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1 Pound
| Issuer | Government of Malta |
|---|---|
| Year | 1914 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | GOVERNMENT OF MALTA ONE POUND STERLING This Note, issued under the authority of Ordinance No. VIII of 1914, assented to by his Excellency the Governor with the special permission of His Majesty the King, is legal tender for all purposes, and is convertible into gold at the Treasury on days to be notified by Government Notice. 14th September, 1914. By Command JOHN E. CLAUSON Lieutenant -Governor and Chief Secretary to Government £ ONE |
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| Protection description | Embossed official seal of Malta applied at center of note |
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| Comments |
Malta's 1914 Pound notes were issued under British colonial authority at the outbreak of the First World War, when the disruption of normal banking channels created an acute shortage of circulating currency across the island. The Government of Malta stepped in directly — bypassing the commercial banking system — to issue these emergency treasury notes, which is why the issuer is the colonial government rather than a chartered bank.
The embossed seal was the primary — and essentially only — security measure, a minimal safeguard that reflects both the urgency of production and the limited counterfeiting risk the authorities anticipated in a small, closely administered island colony.