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10 Shillings
| Issuer | Standard Bank of South Africa Limited |
|---|---|
| Year | 1896 |
| Type | Standard circulation banknote |
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| Obverse description | The note is printed in red-brown on white paper, with the bank title 'THE STANDARD BANK OF SOUTH AFRICA LIMITED' set in bold letterpress across the upper centre, flanked by ornate rosette vignettes each bearing the denomination '10/-'. A large bold-script 'TEN SHILLINGS' intaglio underprint occupies the lower field, above the promise-to-pay text specifying the Durban office and the value date of 1st October 1896, with Accountant and Manager signature lines at the base and the printer's imprint of William Brown & Co. Ltd., London. |
|---|---|
| Obverse lettering | THE STANDARD BANK OF SOUTH AFRICA LIMITED 10/- Promise to pay the Bearer on Demand at their Office DURBAN Ten Shillings Value received, 1st October 1896, By Order of the Board of Directors. TEN SHILLINGS ACCOUNTANT MANAGER William Brown & Co. Ltd. London |
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| Comments |
The Standard Bank of South Africa Limited was a commercial bank incorporated in London, and its private banknote issues for the South African market were printed there accordingly. William Brown & Co. handled several colonial and commercial bank commissions during this period, working in a competitive field alongside better-known houses like Perkins Bacon and Waterlow.
By 1896, the Witwatersrand gold rush had already transformed the Transvaal's economy, and ten shillings represented genuine purchasing power in a region where prices inflated rapidly with the mining boom. Private bank issues like this one circulated alongside government and other commercial notes in a fragmented currency environment that would not be rationalized until well after Union in 1910.