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    Fully Issued, High Grade 200 Shillings Rarity

    East Africa East African Currency Board, Mombasa 200 Shillings or 10 Pounds 15.12.1921 Pick 17 PMG Choice Uncirculated 63.
    Of all the attributes the discerning professional wields to describes banknotes, this offering will most likely tick all the boxes: incredible rarity, impressive, original condition, and high denomination type. A classic British Commonwealth rarity, known almost exclusively in Specimen form. 200 Shillings was an enormous sum of money in 1920s Africa, and the overwhelming majority of these issued examples were redeemed. East Africa used silver coinage until 1947, and during that time period, many of these notes were exchanged for specie, which was more liquid especially outside the currency union of Kenya, British Somaliland, Uganda, Tanganyika, and Zanzibar. By the 1960s, any outstanding 200 Shillings notes ran the risk of losing its value, as the East African Currency Board actively tried to have these old notes exchanged for newer issues, which further limited the amount of these high denominations in private hands. The above offering is exceptionally original and choice. The capital of East Africa was Mombasa at the time, which is a humid, tropical port city on the Indian Ocean, which is why any Mombasa issued example is usually seen with frail, limp paper. Not the case here, as crisp paper and original colors are easily seen through the third party holder. A key note for the King George V portrait series of banknotes, as well as for the African and Commonwealth realms.

    Auction Info

    Auction Dates
    September, 2019
    5th-9th Thursday-Monday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 1,242

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