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1945 ND Hong Kong Government 10 Cents PMG 67

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Product Description

This collectible is a 10-cent banknote issued in 1945 by British Hong Kong after World War II. The note has no printed year of issue, marked ND (1945), and its International Banknote Catalogue number is Pick#323, with the format code KNB12a. It has been certified by the globally renowned banknote authentication agency PMG, achieving a top-tier grade of 67 Superb Gem Uncirculated EPQ (Extremely Perfect, Uncirculated, Original High-Quality Paper).

This is an early post-war government banknote, single-sided printing with a blank reverse. Due to extensive circulation and wear in its early years, a 67-cent EPQ note in pristine, uncirculated condition is extremely rare. It is a top-tier, core specimen within a complete set of 1940s Hong Kong coin collectibles.

Detailed Analysis of the Front and Back of the Banknote

Front Printing

Title Text Layout ** The top of the banknote features the horizontal English text "GOVERNMENT OF HONGKONG," while the upper center displays the vertical traditional Chinese characters "香港政府" (Hong Kong Government). The issuing authority is clearly stated in both English and Chinese.
Denomination Layout ** The four corners of the banknote feature the Arabic numerals "10c" and the vertical traditional Chinese characters "拾分" (ten cents). A large oval area on the left is covered with a finely intricate, interwoven grid-like security feature, with the central vertical characters "拾分" standing out prominently.
Legal Circulation Terms ** The banknote displays the legal tender for the payment of a certain amount not exceeding two dollars. The middle section features the English text "TEN CENTS" and the traditional Chinese characters "拾分," and the bottom bears the original handwritten signature of the Financial Secretary.
Era-Specific Portrait ** The right side features an oval border engraved with a portrait of King George VI in military uniform. This portrait was only used on the first post-war fen banknote issued in 1945. The new version of the 1945 Hong Kong government fen coins features a portrait of Queen Elizabeth II, a key characteristic distinguishing the denomination. Printing process: The entire banknote is printed using a single-color intaglio engraving in bright red, with fine, three-dimensional textures and rich ink coverage. There are no signs of discoloration, wear, stains, creases, or any other signs of circulation damage.

Blank Reverse Side

The reverse side of the banknote is completely blank, printed only on high-strength, off-white cotton paper. There are no individual patterns, text, watermarks, or security threads. Only a slight trace of the red ink on the front is visible through the cover, a characteristic of the unified design of all 1945 Hong Kong government fen coins.

Complete Specifications of the Collection

Issuing Authority Financial Secretary of the Hong Kong Government (British)
Issuance Period 1945 (No year on the banknote)
International Catalogue Number Pick #323
Version Code KNB12a George VI Post-War Original 10 Cent Note
Face Value 10 Cents
Printing Method Single-sided intaglio printing, blank reverse
Paper Material High-tenacity professional cotton banknote paper
Condition PMG 67 Superb Gem Unc EPQ - Pristine, brand new, uncirculated
HK$1,000
Certified by
PMG graded
Certification number
2190037-004
Certification website
View certification

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