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25 Pounds

Issuer Durban Bank
Year 1864
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Reference(s) P#S444
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Obverse lettering Durban Bank
No 00244
We Promise to pay the Bearer on Demand at our Office here TWENTY FIVE POUNDS Sterl. value received.
Durban. 186
For the Proprietors
Chief Clerk
TWENTY FIVE
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Variants P#S444a - Signature title: Chief Clerk, 186x
P#S444b - Signature title: Chief Accountant, 12.04.1864
Comments

The Durban Bank was a short-lived colonial institution, established in Natal in the early 1860s during a period of speculative banking expansion in the province. It did not survive long enough to leave a substantial note-issuing history, which makes any surviving example from this series genuinely rare.

Nissen & Parker operated as a relatively minor London printing house — not one of the dominant security printers of the period — and their work on colonial bank paper is infrequently documented. The high face value suggests this note was intended for merchant and interbank settlement rather than retail circulation, sharply limiting the number ever put into daily use.

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