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5 Dollars

Emittent Chartered Bank of India, Australia and China
Jahr 1874
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Nennwert 5 Dollars
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Vorderseitenbeschreibung Black letterpress print on plain paper. The bank's heraldic coat of arms vignette occupies upper centre, flanked by ornate guilloche oval cartouches bearing the denomination $5 at left and right. Chinese script characters appear in the top and bottom border panels. The promise-to-pay text and issuer name are set in copperplate script.
Vorderseitenlegende $5
INCORPORATED BY ROYAL CHARTER
SINGAPORE
1st January 1874
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Promises to pay the Bearer on Demand at its
OFFICE here FIVE DOLLARS or the equivalent
in the Currency of the Island. Value received.
BY ORDER OF THE COURT OF DIRECTORS
Entd. Acct. MANAGER
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Anmerkungen

The Chartered Bank of India, Australia and China obtained its royal charter in 1853 and was one of the exchange banks — not a colonial issuer in the conventional sense — operating under British banking law and authorized to issue notes across multiple territories simultaneously. By 1874, its Hong Kong branch was its most active note-issuing center, though notes of this period were also payable at its offices in Shanghai, Singapore, and Bombay.

Batho, Sprague & Co. handled security printing for a number of the British overseas chartered banks in this period before the major consolidations that would see much of that work absorbed by Bradbury Wilkinson and De La Rue. Surviving examples from this 1874 issue are extremely rare — most were redeemed and pulped as a matter of routine banking housekeeping, and fire and flood losses at branch offices claimed others.