Stack’s Bowers Offers PMG-certified Rarities from Norway and Panama

A pair of seldom-seen Norwegian Specimens are among over 750 world banknotes that are certified by Paper Money Guaranty® (PMG®) in a January auction. Bidding is already underway for Stack’s Bowers’ January 2023 NYINC Auction, which closes on January 14, 2023 (Session C), and January 15, 2023 (Session G).

A stand-out pair of notes featured in this auction is a Norway 1942 1,000 Kroner Specimen graded PMG 64 Choice Uncirculated (lot 31158), and a Norway 1942 500 Kroner Specimen graded PMG 66 Gem Uncirculated EPQ (lot 31157). Each of these scarce, high-denomination notes is the sole example in the PMG Population Report, and each has an estimate of $25,000 to $35,000. The 1942 series of Norwegian currency was printed by Waterlow & Sons Limited in London, where Norway's government was located in exile after the Nazi Germany invasion on April 9, 1940. Norway wasn’t liberated until 1945.

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Another highlight is a Panama 1941 10 Balboas graded PMG 55 About Uncirculated (lot 30282) with an estimate of $25,000 to $35,000. Printed by HBNC, the 10 Balboa notes from this series are rarely found in public auctions. At the time of cataloging, PMG's Population Report lists only 16 issued examples of this Pick number, with only two graded finer than the presently offered note.

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Other PMG-certified notes of interest in this auction include:

• a Panama 1941 20 Balboas Specimen graded PMG 65 Gem Uncirculated EPQ (lot 30279) with an estimate of $20,000 to $30,000
• an Ethiopia, Bank of Ethiopia 1932-33 500 Thalers graded PMG 65 Gem Uncirculated EPQ (lot 31064) with an estimate of $20,000 to $30,000
• a Guernsey / British Administration 1914-19 1 Pound graded PMG 58 Choice About Uncirculated EPQ (lot 31100) with an estimate of $20,000 to $30,000
• a Ukraine / German Occupation - World War II 1941 5 Chervontsiv graded PMG 50 About Uncirculated (lot 31252) with an estimate of $20,000 to $30,000
• a Panama 1941 20 Balboas graded PMG 25 Very Fine (lot 30283) with an estimate of $17,500 to $27,500
• a Cuba 1869 100 Pesos graded PMG 25 Very Fine (lot 30426) with an estimate of $17,500 to $25,000
• a Panama 1941 10 Balboas Specimen graded PMG 62 Uncirculated (lot 30274) with an estimate of $15,000 to $20,000
• a Colombia ND (ca. 1869) 10 Pesos graded PMG 45 Choice Extremely Fine (lot 30268) with an estimate of $15,000 to $25,000
• a Panama 1941 20 Balboas Specimen graded PMG 62 Uncirculated (lot 30275) with an estimate of $15,000 to $20,000
• a Norway 1942 100 Kroner Specimen graded PMG 66 Gem Uncirculated EPQ (lot 31156) with an estimate of $15,000 to $20,000
• a Panama 1941 10 Balboas Specimen graded PMG 58 Choice About Uncirculated (lot 30278) with an estimate of $15,000 to $20,000

Estimates are provided by the auction house. The $ symbol represents US Dollars.