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1000 Dollars HSBC

Issuer The Hongkong and Shanghai Banking Corporation
Year 1988-1991
Type Standard circulation banknote
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Reverse lettering 1000 壹仟 壹仟 1000 1000 The Hongkong and Shanghai Banking Corporation 1000
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Protection description Lion's head.
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Comments

HSBC's highest denomination in this series was printed by De La Rue during a period when Hong Kong's currency arrangements were under increasing scrutiny ahead of the 1997 handover question. The note circulated during a period of intense capital sensitivity — large-denomination notes saw unusually high turnover as residents moved money in and out of the territory throughout the late 1980s and into the 1990s.

P#199 is notably scarce in heavily circulated grades for precisely that reason: high-value notes tended to move through banking channels rather than retail hands, and were often repatriated and destroyed rather than held by the public.

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