MAVIN AUCTION 37 - SESSION 1

Singapore $500 1977 bird A/4 888888 AU-UNC

9 Singapore $2 1990 ship orange replacement

Done

Singapore, Singapore

Auction Details

MAVIN AUCTION 37 - SESSION 1

Mavin International Pte Ltd

Mavin International is the Auctioneer appointed by the Monetary Authority of Singapore (MAS). Mavin Auction 37 consisting of Coins and Banknotes will be held over 2 Saturdays at the Concorde Hotel. The Buyer's Premium for lots sold on the internet is 20%. Enlarge images of lots and the entire catalog may be viewed on our website. Session 1 Start Times: Saturday 19 July - MAS and Singapore Banknotes at 9.30am (18 Jul 18:30 PST), lots 1 to 103, and 201 to 280. This will be followed by lots 281 to 502 at 2.00pm (18 Jul 23:00 PST). Session 2 Start Times: Saturday 26 July - World Banknotes and Coins at 9.30am (25 Jul 18.30 PST), lots 503 to 780, and 801 to 881. This will be followed by lots 882 to 1249 at 2.00pm (25 Jul 23:00 PST). Please note that Bidders will NOT be able to place any absentee bids from about half an hour before the start of that particular session (ie 9.00am Singapore Time or 18.00 PST). Interested bidders are advised to sign up and place absentee bids well in advance of the session start times. After the Session has started, bids can only be made by following the auction on LiveAuction.

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Singapore $100 1967 LKS 1st prefix AEF: Singapore $100, (1967), orchids, sign. Lim Kim San, serial no. A/1 739574, 1st prefix, AEF.

0412: Singapore $100 1967 LKS 1st prefix AEFEst. SGD 100-SGD 110

Sold

Singapore $100 1973 HSS w/seal 1st prefix EF: Singapore $100, (1973), orchids, sign. Hon Sui Sen with seal, serial no. A/3 130030, 1st prefix, EF.

0414: Singapore $100 1973 HSS w/seal 1st prefix EFEst. SGD 150-SGD 160

Sold

Singapore 2x$1 1976 bird EF-AU: Singapore $1, (1976), bird, serial no. A/24 467495, A/13 600010, 1st note stuck 4th digit of the top serial number, 2nd note stuck 5th digit of the top serial number, EF-AU. (2)

0415: Singapore 2x$1 1976 bird EF-AUEst. SGD 300-SGD 320

Sold

Singapore $1 1976 bird error: Singapore $1, (1976), bird, serial no. D/97 414560, error, last 2 digits of horizontal serial number print shift upwards, AU.

0416: Singapore $1 1976 bird errorEst. SGD 120-SGD 130

Sold

Singapore 2x$1 1976 bird consec 1st prefix: Singapore $1, (1976), bird, serial nos. A/1 043807 to 808, consecutive pair of 1st prefix notes, EF. (2)

0417: Singapore 2x$1 1976 bird consec 1st prefixEst. SGD 170-SGD 180

0418: Singapore 2x$1 1976 bird 18x$2 2000 HTTEst. SGD 150-SGD 160Lot Passed

Sold

Singapore 10x$1 1976 bird AU-UNC: Singapore $1, (1976), bird, serial nos. B/16 100000, F/62 200000, D/51 300000, B/48 400000, A/83 500000, E/27 600000, C/61 700000, D/25 800000, A/55 900000, C/76 1000000, ageing, AU-UNC. (10)

0419: Singapore 10x$1 1976 bird AU-UNCEst. SGD 2,000-SGD 2,100

Sold

Singapore $1 1976 bird error gutter fold AU: Singapore $1, (1976), bird, serial no. C/63 753746, error, gutter fold, ageing, AU.

0420: Singapore $1 1976 bird error gutter fold AUEst. SGD 160-SGD 170

Sold

Singapore $5 1976 bird 1st prefix PMG: Singapore $5, (1976), bird, serial no. A/1 670897, 1st prefix, PMG Choice UNC64EPQ.

0421: Singapore $5 1976 bird 1st prefix PMGEst. SGD 200-SGD 210

Singapore 1x$10 2x$50 1976 bird VF-AU: Singapore $10, (1976), bird, solid security thread, serial no. A/5 968592, uneven left and right margin; $50, (1976), bird, solid security thread, serial nos. A/2 366372, A/3 680055; VF-AU. (3)

0422: Singapore 1x$10 2x$50 1976 bird VF-AUEst. SGD 180-SGD 190Lot Passed

Singapore $10 1976 bird EF: Singapore $10, (1976), bird, segmented security thread, serial no. B/45 200000, EF.

0423: Singapore $10 1976 bird EFEst. SGD 250-SGD 260Lot Passed

Singapore 9x$10 1976 bird consecutive VF-AU: Singapore $10, (1976), bird, segmented security thread, serial nos. C/66 599990 to 998, 9 consecutive notes, ageing, VF-AU. (9)

0424: Singapore 9x$10 1976 bird consecutive VF-AUEst. SGD 320-SGD 340Lot Passed

Singapore 4x$10 1976 bird replacement PMG: Singapore $10, (1976), bird, segmented security thread, serial nos. Z/3 753826 to 829, 4 consecutive replacement notes, all graded PMG Gem UNC66EPQ. (4)

0425: Singapore 4x$10 1976 bird replacement PMGEst. SGD 800-SGD 850Lot Passed

Sold

Singapore $20 1979 bird VF: Singapore $20, (1979), bird, serial no. A/14 1000000, flattened, VF.

0426: Singapore $20 1979 bird VFEst. SGD 180-SGD 190

Sold

Singapore $20 1979 bird EF: Singapore $20, (1979), bird, serial no. A/63 800000, flattened, EF.

0427: Singapore $20 1979 bird EFEst. SGD 160-SGD 170

Sold

Singapore 10x$20 1979 bird consecutive AU: Singapore $20, (1979), bird, serial nos. A/69 620561 to 570, 10 consecutive notes, AU. (10)

0428: Singapore 10x$20 1979 bird consecutive AUEst. SGD 340-SGD 360

Sold

Singapore 10x$50 1976 bird consecutive PMG: Singapore $50, (1976), bird, solid security thread, serial nos. A/4 969421 to 430, 10 consecutive notes, all graded PMG Gem UNC65EPQ. (10)

0429: Singapore 10x$50 1976 bird consecutive PMGEst. SGD 3,000-SGD 3,200

Singapore 6x$50 1976 bird VF-AU: Singapore $50, (1976), bird, segmented security thread, serial nos. A/77 558509 to 513 (5 consecutive notes), Z/2 767268 (replacement note), VF-AU. (6)

0430: Singapore 6x$50 1976 bird VF-AUEst. SGD 500-SGD 520Lot Passed

Sold

Singapore 2x$500 1977 bird 1st prefix PMG: Singapore $500, (1977), bird, serial nos. A/1 787696 to 697, consecutive pair of 1st prefix notes, both graded PMG Choice UNC64. (2)

0431: Singapore 2x$500 1977 bird 1st prefix PMGEst. SGD 1,500-SGD 1,600

Sold

Singapore 3x$1 1987 ship GKS AU-UNC: Singapore $1, (1987), ship, sign. Goh Keng Swee, prefixes D/5, B/16, C/94, all same serial no. 000068, ageing, AU-UNC. (3)

0432: Singapore 3x$1 1987 ship GKS AU-UNCEst. SGD 180-SGD 190

Sold

Singapore $1 1987 ship GKS PMG Gem UNC66EPQ: Singapore $1, (1987), ship, sign. Goh Keng Swee, serial no. D/12 787878, PMG Gem UNC66EPQ.

0433: Singapore $1 1987 ship GKS PMG Gem UNC66EPQEst. SGD 90-SGD 95

Singapore 10x$1 1987 ship GKS consecutive: Singapore $1, (1987), ship, sign. Goh Keng Swee, serial nos. B/2 110001 to 010, 10 consecutive notes, ageing, GVF-AU. (10)

0434: Singapore 10x$1 1987 ship GKS consecutiveEst. SGD 30-SGD 35Lot Passed

Sold

Singapore 10x$1 1987 ship GKS consecutive: Singapore $1, (1987), ship, sign. Goh Keng Swee, serial nos. B/45 000001 to 010, 10 consecutive notes, AU-UNC. (10)

0435: Singapore 10x$1 1987 ship GKS consecutiveEst. SGD 320-SGD 340

Sold

Singapore 100x$1 1987 ship GKS consecutive: Singapore $1, (1987), ship, sign. Goh Keng Swee, serial nos. C/87 971401 to 500, 100 consecutive notes, some with ageing, generally AU-UNC. (100)

0436: Singapore 100x$1 1987 ship GKS consecutiveEst. SGD 120-SGD 130

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Auction Details

Mavin International Pte Ltd

Singapore , Singapore

4.5

62 Reviews

1,099 Followers

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Preview

Public preview: 16 to 18 July 2014, 23 to 25 July 2014, from 10.30am to 6.00pm. Private preview by appointment only, from Monday, 30 June 2014, Mondays to Fridays. Viewing of all lots at MAVIN'S OFFICE. Enlarge images may be viewed at our website:

Singapore, 228773

Singapore

Buyer's Premium

Terms & Conditions

The conditions of Sale set out below are the terms on which Mavin International Pte Ltd, as auctioneers, enter into agreements with Buyers. Any variation of these Conditions shall be binding on Mavin only if it is made in writing and signed by a duly authorized officer of Mavin. 1. Definitions In these Conditions: "Buyer" means the person with the highest bid accepted by the auctioneer; "Buyer's Premium" means the charge payable by the Buyer as a percentage of the Hammer Price, at the rates set out in Clause 5(b); "Forgery", means an item that is (a) made or substantially made with an intention to deceive as to authorship, origin, date, age, period, culture or source, (b) not shown to be such or possibly such in the description applied to it at the time of sale or in the catalog, and (c) at that time it had a value materially less than it would have had if it had been in accordance with the correct description; accordingly, no item is capable of being Forgery solely by reason of any damage and/or restoration work of any kind including repainting, re-enamelling or re-plating; "Hammer Price" means the amount of the highest bid accepted by the auctioneer in relation to a Lot; "Lot" means any item consigned to Mavin for sale by auction and includes the item described against any Lot number in a catalog; "Mavin" means Mavin International Pte Ltd. "Purchase Price" means the Hammer Price plus the Buyer's Premium and GST; "Reserve Price" means the amount below which Mavin has agreed with the Seller that the Lot cannot be sold; "Seller" means any person who consigns any item to Mavin for sale by auction. 2. Mavin as Agent All sales are made by Mavin as agents on behalf of the Seller. The contract is between the Buyer and the Seller. Notwithstanding this, Mavin is not obliged to disclose to the Buyer the identity of the Seller. 3. The Buyer (a) The highest bidder for each Lot shall be the Buyer thereof. In the event of a dispute the auctioneer shall have absolute discretion to determine the dispute, including but not limited to re-offering the disputed Lot for sale. (b) All Buyers must register with Mavin before bidding. Only registered bidders will be allowed to bid for any Lot. References, if required by Mavin, must be provided before the Auction. (c) The Buyer of any Lot shall, if requested, immediately furnish to Mavin: (i) bank or other credit facilities; and/or (ii) pay the full Purchase Price, or a fractional deposit, as may be determined by Mavin. (d) When making any bid, the Buyer acknowledges that he is doing so as principal. Buyers accepting commissions from other parties do so at their own risk and will remain liable to Mavin for full settlement according to these Conditions. 4. The Auctioneer (a) The auctioneer will have absolute discretion to divide any Lot, to combine any two or more Lots, or to withdraw any Lot from the auction without giving any reason. (b) the bidding shall be regulated at the absolute discretion of the auctioneer. The auctioneer has the right to refuse any bid. (c) The auctioneer acts solely as an agent and shall not be responsible for any default by either the Buyer or the Seller or for any action or claim which may arise in respect of any Lot. 5. The Lot (a) All Lots are offered for sale subject to any Reserve Price that may be put by the Seller. (b) All Lots sold through floor bidding or written commission bids are subject to a Buyer's Premium of 18%. All Lots sold online through liveauctioneers.com are subject to a Buyer's Premium of 20%. (c) Lots are sold as shown with all faults, imperfections and errors of descriptions and lack of authenticity. Neither Mavin nor the Seller shall give any warranty to any Buyer in respect of any Lot or be liable for any fault or error of description or lack of genuineness or authenticity of any Lot. (d) All statements as to Lots sold, whether made in catalogs, during the course of the auction or otherwise, are statements of opinion only and are not and shall not be taken to be statements or representations of fact or warranties of any kind. (e) Mavin reserves the right in forming their opinion to consult and rely upon any expert or authority considered by them to be reliable. (f) Notwithstanding the foregoing, except as provided in sub-clause (1) below, if any Lot should be proved by the Buyer to be a Forgery, or to have been wrongly described in any material respect, Mavin will rescind the sale and refund the Purchase Price at the request of the Buyer provided that he shall have given notice of his intention to do so within 7 days and shall have returned the same to Mavin within 14 days from, and in its original, sealed and unopened container as at, the date of the auction. Proof of the inability of any expert to form a definite opinion shall not discharge the Buyer's onus of proving that a Lot is a Forgery. Notwithstanding the above, no Lot may be returned for reason that it is a Forgery if it is expressly stated in the Lot description that it is or may be a replica, copy, counterfeit or forgery or that Mavin is not able to determine or warrant authenticity of the Lot. Lots sold 'as is' may not be returned for any reason including reasons of authenticity or lack thereof. (g) The benefit of the foregoing is not capable of being transferred, and is solely for the benefit of the original Buyer to whom the original invoice was made out by Mavin in respect of the Lot and who, since the sale, has remained owner of the Lot without disposing of any interest to any third party. (h) Regardless of whether the Lot has been wrongly described in any material respect, no Lot may be returned under sub-clause(f) by Buyers who have examined the Lot before the auction or by floor bidders unless the same has been proven to be a Forgery. (i) The Buyer's sole remedy is rescission of the sale and refund of the Purchase Price. Under no circumstance will Mavin or the Seller be liable for any costs, expenses or damages incurred by the Buyer in respect of any Lot, including, but not limited to, loss of any kind of profit whatsoever. (j) No Lot may be returned after 14 days of the auction. (k) In the case of overseas absentee bidders, the time limits for giving notice to Mavin and returning the Lot is extended by a further 7 days. (l) Notwithstanding the foregoing, all Lots that include one or more items certified by a third party certification service are sold as is, and may not be returned for any reason whatsoever, including reason of authenticity or lack thereof. The Buyer's remedy lies solely with the certification service. 6. The Bid (a) By making a bid the Buyer acknowledges his acceptance of these Conditions and he shall by bound by them. (b) Purely as a convenience to clients, bidding commissions for anyone unable to attend the auction in person may be carried out by the auctioneer without charge. "Buy" commissions will not be accepted. (c) Bids must be in writing and signed. (d) Mavin shall not be liable for errors or omissions in executing any bidding commissions. (e) Where two absentee bidders bid identical sums for the same Lot, the first bid received shall take precedence. (f) The auctioneer may give priority to an absentee bid over a floor or internet bid. In order to give priority to an absentee bid, Mavin may also at its absolute discretion increase an absentee bid by two or more increments instead of the usual one increment. (g) Requests for telephone bidding may be accepted or declined at Mavin's absolute discretion. Mavin may at its discretion require a person who requests telephone bidding to make a firm bid that is at least equal to the high estimate on the Lots that he requests for telephone bidding. 7. After the Auction (a) Each Lot shall be at the Buyer's risk from the fall of the hammer. However, title does not pass to the Buyer until payment of the Purchase Price in cleared funds is received in full by Mavin. (b) Buyers must satisfy themselves as to the accuracy of their purchases at the time of the delivery. Mavin cannot be held responsible for any discrepancy which might be discovered after the Lots has been removed. (c) Mavin will not be responsible for the safe custody of any Lot left for more that 7 days after the date of the auction. Mavin reserves the right to charge storage and to resell by auction or privately, without notice to the Buyer, any Lot not so removed from their premises within fourteen (14) days from the date of the auction. (d) No Lot may be returned without the consent of Mavin. (e) Lots purchased by absentee bidders will be forwarded at the risk of the Buyer who shall bear all costs incurred. Unless otherwise instructed by the Buyer, Mavin shall have full discretion in choosing the shipment method. It shall be the responsibility of the Buyer to provide Mavin with all relevant customs information. 8. Good and Services Tax (a) GST at the prevailing rate is payable by the Buyer on the Buyer's Premium. (b) Lots marked with † in the catalog are liable to GST on the Hammer Price. GST will therefore be added to the Hammer Price. The Buyer's Premium will be on the Hammer Price but not the GST. (c) Lots marked with ‡ in the catalog are inclusive of GST in the Hammer Price. The Buyer's Premium will be based on the Hammer Price inclusive of the GST. (d) At the time of the printing of the catalog, the prevailing GST rate is 7%. 9. Payment Terms (a) No Lot may be collected or delivered until Mavin has received the Purchase Price in full. (b) Any part of the Purchase Price left outstanding after the auction shall be paid in full, and in cleared funds, within 7 days of the date of the auction. (c) At least thirty (30) days must be allowed for the clearance of personal checks before delivery can be made, unless prior arrangements have been made with Mavin. (d) Late payment for any reason is just cause for revocation of all return privileges. (e) Without prejudice to any other rights, Mavin reserves the right to charge interest on any overdue payment at the rate of 1.5% per month. (f) Payment by credit card shall not be accepted. (g) Acceptance of payment by online methods shall be at the discretion of Mavin and Mavin may impose a surcharge on such payments to cover fully administrative costs and any other service fees charged by the online payment service provider. (h) All bank charges in wire transfers shall be borne by the Buyer. 10. Remedies against the Buyer (a) If any Buyer fails to comply with any of these Conditions, the Lot in respect of which the failure is made may, at the discretion of Mavin, be put up again and resold. (b) The damages recoverable from the defaulting Buyer shall include, but not limited to, Mavin's expenses and commission in respect of the resale and the amount (if any) by which the price obtained on the resale is exceeded by that obtained on the first sale. 11. Copyright The copyright in all images, illustrations and written material relating to any Lot is and remains at all times the property of Mavin and shall not be used by the Buyer nor anyone else without Mavin's prior written consent. 12. Law and Jurisdiction These Conditions of Business shall be governed by and construed in accordance with Singapore law and the Buyer irrevocably agrees to submit at Mavin's option to the jurisdiction of the Singapore Courts. This shall not limit Mavin's right to take proceedings in any other jurisdiction.

Taxes

Local taxes apply to lots delivered in Singapore.

Payment

Singapore checks, bank drafts on a Singapore bank, wire transfers. Online payments are subject to a limit of US1,000 and admin fee of 4%. Credit cards are not accepted.

Note to Online Bidders

You should not rely on the Time Remaining stated. It is wrong Instead, you should pay attention to when the Session is scheduled to start. Bidders must be manually pre-approved for each Auction Session. Requests for approval to bid must be submitted early before the start of the Session. It is unlikely that we can entertain requests after the Session has started. The auction proceeds at a rate of 120 - 150 lots per hour. The internet often cannot keep up with the pace of bidding and you may find yourself shut out from bidding. If you are bidding through the internet we recommend that you place a realistic absentee bid before the start of the auction in order to avoid disappointment. We cannot be responsible if for any reason your absentee bid is not conveyed to us. It is in the nature of internet bidding that this occasionally happens. To avoid delay book bids and floor bids will be taken first, and internet bids will only be taken when competitive bidding at the floor stops. Book bids and floor bids may take priority over tied internet bids even if the internet bids were submitted earlier. Your bid is binding on you. Appropriate action will be taken against non-paying bidders. Payment is expected within 10 days after that and interest may be charged for late payments per the auction terms. It is our policy that unsold lots will only be available for direct sale, if at all, usually at the low end of the Estimate.

Registration

Approval is at the discretion of the Auction House.

Images

Enlarged images and the entire catalog may be viewed at our website.

Contract

bYour bid is a contract.bbr Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. You should contact the seller to resolve any questions before bidding.

Buyer's Premium

20%

Regarding MAS Lots

Mavin International is the Auctioneer appointed by the Monetary Authority of Singapore (MAS). Whilst all Lots sold for MAS consists of new banknotes from the vaults of MAS, it is possible that some notes may have light banding marks or experienced minor mishandling and this shall not be a reason for return. It may however be returned for serious defects, which mean less than AU condition, unless such defect has been expressly described. All Lots sold on behalf of MAS is subject to 7% Goods and Services Tax on both the Hammer Price and the Buyers Premium if the Lot is delivered in Singapore. No GST is payable if the Lot is exported outside Singapore.