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5 Shillings - George V
| Issuer | Government of Jamaica |
|---|---|
| Year | 1918 |
| Type | Log in to see details |
| Value | 5 Shillings (1/4) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | GOVERNMENT OF JAMAICA CURRENCY NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT FIVE SHILLINGS ISSUED UNDER THE AUTHORITY OF LAWS 27 OF 1904 AND LAW 17 OF 1918 ISLAND TREASURER WATERLOW & SONS LTD. LONDON. |
| Reverse description | Log in to see details |
| Reverse lettering | GOVERNMENT OF JAMAICA FIVE SHILLINGS FIVE SHILLINGS LAWS 27 OF 1904 AND 17 OF 1918 WATERLOW & SONS LTD. LONDON. |
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| Comments |
Jamaica's Government direct-issue notes of this period came about because the colonial banking system — dominated by the Canadian-chartered banks — was poorly equipped to handle the liquidity demands of the First World War. The 1918 series was authorized under emergency currency legislation, with Waterlow & Sons handling production in London as they did for a substantial portion of British colonial paper at the time.
The 5 Shilling denomination in this series is the scarcest of the group. Surviving examples frequently show handling damage consistent with heavy tropical circulation — the Caribbean humidity was unkind to paper currency, and redemption rates were high once the emergency issues were retired.