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1 Pound Guernsey Bank - Bishop de Jersey and Co.

Issuer Bishop de Jersey & Co. (Guernsey Bank)
Year 1809
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Currency Pound (1808-1971)
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Obverse lettering ONE Guernsey Bank Promise to pay Mr Alex Newton or Bearer on demand the sum of One Pound in BANK OF ENGLAND NOTE. Guernsey the 20th day of March 1809 For Bishop de Jersey & Co.
Reverse description Blank, unprinted.
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Comments

Bishop de Jersey & Co. operated the Guernsey Bank from around 1797, making it one of the earliest private banking ventures on the island. This 1809 pound note predates any formal banking regulation on Guernsey by decades — the island's financial sector remained largely outside the reach of British mainland legislation well into the nineteenth century, a consequence of Guernsey's distinct constitutional position as a Crown dependency rather than a part of the United Kingdom.

Private bank failures across Britain and Ireland in the 1820s and 1830s wiped out countless issuers of this type, and surviving examples from small Channel Island private banks are genuinely rare. Bishop de Jersey & Co. itself did not survive the century.

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