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10 Shillings

Issuer Standard Bank of South Africa Limited
Year 1931-1954
Type Standard circulation banknote
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Reverse description The reverse carries a central vignette of three kudu antelopes set against a mountainous landscape with trees, printed in green. Bilingual text in English and Afrikaans with the issuing bank's name appears alongside the denomination, enclosed within a guilloche border consistent with the obverse design.
Reverse lettering THE STANDARD BANK OF TIEN SOUTH AFRICA LIMITED SHILLINGS TEN DIE STANDARD BANK VAN SHILLINGS SUID AFRIKA BEPERK WATERLOW & SONS LIMITED, LONDON.
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The Standard Bank of South Africa Limited was a commercial institution incorporated in London — not a central bank — and its right to issue notes in South Africa persisted well into the Union period, alongside competing issues from Barclays (DCO) and the Nederlandse Bank van Suid-Afrika. This series ran across two decades and multiple political shifts, including South Africa's departure from the sterling bloc in 1932 following Britain's suspension of the gold standard the previous year.

Waterlow & Sons had a long relationship with South African commercial bank printing. The 23-year date span on this issue reflects reuse of the same plate design across successive printings rather than continuous uninterrupted production.