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1 Pound
| Issuer | States of Guernsey |
|---|---|
| Year | 1921-1925 |
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| Value | 1 Pound |
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| Obverse description | Black on pink underprint. A central vignette presents a panoramic view of St. Sampson harbour, engraved in fine intaglio style with sailing vessels and coastal fortifications visible. The promise-to-pay legend and denomination ONE POUND are set within a decorative guilloche panel, with the issuer title in ornate script above and denomination numerals in the four corners. |
|---|---|
| Obverse lettering | THE STATES OF GUERNSEY THE STATES OF GUERNSEY PROMISE TO PAY THE BEARER ON DEMAND ONE POUND VALUE RECEIVED BY AUTHORITY OF THE STATES THE STATES OF GUERNSEY |
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| Comments |
Guernsey's early interwar pound issues were a direct consequence of the Channel Islands' anomalous constitutional position — not part of the United Kingdom, yet under the Crown, which gave the States the authority to issue their own currency without Bank of England oversight. The Perkins, Bacon & Petch imprint is worth noting: the firm had built its reputation on intaglio security printing for colonial and dominion issues worldwide, and Guernsey was a relatively minor commission in a portfolio that included banknotes for dozens of territories.
P#11 is the scarcer of the interwar pound types, with the 1921–1925 window representing a period before the series was revised. Surviving examples in any grade are infrequently encountered at auction.