Catalog
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| Issuer | British Armed Forces |
|---|---|
| Year | 1962 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Pound sterling (1158-1971) |
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| Obverse description | Red and blue letterpress voucher with a large central guilloche underprint bearing the denomination numeral "2/6" in blue. The series title and issuer name appear across the top, with serial numbers in two rows flanking the centre. Denomination in words repeated in the lower left and right corners, with an Army Council issuance notice at foot. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | 4TH SERIES 2/6 TWO SHILLINGS 2/6 SIX PENCE This note is valid only for transactions within official canteens and organisations laid down in the G.R.Os of the theatre. Except as may be expressly provided in the G.R.Os it must in no circumstances be offered to any person who is not entitled to use British service canteens. Improper use of this note is a disciplinary offence and may render the offender liable to penalties. THREE PENCE |
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| Comments |
British Armed Forces Special Vouchers — universally called BAFSVs — were not legal tender and could not be exchanged at civilian banks. That was precisely the point. The voucher system existed to prevent sterling from leaking into local economies near British garrisons, a persistent problem during the postwar years when black market exchange rates made ordinary soldiers unwitting participants in currency arbitrage.
The 4th Series was introduced in 1962 and remained in use through BAOR stations in Germany, Cyprus, and various Far East postings. These notes were periodically demonetized and replaced with new series specifically to defeat hoarding and forgery — any vouchers not surrendered during a changeover became worthless overnight.