Watch List notes:

HONG KONG. Hong Kong & Shanghai Banking Corporation. 10 Dollars, 1893-98. P-143. PMG Very Fine 20.
Printed by BFL. PMG's population report lists this note as the sole graded example, which only attests to the extreme rarity of this pick number. When these notes are offered, they are usually stamp cancelled with the lower two corners missing, or are contemporary counterfeits. This note is issued, fully intact, and uncancelled which is paramount to this note's value to collectors.

This is the earliest 10 Dollar note issued by HKSBC, with the issued date of April 1st, 1893 found on this treasure. The majority that are known today are dated later, in 1898. The front text reads "The Hong Kong & Shanghai Banking Corporation. Promises To Pay The Bearer On Demand At Its Office Here Or The Equivalent In The Currency Of The Island Value Received Ten Dollars By Order Of The Board Of Directors Hong Kong."

Blue and salmon colored inks are found on the face of the note. Light red ink seen on the back. The reverse of the displays an ornate coat of arms, with the bank name surrounding the design, and with counters at left and right. PMG comments "Restoration," which has been well executed. PMG also comments "Annotations." Bold signatures are still pleasing on this Very Fine note. A centerpiece to any collection it enters.

Estimate: $50000.00- $60000.00