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The British North Borneo Company had the right to produce coin under its Royal Charter, granted in 1881. It had 1 cent coins struck in England from 1882 and 1/2 cent pieces from 1885. These coins were linked to the silver dollar as used in the Straits Settlement and Hong Kong. In 1904 the Company moved from the use of bronze to copper-nickel for the 1 cent. The one cent coin was struck in copper (or bronze according to some sources) between 1882 and 1907, and cupro-nickel from 1904 to 1941. The last 1 cent coins were issued in 1941, with the Japanese invasion in 1942 ending the series. The occupation until 1945 ended the Company's control. The area became a British Colony after liberation. The currency of the British North Borneo Company was demonetized on 1st September 1953, after which date the currency of the Board of Commissioners of Currency Malaya and British Borneo became sole legal tender. The latter was gradually replaced by the coinage issued by Bank Negara Malaysia which was introduced in Sabah in 1967 and finally became sole legal tender on 16th January 1969. | ||||
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Country | North Borneo |
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Currency | British North Borneo Dollar |
Sub-types |
One Cent (Copper) One Cent (CuproNickel) |
From | 1882 |
To | 1941 |
Face Value | 1 (x Cent) |
Current | No (demonetised 1953) |
Material | |
Designer | |
Technology | Milled (machine-made) |
Shape | Round |
Size | |
Mass |
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Image | Details |
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Coin - 1 Cent, British North Borneo Company, 1887
Copyright: Museums Victoria / CC BY Author: Heath Warwick Notes: Bronze one cent, reverse (1882 - 1907). Source |
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Coin - 1 Cent, North Borneo, 1941
Copyright: Museums Victoria / CC BY Author: Heath Warwick Notes: Copper-nickel one cent, reverse (1904 - 1941). Source |
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Coin - 1 Cent, British North Borneo Company, 1887
Copyright: Museums Victoria / CC BY Author: Heath Warwick Notes: Bronze one cent, obverse (1882 - 1907). Source |
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Coin - 1 Cent, North Borneo, 1941
Copyright: Museums Victoria / CC BY Author: Heath Warwick Notes: Copper-nickel one cent, obverse (1904 - 1941). Source |