Auction: 24009 - World Banknotes
Lot: 330
(x) Board of Commissioners of Currency Malaya and British Borneo, Full Specimen Set of the 1953 Issues, 10,000 Dollars, 21st March 1953, serial number A/1 00000,
1000 Dollars, 21st March 1953, serial number A/11 00000 650/55,
100 Dollars, 21st March 1953, serial number A/2 000000,
50 Dollars, 21st March 1953, serial number A/1 000000,
10 Dollars, 21st March 1953, serial number Z/99 000000,
5 Dollars, 21st March 1953, serial number A/30 000000,
1 Dollar, 21st March 1953, serial number A/70 000000,
in 1953, the Board of Commissioners of Currency (BCC), Malaya and British Borneo, launched an iconic series of banknotes, dated 21st March 1953. This issuance marked a significant moment in history, coming shortly after the establishment of the BCC on 1st January 1952, which aimed to provide a unified currency for Brunei, the Federation of Malaya, North Borneo, Sarawak, and Singapore.
Notably, these notes were issued during a transformative period, coinciding with the early reign of Queen Elizabeth II, who ascended to the throne on 6th February 1952. The 1953 notes, featuring Her late Majesty's youthful portrait, were released just months before the coronation on 2nd June 1953. This connection imbues the notes with a sense of renewal and optimism, reflecting both the new role of Queen Elizabeth II and the aspirations of a region eager for unity and progress.
Each note in this remarkable set showcases the intricate coats of arms of Brunei, North Borneo, Sarawak, and Singapore, as well as those of the eleven states of the Federation of Malaya: Johore, Kedah, Kelantan, Malacca, Negri Sembilan, Pahang, Penang, Perak, Perlis, Selangor, and Trengganu. This rich design not only represents the cultural diversity of the region but also symbolises the spirit of cooperation fostered by the BCC.
The introduction of these banknotes played a crucial role in enhancing financial stability and instilling confidence in commerce across the territories. The Malaya and British Borneo dollar, pegged to the British pound, became an essential tool for smooth transactions and economic collaboration during a time of significant change.
This complete set of 1953 specimen notes is an extraordinary and rare collection, highly coveted by collectors and enthusiasts alike. Its exclusivity and historical significance place it among the most sought-after items from Queen Elizabeth II’s reign. The exquisite design and its connection to a transformative era in both British and Southeast Asian history make this set a truly remarkable treasure, embodying a unique moment that few collections can offer,
(Pick 1s, 2s, 3s, 4as, 5s, 6s, 7s BNB 101as, 102as, 103as, 104 to 107 for type, KNB 1b, 2b, 3s-7s), in PMG holder 64 Choice Uncirculated (4), 63 EPQ Choice Uncirculated (1), 63 Choice Uncirculated (1), 55 EPQ About Uncirculated (1), (7 notes)
Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.
Estimate
£100,000 to £150,000