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1 Baht / 1 Tical HSBC, with rim lettering
| Issuer | The Hongkong and Shanghai Banking Corporation |
|---|---|
| Year | 1890-1891 |
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| Printer | Barclay & Fry, London, United Kingdom (1855-1922) |
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| Obverse description | Red-orange intaglio-printed note with Chinese characters reading 香港上海滙豐銀行 along the top rim border and Thai script along the sides. The central text panel carries the full English legend of the Hongkong and Shanghai Banking Corporation promise to pay One Tical, with serial numbers at upper left and right, the Bangkok date and place of issue, and two manuscript signatures below the Board of Directors authorization line. Thai script legends appear at the lower border and along the vertical margins. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain red-orange guilloche underprint forming the background field, framed by a simple rectangular border with Thai numeral ๑ at each corner. The central area carries a block of Thai script text setting out the corporation's promise to pay One Baht in Siamese currency on demand, with the Bangkok place name at the lower left. |
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| Comments |
The Hongkong and Shanghai Banking Corporation was granted permission to issue notes in Siam as part of broader treaty arrangements that gave foreign banks operating rights in Bangkok during the late nineteenth century. This 1 Baht / 1 Tical piece is denominated in both currencies simultaneously — Baht and Tical being the same unit, but the dual labeling reflects the coexistence of romanized and traditional nomenclature in official commerce of that period.
Barclay & Fry of London, a firm better known for label and commercial printing, handled the physical production. The rim lettering that distinguishes P#S121 from related issues in the series was a security feature, pressed into the note's edge during finishing — unusual for paper currency of this type and period.