Catalog
1 Pound - Cephalonia
| Issuer | Ionian Bank |
|---|---|
| Year | 1840 |
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| Value | 1 Pound |
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| Composition | Log in to see details |
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| Obverse description | At the top of the note, the bank arms are flanked by the flags of Great Britain and Greece. The design is accompanied by bilingual inscriptions in both Greek and English. |
|---|---|
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| Reverse description | Reverse is blank. |
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| Comments |
The Ionian Bank was chartered in London in 1839 specifically to serve the Ionian Islands, then a British protectorate. Its early notes — of which this 1840 Pound is among the first issued — circulated in a monetary environment where the Maria Theresa Thaler and various Venetian-era silver coins still commanded more local trust than any paper instrument.
The Cephalonia designation matters: branches issued independently, making place-specific examples genuinely distinct from Corfu or Zante counterparts of the same series. P#S111 is among the rarest branch designations to surface in the market.