Notes from Caledonia

Despite the high price of gold at the moment, in McTear’s Coins & Banknotes Auction on 3 July it was a banknote that stole the show. Lot 506 was The Caledonian Banking Company Ltd £1 note dated 1876. Based on precedent and taking its worn condition into account, a modest estimate of £100-200 was given.
The note soared past this however and achieved £2200 including fees and went to a private Edinburgh-based buyer. Coming a close second and third were two gold coins, lot 605 was a Krugerrand that made £1200 including fees. Lot 613, a gold £5 coin, sold to another private Edinburgh based collector and also made £1200 including fees.
If you have coins or banknotes to sell then please email
McTear’s sells more coins and banknotes than any other Scottish auction house in the dedicated auctions that take place twice monthly, run concurrently live online on a platform that attracts six million visitors annually from over 120 countries worldwide.

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