The Frank Goon Reference Collection of British Malayan Banknotes

North Western Bank of India, proof $100, Singapore, ND (ca 1856), no serial number, black and white, allegorical maiden (Commerce) at top centre with bales of produce at her feet, beehive (Industry) at her left, sailing ship in background, black SPECIMEN overprint in signature field, a wonderful Perkins Bacon printing, in PMG holder 63, choice uncirculated, excessively rare
TBB unlisted, Pick unlisted, KNB 4, Tan NWB 1 S$20,000-S$30,000

This item has been graded by PMG and has been awarded grade 63, choice uncirculated.

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

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The North Western Bank of India bank collapsed in 1859, and while there is no evidence that notes from the bank were ever issued in Singapore, this is amongst the very earliest examples of a banknote intended for issue there.
This is the Tan plate note