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10 Shillings
| Issuer | West African Currency Board |
|---|---|
| Year | 1953-1958 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BRITISH WEST AFRICA WEST AFRICAN CURRENCY BOARD PROMISE TO PAY ON DEMAND THE SUM OF TEN SHILLINGS MEMBERS OF THE WEST AFRICAN CURRENCY BOARD |
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| Reverse lettering | WEST AFRICAN CURRENCY BOARD TEN SHILLINGS |
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| Comments |
The West African Currency Board was a colonial monetary institution that served British West Africa — Nigeria, Gold Coast, Sierra Leone, and the Gambia — from a single pooled currency arrangement. By the mid-1950s, decolonization was accelerating, and this note was being printed at a moment when its issuing authority was already politically obsolete. Ghana's independence in 1957 broke the shared arrangement; the WACB wound down shortly after, making this series transitional by circumstance rather than design.
Waterlow & Sons had printed for the Board through multiple series. The firm's receivership in 1961 — following the Guerin securities fraud scandal that had surfaced years earlier — closed a chapter for several colonial currency clients simultaneously.