• World Currency:
  • Hong Kong,
  • Mercantile Bank of India Currency & Banknote Values

Banknote Book® Price Guide

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Values / World Currency / Hong Kong / Mercantile Bank of India

The Greysheet Catalog (GSID) of the Mercantile Bank of India series of Hong Kong in the World Currency contains 45 distinct entries with CPG® values between $250.00 and $59,000.00. The Mercantile Bank of India obtained permission to issue notes at its Hong Kong branch in 1911,

The Greysheet Catalog (GSID) of the Mercantile Bank of India series of Hong Kong in the World Currency contains 45 distinct entries with CPG® values between $250.00 and $59,000.00.

The Mercantile Bank of India obtained permission to issue notes at its Hong Kong branch in 1911, and began issuing notes the following year. The bank was required to place securities with equivalent value with the Hong Kong authorities to guarantee payment of its notes. Most Mercantile Bank of India notes bear a handwritten signature at lower left for the accountant and a printed signature at lower right for the manager. Notes of a given denomination and date have been confirmed with different handwritten signatures, but always the same printed signature.

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 1st March, 1912 Sig 1: McDonald 60,000 notes
Value Range: $275 - $1,100
$275 - $1,100
 1st January, 1930 Sig 3: Sandes 40,000 notes
Value Range: $800 - $800
$800 - $800
 1st July, 1936 Sig 4: Kennedy 4 s/n back: all corners 20,000 notes
Value Range: $250.00 - $7,000
$250.00 - $7,000
 1st December 1937 Sig 5: Benson 20,000 notes
Value Range: $250.00 - $7,000
$250.00 - $7,000
 1st January, 1930 Sig 3: Sandes 30,000 notes
Value Range: $500 - $2,000
$500 - $2,000
 1st December 1937 Sig 5: Benson 5,500 notes
Value Range: $1,500 - $13,100
$1,500 - $13,100
 Green (front) and purple (back); no date; no s/n
Value Range: $10,000 - $10,000
$10,000 - $10,000

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 1st July, 1936 Sig 4: Kennedy 10,000 notes
Value Range: $500 - $2,000
$500 - $2,000
 1st December 1937 Sig 5: Benson 7,000 notes
Value Range: $500 - $2,000
$500 - $2,000

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 24th August 1948 10,000 notes
Value Range: $1,200 - $4,600
$1,200 - $4,600
 28th March 1950 10,000 notes
Value Range: $1,200 - $4,600
$1,200 - $4,600
 10th March 1953 Sig 8: Donn 10,000 notes
Value Range: $1,200 - $4,600
$1,200 - $4,600
 26th October 1954 5,000 notes
Value Range: $1,200 - $4,600
$1,200 - $4,600
 4th October 1955 5,000 notes
Value Range: $1,200 - $4,600
$1,200 - $4,600
 24th January 1956 5,000 notes
Value Range: $1,200 - $4,600
$1,200 - $4,600
 1st July, 1935 Sig 4: Kennedy 2 s/n back 40,000 notes
Value Range: $11,000 - $59,000
$11,000 - $59,000
 29th November 1941 Sig 6: Hawkins 2 s/n back 5,000 notes
Value Range: $5,000 - $12,000
$5,000 - $12,000
 Two diagonal red SPECIMEN ovpts
Value Range: $10,000 - $10,000
$10,000 - $10,000
 Diagonal red SPECIMEN ovpt front/back; no sig ; no s/n
Value Range: $18,250 - $18,250
$18,250 - $18,250

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