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Auction B49  25 Mar 2023
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Lot 17

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, $10, Malacca, 1 May 1886, serial number 14143, blue, Royal arms at top centre, flanked by a lion and a unicorn, value in red protector at centre, manuscript signatures below, reverse blue, arms at centre, a Perkins Bacon engraving, split and rejoined, a few repairs and rusty areas, in PMG holder 10 NET, very good but a presentable example, with the added appeal that Malacca are amongst the rarest Straits Settlements issues due to low quantity printed compared to notes issued in Singapore and Penang. A true rarity!
TBB unlisted, Pick S122, KNB 2a-b, Tan CM2 S$20,000-S$26,000

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This is the KNB plate note
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