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500 Dollars HSBC

Issuer The Hongkong and Shanghai Banking Corporation
Year 1978-1983
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Currency Dollar (1863-date)
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Reverse description The bank name in English runs across the top in bold letterpress. At right, the HSBC heraldic lion (known as the Stitt lion) accompanies the Arabic numeral 500, while a detailed architectural vignette of the Hongkong and Shanghai Banking Corporation's principal office building occupies the left portion of the design. The outer margins are bordered with fine guilloche anti-counterfeiting patterns.
Reverse lettering The Hongkong and Shanghai Banking Corporation 500
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Comments

Bradbury Wilkinson produced this note at their New Malden works during a period when Hong Kong's three-bank issuing arrangement was under periodic scrutiny — the colony's government had considered centralizing note issuance more than once, and never quite followed through. HSBC's $500 remained the highest practical denomination in everyday commercial use through this period, the $1,000 note existing but rarely seen outside banking circles.

Watermark-only security reflects the era's assumptions about forgery risk in Hong Kong — magnetic ink and metallic threads came later, with the 1980s redesign series that retired P#189 from circulation by 1983.

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