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5 Dollars

Issuer Hongkong & Shanghai Banking Corporation
Year 1893
Type Standard circulation banknote
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Obverse lettering $5
PENANG
THE HONGKONG & SHANGHAI BANKING CORPORATION
Promise to pay the Bearer on demand
at its office here FIVE DOLLARS
Local Currency for Value received.
By Order of the Board of Directors
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Reverse lettering 5
THE HONGKONG AND SHANGHAI
BANKING CORPORATION
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Comments

The Hongkong and Shanghai Banking Corporation's 1890s dollar notes were printed by Metchim & Son, a London trade printer with a modest profile compared to the major security firms of the period — unusual for a bank of HSBC's regional weight, which had previously used more established engravers. Whether this reflects a cost decision or a supply arrangement is not documented in the bank's surviving correspondence from that decade.

Notes from this series are rare in any grade. HSBC maintained branches across a network of treaty ports where humidity and heavy daily use destroyed paper quickly.

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