Records Fall at Stack’s Bowers 2024 Maastricht Paper Money Sale

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Image: Stack's Bowers / CoinWeek.
Image: Stack’s Bowers / CoinWeek.

Stack’s Bowers Galleries announces that it sold nearly $2.5 million in world banknotes during its Maastricht Auction alongside the MIF Paper Money Fair. This auction showcased an exceptionally diverse and extensive selection of world paper money, featuring numerous highlights and rare items from across the globe.

As the main sponsor and official auctioneer of the MIF Paper Money Fair, Stack’s Bowers Galleries continues to present collector driven auctions featuring consignments from some of the most prestigious collections in the world. Having sold the most important banknote and coin cabinets, including the D. Brent Pogue, Joel Anderson, and Wa She Wong collections, the firm is pleased to add the Al Kugel Collection to the pantheon of iconic offerings. The Fall 2024 Maastricht selection from this extensive consignment featured 87 lots which realized over $750,000.

That formula contributed to a plethora of world records during their sale, including for one of the treasures of the Al Kugel Collection: a highly important group of Proofs for Olonets Government in lot 20738 that realized $300,000. This lot was cataloged extensively by Dennis Hengeveld.

Other Kugel Collection standouts included an Estonian 5000 Marka from 1923 in lot 20278 that realized $33,600, and lot 20551, a Lithuania 1000 Ost. Markiu that sold for $24,000.

Outside of the Kugel Collection, notes from Portugal continued to realize strong prices as an 1898 50 Mil Reis brought $20,400 in lot 20687. India impressed bidders as well with lot 20437, an R6 100 Rupee realizing $33,600 and a rare KGV 50 Rupees selling for $20,400 in lot 20413.

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The Mombasa Collection featured some key rarities from East Africa, perhaps none more intriguing than the 500 Rupees in lot 20185 that realized $22,800.

Additional highlights of the Stack’s Bowers Maastricht World paper Money Auction include:

  • The Pudsey Bear Commemorative note from Scotland in lot 20762 was featured on the cover of the sale and realized $16,800.
  • The Latvian 1924 20 Latu in lot 20530 that realized $14,400.
  • The Martinique 25 Francs Emergency Issue that realized $15,600 in lot 20591.
  • Lot 20103, an 1878 1 Dollar from the Dominion of Canada realizing $18,000.
  • A Chinese 10 Taels from 1907 in lot 20140 that realized $24,000.

A special session of the Virginian Judge’s Collection was also sold in conjunction with the Fall Maastricht Auction. This session was led by lot 21386, a Netherlands Indies 50 Gulden that realized $10,800.

To view more of the highlights from this monumental offering, visit StacksBowers.com.

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