1979 St Helena 1 Pound(£1) Banknote

The Government of St Helena issued a £1 banknote that is quite distinctive and holds historical significance. Here are some key features of this banknote:

Key Features:

• Obverse (Front): The front of the note features a portrait of Queen Elizabeth II on the right side. On the left, there is an image of St. Helena, the island itself. The text includes "Government of St. Helena" and a promise to pay the bearer on demand the sum of one pound
• Reverse (Back): The back of the note displays the arms of the East India Company on the left and the colonial seal on the right. The Latin motto "AUSPICIO REGIS ET SENATUS ANGLIÆ" translates to "Under the Auspices of the King and the Senate of England"
• Watermark: The watermark typically features a profile of Queen Elizabeth II
• Condition- AUNC(Uncirculated). All notes are sequential from 373340-373348

Historical Context:

The St Helena pound is pegged at parity with the British pound sterling, meaning both currencies are accepted and circulated within St Helena. The £1 banknote was first issued in 1976 when the St Helena Government established its Currency Board. This note was part of the initial series of banknotes that also included £5 notes, followed by 50p and £10 notes in 1979

This banknote is a fascinating piece of numismatic history, reflecting the unique heritage and economic ties of St Helena.