High Denomination, High Value Banknotes

Anything not related to Irish paper money. Other Banknotes • Coins • Medals • General Stuff
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DOC
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Re: High Denomination, High Value Banknotes

Post by DOC »

Here is a later example of the 10,000 shillings (£500) note issued by The East African Currency Board in 1951. This high grade example achieved a hammer price of £53,000 at auction.
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The East African Currency Board 10,000 Shillings 1st August 1951.jpg
The East African Currency Board 10,000 Shillings 1st August 1951.jpg (198.38 KiB) Viewed 6854 times
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ThePloughman
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Re: High Denomination, High Value Banknotes

Post by ThePloughman »

Thats about $72,000. Very high for non-US currency!
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DOC
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Re: High Denomination, High Value Banknotes

Post by DOC »

Here is an attractive Straits Settlements specimen note printed ca.1919. The $10,000 note was the highest denomination of this series.
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Straits Settlements 10,000 Dollar Specimen ca. 1919.jpg
Straits Settlements 10,000 Dollar Specimen ca. 1919.jpg (161.38 KiB) Viewed 6573 times
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Vellakare
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Re: High Denomination, High Value Banknotes

Post by Vellakare »

The S$10,000 was only used for internal Bank Settlements.
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ThePloughman
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Re: High Denomination, High Value Banknotes

Post by ThePloughman »

Did any of these beauties enter circulation?
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DOC
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Re: High Denomination, High Value Banknotes

Post by DOC »

Examples of the lower denominations entered circulation but the $10,000 appears to have been used only for inter bank transfers and as such would not have been available to the general public.
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Re: High Denomination, High Value Banknotes

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The 10,000 Ringgit of Negara Brunei Darussalam is one of the highest denomination notes issued in modern times with a face value close to 2,000 euro (August 2021). Here are examples from the 1989 and 2006 Series.
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Brunei 10,000 Ringgit 2006.jpg
Brunei 10,000 Ringgit 2006.jpg (145.46 KiB) Viewed 5856 times
Brunei 10,000 Ringgit 1989.jpg
Brunei 10,000 Ringgit 1989.jpg (174.18 KiB) Viewed 5856 times
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Re: High Denomination, High Value Banknotes

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Here is an attractive high denomination $10,000 note issued by Singapore during the 1980s’. This is the highest denomination of the Bird Series with a face value now of close to 6,000 euro.
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Singapore $10,000 Bird Series 1980-1989.jpg
Singapore $10,000 Bird Series 1980-1989.jpg (118.33 KiB) Viewed 5631 times
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Mac
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Re: High Denomination, High Value Banknotes

Post by Mac »

5,000 Fims.
5000mk-A.jpg
5000mk-A.jpg (121.44 KiB) Viewed 4764 times
5000-B.jpg
5000-B.jpg (108.46 KiB) Viewed 4764 times
This note had a relatively low purchasing power in its time. The note became 50 MK in the 1963 issue when the Finnmark was devalued by a factor of 100.
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Re: High Denomination, High Value Banknotes

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Here is a high denomination note for £1000 issued by The Bank of Ghana in 1958. This denomination was only used for inter-bank transactions.
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Bank of Ghana 1000 Pounds 1st July 1958.jpg
Bank of Ghana 1000 Pounds 1st July 1958.jpg (126.76 KiB) Viewed 3069 times
Bank of Ghana 1000 Pounds 1958 Reverse.jpg
Bank of Ghana 1000 Pounds 1958 Reverse.jpg (116.36 KiB) Viewed 3069 times
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Re: High Denomination, High Value Banknotes

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The Singapore Orchid Series of banknotes was issued between 1967 and 1976. The $10,000 is the highest denomination. Remarkably, $10,000 replacement notes were also issued and are extremely rare. Examples of the standard issue and replacement $10,000 notes are shown. The replacement note was sold recently at Noonans as part of the Frank Goon collection and achieved a hammer price of 100,000 S$ (€68,000, £61,000).
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Singapoe Board of Commissioners of Currency 10,000 Dollars Replacement ca.1973.JPG
Singapoe Board of Commissioners of Currency 10,000 Dollars Replacement ca.1973.JPG (147.23 KiB) Viewed 2206 times
Singapore Board of Commission of Currency 10,000 Dollars Orchid Series ca.1973.jpg
Singapore Board of Commission of Currency 10,000 Dollars Orchid Series ca.1973.jpg (193.38 KiB) Viewed 2206 times
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Re: High Denomination, High Value Banknotes

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Here is an example of a $10,000 note issued by the Singapore Board of Commissioners of Currency, first released into circulation in 1989. This is the highest denomination of the Ship Series of notes which were issued between 1984 and 1999.
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Singapore 10,000 Dollars Ship Series ca.1989.jpg
Singapore 10,000 Dollars Ship Series ca.1989.jpg (168 KiB) Viewed 2162 times
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Re: High Denomination, High Value Banknotes

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This cancelled 10,000 Kronor note issued by The National Bank of Sweden in 1939 is up for sale at Noonans later this month. This is the highest denomination note issued by the bank and would have been a significant sum of money in 1939. An interesting feature is the use of coloured fibres in the paper as a security feature. A similar security feature was used on Irish Ploughman notes from 1929-1941.
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Sveriges Riksbank Sweden 10,000 Kronor 1939.JPG
Sveriges Riksbank Sweden 10,000 Kronor 1939.JPG (131.84 KiB) Viewed 1451 times
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The Governor
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Re: High Denomination, High Value Banknotes

Post by The Governor »

Those colored fibers were also used on some Chinese currency of the 1920s and 1930s.
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Mac
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Re: High Denomination, High Value Banknotes

Post by Mac »

Interesting to see the position of the fibres, on left side of the Swedish note. They are int he centre of the Ploughman notes and on any Chinese notes I have seen them on.
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Re: High Denomination, High Value Banknotes

Post by callahiljo »

The use of fibres in banknote paper also occurred in Scotland. The British Linen Bank adopted what they called granite paper in 1937. Here is an example from 1938.
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IMG_20160317_0174.jpg
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Re: High Denomination, High Value Banknotes

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This issued £10,000 Union of South Africa note from 1920 is up for sale later this month at Noonans World Banknotes Auction. This issued note has been cancelled and there is also an example of a specimen note. The notes are payable in gold coin or gold bullion.
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Union of South Africa 10,000 Pounds ca. 1920.jpg
Union of South Africa 10,000 Pounds ca. 1920.jpg (183.44 KiB) Viewed 482 times
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Mac
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Re: High Denomination, High Value Banknotes

Post by Mac »

Ten thousand was an enormous sum ion those days. Banknote number 000069, so there were likely 68 others!
There is a lot of nice items in that noonan's sale, including some more of the Portals' archive watermarked paper samples.
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Re: High Denomination, High Value Banknotes

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This Banque Du Congo Belge (Bank of Belgian Congo) 10,000 Francs specimen note from 1942 appeared recently at Stack’s Bowers with an estimate of $6,000-$8,000. The high grade example achieved a hammer price of $33,600, well in excess of the $6,000-$8,000 estimate. These high denomination notes were most likely used for inter bank transactions.
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Banque Du  Congo Belge 10,000 Francs Specimen 10th March 1942.jpg
Banque Du Congo Belge 10,000 Francs Specimen 10th March 1942.jpg (152.79 KiB) Viewed 132 times
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