Heritage World Coin Auctions
Hong Kong Signature Currency Sale 3555 21 & 23 Jun 2017
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World Currency
(Thailand) Siam Hongkong & Shanghai Banking Corporation 5 Ticals 1.8.1891 Pick S122. An excessively rare issued note with two penned signatures. Issued notes for this number are not listed in the Krause reference as only remainders are described under S122. Also, the date for this piece is not listed for this denomination, but "1.8.1891" is listed for 1 Tical notes of the issue. HSBC was the first of three foreign commercial banks that was authorized to operate and issue paper money in Siam. At this time the country had a great need for currency for the both the local economy and also world trade. In Siam, the "tical" was equal to 60 cents of a "Mexican" dollar. PCGS Fine 15, with minor stains and small splits. HID08701242017
Estimate: 20000-30000 USD
(Thailand) Siam Hongkong & Shanghai Banking Corporation 5 Ticals 1.8.1891 Pick S122. An excessively rare issued note with two penned signatures. Issued notes for this number are not listed in the Krause reference as only remainders are described under S122. Also, the date for this piece is not listed for this denomination, but "1.8.1891" is listed for 1 Tical notes of the issue. HSBC was the first of three foreign commercial banks that was authorized to operate and issue paper money in Siam. At this time the country had a great need for currency for the both the local economy and also world trade. In Siam, the "tical" was equal to 60 cents of a "Mexican" dollar. PCGS Fine 15, with minor stains and small splits. HID08701242017
Estimate: 20000-30000 USD