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1 Pound
| Issuer | National Bank of South Africa Ltd. |
|---|---|
| Year | 1900-1920 |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | NATAL ISSUE THE NATIONAL BANK OF SOUTH AFRICA LIMITED Promise to pay the Bearer on Demand at their Office DURBAN ONE POUND VALUE RECEIVED. 3rd January, 1918 BY ORDER OF THE BOARD OF DIRECTORS. |
| Reverse description | The reverse is printed in a single blue-green tone and displays a large central vignette of a map of Africa surrounded by an elaborate allegorical scene with figures, palm trees, and elephants, all enclosed within intricate lathe-work guilloche borders. The denomination numeral '1' appears in ornate cartouches at the left and right margins, with the words 'ONE' and 'POUND' inscribed vertically alongside. The bank name 'THE NATIONAL BANK OF SOUTH AFRICA LIMITED' is divided across the top arc and a lower straight panel, framing the central composition. |
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| Comments |
The Columbian Bank Note Company of Chicago printed relatively few banknote contracts for non-American clients, making this series an outlier in the printer's portfolio. The National Bank of South Africa Ltd. was a commercial institution, not a central bank, and its notes circulated alongside those of several competing private banks during a period when South Africa had no unified currency authority — that consolidation only came with the South African Reserve Bank Act of 1920.
The date range spans the Anglo-Boer War's aftermath and the long transition toward Union-era monetary reform. Notes from the earlier years of this span are considerably scarcer than those from the 1910s.