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Results for “watermarked paper”
Mauritius 1842 Mauritius Commercial Bank 10 Dollars / 2 Pounds Sterling Issued & Cancelled

Mauritius 1842 - Mauritius Commercial Bank 10 Dollars / 2 Pounds Sterling Issued & Cancelled (Pick S122a)

Each note was printed on watermarked paper, completed by hand, and countersigned by bank officials. Surviving examples such as this are among the earliest tangible records of Mauritius’s entry into formal banking and British colonial monetary structure. Read more →

MauritiusIssued & Cancelled Note184210 Dollars / 2 Pounds SterlingFine–Very Fine (Issued & Cancelled) Issued NoteCancelled10 Dollars2 PoundsDual-CurrencyColonial CurrencyMyers Frs & CoEngraved Security PrintingMauritius Commercial BankEarly Mauritius BankingColonial Banking HistoryPrivate Banknote EraPort Louis Harbor VignetteBritish Colonial Finance19th Century BanknotesRedemption and Cancellation NotesMauritiusPort Louis1842Museum GradeR6 Extremely Rare
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Uruguay 1862 Banco de Londres y Rio de la Plata 100 Pesos Pick S245s specimen, perforated SPECIMEN, engraved by Bradbury Wilkinson & Co., graded PMG 64 EPQ

Uruguay 1862 - Banco de Londres y Rio de la Plata 100 Pesos Specimen (Pick S245s)

Engraved and printed by Bradbury, Wilkinson & Co. in London, the note reflects the firm’s first major commission for the Rio de la Plata area. The allegorical vignettes-Mercury representing trade and Agriculture symbolizing prosperity-conveyed both British confidence and local ambition. Dense guilloché fields, lathe-turned borders, and watermarked paper illustrate BWC’s early transition from hand-engraved dies to mechanical precision engraving, a security standard that shaped modern banknote production. Read more →

UruguaySpecimen1862100 PesosPMG 64 EPQ Pick S245sPick S245SpecimenBanco de Londres y Rio de la PlataBradbury WilkinsonBWCUruguay 19th Century100 PesosUruguay1862
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Poland 1926 10 Zlotych watermarked paper with Boleslaw Chrobry 10 ZL watermark

Poland 1926 - Bank Polski 10 Zlotych Archival Watermarked Paper (Miłczak 64)

Blank paper stock prepared for the 1926 10 Zlotych issue, classified by PMG as Watermarked Paper. Read more →

PolandArchival Watermarked Paper192610 złotychPMG Certified Archival PaperArchival Watermarked PaperWatermarked PaperBoleslaw Chrobry WatermarkDiagonal Watermark LayoutBank PolskiSecurity Paper ProductionWatermark StandardizationInterwar Printing ProcessSecond Polish Republic CurrencyUnissued IssueInterwar Polish BanknotesPoland192610 ZlotychPick 65Milczak 64PMG 1922053-018Museum GradeR8 Extremely Rare
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Poland 1940 500 Złotych Series B, unfinished print fragment with partial obverse and full reverse, PMG holdered

Poland 1940 - 500 Zlotych Series B Unfinished Print Fragment (Pick 98)

PMG encapsulated the piece under the descriptive designation "Printing Remnants" without assigning a numerical grade. Its importance lies in the production evidence retained within a single unfinished note: the established obverse underprint, the absence of the principal obverse design, a substantially developed reverse, the B 2048322 serial number and the original watermarked paper. Together, these features preserve several normally integrated elements of banknote manufacture in an unfinished state. Read more →

PolandPrinting Remnant1940500 ZłotychPMG Holdered (Descriptive, no numeric grade) Printing RemnantPrinting RemnantsUnfinished PrintIncomplete PrintUnfinished BanknoteProduction MaterialProduction StagePrinting ProcessBanknote ProductionPrinter's SheetPrinter's Sheet FragmentSheet FragmentProduction Sheet500 Zlotych500 Zlotych 1940Bank Emisyjny w PolsceEmission BankEmission Bank in PolandPolandPolish BanknotePolish CurrencyGerman OccupationGerman Occupied PolandGeneral GovernmentGeneralgouvernementWorld War IIWWIIWartime CurrencyOccupation Currency19401 March 1940Pick 98Milczak 98MilczakSeries BB 2048322B2048322Serial B 2048322Serial B2048322Serial NumberSerial Number AnomalyUnrecorded Serial NumberUnrecorded Serial Range20xxxxx Serial RangeSeries B Serial NumberSeries B 20xxxxxAborted ProductionInterrupted ProductionIncomplete ProductionProduction AnomalyUnderprintObverse UnderprintGreen UnderprintMissing Main DesignMissing Obverse DesignMissing PortraitIncomplete ObverseReverse DesignMorskie OkoTatra MountainsTatrasWatermarkMan's HeadMan's Head WatermarkHighlanderHighlander PortraitHighlander WatermarkGoralGoral PortraitGoral WatermarkPortrait WatermarkObverse PortraitWatermarked PaperPMGPMG Printing RemnantsDescriptive HolderNo Numeric GradeZlotyZlotych
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Uruguay 1939 Banco de la Republica Oriental del Uruguay 50 Pesos Serie C specimen, Specimen No. 9, Pick 38bs, with all-zero serial numbers, diagonal red SPECIMEN overprint, red oval printer control stamps, Indigenous warrior portrait, Jose Gervasio Artigas watermark, and ceremonial historical reverse, certified Paper Money Guaranty 65 Gem Uncirculated Exceptional Paper Quality

Uruguay 1939 - Banco de la Republica Oriental del Uruguay 50 Pesos Serie C Specimen, Specimen No. 9 (Pick 38bs)

The obverse is organized beneath the commanding title REPUBLICA ORIENTAL DEL URUGUAY, with CINCUENTA PESOS integrated into the lower central portion of the design. The composition is constructed from elaborate geometric security engraving, ornamental borders, repeated denomination devices, and carefully balanced fields of blue and brown printing. The large oval at left accommodates the watermark of Jose Gervasio Artigas, incorporating Uruguay's principal national figure into the physical structure of the paper. Read more →

UruguaySpecimen with Red Overprint and Oval Printer Control Stamps193950 PesosPMG 65 EPQ Specimen50 PesosSerie CSpecimen No 9All Zero Serial NumbersRed SPECIMEN OverprintRed Oval Printer Control StampsTwo Sided Specimen CancellationIndigenous Warrior PortraitFeathered HeaddressJose Gervasio Artigas WatermarkCeremonial Historical ReverseBanco de la Republica Oriental del UruguayThomas De La Rue and Company LimitedIntaglio PrintingSecurity EngravingGuilloche DesignWatermarked PaperMulti Color Security PrintingPrinted Specimen ControlNumbered Institutional SpecimenLondon Security PrintingUruguay Monetary HistoryLaw of 2 January 1939Interwar Monetary SystemState Issued CurrencyInstitutional Reference NoteHigh Value Commercial CurrencySpecimen DistributionBanknote Production HistoryHistoryUruguay193950 PesosPick 38bsPick 38bPMG 65Gem UncirculatedExceptional Paper QualityR8 Extremely RareMuseum Grade
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Uruguay 1939 design authorized for Banco Central del Uruguay in 1967, 50 Pesos Serie D specimen, Specimen No. 2, Pick 42As, with all-zero serial numbers, diagonal red SPECIMEN overprint, red oval Thomas De La Rue printer control stamps, Indigenous warrior portrait, Jose Gervasio Artigas watermark, and historical assembly reverse, certified Paper Money Guaranty 66 Gem Uncirculated Exceptional Paper Quality

Uruguay 1939 (1967 Authorization) - Banco Central del Uruguay 50 Pesos Serie D Specimen, Specimen No. 2 (Pick 42As)

The note occupies an important position in the institutional history of Uruguayan paper money. Its visual design originated with the issue authorized under the law of 2 January 1939, when note issuance remained associated with the Departamento de Emision of the Banco de la Republica Oriental del Uruguay. Following the establishment of the Banco Central del Uruguay in 1967, the denomination continued through a new authorization while retaining the familiar artistic and technical structure developed for the earlier series. Read more →

UruguaySpecimen with Red Overprint and Oval Printer Control Stamps193950 PesosPaper Money Guaranty 66 Gem Uncirculated Exceptional Paper Quality Specimen50 PesosSerie DSpecimen No 2All Zero Serial NumbersRed SPECIMEN OverprintRed Oval Printer Control StampsTwo Sided Specimen CancellationIndigenous Warrior PortraitFeathered HeaddressJose Gervasio Artigas WatermarkHistorical Assembly ReverseBanco Central del UruguayBanco de la Republica Oriental del UruguayDepartamento de EmisionThomas De La Rue and Company LimitedIntaglio PrintingSecurity EngravingGuilloche DesignWatermarked PaperMulticolor Security PrintingPrinted Specimen ControlNumbered Institutional SpecimenLondon Security PrintingReused Banknote Plate DesignUruguay Monetary HistoryLaw of 2 January 19391967 Central Bank AuthorizationBanco Central del Uruguay ReissueCentral Bank TransitionInstitutional ContinuityInterwar Banknote DesignPostwar Monetary AdministrationState Issued CurrencyInstitutional Reference NoteBanknote Production HistoryHistoryUruguay1939196750 PesosPick 42AsPick 42APaper Money Guaranty 66Gem UncirculatedExceptional Paper QualityR8 Extremely RareMuseum Grade
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New South Wales 1865 embossed ONE HALF PERCENT stamp duty fiscal proof specimen with colourless embossing, blue layout frame and printed Specimen legend

New South Wales 1865 - Embossed 'ONE HALF PERCENT' Stamp Duty Fiscal Proof Specimen

The proof is printed on watermarked paper manufactured by Cowan & Sons, one of the principal British suppliers of high-grade security paper during the nineteenth century. Such paper stocks were widely used for government revenue instruments and later for colonial banknotes. The presence of Cowan paper reflects the integration of New South Wales fiscal printing into the broader British security printing industry. Read more →

AustraliaFiscal Die Proof1865One Half PercentUnissued archival proof (colourless embossing with printed SPECIMEN) Fiscal ProofDie ProofEmbossed Revenue PaperStamp Duty PaperAd Valorem DutyOne Half PercentNew South Wales TreasuryColonial Revenue SystemGovernment Fiscal PaperLegal Document AuthenticationThomas De La RueTDLRCowan & Sons PaperSecurity Paper ProductionEmbossed Die EngravingEarly Security PrintingAustraliaNew South Wales1865Colonial Fiscal PrintingRevenue Paper HistoryMuseum Grade
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United States 1970s Giori Test Note Jefferson Center black front green back inverted red serial number CT68666 watermark PMG 64 EPQ Choice Uncirculated

United States ca. 1970s – Giori Test Note – Jefferson Center, Black Front / Greenback Inverted Experimental Serial With Watermark

The front is printed in deep black on watermarked paper and carries an experimental red serial number, CT68666, inverted relative to the design. Serial numbering on Giori tests is unusual; inversion shows the sheet was fed intentionally in reverse for mechanical calibration of numbering direction and feed sequencing. Bars across the portraits act as alignment guides for optical measurement during press setup. Read more →

United StatesTest Note1970Test NotePMG 64 EPQ Choice Uncirculated United StatesGiori Test NoteJefferson Center1970Black FrontGreenbackInverted SerialExperimental SerialWatermarkPMG 64 EPQ
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Uruguay 1939 Banco de la Republica Oriental del Uruguay 1000 Pesos specimen, Serie D, Specimen No. 23, Pick 41cs, with all-zero serial numbers, diagonal red SPECIMEN overprint, red oval specimen stamps, portrait and watermark of Jose Gervasio Artigas, and equestrian reverse, graded PMG 65 Gem Uncirculated Exceptional Paper Quality

Uruguay 1939 - Banco de la Republica Oriental del Uruguay 1000 Pesos Specimen, Printed Cancel, Serie D, Specimen No. 23 (Pick 41cs)

Issued under the authority of the Banco de la Republica Oriental del Uruguay, this 1939 one thousand pesos specimen is an official reference example from Serie D, numbered Specimen No. 23. It records the completed appearance of one of the most imposing denominations in Uruguay's prewar paper currency system, preserved in specimen form for controlled administrative, banking, and archival use. Read more →

UruguaySpecimen with Red Overprint and Oval Stamps19391000 PesosPMG 65 Gem Uncirculated Exceptional Paper Quality Specimen1000 PesosSerie DSpecimen No 23All Zero Serial NumbersRed SPECIMEN OverprintRed Oval Specimen StampsJose Gervasio Artigas PortraitJose Gervasio Artigas WatermarkEquestrian ReverseBanco de la Republica Oriental del UruguayThomas De La Rue and Company LimitedIntaglio PrintingSecurity EngravingGuilloche DesignWatermarked PaperPrinted Specimen CancellationInstitutional Reference SpecimenUruguay Monetary HistoryLaw of 2 January 1939High Denomination CurrencyState BankingSpecimen DistributionBanknote Production HistoryHistoryUruguay19391000 PesosPick 41csPick 41cPMG 65Exceptional Paper QualityR8 Extremely RareMuseum Grade
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Uruguay 1939 Banco de la Republica Oriental del Uruguay 1000 Pesos specimen, Serie C, Specimen No. 2, Pick 41bs, with all-zero serial numbers, diagonal red SPECIMEN overprints, red oval specimen stamps, portrait and watermark of Jose Gervasio Artigas, and mounted rider reverse, graded PMG 63 Choice Uncirculated

Uruguay 1939 - Banco de la Republica Oriental del Uruguay 1000 Pesos Specimen, Printed Cancel, Serie C, Specimen No. 2 (Pick 41bs)

Graded Paper Money Guaranty 63 Choice Uncirculated, this Serie C, Specimen No. 2 note preserves a particularly early numbered specimen from the issue. Its importance rests in the combination of denomination, series identity, low specimen number, complete two-sided cancellation system, Artigas portrait and watermark, and the finished production quality of Thomas De La Rue and Company Limited. It is a significant archival record of how Uruguay's 1939 one thousand pesos design was documented and controlled before or alongside formal monetary distribution. Read more →

UruguaySpecimen with Red Overprint and Oval Stamps19391000 PesosPMG 63 Choice Uncirculated Specimen1000 PesosSerie CSpecimen No 2Low Specimen NumberAll Zero Serial NumbersRed SPECIMEN OverprintRed Oval Specimen StampsJose Gervasio Artigas PortraitJose Gervasio Artigas WatermarkEquestrian ReverseBanco de la Republica Oriental del UruguayThomas De La Rue and Company LimitedIntaglio PrintingSecurity EngravingGuilloche DesignWatermarked PaperPrinted Specimen CancellationNumbered Reference SpecimenUruguay Monetary HistoryLaw of 2 January 1939High Denomination CurrencyState BankingEarly Specimen SequenceBanknote Production HistoryHistoryUruguay19391000 PesosPick 41bsPick 41bPMG 63R8 Extremely RareMuseum Grade
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Archival watermark paper prepared by Thomas De La Rue in London for the unissued 1928 Bank Polski 20 złotych banknote, featuring multitone watermark of Marynia Połaniecka after Piotr Stachiewicz, PMG certified 1921685-037, R9 Extremely Rare

Poland 1928 - Bank Polski 20 Zlotych Archival Watermarked Paper (Miłczak 67)

Archival watermarked paper prepared by Thomas De La Rue and Company Limited in London for the unissued Bank Polski 20 Zlotych banknote dated 2 January 1928. This piece preserves the original production substrate for the note: the security paper with multitone portrait watermark, before banknote printing. It is not a printed banknote, but a surviving archival component from one of the most important unrealized Polish banknote projects of the interwar period. Read more →

PolandArchival Watermarked Paper192820 ZlotychPMG Certified Archival PaperArchival Watermarked PaperWatermarked PaperWoman's Head WatermarkMarynia PołanieckaPiotr StachiewiczSteel EngravingStalorytUnissued DesignUnissued Banknote ProjectProduction SubstrateSecurity PaperThomas De La Rue and Company LimitedBank PolskiSecond Polish Republic CurrencyInterwar Polish BanknotesSecurity Printing HistoryMultitone WatermarkPortrait WatermarkLondon PrintingThomas De La Rue ArchivePolandPoland 1928192820 ZlotychMiłczak 67Museum GradeR9 Extremely Rare
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United States 1875 Fourth Issue Fractional Currency 25 Cents note, Friedberg 1301, printed on watermarked paper with 40 millimeter red Treasury seal, Allison and Spinner signatures, graded PMG 62 EPQ Uncirculated.

United States 1875 - Fourth Issue Fractional Currency, 25 Cents, Watermarked Paper, 40mm Seal (Friedberg 1301, Allison-Spinner)

This example bears the portrait of George Washington and carries the signatures of Treasurer William Allison and Register of the Treasury Francis E. Spinner. It is printed on watermarked paper and features the 40 millimeter red Treasury seal - both characteristics explicitly identified on the certification holder and essential to correct subtype classification within the Friedberg system. Read more →

United StatesFractional Currency187525 CentsPMG 62 EPQ Uncirculated Fractional CurrencyIssued NoteFourth IssueWatermarked Paper40mm SealLarge red Treasury sealCivil War era currency25 CentsBureau of Engraving and PrintingFriedberg 1301Allison signatureSpinner signatureExceptional Paper Quality designationUnited States fractional moneyReconstruction era currencyEmergency paper currencyHistoryUnited States18751878PMG 62 EPQUncirculatedMuseum Grade
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