Platinum Jubilee: First banknote with Queen image auctioned

First Queen banknote to be auctioned to mark her Platinum Jubilee

This Bermuda five shilling note, dated 20 October 1952, the year the Queen ascended the throne, could fetch up to £500 (Image: SWNS)

On the occasion of the platinum anniversary, the first banknote with a picture of the Queen will be auctioned.

A five shilling note issued in Bermuda dated October 20, 1952, the year the Queen ascended the throne, could fetch up to £500.

It is just one of 500 historic banknotes, all featuring a portrait of the reigning monarch, set to go under the hammer tomorrow at Noonans Auctioneers in Mayfair, London.

A 1971 £5 note in a leather wallet presented to a former deputy governor of the Bank of England could fetch more than £5,000.

It was presented to Sir Jasper Quintus Hollom, who was chief cashier of the Bank of England between 1962 and 1966 and then its deputy governor between 1979 and 1980.

A ten shilling note issued by the Bank of Rhodesia and Nyasaland, now Zimbabwe and Botswana, dated 27 May 1957 is expected to sell for around £700.

A 1980s Belize $100 note is estimated to sell for £1,800, a 1990s Australian $5 model note is expected to fetch at least £1,000 and a British Caribbean $5 note should “ easy” to be sold for more than £1,000.

Coins from every country where banknotes featuring the Queen will go under the hammer – including Fiji, Cyprus, New Zealand and the Falkland Islands.

A 1971 €5 note in a leather case presented to a former deputy governor of the Bank of England was able to fetch more than €5,000. See SWNS story SWNNbanknotes. The first banknote bearing an image of the Queen will be auctioned to mark the Platinum Jubilee. A five shilling note issued in Bermuda dated 20 October 1952, the year the Queen ascended the throne, could fetch up to £500. It is just one of 500 historic banknotes, all featuring a portrait of the reigning monarch, to go under the hammer tomorrow (Tuesday) at Noonans Auctioneers in Mayfair, London. A 1971 €5 note in a leather case presented to a former deputy governor of the Bank of England was able to fetch more than €5,000.

A 1971 £5 note in a leather wallet presented to a former deputy governor of the Bank of England could fetch more than £5,000 (Image: SWNS)

Each banknote will be given its own bespoke commemorative label at the auction, hosted by Noonan’s in central London.

The auction catalog will be a collector’s item in its own right and will include full listings for each individual note, as well as full discussions of every engraved portrait of the Queen that has ever appeared on a banknote.

This includes details of the jewelry she wore and the original photographs that inspired the engravers.

Many of the portraits are very famous, including the 1972 Annigoni portrait, painted to mark the Queen and Prince Phillips’ silver wedding anniversary, and the photographs of Dorothy Wilding, taken just three weeks after her accession to the throne in 1952.

A ten shilling note issued by the Bank of Rhodesia and Nyasaland, now Zimbabwe and Botswana, dated 27 May 1957 is expected to sell for around £700. See SWNS story SWNNbanknotes. The first banknote bearing an image of the Queen will be auctioned to mark the Platinum Jubilee. A five shilling note issued in Bermuda dated 20 October 1952, the year the Queen ascended the throne, could fetch up to £500. It is just one of 500 historic banknotes, all featuring a portrait of the reigning monarch, to go under the hammer tomorrow (Tuesday) at Noonans Auctioneers in Mayfair, London. A 1971 €5 note in a leather case presented to a former deputy governor of the Bank of England was able to fetch more than €5,000.

Meanwhile, a ten shilling note issued by the Bank of Rhodesia and Nyasaland, now Zimbabwe and Botswana, dated 27 May 1957 is expected to sell for around £700 (Image: SWNS).

Auction Expert Thomasina Smith said: “We are delighted to be holding this auction to coincide with the Queen’s Platinum Jubilee celebrations.

“No other monarch has appeared on so many banknotes from so many countries.

“Not only do they show them throughout their 70-year reign, but they are stylistically wonderful works of art that show the progression and history of the banknote.

“The sale will include banknotes from all corners of the Commonwealth and there will be examples from every country on which the Queen’s portrait has appeared.”

Noonans auctioneers specialize in coins, medals, banknotes and jewelery and the collection is titled The Platinum Jubilee Collection.

Get in touch with our news team by emailing us at webnews@metro.co.uk.

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https://metro.co.uk/2022/05/31/platinum-jubilee-first-banknote-with-picture-of-the-queen-auctioned-16738622/ Platinum Jubilee: First banknote with Queen image auctioned

Justin Scacco

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