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200 Pounds White, 1778 issue

Emittent Bank of England
Jahr 1778-1807
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Nennwert 200 Pounds
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Vorderseitenbeschreibung A vignette of Britannia seated appears at the upper left, serving as the principal device of the note. The body of the note is filled with a handwritten and printed promise of payment issued by the Governor and Company of the Bank of England, with the sum of Two Hundred Pounds stated in both words and figures. The note is unprinted on the reverse, conforming to the classic "white note" format characteristic of early Bank of England issues.
Vorderseitenlegende [17]93 BANK 9 April 1793 I Promise to pay to_ or Bearer on Demand the Sum of TWO HUNDRED Pounds London on the 9 day of April 1793 For the Govr and Compa of the Bank of England £TWO HUNDRED Ent.d
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Anmerkungen

Bank of England "white notes" of this period were handwritten instruments, not printed ones in any modern sense — the body text was engraved and press-transferred, but the payee name, date, cashier's signature, and serial number were all added by hand at the point of issue. A cashier's clerk filled in each note individually, which means no two examples from this run are identical in the way a printed note would be.

The £200 denomination placed this firmly in the world of merchant banking and large commercial settlements. Retail trade never saw notes of this size. The 1797 suspension of cash payments — when the Bank stopped redeeming notes in specie due to wartime financial pressure — affected the entire white note series, and circulation patterns shifted accordingly during the long Restriction Period that followed.

Forgery of these notes was a capital offence, and executions for uttering forged Bank of England paper continued into the 1820s.

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