1959 Malaya & British Borneo 1 Dollar

Lately I have been blogging about vintage items and now I'm back to banknotes! In this post, I will share with everyone the 1959 Malaya & British Borneo 1 Dollar. For many non-collectors, they will not see the difference between the two notes that I have attached below. These 2 notes actually command a different price as they were printed by 2 different printers, namely Waterlow & Sons and Thomas De La Rue which are visible at the front face, middle bottom section of both of the notes. The Waterlow & Sons variety commands a higher price due to the lower supply of the notes.

Malaya and British Borne dollar

The Malaya and British Borneo dollar (known as the ringgit in Malay, Jawi:رڠڬيت) was the currency of Malaya, Singapore, Sarawak, British North Borneo and Brunei from 1953 to 1967. The currency was issued by the Board of Commissioners of Currency, Malaya and British Borneo. Prior to 1952, the board was known as the Board of Commissioners of Currency, Malaya.

The Malaya and British Borneo dollar was used in Malaya after independence in 1957, and in Malaysia after its formation in 1963, as wll as in Singapore after its independence in 1965. After 1967, the two countries and Brunei ended the common currency arrangement and began issuing their own currencies. However, the Malaya and British Borneo dollar continued to be legal tender until 16 January 1969.

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