10 Shillings

Malta's 1914 emergency currency was a direct consequence of the First World War's disruption to coin supplies across British colonial territories. The British government authorized local administrations to issue low-denomination paper notes to fill the gap left by hoarded or unavailable coinage — this 10 Shillings note is among the earliest surviving examples of Maltese government paper money.

The embossed seal was the sole anti-counterfeiting measure, a remarkably minimal specification even by 1914 colonial standards. Pick 3 is genuinely scarce; the small island population and limited print run, combined with wartime attrition, left few survivors in any grade.