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| 背面描述 | Green intaglio-printed reverse dominated by the bold central guilloche panel bearing the denomination 'ONE POUND' in ornate lettering, with the issuer inscription 'THE NETHERLANDS BANK OF SOUTH AFRICA' arching above and 'OF SOUTH AFRICA' below the central vignette. The coat-of-arms appears in the upper left corner, an interlaced monogram medallion occupies the upper right, and elaborate lathe-work guilloche rosettes fill the corner numerals '1' within scalloped frames throughout the design. |
| 背面铭文 | THE NETHERLANDS BANK ONE POUND OF SOUTH AFRICA 1 |
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The Netherlands Bank of South Africa was not a central bank but a commercial institution incorporated under Dutch capital, operating branches across the Transvaal and Cape Colony. By 1920 it was already in a consolidating phase — South African banking had been reshaped dramatically in the decade following Union, and several smaller foreign-backed banks were quietly winding down their note-issuing operations around this period.
Bradbury, Wilkinson printed for dozens of colonial and quasi-colonial banks simultaneously from their New Malden works, and the quality of their intaglio work is consistent across the series. P#S632 falls within their standard commercial bank contracts of the early interwar years.