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1 Pound

Issuer St. Mary's Parochial Bank
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Shape Rectangular
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Reverse description The reverse is essentially plain, printed on white cotton paper with a large central watermark vignette of the Jersey coat of arms — three lions passant guardant — visible in relief within a decorative oval frame, surrounded by a zigzag guilloche border along the outer edges. The design is unprinted save for the watermark device, giving the reverse a stark, unadorned appearance typical of early parochial issue notes.
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Protection type Watermark
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St. Mary's Parochial Bank was one of several Jersey parish banks that issued their own notes during the early nineteenth century — a distinctly local arrangement rooted in the island's constitutional separation from the United Kingdom banking framework. These institutions operated outside the reach of British banking legislation, giving small parish-level bodies an authority that would have been legally impossible on the mainland.

Pick 328 is among the rarer Jersey parish issues. St. Mary is one of the island's smallest parishes, and the volume of notes this bank placed into circulation was necessarily limited by the scale of its catchment. Local printing kept production costs down but also means surviving examples often show the idiosyncrasies of small-press work.