“I estimate that its price can climb up to four times,” said Aleš Kohout, co-owner of the auction company Bankovky.com sro, which is auctioning the banknote for its client. thousand crowns.
The 5,000-strong banknote, ie a banknote issued by the state and not the National Bank, has been in circulation since 1921. At present, there are only 36 of these extraordinarily valued 5,000 in private and public collections in the Czech Republic and abroad.
It is a rare collector’s specimen with the same motif as the Austro-Hungarian thousand crowns from 1902. It depicts an Art Nouveau female portrait of the wife of one of the authors. The author of most other statesmen from 1919 is Alfons Mucha.
However, you can also unknowingly carry rare banknotes or coins directly in your wallet. For example, ten crowns from a trial excavation from 1993 has now been auctioned for almost 176,000 crowns. Find out more here.
A total of 550 items will be for sale at the auction, which will take place on November 20, 2020 on the LiveBid.cz platform. The auction will include a complete offer of all 20th century banknotes, including this unique 5,000-strong banknote.
Due to the epidemic situation in the Czech Republic, the organizing auction company preferred an online auction. The organizers promise that this will appeal not only to auctioneers, but also to investors. “For collectors for whom banknotes are a lifelong passion, the price of their collections has a much higher value than just the financial one,” Kohout added.
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