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1 Pound Asiatic Banking Corporation

Issuer Asiatic Banking Corporation
Year 1865-1866
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Shape Rectangular
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Obverse description Brown underprint with black letterpress text on cream paper. The corporation's royal charter seal is at upper centre, flanked by two oval ONE POUND denomination panels; elaborate guilloche borders frame all four sides with Sinhala and Tamil legends. The promise-to-pay text, place, date, and signatures appear in the lower portion.
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Reverse description Plain cream paper reverse bearing extensive contemporary manuscript endorsements in ink, with a partial Asiatic Banking Corporation stamp impression visible. No printed design elements are present.
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The Asiatic Banking Corporation was one of several British overseas banks chartered in the mid-1860s speculative boom — a period when London financiers flooded Asia with undercapitalized joint-stock institutions. This one collapsed in 1866, the same year as the Overend, Gurney & Co. failure that triggered a wider banking panic. The window between establishment and failure was narrow enough that few notes ever reached extended circulation.

Smith, Elder & Co. are better known as publishers — Thackeray, Charlotte Brontë — than as security printers, which makes their involvement here an oddity worth noting.