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Re: High Denomination, High Value Banknotes

Posted: 03 Jan 2021 19:51
by DOC
Here is a later example of the 10,000 shillings (£500) note issued by The East African Currency Board in 1951. This high grade example achieved a hammer price of £53,000 at auction.

Re: High Denomination, High Value Banknotes

Posted: 04 Jan 2021 22:35
by ThePloughman
Thats about $72,000. Very high for non-US currency!

Re: High Denomination, High Value Banknotes

Posted: 28 Feb 2021 12:12
by DOC
Here is an attractive Straits Settlements specimen note printed ca.1919. The $10,000 note was the highest denomination of this series.

Re: High Denomination, High Value Banknotes

Posted: 28 Feb 2021 15:08
by Vellakare
The S$10,000 was only used for internal Bank Settlements.

Re: High Denomination, High Value Banknotes

Posted: 01 Mar 2021 02:57
by ThePloughman
Did any of these beauties enter circulation?

Re: High Denomination, High Value Banknotes

Posted: 18 Jul 2021 20:29
by DOC
Examples of the lower denominations entered circulation but the $10,000 appears to have been used only for inter bank transfers and as such would not have been available to the general public.

Re: High Denomination, High Value Banknotes

Posted: 01 Aug 2021 18:51
by DOC
The 10,000 Ringgit of Negara Brunei Darussalam is one of the highest denomination notes issued in modern times with a face value close to 2,000 euro (August 2021). Here are examples from the 1989 and 2006 Series.

Re: High Denomination, High Value Banknotes

Posted: 05 Sep 2021 12:05
by DOC
Here is an attractive high denomination $10,000 note issued by Singapore during the 1980s’. This is the highest denomination of the Bird Series with a face value now of close to 6,000 euro.

Re: High Denomination, High Value Banknotes

Posted: 17 Jan 2022 18:56
by Mac
5,000 Fims.
5000mk-A.jpg
5000mk-A.jpg (121.44 KiB) Viewed 5094 times
5000-B.jpg
5000-B.jpg (108.46 KiB) Viewed 5094 times
This note had a relatively low purchasing power in its time. The note became 50 MK in the 1963 issue when the Finnmark was devalued by a factor of 100.

Re: High Denomination, High Value Banknotes

Posted: 14 Aug 2022 12:19
by DOC
Here is a high denomination note for £1000 issued by The Bank of Ghana in 1958. This denomination was only used for inter-bank transactions.

Re: High Denomination, High Value Banknotes

Posted: 08 Apr 2023 10:09
by DOC
The Singapore Orchid Series of banknotes was issued between 1967 and 1976. The $10,000 is the highest denomination. Remarkably, $10,000 replacement notes were also issued and are extremely rare. Examples of the standard issue and replacement $10,000 notes are shown. The replacement note was sold recently at Noonans as part of the Frank Goon collection and achieved a hammer price of 100,000 S$ (€68,000, £61,000).

Re: High Denomination, High Value Banknotes

Posted: 16 Apr 2023 10:48
by DOC
Here is an example of a $10,000 note issued by the Singapore Board of Commissioners of Currency, first released into circulation in 1989. This is the highest denomination of the Ship Series of notes which were issued between 1984 and 1999.

Re: High Denomination, High Value Banknotes

Posted: 19 Nov 2023 13:01
by DOC
This cancelled 10,000 Kronor note issued by The National Bank of Sweden in 1939 is up for sale at Noonans later this month. This is the highest denomination note issued by the bank and would have been a significant sum of money in 1939. An interesting feature is the use of coloured fibres in the paper as a security feature. A similar security feature was used on Irish Ploughman notes from 1929-1941.

Re: High Denomination, High Value Banknotes

Posted: 20 Nov 2023 01:44
by The Governor
Those colored fibers were also used on some Chinese currency of the 1920s and 1930s.

Re: High Denomination, High Value Banknotes

Posted: 21 Nov 2023 16:21
by Mac
Interesting to see the position of the fibres, on left side of the Swedish note. They are int he centre of the Ploughman notes and on any Chinese notes I have seen them on.

Re: High Denomination, High Value Banknotes

Posted: 22 Nov 2023 12:29
by callahiljo
The use of fibres in banknote paper also occurred in Scotland. The British Linen Bank adopted what they called granite paper in 1937. Here is an example from 1938.

Re: High Denomination, High Value Banknotes

Posted: 04 Feb 2024 12:43
by DOC
This issued £10,000 Union of South Africa note from 1920 is up for sale later this month at Noonans World Banknotes Auction. This issued note has been cancelled and there is also an example of a specimen note. The notes are payable in gold coin or gold bullion.

Re: High Denomination, High Value Banknotes

Posted: 05 Feb 2024 17:36
by Mac
Ten thousand was an enormous sum ion those days. Banknote number 000069, so there were likely 68 others!
There is a lot of nice items in that noonan's sale, including some more of the Portals' archive watermarked paper samples.

Re: High Denomination, High Value Banknotes

Posted: 11 Feb 2024 11:23
by DOC
This Banque Du Congo Belge (Bank of Belgian Congo) 10,000 Francs specimen note from 1942 appeared recently at Stack’s Bowers with an estimate of $6,000-$8,000. The high grade example achieved a hammer price of $33,600, well in excess of the $6,000-$8,000 estimate. These high denomination notes were most likely used for inter bank transactions.

Re: High Denomination, High Value Banknotes

Posted: 16 Mar 2024 14:40
by DOC
This high denomination $1,000 specimen note is up for sale this week at Noonans as part of the Frank Goon collection. The note prepared for The Government of the Straits Settlements is dated 17th March 1911 and is one of the highlights of the collection.