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100 Dollars

Issuer Hong Kong & Shanghai Banking Corporation
Year 1900
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Value 100 Dollars
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Obverse description Printed in red and green, the note bears the full issuer title in a bold arc across the upper portion, with Chinese characters running vertically along both lateral margins. The central vignette presents the corporation's heraldic shield within an ornate guilloche underprint in pale green. The promise-to-pay legend and denomination ONE HUNDRED DOLLARS are set in letterpress across the lower centre, with the place of issue HONG KONG appearing at the foot.
Obverse lettering THE HONG KONG & SHANGHAI BANKING CORPORATION
香港上海滙豐銀行
ONE HUNDRED 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
HONG KONG
壹百圓
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Comments

At the turn of the century, the Hongkong and Shanghai Banking Corporation was issuing its own currency across multiple territories simultaneously — a private bank functioning with the authority of a central one. The 1900 series was printed by Waterlow & Sons in London and shipped out to branches, a logistical reality that meant notes could sit in transit or in vault reserves for months before ever seeing a teller's window.

P#153 is rare. The hundred-dollar denomination had limited everyday utility in 1900 Hong Kong, where most commercial transactions operated far below that threshold. High-value notes of this period were predominantly used for interbank settlement and merchant trade, meaning surviving examples often show surprisingly light wear — or none at all, having never left institutional hands.

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