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| 正面描述 | Green and pale ochre intaglio-printed note with an elaborate guilloche border framing the entire design. A central vignette presents an engraved tropical landscape with a tall palm tree and low scrubland, flanked by the bold arched legend THE WEST AFRICAN CURRENCY BOARD and the promise-to-pay text in scroll banners. The denomination numeral 10 appears in large intaglio figures at the left, with the place of issue LAGOS and a hand-written date below, while four manuscript signatures of the Board members are inscribed to the right alongside the caption MEMBERS OF THE WEST AFRICAN CURRENCY BOARD. |
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| 防伪类型 | Watermark |
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The West African Currency Board was a distinctly colonial mechanism — established in 1912, it issued notes backed pound-for-pound by sterling reserves held in London, meaning the territories (Nigeria, Gold Coast, Sierra Leone, The Gambia) exported capital every time currency entered local circulation. The arrangement was profitable for Britain and frequently criticized by economists studying post-war monetary reform in Africa.
Waterlow & Sons held the contract through this entire issue span, a period covering the Depression, the Second World War, and the early stirrings of West African nationalism. The watermark security was modest by contemporary standards, reflecting assumptions about the sophistication of would-be forgers in the region rather than any technical constraint on Waterlow's part.