Heritage World Coin Auctions
Hong Kong Signature Currency Sale 4044 20 Jun 2023
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Hong Kong Mercantile Bank of India, Ltd. 50 Dollars 29.11.1941 Pick 240c KNB16c PMG Very Fine 25. One of Hong Kong's most iconic banknotes, due in equal parts to its rarity and splendid Waterlow & Sons engravings. The Mercantile Bank of India, Limited had a long and storied history in the colony, although it never printed banknotes in large quantities. This example features a five digit serial number without prefix, which should hint at the limited issuance of this beautiful denomination. Vivid colors remain clear and mild circulation is seen. The edges and margins are well above average for Hong Kong notes of this era. Minor restorations are mentioned for accuracy, which does not negate the scarcity of this variety, as there are only sixteen examples registered in the PMG Population Report. An important offering, very rare in any grade, and especially desirable at the Very Fine level with excellent eye appeal. HID08706262019 © 2023 Heritage Auctions | All Rights Reserved https://currency.ha.com/itm/world-currency/hong-kong-mercantile-bank-of-india-ltd-50-dollars-29111941-pick-240c-knb16c-pmg-very-fine-25/a/4044-24245.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4044-06202023 HID08706262019 © 2023 Heritage Auctions | All Rights Reserved
Estimate: 12000-18000 USD
Hong Kong Mercantile Bank of India, Ltd. 50 Dollars 29.11.1941 Pick 240c KNB16c PMG Very Fine 25. One of Hong Kong's most iconic banknotes, due in equal parts to its rarity and splendid Waterlow & Sons engravings. The Mercantile Bank of India, Limited had a long and storied history in the colony, although it never printed banknotes in large quantities. This example features a five digit serial number without prefix, which should hint at the limited issuance of this beautiful denomination. Vivid colors remain clear and mild circulation is seen. The edges and margins are well above average for Hong Kong notes of this era. Minor restorations are mentioned for accuracy, which does not negate the scarcity of this variety, as there are only sixteen examples registered in the PMG Population Report. An important offering, very rare in any grade, and especially desirable at the Very Fine level with excellent eye appeal. HID08706262019 © 2023 Heritage Auctions | All Rights Reserved https://currency.ha.com/itm/world-currency/hong-kong-mercantile-bank-of-india-ltd-50-dollars-29111941-pick-240c-knb16c-pmg-very-fine-25/a/4044-24245.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4044-06202023 HID08706262019 © 2023 Heritage Auctions | All Rights Reserved
Estimate: 12000-18000 USD