

This is a Government of Hong Kong 1 Dollar note from 1935, featuring a striking portrait of King George V in formal military attire on the obverse. The note displays the characteristic purple-on-multicolor design typical of this issue, with intricate engraved patterns, bilingual English-Chinese inscriptions, and ornamental security features throughout. The specimen shown appears to be in exceptional condition, displaying sharp printing, pristine margins, and no signs of circulation—significantly better preserved than most examples encountered in the market.
Common. While this 1935 Hong Kong 1 Dollar note is certainly collectable and of historical interest, it is not rare. Market data shows consistent sales in the $40-$150 range for VF examples, with even exceptional specimens (PMG 63-64) achieving $1,000-$1,800. The note was issued in substantial quantities by the Government of Hong Kong and circulated widely. Print run estimates and historical records do not indicate a short-lived or recalled issue. The eBay price history demonstrates steady availability of examples across multiple condition grades, with numerous sales annually. Rarity in numismatics is typically reserved for notes with documented small print runs, short issuing periods, or significant recall/destruction. This issue meets none of those criteria.
Issued during the reign of King George V, this 1935 Hong Kong note represents the colonial monetary authority's commitment to stable currency during the interwar period. The prominent portrait of the bearded monarch on the right side, along with the bilingual design incorporating traditional Chinese characters (壹圓), reflects Hong Kong's dual British and Chinese cultural identity during this era of British rule. The note's engraving by Bradbury, Wilkinson & Co. of London demonstrates the high security standards applied to colonial currency at the time.
The obverse features a formal portrait of King George V positioned at right, depicted as a bearded man in military formal dress with decorative collar, characteristic of royal portraiture of the era. The note employs a sophisticated multicolor design with dominant purples, browns, tans, and greens. A prominent Chinese character '壹' (one) appears in a decorative oval on the left side, while circular emblems bearing Chinese characters occupy all four corners. The reverse presents a more austere design centered on an ornamental shield cartouche containing the denomination characters '壹圓' (One Dollar), flanked by elaborate floral scrollwork. Large dollar sign ($) symbols appear in all corners of the reverse. Throughout both sides, intricate guilloche patterns, fine line work, and decorative borders serve both aesthetic and security purposes, characteristic of late-Victorian and Edwardian-era banknote design.
FRONT: 'GOVERNMENT OF HONGKONG' (English) / '府政港香' (Chinese: Government of Hong Kong) / 'THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT' (English legal clause) / 'ONE DOLLAR' (English) / '圓壹' (Chinese: One Dollar) / 'FOR THE GOVERNMENT OF HONGKONG' (English authorization) / 'TREASURER.' (English signature block) / 'BRADBURY,WILKINSON & Co LP ENGRAVERS NEW MALDEN,SURREY,ENGLAND' (printer attribution) / Serial number 'G507567'. BACK: 'GOVERNMENT OF HONGKONG' (English) / '$1 / ONE / DOLLAR' (English denomination) / '圓' (Chinese: Dollar) / 'BRADBURY,WILKINSON & Co LP ENGRAVERS NEW MALDEN,SURREY,ENGLAND' (printer attribution). The bilingual format reflects colonial Hong Kong's official use of both English and Chinese.
This note was produced using intaglio engraving, the highest security printing method of the era. Bradbury, Wilkinson & Co. LP of New Malden, Surrey—one of the world's premier security printers—executed the design. The visible fine line work, complex guilloche patterns, ornamental flourishes, and detailed border work are all hallmarks of steel-plate engraving. The multi-color printing from multiple plates creates the characteristic appearance with distinct color separation in the design elements. No evidence of lithographic or letterpress printing is present; the entire note was executed through classical intaglio methods.
The observed serial number is G507567. This note belongs to the standard 1935 issue of the Government of Hong Kong 1 Dollar (Pick 311). No major varieties are catalogued for this pick number regarding signatures, dates, or overprints—the 1935 date is fixed. Serial number prefixes may vary (the 'G' prefix is noted here), but such variations do not constitute recognized numismatic varieties in standard catalogs. The note represents the regular continuous issue type for this denomination and year.