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Auction B49  25 Mar 2023
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Lot 12

Estimate: 20 000 SGD
Price realized: 18 000 SGD
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Private Banks of the Straits Settlements

Chartered Mercantile Bank of India, London and China, proof $50, Singapore, ND (ca 1860's), no serial numbers, black, Britannia seated at top centre with symbols of empire and commerce, black tablet at centre, a Perkins Bacon engraving, pencil date '10/4/1861' in margin, very minor evidence of mounting, in PMG holder 64 choice uncirculated, a striking and very rare proof, the addition of a hand written date useful to ascertain the exact date of production
TBB unlisted, Pick S138p1, KNB 4p, Tan CM16 for later type S$20,000-S$26,000

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This is the KNB plate note
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