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100 Dollars

Issuer Chartered Mercantile Bank of India, London and China
Year 1860-1889
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Value 100 Dollars
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Obverse lettering 100
INCORPORATED BY ROYAL CHARTER
DIEU ET MON DROIT
Penang
大銀壹百員
THE CHARTERED MERCANTILE BANK of INDIA, LONDON & CHINA
Promises to pay the Bearer on Demand
at its Branch in PENANG in Local Currency,
the sum of ONE HUNDRED DOLLARS Value received.
By order of the Court of Directors
Entd.
Acct.
MANAGER
SPECIMEN
Reverse description Reverse printed on plain white paper, entirely unprinted on its own face but showing a strong blind offset impression of the obverse design through the paper, including the mirrored text of the promise-to-pay panel, the denomination cartouches, and the ornamental border, consistent with the intaglio letterpress production method of Perkins, Bacon & Co.
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The Chartered Mercantile Bank of India, London and China was incorporated by Royal Charter in 1857, one of several British overseas banks positioned to service trade flows across the eastern route — Bombay, Calcutta, Shanghai, Hong Kong. The dollar-denominated notes were issued for Hong Kong circulation, where the bank maintained a branch competing directly against the Oriental Bank Corporation and, later, the Hongkong and Shanghai Banking Corporation.

Perkins, Bacon produced the plates using their steel-engraving intaglio process, the same technology they applied to postage stamps — including the Penny Black. Notes of this type in any surviving condition are genuinely rare; the bank went into voluntary liquidation in 1893, and remaining stock was almost certainly destroyed.