Important British, Scottish and World Paper Money

The Standard Bank of British South Africa Ltd, Four Pounds, uniface front and back proofs on card by Waterlow & Sons (Pick S579) [2]. Back proof missing a small piece at top left, spots on backs, otherwise good extremely fine (£600-800)

This lot was sold as part of a special collection, The Simon Narbeth Collection of Early South African Banknotes.

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Collection

Provenance:
DNW Auction 59, 7 October 2003, lot 1761.

The bank was founded in 1862 and commenced business the following year. Within two years it had opened 16 branches. Each branch issued its own notes with denominations from ten shillings upwards and including notes for four pounds. The bank was prominent during the development of the Kimberley diamond fields and was the first financial institution to open a branch in the Witwatersrand goldfields