Chartered Mercantile Bank of India, London and China, $5, Penang, 2 April 1886, serial number 49957, 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, value at centre, red manuscript ‘Cancelled 8/7/1914’ across face of note, in PMG holder 25, very fine, very rare and a presentable example
BNB unlisted, Pick S131, KNB 7a-c, Tan CM19 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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