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Saturday, November 6, 2010

How's this for inflation? Hawaii $10 bank note sells for $134,500 in New York

The rare note was among a number of rare coins and stamps auctioned by Doyle in the Big Apple

Doyle auctioneers of New York held a successful sale of Coins, Bank Notes, Postage Stamps and Gemstones on November 1.

The auction offered property from a variety of prominent estates and private collections - with a number of numismatic gems included among the lots.

According to Doyle, the event attracted competitive international bidding from buyers in the salesroom, on the telephones and via the internet.

An Hawaii $10 bank note, sold for $134,500

Total sales reached $496,366, nicely above the auction house's $301,925-411,725 estimate. Overall 83% of the pieces sold by lot and 100% sold by value.

Highlights in the auction included a Hawaii $10 bank note, sold for $134,500. It appeared alongside stamps, gemstones and other treasures.

Also among the star lots was an historic Venezuela Indian Tribal Series coin, which realised $13,125.

This Venezuela Indian Tribal Series coin brought $13,125

Doyle's next coins, banknotes and stamps sale is to be held in Spring 2011, with consignments already being accepted. Watch this space for more news on the sale.