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Auction: 24009 - World Banknotes
Lot: 419

(x) Union of South Africa, South Africa, [Top Pop] specimen gold certificate £10.000, Pretoria, 1920, serial number E/1 000000, This series of banknotes represents a rare and valuable piece of the country’s past, positioned between two monumental changes in South Africa's financial history. Produced after the Union of South Africa was established in 1910, these notes were issued during a time when only six banks were authorised to print currency under the supervision of the Treasury of the Union of South Africa. This specimen states on its obverse that it was "Issued under the Currency and Banking Act, 1920." Banknotes from the era of the Union of South Africa reflect the nation's evolving political and economic landscape. While they feature Afrikaans on one side (seen on the reverse of this specimen £10,000), their design remains distinctly British in style, especially before the establishment of the South African Reserve Bank in 1921. During much of this era, South Africa, as one of the world's leading gold producers and maintained a currency tied to the gold standard. But this ends with the 1920 series.

(Pick 73s), in PMG holder 55 About Uncirculated, minor rust, pinholes, ex- Peter Holland Collection, this is the sole example graded on PMG Census

Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.

Estimate
£5,000 to £7,500