British North Borneo Company, $1, 1 July 1940, red serial number K626271, black and red, arms of Borneo at top centre, value at low left and right, Smelt signature,reverse grey, value at centre, in PMG holder 55, about uncirculated, only a single better example graded by PMG, an exceptionally lovely note
BNB B115a, Pick 29, KNB 11 S$4,000-S$6,000

This lot was sold as part of a special collection, The Frank Goon Reference Collection of British Malayan Banknotes.

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