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World Banknotes : Auction 165 : Lot 1269

Date Sold Category Lot Description Sale Price

Auction 165
World Banknotes Lot
1269
(3) comprising 50 Kurus (2) Pick 133 L. 1930 President Mustafa İsmet İnönü at right & Commy Center, Ankara series B25 386933 EF or better slight wrinkling considered from water damage given its history along with the later note which got issued after the bombing Pick 134 President Mustafa İsmet İnönü at centre & building Ankara series C2 090520. Also the Pick NL unrecorded L.1930 President Mustafa İsmet İnönü at right & view at reverse series H19 02888 Fine - about VF small piece missing from bottom right corner, a small tear at upper centre at fold and a small light rust mark to left but very well kept and an Exceptionally Scarce notes as our research could find that this issue was on a ship (SS City of Roubaix) bombed by while at Piraeus Harbour () April 6, 1941 near the beginning of WWII. The Turkish government the issue and arranged for another instead. All available examples were rescued from the sea therefore signs of salt water damage are to be expected. "There is no official recovery record of the 100 Lira notes from the wreck. They were not handed over by the Greek authorities to the Republic of Turkey like the 50 Kurus notes. It is believed the notes that escaped confiscation were also introduced by Greek and non-Muslim tradesmen and put into circulation in the smaller provinces of Turkey, where communications were poor. The variety of notes confused the public, who were not in a position to tell if the notes were legitimate or not. What is certain is these original notes are extremely rare. Only two pieces were reportedly seen in Turkey in the last few decades. The same is true for the note (P136). Not more than a couple has ever been reported. Although also very hard to acquire, Thomas notes remain the best bet for filling this historic gap in a bank note of Turkish Republic issues." (source: International Bank Note Society Journal 50.2, Sep. 2011)
£550
Turkey (3) comprising 50 Kurus (2) Pick 133 L. 1930 President Mustafa İsmet İnönü at right & Community Center, Ankara series B25 386933 EF or better slight wrinkling considered from water damage given its history along with the later note which got issued after the bombing Pick 134  President Mustafa İsmet İnönü at centre & Central Bank building Ankara series C2 090520. Also the 100 Lira Pick NL unrecorded L.1930 President Mustafa İsmet İnönü at right & Dardanelles view at reverse series H19 02888 Fine - about VF small piece missing from bottom right corner, a small tear at upper centre at fold and a small light rust mark to left but very well kept and an Exceptionally Scarce notes as our research could find that this issue was on a ship (SS City of Roubaix) bombed by Germany while at Piraeus Harbour (Greece)  April 6, 1941 near the beginning of WWII. The Turkish government cancelled the issue and arranged for another instead. All available examples were rescued from the sea therefore signs of salt water damage are to be expected. "There is no official recovery record of the 100 Lira notes from the wreck. They were not handed over by the Greek authorities to the Republic of Turkey like the 50 Kurus notes. It is believed the notes that escaped confiscation were also introduced by Greek and non-Muslim tradesmen and put into circulation in the smaller provinces of Turkey, where communications were poor. The variety of notes confused the public, who were not in a position to tell if the notes were legitimate or not. What is certain is these original notes are extremely rare. Only two pieces were reportedly seen in Turkey in the last few decades. The same is true for the 50 Lira note (P136). Not more than a couple has ever been reported. Although also very hard to acquire, Thomas De La Rue specimen notes remain the best bet for filling this historic gap in a bank note collection of Turkish Republic issues." (source: International Bank Note Society Journal 50.2, Sep. 2011)  : World Banknotes : Auction 165 : Lot 1269
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Turkey (3) comprising 50 Kurus (2) Pick 133 L. 1930 President Mustafa İsmet İnönü at right & Community Center, Ankara series B25 386933 EF or better slight wrinkling considered from water damage given its history along with the later note which got issued after the bombing Pick 134  President Mustafa İsmet İnönü at centre & Central Bank building Ankara series C2 090520. Also the 100 Lira Pick NL unrecorded L.1930 President Mustafa İsmet İnönü at right & Dardanelles view at reverse series H19 02888 Fine - about VF small piece missing from bottom right corner, a small tear at upper centre at fold and a small light rust mark to left but very well kept and an Exceptionally Scarce notes as our research could find that this issue was on a ship (SS City of Roubaix) bombed by Germany while at Piraeus Harbour (Greece)  April 6, 1941 near the beginning of WWII. The Turkish government cancelled the issue and arranged for another instead. All available examples were rescued from the sea therefore signs of salt water damage are to be expected. "There is no official recovery record of the 100 Lira notes from the wreck. They were not handed over by the Greek authorities to the Republic of Turkey like the 50 Kurus notes. It is believed the notes that escaped confiscation were also introduced by Greek and non-Muslim tradesmen and put into circulation in the smaller provinces of Turkey, where communications were poor. The variety of notes confused the public, who were not in a position to tell if the notes were legitimate or not. What is certain is these original notes are extremely rare. Only two pieces were reportedly seen in Turkey in the last few decades. The same is true for the 50 Lira note (P136). Not more than a couple has ever been reported. Although also very hard to acquire, Thomas De La Rue specimen notes remain the best bet for filling this historic gap in a bank note collection of Turkish Republic issues." (source: International Bank Note Society Journal 50.2, Sep. 2011)  : World Banknotes : Auction 165 : Lot 1269
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