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Auction B49  25 Mar 2023
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Lot 105

Estimate: 200 000 SGD
Lot unsold
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Malaya

Board of Commissioners of Currency, Malaya, a proof set of the 1 January 1939 series, comprising $1, $5 and $10, all with serial numbers A/B 000000, green, blue and purple respectively, George VI in oval frame at right, value at left, Hyman Weisberg signatures, reverses showing the crest of the Straits Settlements at top centre, to left and right are the arms of the nine Malay states, red PROOF NO VALUE in top margins, in PMG holders 58, choice about uncirculated, 55 EPQ, about uncirculated, and 53, about uncirculated, excessively rare and three of the most important pieces in the whole of the Frank Goon Collection (3 notes)
TBB B101p, B102p, B103p, Pick 4p, 5p, 1p, KNB 24p, 25p, 26p S$200,000-S$260,000

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A truly wonderful set of banknotes. These are all dated 1939, whereas the earliest issued notes in this design are dated 1940. These 1940's notes are extremely scarce in their own right, and the considerably more common 1941 date retained the same design, but the colours of the notes were changed. It is probable that these proofs were produced as a forerunner to the expected issue of 1939 (the Board of Commissioners was established in 1938). This is believed to be the only complete set extant in private hands, and is therefore of great importance and rarity.

These notes are the KNB plate notes.
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