, war, riot, civil commotion, maliciousdamage, compliance with any law or governmental order, rule,regulation or direction, accident, breakdown of plant or machinery,fire, flood, storm or default of suppliers or subcontractors.

10.4 Waiver10.4.1 A waiver of any right under these Terms and Conditions is only

effective if it is in writing and it applies only to the circumstancesfor which it is given. No failure or delay by a party in exercising anyright or remedy under these Terms and Conditions or by law shallconstitute a waiver of that (or any other) right or remedy, norpreclude or restrict its further exercise. No single or partial exerciseof such right or remedy shall preclude or restrict the further exerciseof that (or any other) right or remedy.

10.4.2 Unless specifically provided otherwise, rights arising underthese Terms and Conditions are cumulative and do not excluderights provided by law.

10.5 Law and Jurisdiction10.5.1 These Terms and Conditions and any dispute or claim arising

out of or in connection with them or their subject matter, shall begoverned by, and construed in accordance with, the law of Englandand Wales.

10.5.2 The parties irrevocably agree that the courts of England andWales shall have exclusive jurisdiction to settle any dispute orclaim that arises out of, or in connection with, Terms andConditions or their subject matter.

Postal Charges

Prices for books(items sent by this method are not covered by insurance)

Prices for all other items including postage and packaging

Shipments of more than 2kg or volumetric measurement of more than 2kg have tobe sent by courier. Certain countries may incur extra charge when courier servicesare required by our insurance policy. For lots sent by courier please [email protected] for calculation of any further relevant cost in addition tothe above charges.

Value Added Tax (VAT)

Charging of (VAT) at AuctionThe information shown on this page sets out the way in which Spink intends toaccount for VAT.

i. Auctioneers’ Margin Scheme1. Where possible, we will offer Lots for sale under the Auctioneers’

Margin Scheme. Such Lots can be identified by the absence of anysymbol next to the Lot number in the catalogue and will not besubject to VAT on the Hammer Price.

2. Where Lots are sold using the Auctioneers’ Margin Scheme toVAT–registered businesses, the VAT included within the Buyers’Premium is not recoverable as input tax. Upon request on sale day,we will issue invoices that show VAT separately on both the HammerPrice and the Buyer’s Premium. This will enable VAT-registeredbusinesses to recover the VAT charged as input tax, subject to thenormal rules for recovering input tax.

ii. Zero-Rated LotsLimited Categories of goods, such as books, are Zero-rated (o) for VAT inthe United Kingdom. Such Lots are offered under the Auctioneers’ MarginScheme. In these circumstances no VAT element will be included withinthe Buyer’s Premium.

iii. Daggered LotsLots which are Daggered (†) in the catalogue are subject to VAT at 20%on both the Hammer Price and the Buyer’s Premium.

iv. Starred and Omega LotsLots which are marked (x) in the catalogue are subject to VAT at 5% onthe Hammer Price and 20% on the Buyer’s Premium which is shown asinclusive of VAT. Lots which bear the Omega symbol (Ω) are subject toVAT at 20% on the Hammer Price and on the Buyer’s Premium. Such Lotsbear VAT because the Lot is liable for VAT at this rate on importation intothe EU.

v. Investment Gold LotsLots marked (g) in the catalogue are exempt from VAT on the HammerPrice and are subject to VAT at 20% on the Buyer’s Premium. A refund ofVAT charged on the Buyer’s Premium can also be made on receipt of proofof business as a collectibles dealer.

vi. Imported LotsLots which are marked (x) and Lots which bear the Omega symbol (Ω)have VAT charged on the Hammer Price and Buyers’ Premium becausethey have been imported into the United Kingdom from outside the EU.In these cases we have used a temporary importation procedure, which ineffect means that the point of importation is deferred until the Lot has beensold. At this point the Buyer is treated as the importer and is liable to paythe import VAT due. We will collect the VAT from you and pay it to HMCustoms and Excise on your behalf.

Invoice Value UK EU Rest of the WorldUp to £1,500 £10 £15 £20

Above £1,501 £20 £30 £40

Weight UK EU Rest of the WorldUp to 1kg £8 for any weight £12 £15

Up to 2kg £8 for any weight £18 £25

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GROUP CHAIRMAN AND CEO

Olivier D. Stocker

YOUR SPECIALISTS

STAMPS

UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill GrangerPaul Mathews Dominic Savastano Tom Smith

USA - Chris Anderson George Eveleth Andrew Titley Ed Robinson Rick PenkoEUROPE - Guido Craveri Fernando Martínez

CHINA - Anna Lee Johnny SangCOINS

UK - Paul Dawson Julie-Morgane Lecoindre Richard Bishop William MacKayBarbara Mears John Pett

USA - Stephen Goldsmith Matthew Orsini Normand PepinCHINA - Mark Li

BANKNOTES, BONDS & SHARES

UK - Barnaby Faull Mike Veissid Andrew Pattison Tom BadleyUSA - Stephen Goldsmith Matthew Orsini

CHINA - Mark LiORDERS, DECORATIONS, MEDALS & MILITARIA

UK - Mark Quayle Oliver PepysBOOKS

UK - Philip SkingleyAUTOGRAPHS

USA - Stephen GoldsmithWINES

CHINA - Anna Lee

YOUR EUROPE TEAM (LONDON - LUGANO)

Chairman’s OfficeDennis Muriu Monica Kruber

DirectorsTim Hirsch Anthony Spink

Auction & Client Management TeamMiroslava Adusei-Poku Sandie Maylor Charles Blane Luca BorgoPhillipa Brown Rita Ariete María Martínez Maurizio Schenini

FinanceAlison Bennet Marco Fiori Mina Bhagat Alison Kinnaird Shyam Padhiar Billy Tumelty

IT & AdministrationBerdia Qamarauli Attila Gyanyi Liz Cones Curlene Spencer John Winchcombe

Bobby McBrierty Tom Robinson Cristina Dugoni Giacomo Canzi

YOUR AMERICA TEAM (NEW YORK - DALLAS)

Chairman EmeritusJohn Herzog

Auction Administration and Marketing & DesignRick Penko Patricia Gardner James McGuire Emily Cowin Clyde Townsend

Finance & AdministrationSam Qureshi Ingrid Qureshi Ed Robinson

AuctioneersStephen Goldsmith Tracy Shreve Andrew Titley

YOUR ASIA TEAM (HONG KONG - SINGAPORE)

Vice ChairmanAnna Lee

AdministrationAmy Yung Dennis Chan Newton Tsang Raymond Tat Gary Tan

BANKNOTES

26 September Charity Auction of Bank of England Notes London 120372/3 October World Banknotes London 120234 October The George Kanaan Collection of Banknotes of the Middle East London 120479 October The David Kirch Collection of English Provincial Banknotes - Part I London 1203510 October The David Kirch Collection of Bank of England Notes - Part I London 1203427 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 3156 December World Banknotes London 1202412 January Banknotes of Hong Kong and China Hong Kong 1300515/16 January The Collector’s Series Sale New York 316

SALE CALENDAR 2012/2013

The above sale dates are subject to change

Spink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

STAMPS

12 September The Chartwell Collection - GB King Edward VIII, King George VI and Queen Elizabeth II London 1201713 September The Gavin Littaur Collection of British Postal History. Selected rare covers from the period 1840-53 London 1204522 September Fine Stamps and Covers of South East Asia Singapore 1201911 October Great Britain Stamps Specialised Sale London 1201823 October Victoria Half Lengths - The John Barwis Collection London 1204223 October The “Fordwater” Collections of Falkland Islands, Gibraltar and Malta London 1203923 October Latin America, including the Tito Collection - Part II Lugano SW100324 October Queensland - The Alan Griffiths Collection London 1204324 October The Collector’s Series Sale Lugano SW100427 October The Collector’s Series Sale Hong Kong 120487 November The Collector’s Series Sale London 120208/9 November The Collector’s Series Sale New York13/14 November The Morgan Collection of Australian Commonwealth London 1204612 December The Chartwell Collection - GB Line-Engraved Essays, Proofs, Stamps and Covers - Part IV London 1202113 January The Mizuhara Collection of Korean Stamps Hong Kong 1300813 January Fine Stamps and Covers of Hong Kong and China Hong Kong 13009

COINS

26 September Ancient, British & Foreign Coins and Commemorative Medals London 1202627 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 3154 December Ancient, English & Foreign Coins and Commemorative Medals London 1202712 January Fine Coins of Hong Kong and China Hong Kong 1300715/16 January The Collector’s Series Sale New York 316

MEDALS

6 September The Bentley Priory Battle of Britain Trust Appeal Charity Auction London 1204422 November Orders, Decorations, Campaign Medals & Militaria London 1200425 April Orders, Decorations, Campaign Medals & Militaria London 1300125 July Orders, Decorations, Campaign Medals & Militaria London 1300221 November Orders, Decorations, Campaign Medals & Militaria London 13003

BONDS AND SHARES

27 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 31528 November Bonds and Share Certificates of the World London 1201112 January Bonds and Share Certificates of Hong Kong and China Hong Kong 1300615/16 January The Collector’s Series Sale New York 316

AUTOGRAPHS

13/14 November The Collector’s Series Sale New York 31515/16 January The Collector’s Series Sale New York 316

WINES

September An Evening of Exceptional Wines Hong KongNovember An Evening of Exceptional Wines Hong Kong

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©Copyright2012

THEGEORGEKANAANCOLLECTIONOFBANKNOTESOFTHEMIDDLEEAST

4OCTOBER2012

LONDON

STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

69 Southampton Row, Bloomsbury, London WC1B 4ETwww.spink.com

THE GEORGE KANAAN COLLECTION OFBANKNOTES OF THE MIDDLE EAST

4OCTOBER 2012

LONDON

£25

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