Saturday, April 4, 2009

The British North Borneo Currency

The British North Borneo was established in 1882. Shortly after its establishment, the company adopted the unit currency of Strait Settlement. The British North Borneo Company started their currency with copper coins in the denominations of 1/2 and 1 cents as early as 1885. They later introduced cupro-nickel coins of 1 cent, 2 1/2 cents and 5 cents. 25 cents of silver coin was also issued in 1920s.

Apart from the issuance of copper coins, the British North Borneo Company also issued notes in the denominations of 1 dollar, 5 dollars, 10 dollars and 25 dollars. These early notes were signed and dated by hand at the time of issuance. There were many version of signatory and variety appeared on the notes as a result of the Company's regulation. Even notes issued within the same year could have many different authorise signatures. The earliest issuance notes were found dated on 12 May 1884.

Besides the official issuance of British North Borneo Company notes of 1, 5, 10 and 25 dollars. There were also paper notes issued by the Sandakan Treasury in between 1895 and 1938 in the name of British North Borneo Company. The date and signature on these notes were found in hand written or rubber stamped. They were also found in many variety due to its colour shades and they were printed by Blades, East and Blades Limited, London.

The British North Borneo Company, Issued By The Sandakan Treasury
25 Cents



The British North Borneo Company, Issued By The Sandakan Treasury
50 Cents


The British North Borneo Company Note
$1



The British North Borneo Company Note
$5


The British North Borneo Company Note
$10


The British North Borneo Company Note
$25

3 comments:

Anonymous said...

I have two of these, one of 25 cents, and one of 50 cents, both issued through Sandakan Treasury in the year of 1895. one in excellent condition, the other in fair condition. I am looking for a reputable place to be able to have them appraised, and then am looking to sell. Any ideas or offers? please send me an email at etatetjan@yahoo.com

Anonymous said...

I am interested in acquiring a $25 North Borneo Note.Anyone out there who might have one and is willing to let go can contact me at lau_kokok@yahoo.com.sg

uetcoins said...

Good day to all,

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Guarantee to offer you the best possible price.

Kindly leave your name and contact details for future communications.

Once again thank you very much for your time and interest.

Best rgds
CPL