Mauritius 1839 - Mauritius Commercial Bank 20 Dollars / 4 Pounds Sterling Issued & Cancelled Note (Pick S125)
Rarity is severe. PMG census lists only 15 total graded examples for Pick S125 across all grades and subtypes. Surviving raw pieces in private hands and institutions likely number only a handful more. Combining these yields an estimated total population of approximately <10 extant issued-and-cancelled examples in all conditions, placing the type squarely in the R8 range of rarity. As an intact, fully issued, pre-1840 Mauritius note from the formative period of the island’s banking history, this piece stands as a museum-grade cornerstone for early Indian Ocean finance and colonial economic studies. Read more →