Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Elderly Dales man banks 410,000 after rare notes found in his house clearance[UK]
Yorkshire Post ^ | 01 Oct 2009 | Simon Neville

Posted on 10/01/2009 10:59:45 AM PDT by BGHater

Clearing out your home can uncover all sorts of trinkets long forgotten, but for one resident of the Yorkshire Dales it led to the discovery of six genuine treasures he never knew he had. And now the rare Australian banknotes hiding under the lining paper of his chest of drawers have fetched a staggering £410,490 at auction.

The elderly owner in his 80s, who wants to remain anonymous, was due to move into a retirement home and called in his local auctioneers to go through the house and see what they could sell for him.

Rodney Tennant, of Tennant's Auctioneers, tasked with the job explained: "It wasn't a big house, but there was so much clutter to get through. Three or four weeks in – we had cleared most of the house and then we spotted the lining paper in a chest of drawers and had a look underneath it."

Lying undisturbed and in mint condition were a series of 1913 Commonwealth of Australia banknotes.

"You would have never known they were there." said Mr Tennant. "They were laid out flat so there was no ripple or bump in the paper covering to indicate something was hidden. There was no way of telling how long they had been there."

"Frankly, it took a long time to persuade him the notes were his," said Mr Tennant.

"He simply didn't know they were there. I asked him how long he had had the chest of drawers. He said 'all my life, at least 50 years'."

Mr Tennant eventually convinced the owner, described as "eccentric", they were his notes and put him in touch with specialist auctioneers Spink. They informed international collectors and set up an auction.

The notes were issued in Australia and specimens were strictly rationed with allocations to private individuals almost unheard of, leading to the high price.


TOPICS: Business/Economy; History
KEYWORDS: australia; banknotes; godsgravesglyphs; treasure; uk
'Lying undisturbed and in mint condition were a series of 1913 Commonwealth of Australia banknotes.'

Awesome. £410,490.00 = $654,581.38

1 posted on 10/01/2009 10:59:46 AM PDT by BGHater
[ Post Reply | Private Reply | View Replies]

To: BGHater

Perhaps an “upgrade” in his selection of “retirement home”?


2 posted on 10/01/2009 11:06:05 AM PDT by G Larry ( Obamacare=Dying in Line!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BGHater
Cool.

Not quite the same, but we recently had a thread on someone who had a number of $20 US gold pieces from 1933 stashed away in a safe deposit box. Since FDR had withheld these from the public, they are exceedingly rare -- and illegal to own, which is why our US government just pocketed them (they're worth millions).

3 posted on 10/01/2009 11:07:09 AM PDT by ClearCase_guy (Play the Race Card -- lose the game.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BGHater

that’ll buy a lot of Foster’s Lager!


4 posted on 10/01/2009 11:09:12 AM PDT by thefactor (yes, as a matter of fact, i DID only read the excerpt)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Byron_the_Aussie

Perhaps you’d be kind enough to explain why these are so valuable.

Thanks in advance.


5 posted on 10/01/2009 11:09:34 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BGHater

http://numismondo.com/pm/aus/index003.htm


6 posted on 10/01/2009 11:10:23 AM PDT by seton89
[ Post Reply | Private Reply | To 1 | View Replies]

To: BGHater

His real luck was finding an honest auctioneer.


7 posted on 10/01/2009 11:11:34 AM PDT by lodi90
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lurker

From the article:

“The notes were issued in Australia and specimens were strictly rationed with allocations to private individuals almost unheard of, leading to the high price.”


8 posted on 10/01/2009 11:15:31 AM PDT by waus (FUBO UFCMF)
[ Post Reply | Private Reply | To 5 | View Replies]

To: lodi90

Yeah, but they still operate on a handshake over there.


9 posted on 10/01/2009 11:16:45 AM PDT by BGHater ("real price of every thing ... is the toil and trouble of acquiring it")
[ Post Reply | Private Reply | To 7 | View Replies]

To: thefactor

Lots of Emu Stubbies or Swan Lagers as well!


10 posted on 10/01/2009 11:41:19 AM PDT by ExpatGator (Extending logic since 1961.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: BGHater; Fred Nerks

· join list or digest · view topics · view or post blog · bookmark · post a topic · subscribe ·

 
Gods
Graves
Glyphs
Hey, nice!
...the rare Australian banknotes hiding under the lining paper of his chest of drawers have fetched a staggering £410,490 at auction.
Just adding to the catalog, not sending a general distribution.

To all -- please ping me to other topics which are appropriate for the GGG list.
GGG managers are SunkenCiv, StayAt HomeMother, and Ernest_at_the_Beach
 

·Dogpile · Archaeologica · ArchaeoBlog · Archaeology · Biblical Archaeology Society ·
· Discover · Nat Geographic · Texas AM Anthro News · Yahoo Anthro & Archaeo · Google ·
· The Archaeology Channel · Excerpt, or Link only? · cgk's list of ping lists ·


11 posted on 10/01/2009 6:53:12 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson