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1 Pound

Issuer Bank of Ghana
Year 1958-1962
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Reference(s) P#2
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Obverse lettering BANK OF GHANA £1 THIS NOTE IS ISSUED ON STATUTORY AUTHORITY AND IS LEGAL TENDER IN GHANA FOR THE PAYMENT OF ANY AMOUNT ONE POUND ACCRA DIRECTOR GOVERNOR
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Reverse lettering £1
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Comments

Ghana's first banknote series, issued on independence in 1957 and running through 1962, was denominated in pounds sterling — a deliberate transitional choice that kept the new nation's currency legible to trading partners while the political break from Britain was still fresh. The pound series was retired when Ghana decimalized and introduced the cedi in 1965, making the entire P#1–4 run short-lived by design.

Thomas De La Rue produced the plates in London, as they did for the majority of newly independent African states during this period — Ghana was far from unique in that arrangement. Paper quality is known to degrade unevenly in West African humidity, and circulated survivors frequently show toning along the folds.

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