Collection PL

Paraguay 1907 - Banco de la República 5 Pesos with 1912 Dual-Side State and Treasury Revalidation Overprint (Pick Unlisted, Base Pick 156)

The importance of this note lies in the second, reverse-side overprint. The face stamp alone identified a note as part of the 1912 state emission, but the reverse validation added a further administrative layer. It showed that the note had not merely been converted from old Banco de la República stock into emergency state currency, but had also passed through Treasury supervision under the Departamento de Hacienda and the Junta Fiscalizadora. That second mark connected the note to fiscal inspection, public-account control, and the official decree of 20 May 1912. Read more →

Paraguay 1907 - Banco de la República 5 Pesos with 1912 State Overprint (Pick 127, Base Pick 156)

The base design is a refined Waterlow & Sons production. The face combines black intaglio engraving, pale blue underprinting, large 5 Pesos denomination devices, a red serial number, and a dense guilloché security field. The Gothic-style Banco de la República lettering gives the note a strong institutional character, while the national emblem at center provides the ideal location for the later state overprint. The reverse, printed in brown, uses large denomination medallions, guilloché rosettes, and the national emblem to create a balanced and technically sophisticated security design. Read more →

Paraguay 1907 - Banco de la República 5 Pesos Issued Note (Pick 156)

The reverse, printed in brown, is built around a balanced arrangement of large denomination medallions and the national emblem of Paraguay. The central arms, wreath, and star are surrounded by fine guilloché work and ornamental rosettes, with the Waterlow & Sons imprint placed along the lower design. This reverse becomes especially important when compared with the dual-side revalidated variety, because the later Treasury overprint was placed directly over this brown security design. On the present issued note, the reverse remains undisturbed, showing the original artwork before it was converted into a fiscal validation surface. Read more →

Barbados 1968 - Bank of Barbados 5 Dollars Prefix AA Front and Back Archival Photograph (Pick Unlisted)

Paper Money Guaranty identifies the pieces as Front Archival Photograph and Back Archival Photograph and classifies them as Pick Unlisted. The photographs are not legal tender, were never issued for circulation, and do not represent specimens of a released Barbados banknote type. Instead, they survive as primary-source production records from the design history of modern Barbados paper money. Read more →

China 1949 - People's Bank of China 100 Yuan Red Ship Unnumbered Multi-Layer Alignment Trial with Inverted 1948 100 Yuan Underprint (Pick Unlisted)

This 1949 100 Yuan Red Ship alignment trial from the People's Bank of China belongs to the production history of the First Series Renminbi, the founding paper-money issue of the early People's Republic of China. The issued Red Ship note is cataloged as Pick 831b, while this piece is Pick Unlisted because it survives in an unfinished production-stage format, without serial numbers or final trimming and with oversized margins and printer guide marks. Read more →

Poland 1994 - 50 Zlotych Rare London Print C-Prefix Note, CH9769411, Milczak 198A

Unlike proofs, specimens, or other prepared archival material, this is a regular circulation issue whose significance depends on production sequence, printer attribution, and survival. Most C-prefix notes entered circulation without attracting attention, making surviving high-grade examples uncommon and preserving a small but important part of the production history of the 1994 series. Read more →

Ireland - Northern 1929 - Ulster Bank Limited 1 Pound Uncut Sheet of 3 Proofs with Specimen Perforation (Pick Unlisted)

Ulster Bank Limited belonged to the private banknote tradition of Ireland and Northern Ireland, where commercial banks continued to issue their own notes under regulated authority. As an uncut sheet of 3 proofs on Ulster Bank Limited watermarked security paper, this object stands as a rare and unusually complete survivor of the Pick 306p design family and supports its classification as an R9 Extremely Rare proof artifact. Read more →

Ireland - Northern 1929 - Ulster Bank Limited 1 Pound Proof with Specimen Perforation (Pick 306p)

This 1929 Ulster Bank Limited 1 Pound proof belongs to the Northern Ireland Issue period, when commercial banks in Northern Ireland continued the older Irish and British private-bank note tradition under a sterling monetary system. The note is cataloged as Pick 306p and represents proof-stage material for an Ulster Bank Limited 1 Pound design prepared after partition, when Belfast had become the central geographic identity for the bank’s Northern Ireland note issue. Read more →

Ireland - Northern 1929 - Ulster Bank Limited Large-Format Watermarked Security Paper

The paper is a production artifact in its own right. It shows the physical substrate prepared for banknote manufacture before printed design, serial numbering, signatures, or denomination-specific engraving were applied. The repeated Ulster Bank Limited watermark is clearly visible when the sheet is backlit, giving the piece strong technical value as surviving banknote security paper rather than only a supporting accessory to a printed proof. Read more →

Ireland - Northern 1940 - Ulster Bank Limited 1 Pound Issued Note (Pick 306)

The promise-to-pay text dominates the center of the note, presenting the banknote as the obligation of Ulster Bank Limited rather than a central-bank issue. The large blue ONE POUND panel, red serial numbers, ornamental denomination cartouches, and engraved borderwork create a layered design that remained close to the proof material of the same design family while functioning here as a completed issued note. Read more →

Scotland 1966 - National Commercial Bank of Scotland Limited 5 Pounds Issued Note (Pick 272a)

As an issued 5 Pounds note graded PMG 58 Choice About Uncirculated, this example preserves the completed Pick 272a design with strong visual clarity, original presentation, and clear watermark evidence. It also serves as the finished-note counterpart to the photographic back proof material for the same National Commercial Bank of Scotland Limited 5 Pounds design group, showing how the approved face, watermark, serial system, and Edinburgh reverse came together in the final issued banknote. Read more →

Scotland 1962 - National Commercial Bank of Scotland Limited 5 Pounds Photographic Back Proof, Edinburgh Castle Design (Pick Unlisted)

This proof belongs naturally beside the issued 1966 Pick 272a example. The issued note shows the complete banknote, with face, date, serial number, signatures, printer, watermark, and the finished Edinburgh reverse. This photographic proof isolates the back design before that full banknote structure is assembled, allowing the reverse to be studied as an approved visual and technical component in its own right. Read more →