World Record Priced Banknote to be Exhibited in WA
The Rare Coin Company has announced today that it had set a new world record for the purchase of an Australian banknote at public auction.
(PRWEB) November 30, 2007 -- The Rare Coin Company has announced today that it had set a new world record for the purchase of an Australian banknote at public auction. The company paid $1,223,250 dollars for an Australian 1924 George V One Thousand Pound banknote, which was sold at auction by Nobles Numismatics in Sydney on Thursday 22nd November 2007.
The company has since sold the banknote to a private collector who has very generously agreed to allow The Rare Coin Company to exhibit the banknote under strict security and insurance arrangements.
Company Director Robert Jackman confirmed that the company was set to exhibit the banknote in Albany and Perth in early 2008, which will allow the general public a once in a lifetime opportunity to view a significant piece of Australia's heritage and an outstanding artistic specimen.
"This is truly an opportunity for all Western Australian's to view a unique numismatic rarity as once the exhibition is over the banknote is unlikely to be seen in the public domain again for a significant period of time," Mr Jackman said. "As one of Australia's leading numismatic specialists, we are thrilled to secure such an important numismatic rarity and what makes this experience even more satisfying for us is to know that the artistic excellence and historical value of the banknote will now be able to be enjoyed by all those who attend the exhibit." he said.
Further details regarding the public exhibition of the banknote will be released early in the New Year.
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