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10 Shillings Sterling

Issuer London & Natal Bank Ltd., Durban
Year 186x
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Value 10 Shillings Sterling
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Obverse lettering LONDON & NATAL BANK LIMITED
We Promise to pay the Bearer on Demand
at our Office here Ten Shillings Sterling value received
DURBAN NATAL
By Authority of the Board
X SHILLINGS
Managing Director
Manager
Ent.
Reverse description No second image provided; reverse description unavailable.
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Comments

The London & Natal Bank Ltd. was a short-lived colonial institution, established in the early 1860s to service Natal's growing mercantile and settler economy. It never achieved the foothold its founders anticipated — the bank collapsed before the decade was out, leaving behind a note issue of exceptional rarity. Few examples from this series are known to survive in any condition.

Waterston of Edinburgh printed the stock, which was then shipped to Durban for issue. The "186x" dating convention indicates the final digit was completed by hand at the counter, a routine colonial practice given the cost and logistics of ordering fresh printed batches annually.

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