North Western Bank of India, obverse proof $100, Singapore, 18- (c.1856), no serial number, black, allegorical maiden (Commerce) at top centre, bales of produce at her feet, beehive (Industry) at her left, sailing ship in background, SPECIMEN stamp, in PMG holder 53, about uncirculated, excessively rare, a very attractive Perkins Bacon engraving
Pick S196p, KNB 4, Tan NWB 1 for Bank S$26,000-S$30,000

This lot was sold as part of a special collection, The Frank Goon Reference Collection of British Malayan Banknotes.

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