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10 Shillings - George V

Issuer East African Currency Board
Year 1921
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse lettering THE EAST AFRICAN CURRENCY BOARD TEN SHILLINGS THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT MEMBERS OF THE EAST AFRICAN CURRENCY BOARD Mombasa 15th December 1921
Reverse description A central oval vignette carries a striding lion facing left, with mountains in the background, set against a finely engraved guilloche ground printed in green. Circular denomination counters bearing the numeral 10 appear at the lower left and right of the central vignette, with ornate geometric rosette panels filling each corner. The denomination TEN SHILLINGS is inscribed in banner panels above and below the central vignette.
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The East African Currency Board was a London-administered body managing currency across British East Africa, Uganda, and Zanzibar — notably without a central bank behind it, meaning these notes were backed by sterling assets held in London rather than by any local reserve institution. The 1921 date places this squarely in the post-WWI reorganization of East African monetary arrangements, when the rupee-based system was being wound down in favor of the florin and then the shilling.

P#14 is among the earliest shilling-denominated issues from the Board. Surviving examples are genuinely scarce — the combination of tropical climate, the practical demands of colonial commerce, and low original print runs took a severe toll on the paper.

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