1 Pond Sterling

Nieuw Griqualand — today's Northern Cape — was a disputed diamond territory that the Cape Colony formally annexed in 1871, just three years after this note was issued. The Griqua people under Waterboer had invited British protection partly to fend off encroachment from the Boer republics, and the issuing authority here reflects that brief window of quasi-autonomous governance before Waterboer's administration was absorbed entirely.

Surviving examples of the S361 series are exceptionally rare. The government that issued them ceased to exist within a few years, there was no redemption infrastructure, and the physical volume of notes produced was small to begin with. Most of what circulated in Griqualand West in this period was commodity-based exchange anyway.