World Banknotes

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Lot 2522    Session 9 (4.30pm Wednesday)    World Banknotes

Estimate $100
Bid at live.noble.com.au
SOLD $70

GERMANY-CZECHOSLOVAKIA, Theresienstadt Concentration (Ghetto) camp, one to one hundred kronen notes, issued 1943, with extra one krone note, the values from twenty to one hundred kronen with full numbers, (Campbell No. 4111-4117, Stahl, No.76-91, [p.48-57]). Very good - extremely fine. (8)

All of Theresienstadt notes are dated 1.1.43 two years after the Ghetto was established. They were issued by the 'Council of Elders' and signed by its committee head, Jacob Edelstein. This currency had no real economic value, while food and clothing stores existed in the Ghetto, goods were purchased by trading in special coupons issued periodically. These camp notes were part of a grand facade, geared towards impressing the Red Cross and other foreign visitors frequenting the Ghetto. Despite their limited use the notes were printed in large quantities from 159,000 for the 50 krone note to 2,000,000 for the one krone note. Large quantities of these notes were found after the war.

Estimate / sale price does not include buyer's premium (currently 22% including GST) which is added to hammer price. All bids are executed on the understanding that the Terms & Conditions of sale have been read and accepted. For information on grading and estimates please refer to the Buying at Auction advice.

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