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10 Pounds Sterling

Uitgever Cape Commercial Bank, Potchefstroom Branch
Jaar 1879
Type Standard circulation banknote
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Opschrift voorzijde CAPE COMMERCIAL BANK
POTCHEFSTROOM BRANCH
TEN POUNDS
£10
We Promise to pay the Bearer on Demand
at our Office here TEN POUNDS Sterling being for
Value received
Potchefstroom
By order of the Board of Directors.
Manager.
FOR THE DIRECTORS.
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Opmerkingen

The Cape Commercial Bank was a relatively short-lived institution that collapsed in 1890, and its Potchefstroom branch operated in what was then the Zuid-Afrikaansche Republiek — meaning this note crossed a political boundary, issued by a Cape Colony-chartered bank but payable in a Transvaal town. That arrangement was not unusual for the period, but it made these notes legally ambiguous tender in a territory that viewed foreign banking institutions with considerable suspicion.

Potchefstroom was the original capital of the ZAR before Pretoria assumed that role, which gave the branch a prominence that outlasted its political relevance. Very few branch-specific notes from the Cape Commercial Bank survive in any denomination.