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10 Shillings

Issuer States of Guernsey
Year 1934-1940
Type Standard circulation banknote
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Obverse description Blue and pale guilloche underprint on a white ground, with the heading THE STATES OF GUERNSEY in bold letterpress across the top flanked by denomination numerals 10/- in each corner. A large intaglio-style red numeral 10/- occupies the centre, overlaid by the text GUERNSEY, the promise-to-pay legend, and value-received clause. Serial numbers appear at upper left and upper right, with the date and Treasurer signature at lower right.
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Reverse lettering S`BALLIVIE INSULE DE GERNEREVE
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Comments

Guernsey's interwar 10 Shillings notes occupy an unusual position in Channel Islands monetary history: the island retained its own currency authority throughout the 1930s while remaining constitutionally outside the United Kingdom's financial system. Perkins, Bacon & Petch — better known for security printing of postage stamps and colonial banknotes — handled production from their London works, a logical choice given the firm's long relationship with small-denomination high-security documents.

German forces occupied Guernsey in June 1940, and notes from this series remained in circulation under occupation, eventually supplemented by the distinctive German-sanctioned Guernsey issues. Surviving pre-occupation examples in circulated grades often show the wear of that prolonged wartime use.

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