Exchange rate : 2.69 from RM to SGD
Buyer's Premium : 15% live bid and 18% internet bid
SGD12,000 + 15%.
Extremely rare piece of banknote especially without the chop.
The first notes consigned by the Board of Commissioners of Currency Malaya were for the value of $1, $5 and $10 and dated 1st January 1940. Of these issues, a large quantity of $1 notes (1940 Green colour) and $5 notes (1940 blue colour) was despatched to Malaya before the Japanese invation on 8th December 1941 but were all seized by the Germans.
When British forces reoccupied Singapore in Septemeber 1945, they found all the abandoned notes of this series (1940 series) except for a bundle of one thousand of the notes captured in Penang, in the vaults of the Japanese sub-treasury. Nevertheless, all stocks were destroyed in 1946, as it was feared that the notes seized by the Germans might be handed over to their Japanese allies, ready to be passed into circulation when the notes became current. There is no evidence of these notes ever reaching Malaya. During the Japanese Occupation, the Japanese government issued the famous banana notes to replace the Malayan dollar as legal tender.
British forces landed at Penang and Singapore on 3rd Septemeber 1945 and gradually reoccupied the whole of Malaya. It was decided that no value should be accorded to the Japanese banana money.
However the $10 1940 (purple colour) was uncompromised and eventually went into circulation after the war and remained legal tender until it was phased out by the new currency - 1941 $10 KGVI red colour. This banknote was in circulation for only a year.
SGD2600 + 15%.
Nice S/N Q/29 000888
SGD1400 + 15%
SGD5000 + 15%. 3pcs consecutives
SGD2400 + 15%.
VF condition with pin holes
SGD650 + 15%
SGD3000 + 15%.
Prefix A1
SGD2200 + 15%.
SGD2400 + 15%.
1916 KING EDWARDS VII scarce in high grade.
SGD2400 + 15%
1921 KING EDWARDS VII scarce in high grade.
Happy Reading,
Andrew
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