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5 Dollars

Uitgever Oriental Bank Corporation
Jaar 1866
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Rectangular
Drukker Log in om details te zien
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Beschrijving voorzijde The obverse presents the Royal Arms vignette at centre top, flanked by two oval cartouches each inscribed FIVE DOLLARS, beneath the legend INCORPORATED BY ROYAL CHARTER in an arc. Chinese characters run vertically along both lateral borders, while the issuer's name THE ORIENTAL BANK CORPORATION appears in bold letterpress across the centre. A manuscript promise-to-pay text in copperplate reads 'Promise to pay the Bearer on demand at their Office here Five Dollars Local Currency for Value received', with the date line inscribed HONG KONG and authority line BY ORDER OF THE COURT OF DIRECTORS below.
Opschrift voorzijde INCORPORATED BY ROYAL CHARTER
FIVE DOLLARS
THE ORIENTAL BANK CORPORATION
Promise to pay the Bearer on demand at their Office here Five Dollars Local Currency for Value received
Hong Kong
By order of the Court of Directors
東藩匯理銀行
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
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Opmerkingen

The Oriental Bank Corporation was the oldest of the British Eastern exchange banks, chartered in Bombay in 1842 and operating branches across India, Ceylon, Australia, and East Asia. By 1866 it was in serious difficulty — a Ceylonese coffee blight and a string of bad loans had begun the slow collapse that would end in the bank's suspension in 1884. Notes issued from the Hong Kong branch in this period were circulating against a balance sheet that was already under stress.

Hong Kong had no colonial government note issue until 1935, so chartered banks like the Oriental supplied the colony's paper currency by default. The bank's liquidation meant outstanding notes became claims against a failed estate — recovery for holders was partial at best.

MISSCHIEN OOK INTERESSANT