a day ago
- Business
- Irish Independent
In the salerooms: Collectors cash in with rare banknotes, work by key Irish artists and a 5kg silver bar
When is a £50 worth more than £100? When it's a Lady Lavery banknote. An Irish £50 bearing the portrait of Lady Lavery sold for £14,000/€16,360 at Noonans Mayfair on June 25.
'This Irish Free State £50 note is considerably rarer than the £100,' Andrew Pattison of Noonans commented.
In the same sale, a proof £100 note from the Central Bank of Ireland (1979-80), showing an imagined portrait of Grace O'Malley complete with pirate ships, sold for £3,000/€3,500.
The proof was never put into production. 'No final proofs or specimens showing the obverse have ever come to auction before,' Pattison explained.
Adams Blackrock
With an exhibition of their work still on show at the National Gallery of Ireland, paintings by Mainie Jellet and Evie Hone continue to sell well at auction.
On June 18, Cubist Composition by Mainie Jellett sold for €8,571 at Adam's Blackrock, while The Artist's Garden by Evie Hone fetched €2,857.
Flowers by a Window, also by Hone, sold for €833.
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Matthews
A two-day sale of Jewellery & Silver at Matthews Auction Rooms in Kells, Co Meath, includes one 5kg silver bar (est €4,000 to €7,000) and 22 tubes of Canadian Maple Leaf pure silver coins (each est €700 to €1,200).
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With wars and unrest increasingly threatening the world economy, many investors are turning to gold and indeed silver to hedge against all eventualities. 'This is a good opportunity for anyone who wishes to invest in the continuing upward values of this precious metal,' Damien Matthews says.
The sale takes place on Sunday, July 6, from 5.30pm and Monday, July 7, at 12pm.
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