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Lebanon Banque de Syrie et du Liban 250 Livres 1.4.1939 Pick 21 PMG Extremely Fine 40.. ...
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Sold on Apr 23, 2020 for:
$57,600.00
Bid Source: Live: Phone bidder
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Description
Key Note in Top Grade
Lebanon Banque de Syrie et du Liban 250 Livres 1.4.1939 Pick
21 PMG Extremely Fine 40.Abdo Ayoub writes in his book, Lebanon Paper Money And Coins, that 250 Livre represented the purchasing power of $50,000 back in 1939. This variety is without question at the very top of wantlists for most serious Lebanon and world collectors. It is fabled that there are only 4 known examples. The Central Bank museum in Beirut does not have this highest denomination in their collection, and is only able to display it in Specimen form.
The Baptistery of Saint-John's Church in Jbeil is seen on the face. Saida's castle is depicted on the back. The 250 Livre was only issued for Lebanon. There was no parallel denomination for Syria.
There are none other graded on the PMG census. Furthermore, the note on offer is seemingly in far superior condition than any images we have found of known examples. In 2012, the only publicly auctioned piece sold for just under $39,000 as a Choice Fine 15.
A truly incredible relic. This will be the first time we have offered this Pick variety, and it will be a once in a lifetime chance to obtain this colossus item.
Auction Info
2020 April 23 - 27 Central States World Paper Money Signature Auction - Dallas #4022 (go to Auction Home page)
Auction Dates
April, 2020
23rd-27th
Thursday-Monday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 9,946
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20% of the successful bid per lot.
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