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1 Pound
| Issuer | Government of Gibraltar |
|---|---|
| Year | 1927-1975 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | The reverse is printed entirely in green, centred on a finely engraved coat of arms of Gibraltar — a castle above a key on a shield — enclosed within a circular guilloche border bearing the motto "MONTIS INSIGNIA CALPE". The shield is surrounded by elaborate lathe-work rosettes and scrolled ornamental panels, with large sterling pound symbols at left and right and the denomination "ONE POUND" in a rectangular cartouche at the foot. |
| Reverse lettering | MONTIS INSIGNIA CALPE ONE POUND |
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| Comments |
Gibraltar's currency has never been issued by a central bank — the Government of Gibraltar itself has always acted as the direct monetary authority, an arrangement rooted in the territory's colonial status rather than any deliberate financial architecture. This note circulated across a long series spanning nearly five decades, during which the design plates saw only minor revision. De La Rue held the printing contract continuously throughout, which was standard practice for British dependent territories of the period.
The longevity of the P#12 series is itself the notable detail: few government-issued pound notes anywhere remained in active production this long without a fundamental redesign.