Bermuda tender snapped up at London auction
Two Bermuda Government banknotes almost a century old were among several locally issued notes sold at auction in London yesterday.
One of the 1927 notes fetched £4,600 (about $6,200) at the World Banknotes auction hosted by the Noonans Mayfair auction house.
The September 30, 1927, note was described as “astonishingly high-grade” and features the island’s capital.
Its quality was extolled by the Florida-headquartered PMG, the world’s largest third‑party grading service for banknotes.
Another £1 Bermuda Government banknote, also dated September 30, 1927, was picked for £4,000.
The note was described as “the single finest-known example of this wonderful note, absolutely remarkable in this grade”.
A third £1 Bermuda Government banknote, dated May 12, 1937, went for £180.
The note was described as “attractive and clean but lightly pressed extremely fine, scarce regardless”.
At the auction, a five-shilling and a ten-shilling note, listed together and dated May 1, 1957, fetched £140.
Two Bermuda Monetary Authority-issued notes, a $5 and $20, listed together and dated February 10, 1989, were sold for £100.
A BMA-issued $100 note, dated February 20, 1994, and described as “scarce”, went for £420.
The auction, which features dozens of notes grouped in lots, concludes today.
