Paper Money, Scripophily and Banking Histrory

Lot 111:

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British India 1882 Oriental Bank Corporation Bill of Exchange, Calcutta to London

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Start price: $160

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Description

An original bill of exchange issued by the Oriental Bank Corporation, dated 3 March 1882, drawn in Calcutta and payable in London at their Threadneedle Street branch. This “Second of Exchange” was issued for £112 sterling, payable to Leo Zauder Esq. and signed by the bank’s representatives.


Printed on watermarked paper, the front bears a British Indian revenue stamp (One Anna) tied with a Calcutta datestamp. The reverse shows an endorsement and another partial stamp. The document features elegant copperplate handwriting and a partially embossed seal.

Bank History:
The Oriental Bank Corporation, chartered by Royal Charter, was one of the earliest British banks to operate extensively across Asia, with branches in India, Ceylon, China, and Australia. It played a critical role in British colonial trade finance throughout the 19th century.


Condition report:

Excellent overall preservation, with fold lines and minor edge wear consistent with age. Clear ink, firm signatures, and intact stamp. An important specimen of colonial finance and Indo-British banking history.

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