Malaya & British Borneo "Buffalo" 10 Dollars Banknote

Malaya & British Borneo 10 Dollars Banknote features a buffalo and a farmer and is a recent sough after Malaya note due to its beautiful design. This note has also been used as images on red packets and numerous posters due to its attractiveness and bright colours. The price of this note has been steadily increasing and has even overtook the 1953 Malaya Queen Elizabeth 10 dollars note, though its a 1961 issue.

This note in this post is an Extra Fine note with sharp edges and strong paper. This note is not easily found in this condition nowadays, with many notes being VF and below.

Background

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.