Chartered Mercantile Bank of India, London and China, $5, Singapore, 1 May 1885, serial number 32413, black and blue, Royal arms at top centre flanked by a lion and a unicorn, value in protector at centre, manuscript signatures below, reverse black, values at centre, red ink ‘Cancelled 20/3/16’ on face of note, three cancellation holes, in PMG holder 12, fine, a presentable example of a remarkably rare issued note
BNB unlisted, Pick unlisted, KNB 7a-b, Tan CM13 S$18,000-S$24,000

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

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