Darvel Bay (Borneo) Tobacco Plantations, Limited, specimen 50 Cents, ND (c.1880-90), no serial numbers, black and pink, arms top centre, value in underprint at low centre, reverse pink, value at centre, perforated SPECIMEN C. SKIPPER & EAST, in PMG holder 63, choice uncirculated, very rare
BNB unlisted, Pick unlisted, KNB 8s S$12,000-S$18,000

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

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