Prices realised for Irish notes • Is that how much it's worth!?

General Topics on Irish banknotes • Shows • Auctions • Prices
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Mac
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Re: Prices realised for Irish notes • Is that how much it's worth!?

Post by Mac » 14 Sep 2019 19:13

2019 has been a good year for scarcer Lavery notes in auction.
Three war code £20 notes were offered, all in nice grade. All three notes were sold for healthy prices, showing a solid demand for the note at higher price levels.


In their April 2019 auction, Whytes of Dublin offered two 1943 war code £20 notes: 8.3.43 (Nice VF) sold, including fees, for €13,041; and 7.6.43 (About VF) for €7,949. The notes are new to the census, though the dates were previously recorded.
In the same sale two 1950 £20 notes in nice Fine grade were sold for €500 each plus fees.


In its September 2019 auction DNW also sold a 1943 war code £20, 23.12.43 (Nice VF), for £10,304 including fees.

In the same sale a rare £50 note dated 22.4.54 (VF) was sold for £4,636.
This is the first nice Redmond signature £50 to be offered in many years (Sotheby's, 1995 is the last time I saw a VF grade example in an auction). There were several nice Lavery £100 notes which also did well in this sale.

Also in this sale, a cleaned Knox signature Northern Bank £1 Ploughman note, dated 10.6.29 was sold for £3,091 including fees.
The most expensive Irish note in the sale was a £50 blue De La Rue Ploughman Specimen (without the De La Rue stamp) which was sold for £12,236 including the fees. This is a very high price for such a note.

Demand remains very strong for scarce and rare Lavery notes in all grades.

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Re: Prices realised for Irish notes • Is that how much it's worth!?

Post by DOC » 15 Sep 2019 12:19

Yes, very strong prices there for the rare Lavery notes. I am not surprised by the excellent result for the 1954 £50 with Redmond signature. This type is difficult to obtain in any grade and hardly ever appears in nice grade. It is time to update the price guide for this type which is probably more difficult to obtain than a 1928 £50 :)

Another interesting result in the DNW auction was the price achieved by the 1932 National Bank £1, part of the First Northern Ireland Series. This note in VG condition, achieved a price more than 3 times the estimate, £1900 (£2447 with fees). The strong price reflects the rarity of this note which is seldom offered.

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Re: Prices realised for Irish notes • Is that how much it's worth!?

Post by Mac » 15 Sep 2019 13:24

That's a very high price for that 1932 National Bank £1, considering that it was described as being heavily pressed.

DOC wrote:
15 Sep 2019 12:19
It is time to update the price guide for this type which is probably more difficult to obtain than a 1928 £50
The price guide has already been updated to reflect these auctions in the new edition of the catalogue, due out at the end of September!
the printage of the 1928 £50 and of the Redmond £50 notes is similar, at around 10,000 notes.

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Re: Prices realised for Irish notes • Is that how much it's worth!?

Post by DOC » 21 Sep 2019 10:51

Looking forward then to see the new edition of the catalogue :)

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Re: Prices realised for Irish notes • Is that how much it's worth!?

Post by DOC » 23 Sep 2019 21:05

This 1928 £20 Lavery note recently appeared on ebay, only the second example that I have seen offered for sale on this auction site. Despite the low grade, the note achieved a solid price of £1220.
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Lavery 20 Pounds 10th Sept 1928 Brennan McElligott.jpg
Lavery 20 Pounds 10th Sept 1928 Brennan McElligott.jpg (189.84 KiB) Viewed 240 times

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Re: Prices realised for Irish notes • Is that how much it's worth!?

Post by Mac » 26 Sep 2019 16:19

Good to see a rare note doing well on ebay.

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