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1 Pound Jersey Banking Company.A.D.1828
| Issuer | Jersey Banking Company |
|---|---|
| Year | 1870 |
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| Reference(s) | JN#48 |
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|---|---|
| Obverse lettering | Jersey Banking Company.A.D.1828 No. 1st January 1870 JERSEY. 1st January 1870 I Promise to pay the Bearer on Demand ONE POUND British Sterling. Ent.d For Gosset, de Gruchy & Co. ONE British Sterling. |
| Reverse description | Reverse is blank, without any printed design, lettering, or security underprint. |
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| Comments |
The Jersey Banking Company was one of several private joint-stock banks operating on the island before the eventual dominance of the English clearing banks. This note was issued under the company's original 1828 foundation date — that "A.D.1828" in the title is a deliberate reference to its charter year, not the date of issue, a distinction that trips up collectors who don't look closely at the series dating.
Perkins, Bacon & Petch were the acknowledged specialists in security printing through the mid-Victorian period, and their intaglio work for provincial and colonial issuers was prolific. The Jersey Banking Company collapsed in 1873, making any 1870-dated survivor a note from the institution's final operational years.