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100 Dollars

Uitgever Chartered Mercantile Bank of India, London and China
Jaar 1861
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Vorm Rectangular
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Opschrift voorzijde 100
DOLLARS
SINGAPORE 18__
No
THE CHARTERED
MERCANTILE BANK OF INDIA, LONDON & CHINA
Promises to pay the Bearer on Demand,
at its Branch in SINGAPORE, in Local Currency,
ONE HUNDRED DOLLARS, Value received.
BY ORDER OF THE COURT OF DIRECTORS.
Beschrijving keerzijde Reverse is unprinted, presenting a plain cream paper surface with no design, text, or ornamental elements.
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Opmerkingen

The Chartered Mercantile Bank of India, London and China received its royal charter in 1853 and was one of the so-called "exchange banks" operating out of the treaty ports — institutions whose real business was financing the Indo-Chinese trade in opium, cotton, and silk rather than serving any domestic retail market. A Hong Kong dollar note from 1861 would have circulated in an environment where Spanish-Mexican dollars and a patchwork of colonial scrip competed for daily use.

At the $100 denomination, this was a merchant instrument, not street currency. Few were printed, fewer still survived the bank's absorption into the Chartered Bank of India, Australia and China following the 1892 merger.