World Paper Money Offered by Ponterio & Associates

IRVINE, CA–Ponterio & Associates, Inc., the world and ancients auction division of Bowers and Merena Auctions, will conduct its Baltimore Auction of World and Ancient Coins and Paper Money as part of Bowers and Merena’s Official Auction of the June 2010 Whitman Coin & Collectibles Baltimore Expo. The two-session sale will be conducted June 18 and 19 at the Baltimore Convention Center.

More than 2,300 lots will be offered, including approximately 1,500 lots of Ancient and foreign coins and more than 825 lots of world paper money.

“We have received a wide array of important world paper money consignments for this sale,” stated Bowers and Merena’s director of currency auctions, Matthew Quinn. “A splendid selection of Iranian notes from the 1920s and 1930s figure prominently among the highlights in this auction, and they include a stunning Choice Uncirculated 1 Toman note dated 1.6.1920 and attributed as P-1b. Also of note is a China, Republic, 5 Yuan dated 4.10.1914 and attributed as P-34. The note grades Very Fine and is significant because examples of this type are usually seen only in remainder form without signatures and perforated ‘canceled,’ which is a fate this note escaped. We anticipate strong bidder competition for these and other important world paper money lots in this sale.”

Additional world paper money highlights in Ponterio & Associates’ Official June 2010 Baltimore Auction include:

• IRAN. 20 Tomans, 6.12.1924. P-15, Very Fine.
• IRAN. 5 Tomans, 30.3.1925. P-13, Choice Very Fine.
• IRAN. 10 Tomans, 11.10.1927. P-14, Very Fine.
• PALESTINE. 10 Pounds, 30.9.1929. P-9b, Fine-Very Fine.
• DANZIG. 20 Gulden, 2.1.1932. P-60s. Gem Uncirculated.
• CHINA--PEOPLE'S REPUBLIC. 50,000 Yuan, 1950. P-856s, Choice Uncirculated.
• PHILIPPINES. 200 Pesos, 1.1.1912. P-12, Very Fine.
• QATAR & DUBAI. 1, 5 & 10 Riyals, ND (1960). P-1 to 3, Very Fine & Choice Uncirculated.