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1 Pound - British Armed Forces 1st series
| Issuer | British Armed Forces |
|---|---|
| Year | 1946 |
| Type | Vouchers |
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| Obverse description | Blue and multicolour guilloche underprint with four £1 corner vignettes. Central denomination £1 in green guilloche flanked by two red rosette underprints, serial numbers left and right. Title legend at top in pink band, authority inscription at foot, printer's imprint below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | ONE POUND THIS NOTE IS VALID ONLY FOR TRANSACTIONS WITHIN OFFICIAL CANTEENS AND ORGANISATIONS LAID DOWN IN G.R.O s OF THE THEATRE. EXCEPT AS MAY BE EXPRESSLY PROVIDED IN G.R.O s. IT MUST IN NO CIRCUMSTANCES BE OFFERED TO ANY PERSON WHO IS NOT ENTITLED TO USE BRITISH SERVICE CANTEENS. IMPROPER USE OF THIS NOTE IS A DISCIPLINARY OFFENCE AND MAY RENDER THE OFFENDER LIABLE TO PENALTIES. |
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| Comments |
British Armed Forces Special Vouchers — universally called BAFSVs — were introduced at the end of the Second World War specifically to restrict servicemen's spending power in occupied territories and prevent sterling from leaking into local black markets. The 1st series was authorised in 1946 and circulated exclusively within NAAFI canteens, military transit depots, and on-base facilities, rendering the notes worthless outside the controlled military environment.
De La Rue printed the series to a high security standard despite its deliberately limited circulation life. The vouchers were regularly replaced with new series precisely to defeat counterfeiting and hoarding — a practice that makes intact 1st series survivors genuinely uncommon.