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1 Pound

Issuer States of Guernsey
Year 1829
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Reference(s) P#A1
Obverse description Intaglio-printed note in black on white paper, with the heading 'Guernsey' in ornate script at centre top and the date '10th July 1829' below. A central coat of arms vignette is flanked by two allegorical female figures, with guilloche oval counters bearing the word 'ONE' in each upper corner and a large guilloche panel at the bottom centre. The text reads 'THE STATES OF GUERNSEY Promise to pay the Bearer on Demand ONE POUND. Value received. By Authority of the States.'
Obverse lettering Guernsey
THE STATES OF GUERNSEY Promise to pay the Bearer on Demand ONE POUND.
Value received. By Authority of the States.
ONE
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Comments

Perkins, Bacon & Petch — later the long-running Perkins, Bacon & Co. — had only recently established their London engraving operation when this note was produced, having relocated from Philadelphia in 1819. Jacob Perkins brought with him his steel-plate engraving process, which was genuinely revolutionary for banknote security at the time: the hardened steel allowed far finer detail than copper and permitted near-unlimited impressions without plate degradation.

Guernsey's fiscal autonomy from the British Crown meant the States could issue their own currency independently of the Bank of England — a privilege they exercised cautiously. The A1 designation suggests this is among the earliest catalogued paper issues for the island.