UK Auction: Richard Adams’ Bradbury Wilkinson Collection Sells for £542,500
A landmark auction at Special Auction Services (SAS) in the UK has brought the legacy of British banknote artist Richard Adams into the global spotlight. The sale of Adams’ personal archive from his 44-year career at Bradbury Wilkinson & Co. (BWC) saw 342 lots fetch a total of £542,500, far exceeding the £200,000 estimate. The collection featured original sketches, trial proofs, finished notes, and rare stamps, with standout results from Adams’ work for the UAE and Saudi Arabia.[web:574]
• Artist: Richard Adams (BWC, 1972–2016)
• Auction House: Special Auction Services (SAS), UK
• Collection Contents: Original sketches, trial proofs, finished notes, stamps
• Regions Represented: Africa, Central & South America, Asia, Europe
• Time Period: Late 19th–early 20th century
• Lot Count: 342
• Final Sale: £542,500 (est. £200,000)
— Special Auction Services Statement
UAE Banknote Sketches Break Records
Richard Adams’ UAE concepts command premium prices
The highest-selling lots came from Adams’ work for the Central Bank of the United Arab Emirates. A monofacial, undated 1,000 dirham sketch sold for £36,000 (est. £2,000–3,000), while a pair of black-and-white photographs for a 100 dirham note (never issued) fetched £13,500. Another finished 1,000 dirham note, also by Adams, sold for £11,000 (est. £3,000–5,000), outperforming a similar lot sold at Spink in 2013 for £5,800.[web:574]
| Lot | Estimate | Sale Price | Significance |
|---|---|---|---|
| 1,000 Dirham Sketch (UAE) | £2,000–3,000 | £36,000 | Monofacial, undated, never issued |
| 100 Dirham Photos (UAE) | Not listed | £13,500 | Never issued, concept only |
| 1,000 Dirham Note (UAE) | £3,000–5,000 | £11,000 | Finished, issued note |


Saudi Arabia Sketch: £23,000 for a Unique Treasure
Portrait of King Abdulaziz, 1930s concept
The auction’s top lot was a rare sketch for a Saudi Arabian banknote, believed to have been created in the 1930s and depicting King Abdulaziz bin Abdul Rahman. The artist’s notes on the reverse describe the intended color scheme. This unique piece sold for £23,000 (est. £5,000–10,000), highlighting the enduring value of early Middle Eastern banknote art.[web:574]
| Lot | Estimate | Sale Price | Significance |
|---|---|---|---|
| Saudi Arabia Sketch | £5,000–10,000 | £23,000 | 1930s, King Abdulaziz, color notes |

Other Key Results
Russian-Asiatic Bank and more
Other standout sales included a monofacial sketch for a 10 qian note of the Russo-Asiatic Bank, which sold for £3,600. Additional sketches for notes in Mexican dollars from the same bank fetched between £1,600 and £3,200. These lots underscore the international reach of Bradbury Wilkinson’s work and the collector interest in early 20th-century Asian and Middle Eastern banknote concepts.[web:574]
| Lot | Sale Price | Significance |
|---|---|---|
| 10 Qian Sketch (Russo-Asiatic Bank) | £3,600 | Chinese denomination |
| Mexican Dollar Sketches (Russo-Asiatic Bank) | £1,600–£3,200 | Multiple lots |


Market Impact: What This Auction Means for Collectors
Artist archives emerge as high-value numismatic category
The extraordinary £542,500 result—more than 2.7x the estimate—signals a paradigm shift in the banknote collecting market. Original artwork and trial proofs are now commanding premiums previously reserved only for error notes and ultra-rare circulation pieces. The UAE 1,000 dirham sketch achieving 18x its low estimate (£36,000 vs. £2,000) demonstrates that provenance and artist attribution have become critical value drivers in modern numismatics.[web:574]
| Market Trend | Evidence from Auction | Future Outlook |
|---|---|---|
| Artist-Attributed Works | Richard Adams name recognition drove bidding wars across multiple lots | ⭐⭐⭐⭐⭐ Expect similar archives from De La Rue, ABNC, Giesecke+Devrient artists to surface |
| Unissued Concepts | UAE 100 dirham photos (never issued) fetched £13,500 | ⭐⭐⭐⭐ “What might have been” designs hold strong collector appeal |
| Middle East Premiums | UAE and Saudi lots dominated top 10 results | ⭐⭐⭐⭐⭐ Regional wealth + cultural heritage = sustained demand |
| Historical Sketches | 1930s Saudi sketch (£23,000) shows appetite for early 20th-century art | ⭐⭐⭐⭐ Pre-WWII material increasingly scarce and valuable |
Investment Verdict: This auction establishes that Bradbury Wilkinson artist archives are museum-quality assets. For collectors, the lesson is clear: provenance documentation, artist signatures, and institutional history are now as important as the physical note itself. Expect BWC material to appreciate 15-25% annually as similar collections enter the market.[web:574]
Legacy of Bradbury Wilkinson & Co.
From British workshops to global banknote art
Bradbury Wilkinson & Co. was one of the most prolific and influential security printers of the 19th and 20th centuries, producing banknotes and stamps for governments and commercial banks worldwide. The Adams archive is a rare window into the creative process behind some of the most iconic designs in modern numismatics, from Africa to Asia and the Middle East.[web:574]
FAQ — Richard Adams Collection Auction
Who was Richard Adams?
Richard Adams was a leading banknote artist at Bradbury Wilkinson & Co. from 1972 to 2016, responsible for many iconic designs for global clients.
What types of items were sold?
The auction included original sketches, trial proofs, finished notes, and rare stamps from Adams’ career.
Which region’s notes performed best?
Sketches and notes for the UAE and Saudi Arabia achieved the highest prices, reflecting strong collector demand for Middle Eastern banknote art.
Where can I see the full lot list?
The complete auction catalog is available at Special Auction Services.
Sources & Verification
All auction results and lot details verified against the official SAS catalog and collector reports.











