Rare Book Monthly

Articles - September - 2016 Issue

Rare Italian Banknote from WWII Occupation of Egypt Coming to Auction

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The banknote in question being sold at Winner's Auctions and Exhibits

Winner’s Auctions and Exhibits, the Jerusalem-based auction house I first wrote about in July’s Rare Book Monthly, is hosting another sale this month, Auction No. 095. With the house’s focus on Judaica, the auction visits topics such as holy books, letters from Rabbis and Rebbes, Maps, and Zionism. Auction No. 095 will take place on September 7th and includes 535 lots, all viewable online now on Winner’s website. And while the sale contains many noteworthy items (if you are a collector of Judaica, then the catalog is a must-read), this article’s focus is on a single, particularly rare item, hailing from the not-so-distant past.

In 1940, Italy, as an ally of Nazi Germany, invaded Egypt with the goal of seizing the Suez Canal. Prior to the invasion, the Foreign Ministers of Italy and Germany had divided the areas they planned to capture. Italy, with its designated territories of Egypt and North Africa, issued a series of eight special banknotes which were intended to replace the local currency. Five hundred million notes were issued, and on July 16, 1942, they were flown to Libya. In 1943, British forces under Montgomery Marshal defeated Axis forces in North Africa, and the plan to distribute the Italian banknotes was aborted. The military was then tasked with destroying the notes.

Over the years, there were whispers and rumors of a handful of banknotes that survived the torching by the Italian army. In 1967, a collector purchased five; they are currently found in the collection of Italia d’Banca. In the 1980s, three additional notes were stolen from an Italian collector and have since disappeared. In 1980, a complete set of eight “specimen” banknotes from the series was sold at auction in London for 90,000€. The sale in 1980 was the last time any of these banknotes has come up for sale.

Lot 169 of Winner’s Auction No. 095 is a 5 Lire banknote from the Italian occupation of Egypt, printed in 1942 and one of four known copies in the world. This particular copy came into the hands of a distinguished Jew from the Tripoli community, who personally received it from his chauffeur, a soldier in the Italian Army during World War II who saved it from destruction. The banknote is estimated $12,000-15,000.

Auction No. 095 takes place September 7, 2016, in Jersulaem. Bidding via absentee bid, telephone, and online is available, as well as live. The entire catalog is available here. Registration is required for first time bidders and can be done so by following this link.

Rare Book Monthly

  • <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. March 28, 2019</b>
    <b>Forum Auctions, Mar 28:</b> Greco (Gioachino). <i>Primo modo del gioco de Partito…</i> Manuscript, France, 1624 or 1625. A collection of partiti, or 'chess problems' by one of the most important figures in the history of chess. £20,000 to £30,000.
    <b>Forum Auctions, Mar 28:</b> Herodotus. <i>Historiae,</i> translated into Latin by Lorenzo Valla and edited by Antonio Mancinelli. Venice, 1494. £15,000 to £20,000.
    <b>Forum Auctions, Mar 28:</b> Darwin (Charles). Autograph Letter signed to his cousin Reginald Darwin, Down, Beckenham, Kent, 27th March 1879. £12,000 to £18,000.
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. March 28, 2019</b>
    <b>Forum Auctions, Mar 28:</b> Nicolay (Nicolas de). <i>The Navigations, peregrinations and voyages, made into Turkie,</i> first edition in English, Imprinted at London by Thomas Dawson, 1585. £10,000 to £15,000.
    <b>Forum Auctions, Mar 28:</b> Saint-Exupéry (Antoine de). <i>The Little Prince,</i> number 66 of 525 copies signed by the author, 1943. £8,000 to £12,000.
    <b>Forum Auctions, Mar 28:</b> Catlin (George, 1796-1872). Tuch-ee, A Celebrated War Chief of the Cherokees, watercolour, [circa 1834]. £6,000 to £8,000.
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. March 28, 2019</b>
    <b>Forum Auctions, Mar 28:</b> Genetics.- A collection of c.300 pamphlets on genetics comprising many of the major contributions from the first half of the 20th century. £5,000 to £7,000.
    <b>Forum Auctions, Mar 28:</b> India.- Rajasthan.- Kota School (probably late 18th c.). Elephant in a landscape with chains around his feet, brush and black ink with opaque pigments. £5,000 to £7,000.
    <b>Forum Auctions, Mar 28:</b> Commelin (Caspar). <i>Horti medici Amstelaedamensis plantae rariores et exoticae,</i> first edition, 48 finely hand-coloured engraved plates, Leiden, F.Haringh, 1706. £4,000 to £6,000.
    <b>Forum Auctions: Fine Books, Manuscripts and Works on Paper. March 28, 2019</b>
    <b>Forum Auctions, Mar 28:</b> Plague-water and cookery & medical recipes.- Jackson (Mrs Sarah). Medical and cookery recipes, manuscript in several hands, title and 134pp., 1688-1755. £4,000 to £6,000.
    <b>Forum Auctions, Mar 28:</b> Vernet (<i>After</i> Joseph, 1714-1789). <i>[Vues des ports de France],</i> sixteen plates (of 18), etchings and engravings by Charles Nicolas Cochin fils and Jacques Philippe Le Bas, [c.1760-1780]. £4,000 to £6,000.
    <b>Forum Auctions, Mar 28:</b> Detmold (Edward Julius, 1883-1957). Parrots and Butterflies, watercolour. £2,500 to £3,500.
  • <b>Koller Auctions: Books & Autographs. March 26, 2019</b>
    <b>Koller Auctions, Mar 26:</b> Jacques Gamelin. <i>Nouveau recueil d'osteologie et de myologie, dessine d'apres nature...</i> 2 parts in 1 vol., large folio, 82 copper plates. CHF 12,000 to 18,000
    <b>Koller Auctions, Mar 26:</b> Melchior Pfintzing. <i>Die geverlicheiten und einsteils geschichten des loblichen streytparen...</i> 118 woodcut engravings, first edition. CHF 30,000 to 50,000
    <b>Koller Auctions, Mar 26:</b> Book of hours. Handwritten Latin text on vellum. With 17 large miniatures, Flanders, c.1460. CHF 70,000 to 90,000
    <b>Koller Auctions, Mar 26:</b> Maria Sibylla Merian. <i> Dissertatio de generatione et metamorphosibus insectorum Surinamensium,</i> 72 copper plates, Den Haag, 1726. CHF 60,000 to 90,000
  • <b>Swann Auction Galleries Mar 21:</b> Princess Diana, group of 6 ALS to the editor of British Vogue, 1989-92. $5,000 to $7,500.
    <b>Swann Auction Galleries Mar 21:</b> Joseph Brant, Mohawk Chief, ALS, writing with news after pledging support to King George III against the American rebels, 1776. $20,000 to $30,000.
    <b>Swann Auction Galleries Mar 21:</b> Ulysses S. Grant, photograph dated & signed as President, portrait by Brady, 1875. $3,000 to $4,000.
    <b>Swann Auction Galleries Mar 21:</b> Alexander Graham Bell, ALS, accepting an invitation to tea during his only trip to Japan, 1898. $1,000 to $2,000.
    <b>Swann Auction Galleries Mar 21:</b> Nikola Tesla, signature & date on his monogrammed correspondence card, 1935. $3,500 to $5,000.
    <b>Swann Auction Galleries Mar 21:</b> Richard Wagner, ALS, concerning his opera Rienzi, 1869. $3,000 to $4,000.
    <b>Swann Auction Galleries Mar 21:</b> Henri Toulouse-Lautrec, autograph note signed, requesting the address of Yvette Guilbert, 1895. $2,000 to $3,000.
    <b>Swann Auction Galleries Mar 21:</b> Claude Monet, ALS, to painter Harry Lachman, complaining that his vision has not improved, 1920s. $2,500 to $3,500.
    <b>Swann Auction Galleries Mar 21:</b> Friedrich Hölderlin, autograph manuscript, unsigned, 7 lines quoting Michael Denis's <i>Ossians und Sineds Lieder.</i> $10,000 to $15,000.
    <b>Swann Auction Galleries Mar 21:</b> Guestbook for Lüchow's restaurant, over 400 signatures, including W.H. Auden, Grace Kelly & drawings by Charles Addams, NYC, 1950-56. $8,000 to $12,000.
    <b>Swann Auction Galleries Mar 21:</b> George Washington, lottery ticket, signed, 1768. $5,000 to $7,500.
    <b>Swann Auction Galleries Mar 21:</b> Vaslav Nijinsky, postcard dated & signed, showing a drawing of him in <i>Schéhérazade,</i> 1916. $2,500 to $3,500.
  • <b>Bonhams, Mar 12:</b> Walt Whitman. <i>Leaves of Grass.</i> First edition, first issue, SIGNED in block letters by Whitman. 1855. $200,000 to $300,000
    <b>Bonhams, Mar 12:</b> Isaac Newton's copy of John Greave's <i>Pyramidographia,</i> London, 1646. $50,000 to $70,000
    <b>Bonhams, Mar 12:</b> Colonel John Mosby. Robert E. Lee's autograph letter to Samuel Cooper reporting on Mosby's exploits, with Cooper's autograph note ordering his appointment to Major.
    <b>Bonhams, Mar 12:</b> Gyula Halasz Brassai. Large archive of autograph and typed letters, over 260, to his family including his wife Gilberte, 1947-1978. $40,000 to $60,000
    <b>Bonhams, Mar 12:</b> Archive of drawings and letters from Harper Lee to Charles Carruth, including an inscribed first edition of <i>To Kill a Mockingbird.</i> $20,000 to $30,000
    <b>Bonhams, Mar 11:</b> VESALIUS, ANDREAS. 1514-1564. <i>De humani corporis fabrica libri septem.</i> Basel: Johannes Oporinus, June 1543. $300,000 to $500,000
    <b>Bonhams, Mar 11:</b> HARVEY, WILLIAM. 1578-1657. <i>De motu cordis & sanguinis in animalibus Anatomica Exercitatio.</i> Leiden: Joannis Maire, 1639. $25,000 to $35,000
    <b>Bonhams, Mar 11:</b> BERENGARIO DA CARPI, GIACOMO. 1460-1530. <i>Isagogae breves perlucide ac uberrimae in Anatomiam humani corporis.</i> Bologna: Benedictus Hectoris, 15 July 1523. $15,000 to $25,000
    <b>Bonhams NY, Mar 11:</b> FRANKLIN, BENJAMIN. 1706-1790. <i>Experiments and Observations on Electricity, made at Philadelphia in America…</i> London, 1769. $10,000 to $15,000
    <b>Bonhams NY, Mar 11:</b> BENIVIENI, ANTONIO. 1443-1502. <i>De abditis nonnullis ac mirandis morborum et sanationum causis.</i>Florence: Filippo Giunta, 1507. $8,000 to $12,000

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