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1 Pound Jersey Bank - George Syvret
| Issuer | Jersey Bank |
|---|---|
| Year | 1815 |
| Type | Local banknote |
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| Obverse description | Log in to see details |
|---|---|
| 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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| Signature(s) | George Syvret |
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| Comments |
The Jersey Bank was one of several private commercial banks operating on the island in the early nineteenth century, issuing their own notes in the near-total absence of Bank of England circulation there. George Syvret, whose signature appears here, was both a merchant and a principal of the bank — proprietor-signed notes of this kind placed personal liability squarely on named individuals rather than a corporate entity, a practice that gave island residents some practical assurance of redemption.
The engraver Hamon worked locally. Jersey's private banking period ended badly for several issuers, with a string of failures in the 1870s forcing consolidation.