Chartered Mercantile Bank of India, London and China, proof $25, Singapore, 14 February 1887, no serial numbers, black, Royal arms at top centre flanked by a lion and a unicorn, black tablet at centre, a Perkins Bacon engraving, three small cancellation holes, pencil date ‘20/12/1886’ in margin, previously mounted, in PMG holder 62, uncirculated, extremely rare and striking
TBB unlisted, Pick S144p1, KNB 14p, Tan CM15 for similar S$20,000-S$26,000

This lot was sold as part of a special collection, The Frank Goon Reference Collection of British Malayan Banknotes.

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This is the KNB plate note