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25 Cents Brown print

Issuer British North Borneo Company
Year 1900-1920
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Currency Dollar (1882-1941)
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Reverse description Reverse is blank, printed on plain unadorned paper with no design elements or lettering.
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Variants P#7a - 17.10.1900, 01.10.1902, 24.10.1903, 26.11.1903 & 05.10.1907
P#7b - 01.01.1912, 13.10.1913 & 03.11.1920
Comments

The British North Borneo Chartered Company was one of the last chartered companies granted genuine governmental powers — including the right to issue currency — operating its territory essentially as a private colonial administration until the Japanese invasion of 1941. These fractional notes filled a practical gap: small-denomination coinage was perpetually scarce in the interior, and the company's trading posts needed something workable below the one dollar threshold.

P#7 ran across two full decades without significant design revision, which makes precise dating of individual examples difficult. The brown printing was applied by a single-color letterpress process, and the notes are prone to toning that can deepen the brown considerably on circulated examples.

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