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1 Pound

Uitgever National Bank of South Africa Ltd.
Jaar 1915-1920
Type Standard circulation banknote
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Opschrift voorzijde THE NATIONAL BANK OF SOUTH AFRICA LIMITED
Promise to pay the Bearer on Demand at their Office
ONE POUND
VALUE RECEIVED
1st January, 1915
JOHANNESBURG
BY ORDER OF THE BOARD OF DIRECTORS
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde THE NATIONAL BANK
OF
SOUTH AFRICA LIMITED
ONE
POUND
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Opmerkingen

The National Bank of South Africa Ltd. was a commercial institution, not a central bank — its notes circulated alongside those of rival private banks until the South African Reserve Bank absorbed the currency-issuing function in 1921. This series straddles that transition directly. Notes dated toward the end of the range were issued knowing full well the bank's days as a note-issuer were numbered.

Waterlow & Sons had a long run of southern African commercial bank work by this period, producing secure, competent printing at competitive cost. The watermark security on this series was modest by contemporary standards — Waterlow was capable of considerably more elaborate work, but private bank contracts rarely demanded it.

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