RealBanknotes Paper Money Collecting

Tag: rare banknote

Ethiopia p10: 100 Thalers from 1932

by on Aug.04, 2011, under Recent Acquisitions

Prior to the 1945 Dollar Issue of Ethiopian banknotes the currency was entitled the Thaler, no doubt an Africanized version of the word dollar. The denominations ranged from 2 Thalers to 500 Thalers, with 100 Thalers being the second highest denomination. Quite to my surprise my bid was a winner on eBay, and I ended up landing the famous ‘Elephant note’ from Ethiopia. I have yet to see a 500 Thaler banknote up for auction on eBay, so I am very happy to have this second highest denomination as part of my collection. Definitely a huge investment potential in this one. As a matter of fact, the seller contacted me after the fact, and told me, in a sportsmanlike manner, that he was quite disappointed with the closing bid because he had just see a similar banknote sell for nearly eight times what I had paid for it at a banknote auction.

Ethiopia p10: 100 Thalers from 1932

Ethiopia p10: 100 Thalers from 1932

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