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50 Dollars

Issuer Hongkong and Shanghai Banking Corporation
Year 1927-1947
Type Standard circulation banknote
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Reverse description Green intaglio-printed reverse centred on a detailed architectural vignette of the Hongkong and Shanghai Banking Corporation's principal office building, flanked by an eagle with outstretched wings at the top. The bank name THE HONGKONG & SHANGHAI BANKING CORPORATION is lettered in two lines flanking the building, with BANKING CORPORATION below, and the denomination 50 DOLLARS rendered in a decorative panel at right. The serial number appears in all four corners against an ornate guilloche underprint border.
Reverse lettering THE HONGKONG & SHANGHAI
BANKING CORPORATION
50
DOLLARS
拾伍
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Comments

Waterlow and Sons held the HSBC printing contract for decades, and the long dating range on this series — spanning the tail end of the silver standard era, the Japanese occupation of Hong Kong, and the postwar resumption of normal banking — means individual notes within the type can carry wildly different historical weight depending on their specific date. Notes dated 1941 were still in circulation when Japanese forces took Hong Kong on Christmas Day; the occupying authorities initially allowed Hong Kong dollars to remain in use before eventually mandating exchange for military yen at a punishing rate.

Waterlow-produced notes from this period occasionally show plate wear on later printings, worth examining under raking light.

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