5 Dollars

Emittente	The Chartered Bank of India, Australia & China
Anno	1875
Tipo	Accedi per vedere i dettagli
Valore	5 Dollars
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Legenda del dritto	$5 INCORPORATED BY ROYAL CHARTER Penang 1st January 1875 THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA Promises to pay the Bearer on Demand at its OFFICE here FIVE DOLLARS in local currency for Value received. BY ORDER OF THE COURT OF DIRECTORS Entd. Acct. MANAGER
Descrizione del rovescio	Entirely in blue, the reverse presents a symmetrical guilloche composition of three interlocking oval medallions with fine lathe-work rosette patterns. The large central medallion bears the numeral "5", while the bank name arcs above and below in bold serif lettering. The printer's imprint appears at the foot.
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Commenti	The Chartered Bank of India, Australia & China was incorporated by Royal Charter in 1853 and began Hong Kong operations shortly thereafter, competing directly with the Oriental Bank and later the Hongkong & Shanghai Banking Corporation for dominance in the China trade. By the 1870s it was one of only a handful of institutions with genuine authority to issue private banknotes across multiple territories simultaneously — the same plate design could theoretically circulate in Bombay, Shanghai, or Singapore. W.H. Sprague & Co. handled printing for several colonial and private bank issues during this period, a smaller operation than Perkins Bacon or De La Rue but technically competent. The 1875 date places this note in the middle of a volatile decade for silver-denominated trade currencies, when the global price of silver was beginning its long structural decline — directly affecting the purchasing power of dollar-denominated instruments throughout the treaty port network. The Chartered Bank eventually merged with the Standard Bank of South Africa in 1969 to form Standard Chartered.