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10 Pounds Planters Bank

Issuer Planters Bank, Kingston, Jamaica
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Value 10 Pounds
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Obverse lettering 10 10 PLANTERS BANK KINGSTON, JAMAICA WE PROMISE TO PAY THE BEARER ON DEMAND TEN POUNDS STERLING AT OUR OFFICE HERE FOR THE PRESIDENT AND COMPANY OF THE PLANTERS` BANK BY ORDER OF THE BOARD OF DIRECTORS TEN TEN POUNDS
Reverse description Plain unprinted reverse on aged hand-laid paper, showing fold lines and scattered foxing consistent with the note's age and circulation history.
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Comments

The Planters Bank of Jamaica was one of several competing colonial banking houses operating in Kingston during the early nineteenth century, all issuing their own notes against reserves that were frequently tested by the island's volatile sugar economy. John Scott of Glasgow was a respectable provincial printer, but his involvement here reflects the common practice of Caribbean issuers commissioning plates from British firms — cheaper than London engravers and perfectly adequate for colonial circulation.

The "Planters Bank" name is worth pausing on: the institution drew its capital base almost entirely from sugar estate proprietors, many of them absentee landlords, and its fortunes tracked the collapse of the plantation economy following emancipation in 1834 with uncomfortable precision.

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