Page 1 of 1

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

Posted: Sat Jan 24, 2015 7:18 pm
by Mac
This thread is for reports on interesting Irish banknotes sold in auctions.

ETO Code £20, 1943

Posted: Sat Jan 24, 2015 7:19 pm
by Mac
An ETO war code £20 in Poor grade sold for €1,050 plus fees in a recent (November 2014) auction in Dublin. With several bidders, this was well above the estimate, and establishes the lower end of valuations for the war code £20.

This is the rarest Lavery Type note.
Image
Twenty Pounds war code.

EDIT: Pic added.

Northern Bank Plough 10

Posted: Thu Jan 29, 2015 2:44 pm
by Lavery
This Northern Ploughman tenner fetched 14,000 Euro plus fees in Whytes, September 2013.

Surely one of the the highest prices ever for an Irish Ploughman note in auction.

Image
Northern Bank Ploughman Ten Pound note

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

Posted: Sun Mar 29, 2015 10:38 pm
by Mac
This war code £20 note fetched 6000 Euro, also in Whytes. 16 April, 2011.
Not a bad mark-up over face value!

Image
1943 Irish £20 note.

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

Posted: Fri May 01, 2015 11:00 pm
by Mac
Dnw auction 27.04.15 produced some healthy results for Irish notes.
There were some bargains also!

Highlights were:
Lot 284, Central Bank of Ireland £20, 1955 (Redmond signature brought £1,100 plus fees. A very tough note in high grade, and well appreciated in this sale.

Lot 306, Royal Bank of Ireland £5 brought £1,900 plus fees.
Lot 307, Royal Bank of Ireland £10 brought £4,600 plus fees.

Lot 261, Bank of Ireland £10, 1914 brought £1,800 plus fees.
Lot 312, National Bank £1 brought £1,700 plus fees.
A healthy price for both of these notes, pointing to a strengthening in the value of Old Notes here.
Lot 262 was interesting, a previously unrecorded variety of the small-sized Bank of Ireland £1 note.

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

Posted: Sat May 09, 2015 3:32 pm
by Mac
Whytes Auction today sold a Limerick Soviet 10 Shilling note for 1400 plus fees.
The note pictured below had stiff competition. This is a very strong price for this type of banknote.

This note is a new addition to the survey of Limerick Soviet notes.

Limerick_Soviet_10_Shilling.jpg
Limerick_Soviet_10_Shilling.jpg (61.84 KiB) Viewed 20495 times

Limerick Soviet note

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

Posted: Mon May 11, 2015 12:29 am
by Mac
Ploughman £10 notes continue to turn up in nice grade. The latest one, a Provincial Bank Forde signature (01PT 030439) 2.10.31 is out of a known run of gEF/AU grade notes, though this actual note had not been recorded previously and is thus new to the collecting pool. This note, from the middle of the run, was auctioned in Adams, Dublin on 12 April, 2015.

EDIT: It did very well, fetching 4800 Euro plus fees.

Image
Provincial Bank of Ireland 10 Pound "Ploughman" note

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

Posted: Wed Jun 17, 2015 1:15 pm
by Mac
In the recent Whytes auction (June 13) a Northern Bank Knox signature £1 Note, fetched €5,631 including fees. Not bad for a One Pound Note.
Image

This is one of the rarest of the Ploughman series.

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

Posted: Fri May 20, 2016 10:03 pm
by Mac
There were several interesting results among the banknotes in Whytes 'Eclectic Collector' auction of 14 May 2016.

Several rare banknotes were on offer, including a war code £20 note, dated 10.1.44, and a Ploughman Provincial Bank of Ireland £10 note with Kennedy signature, dated 17.7./39. Both notes were in decent grade, in the Fine region, and both were expected todo well. The results surpassed expectations.

The two notes were stiffly contested, with the Ploughman £10 note going to a room bidder, and the War code £20 going to a telephone bidder.

Prices were very strong for nicer grade material, with a good range of decent Ploughman notes on offer, with some notes being in numerical sequence. Lower grade notes fared less well, with weak prices for poorer items. However, almost all the banknote lots sold, with the handful of unsolds being confined to notes with serious problems.
This reflects the general trend in the banknote market.

There was a good attendance in the room for the sale, with many bids from phone bidders, and two web-based auction sites. Lots were knocked down to all of these.

Image
Provincial Bank of Ireland Ploughman 17.7.39. Kennedy signature,fetched €10,500 Euro plus fees (€13,083).
Lot 306, estimated at 1,200–1,500 Euro.

Image
Central Bank of Ireland Twenty Pounds 1944 war code fetched €9,500 plus fees (€11,837).
Lot 325, was estimated of 4,000–5,000 Euro.

Other notable items were a 1919 Provincial Bank of Ireland £1 note; Bank of Ireland £5, 1919; and Bank of Ireland £20, 1915. All of these are rare items.

The sale results are on Whytes' website.

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

Posted: Fri Sep 09, 2016 12:49 pm
by Mac
The results of the Heritage Auction sale were predictable enough.

Most of the estimates were far too high on the Ploughman £5 notes. Two thirds of them didn't sell. And there were too many similar notes—good for the collectors.

The Northern Bank Ploughman £10 note fetched a reasonable sum, $32,900 including fees (€29,200; £24,700), though at the lower end of the estimate range.
This is the highest price ever paid for a Ploughman note, and the second highest price ever paid for an Irish banknote.
Image
Ploughman Ten Pounds Northern Bank sold for $32,900.

The Royal Bank of Ireland £5 note did well, at $2,350; ulster £10 at $5,287.

The Lavery £20 notes were appreciated, and fetched prices in line with what they would be expected to realise given their scarcity, at $822 (1946); $578, 1949).

The notes in this sale would probably have done better had they been sold by an auctioneer such as DNW in London, with more accurate descriptions and pre-sale estimates. The descriptions are rather puerile in some cases.

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

Posted: Sun Jan 22, 2017 1:22 pm
by Mac
Hibernian Bank Token dated 10 July 1826 fetches €2,700 in auction in Whyte's, Dublin.

Whyte's Eclectic Collector auction on 21 January had a selection of rare issued Hibernian Bank Tokens on offer.

The best of the Hibernian Tokens, Lot 486 ,an intact cancelled £1 note in about VF grade, sold for 2,700 Euro plus fees (approximately 25% in total). A decent result for a rare item, and well above the pre-sale estimate.
Four more intact notes fetched between 660 and 1,800 Euro plus fees.
Cut cancelled notes in low grade fetched less than 200 euro each, which may be an undervaluation given the scarcity of these items. however, it is also relevant that these Hibernian Token issues are very much niche items in Irish note collecting.

Hibernian Bank One Pound 10 July 1826
Image

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

Posted: Sat Jan 28, 2017 1:54 am
by ThePloughman
Never seen an issued note before :O
Very nice.
I have only a 3 pound proof in my collection.