Dutch Stamp and Coin Auction Sells Most Extensive Series of Euro Banknotes with Minor Printing Errors

Collection of misprinted euro banknotes is found to be a fortunate fortune

WEESP, The Netherlands--()--On 22 November next a series of euro banknote errors will go under the hammer by the Nederlandsche Postzegel- en Muntenveiling [Dutch Stamp and Coin Auction]. An exceptional collection of banknotes like that - sneaked out of the rigorous checks during the early years- indeed these days forms a curiosity as you will no longer come across these errors in circulation. On average the banknote errors command prices six times the face value, with peaks even up to one hundred times the face value. Here is a striking example of two EURO 5 banknotes that missed a number of complete printings: the backs of these banknotes are practically blank. The banknotes originate from Germany, Spain, Italy, France, Finland, Greece and The Netherlands.

The lots with banknotes with printing errors belong to a collector who got hold of the first banknote error in 2002. After a hunt that actually took him around the world, he could only descry a mere seventy printing errors from the year 2002. The collection is now the most extensive one of banknote errors in the world. Since printing errors are no longer found in circulation and therefore the collection expands no longer, the owner has now put the banknotes up for auction. De Nederlandsche Bank N.V. (DNB) has assayed each and every banknote for authenticity and moreover tested all of them with a laser €uroscan.

On the Nederlandsche Postzegel- en Muntenveiling

De Nederlandsche Postzegel- en Muntenveiling BV [BV: private limited company] was established in 1942. In 1980 the NPV began auctioning coins too, and in this way has grown into an international firm of auctioneers. The NPV experts are exceptionally experienced in the sphere of stamps, postal history and numismatics. Furthermore, they have at their disposal a vast collection of books of reference on numismatics and stamp collecting.

BACKGROUND INFORMATION

Online catalogue: http://www.npv.nl/nl/veilingen/catalogus/weergave/search/veiling/M1402

View days for coin auction on 22 November 2014: http://www.npv.nl/nl/veilingen/kijkdagen

Contacts

For visual material or more information:
Marike Timmermans
phone +31 6 5052 8233
email info@npv.nl

Release Summary

A series of misprinted euro banknotes will be auctioned in The Netherlands at November 22, 2014. The misprints originate from Germany, Spain, Italy, France, Finland, Greece and The Netherlands.

Contacts

For visual material or more information:
Marike Timmermans
phone +31 6 5052 8233
email info@npv.nl