Heritage World Coin Auctions
Hong Kong Signature Currency Sale 4034 11 Dec 2021
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Malaya and British Borneo Board of Commissioners of Currency 1000 Dollars 21.3.1953 Pick 6a B106 KNB6a PMG Extremely Fine 40. After World War II, Malaya, Sarawak, British North Borneo, Brunei, and the Straits Settlements were returned to British hands. After the passing of King George VI in 1952, a new currency system was created that encompassed all British Colonies in what is present day Malaysia, Singapore, and Brunei. This $1000 note is the highest denomination that could have been obtained and used by the public, as the $10,000 was exclusively used between banks to settle accounts. At the time of circulation, this denomination was roughly exchangeable for 100 British Pounds, making it one of the highest denomination circulating notes at that time. Extant notes in issued form are very rare, as most are held in institutional or other famous collections. While we have offered a Specimen of this denomination in the past, we have not offered this note in fully issued form. All details are on full display. Only mild circulation and a few lightened stains are mentioned. One of the British Commonwealth's most iconic and rare notes, this is one of the key Queen Elizabeth II portrait notes. Extremely desirable and equally rare. One of the rarest and most important notes we have offered this year. https://currency.ha.com/itm/world-currency/malaya-and-british-borneo-board-of-commissioners-of-currency-1000-dollars-2131953-pick-6a-b106-knb6a-pmg-extreme/a/4034-26472.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4034-12112021 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 40000-60000 USD
Malaya and British Borneo Board of Commissioners of Currency 1000 Dollars 21.3.1953 Pick 6a B106 KNB6a PMG Extremely Fine 40. After World War II, Malaya, Sarawak, British North Borneo, Brunei, and the Straits Settlements were returned to British hands. After the passing of King George VI in 1952, a new currency system was created that encompassed all British Colonies in what is present day Malaysia, Singapore, and Brunei. This $1000 note is the highest denomination that could have been obtained and used by the public, as the $10,000 was exclusively used between banks to settle accounts. At the time of circulation, this denomination was roughly exchangeable for 100 British Pounds, making it one of the highest denomination circulating notes at that time. Extant notes in issued form are very rare, as most are held in institutional or other famous collections. While we have offered a Specimen of this denomination in the past, we have not offered this note in fully issued form. All details are on full display. Only mild circulation and a few lightened stains are mentioned. One of the British Commonwealth's most iconic and rare notes, this is one of the key Queen Elizabeth II portrait notes. Extremely desirable and equally rare. One of the rarest and most important notes we have offered this year. https://currency.ha.com/itm/world-currency/malaya-and-british-borneo-board-of-commissioners-of-currency-1000-dollars-2131953-pick-6a-b106-knb6a-pmg-extreme/a/4034-26472.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4034-12112021 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 40000-60000 USD