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1 Pound
| Issuer | Government of Malta |
|---|---|
| Year | 1954 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#24 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | GOVERNMENT OF MALTA THIS NOTE IS LEGAL TENDER FOR ONE POUND IN MALTA AND ITS DEPENDENCIES AND IS ISSUED UNDER THE AUTHORITY OF THE CURRENCY NOTES ORDINANCE 1949 |
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| Protection type | Log in to see details |
| Protection description | A Maltese Cross watermark visible when the note is held to light |
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| Comments |
Malta was still a British Crown Colony in 1954, and these notes circulated alongside sterling at par — the Maltese pound was pegged one-to-one with the pound sterling throughout the colonial period. De La Rue printed the entire Government of Malta pound series in London, and the colonial treasury exercised minimal independent monetary policy; note issuance was tightly controlled by London.
J. B. Stephens signed as Financial Secretary, a post that carried ultimate responsibility for currency affairs on the island. The 1954 date places this note just two years after the failed integration referendum that would have made Malta part of the United Kingdom outright — a political atmosphere that left the colony's fiscal arrangements deliberately unchanged.