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1 Pound

Issuer States of Guernsey
Year 1945-1966
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Currency Pound (1808-1971)
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Obverse description Purple on green guilloche underprint. Central vignette of St. Peter Port harbour with Castle Cornet in the background, rendered in fine intaglio engraving. A large green £1 numeral medallion appears at centre below the vignette, with the title 'THE STATES OF GUERNSEY' in an arched panel at top and the promise-to-pay legend distributed across the lower half of the note, flanked by 'ONE' corner panels.
Obverse lettering THE STATES OF GUERNSEY GUERNSEY PROMISE TO PAY THE BEARER ON DEMAND £1 VALUE RECEIVED BY AUTHORITY OF THE STATES
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Comments

Guernsey's postwar £1 series bridged a peculiar administrative gap: the island had issued its own occupation currency under German control from 1941–1944, and the resumption of sterling-linked notes after Liberation required a complete institutional reset. These notes, printed by Perkins Bacon — a firm better known for stamp engraving than banknote production — served an island economy rebuilding its financial credibility alongside its physical infrastructure.

The series ran for over two decades without major revision, which is itself telling. Guernsey's insular authorities saw little political pressure to redesign until the broader Channel Islands currency modernization of the mid-1960s forced the issue.

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