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5 Pounds
| Issuer | Netherlands Bank of South Africa |
|---|---|
| Year | 1920 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | THE NETHERLANDS BANK OF SOUTH AFRICA PROMISE TO PAY THE BEARER ON DEMAND AT THEIR OFFICE AT PRETORIA FIVE POUNDS VALUE RECEIVED By Order of the Board of Directors GENERAL MANAGER MANAGING DIRECTOR FIVE POUNDS 5 POUNDS |
| Reverse description | Executed in dark olive-green intaglio, the reverse is dominated by intricate lathe-work guilloche forming an elaborate geometric frame across the entire surface. The bank's coat of arms with two rampant animals occupies the upper-left vignette, while a large cursive monogram appears in the upper-right corner, and the denomination FIVE POUNDS in gothic script is centred over a dense guilloche underprint incorporating a large numeral 5. The lower border carries the inscription PRETORIA OF SOUTH AFRICA ISSUE. |
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| Comments |
The Netherlands Bank of South Africa (Nederlandsche Bank en Credietvereeniging voor Zuid-Afrika) was a Dutch colonial commercial bank, not a central bank, and had no connection to the later Reserve Bank of South Africa established in 1921. Its banknotes circulated primarily in the Cape and Natal commercial sectors, competing with English and South African bank issues in a crowded pre-Union and early post-Union currency environment.
By 1920, the bank's days of issue were effectively closing out — the South African Reserve Bank's formation made private bank note issue increasingly untenable. A late-issue 5 Pounds from this institution carries the weight of institutional obsolescence.