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1 Pound Jersey Bank - George Syvret

Issuer Jersey Bank
Year 1815
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Value 1 Pound
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Obverse lettering Jersey Bank Promise to pay the Bearer on Demand ONE POUND £ONE Jersey the 4th day of April 1815 payable at W. Math. Gallichan & Co. George Syvret
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Protection type Wax seal
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Comments

The Jersey Bank was one of several private parish and merchant banks operating on the island in the early nineteenth century, at a time when Jersey had no central issuing authority and individual traders could — and did — print their own notes. George Syvret, who signed this note, was a St. Helier merchant; the bank operated under his name rather than as a chartered institution, making this as much a personal promissory instrument as a banknote in the modern sense.

The wax seal in place of a watermark or printed security device reflects how rudimentary local anti-counterfeiting measures remained. Hamon's engraving work was done on-island, which accounts for the modest execution relative to contemporary London-printed issues.

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