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1 Punt

Issuer Cwmni y Ddafad Ddu Gymreig Cyfyngedig (Welsh Black Sheep Company Limited)
Year 1969
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Currency Pound sterling (1282-1970)
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Obverse lettering CWMNI Y DDAFAD DDU GYMREIG CYFYNGEDIG
Cancelled 04 Jan 1971 [stamped in red across right half, diagonally]
GYNT, PRIF TRYSORFA CYMRU CYFYNGEDIG
(Chief Treasury of Wales Limited) £1
(Translation: Welsh Black Sheep Company Limited
Formerly, Chief Treasury of Wales Limited)
Reverse description Green guilloche underprint with central oval medallion bearing "£1 G". Black sheep vignette in the upper left corner roundel and red Welsh dragon in the lower right corner roundel, with bilingual denomination inscriptions "Punt Gymraeg £g" at upper right and lower left.
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Comments

The Welsh Black Sheep Company Limited was a short-lived nationalist venture that issued this note in 1969 as a political statement rather than a functional currency — it was never legal tender and was designed primarily for sale to supporters of Welsh independence. The timing was deliberate: 1969 was the year of the investiture of Charles as Prince of Wales at Caernarfon, an event that intensified nationalist sentiment and prompted several symbolic gestures from Plaid Cymru and affiliated cultural organisations.

The duty stamp is the detail that gives it away as a serious, if eccentric, attempt at legitimacy — someone went to the trouble of paying stamp duty on a novelty.

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