PMG's Featured Note of the Month: Estonia 5 Krooni

Estonia, Bank of Estonia 1929 5 Krooni graded PMG 64 Choice Uncirculated Click images to enlarge.

Country: Estonia

Catalog Number: Pick# 62a (Standard Catalog of World Paper Money)

Date: 1929

Denomination: 5 Krooni

Varieties: PMG has also graded Specimen notes (Pick# 62s, 62s1 and 62s2).

What makes it special? This banknote was the lowest denomination among the first set of Krooni issued in the time when Estonia was independent from Soviet Russia from 1920 to 1940. It shows a fisherman, paying tribute to what has long been a key sector of the Estonian economy.

Did you know? November 21 is World Fisheries Day, which was established to promote sustainable fishing practices.

Total graded by PMG: PMG has graded 52 standard notes (Pick# 62a), as well as 19 Specimen notes (Pick# 62s, 62s1 and 62s2).

PMG median grade: PMG 66 Gem Uncirculated EPQ

PMG highest graded: There are six examples of Pick# 62a and four Specimens graded PMG 67 Superb Gem Uncirculated EPQ.

Sales highlights: Several examples of Pick# 62a are listed on eBay for under $75. A Front Specimen (Pick# 62s1) and Back Specimen (Pick# 62s2) that are each graded PMG 66 Gem Uncirculated EPQ realized $492 through Heritage Auctions in January 2021.

PMG Registry: Pick# 62 notes are part of four competitive sets:

• All Notes/Scores in Estonia, 1919-Date, PA1-2008, Issued Notes — Arvo-Mart Elvisto holds top honors here with the Estonian Heritage set, which includes a Pick# 62a graded PMG 67 Superb Gem Uncirculated EPQ
• All Notes/Scores in Estonia, 1919-Date, PA1-Date, Specimen, Complete — Dollar1 holds tops honors here with the Margast Kroonini Specimen set, but it does not include any Pick# 62
• Eesti Pank (Bank of Estonia), 1928-1940 Issue, P62-P68, Issued Notes (No Specimen) — Andrus Turban holds top honors here with the Eesti Pank 1928-1940 kroonid set, which includes a Pick# 62a graded PMG 67 Superb Gem Uncirculated EPQ
• Eesti Pank (Bank of Estonia), 1928-1940 Issue, P62-P68, Specimen Only — Dollar1 holds top honors here with the Eesti Kroonid 1928-1940 Specimen set, which includes a Pick# 62s1 graded PMG 66 Gem Uncirculated EPQ and a Pick# 62s2 graded PMG 67 Superb Gem Uncirculated EPQ

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