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10 Pounds White, signature in watermark
| Issuer | Bank of England |
|---|---|
| Year | 1855-1870 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Bank of England I promise to pay the Bearer on demand the Sum of Ten Pounds London For the Govr. and Compa. of the Bank of England |
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| Protection type | Watermark |
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| Comments |
The "White Note" series from this period was hand-signed — each example bears the signature of a cashier, written in ink at the time of issue, which makes no two notes strictly identical. The Bank of England maintained this practice long after it had been abandoned by most other institutions, partly from institutional conservatism and partly because the liability model of the period placed individual accountability on named cashiers.
The watermark in these notes incorporates the signature field as a security device — counterfeiting attempts in the mid-nineteenth century were largely defeated not by complex intaglio work but by the quality of the Portals paper, which the Bank had sourced exclusively from the Laverstoke Mill in Hampshire since 1724.