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150 Dollars Standard Chartered Bank 150th Anniversary

Issuer Standard Chartered Bank (Hong Kong) Limited
Year 2009
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Composition Cotton paper
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Reverse lettering 150 years with you StandardCharteredBank (HONG KONG) LIMITED 渣打銀行(香港) 有限公司
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Protection type Security thread, Watermark
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Comments

Standard Chartered has held a note-issuing licence in Hong Kong since the colonial banking ordinances of the nineteenth century, but commemorative denominations are a different matter. The $150 note — issued to mark the bank's 150th anniversary — is one of the very few non-decimal denominations ever placed into legal tender circulation in Hong Kong, a jurisdiction that otherwise maintains strict denominational discipline. The Hong Kong Monetary Authority approved the issue, but it was never intended for everyday transactional use; most examples were sold in presentation folders and moved directly into collections.

The Pick reference P#296 places it firmly within the commemorative issues that the HKMA began permitting from the late 1990s onward.

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