Results: Coins, Tokens & Banknotes 8th May

The Coins, Tokens and Banknotes Sale, held at Tennants Auctioneers on 8^th May, saw strong results all round, with notably high prices achieved in the Banknotes section of the sale. In particular, a group of Hudson’s Bay Company Promissory notes exceeded expectations, the prices having been pushed by competing international bidders. The group was discovered along with a collection of papers and documents inside a suitcase during a house clearance. The majority of the papers had the family name Stacpole on them, and a F.A. Stacpole was an assistant to Hudson’s Bay Company governor Sir Patrick Ashley Cooper in the 1930s and 1940s. Highlights of the group included an 1834 One Shilling Promissory Note (sold for £1,600 all figures exclude buyer’s premium), an 1857 Five Shillings Promissory Note (sold for £1,700) and an 1846 One Shilling Promissory Note (sold for £1,500). Also selling well was a rare Hong Kong and Shanghai Banking Corporation $1 Note from 1890, which sold for £3,800, and 17 Chinese Government 5% Reorganisation Gold Loan Certificates from 1913, which sold for £500.

Ancient coins in the sale were led by a Ptolemy IV Philipator (221-204BC) bronze coin, which sold for £170, and amongst the World coinage a Republic of China Dollar (Yuan) of 1912 sold for £1,100, an 1890 Norwegian 2 Kroner sold for £320, and a rare USA William Pitt Halfpenny Token sold for £280.

Finally, continuing strong prices for gold coins included a George VI ‘Coronation’ Gold Proof Set from 1937, which sold for £9,800, and an 1832 William IV Sovereign, which sold for £2,500.

The sale achieved a total hammer price of £195,875 for 481 lots offered, and a 99% sold rate, and consignments are currently invited for the next Coins, Tokens and Banknotes Sale in August.

View Sale Results