Tuesday, April 3, 2018

Rare Straits Settlements note in Spink Auction on April 11

A very rare Straits Settlements banknote will be auctioned in Spink World and British Banknotes Auction on April 11. The $10 Government of the Straits Settlements, bearing one of the scarcer dates 1 January 1931 signed by Luis Shelley with serial number A/1 00001.

$10 Straits Settlements 1931

The first $10 to be issued for Straits Settlements will be auction with an estimate of £25,000 to £35,000 (RM135,516 to RM189,723). A most important banknote and the first portrait $10 with portrait of George V for the Straits Settlements.

banknote letter cecil

The banknote is accompanied by a letter titled MEMORANDUM from the CHAIRMAN AND MANAGING DIRECTOR of the banknote printer, Bradbury Wilkinson and is addressed to "Dear Cecil, I am sending you herewith $10 note, No. A/1 000001, first issued of this value. I thought you might like to have it as a personal memento of your great victory.”

The Governor of the Straits Settlements at the date of this letter, '14th April 1932' was Sir Cecil Clementi and this without doubt is the 'Dear Cecil' referred to in the letter.

Sir Cecil Clementi Smith was the governor and commander-in-chief of the Straits Settlements, and the high commissioner for the Federated Malay States from 1929 to 1934. Clementi resigned as Governor on 18 October 1934 on grounds of ill health, while on leave in England.

Catalogues can be accessed through the Spink website (www.spink.com) or via the Spink App for iPhone and iPad.