The David Kirch Collection of Bank of England Notes - Part I.

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10 OCTOBER 2012 LONDON THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES PART I

description

The David Kirch Collection of Bank of England Notes - Part I.

Transcript of The David Kirch Collection of Bank of England Notes - Part I.

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STAMPS COINS BANKNOTES MEDALS BONDS & SHARES AUTOGRAPHS BOOKS WINES

69 Southampton Row, Bloomsbury, London WC1B 4ETwww.spink.com

10 OCTOBER 2012

LONDON

£25 THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES

PART I

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BANKNOTES, BONDS & SHARES

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BANKNOTES

26 September Charity Auction of Bank of England Notes London 120372/3 October World Banknotes London 120234 October The George Kanaan Collection of Banknotes of the Middle East London 120479 October The David Kirch Collection of English Provincial Banknotes - Part I London 1203510 October The David Kirch Collection of Bank of England Notes - Part I London 1203427 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 3156 December World Banknotes London 1202412 January Banknotes of Hong Kong and China Hong Kong 1300515/16 January The Collector’s Series Sale New York 316

SALE CALENDAR 2012/2013

The above sale dates are subject to change

Spink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –

– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

STAMPS

12 September The Chartwell Collection - GB King Edward VIII, King George VI and Queen Elizabeth II London 1201713 September The Gavin Littaur Collection of British Postal History. Selected rare covers from the period 1840-53 London 1204522 September Fine Stamps and Covers of South East Asia Singapore 1201911 October Great Britain Stamps Specialised Sale London 1201823 October Victoria Half Lengths - The John Barwis Collection London 1204223 October The “Fordwater” Collections of Falkland Islands, Gibraltar and Malta London 1203923 October Latin America, including the Tito Collection - Part II Lugano SW100324 October Queensland - The Alan Griffiths Collection London 1204324 October The Collector’s Series Sale Lugano SW100427 October The Collector’s Series Sale Hong Kong 120487 November The Collector’s Series Sale London 120208 November Great Britain - The “Fordwater” Collection London 120498/9 November The Collector’s Series Sale New York13/14 November The Morgan Collection of Australian Commonwealth London 1204612 December The Chartwell Collection - GB Line-Engraved Essays, Proofs, Stamps and Covers - Part IV London 1202113 January The Mizuhara Collection of Korean Stamps Hong Kong 1300813 January Fine Stamps and Covers of Hong Kong and China Hong Kong 13009

COINS

26 September Ancient, British & Foreign Coins and Commemorative Medals London 1202627 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 3154 December Ancient, English & Foreign Coins and Commemorative Medals London 1202712 January Fine Coins of Hong Kong and China Hong Kong 1300715/16 January The Collector’s Series Sale New York 316

MEDALS

6 September The Bentley Priory Battle of Britain Trust Appeal Charity Auction London 1204422 November Orders, Decorations, Campaign Medals & Militaria London 1200425 April Orders, Decorations, Campaign Medals & Militaria London 1300125 July Orders, Decorations, Campaign Medals & Militaria London 1300221 November Orders, Decorations, Campaign Medals & Militaria London 13003

BONDS AND SHARES

27 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 31528 November Bonds and Share Certificates of the World London 1201112 January Bonds and Share Certificates of Hong Kong and China Hong Kong 1300615/16 January The Collector’s Series Sale New York 316

AUTOGRAPHS

13/14 November The Collector’s Series Sale New York 31515/16 January The Collector’s Series Sale New York 316

WINES

September An Evening of Exceptional Wines Hong KongNovember An Evening of Exceptional Wines Hong Kong

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THE DAVID KIRCH COLLECTION OFBANK OF ENGLAND NOTES - PART I

10 October 2012 in London and on

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SALE DETAILS

Wednesday 10 October 2012 at 10.00 a.m.

In sending commission bids or making enquiries,

this sale should be referred to as NEWLAND - 12034

VIEWING OF LOTS

SPINK LONDON

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Monday 8 October 2012 10.00 a.m. - 5.00 p.m.

Tuesday 9 October 2012 10.00 a.m. - 5.00 p.m.

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

ABRAHAM NEWLAND 1-15

HENRY HASE 16-42

THOMAS RIPPON 43-45

MATTHEW MARSHALL 46-66

WILLIAM MILLER 67-68

GEORGE FORBES 69

FRANK MAY 70-77

HORACE GEORGE BOWEN 78-80

JOHN GORDON NAIRNE 81-92

ERNEST MUSGRAVE HARVEY 93-112

CYRIL PATRICK MAHON 113-123

BASIL GAGE CATTERNS 124-141

KENNETH OSWALD PEPPIATT 142-169

ORDER OF SALE

ALL REFERENCES FROM ENGLISH PAPER MONEY 8th EDITION

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October 10, 2012 - LONDON

I have always admired the Bank of England series of banknotes. ‘Liked’ doesn’t really seem theright word. They strike me as being beautifully understated examples of what a banknote shouldbe, classy, reliable and steeped in history. The David Kirch collection is the finest collection ofBank of England notes in private hands and I am delighted to be able to offer the collection in aseries of auctions. Over two and a half decades ago I sold Bob Blake a few £100 notes (on credit!)and Bob built up a lovely collection which was subsequently acquired by David. Bob then tookon the job of building David’s collection into something special, as evidenced by the notes in thiscatalogue. Bob, sadly, is no longer with us but I am sure that he would be happy with the waythat David has carried on the collection. There are so many rarities and ‘specials’ that it isimpossible to pick just one out but collectors will know that anything 18th century is rarer than‘hens teeth’ and that anything 19th century is just rare. There are a great many of both in thecollection; a number 4 £1 note from 1797, a £50 from 1832, a ‘Portsmouth’ branch note from1849 and so on. This truly is a remarkable collection and clear evidence of both David and Bob’spassion and dedication for the hobby. I know that David and Bob would agree, that thesetreasures should now find collectors who will cherish them for the tradition, history and beautythat they deserve, good luck!

Barnaby

FOREWORD

Lot 1

All notes being sold on behalf of the David Kirch Charitable Trust

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ABRAHAM NEWLAND

WEDNESDAY 10 OCTOBER 2012

Commencing at 10.00 a.m.

All Sales are subject to the Terms and Conditions of Buyers printed at the back of this catalogue

EstimatesThe estimated selling price of each lot is printed below the lot description and does not include the Buyer’s Premium.

Bidders should bear in mind that estimates are prepared well in advance of the sale and are not definitive.They are subject to revision.

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October 10, 2012 - LONDON

1Bank of England, Abraham Newland (1778-1807), £1, London, manuscript date 2 March 1797,manuscript serial number 4, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, manuscript Mr Abraham Newland intext at centre and manuscript signature low left andlow right (EPM B 200a), slight foxing otherwise apleasing good fine and a superb low number. Number 1whereabouts unknown, number 2 in a private collection,number 3 in the Institute of Bankers and this lot,number 4, is the Kirch example, exceptional

£15,000-25,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

2Bank of England, Abraham Newland (1778-1807), £1, London, manuscript date 8 August 1798,manuscript serial number A4704, black and white,ornate crowned vignette of Britannia top left, value inblack tablet low left, printed signature of Mr AbrahamNewland in text at centre and manuscript signaturelow left and low right, border around (EPM B 200b),VG, rare

£1,500-2,000

3Bank of England, Abraham Newland (1778-1807), £1, London, manuscript date 28 August 1799,manuscript serial number 6149, black and white,ornate crowned vignette of Britannia top left, value inblack tablet low left, printed Mr Abraham Newland intext at centre and manuscript signature low left andlow right, rectangular border around (EPM B 200b),on backing card, poor but presentable enough and rare

£600-800

4Bank of England, Abraham Newland (1778-1807), proof £1, London, 180-, black and white,ornate crowned vignette of Britannia top left, date1807 below, value in black tablet low left (EPM B 200for type), good extremely fine and rare

£1,000-1,500

5Bank of England, Abraham Newland (1778-1807), £1, London, manuscript date 14 November1803, manuscript serial number 1784, black andwhite, ornate crowned vignette of Britannia top left,date 1803 below, value in black tablet low left,manuscript Mr Abraham Newland in text at centre andmanuscript signature low left and low right (EPM B200c), handstamped FORGED several times, about fineand rare

£400-600

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October 10, 2012 - LONDON

6Bank of England, Abraham Newland (1778-1807), £1, London, manuscript date 17 January1804, manuscript serial number 16497, black andwhite, ornate crowned vignette of Britannia top left,date 1804 below, value in black tablet low left, printedMr Abraham Newland in text at centre and manuscriptsignature low left and low right, rectangular borderaround (EPM B 200d), toned at centre with whitemargin from framing, fine, presentable and rare

£1,500-2,500

7Bank of England, Abraham Newland (1778-1807), £1, London, manuscript date 4 August 1807,manuscript serial number 8412, black and white,ornate crowned vignette of Britannia top left, value inblack tablet low left, printed Mr Abraham Newland intext at centre and manuscript signature low left andlow right, rectangular border around (EPM B 200d),some splitting at left and right, VG, rare

£1,200-1,800

8Bank of England, Abraham Newland (1778-1807), an unissued £2, London, 17- (1799), blackand white, ornate crowned vignette of Britannia topleft, date 1797 at left and right of Britannia, value inblack tablet low left, printed Mr Abraham Newland intext at centre (EPM B 200e), a pleasing fine and veryrare

£3,500-4,500

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

9Bank of England, Abraham Newland (1778-1807), £2, 6 July 1803, serial number 8363, blackand white, ornate crowned vignette of Britannia topleft, value in black tablet low left, manuscript serialnumber, date and two signatures below (EPM B200h), some ink corrosion, value in watermark type,good fine and a good looking note, rare in this grade

£3,000-4,000

This is the Duggleby plate note

10Bank of England, Abraham Newland (1778-1807), £2, London, manuscript date 6 December1805, manuscript serial number 1779, black andwhite, ornate crowned vignette of Britannia top left,date 1805 above, value in black tablet tilted low left,printed Mr Abraham Newland in text at centre andmanuscript signature low left and low right (EPM B200i), VG, manuscript lines across face, rare

£3,500-4,500

11Bank of England, Abraham Newland (1778-1807), £5,London, manuscript date 3 July 1804, manuscript serialnumber 4510, black and white, ornate crowned vignette ofBritannia top left, date 1804 to left and right, value in blacktablet low left, printed Mr Abraham Newland in text atcentre and manuscript signature low left and low right (EPMB 200k), a splendid fresh example the paper white and thepaper retaining good fabric and strength, extremely rare inthis grade and a very rare note in any condition, fresh very fine

£8,000-12,000

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October 10, 2012 - LONDON

12Bank of England, Abraham Newland (1778-1807), £10, London, manuscript date 15 April 1789,manuscript serial number 6645, black and white,ornate crowned vignette of Britannia top left, date1804 to left and right, value in black tablet low left,manuscript Mr Abraham Newland in text at centre andmanuscript signature low left and of Wm. Jackson lowright (EPM B 200l for later date), a few annotationsotherwise a lovely fresh example the paper white and thepaper still retaining good body, extremely rare in thisgrade and a very rare note in any condition, good fine

£20,000-30,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

13Bank of England, Abraham Newland (1778-1807), unissued £10, London, printed date 13August 1807, printed serial number 2440, black andwhite, ornate crowned vignette of Britannia top left,date 1806 to left and right, value in black tablet lowleft, printed Mr Abraham Newland in text at centre(EPM B 200m), very fine and the later style (as HenryHase), unusual and extremely rare

£12,000-16,000

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October 10, 2012 - LONDON

14Bank of England, Abraham Newland (1778-1807), £15, London, manuscript date 20 October1798, manuscript serial number 4932, black andwhite, ornate crowned vignette of Britannia top left,date 1798 to left and right, value in black tablet lowleft, printed Mr Abraham Newland in text at centreand manuscript signature low left and low right (EPMB 200n), split in two halves, a splendid fresh example thepaper white and the paper retaining good fabric andstrength, extremely rare in this grade and a very rarenote in any condition, extremely fine

£20,000-30,000

This is the Duggleby plate note

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

15Bank of England, Abraham Newland (1778-1807), £20, London, manuscript date 4 October1790, manuscript serial number 5386, black andwhite, ornate crowned vignette of Britannia top left,date 1790 to left and right, value in black tablet lowleft, manuscript Mr Abraham Newland in text atcentre and manuscript signature low left and low right(EPM B 200o), an attractive fresh example, the paperwhite and still retaining good fabric and strength, goodvery fine, an extremely rare denomination and inexceptional grade

£18,000-24,000

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October 10, 2012 - LONDON

16Bank of England, Henry Hase (1807-1829), proof£1 on card like paper, London, 1810, black and white,ornate crowned vignette of Britannia top left, value inblack tablet low left, printed Mr Henry Hase in text atcentre (EPM B201 for type), fresh extremely fine andrare

£800-1,200

17Bank of England, Henry Hase (1807-1829), £1,London, 24 December 1808, serial number 36625,black and white, ornate crowned vignette of Britanniatop left, date 1808 below, value in black tablet lowleft, printed Mr Henry Hase in text at centre, twomanuscript signatures below (EPM B 201a), backed onpaper and repaired, poor, rare

£350-450

18Bank of England, Henry Hase (1807-1829), £1,London, 29 October 1811, printed serial number44223, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201b for type), small notch top right,very fine, above average for type, scarce

£500-700

19Bank of England, Henry Hase (1807-1829), £1,London, 26 November 1812, printed serial number2169, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201b), split and rejoined, good fine,scarce

£400-600

HENRY HASE

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

20Bank of England, Henry Hase (1807-1829), £1,London, 22 January 1813, printed serial number56723, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201b), fine, scarce

£400-500

21Bank of England, Henry Hase (1807-1829), £1,London, 24 June 1815, serial number 2337, black andwhite, ornate crowned vignette of Britannia top left,value in black tablet low left, printed Mr Henry Hasein text at centre, manuscript signature low right (EPMB 201b), almost very fine, scarce

£500-700

22Bank of England, Henry Hase (1807-1829), £1,London, 11 June 1816, printed serial number 12845,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed MrHenry Hase in text at centre, manuscript signature lowright (EPM B 201b), poor, scarce

£100-150

23Bank of England, Henry Hase (1807-1829), £1,London, 13 June 1818, printed serial number 11260,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed MrHenry Hase in text at centre, manuscript signature lowright (EPM B 201b), VG, scarce

£300-400

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October 10, 2012 - LONDON

24Bank of England, Henry Hase (1807-1829), acontemporary forgery of a £1, London, 13 August1818, printed serial number 17050, black and white,ornate crowned vignette of Britannia top left, value inblack tablet low left, printed Mr Henry Hase in text atcentre, manuscript signature low right (EPM B 201b),multiple annotations, VG, scarce

£150-200

25Bank of England, Henry Hase (1807-1829), £1,London, 10 June 1819, printed serial number 74876,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed MrHenry Hase in text at centre, manuscript signature lowright (EPM B 201b), good fine, scarce

£450-550

26Bank of England, Henry Hase (1807-1829), £1,London, 8 April 1820, printed serial number 1, blackand white, ornate crowned vignette of Britannia topleft, value in black tablet low left, printed Mr HenryHase in text at centre, manuscript signature low right(EPM B 201b), a pleasing and fresh good very fine anda number 1, exceptional

£7,000-9,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

27Bank of England, Henry Hase (1807-1829), £1,London, 4 November 1820, printed serial number36495, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201b), multiple annotations, nowatermark thus presumably a contemporary forgery (buta good one), fine, scarce

£300-400

28Bank of England, Henry Hase (1807-1829), £1,London, 8 November 1820, printed serial number12237, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201b), handstamped FORGED,small section detached top centre, some thinningotherwise good fine, scarce

£300-400

29Bank of England, Henry Hase (1807-1829), £1,London, 11 November 1820, printed serial number72136, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201b), left margin a little untidyotherwise toned about very fine, scarce

£500-700

30Bank of England, Henry Hase (1807-1829), £1,London, 20 December 1825, printed serial number89330, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201c), a fresh very fine, attractive,scarce

£700-900

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October 10, 2012 - LONDON

31Bank of England, Henry Hase (1807-1829), £1,London, 10 February 1826, printed serial number46425, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201c), a fresh very fine, attractive,scarce

£700-900

32Bank of England, Henry Hase (1807-1829), £2,London, 13 June 1809, manuscript serial number16355, black and white, ornate crowned vignette ofBritannia top left, value in tilted black tablet low left,printed Mr Henry Hase in text at centre, twomanuscript signatures low right (EPM B 201d), a freshalmost very fine, attractive and very rare, a lovelyexample of this rare denomination

£2,500-3,500

33Bank of England, Henry Hase (1807-1829), £2,London, 26 August 1813, printed serial number5151, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201e), split and rejoined, fine, rare

£1,400-1,800

34Bank of England, Henry Hase (1807-1829), £2,London, 15 June 1816, printed serial number 29547,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed MrHenry Hase in text at centre, manuscript signature lowright (EPM B 201e), a pleasing fine, red FORGEDhandstamp but almost certainly a genuine note withclear watermark, rare

£1,500-2,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

35Bank of England, Henry Hase (1807-1829), £2,London, 22 June 1816, printed serial number 37642,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed MrHenry Hase in text at centre, manuscript signature lowright (EPM B 201e), lightly impressed watermark thusalmost certainly a contemporary forgery, almost fine,still rare

£600-800

36Bank of England, Henry Hase (1807-1829), proof£5 on card, London, ND (c 1820), no serial numbers,black and white, ornate crowned vignette of Britanniatop centre, value in black tablet low left, printed MrHenry Hase in text at centre, ornate border around(EPM unlisted proof), a fresh extremely fine, attractive,rare

£1,000-1,500

37Bank of England, Henry Hase (1807-1829), £5,London, 9 April 1811, printed serial number 6805,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed MrHenry Hase in text at centre, manuscript signature lowright (EPM B 201g), low left corner missing, VG butpresentable and rare

£1,200-1,800

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October 10, 2012 - LONDON

38Bank of England, Henry Hase (1807-1829), £5,London, 27 November 1821, printed serial number17887, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201g), a fresh good very fine,attractive and very rare and desirable in this condition

£10,000-12,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

39Bank of England, Henry Hase (1807-1829), acontemporary forgery of a £5, London, 10 June 1826,printed serial number 27187, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed Mr Henry Hase in text atcentre, manuscript signature low right (EPM B 201g),handstamped FORGERY, almost fine and rare

£500-700

40Bank of England, Henry Hase (1807-1829), proof£10, London, ND (c 1820), no serial numbers, blackand white, ornate crowned vignette of Britannia topleft, value in black tablet low left, printed Mr HenryHase in text at centre (EPM B 201h for type), a freshextremely fine, attractive, scarce

£2,500-3,000

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41Bank of England, Henry Hase (1807-1829), £10,London, 22 February 1810, printed serial number4201, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre, manuscript signaturelow right (EPM B 201h, denomination not listed),handstamped FORGED but on watermarked paper,probably genuine, poor but rare

£1,000-1,500

42Bank of England, Henry Hase (1807-1829), proof£100 on card, London, ND (c1820), no serialnumbers, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedMr Henry Hase in text at centre (EPM unlisteddenomination), a fresh extremely fine, engraved,attractive and very rare

£5,000-8,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

THOMAS RIPPON

43Bank of England, Thomas Rippon (1829-1835),£5, London, 28 November 1835, serial number38973, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left,manuscript signature of Donald low right (EPM B202a), a lovely fresh and original example, the paperbright and white, a faint central crease otherwise goodextremely fine and rare

£8,000-12,000

44Bank of England, Thomas Rippon (1829-1835), aforgery of a £10, London, 31 August 1831, serialnumber 17409, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, manuscript signature ‘Nequam Vilis’ low right(EPM B 202b), an unusual forgery, good fine, rare

£800-1,000

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45Bank of England, Thomas Rippon (1829-1835),£50, Manchester, 8 June 1832, serial number 5612,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, manuscriptsignature low right (EPM B 202ff), foxed but a freshand original very fine, of the highest rarity anddesirability, a ‘special’.

£20,000-30,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

MATTHEW MARSHALL

46Bank of England, Matthew Marshall (1835-1864),£5, London, 12 April 1843, serial number V/K21872, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left,manuscript signature low right (EPM B 203a), softcreases otherwise a fresh, bright and original goodextremely fine, very rare and a lovely example

£8,000-12,000

47Bank of England, Matthew Marshall (1835-1864),£5, Bristol, 28 June 1847, serial number S/L 60465,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, manuscriptsignature low right (EPM B 203a), in a paper mount,impressed watermark, probably a contemporary forgeryand rare as ‘Bristol’, VG

£1,000-1,500

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48Bank of England, Matthew Marshall (1835-1864),£5, Plymouth, 17 November 1848, serial numberX/V 82516, black and white, ornate crowned vignetteof Britannia top left, value in black tablet low left,manuscript signature low right (EPM B 203a),officially split and rejoined, some annotations, a freshwhite and original good fine and an extremely rarebranch on a rare issue

£12,000-16,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

49Bank of England, Matthew Marshall (1835-1864),£5, Portsmouth, 26 October 1849, serial numberC/T 90496, black and white, ornate crowned vignetteof Britannia top left, value in black tablet low left,manuscript signature low right (EPM B 203a), cut andrejoined, annotations and oval Bankstamp low centre,pinholes but overall a solid and original about very fineand Portsmouth an iconic rarity for a Bank of Englandbranch of issue, an exceptional note and one of thehighlights of this landmark collection

£20,000-30,000

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50Bank of England, Matthew Marshall (1835-1864), specimen £5, London, ND (manuscript 30 December 1854), noserial numbers, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, manuscript‘Specimen M Marshall Bank of England 30 Dec 1854’ low right (EPM B 203b for type), small notch top left and a smalldiscolouration patch at right, good very fine and very rare

£5,000-6,000

51Bank of England, Matthew Marshall (1835-1864), £5, Manchester, 16 January 1854, serial number B/J 83795, blackand white, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature low right (EPMB 203a), split and rejoined, minor annotations, a pleasing and original very fine and very rare especially as a Provincialbranch issue

£7,000-9,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

52Bank of England, Matthew Marshall (1835-1864),a contemporary forgery of a £5, London, 11 January1855, serial number H/I 04956, black and white,ornate crowned vignette of Britannia top left, value inblack tablet low left, printed signature low right (EPMB 203b), split and rejoined, handstamped FORGEDand manuscript ‘Bank of England 31 August 1855’ onreverse, top right corner missing otherwise VG to fine,rare

£500-700

53Bank of England, Matthew Marshall (1835-1864),proof £5, London, 1856, no serial numbers, black andwhite, ornate crowned vignette of Britannia top left,value in black tablet low left, printed signature lowright (EPM B 203e), the paper quality soft butwatermark good, fine and very rare

£1,500-2,000

54Bank of England, Matthew Marshall (1835-1864),£5, London, 28 April 1859, serial number I/W83997, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left,manuscript signature low right (EPM B 203c fortype), handstamped FORGED, split and rejoined,annotated, fine and rare

£500-700

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56Bank of England, Matthew Marshall (1835-1864),£5, Leeds, 28 July 1862, serial number U/H 93822,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, manuscriptsignature low right (EPM B 203c), split and rejoined,annotated, some toning in places due to folding butoverall a pleasing example, almost very fine and veryrare

£7,000-9,000

55Bank of England, Matthew Marshall (1835-1864),£5, London, 23 January 1862, serial number A/D70389, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left,manuscript signature low right (EPM B 203c fortype), handstamped FORGED, manuscript ‘Bank ofEngland 25th August 1869’ on reverse, fine and rare

£500-700

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

58Bank of England, Matthew Marshall (1835-1864),£10, London, ND (1854), no serial numbers, blackand white, ornate crowned vignette of Britannia topleft, value in black tablet low left, manuscript signaturelow right (EPM B 203d for type), manuscript‘Specimen-Bank of England 30 Dec 1854 M Marshall’low right, a fresh and bright extremely fine and very rare

£6,000-8,000

57Bank of England, Matthew Marshall (1835-1864),a contemporary forgery for a £10, Liverpool, 21January 1852, serial number J/K 51631, black andwhite, ornate crowned vignette of Britannia top left,value in black tablet low left, manuscript signature lowright (EPM B 203d for type), handstamped FORGED,split and rejoined, annotated, VG and rare

£700-900

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59Bank of England, Matthew Marshall (1835-1864),£10, Hull, 23 September 1856, serial number N/V22486, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left,manuscript signature low right (EPM B 203e fortype), split and rejoined, annotated, a pleasing goodfine and extremely rare, not only a Marshall £10 butHull a very rare branch of issue

£14,000-18,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

60Bank of England, Matthew Marshall (1835-1864),£20, London, 6 June 1850, serial number F/E 13607,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, manuscriptsignature low right (EPM B 203f), split and rejoined,minor annotations, small thinning top right otherwise afresh and original very fine and extremely rare, any notefrom this period is rare and high denominationsespecially so.

£20,000-25,000

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61Bank of England, Matthew Marshall (1835-1864),a forgery of a £20, London, 22 January 1853, serialnumber Y/G 17693, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, manuscript signature low right (EPM B 203f fortype), damage at corners otherwise a fresh and originalvery fine and rare

£600-800

62Bank of England, Matthew Marshall (1835-1864),£50, London, 6 October 1845, serial number H/U19654, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left,manuscript signature low right (EPM B 203g),officially cut and rejoined, manuscript annotations, afresh and original good very fine and extremely rare

£12,000-15,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

63Bank of England, Matthew Marshall (1835-1864),specimen £50, London, ND (1854), no serialnumbers, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left,manuscript signature low right (EPM B 203h fortype), manuscript ‘Specimen Bank of England 30 Dec1854’ low right, a fresh and original extremely fine andextremely rare

£8,000-12,000

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64Bank of England, Matthew Marshall (1835-1864),£100, London, 10 January 1850, serial number D/F99025, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left,manuscript signature low right (EPM B 203i), splitand rejoined, minor annotations, some thinning butoverall a fresh and original note, almost very fine andextremely rare, an exceptional note

£15,000-20,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

65Bank of England, Matthew Marshall (1835-1864),a sixty day sight bill for £300, 24 June 1851, serialnumber C1550, black and white, ornate crownedvignette of Britannia top left, manuscript signature lowright, reverse multiple annotations (EPM not listed),good very fine, fresh and original, very rare

£600-800

66Bank of England, Matthew Marshall (1835-1864),an experimental £1000, London, 13 May 1858, serialnumber U/W 32000, black text on pink paper, ornatecrowned vignette of Britannia top left, value in blacktablet low left, manuscript signature of C.T. Whitmellow right (EPM p.115), this note handstamped NOTGENUINE was presented to Matthew Marshall on theoccasion of his retirement and was overstamped forobvious reasons! good fine and highly unusual

£1,500-2,000

WILLIAM MILLER

67Bank of England, William Miller (1864-1866), £5,London, 13 September 1866, serial number M/R67087, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedsignature of Dixon low right (EPM B 204a), inkannotation top right, good fine and very rare, all Millernotes are extremely hard to find

£6,000-7,000

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68Bank of England, William Miller (1864-1866),£10, London, 8 January 1866, serial number G/Y96799, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedsignature of Gattie low right (EPM B 204b), this is theEPM plate note. Original and fresh, good very fine andextremely rare

£10,000-14,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

GEORGE FORBES

69Bank of England, George Forbes (1866-1873), £5,London, 24 May 1871, serial number B/46 85282,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed signatureof Geo. Forbes low right (EPM B 205b), originalfabric, about very fine and a pleasing example of thisvery rare issue

£8,000-12,000

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FRANK MAY

70Bank of England, Frank May (1873-1893), specimen £5, London, 24 February 1880, serial number 14/H 00000,black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature of F. Maylow right (EPM B 206a), perforated, red SPECIMEN overprint twice on face, ink date 24/6/81 on reverse, about extremelyfine and very rare, attractive

£6,000-8,000

71Bank of England, Frank May (1873-1893), £5, Birmingham, 5 May 1892, serial number P/99 82535, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature of F. May low right(EPM B 206a), ink date 10/7/95 low left, fresh and original, good very fine and very rare

£7,000-9,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

72Bank of England, Frank May (1873-1893), £5,Bristol, 10 February 1891, serial number P/6484645, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedsignature of F. May low right (EPM B 206a), fresh andoriginal, extremely fine and very rare, an attractiveexample and a very rare branch of issue

£10,000-14,000

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73Bank of England, Frank May (1873-1893), £5, London, 16 September 1892, serial number D/85 03437, black andwhite, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature of F. May low right(EPM B 206a), fresh, about extremely fine and rare, attractive

£5,000-6,000

74Bank of England, Frank May (1873-1893), £10, Liverpool, 23 December 1882, serial number 72/M 41408, black andwhite, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature of F. May low right(EPM B 206b), oval bankstamp and minor annotations, fresh, almost very fine, rare

£8,000-12,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

75Bank of England, Frank May (1873-1893),specimen £20, London, 24 February 1880, serialnumber 14/H 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of F. May low right(EPM B 206c), perforated, red SPECIMEN overprinttwice across face, ink date 24/6/81 on reverse, fresh,extremely fine and very rare

£10,000-12,000

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76Bank of England, Frank May (1873-1893),specimen £100, London, 24 February 1880, serialnumber 14/H 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of F. May low right(EPM B 206d), perforated, red SPECIMEN overprinttwice across face, ink date 24/6/81 on reverse, fresh,extremely fine and very rare

£12,000-16,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

77Bank of England, Frank May (1873-1893),specimen £300, London, 24 February 1880, serialnumber 14/H 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of F. May low right(cf EPM B 206, this denomination not listed),perforated, red SPECIMEN overprint twice across face,ink date 24/6/81 on reverse, fresh, extremely fine and amagical denomination, exceptional

£20,000-25,000

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HORACE GEORGE BOWEN

78Bank of England, Horace George Bowen (1893-1902), £5, Leeds, 12 July 1900, serial number U/6537229, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedsignature of H.G. Bowen low right (EPM B 207a),handstamp on obverse and reverse, minor annotations,fresh, good very fine and very rare, all Bowen notes arehard to find

£5,000-6,000

79Bank of England, Horace George Bowen (1893-1902), £5, London, 4 July 1899, serial number E/2583458, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedsignature of H.G. Bowen low right (EPM B 207a),some thinning low right, very fine and rare

£3,000-4,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

80Bank of England, Horace George Bowen (1893-1902), £10, London, 21 June 1895, serial numberK/7 30186, black and white, ornate crowned vignetteof Britannia top left, value in black tablet low left,printed signature of H.G. Bowen low right (EPM B207b), The EPM plate note. A fresh and original goodvery fine and very rare

£7,000-10,000

JOHN GORDON NAIRNE

81Bank of England, John Gordon Nairne (1902-1918), a composite essay for a £1 ‘gold note’,London, 24 April 1914, serial number CB/77 74014,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed signatureof J.G. Nairne low right (EPM B 208a for type),unique and attractive

£1,500-2,000

82Bank of England, John Gordon Nairne (1902-1918), £5, Birmingham, 24 January 1914, serialnumber 52/T 07242, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of J.G. Nairne lowright (EPM B 208ba), handstamp on obverse, minorannotations, a fresh good very fine and rare

£1,000-1,500

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83Bank of England, John Gordon Nairne (1902-1918), £5, London, 3 January 1906, serial number95/E 56509, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of J.G. Nairne low right (EPMB 208b), handstamp on obverse, good very fine andscarce

£600-800

84Bank of England, John Gordon Nairne (1902-1918), £5, Plymouth, 1 February 1910, serial numberU/9 50905, black and white, ornate crowned vignetteof Britannia top left, value in black tablet low left,printed signature of J.G. Nairne low right (EPM B208bh), annotation on reverse, very fine and a very rarebranch of issue

£3,000-3,500

85Bank of England, John Gordon Nairne (1902-1918), £5, Liverpool, 11 July 1917, serial number28/U 70390, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of J.G. Nairne low right (EPMB 208be), ink numeral top right, a fresh good very fineand rare

£1,200-1,600

86Bank of England, John Gordon Nairne (1902-1918), £10, Manchester, 5 January 1917, serialnumber 24/V 34684, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of J.G. Nairne lowright (EPM B 208cf), ink numeral on reverse and ovalhandstamp on reverse, a fresh and original good veryfine, rare

£1,200-1,600

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

87Bank of England, John Gordon Nairne (1902-1918), £10, London, 16 March 1917, serial number42/K 05678, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of J.G. Nairne low right (EPMB 208c), ink signature and handstamp on reverse,washed, very fine and rare

£600-800

88Bank of England, John Gordon Nairne (1902-1918), £20, Manchester, 1 July 1913, serial numberW/16 89809, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of J.G. Nairne low right (EPMB 208df), ink numerals at top, a fresh good very fineand rare

£1,200-1,600

89Bank of England, John Gordon Nairne (1902-1918), £20, London, 16 February 1916, serialnumber 10/M 64679, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of J.G. Nairne lowright (EPM B 208d), ink numeral top left and lowright on reverse, some thinning otherwise almost veryfine, rare

£800-1,200

90Bank of England, John Gordon Nairne (1902-1918), £50, London, 17 March 1914, serial number5/N 81657, black and white, ornate crowned vignetteof Britannia top left, value in black tablet low left,printed signature of J.G. Nairne low right (EPM B208e), a fresh and original good very fine, attractiveand rare

£1,500-2,000

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91Bank of England, John Gordon Nairne (1902-1918), £50, Leeds, 1 March 1915, serial number12/X 55262, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of J.G. Nairne low right (EPMB 208ed), a thinning hole top left and an annotationotherwise a fresh and original good very fine, attractiveand rare

£2,500-3,500

92Bank of England, John Gordon Nairne (1902-1918), £100, London, 14 January 1914, serialnumber 1/O 51686, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of J.G. Nairne low right (EPMB 208f), bankstamp low right, various annotations, anoriginal good very fine, attractive and rare

£1,400-1,800

ERNEST MUSGRAVE HARVEY

93Bank of England, Ernest Musgrave Harvey (1918-1925), £5, Bristol, 22 March 1924, serial number185/U 95176, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of E.M. Harvey low right (EPMB 209ab), a pleasing very fine and a very rare branch ofissue

£1,500-2,000

94Bank of England, Ernest Musgrave Harvey (1918-1925), £5, Hull, 25 September 1918, serial number70/U 86319, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of E.M. Harvey low right (EPMB 209ac), ink annotation, a fresh and original veryfine, a rare branch of issue

£1,000-1,500

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

95Bank of England, Ernest Musgrave Harvey (1918-1925), £5, London, 20 December 1921, serialnumber C/42 11348, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209a), good extremely fine

£250-350

96Bank of England, Ernest Musgrave Harvey (1918-1925), £5, Manchester, 26 March 1920, serialnumber T/52 78339, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209af), ink annotation low left, anoriginal very fine, scarce

£500-700

97Bank of England, Ernest Musgrave Harvey (1918-1925), £5, Newcastle on Tyne, 8 October 1919, serialnumber T/51 19277, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209ag), ink annotation andhandstamps, fine, a rare branch of issue

£1,400-1,800

98Bank of England, Ernest Musgrave Harvey (1918-1925), £5, Plymouth, 26 January 1920, serial numberU/53 54071, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of E.M. Harvey low right (EPMB 209ah), ink annotation top right, a fresh and originalgood very fine and a rare branch of issue

£1,800-2,200

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99Bank of England, Ernest Musgrave Harvey (1918-1925), £10, Birmingham, 26 October 1918, serialnumber 36/X 33419, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209ba), very faint ink annotation topcentre, central crease otherwise a fresh and brightoriginal extremely fine, rare

£1,200-1,600

100Bank of England, Ernest Musgrave Harvey (1918-1925), £10, Leeds, 27 November 1918, serialnumber 38/V 00475, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209bd), ink annotation top left, fine andscarce

£400-600

101Bank of England, Ernest Musgrave Harvey (1918-1925), £10, London, 19 January 1920, serial number76/K 74884, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of E.M. Harvey low right (EPMB 209b), a fresh and original extremely fine and scarcein this condition

£400-600

102Bank of England, Ernest Musgrave Harvey (1918-1925), specimen £20, London, 7 September 1922,serial number 03/Q 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209c), small maroon SPECIMEN twiceacross face of the note, a fresh and original goodextremely fine and rare

£3,000-4,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

103Bank of England, Ernest Musgrave Harvey (1918-1925), £20, Leeds, 28 August 1918, serial number18/W 25852, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of E.M. Harvey low right (EPMB 209cd), handstamps, slightly grubby at right and teartop left otherwise good fine, scarce

£800-1,200

104Bank of England, Ernest Musgrave Harvey (1918-1925), specimen £20, London, 15 November 1923,serial number 31/M 11928, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209c), an original extremely fine andrare

£1,000-1,500

105Bank of England, Ernest Musgrave Harvey (1918-1925), £50, Leeds, 29 August 1918, serial number24/X 90642, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of E.M. Harvey low right (EPMB 209dd), annotations, about very fine, rare

£1,000-1,500

106Bank of England, Ernest Musgrave Harvey (1918-1925), £50, Manchester, 14 November 1923, serialnumber 38/X 15573, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209df), handstamp top right, good veryfine and rare

£1,000-1,500

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107Bank of England, Ernest Musgrave Harvey (1918-1925), specimen £100, London, 7 September 1922,serial number 05/Q 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209e), small maroon SPECIMEN twiceacross face of the note, a fresh and original extremely fineand rare

£4,000-6,000

108Bank of England, Ernest Musgrave Harvey (1918-1925), £100, Birmingham, 30 October 1918, serialnumber 28/Y 80707, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209ea), ink numeral top left, central foldotherwise about extremely fine and rare

£2,500-3,500

109Bank of England, Ernest Musgrave Harvey (1918-1925), £100, London, 21 January 1924, serialnumber 26/O 57035, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209e), almost very fine, scarce

£700-900

110Bank of England, Ernest Musgrave Harvey (1918-1925), £100, Manchester, 3 February 1919, serialnumber 29/Y 01973, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of E.M. Harvey lowright (EPM B 209ef), ink numerals top right, good veryfine and scarce

£1,500-1,800

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

111Bank of England, Ernest Musgrave Harvey (1918-1925), £200, London, 20 June 1918, serial number5/P 41349, black and white, ornate crowned vignetteof Britannia top left, value in black tablet low left,printed signature of E.M. Harvey low right (EPM B209f), this is the EPM plate note. This denominationdiscontinued ‘20th June 1918’, folded in quarters andrepaired tear low centre otherwise an original andattractive very fine and an iconic denomination,extremely rare and above average for type

£10,000-15,000

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112Bank of England, Ernest Musgrave Harvey (1918-1925), £500, London, 15 February 1923, serial number 04/R11092, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left, printed signature ofE.M. Harvey low right (EPM B 209g), annotations and small handstamp on reverse otherwise a pleasing extremely fine andextremely rare, a lovely note

£10,000-15,000

CYRIL PATRICK MAHON

113Bank of England, Cyril Patrick Mahon (1925-1929), specimen £5, London, 9 April 1925 serialnumber 001/Q 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of C.P. Mahon lowright (EPM B 215s), small maroon SPECIMEN twiceacross face of the note, a fresh and original goodextremely fine and rare

£2,000-3,000

114Bank of England, Cyril Patrick Mahon (1925-1929), £5, Bristol, 3 April 1925 serial number 288/U54523, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedsignature of C.P. Mahon low right (EPM B 215b),pencil number top right, thinned slightly top centreotherwise about extremely fine and a very rare branch ofissue

£2,500-3,500

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

115Bank of England, Cyril Patrick Mahon (1925-1929), £5, London, 3 May 1928, serial number153/H 83403, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft, printed signature of C.P. Mahon low right (EPMB 215), a fresh and original extremely fine and scarcein this grade

£400-500

116Bank of England, Cyril Patrick Mahon (1925-1929), £5, Newcastle on Tyne, 10 July 1925, serialnumber 297/U 12923, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of C.P. Mahon lowright (EPM B 215g), handstamps top right otherwise anoriginal almost extremely fine and rare

£1,400-1,800

117Bank of England, Cyril Patrick Mahon (1925-1929), £10, Leeds, 12 October 1925, serial number92/V 56900, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 216d), central crease otherwise a fresh andbright extremely fine, scarce

£1,400-1,800

118Bank of England, Cyril Patrick Mahon (1925-1929), £10, Manchester, 26 January 1928, serialnumber 112/V 94952, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 216f), good very fine, scarce

£1,000-1,500

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119Bank of England, Cyril Patrick Mahon (1925-1929), specimen £20, London, 9 April 1925, serialnumber 03/Q 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 217s), small red SPECIMENoverprint twice on face, good extremely fine and a lovelyfresh note, very rare

£3,000-4,000

120Bank of England, Cyril Patrick Mahon (1925-1929), £20, Liverpool, 11 November 1927, serialnumber 39/W 52561, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 217e), ink numeral low centre,fine and rare

£1,800-2,400

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

121Bank of England, Cyril Patrick Mahon (1925-1929), £50, London, 14 January 1927, serial number37/N 42999, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 218), central crease, good very fine,attractive and rare

£2,500-3,500

122Bank of England, Cyril Patrick Mahon (1925-1929), £100, Leeds, 27 March 1926, serial number53/Y 40329, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 219d), ink numeral low left, thinning spottop left otherwise a solid and original good very fine andrare

£2,000-3,000

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123Bank of England, Cyril Patrick Mahon (1925-1929), £1000, London, 15 May 1925, serial number05/S 09988, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 222), a lovely note, extremely fine andextremely rare, another iconic highlight

£20,000-30,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

BASIL GAGE CATTERNS

124Bank of England, Basil Gage Catterns (1929-1934), specimen £5, London, 2 July 1929, serialnumber 000/Q 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 228s), red SPECIMENoverprint twice on face of note, a fresh good extremelyfine and rare

£1,400-1,800

125Bank of England, Basil Gage Catterns (1929-1934), £5, Hull, 2 January 1931, serial number447/U 98239, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 228c), quite fresh, almost extremely fineand scarce

£1,000-1,400

126Bank of England, Basil Gage Catterns (1929-1934), £5, London, 14 June 1932, serial number219/J 07735, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 228), extremely fine and scarce

£200-300

127Bank of England, Basil Gage Catterns (1929-1934), £5, Newcastle on Tyne, 23 November 1932,serial number T/132 08606, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 228g), fresh appearance, goodvery fine and a rare branch of issue for Catterns

£1,500-2,000

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128Bank of England, Basil Gage Catterns (1929-1934), £5, Plymouth, 21 January 1930, serial number428/U 33090, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 228h), extremely fine and the second rarestbranch of issue for type

£2,500-3,500

129Bank of England, Basil Gage Catterns (1929-1934), £10, Birmingham, 11 October 1929, serialnumber 19/V 11940, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 229a), a bright and originalgood extremely fine and rare

£1,000-1,500

130Bank of England, Basil Gage Catterns (1929-1934), £10, London, 18 May 1932, serial numberK/107 44132, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 229), soft crease, a pleasing extremely fineand scarce

£400-600

131Bank of England, Basil Gage Catterns (1929-1934), £10, Manchester, 10 June 1933, serial number144/V 12355, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 229f), handstamp on reverse, fine, scarce

£600-800

132Bank of England, Basil Gage Catterns (1929-1934), £20, Liverpool, 13 April 1929, serial number42/W 33802, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 230e), annotations on reverse, good veryfine and rare

£1,200-1,600

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

133Bank of England, Basil Gage Catterns (1929-1934), £20, London, 20 September 1930, serialnumber 43/M 75472, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 230), thinning hole top rightotherwise a pleasing good very fine and rare

£1,000-1,200

134Bank of England, Basil Gage Catterns (1929-1934), a Bernhardt £50, London, 15 June 1933,serial number 50/N 27928, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 231 Bernhardt), extremely fine

£60-80

135Bank of England, Basil Gage Catterns (1929-1934), £50, Manchester, 28 June 1930, serial number59/X 03164, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 231f), small handstamp top right,extremely fine and rare

£1,500-1,800

136Bank of England, Basil Gage Catterns (1929-1934), £50, Newcastle on Tyne, 12 September 1931, serial number 62/X02324, black and white, ornate crowned vignette of Britannia top left, value in black tablet low left (EPM B 231g), inkannotation on reverse, an original very fine and a very rare branch of issue for type

£3,000-4,000

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137Bank of England, Basil Gage Catterns (1929-1934), £100, Newcastle on Tyne, 14 June 1929,serial number 64/Y 06224, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 232g), faint central crease, freshand original, about extremely fine and rare

£4,000-5,000

138Bank of England, Basil Gage Catterns (1929-1934), £100, Leeds, 13 January 1933, serial number79/Y 38125, black and white, ornate crownedvignette of Britannia top left, value in black tablet lowleft (EPM B 232d), ink annotation low centre andhandstamp on reverse otherwise a pleasing good very fine,scarce

£1,500-2,500

139Bank of England, Basil Gage Catterns (1929-1934), £100, London, 15 January 1931, serialnumber 39/O 62401, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 232), oval handstamp lowcentre on reverse, good very fine and scarce, inkannotation on reverse, an original very fine and a veryrare branch of issue for type

£1,200-1,600

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

140Bank of England, Basil Gage Catterns (1929-1934), £100, Bristol, 13 February 1933, serialnumber 77/Y 01054, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 232b), a lovely good extremelyfine and an extremely rare branch of issue for type

£5,000-8,000

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141Bank of England, Basil Gage Catterns (1929-1934), £500, London, 15 October 1929, serialnumber 06/R 07887, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left (EPM B 233), ink annotation on reverse,an original and solid extremely fine and extremely rare

£10,000-15,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

KENNETH OSWALD PEPPIATT

142Bank of England, K.O. Peppiatt (1934-1949),specimen £5, London, 20th April 1934, serial number000/Q 00000, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (B EPM 241s), red SPECIMEN overprinttwice on face of note, mounting glue at right margin,otherwise extremely fine, rare

£700-900

143Bank of England, K.O. Peppiatt (1934-1949), £5(2), London, 1941, 1942, prefixes C/121, C/212,black and white, ornate crowned vignette of Britanniatop left, value in black tablet lower left (EPM B 241),good very fine (2)

£250-300

144Bank of England, K.O. Peppiatt (1934-1949), £5(4), London, 1943, 1944, 1945, prefixes C/376,E04, L01, L61, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 241, 255, 264), old style, thick paperstyle and thin paper, good very fine, last noteuncirculated (4)

£250-300

145Bank of England, K.O. Peppiatt (1934-1949), £5,Bristol, 2nd June 1937, serial number T/265 89824,black and white, ornate crowned vignette of Britanniatop left, value in black tablet lower left (EPM B 241b),pinholes, good fine to almost very fine and by far therarest branch of issue for type

£2,500-3,500

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146Bank of England, K.O. Peppiatt (1934-1949), £5,Liverpool, 23rd June 1934, serial number T/16982466, black and white, ornate crowned vignette ofBritannia top left, value in black tablet lower left (EPMB 241e), about extremely fine

£300-400

147Bank of England, K.O. Peppiatt (1934-1949), £5,London, 13th October 1934, serial number A/13556513, black and white, ornate crowned vignette ofBritannia top left, value in black tablet lower left (EPMB 241), bankstamp on reverse, good very fine

£100-150

148Bank of England, K.O. Peppiatt (1934-1949), aBernhardt £5, London, 27th March 1937, serialnumber A/385 56494, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet lower left (EPM B 241), extremely fine

£40-60

149Bank of England, K.O. Peppiatt (1934-1949), £5,Plymouth, 1st June 1935, serial number T/18734338, black and white, ornate crowned vignette ofBritannia top left, value in black tablet lower left (EPMB 241h), rusty staple holes at left, bank handstamp onreverse otherwise almost very fine, rare

£800-1,200

150Bank of England, K.O. Peppiatt (1934-1949), £5,Newcastle on Tyne, 23rd March 1936, serial numberT/216 23358, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 241g), almost very fine, rare

£800-1,200

151Bank of England, K.O. Peppiatt (1934-1949), £5,London, 23 June 1943, serial number C/376 79576,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed signatureof K.O. Peppiatt low right (EPM B 241), ink numeralon reverse, extremely fine

£100-150

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

152Bank of England, K.O. Peppiatt (1934-1949), £5,London, 6 September 1944, serial number E04047956, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedsignature of K.O. Peppiatt low right (EPM B 255),good extremely fine

£100-150

153Bank of England, K.O. Peppiatt (1934-1949), £5,London, 11 December 1945, serial number L01075173, black and white, ornate crowned vignette ofBritannia top left, value in black tablet low left, printedsignature of K.O. Peppiatt low right (EPM B 255),good extremely fine and a good first of run thus scarce

£120-160

154Bank of England, K.O. Peppiatt (1934-1949), £5,London, 10 March 1947, serial number L61 046377,black and white, ornate crowned vignette of Britanniatop left, value in black tablet low left, printed signatureof K.O. Peppiatt low right (EPM B 264), goodextremely fine

£100-150

155Bank of England, K.O. Peppiatt (1934-1949),specimen £10, London, 20th April 1934, serialnumber 000/Q 00000, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet lower left (EPM B 242S), red SPECIMENoverprint twice on face of note, good extremely fine, rare

£1,500-2,000

156Bank of England, K.O. Peppiatt (1934-1949),£10, Birmingham, 28th February 1938, serial number174/V 14330, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 242a), minor annotation andhandstamp on reverse, fine, rare

£500-700

157Bank of England, K.O. Peppiatt (1934-1949), aBernhard £10, Leeds, 27th October 1934, serialnumber 150/V 23771, also Bernhard £10, London1935, prefix K/145, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 242), damage top left, very fine,second good very fine, scarce (2)

£140-180

158Bank of England, K.O. Peppiatt (1934-1949), aBernhard forgery of a £5, London, 16 April 1935,serial number K/145 40267, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet low left, printed signature of K.O. Peppiatt lowright, also a Bernhard £50, 15 May 1937, serialnumber 59/N 65869 (EPM B 241, 244), staining on£50, very fine, £5 extremely fine (2)

£60-80

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159Bank of England, K.O. Peppiatt (1934-1949),£10, London, 18th February 1942, serial numberL/138 75588, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 242), a fresh original, extremelyfine, thus scarce

£200-300

160Bank of England, K.O. Peppiatt (1934-1949), aBernhard £10, Manchester, 28th February 1936, serialnumber 163/V 53290, black and white, ornatecrowned vignette of Britannia top left, value in blacktablet lower left (EPM B 242f for type), extremely fine,a scarce branch Bernhard

£150-200

161Bank of England, K.O. Peppiatt (1934-1949),£20, Liverpool, 30th June 1934, serial number 54/W20082, black and white, ornate crowned vignette ofBritannia top left, value in black tablet lower left (EPMB 243e), annotations, bankstamp, otherwise very fine,scarce

£1,000-1,500

162Bank of England, K.O. Peppiatt (1934-1949),£20, London, 15th October 1937, serial number55/M 61698, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 243), about extremely fine, rare thus

£800-1,200

163Bank of England, K.O. Peppiatt (1934-1949),£50, Liverpool, 30th November 1934, serial number79/X 11850, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 244e), very fine, scarce

£1,200-1,600

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

164Bank of England, K.O. Peppiatt (1934-1949),£50, London, 11th January 1941, serial number67/N 07776, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 244), a fresh and original, extremelyfine, thus rare

£800-1,200

165Bank of England, K.O. Peppiatt (1934-1949),£50, Manchester, 31st January 1938, serial number94/X 11711, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 244f), good fine, rare

£800-1,200

166Bank of England, K.O. Peppiatt (1934-1949),£100, London, 17th January 1938, serial number57/O 05780, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 245), tiny nick top centre, otherwiseextremely fine, scarce

£1,000-1,500

167Bank of England, K.O. Peppiatt (1934-1949),£100, Manchester, 12th March 1937, serial numberY/01 47865, black and white, ornate crownedvignette of Britannia top left, value in black tabletlower left (EPM B 245f), extremely fine, attractive andrare

£1,500-2,500

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168Bank of England, K.O. Peppiatt, £500, Liverpool,30 September 1936, serial number 43/Z 02557, blackand white, ornate crowned vignette of Britannia topleft, value in black tablet low left (EPM B 246e), alovely fresh good extremely fine and rare

£5,000-7,000

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THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES - PART I

169Bank of England, K.O. Peppiatt, £1000, London,15 October 1935, serial number 12/S 15568, blackand white, ornate crowned vignette of Britannia topleft, value in black tablet low left (EPM B 247), a faintcentral crease otherwise an original extremely fine andvery rare, an iconic banknote

£16,000-22,000

END OF THE SALE

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SALE TITLE DATE CODE NAME SALE NO.

The David Kirch Collection of Wednesday 10 October 2012 NEWLAND 12034

Bank of England Notes - Part I at 10.00 a.m.

I request Spink, without legal obligations of any kind on its part, to bid on the following Lots up to the price given below.I understand that if my bid is successful the Purchase Price payable will be the sum of the final bid and a premium as a percentage of the final bid (together with any VATchargeable). The Rate of Premium is 20% of the final hammer price of each lot.

All bids shall be treated as offers made on the Terms and Conditions for Buyers printed in the catalogue. I also understand that Spink provides the service of executingbids on behalf of clients for the convenience of clients and that Spink will not be held responsible for failing to execute bids. If identical commission bids are received forthe same Lot, the commission bid received first by Spink will take precedence. Please note that you will not be notified if there are higher written bids received. If yourequire such notification then this is available on bids made via Spink live bidding service.

PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

Lot Number(in numerical order)

Price Bid £(excluding Buyer’s Premium)

Lot Number(in numerical order)

Price Bid £(excluding Buyer’s Premium)

Lot Number(in numerical order)

Price Bid £(excluding Buyer’s Premium)

10 OCTOBER 2012

LONDON

THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES

PART I69 Southampton Row, Bloomsbury,London WC1B 4ETtel: +44 (0)20 7563 4020fax: +44 (0)20 7563 4037

YOU CAN ALSO BID IN REAL TIME ON SPINK LIVE. JUST VISIT WWW.SPINK.COM TO REGISTER

WRITTEN BIDS FORM

This form should be sent or faxed to theSpink auction office in advance of the sale.References for new clients should besupplied in good time to be taken upbefore the sale. Bids received later thanone hour before the start of the sale maynot be processed.

NAME ______________________________________________________

ADDRESS ____________________________________________________

____________________________________________________________

____________________________________________________________

POSTCODE ___________________________________________________

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PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK

TRADE REFERENCES ________________________________________________________________________________________

BANK REFERENCES _____________________________________________________________________________________________________

Lot Number(in numerical order)

Price Bid £(excluding Buyer’s Premium)

Lot Number(in numerical order)

Price Bid £(excluding Buyer’s Premium)

Lot Number(in numerical order)

Price Bid £(excluding Buyer’s Premium)

DATE SALE NO.

Wednesday 10 October 2012 12034

at 10.00 a.m.

VAT is chargeable on the hammer andthe premium of daggered (†) and (Ω)lots at the standard rate (currently20%), and on lots marked (x) at thereduced rate (currently 5% on thehammer and 20% on the premium).VAT on Margin Scheme lots is payableat 20% on the premium only.

BIDDING INCREMENTSBidding generally opens below the low estimate and advances in the following orderalthough the auctioneer may vary the bidding increments during the course of theauction. The normal bidding increments are:Up to £100 by £5£100 to £300 by £10£300 to £600 £320-£350-£380-£400 etc.£600 to £1,000 by £50

£1,000 to £3,000 by £100£3,000 to £6,000 £3,200-£3,500-£3,800-£4,000 etc.£6,000 to £20,000 by £500

£20,000 and up Auctioneer’s discretion

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Spink are pleased to provide our clients withexciting mobile technology which allows you totake Spink with you no matter where on the globeyou may be. The Spink iPhone/iPad application,which is available free of charge from the iTunesstore, is simple to download! Once installed theprogramme will download the latest auctioncatalogue instantly upon opening the application!

We do hope you find these tools useful! Should youhave any further questions or suggestions on howwe can improve our technology in an effort to assistour clients, please contact Berdia Qamarauli, Headof IT at Spink on [email protected].

What you can expect from the Spink app: Download auction catalogues straight to your

device, which are then viewable while online oroffline.

Search all available lots in sales. View lots individually and zoom in on important

item details. Share images, lots or entire auction catalogues

with friends via email, Twitter or Facebook. Email the Spink Concierge directly from your

device to leave bids or receive a quick reply to anyquery you may have.

WWW.SPINK.COM

SPINK “ON THE GO” TECHNOLOGY

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Since Spink Live was launched on the 11th of July 2006, thousands of our clients have taken advantageof this revolutionary bidding platform. The system enables you to bid, watch and listen to our auctionsonline in real time. Another feature to Spink Live is the option to leave proxy bids and let the system bidon your behalf for you. We now have a new version of Spink Live available to download that is compatiblewith Macintosh Computers.

To register for Spink Live today please follow these steps:

Step 1: Download and install Adobe Air from: http://get.adobe.com/air/Step 2: Click on the Register and Download button at www.spink.com and choose your saleroom

location on the right hand sideStep 3: Download and install Spink Live Step 4: Register on the websiteStep 5: Use your Client ID and Password to log on to the website or into Spink Live

Already registered clients can use their old username and password to log into the new version of SpinkLive.

Once the program is launched you will notice the “View Only” option on the log in screen. This featureallows you to watch the auction live without bidding.

Every auction catalogue is presented on Spink Live for viewing. To access the catalogues please click onthe View Catalogues & Bid button on www.spink.com. In addition to this, clients can leave proxy bids byclicking on the lot image in the Spink Live online catalogue. A new window will open and a submit proxybid button will be available at the top of the page. Then simply click on this button and log in with yourClient ID and password to submit your bids.

If you have any additional questions about using this tried and trusted bidding service please contact ustoday at [email protected].

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TERMS AND CONDITIONS FOR BUYERSThese conditions set out the terms on which we (Spink and Son Limited of 69 Southampton Row, Bloomsbury London WC1B 4ET (company no. 04369748)) contractwith you (Buyer) either as agent on behalf of the Seller or as principal if we are the Seller. You should read these conditions carefully.

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1 DEFINITIONS The following definitions in this condition apply in these conditions.

Auctioneers’ Margin Scheme means a VAT margin scheme as defined by HM Revenue & Customs;

Buyer’s Premium means the charge payable by you as a percentage of the Hammer Price, at the rates set out in clause 5.1 below;

Certificate of Authenticity means a certificate issued by an Expert Committee confirming the authenticity of a Lot;

Expert Committee means a committee of experts to whom a Lot may be sent for an extension in accordance with clause 3.4.3;

Forgery means a Lot constituting an imitation originally conceived and executed as a whole with a fraudulent intention to deceive as toauthorship, origin, age, period, culture or source where the correct description as to such matters is not reflected by the descriptionin the catalogue and which at the date of the auction had a value materially less than it would have had if it had been in accordancewith the description in the catalogue. Accordingly, no Lot shall be capable of being a Forgery by reason of any damage and/orrestoration work of any kind (including re-enamelling);

Hammer Price means the amount of the highest bid accepted by the auctioneer in relation to a Lot;

Lot means any item deposited with us for sale at auction and, in particular, the item or items described against any Lot number in anycatalogue;

Reserve the amount below which we agree with the Seller that the Lot cannot be sold;

Seller means the owner of the Lot being sold by us;

Spink Group Spink and Son Limited, our subsidiaries and associated companies.

VAT value added tax chargeable under VAT and any similar replacement or additional tax; and

VAT Symbols means the symbols detailing the VAT status of the Lot details of which are set out at the back of the catalogue.

2 SPINK’S ROLE AS AGENT

2.1 All sales undertaken by us either at auction or privately are undertakeneither as agent on behalf of the Seller or from time to time, as principalif we are the owner of the Lot. Please note that even if we are acting asagent on behalf of the Seller rather than as principal, we may have afinancial interest in the Lot.

2.2 The contract for the sale of the Lot will be between you and the Seller.

3 BEFORE THE SALE

3.1 Examination of goodsYou are strongly advised to examine personally any goods in which youare interested, before the auction takes place. Condition reports areusually available on request. We provide no guarantee to you otherthan in relation to Forgeries, as set out in clause 5.13 of these Termsand Conditions.

3.2 Catalogue descriptions

3.2.1 Statements by us in the catalogue or condition report, or madeorally or in writing elsewhere, regarding the authorship, origin,date, age, size, medium, attribution, genuineness, provenance,condition or estimated selling price of any Lot are merelystatements of opinion, and are not to be relied on as statements ofdefinitive fact. Catalogue illustrations are for guidance only, andshould not be relied on either to determine the tone or colour ofany item or to reveal imperfections. Estimates of the selling priceshould not be relied on as a statement that this price is either theprice at which the Lot will sell or its value for any other purpose.

3.2.2 Many items are of an age or nature which precludes their beingin perfect condition and some descriptions in the catalogue or givenby way of condition report make reference to damage and/orrestoration. We provide this information for guidance only and theabsence of such a reference does not imply that an item is free fromdefects or restoration nor does a reference to particular defectsimply the absence of any others.

3.2.3 Other than as set out in clause 5.13, and in the absence of fraud,neither the Seller nor we, nor any of our employees or agents, areresponsible for the correctness of any statement as to theauthorship, origin, date, age, attribution, genuineness orprovenance of any Lot nor for any other errors of description or forany faults or defects in any Lot.

3.3 Your ResponsibilityYou are responsible for satisfying yourself as to the condition of thegoods and the matters referred to in the catalogue description.

3.4 Extensions – Stamps only3.4.1 If you wish to obtain an expert opinion or Certificate of

Authenticity on any Lot (other than a mixed Lot or Lot containingundescribed stamps) you must notify us in writing not less thanforty-eight hours before the time fixed for the commencement of

the first session of the sale. If accepted by us, such request shall havethe same effect as notice of an intention to question thegenuineness or description of the Lot for the purposes of clause5.13 (Refund in the case of Forgery) of these Terms andConditions and the provisions of clause 5.13 (Refund in the case ofForgery) shall apply accordingly.

3.4.2 Notice of a request for an expert opinion or Certificate ofAuthenticity must give the reason why such opinion is required andspecify the identity of your proposed expert which will be subjectto agreement by us. We reserve the right, at our discretion, torefuse a request for an expert opinion or Certificate of Authenticityincluding (without limitation) where the proposed expert is notknown to us.

3.4.3 If we accept a request for an expert opinion or Certificate ofAuthenticity we will submit the Lot to the Expert Committee. Youacknowledge and accept that the length of time taken by an ExpertCommittee to reach an opinion will vary depending on thecircumstances and in any event is beyond our control.

3.4.4 We will not normally accept a request for an extension onaccount of condition. Any Lot described in the catalogue as havingfaults or defects may not be returned even if an expert opinion orCertificate of Authenticity cites other faults or defects not includedin the catalogue description, other than in the case of a Forgery.

3.4.5 Should Spink accept a request for an extension under theforegoing provisions of this paragraph, the fact may be stated by theAuctioneer from the rostrum prior to the sale of the Lot.

3.4.6 It should be noted that any stamp accompanied by a Certificateof Authenticity is sold on the basis of that Certificate only and noton the basis of any other description or warranty as to authenticity.No request for an extension will be accepted on such a stamp andthe return of such a stamp will not be accepted.

4 AT THE SALE

4.1 Refusal of admissionOur sales usually take place on our own premises or premises overwhich we have control for the sale, and we have the right, exercisableat our complete discretion, to refuse admission to the premises orattendance at an auction.

4.2 Registration before biddingYou must complete and sign a registration form and provideidentification before making a bid at auction. Please be aware that weusually require buyers to undergo a credit check.Some lots may be designated, prior to the auction, as “Premium Lots”,which means a deposit may be required before placing a bid on theitem for sale. Information will be posted on our website in such anevent.

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4.3 Bidding as PrincipalWhen making a bid (whether such bids are made in person or byway of telephone bids operated by Spink, commission or online oremail bids), you will be deemed to be acting as principal and will beaccepting personal liability, unless it has been agreed in writing, at thetime of registration, that you are acting as agent on behalf of a thirdparty buyer acceptable to us.

4.4 Commission BidsIf you give us instructions to bid on your behalf, by using the formprovided in our catalogues or via our website, we shall use reasonableendeavours to do so, provided these instructions are received not laterthan 24 hours before the auction. If we receive commission bids on aparticular Lot for identical amounts, and at auction these bids are thehighest bids for the Lot, it will be sold to the person whose bid wasreceived first. Commission bids are undertaken subject to othercommitments at the time of the sale, and the conduct of the auctionmay be such that we are unable to bid as requested. Since this isundertaken as a free service to prospective buyers on the terms stated,we cannot accept liability for failure to make a commission bid. Youshould therefore always attend personally if you wish to be certain ofbidding.

4.5 On-line BiddingWe offer internet services as a convenience to our clients. We will notbe responsible for errors or failures to execute bids placed on theinternet, including, without limitation, errors or failures caused by (i) aloss of internet connection by either party for whatever reason; (ii) abreakdown or problems with the online bidding software and/or (iii)a breakdown or problems with your internet connection, computer orsystem. Execution of on-line internet bids is a free service undertakensubject to other commitments at the time of the auction and we do notaccept liability for failing to execute an online internet bid or for errorsor omissions in connection with this activity.

4.6 Telephone BidsIf you make arrangements with us not less than 24 hours before thesale, we shall use reasonable endeavours to contact you to enable youto participate in bidding by telephone, but in no circumstances will webe liable to either the Seller or you as a result of failure to do so.

4.7 Currency ConverterAt some auctions, a currency converter will be operated, based on theone month forward rates of exchange quoted to us by Barclays BankPlc or any other appropriate rate determined by us, at opening on thedate of the auction. Bidding will take place in a currency determined byus, which is usually sterling for auctions held in London. The currencyconverter is not always reliable, and errors may occur beyond ourcontrol either in the accuracy of the Lot number displayed on theconverter, or the foreign currency equivalent of sterling bids. We shallnot be liable to you for any loss suffered as a result of you following thecurrency converter.

4.8 Video imagesAt some auctions there will be a video screen. Mistakes may occur in itsoperation, and we cannot be liable to you regarding either thecorrespondence of the image to the Lot being sold or the quality of theimage as a reproduction of the original.

4.9 Bidding IncrementsBidding generally opens below the low estimate and advances in thefollowing order although the auctioneer may vary the biddingincrements during the course of the auction. The normal biddingincrements are:

Up to £100 by £5£100 to £300 by £10£300 to £600 £320-£350-£380-£400 etc.£600 to £1,000 by £50£1,000 to £3,000 by £100£3,000 to £6,000 £3,200-£3,500-£3,800-£4,000 etc.£6,000 to £20,000 by £500£20,000 and up Auctioneer’s discretion

4.10 Bidding by Spink4.10.1 We reserve the right to bid on Lots on the Seller’s behalf up to

the amount of the Reserve (if any), which will never be above thelow estimate printed in the auction catalogue.

4.10.2 The Spink Group reserves the right to bid on and purchaseLots as principal.

4.11 The Auctioneer’s DiscretionThe auctioneer has the right at his absolute discretion to refuse any bidto advance the bidding in such manner as he may decide to withdrawor divide any Lot, to combine any two or more Lots and, in the case oferror or dispute, to put an item up for bidding again.

4.12 Successful BidSubject to the auctioneer’s discretion, the striking of his hammer marksthe acceptance of the highest bid, provided always that such bid ishigher than the Reserve (where applicable), and the conclusion of acontract for sale between you and the Seller.

4.13 After Sale Arrangements If you enter into any private sale agreements for any Lot with the Sellerwithin 60 days of the auction, we, as exclusive agents of the Sellerreserve the right to charge you the applicable Buyer’s Premium inaccordance with these Terms and Conditions, and the Seller acommission in accordance with the terms of the Seller’s agreement.

4.14 Return of LotOnce your bid has been accepted for a Lot then you are liable to payfor that Lot in accordance with these Terms and Conditions. If thereare any problems with a Lot then you must notify us within 7 days ofreceipt of the Lot, specifying the nature of the problem. We may thenrequest that the Lot is returned to us for inspection. Save as set out inclause 5.13, the cancellation of the sale of any Lot and the refund ofthe corresponding purchase price is entirely at our sole discretion. Wewill not normally exercise that discretion if the Lot is not received byus in the same condition that it was in at the auction date.

5 AFTER THE AUCTION5.1 Buyer’s Premium

In addition to the Hammer Price, you must pay us the Buyer’sPremium at a rate of 20% of the final Hammer Price of each Lot.

5.2 Value Added TaxOther than in respect of Zero-rated Lots (o) (see VAT Symbols fordetails), VAT is payable on the Buyer’s Premium and on the HammerPrice, if the Lot has been marked with a sign to that effect in thecatalogue (see VAT Symbols for details).

5.3 VAT RefundsGeneral5.3.1 As we remain liable to account for VAT on all Lots unless they

have been exported outside the EU within 3 months of the date ofsale, you will generally be asked to deposit all amounts of VATinvoiced. However, if a Spink nominated shipper is instructed, thenany refundable VAT will not be collected. In all other cases creditswill be made when proof of export is provided. If you export theLot yourself you must obtain shipping documents from theShipping Department for which a charge of £50 will be made.

5.3.2 If you export the Lot you must return the valid proof of exportcertificate to us within 3 months of the date of sale. If you fail toreturn the proof of export certificate to us within such period andyou have not already accounted to us for the VAT, you will beliable to us for the full amount of the VAT due on such Lot and weshall be entitled to invoice you for this sum.

5.3.3 To apply for a refund of any VAT paid, the proof of exportcertificate must be sent to our Shipping Department clearly marked‘VAT Refund’ within 3 months of the date of sale. No payment willbe made where the total amount of VAT refundable is less than £50and Spink will charge £50 for each refund processed.

VAT Refunds - Buyers from within the EU5.3.4 VAT refunds are available on the Hammer Price and Buyer’s

Premium of Daggered (†) and Investment Gold (g) Lots. You mustcertify that you are registered for VAT in another EU country andthat the Lot is to be removed from the United Kingdom within 3months of the date of sale.

5.3.5 Where an EU buyer purchases a Lot on which import VAT hasbeen charged, no refund of VAT is available from us. It may bepossible to apply directly for a refund on form VAT 65 toHM Revenue & Customs Overeseas Repayment Section,Londonderry.

VAT Refunds – Buyers from outside the EU5.3.6 Where a Lot is included within the Auctioneers’ Margin Scheme

and evidence of export from the EU is produced within 3 monthsof the date of sale, the VAT element included within the Buyer’sPremium may be refunded.

5.3.7 Where the Lot is marked as a Daggered (†) or Investment Gold(g) Lot the VAT charged on the Hammer Price may be refundedwhere evidence of export from the EU is produced within 3months of the date of sale. A refund of VAT charged on the Buyer’sPremium can also be made on receipt of proof of business as acollectibles dealer.

5.3.8 Where the Lot is marked as an Omega (Ω) Lot or an ImportVAT (x) Lot and evidence of export from the EU is producedwithin 3 months of the date of sale, the VAT charged on both theHammer Price and Buyer’s Premium may be refunded. Whererequired, we can advise you on how to export such Lots as a specificform of export evidence is required. Where we advise you on theexport of the Lots, please be aware that the ultimate responsibilityin respect of obtaining a valid proof of export certificate will lie withyou and we will not be responsible for your failure to obtain suchcertificate.

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5.4 Payment5.4.1 You must provide us with your full name and permanent address

and, if so requested, details of the bank from which any paymentsto us will be made. You must pay the full amount due (comprisingthe Hammer Price, the Buyer’s Premium and any applicable VAT)within seven days after the date of the sale. This applies even if youwish to export the Lot and an export licence is (or may be)required.

5.4.2 You will not acquire title to the Lot until all amounts due have been paid in full. This includes instances where specialarrangements were made for release of Lot prior to full settlement.

5.4.3 Payment should be made in sterling by one of the followingmethods:II(i) Direct bank transfer to our account details of which are set

out on the invoice. All bank charges shall be met by you.Please ensure that your client number is noted on thetransfer.

i(ii) By cheque or bank draft made payable to Spink and Son Ltdand sent to Spink at 69 Southampton Row, Bloomsbury,London WC1B 4ET. Please note that the processing chargesfor payments made by cheques or bank drafts drawn on anon-U.K bank shall be met by you. Please ensure that theremittance slip printed at the bottom of the invoice isenclosed with your payment.

(iii) By Visa or Mastercard. A charge of 2% will be applied.Payments exceeding £5,000 can normally only be made bythe card holder in person whilst on our premises.

5.4.4 Payments should be made by the registered buyer and not bythird parties, unless it has been agreed at the time of registrationthat you are acting as an agent on behalf of a third party.

5.5 InvoicesInvoices may consist of one or more pages and will show: Zero ratedLots (o); no symbol Lots sold under the Auctioneers’ Margin Scheme;Lots marked (g) special scheme Investment Gold; Daggered Lots (†),imported Lots marked (x) and (Ω), (e) Lots with Zero rated hammerfor EU VAT registered buyers.

5.6 Collection of Purchases5.6.1 Unless we specifically agree to the contrary, we shall retain items

sold until all amounts due to us, or to the Spink Group, have beenpaid in full.

5.6.2 Unless we notify you to the contrary, items retained by us willbe covered in accordance with our policy which is available forinspection at our offices from the date of sale for a period of sevendays or until the time of collection, whichever is sooner. After sevendays or from the time of collection, whichever is the earlier, the Lotwill be entirely at your risk.

5.6.3 Our policy will not cover and we are unable to acceptresponsibility for damage caused by woodworm, changes inatmospheric conditions or acts of terrorism.

5.7 NotificationWe are not able to notify successful bidders by telephone. WhileInvoices are sent out by mail after the auction we do not acceptresponsibility for notifying you of the result of your bid. You arerequested to contact us by telephone or in person as soon as possibleafter the auction to obtain details of the outcome of your bids to avoidincurring charges for late payment.

5.8 Packing and handling5.8.1 We shall use all reasonable endeavours to take care when

handling and packing a purchased Lot but remind you that afterseven days or from the time of collection, whichever is sooner, theLot is entirely at your risk. Our postage charges are set out at theback of the catalogue.

5.8.2 It is the responsibility of the Buyer to be aware of any ImportDuties that may be incurred upon importation to the finaldestination. Spink will not accept return of any package in order toavoid these duties. The onus is also on the Buyer to be aware of anyCustoms import restrictions that prohibit the importation ofcertain collectibles. Spink will not accept return of the Lot(s) underthese circumstances. Spink will not accept responsibility for Lot(s)seized or destroyed by Customs.

5.9 Recommended packers and shippersIf required our shipping department may arrange shipment as youragent. Although we may suggest carriers if specifically requested, oursuggestions are made on the basis of our general experience of suchparties in the past and we are not responsible to any person to whomwe have made a recommendation for the acts or omissions of the thirdparties concerned.

5.10 Remedies for non-payment or failure to collect purchases5.10.1 If you fail to make payment within seven days of your stipulated

payment date set out in your invoice, we shall be entitled to exerciseone or more of the following rights or remedies:5.10.1.1 to charge interest at the rate of 2% per month compound

interest, calculated on a daily basis, from the date the fullamount is due;

5.10.1.2 to set off against any amounts which the Spink Group mayowe you in any other transaction the outstanding amountremaining unpaid by you;

5.10.1.3 we may keep hold of all or some of your Lots or otherproperty in the possession of the Spink Group until you havepaid all the amounts you owe us or the Spink Group, even if theunpaid amounts do not relate to those Lots or other property.Following fourteen days’ notice to you of the amountoutstanding and remaining unpaid, the Spink Group shall havethe right to arrange the sale of such Lots or other property. Weshall apply the proceeds in discharge of the amount outstandingto us or the Spink Group, and pay any balance to you;

5.10.1.4 where several amounts are owed by you to the SpinkGroup in respect of different transactions, to apply any amountpaid to discharge any amount owed in respect of any particulartransaction, whether or not you so direct;

5.10.1.5 to reject at any future auction any bids made by you or onyour behalf or obtain a deposit from you before accepting anybids.

5.10.2 If you fail to make payment within thirty-five days, we shall inaddition be entitled:

5.10.2.1 to cancel the sale of the Lot or any other item sold to youat the same or any other auction;

5.10.2.2 to arrange a resale of the Lot, publicly or privately, and, ifthis results in a lower price being obtained, claim the balancefrom you together with all reasonable costs including a 20%seller’s commission, expenses, damages, legal fees, commissionsand premiums of whatever kind associated with both sales orotherwise, incurred in connection with your failure to makepayment; or

5.10.2.3 take any other appropriate action as we deem fit.

5.11 Failure to collectWhere purchases are not collected within seven days after the sale,whether or not payment has been made, you will be required to pay astorage charge of £2 per item per day plus any additional handling costthat may apply. You will not be entitled to collect the Lot until alloutstanding charges are met, together with payment of all otheramounts due to us.

5.12 Export Licence5.12.1 If required we can, at our discretion, advise you on the detailed

provisions of the export licensing regulations. Where we advise youin relation to export licensing regulations the ultimate responsibilityin respect of any export will lie with you and we will not beresponsible for your failure to apply for any necessary licences.

5.12.2 If the Lot is going to be hand carried by you, you may berequired to produce a valid export licence to us or sign a waiverdocument stating that a licence will be applied for.

5.12.3 You should always check whether an export licence is requiredbefore exporting. Export licences are usually obtained within twoor three weeks but delays can occur.

5.12.4 Unless otherwise agreed by us in writing, the fact that you wishto apply for an export licence does not affect your obligation tomake payment within seven days nor our right to charge interest onlate payment.

5.12.5 If you request that we apply for an export licence on yourbehalf, we shall be entitled to recover from you our disbursementsand out of pocket expenses in relation to such application, togetherwith any relevant VAT.

5.12.6 We will not be obliged to rescind a sale nor to refund anyinterest or other expenses incurred by you where payment is madeby you despite the fact that an export licence is required.

5.13 Refund in the case of Forgery5.13.1 A sale will be cancelled, and the amount paid refunded to you

if a Lot (other than a miscellaneous item not described in thecatalogue) sold by us proves to have been a Forgery. We shall nothowever be obliged to refund any amounts if either (a) thecatalogue description or saleroom notice at the auction datecorresponded to the generally accepted opinion of scholars orexperts at that time, or fairly indicated that there was a conflict ofopinions, or (b) it can be demonstrated that the Lot is a Forgeryonly by means of either a scientific process not generally acceptedfor use until after publication of the catalogue or a process which atthe date of the auction was unreasonably expensive or impracticableor likely to have caused damage to the Lot. Furthermore, youshould note that this refund can be obtained only if the followingconditions are met:

5.13.1.1 you must notify us in writing, within seven days of thereceipt of the Lot(s), that in your view the Lot concerned is aForgery;

5.13.1.2 you must then return the item to us within fourteen daysfrom receipt of the Lot(s), in the same condition as at theauction date; and

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5.13.1.3 as soon as possible following return of the Lot, you mustproduce evidence satisfactory to us that the Lot is a Forgery andthat you are able to transfer good title to us, free from any thirdparty claims.

5.13.2 In no circumstances shall we be required to pay you any morethan the amount paid by you for the Lot concerned and you shallhave no claim for interest.

5.13.3 The benefit of this guarantee is not capable of beingtransferred, and is solely for the benefit of the person to whom theoriginal invoice was made out by us in respect of the Lot when soldand who, since the sale, has remained the owner of the Lot withoutdisposing of any interest in it to any third party.

5.13.4 We shall be entitled to rely on any scientific or other process toestablish that the Lot is not a Forgery, whether or not such processwas used or in use at the date of the auction.

6 LIABILITY Nothing in these Terms and Conditions limits or excludes our liability for:6.1 death or personal injury resulting from negligence; or 6.2 any damage or liability incurred by you as a result of our fraud or

fraudulent misrepresentation.7 COPYRIGHT

7.1 We shall have the right (on a non-exclusive basis) to photograph, videoor otherwise produce an image of the Lot. All rights in such an imagewill belong to us, and we shall have the right to use it in whatever waywe see fit.

7.2 The copyright in all images, illustrations and written material relatingto a Lot is and shall remain at all times our property and we shall havethe right to use it in whatever way we see fit. You shall not use or allowanyone else to use such images, illustrations or written material withoutour prior written consent.

8 VATYou shall give us all relevant information about your VAT status and that ofthe Lot to ensure that the correct information is printed in the catalogues.Once printed, the information cannot be changed. If we incur any unforeseencost or expense as a result of the information being incorrect, you willreimburse to us on demand the full amount incurred.

9 NOTICESAll notices given under these Terms and Conditions may be served personally,sent by 1st class post, or faxed to the address given to the sender by the otherparty. Any notice sent by post will be deemed to have been received on thesecond working day after posting or, if the addressee is overseas, on the fifthworking day after posting. Any notice sent by fax or served personally will bedeemed to be delivered on the first working day following despatch.

10 ADDITIONAL PROVISIONSThe following provisions of this clause 10 shall apply only if you are acting forthe purposes of your business. 10.1 Limitation of Liability

Subject to clause 6, we shall not be liable, whether in tort (includingfor negligence) or breach of statutory duty, contract, misrepresentationor otherwise for any:10.1.1 loss of profits, loss of business, depletion of goodwill and/or

similar losses, loss of anticipated savings, loss of goods, loss ofcontract, loss of use, loss of corruption of data or information; or

10.1.2 any special, indirect, consequential or pure economic loss,costs, damages, charges or expenses.

10.2 SeverabilityIf any part of these Terms and Condition is found by any court to beinvalid, illegal or unenforceable, that part may be discounted and therest of the conditions shall continue to be valid and enforceable to thefullest extent permitted by law.

10.3 Force majeureWe shall have no liability to you if we are prevented from, or delayedin performing, our obligations under these Terms and Conditions orfrom carrying on our business by acts, events, omissions or accidentsbeyond our reasonable control, including (without limitation) strikes,lock-outs or other industrial disputes (whether involving our workforceor the workforce of any other party), failure of a utility service ortransport network, act of God, war, riot, civil commotion, maliciousdamage, compliance with any law or governmental order, rule,regulation or direction, accident, breakdown of plant or machinery,fire, flood, storm or default of suppliers or subcontractors.

10.4 Waiver10.4.1 A waiver of any right under these Terms and Conditions is only

effective if it is in writing and it applies only to the circumstancesfor which it is given. No failure or delay by a party in exercising anyright or remedy under these Terms and Conditions or by law shallconstitute a waiver of that (or any other) right or remedy, norpreclude or restrict its further exercise. No single or partial exerciseof such right or remedy shall preclude or restrict the further exerciseof that (or any other) right or remedy.

10.4.2 Unless specifically provided otherwise, rights arising underthese Terms and Conditions are cumulative and do not excluderights provided by law.

10.5 Law and Jurisdiction10.5.1 These Terms and Conditions and any dispute or claim arising

out of or in connection with them or their subject matter, shall begoverned by, and construed in accordance with, the law of Englandand Wales.

10.5.2 The parties irrevocably agree that the courts of England andWales shall have exclusive jurisdiction to settle any dispute orclaim that arises out of, or in connection with, Terms andConditions or their subject matter.

Postal Charges

Prices for books(items sent by this method are not covered by insurance)

Prices for all other items including postage and packaging

Shipments of more than 2kg or volumetric measurement of more than 2kg have tobe sent by courier. Certain countries may incur extra charge when courier servicesare required by our insurance policy. For lots sent by courier please [email protected] for calculation of any further relevant cost in addition tothe above charges.

Value Added Tax (VAT)

Charging of (VAT) at AuctionThe information shown on this page sets out the way in which Spink intends toaccount for VAT.

i. Auctioneers’ Margin Scheme1. Where possible, we will offer Lots for sale under the Auctioneers’

Margin Scheme. Such Lots can be identified by the absence of anysymbol next to the Lot number in the catalogue and will not besubject to VAT on the Hammer Price.

2. Where Lots are sold using the Auctioneers’ Margin Scheme toVAT–registered businesses, the VAT included within the Buyers’Premium is not recoverable as input tax. Upon request on sale day,we will issue invoices that show VAT separately on both the HammerPrice and the Buyer’s Premium. This will enable VAT-registeredbusinesses to recover the VAT charged as input tax, subject to thenormal rules for recovering input tax.

ii. Zero-Rated LotsLimited Categories of goods, such as books, are Zero-rated (o) for VAT inthe United Kingdom. Such Lots are offered under the Auctioneers’ MarginScheme. In these circumstances no VAT element will be included withinthe Buyer’s Premium.

iii. Daggered LotsLots which are Daggered (†) in the catalogue are subject to VAT at 20%on both the Hammer Price and the Buyer’s Premium.

iv. Starred and Omega LotsLots which are marked (x) in the catalogue are subject to VAT at 5% onthe Hammer Price and 20% on the Buyer’s Premium which is shown asinclusive of VAT. Lots which bear the Omega symbol (Ω) are subject toVAT at 20% on the Hammer Price and on the Buyer’s Premium. Such Lotsbear VAT because the Lot is liable for VAT at this rate on importation intothe EU.

v. Investment Gold LotsLots marked (g) in the catalogue are exempt from VAT on the HammerPrice and are subject to VAT at 20% on the Buyer’s Premium. A refund ofVAT charged on the Buyer’s Premium can also be made on receipt of proofof business as a collectibles dealer.

vi. Imported LotsLots which are marked (x) and Lots which bear the Omega symbol (Ω)have VAT charged on the Hammer Price and Buyers’ Premium becausethey have been imported into the United Kingdom from outside the EU.In these cases we have used a temporary importation procedure, which ineffect means that the point of importation is deferred until the Lot has beensold. At this point the Buyer is treated as the importer and is liable to paythe import VAT due. We will collect the VAT from you and pay it to HMCustoms and Excise on your behalf.

Invoice Value UK EU Rest of the WorldUp to £1,500 £10 £15 £20

Above £1,501 £20 £30 £40

Weight UK EU Rest of the WorldUp to 1kg £8 for any weight £12 £15

Up to 2kg £8 for any weight £18 £25

Spink banknotes 12034 pages:Layout 1 1/9/12 08:05 Page 80

GROUP CHAIRMAN AND CEO

Olivier D. Stocker

YOUR SPECIALISTS

STAMPS

UK - Tim Hirsch Guy Croton David Parsons Nick Startup Neill GrangerPaul Mathews Dominic Savastano Tom Smith

USA - Chris Anderson George Eveleth Andrew Titley Ed Robinson Rick PenkoEUROPE - Guido Craveri Fernando Martínez

CHINA - Anna Lee Johnny SangCOINS

UK - Paul Dawson Julie-Morgane Lecoindre Richard Bishop William MacKayBarbara Mears John Pett

USA - Stephen Goldsmith Matthew Orsini Normand PepinCHINA - Mark Li

BANKNOTES, BONDS & SHARES

UK - Barnaby Faull Mike Veissid Andrew Pattison Tom BadleyUSA - Stephen Goldsmith Matthew Orsini

CHINA - Mark LiORDERS, DECORATIONS, MEDALS & MILITARIA

UK - Mark Quayle Oliver PepysBOOKS

UK - Philip SkingleyAUTOGRAPHS

USA - Stephen GoldsmithWINES

CHINA - Anna Lee

YOUR EUROPE TEAM (LONDON - LUGANO)

Chairman’s OfficeDennis Muriu Monica Kruber

DirectorsTim Hirsch Anthony Spink

Auction & Client Management TeamMiroslava Adusei-Poku Sandie Maylor Charles Blane Luca Borgo

Phillipa Brown Rita Ariete María Martínez Maurizio Schenini

FinanceAlison Bennet Marco Fiori Mina Bhagat Alison Kinnaird Shyam Padhiar Billy Tumelty

IT & AdministrationBerdia Qamarauli Attila Gyanyi Liz Cones Curlene Spencer John Winchcombe

Bobby McBrierty Tom Robinson Cristina Dugoni Giacomo Canzi

YOUR AMERICA TEAM (NEW YORK - DALLAS)

Chairman EmeritusJohn Herzog

Auction Administration and Marketing & DesignRick Penko Patricia Gardner James McGuire Emily Cowin Clyde Townsend

Finance & AdministrationSam Qureshi Ingrid Qureshi Ed Robinson

AuctioneersStephen Goldsmith Tracy Shreve Andrew Titley

YOUR ASIA TEAM (HONG KONG - SINGAPORE)

Vice ChairmanAnna Lee

AdministrationAmy Yung Dennis Chan Newton Tsang Raymond Tat Gary Tan

BANKNOTES

26 September Charity Auction of Bank of England Notes London 120372/3 October World Banknotes London 120234 October The George Kanaan Collection of Banknotes of the Middle East London 120479 October The David Kirch Collection of English Provincial Banknotes - Part I London 1203510 October The David Kirch Collection of Bank of England Notes - Part I London 1203427 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 3156 December World Banknotes London 1202412 January Banknotes of Hong Kong and China Hong Kong 1300515/16 January The Collector’s Series Sale New York 316

SALE CALENDAR 2012/2013

The above sale dates are subject to change

Spink offers the following services:– VALUATIONS FOR INSURANCE AND PROBATE FOR INDIVIDUAL ITEMS OR WHOLE COLLECTIONS –

– SALES ON A COMMISSION BASIS EITHER OF INDIVIDUAL PIECES OR WHOLE COLLECTIONS –

STAMPS

12 September The Chartwell Collection - GB King Edward VIII, King George VI and Queen Elizabeth II London 1201713 September The Gavin Littaur Collection of British Postal History. Selected rare covers from the period 1840-53 London 1204522 September Fine Stamps and Covers of South East Asia Singapore 1201911 October Great Britain Stamps Specialised Sale London 1201823 October Victoria Half Lengths - The John Barwis Collection London 1204223 October The “Fordwater” Collections of Falkland Islands, Gibraltar and Malta London 1203923 October Latin America, including the Tito Collection - Part II Lugano SW100324 October Queensland - The Alan Griffiths Collection London 1204324 October The Collector’s Series Sale Lugano SW100427 October The Collector’s Series Sale Hong Kong 120487 November The Collector’s Series Sale London 120208 November Great Britain - The “Fordwater” Collection London 120498/9 November The Collector’s Series Sale New York13/14 November The Morgan Collection of Australian Commonwealth London 1204612 December The Chartwell Collection - GB Line-Engraved Essays, Proofs, Stamps and Covers - Part IV London 1202113 January The Mizuhara Collection of Korean Stamps Hong Kong 1300813 January Fine Stamps and Covers of Hong Kong and China Hong Kong 13009

COINS

26 September Ancient, British & Foreign Coins and Commemorative Medals London 1202627 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 3154 December Ancient, English & Foreign Coins and Commemorative Medals London 1202712 January Fine Coins of Hong Kong and China Hong Kong 1300715/16 January The Collector’s Series Sale New York 316

MEDALS

6 September The Bentley Priory Battle of Britain Trust Appeal Charity Auction London 1204422 November Orders, Decorations, Campaign Medals & Militaria London 1200425 April Orders, Decorations, Campaign Medals & Militaria London 1300125 July Orders, Decorations, Campaign Medals & Militaria London 1300221 November Orders, Decorations, Campaign Medals & Militaria London 13003

BONDS AND SHARES

27 October The Collector’s Series Sale Hong Kong 1204813/14 November The Collector’s Series Sale New York 31528 November Bonds and Share Certificates of the World London 1201112 January Bonds and Share Certificates of Hong Kong and China Hong Kong 1300615/16 January The Collector’s Series Sale New York 316

AUTOGRAPHS

13/14 November The Collector’s Series Sale New York 31515/16 January The Collector’s Series Sale New York 316

WINES

September An Evening of Exceptional Wines Hong KongNovember An Evening of Exceptional Wines Hong Kong

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69 Southampton Row, Bloomsbury, London WC1B 4ETwww.spink.com

10 OCTOBER 2012

LONDON

£25 THE DAVID KIRCH COLLECTION OF BANK OF ENGLAND NOTES

PART I

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