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What Is Special About These Two Uae 10 Dirham Banknotes ?

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JBL's Avatar
United Kingdom
287 Posts
 Posted 09/05/2024  06:11 am Show Profile   Bookmark this topic Add JBL to your friends list Get a Link to this Message Number of Subscribers
I am puzzled ! I recently sold these two banknotes for much more than I expected. Another 10 dirham made what I expected. All three looked similar apart from the arabic numerals/note number. Could anyone please tell me what was different about one of the pair or both of them to make them so much in demand ? I have tried to find the answer on google but to no avail. Both were well used. Many thanks.
Brian.
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jbuck's Avatar
United States
187507 Posts
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JBL's Avatar
United Kingdom
287 Posts
 Posted 09/06/2024  03:13 am  Show Profile   Bookmark this reply Add JBL to your friends list Get a Link to this Reply
Yes, I am putting it down to a lucky day. When researching the notes prior to listing I didn't find anything unusual so the final price was a real surprise and I wondered what I had missed. However I think it was probably just a case of a personal desire from 2/3 bidders, for whatever reason, and a good day for me !
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jbuck's Avatar
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 Posted 09/06/2024  08:27 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The only thing I could imagine is the serial number is fancy or magical by some cultural standard. If it works for other banknotes, right?

No matter the why, it was a win for you!
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walk2dwater's Avatar
Canada
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 Posted 09/06/2024  09:07 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
I have tried to find the answer on google but to no avail. Both were well used.

Google can't answer questions like that. (I'm not sure we can help either).

To take a stab at the mystery, I would suspect it has something to do with these examples being from the first series of UAE notes (& a good time to list- as you suggested). Any denomination above 1 are usually much harder to source in higher grades so the prices go up dramatically. Looking on ebay I saw a PMG UNC65 UAE P-3 example list for $700USD (& I can't find it now- so perhaps it sold?)

There are several copies/reproductions listed (unfortunately- but a good sign that the note is in demand). Many collectors have no idea how to grade & just want one VG-F example. It may be that some media coverage was released re: the UAE first series (or the Umm al Qaiwan capital city on the reverse) or some fact we're missing. As you suggested, you probably got lucky that your listing had more than 1 bidder & they likely got into a bidding contest.

Anyway, good to hear you did well (at the end of the day).
Edited by walk2dwater
09/06/2024 09:15 am
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