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| 正面描述 | Unilateral white note with the Bank of England's crowned royal arms vignette at upper right. The promise-to-pay text is rendered in copperplate letterpress script across the face, with the denomination "TWENTY FIVE" set in bold Gothic blackletter type at lower centre. A Britannia vignette appears at upper left, and manuscript annotations, cashier's signature, and entry stamp complete the note's face. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | Blank reverse, as is standard for Bank of England white notes of this period; the note is printed on one side only. |
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| 防伪类型 | 登录 以查看详情 |
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The so-called "White Notes" of the Bank of England were handwritten — or partially so — on distinctive laid paper watermarked with the denomination and produced entirely in-house at Threadneedle Street. For most of the eighteenth century, the Bank's cashiers signed each note individually by hand, meaning no two examples are identical in that respect. This was not tradition for its own sake: handwritten signatures were a deliberate anti-counterfeiting measure, on the theory that a forger could not reproduce a living clerk's variable hand at scale.
The theory proved optimistic. By the 1790s, forgery of Bank of England notes had become a serious criminal and social problem, one that would eventually force a complete rethink of note production in the following century. A £25 denomination was substantial — comfortably above a laborer's annual wage — so these circulated primarily between merchants and banking houses rather than in retail trade.