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50 Dollars HSBC
| Issuer | The Hongkong and Shanghai Banking Corporation Limited |
|---|---|
| Year | 2018-2023 |
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| Value | Log in to see details |
| Currency | Dollar (1863-date) |
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| Obverse description | The obverse is dominated by a large intaglio-printed vignette of the HSBC lion's head in deep green at centre, set against a guilloche underprint in pale green with diagonal red and green bands. At upper left, the bicolour numeral "50" is rendered in red and green with intricate microprint detail, while at upper right a green holographic butterfly motif incorporates the denomination numeral. A vertical windowed security thread with repeating "50" numerals runs along the right-centre field, and the HSBC hexagon logo appears at lower centre. |
|---|---|
| Obverse lettering | THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED 香港上海匯豐銀行有限公司 憑票即付 PROMISES TO PAY THE BEARER ON DEMAND AT ITS OFFICE HERE 港幣伍拾元 FIFTY HONG KONG DOLLARS 承董事會命 BY ORDER OF THE BOARD OF DIRECTORS 行政總裁 CHIEF EXECUTIVE 香港 二〇一八年一月一日 HONG KONG 1 JANUARY 2018 |
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| Comments |
HSBC has issued Hong Kong dollars continuously since 1865, making it one of the few commercial banks in the world still functioning as a note-issuing authority under a formal currency board arrangement. The Hong Kong Monetary Authority requires all three issuing banks to hold US dollar backing at a fixed rate of 7.80 HKD before any note enters circulation — a peg that has held without adjustment since 1983.
De La Rue's involvement with HSBC Hong Kong issues stretches back decades, though the relationship has not been exclusive across all denominations and series.