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10 Dollars

Issuer Hong Kong & Shanghai Banking Corporation
Year 1900-1902
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Shape Rectangular
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Obverse description Printed in blue and pink tones, the note is framed by an elaborate guilloche border with the bank's full title THE HONG KONG & SHANGHAI BANKING CORPORATION arched across the top, flanked by Chinese characters 香港上海滙豐銀行 and denomination panels reading 拾圓. The central vignette carries the Corporation's heraldic arms with a sailing ship, above which the issue date and serial number appear on either side, with the denomination TEN DOLLARS rendered in large intaglio letterpress across the centre. Below, a promise-to-pay clause is printed in letterpress, with spaces for the manuscript signatures of the Chief Accountant and Chief Manager.
Obverse lettering THE HONG KONG & SHANGHAI BANKING CORPORATION
香港上海滙豐銀行
HONG KONG
TEN DOLLARS
PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE
OR THE EQUIVALENT IN THE CURRENCY OF THE ISLAND VALUE RECEIVED
BY ORDER OF THE BOARD OF DIRECTORS
CHIEF ACCT.
CHIEF MANAGER
拾圓
10
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Comments

The Hongkong and Shanghai Banking Corporation's turn-of-the-century dollar notes occupy a particularly turbulent moment in Hong Kong's monetary history. Competing note-issuing banks, fluctuating silver exchange rates, and the unresolved question of a colonial currency board meant private bank paper did the heavy lifting that a central authority would normally handle.

P#151 predates HSBC's shift to the more standardized Waterlow & Sons printings that dominate the later colonial series. Surviving examples from this window are scarce — the 1900–1902 date range is narrow, and attrition from actual use in a busy commercial port was high.

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