BRITISH NORTH BORNEO. British North Borneo Company. $10, 1.12.1926. P-5c.(KNB8) This important offering shows this larger format note in a lovely state of preservation with a dark protector under-print at center and strong overprinted details. The first we have handled for the denomination and certainly the most pleasing we will likely offer for some time. Deeply watermarked paper is noticed and only some minimal staining detracts. The note pairs quite well with the Five Dollar denomination we are also offering and will certainly be a lot carefully watched by advanced collectors.PMG Very Fine 25 Net. Stains.