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1 Dollar British North Borneo
| Issuer | British North Borneo Chartered Company |
|---|---|
| Year | 1936 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#28 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | The British North Borneo Company Promise to pay the Bearer the sum of ONE DOLLAR on demand |
| Reverse description | Uniface dark grey print on plain paper ground, with a large central elliptical guilloche medallion containing the numeral '1', flanked left and right by two smaller circular lathe-work rosettes each bearing the word 'ONE', the whole composition enclosed within an ornate engine-turned border. A small printer's imprint appears at the lower centre margin. |
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| Comments |
The British North Borneo Chartered Company was one of the last chartered companies in history to exercise sovereign administrative functions, running what is now Sabah until the Japanese invasion of 1941. Its banknote series was a purely commercial operation — the Company issued its own currency because it ran its own government, courts, and customs service, not because any colonial treasury authorized it to do so.
Waterlow & Sons had a long relationship with the Company's note issues, and this 1936 printing predates the wartime disruption by just five years. Japanese occupation effectively ended the Company's authority permanently; it never resumed governance after 1945, surrendering its charter to the Crown in 1946.