These banknotes trace their history to the mid18th century when hong kong was under the influence of the british empire. Hong kong chapter of the banknote book is now available. Understanding the value of old money from hong kong requires knowing individual bank note issues from the ten different banks in hong kong that printed money between 1862 and 1960. Get the best deals on hong kong banknotes when you shop the largest online selection at. History of the hong kong dollar as is common with british colonies at the time, the uk tried to implement a coinage system complying with the uk pound sterling. Some are stored in banknote folders, others are stored using other banknote supplies. The currency of hong kong is the hong kong dollar hkd.
Background information for historical and cultural context. Commemorative banknote for chinas 100 years of revolution. This is a wonderful book full of currency information. Hongkong papermoney history collections driwancybermuseums. Bank of china began to issue hong kong dollar notes on 1 may 1994. A history of currency in the british colonies by robert chalmers. The hong kong monetary authority hkma announced today friday the composite interest rate at the end of december 2019. Hong kong monetary authority interest rate risk management. Prior to the introduction of the dollar, the mexican dollar had been the primary medium of exchange in hong kong prior to 1895.
The hkma will launch an extensive education programme to raise public awareness of the new banknotes. The hong kong 2010 series new banknotes were designed by the respective noteissuing banks and approved by the financial secretary. The bank note collectors store world banknotes h hong kong. This information is useful for banknote collecting software and cataloging banknote types and banknote values in u. Signature tables, often with names and terms of service. Hong kong banknotes hong kong paper money catalog and hong. Some banknotes came from the banknote mint, some came from banknote dealers, some came from banknote auction. The arrangements in hong kong are unusual but not unique, as a comparable system is used in the united kingdom where eight banks issue banknotes one in england and wales, three in scotland, and four in northern ireland and macau where two banks issue banknotes. Britain also won the second opium war, forcing the qing empire to cede kowloon in 1860, while leasing the new territories for 99 years from 1898.
Antique money value of old banknotes from hong kong. Hong kong 1,000 dollars, 2018 pnew hscb new design unc. John bull today stamps, coins and banknotes auctions. Sep 23, 2016 the arrangements in hong kong are unusual but not unique, as a comparable system is used in the united kingdom where eight banks issue banknotes one in england and wales, three in scotland, and four in northern ireland and macau where two banks issue banknotes. World banknotes and paper money catalogs, books, references. The qing dynasty ceded hong kong to the british empire in 1842 through the treaty of nanjing, ending the first opium war. Hong kong became a special administrative region and continues.
Convert your leftover current bank of china hong kong dollar banknotes to cash using our hasslefree online exchange service. If you are looking for used hong kong paper money, or youre interested in purchasing a hong kong banknotes collection, shopping on ebay can help you get a fair deal. Money back guarantee ensures you receive the item you ordered or get your money back. Hong kong currency, the largest exhibition of its kind ever held in.
I asked this question direct to the hong kong monetary authority some time ago and all previous issue banknotes are legal tender and can be used. Convert your leftover withdrawn hsbc hong kong dollar banknotes to cash using our hasslefree online exchange service. See more ideas about bank notes, chinese currency, paper money. New banknotes of the bank of china hong kong limited in 2010. In 2003, the hongkong and shanghai banking corporation hsbc replaced older style hong kong dollar banknotes with a new series. Its coastline has rich ecological resources and is a wellknown picturesque place to visit. The 2003 series hong kong banknotes are issued by the three noteissuing banks in hong kong bank of china hong kong limited. Hong kong was first to establish the yuan as the unit of currency. Hong kong banknotes hong kong paper money catalog and. A history of the british banknote i promise to pay the bearer on demand the sum of. Hong kong paper money catalog and hong kong currency history.
They are printed by hong kong note printing limited. Hong kong to issue new 20, 50, and 100dollar notes. Currently the government of hong kong has given authorization to three commercial banks to issue banknotes. Included are two black sheep company of wales banknotes. Get the best deal for hong kong banknotes from the largest online selection at. The current series of hong kong dollar banknotes issued by the bank of china can be recognised by the optically variable greengold ink. Government departments are recommended, but not required, to hand over their records, resulting in many being lost or mislaid, especially since 1997.
This meant that the coins used in hong kong at that time, being mainly mexican and spanish 8 reals where said at. Currency from hong kong is popular with both chinese, english, and american collectors. The global philatelic network publishes the exclusive edition dor book series that beautifully present a philatelists life work. Indian banknotes referenced to pick and the revised standard reference guide to indian paper money by kishore jhunjihunwalla and rezwan razack. In case of difficulty in exchanging any notes from very old series issues, such as pre2003 issue, you can approach the three issuing banks who will exchange for newer series currency notes. Hong kong banknotes hong kong paper money catalog and hong kong currency history. A scarce book titled money for all the story of the welsh pound by ivor wynne jones that discusses the lengthy history of the welsh pound. This meant that the coins used in hong kong at that time, being mainly mexican and spanish 8 reals where said at a value of 4 shilling and 2 pence. See more ideas about chinese currency and money notes. In 1846, the oriental bank corporation issued hong kongs first banknotes and bearers of the notes could exchange them for silver dollars. Sep 10, 20 a history of the british banknote i promise to pay the bearer on demand the sum of. The transfer of sovereignty over hong kong, commonly known as the handover of hong kong or simply the handover, also the return in mainland china and hong kong, occurred at midnight at the start of 1 july 1997, when the united kingdom ended administration for the colony of hong kong and returned control of the territory to china.
Previous banknotes no longer issued can still be used. Wills online world paper money gallery hong kong banknotes. All the goods on this page are genuine and original not forgeries, not counterfeits and are carefully inspected, identified, graded, appraised and described accordingly. The arrangements in hong kong are unusual but not unique, as a comparable system is used in the united kingdom where eight banks issue banknotes and macau where two banks issue banknotes. Hong kong monetary authority composite interest rate.
In 1863, the hong kong government imported coins from britain. Starting out as a farming fishing village and salt production site, it became an important free port and eventually a major international financial centre the qing dynasty ceded hong kong to the british empire in 1842. According to bank of china hong kong limited merger ordinance passed on 12 july 2001, all banknotes issued by the bank of china before its merger are to remain legal tender after the merger. World paper money, world banknotes thousands of pieces of world paper money and world banknotes at collector friendly prices. Hong kong paper money is produced by three different banks. Jan 31, 2017 the currency of hong kong is the hong kong dollar hkd. The issue of banknotes of the hong kong dollar is governed in the special administrative region of hong kong by the hong kong monetary authority hkma, the governmental currency board of hong kong. Get the best deals on hong kong paper money when you shop the largest online selection at. Ship out in 2 business day, and fast shipping, free tracking number will be provided after the shipment. This video will show you the current banknotes of hong kong. Hong kongs pro was established in 1972 but now struggles with lack of government support and skills training, and hong kongs lack of an archives law.
We conduct regular public auctions of stamps, coins and banknotes in hong kong 23 times a year. New listing hong kong 1945 1 cent bank note uniface gem uncirculated 65 epq pmg. The total value of banknotes in circulation in hong kong can be found in the hkma monthly statistical bulletin and the hkma annual report. Under licence from the hkma, three commercial banks issue their own banknotes for general circulation in the region. Hong kong currency exhibition reveals story of citys evolution with. Get paid fast for your unused currency from hong kong. As is common with british colonies at the time, the uk tried to implement a coinage system complying with the uk pound sterling. The region of hong kong has been inhabited since the old stone age, later becoming part of the chinese empire with its loose incorporation into the qin dynasty 221206 bc. History of the hong kong dollar currency information and. In addition, we maintain offices and full time staff in hong kong. The 2010 series banknote design of bank of china hong kong feature beautiful natural scenery, showcasing the unique and fascinating side of hong kong. All the banknotes in this subcategory are uncirculated unc and genuine real bank notes not reproductions unless otherwise noted about their condition and genuinity. The issuance of banknotes and monetary policy is currently overseen by the hong kong monetary authority. The current hong kong dollar was first introduced by the british in 1895 at a rate of one hong kong dollar was equal to one mexican trade dollar.
This is a very unusual book in the world of coin and paper money collecting, but it has been very popular with many different kinds of collectors. In 2003, the hongkong and shanghai banking corporation hsbc replaced older style hong kong dollar banknotes with a. Therefore, any image of currency which were designed after december 31, 1969 will be deleted as a copyvio. Dollar 100 cents, from 1842 to purchase hong kong banknotes, please check our inventory.