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10 Shillings

Issuer Government of Gibraltar
Year 1927-1965
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Currency Pound (1914-1971)
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Obverse description The Rock of Gibraltar is rendered in a finely engraved oval vignette at left, set within a guilloche border with the inscription "TEN SHILLINGS" along the lower arc. The upper portion carries the issuing authority legend in bold letterpress within an ornate frame, with the denomination repeated in each corner in numeral form "10/-"; the date, place of issue, and the Financial Secretary's signature appear in the lower centre-right, flanked by an elaborate guilloche rosette.
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Protection type Watermark
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Comments

Waterlow & Sons held the Gibraltar contract for decades, and this note's long date range — nearly forty years — reflects not prolific printing but chronic undersupply requests from a garrison colony where sterling circulated freely alongside local issues, reducing pressure to reprint frequently. Gibraltar's currency authority had no central bank; notes were issued directly by the colonial government, an arrangement that persisted long after most British territories had moved to currency boards.

The watermark remains the sole security feature, which was already conservative practice by the time the series was retired in the mid-1960s ahead of decimalization.

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