A £1 note issued by prominent Gisborne trader Captain George Read sold at auction for $4100.
Two historic Gisborne items have sold for more than their estimated value at auction.
A rare 1860s £1 note from prominent Gisborne trader Captain George Read sold for $4100.
It had an estimated value of $3000.
Three World War I medals awarded to Tolaga Bay soldier William Kemp Rennie who served in Egypt, Gallipoli, and on the Western Front, sold for $475.
The medals had an estimated value of $300.
Over 92% of the lots sold and the auction realised $552,000.
Highlights included the sale of a very rare proof set of Irish coins from 1928 to 1931 which sold for $25,000 (including buyer’s premium), 75% above the original estimate.
A $50 banknote of the Bank of Australasia Wellington Branch of 1913 sold for $13,100.
The bank was a predecessor of the ANZ Bank.
The auction was held at Mowbray Collectables in Ōtaki which deals with stamps, rare coins and related items.
The death of the 26-year-old has been referred to the coroner.