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1 Pound

Issuer Government of Gibraltar
Year 1927-1975
Type Standard circulation banknote
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Obverse lettering ISSUED BY THE GOVERNMENT OF GIBRALTAR UNDER AUTHORITY OF THE CURRENCY NOTE ORDINANCE 1934. ONE POUND. CURRENCY NOTES ARE LEGAL TENDER IN GIBRALTAR FOR THE PAYMENT OF ANY AMOUNT. GIBRALTAR FINANCIAL SECRETARY
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Reverse lettering MONTIS INSIGNIA CALPE ONE POUND
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Comments

Gibraltar's currency has never been issued by a central bank — the Government of Gibraltar itself has always acted as the direct monetary authority, an arrangement rooted in the territory's colonial status rather than any deliberate financial architecture. This note circulated across a long series spanning nearly five decades, during which the design plates saw only minor revision. De La Rue held the printing contract continuously throughout, which was standard practice for British dependent territories of the period.

The longevity of the P#12 series is itself the notable detail: few government-issued pound notes anywhere remained in active production this long without a fundamental redesign.

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