Bank of Ceylon
1845-1849 Colombo

The Bank of Ceylon came into existence around 1840 but had no authority to issue notes till local Government passed Ordinance No 23 of 1844.

This set of Proofs appear to newer than a BoC 1 Pound Proof from the British Library Philatelic Collection. This Proof has will receive rather than Promise to pay, is signed For the Directors & Company rather than By order of the Court of Directors, has the name of the Bank in Sinhala and Thamil, and the BoC logo has an unexpected Camel.

No issued notes are known from this set. British Museum has a unsigned £2 with a serial number. Others known are specimen Proofs on card.

Denomination: 1 £
English : One Pound
Sinhala පවඬ් එකයි
Thamil ஒரு பவுன்ட்
Size : 203 x 127 mm
Date : 18(44)
Status : Proof on Card
Pick-lk S111
Denomination: 2 £
English : Two Pounds
Sinhala පවඬ් දෙකයි
Thamil இரண்டு பவுன்ட்
Size : 224 x 129 mm
Date : 18(44)
Status : Remainder
Pick-lk Unlisted
Denomination: 5 £
English : Five Pounds
Sinhala පවඬ් පහයි
Thamil ஐந்து பவுன்ட்
Size : 203 x 127 mm
Date : 18(44)
Status : Proof on Card
Pick-lk S112
Denomination: 10 £
English : Ten Pounds
Sinhala පවඬ් දහයි
Thamil பத்து பவுன்ட்
Size : 203 x 127 mm
Date : 18(44)
Status : Proof on Card
Pick-lk S113
Denomination: 20 £
English : Twenty Pounds
Sinhala පවඬ් විසසයි
Thamil இருபது பவுன்ட்
Size : 203 x 127 mm
Date : 18(44)
Status : Proof on Card
Pick-lk S114
Denomination: 50 £
English : Fifty Pounds
Sinhala පවඬ් පනහයි
Thamil ஐம்பது பவுன்ட்
Size : 203 x 127 mm
Date : 18(44)
Status : Proof on Card
Pick-lk S115

Front : On top Center Bank of Ceylon with on either side numeric value in shaded ellipse with Sinhala  ලංක මුදල් නිධානය in arc above and Thamil  பஙக்ஒவ்சீலோன் in arc below. Crowned British Royal Coat of arms within belt with legend HONO SOIT QUI MAL Y PENSE supported by lion on left and unicorn on right. Lion standing left on crown. Below DIEU ET MON DROIT in scroll.
On either side No Serial
images/boc_logo2.jpg On left in circular logo, Britannia with helmet seated facing forward, Shield with Union Jack under her right hand, lion sleeping right and a rolled package near her feet in front. Trident pointing up in left hand. Behind from left to right Camel standing right covering part of a Sailing ship behind, two coconut palms, Elephant standing right, and steam boat with sails down. All within belt represented by two plain circles between which legend INCORPORATED BY ROYAL CHARTER above and a buckle at bottom.
Above COLOMBO _______18___.
To right THE BEARER hereof will receive VALUE POUNDS on demand at the Bank of Ceylon in the Currency of the Island. COLOMBO _______18___. Above value  පවඬ් ...යි in Sinhala and below  பவுன்ட் in Thamil.
Below For the DIRECTORS & COMPANY above two lines for Signature with Director and Manager on right
On left within shaded decorate value in Words VALUE POUNDS with value above  පවඬ් ...යි in Sinhala and below  பவுன்ட் in Thamil.
Exd & Entd _____ with Accountt below on right
Only in the highest denomination £50 note FIFTY centered under-print.
In bottom middle in small text Perkins Bacon & Petch, London. Patent Hardened Steel Plate.

Back : Blank ?
WaterMark
WaterMark: BANK OF CEYLON in downward arc above COLOMBO in an upward arc below within a scaloped rectangle made up of 15 each horizontal above and below and 8 each vertical on left and right with additional 4 diagonal in corners. Click £2 image. Printed : Perkins Bacon & Petch, London.
Size : The Proof are on cards 8x5 inches or about 203x127 mm. with the outer limits of the printed design being 7½x4½ inches or about 190x114 mm, with margins of ¼ inch, larger on the £2 note in BM.

Note that except for the last thamil character ட் where "dot" is within rather than above, the "dot"s above the Thamil characters are missing from the printed Thamil Text of Value. These "dot"s are in Name of bank which has been transliterate in Thamil as "Paṅakovcīlōṉ" rather than Translated as in Sinhala as "Lanka Cash Treasury".

The Bank of Ceylon was founded in 1840; a branch was opened in Colombo in 1841 June, and another in Kandy in 1843. If Notes were issued for Kandy is unknown, See extract on production contained in surviving records of the firm held at the Royal Philatelic Society (RPS), London. The Bank of Ceylon was taken over by the Oriental Bank in 1849. The Bank of Western India had been founded in 1842 in Mumbai and was reconstituted in 1845 as the Oriental Bank, moving its head office to London and issued notes in Ceylon since 1846.

The 2011 Spink Auction of 19th Century Ceylon Notes listed Five of Specimen Proofs on card of Pound  1, 5, 10, 20, and 50. On the day of this Spink Auction, the anonymous owner of collection cancelled it.

The Banknote Auction catalogs don't give size of the notes. In 2016 while searching the British Museum catalog to find sizes, I noticed the Bank of Ceylon £2 listed. I thank Thomas Hockenhull of British Museum for having it imaged and confirming it's size, WaterMark imaged with permission in Study Room on 2023 May 25th.

Text from
Paper Money for Ceylon Printed in England by V. H. Hewitt, Pages 255-272
Origin, evolution, and circulation of foreign coins in the Indian Ocean.
Proceedings of the numismatic workshop : Colombo, 1994 September 8-10
edited by Osmund Bopearachchi and D. P. M. Weerakkody
Auction Images at 62;dpi displayed at 50 dpi. British Museum image at 84;dpi displayed at 50 dpi.

Please contact kavan @ gmail.com if I have made errors in encoding the Thamil in Unicode.