PMG-certified Banknotes Featured in Spink’s Mark T. Ray Collection Sale

Paper Money Guaranty® (PMG®) is proud to have graded all certified banknotes in Spink’s October Mark T. Ray Collection of English Banknotes sale in London. The sale features 845 of the collector’s banknotes. Online bidding is open until Thursday, October 8, 2020.

The Spink sale is offering the impressive collection of Mark T. Ray, a dedicated collector of coins and banknotes for the past thirty-plus years. It contains a wide variety of British banknotes, including White Notes.

Great Britain, Bank of England 1893-1902 London £5 graded PMG 40 Extremely Fine Click images to enlarge.

A high-grade White Note is a PMG-certified Great Britain, Bank of England 1893-1902 London £5 graded PMG 40 Extremely Fine, with an estimate of £4,000 to £5,000 (about $5,140 to $6,430 USD). These White Notes came in denominations between £1 and £1,000 and were printed in black with a blank reverse.

The £5 banknote features a crowned Britannia in the upper-left corner, who is often used as the personification of the United Kingdom. It is signed by Horace Bowen, the chief cashier of the Bank of England at the time. This is the second highest grade awarded to a banknote of its kind.

Other PMG-certified highlights include:

• Lot 440- a Great Britain, Bank of England 1918-1925 Birmingham £100 graded PMG 35 Choice Very Fine, with an estimate of £4,000 to £5,000 (about $5,140 to $6,430 USD)
• Lot 445- a Great Britain, Bank of England 1918-1925 Liverpool £100 graded PMG 30 Very Fine, with an estimate of £3,800 to £4,200 (about $4,920 to $5,440 USD)
• Lot 444- a Great Britain, Bank of England 1934-1943 Leeds £100 graded PMG 35 Choice Very Fine, with an estimate of £3,500 to £4,000 (about $4,530 to $5,180 USD)
• Lot 203- a Great Britain, Bank of England 1807-1821 H. Hase Issue £2 graded PMG 20 Very Fine NET, with an estimate of £2,500 to £3,500 (about $3,240 to $4,530 USD)
• Lot 417- a Great Britain, Bank of England 1925-1929 Manchester £20 graded PMG 35 Choice Very Fine, with an estimate of £2,800 to £3,000 (about $3,630 to $3,890 USD)
• Lot 435- a Great Britain, Bank of England 1902-1918 London £100 graded PMG 25 Very Fine, with an estimate of £2,500 to £3,000 (about $3,240 to $3,890 USD)
• Lot 452- a Great Britain, Bank of England 1934-1943 Manchester £100 graded PMG 30 Very Fine, with an estimate of £2,800 to £3,000 (about $3,630 to $3,890 USD)
• Lot 210- a Great Britain, Bank of England 1873-1893 London £5 graded PMG 30 Very Fine, with an estimate of £2,400 to £2,800 (about $3,100 to $3,630 USD)
• Lot 451- a Great Britain, Bank of England 1929-1934 Manchester £100 graded PMG 34 Choice Very Fine, with an estimate of £2,400 to £2,800 (about $3,100 to $3,630 USD)
• Lot 413- a Great Britain, Bank of England 1929-1934 Liverpool £20 graded PMG 30 Very Fine, with an estimate of £2,200 to £2,600 (about $2,850 to $3,370 USD)
• Lot 416- a Great Britain, Bank of England 1918-1925 Manchester £20 graded PMG 35 Choice Very Fine, with an estimate of £2,200 to £2,600 (about $2,850 to $3,370 USD)
• Lot 450- a Great Britain, Bank of England 1925-1929 Manchester £100 graded PMG 25 Very Fine, with an estimate of £2,000 to £2,400 (about $2,600 to $3,100 USD)
• Lot 181- a Great Britain, Bank of England 1798-1801 £1 graded PMG 10 Very Good, with an estimate of £1,600 to £2,200 (about $2,070 to $2,850 USD)
• Lot 119- a Great Britain, Treasury Note ND (1917) Wmk: Royal Cypher £1 Pound graded PMG 35 Choice Very Fine, with an estimate of £1,500 to £2,000 (about $1,940 to $2,600 USD)
• Lot 303- a Great Britain, Bank of England 1934 to 1944 Bristol £5 graded PMG 35 Choice Very Fine, with an estimate of £1,500 to £2,000 (about $1,950 to $2,600 USD)
• Lot 409- a Great Britain, Bank of England 1925-1929 London £20 graded PMG 35 Choice Very Fine, with an estimate of £1,600 to £2,000 (about $2,070 to $2,600 USD)
• Lot 437- a Great Britain, Bank of England 1925-1929 London £100 graded PMG 30 Very Fine, with an estimate of £1,600 to £2,000 (about $2,070 to $2,600 USD)
• Lot 438- a Great Britain, Bank of England 1929-1934 London £100 graded PMG 40 Extremely Fine, with an estimate of £1,500 to £2,000 (about $1,950 to $2,600 USD)
• Lot 344- a Great Britain, Bank of England 1902-1918 Newcastle £5 graded PMG 30 Very Fine, with an estimate of £1,500 to £1,800 (about $1,950 to $2,330 USD)

All estimates provided by the auction house.