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5 Pounds

Issuer Government of St. Helena
Year 1998
Type Standard circulation banknote
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Reverse description The reverse carries two substantial intaglio heraldic vignettes set against a fine guilloche ground. At left, the arms of the East India Company are rendered with two lion supporters flanking a quartered shield surmounted by a rampant lion crest, with flanking flags and a motto ribbon below; at right, the colonial seal of Saint Helena presents a cartouche enclosing a sailing ship navigating rocky coastal waters. The £5 denomination numeral appears to the left of the seal, with a large decorative guilloche '5' element occupying the far right.
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Protection type Watermark
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Comments

St. Helena's 1998 note issue came after decades of the island using pound sterling notes issued by the St. Helena Government — a currency arrangement reflecting its status as a British Overseas Territory with no central bank of its own. Thomas De La Rue has printed St. Helena's notes through virtually every series, making this a long-standing exclusive relationship that shows no signs of changing.

The P#11 designation places it within the island's third distinct series. For a population that has never exceeded 5,000, the practical circulation volumes were tiny — and most notes that left the island did so in collectors' hands rather than traders'.

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