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100 Dollars
| Issuer | Mercantile Bank Limited |
|---|---|
| Year | 1958-1960 |
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| Composition | Log in to see details |
| Size | 195 x 120 mm |
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|---|---|
| Obverse lettering | MERCANTILE BANK LIMITED ONE HUNDRED DOLLARS OR THE EQUIVALENT IN THE CURRENCY OF THE ISLAND, VALUE RECEIVED Promises to pay the Bearer on Demand at its office here By Order of the Board of Directors HONG KONG 香港有利銀行 100 DOLLARS |
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| Protection type | Watermark |
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| Comments |
Mercantile Bank Limited was a British overseas bank with roots in the old Chartered Mercantile Bank of India, London and China — by the late 1950s it operated primarily across Hong Kong and Southeast Asia, issuing notes under colonial banking arrangements that were already running out of time. This $100 note falls within the final years of that issuing authority; the bank was acquired by the Hongkong and Shanghai Banking Corporation in 1959, and note-issuing privileges for institutions of this type were progressively curtailed through the early 1960s.
Waterlow & Sons had a long track record with colonial and overseas bank commissions before their merger into De La Rue in 1961, making this among the last notes they produced before that absorption.