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1 Pound Guernsey Banking Company
| Issuer | Guernsey Banking Company |
|---|---|
| Year | 1872-1887 |
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| Printer | Perkins, Bacon & Petch (Perkins, Bacon and Co.), United Kingdom (1820-1935) |
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| Obverse description | The obverse is engraved in intaglio and carries the bank title 'The Guernsey Banking Company' in script across the upper register, flanked by the Guernsey arms vignette at upper left and a seated allegorical female figure at upper right. A central vignette portrays a harbour scene with sailing vessels and a coastal fortification, set between the denomination words 'ONE' and 'POUND' in bold letterpress panels. The lower section bears manuscript date 'Guernsey August 1st 1887', matched serial numbers at left and right, and two manuscript signatures above the printed titles 'Manager' and 'Chairman' respectively, within a fine guilloche border frame. |
|---|---|
| Obverse lettering | The Guernsey Banking Company Promise to pay the Bearer on Demand the Sum of ONE POUND Value received GUERNSEY For the Guernsey Banking Company MANAGER CHAIRMAN ONE ONE |
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| Comments |
The Guernsey Banking Company was the island's first joint-stock bank, founded in 1837 at a time when Guernsey's financial infrastructure was still largely informal. Perkins, Bacon & Petch — responsible for a substantial share of colonial and small-nation currency printing in the Victorian period — produced the plates using their steel intaglio process, the same technique that made their banknote and stamp work difficult to counterfeit by the standards of the day.
The bank itself was absorbed into the Midland Bank network in 1914, ending independent Guernsey banking. Notes from the 1872–1887 window are the last issued before a consolidation period that would eventually eliminate most private Channel Island issuers entirely.