Catalog
| Issuer | Chartered Bank of India, Australia and China |
|---|---|
| Year | |
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| Composition | Cotton paper |
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| Obverse description | Printed in red on cream-coloured cotton paper, the obverse centres on a royal coat of arms vignette with denomination numerals "$100" at upper left and right. The bank title "THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA" is set in bold letterpress across the centre, above a promise-to-pay clause in cursive script; Chinese characters run along both vertical edges as border inscriptions, with a Chinese rendering of the bank name at the top and Chinese denomination text "只伯壹" and "員伯壹" in the lower margin. |
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| Obverse lettering | THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA Promises to pay the Bearer on Demand at its Office here One Hundred Dollars or the equivalent HONG KONG BY ORDER OF THE COURT OF DIRECTORS $100 印度新金中山國匯連銀行 只伯壹 員伯壹 香港 |
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The Chartered Bank of India, Australia and China was one of the great Eastern exchange banks, chartered by Royal Charter in 1853 and operating branches from Shanghai to Singapore to Bombay. Its Hong Kong dollar notes competed directly with those of the Hongkong and Shanghai Banking Corporation, and the $100 denomination was very much a trade instrument — used between merchants and compradors rather than in everyday retail transactions.
Pick 25 is among the genuinely scarce entries in the Chartered Bank series. Few examples surface at auction, and surviving specimens are predominantly from bank archives rather than actual circulation.