Catalog
1 Pound
| Issuer | Volkskas Beperk / Volkskas Limited |
|---|---|
| Year | 1949-1958 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | VOLKSKAS BEPERK GEREGISTREERDE HANDELSBANK BELOOF OM TE WINDHOEK AAN TOONDER OP AANVRAAG TE BETAAL 1 VOLKSKAS LIMITED REGISTERED COMMERCIAL BANK PROMISES TO PAY TO BEARER ON DEMAND AT WINDHOEK EEN POND ONE POUND 1 SEPTEMBER 1958 EIN PFUND OP LAS VAN DIE RAAD VAN DIREKTEURE BY ORDER OF THE BOARD OF DIRECTORS HOOFAGENT CHIEF AGENT HOOFBESTUURDER GENERAL MANAGER HIERDIE BANKNOOT IS 'N WETTIGE BETAALMIDDEL EN IS GEDEK DEUR SEKURITEIT WAT BY DIE SEKRETARIS VIR SUIDWES-AFRIKA GEDEPONEER IS KRAGTENS DIE BANKEPROKLAMASIE 1930 THIS NOTE IS LEGAL TENDER AND IS COVERED BY SECURITY LODGED WITH THE SECRETARY FOR SOUTH WEST AFRICA IN TERMS OF THE BANKS PROCLAMATION 1930 WATERLOW & SONS LIMITED LONDON |
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| Reverse lettering | VOLKSKAS BEPERK VOLKSKAS LIMITED 1 ARBEIDSAAMHEID EEN POND ONE POUND EIN PFUND WATERLOW & SONS LIMITED LONDON |
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| Comments |
Volkskas — literally "people's treasury" — was founded in 1934 by Afrikaner nationalist organizations as a deliberate alternative to the British-dominated commercial banking sector. Its banknote-issuing rights made it one of the few private South African banks still printing its own currency into the 1950s, a privilege that effectively ended with the establishment of the South African Reserve Bank's monopoly on note issue.
Waterlow & Sons handled the printing throughout the series run. The plates used for this issue were shared across multiple denominations, a cost-saving arrangement common to smaller colonial and post-colonial issuers working with London security printers at the time.