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10 Pounds

Issuer Standard Bank of South Africa Limited, Salisbury
Year 1896
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Value 10 Pounds
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Obverse description Printed in brown and black, the obverse is framed on all sides by a repeating guilloche border incorporating the numeral '10', with 'SALISBURY ISSUE' in vertical letterpress along both side margins. The bank title 'THE STANDARD BANK OF SOUTH AFRICA, LIMITED.' and 'DURBAN BRANCH.' are set at the top centre, with the denomination '£10' in large bold type to the upper right, while a central letterpress promise-to-pay text dated 27th August 1896 is flanked by an ornamental vignette panel bearing the word 'TEN'. Signature lines for the Board of Directors and Accountant appear at the foot, and this example carries a red 'CANCELLED' overprint together with a perforated 'SPECIMEN' punch cancellation.
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Protection type Watermark
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Comments

The Standard Bank of South Africa Limited operated branches throughout southern Africa in the late nineteenth century, and its Rhodesian branches — including Salisbury — issued notes under their own authority rather than drawing on a centralized colonial currency. This 10 Pounds note from Salisbury predates any government-issued currency for the territory by years; Rhodesia had no central bank and no official paper money until well into the twentieth century, leaving the commercial banks to fill that role entirely.

High-denomination commercial bank notes of this period rarely circulated widely. Ten pounds was a substantial sum, and these moved primarily between merchants, mining companies, and land agents.

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