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50 Rupees Galle; Oriental Bank Corporation

Issuer Oriental Bank Corporation
Year 1866
Type Standard circulation banknote
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Obverse description Black intaglio print on white paper with an elaborate guilloche border. The British Royal Arms vignette appears at top centre, flanked by large numeral "50" denominators and Sinhala and Tamil script legends. The promise-to-pay text, date, and issuer name are set in letterpress below, with roles for Entd., Accountant, and Agent at foot.
Obverse lettering රුපියල්පනහයි
ஐம்பதுரூபாய்
50
INCORPORATED BY ROYAL CHARTER
GALLE, CEYLON 15th June 1866.
THE ORIENTAL BANK CORPORATION
Promise to pay the Bearer on demand
at their Branch here, or at their Bank
in Colombo FIFTY RUPEES, or the equivalent
in the Currency of this Island Value received.
By order of the Court of Directors,
Entd. Accountt. Agent.
Perkins, Bacon & Co, London. Patent Hardened Steel Plate.
(Translation: Fifty rupees.)
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The Oriental Bank Corporation, chartered in London in 1851, was one of the dominant British exchange banks operating across Asia and the Indian Ocean rim. Its Galle branch notes were issued from Ceylon's principal port city at a time when Galle still functioned as the island's main commercial harbor before Colombo's rise displaced it. The bank collapsed spectacularly in 1884, a casualty of bad loans, the collapse of colonial commodity prices, and mismanagement — one of the more dramatic bank failures in Victorian imperial finance.

Perkins, Bacon's engraved plates for this series were among the more security-conscious note productions of the period, drawing on the firm's long experience with anti-counterfeiting work, including British postage stamps.

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