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More ugly than rare, but nevertheless...


Serano

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Hi there,
I am looking for any information on the banknote shown below. It showed up in a pile of worthless German inflation notes and I sure am glad that I checked it out in Pick. Apparently it's very rare. Information on the note or the bank that issued it is hard to find, though, so I hope that some of you clever people can help. Any information will be appreciated. Also, does anyone know how much a note like this should realistically sell for?

 

Thanks, Marcel

Riga-1.jpg

Riga-3.jpg

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Best of luck with it. Hope it turns out to be genuine and worth a fortune. Enjoy and welcome to CoinPeople.

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Thanks so far. MMMM, you are right - it is P-A1 and I am quite certain that it's genuine.

 

The interesting thing is that the banknote only uses one language - German - in an area where one should think that Russian would be relevant as well. But I suppose there's a reason for that.

 

Does anyone have suggestions as to where I could find more info? Google is not that helpful :)

 

// Marcel

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Thanks so far. MMMM, you are right - it is P-A1 and I am quite certain that it's genuine.

 

The interesting thing is that the banknote only uses one language - German - in an area where one should think that Russian would be relevant as well. But I suppose there's a reason for that.

 

Does anyone have suggestions as to where I could find more info? Google is not that helpful :)

 

// Marcel

 

 

German was business language in that part of world - a result from Hanseatic era. Until end of second war 1941-5 there were many Germans living in Baltic states.

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This note is rare, but not very rare. Sometimes the note can be found in auctions.

 

One piece –much better looking than yours, but repaired- was in an auction of Cortrie, Germany, Dec. 2010. Starting price 1600 Euros. I believe the piece did not sell. The same piece was in another auction of Cortrie, Oct. 2012, starting price 900 €.

 

Another picture of the note you may find here: http://www.collectweb.nl/item/51938/5814

 

There is a book on the history of the bank: “Die Rigaer Börsenbank 1864-1914…..”. Issued in 1914 by the Börsenbank itself, commemorating 50 years of the bank. I do not have this book as –although a dealer in worldbanknotes- I myself collect only Chinese notes. This book is written in German, and right now happens to be available at AbeBooks.de

 

Erwin

 

 

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