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1 Pound

Issuer Standard Bank of South Africa Ltd., Durban
Year 1889
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Composition Cotton paper
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Obverse lettering THE STANDARD BANK OF SOUTH AFRICA LIMITED
Promise to pay the Bearer on Demand at their Office here ONE POUND value received
By order of the Board of Directors
DURBAN
1st March, 1889
Managers Account
Reverse description The reverse design has not been captured in the available imagery; no description can be provided without a confirmed visual or catalog reference for this specific note.
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Comments

W.W. Sprague & Co. produced fine commercial banknote work for numerous colonial institutions in the late nineteenth century, and this Durban-branch issue is among their earlier South African commissions. The note predates the formation of the Union of South Africa by over two decades, issued at a time when the Standard Bank operated through distinct regional branches, each with its own headed notes — Durban, Port Elizabeth, Cape Town, and others all issued separately.

Branch-specific pounds from this period are considerably scarcer than the later unified issues, as individual branch circulation pools were small and redemption rates high.

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