Catalog
10 Dollars
| Issuer | Asiatic Banking Corporation |
|---|---|
| Year | |
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| Value | 10 Dollars |
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| Obverse description | The face of the note is printed in green and brown tones on white paper, with the issuer's title 'ASIATIC BANKING CORPORATION' set in bold letterpress across the upper portion, flanked by Chinese characters reading 亞西亞國銀行 along the top and bottom margins and 大銀拾員 vertically on both lateral borders. Two oval guilloche vignettes bearing the denomination 'TEN DOLLARS' appear at upper left and right, with the corporation's central seal between them; below, a formal bearer promise text in cursive script reads 'THE ASIATIC BANKING CORPORATION promise to pay the Bearer on Demand at their Branch in HONG KONG, in Local Currency, the Sum of TEN DOLLARS value received.' The place and date line 'HONG KONG, 18__' and the authorisation 'By order of the Court of Directors.' appear at lower centre, with signature spaces for the Enterer and Manager. |
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| Obverse lettering | 亞西亞國銀行 ASIATIC BANKING CORPORATION TEN DOLLARS TEN DOLLARS TEN DOLLARS No THE ASIATIC BANKING CORPORATION promise to pay the Bearer on Demand at their Branch in HONG KONG, in Local Currency, the Sum of TEN DOLLARS value received. HONG KONG, 18 By order of the Court of Directors. 大銀拾員 Entr. Manager 亞西亞國銀行 |
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| Comments |
The Asiatic Banking Corporation was a short-lived British overseas bank, established in 1863 and collapsed by 1866 — one of several casualties of the Overend, Gurney & Co. banking panic that swept London that year. Notes issued under this name had an extremely brief window of legitimate circulation, and many would have been rendered worthless almost immediately after issue.
Waterlow & Sons produced the plates, as they did for numerous colonial and Eastern exchange banks of the period. Survivors are rare simply because the bank failed before significant quantities could enter sustained use.