Catalog
100 Dollars Asiatic Banking Corporation
| Issuer | Asiatic Banking Corporation |
|---|---|
| Year | 1862 |
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| Reference(s) | P#S78 |
| Obverse description | Green and black note with an elaborate guilloche border frame enclosing multilingual text in English, Jawi, Tamil, and Chinese (traditional characters). A circular vignette with the corporation's arms appears at centre, flanked by two oval panels bearing the denomination ONE HUNDRED DOLLARS. The large numeral 100 is printed in bold at the bottom centre, with the promise-to-pay text and place of issue, SINGAPORE, rendered in a bold letterpress typeface across the middle of the note. |
|---|---|
| Obverse lettering | ASIATIC BANKING CORPORATION ONE HUNDRED DOLLARS ONE HUNDRED DOLLARS THE ASIATIC BANKING CORPORATION promise to pay the Bearer on Demand at their Branch in SINGAPORE in Local Currency the Sum of ONE HUNDRED DOLLARS value received SINGAPORE By order of the Court of Directors 亞西亞國銀行 大銀壹佰圓 |
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The Asiatic Banking Corporation was a London-registered joint-stock bank that operated briefly in the 1860s across Asian treaty ports. It collapsed in 1866 during the severe London credit crisis triggered partly by the failure of Overend, Gurney & Company — one of several colonial banks that did not survive that panic. Notes issued this close to the bank's failure rarely completed full commercial cycles, which partly explains why surviving examples of the higher denominations are extraordinarily scarce.
Pick S78 is among the rarest entries in the entire colonial Asian private bank series.