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10 Dollars - Elizabeth II

Issuer Board of Commissioners of Currency, Malaya and British Borneo
Year 1953
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Size 156 x 84 mm
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Obverse lettering Board of Commissioners of Currency Malaya and British Borneo This note is legal tender for Ten Dollars in the Federation of Malaya, Singapore, Sarawak, North Borneo and Brunei
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Variants P#3a(1) - red on green underprint
P#3a(2) - brown on yellow underprint* * not listed in catalog
Comments

The Board of Commissioners of Currency, Malaya and British Borneo was a joint currency authority established in 1952 to issue a common currency across Malaya, Singapore, Sarawak, North Borneo, and Brunei — a politically deliberate arrangement intended to smooth the transition toward eventual self-governance while keeping sterling-zone monetary policy intact. This 1953 series was among the first notes issued under that new framework.

Waterlow & Sons had printed colonial currency for decades, and their intaglio work on this series is competent but unremarkable. The real significance is administrative: notes of this type remained legal tender across multiple jurisdictions simultaneously, which created genuine complications when individual territories began breaking away after 1963.

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