Hong Kong Government One-Cent Note PMG 67 EPQ
Product Overview
This collectible is a 1 Cent single-sided subsidiary banknote from the British Hong Kong government. It has no year of issue (ND), circulated from 1986 to 1992, and is listed in the International Banknote Catalogue (ICC) under the designation Pick#325d and classification code KNB16d. It bears the Financial Secretary's fourth edition signature (Sign.#4). Authenticated and graded by the internationally renowned appraisal agency PMG, it achieved a top-tier grade of 67 EPQ (Superb Gem Unc, brand new, uncirculated, high-quality original paper).
This 1 Cent banknote is a late-issue version of the series. Due to ample supply of subsidiary banknotes in the market, its issuance and surviving quantity are far less than the early 1960s versions. The banknote is printed on only one side, with the reverse completely blank, making it a unique single-sided circulating banknote in Hong Kong monetary history. The 67 EPQ in pristine white condition is extremely rare, making it a core item for collectors of colonial Hong Kong banknote varieties.
Front and Back Details
Front (Main Printed Side)
| Title Text | The top horizontal English text reads "GOVERNMENT OF HONGKONG," with the corresponding Traditional Chinese characters "香港政府" (Hong Kong Government) on the reverse. |
|---|---|
| Denomination Layout | The four corners are marked with the English "1c" and the vertical Traditional Chinese characters "壹分" (One Cent). A large spiral anti-counterfeiting pattern surrounds the large characters "壹分" on the left. |
| Legal Terms Area | The middle section states "THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT NOT EXCEEDING ONE DOLLAR" in English. The center prominently displays "ONE CENT," with the Traditional Chinese characters "壹分" below. The bottom features the issuing authority's name and the fourth edition Financial Secretary's handwritten signature. |
| Portrait Design | The right side features an oval border containing a standard portrait of Queen Elizabeth II in her middle age. |
| Printing Process | Monochrome brown intaglio printing with a full-page, intricately detailed anti-counterfeiting background. The lines are three-dimensional and complete, and the ink is evenly applied and does not fade. |
Back (Blank Side)
The back of the banknote has no patterns, text, or background. It retains only the original light off-white special cotton banknote paper, without watermarks, security threads, or other additional anti-counterfeiting features. This is a unique identifying characteristic of this series of one-cent banknotes.
Complete Product Specifications
| Issuing Institution | Hong Kong Government |
|---|---|
| Circulation Period | 1986–1992 (No printing year ND on the banknote) |
| International Catalogue Number | Pick#325d |
| Face Value | 1 Cent (One Cent), the lowest denomination banknote in Hong Kong history |
| Printing Method | Single-sided intaglio printing, completely blank back |
| Paper Material | Professional cotton banknote paper |
| Grading Condition | PMG 67 EPQ - Brand New, Uncirculated |
| Signature | Late Financial Secretary's fourth edition signature Sign.#4 |
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