Wednesday, September 8, 2010

The Unique Buffalo or Duit Kerbau 1961 $10

The Straits Times 22 Nov 1960

Apparently, the Commissioners decided to issue only the $10 denomination after the $1 series.

The Straits Times 27 Nov 1961

The Straits Times 28 Nov 1961

The common small 'A' prefixes

The scarce large 'A' prefix      

                                                                  The rare 'B' prefix

I understand that after these series were demonetised, the local population uses them to burn as monetary offerings during the Chinese Seven Month festival and funerals. Hence, their rarity and the high prices that these notes can command.

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