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1 Pound Jersey Bank - Baudains
| Issuer | Jersey Bank (Michel Baudains) |
|---|---|
| Year | 1813-1815 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Jersey Bank / Promise to pay the Bearer on Demand the Sum of ONE POUND in A BANK OF ENGLAND NOTE / For Michel Baudains / Jersey the day of / ONE POUND |
| Reverse description | Plain unprinted reverse. |
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| Comments |
Michel Baudains operated one of several private banks issuing notes in Jersey during the Napoleonic Wars, when disrupted trade and a shortage of coin made small-denomination paper a practical necessity. These were not chartered institutions — they were essentially personal promises to pay, backed by the issuer's commercial reputation rather than any regulatory framework.
The Jersey Bank series issued under Baudains's name ran only a few years before collapsing, and surviving notes are rare precisely because redemption and destruction were the intended endpoint. JN#22 is among the more elusive of the local private issues from this period.