1 Pound Propaganda Note

A forgery of the British one pound note, produced by Germany under Operation Bernhard — initially conceived as a Luftwaffe airdrop campaign to destabilize the British economy, though the plan was never executed at scale. The actual printing was carried out by concentration camp prisoners at Sachsenhausen, many of them professional counterfeiters and printers recruited under duress.

Quality was high enough to deceive British banks. Some notes entered circulation through neutral countries, particularly via SS financial networks in Switzerland and the Balkans, used to fund covert operations rather than the original mass-drop scheme.