Banknotes at Auction

 

What Banknotes Are of Numismatic Interest?

Numismatics isn’t limited to coins—it also encompasses the fascinating world of banknotes. At O’Reilly’s Auction Rooms, our monthly auctions include a selection of coins and banknotes, connecting collectors with rare and historically significant currency. Banknotes are more than just a means of exchange; they are pieces of art that tell the stories of nations, economies, and cultures throughout history.

Collectors are particularly drawn to iconic series such as the Irish Lady Lavery and Ploughman notes, prized for their intricate designs and historical significance. Early Northern Irish banknotes and British currency from the early 20th century are also in high demand, offering insight into a bygone era.

Rarity and condition play a significant role in the value of banknotes. A crisp uncirculated banknote from a limited print run or with unique serial numbers can fetch impressive prices at auction. For example, a rare Irish Warcode Lavery £20 note sold for nearly €2000 at one of our auctions, highlighting the value of these historical treasures.

Whether you are an experienced collector or a newcomer to the world of banknotes, our in-house numismatist carefully examines each piece to ensure its authenticity and value, helping you discover extraordinary finds.

 

What Makes a Banknote Valuable?

Several factors determine the value of a banknote at auction. Rarity is often the most significant, with limited print runs or unique serial numbers increasing a banknote’s desirability. Condition is also crucial—well-preserved notes without folds, tears, or marks typically command higher prices.

Historical significance is another key factor, as collectors often seek banknotes linked to important events or periods in history. Additionally, notes featuring intricate designs or unique artistic elements are highly sought after.


The Different Types of Banknotes at Auction

At O’Reilly’s, our banknotes auctions feature a diverse selection of rare and collectible currency. Highlights include:

  • Irish Banknotes: Featuring the iconic Lady Lavery and Ploughman series, cherished for their artistry and cultural importance.

  • Northern Irish Banknotes: Rare examples from banks across Northern Ireland, offering a glimpse into the region’s monetary history.

  • British Banknotes: Early 20th-century currency, including unique designs and historically significant prints.

  • Commemorative Banknotes: Limited-edition notes issued to mark significant events or milestones, which are often sought after by collectors.

Each auction is carefully curated by our team of experts to ensure the highest standards of quality and authenticity. Whether you’re expanding your collection or seeking a unique investment, O’Reilly’s offers an unparalleled opportunity to acquire banknotes with lasting value.

Taking Part in a Banknote Auction

Participating in one of our banknotes auctions is a straightforward and rewarding experience. As a bidder, you’ll have access to detailed descriptions and high-resolution images of each item, allowing you to evaluate its quality and appeal.

Our auctions cater to both seasoned collectors and beginners, offering a wide range of banknotes to suit all interests and budgets. From rare Lady Lavery notes to unique Ploughman Irish currency, there’s always an opportunity to find something special.

FAQs | Buying Banknotes at Auction

How do I bid on banknotes at auction?
To bid on banknotes, you can register online, in person, or by phone. You'll receive a unique bidder number or login details for online participation.

How do you ensure the authenticity of banknotes?
Our in-house Numismatist carefully examines each banknote, verifying its authenticity and providing detailed descriptions for prospective buyers.

Can I inspect the banknotes before bidding?
Yes, we offer pre-auction viewing days where you can see the banknotes in person. High-resolution images and detailed descriptions are also available online.

What makes a banknote valuable?
Factors such as rarity, condition, historical significance, and demand all play a role in determining the value of a banknote.

Which banknotes are most in demand?
Popular examples include Irish Lady Lavery and Ploughman notes, early Northern Irish issues, and rare British notes from the 20th century.

What should I do if I win a banknote auction?
After winning, you'll need to make payment, including any buyer’s premium. Once settled, you can arrange collection or delivery of your item.

Can I return a banknote after purchasing it at auction?
Auction sales are final, so it's important to review descriptions and consult with our team if you have any questions before bidding.

Are banknotes auctions suitable for beginners?
Absolutely! Our auctions include a wide selection, catering to both novice collectors and seasoned investors, with options for various budgets.

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