Iraq 50 fils note achieves $60,000 at Spink

A Government of Iraq 50 fils note from 1944 achieved £38,000 ($61,659) at Spink's World Banknotes auction on October 2.

The note features a portrait of King Faissall II as a child to the left and perforated "specimen" at the bottom. It is described as being in excellent condition and extremely rare.  

Government of Iraq 50 fils
The note dates to 1944

A 1901 Government of the Falkland Islands five shilling note also featured, and sold for £26,000 ($42,196). It featured three manuscript signatures, and the serial number 00001.

British currency was first used on the islands in 1833, and the Falkland pound was introduced between 1899-1901.

The Argentine National Bank allegedly holds a collection of Falkland Islands currency, which was taken during the occupation in 1982. Over the 74 days the island was under Argentinean control, the peso replaced the pound.

A National Bank of Egypt colour trial £5 with no serial numbers achieved £19,000 ($30,838). A tomb and palm trees are featured at the centre of the note, and the edges are perforated.

A Board of Commissioners of Currency, Malaysia and Borneo $10,000 specimen made £16,500 ($26,783). The note features a white background with orchids and a portrait of Elizabeth II to the right, and is perforated cancelled across the centre.

The note was first printed by Thomas De La Rue in 1953.

We have a wide selection of rare coins available.

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