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100 Shillings / 5 Pounds
| Issuer | West African Currency Board |
|---|---|
| Year | 1953-1956 |
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| Currency | Pound (1907-1968) |
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| Obverse description | Central vignette of a tropical river scene with lush palm trees and dense vegetation reflected in calm water, positioned to the left of centre. An oval unprinted medallion occupies the right portion of the note, flanked by intricate guilloche borders; denomination numerals appear in each corner. Three signature lines with member titles of the West African Currency Board appear at lower centre, alongside the issue date, with Arabic and Yoruba script inscriptions rendered beneath the value panel at lower right. |
|---|---|
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| Reverse lettering | WEST AFRICAN CURRENCY BOARD ONE HUNDRED SHILLINGS OR FIVE POUNDS |
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| Comments |
The West African Currency Board was a colonial-era institution covering Nigeria, Gold Coast, Sierra Leone, and Gambia under a single sterling-linked currency — an arrangement that made monetary policy for millions of people subject to London's decisions rather than any elected government in the region. By the mid-1950s that model was already under political pressure. Gold Coast achieved independence in 1957, and the WACB's days were numbered; successor central banks absorbed the note-issuing function within a few years of this series closing.
Waterlow & Sons had printed for the Board since its earliest issues. The firm's receivership in 1961 — following the financial fallout from the famous Waterlow v. Bank of Portugal forgery case decades earlier — meant this late series was among their final African commissions.