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5 Pounds / 21½ Dollars
| Issuer | Reed Banknote Co. |
|---|---|
| Year | 2019 |
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| Composition | Log in to see details |
| Size | 162 x 102 mm |
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|---|---|
| Obverse lettering | £5 The Royal South Seas Reedserve Bank £5 of Great Britain and the Sandwich Islands, Ltd. Promises not to pay the Bearer on demand the sum of FIVE POUNDS or TWENTY-ONE DOLLARS AND FIFTY CENTS in lawful currency of the realm this second day of June in the year of our Lord 1853. For the Governor & Company of the Bank, FANTASY ART NOTE DESIGN ©2019 R. J. REED Chief Cashier £5 REED BANKNOTE CO., SARASOTA £5 PRIVATE ISSUE, NON-NEGOTIABLE ARTISTIC CONCEPT |
| Reverse description | Central map vignette of the Sandwich Islands (Hawaiian archipelago) with individual island names lettered across the design; a sailing vessel appears within the composition, and the Reed Banknotes Indian head logo serves as a counterpart device. |
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| Comments |
Reed Banknote Co. is a private novelty printer based in Sarasota, Florida, producing non-legal-tender fantasy notes marketed to collectors and gift buyers. This piece has no issuing authority in any monetary or governmental sense — "Reed Banknote Co." functions simultaneously as the nominal issuer and the printer, which is the entire business model.
The hybrid denomination of 5 Pounds / 21½ Dollars is decorative arithmetic, not a fixed exchange rate with any practical meaning. The watermark is genuine security paper construction, an unusual production choice for a novelty item.