41924 Australian Banknote – $1.2 million
This rare 1924 George V 1000 pound Australian banknote which was sold in a public auction, set a new world record for most expensive Australian banknote ever sold.
Purchased by the Rare Coin Company for $1.2 million, the banknote was last sold during at auction in November 1998, where it fetched $86.000.
Robert Jackman, the director of the Rare Coin Company, declared : ‘This is truly an opportunity for all Western Australian’s to view a unique numismatic rarity as once the exhibition is over the banknote is unlikely to be seen in the public domain again for a significant period of time.
As one of Australia’s leading numismatic specialists, we are thrilled to secure such an important numismatic rarity and what makes this experience even more satisfying for us is to know that the artistic excellence and historical value of the banknote will now be able to be enjoyed by all those who attend the exhibit.’
