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Auction: 16037 - The Bruce Smart Collection of Middle East and North Africa
Lot: 12

(x) National Bank of Egypt, 50 piastres, 1 January 1899, serial number A/1 002907, black on pink and green underprint, the Sphinx at centre, value at centre and at each corner, reverse green, value at left and right, Palmer signature
(Pick 1a), no graffiti, in PMG holder 25, very fine, and the much scarcer Palmer signature, extremely rare and probably the nicest example we have seen at Spink, superb

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Sold for
£34,000