1938 Postmus 1st Issue 1 Pound Metalthread Banknote VF Plus and Specimen Uncirculated

ref: 18 11 2016

FANTASTIC FRIDAY OFFER

NOT OFTEN FOUND

A CHOICE NUMISMATIC GEM

POSTMUS BANKNOTES WITH THE EXPERIMENTAL METALLIC SECURITY THREAD 

 PREFIXED: A 78
DATED: 19 SEPTEMBER 1938 

UNIQUE BANKNOTES

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1938

GOVERNOR J POSTMUS

ONE POUND BANKNOTE

FIRST ISSUE - WITH METALLIC SECURITY THREAD 

GRADE: VF / VF + 

CIRCULATION NOTE

1938_Postmus_1st_Issue_1_Pound_Metalthread_Banknote_VF_Plus_and_Specimen_Uncirculated.jpg

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plus

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1938

GOVERNOR J POSTMUS

ONE POUND BANKNOTE

FIRST ISSUE - WITH METALLIC SECURITY THREAD 

GRADE: UNCIRCULATED 

SPECIMEN NOTE

1938_Postmus_1st_Issue_1_Pound_Metalthread_Banknote_VF_Plus_and_Specimen_Uncirculated.jpg

Actual coins and multiples where applicable - coin image may be generic where necessary

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 1938 - GOVERNOR J POSTMUS FIRST ISSUE SOUTH AFRICAN RESERVE BANK ONE POUND NOTES

 During the course of the circulation of the 1938 banknotes, it was decided to introduce a 0.5mm imbedded metallic security thread, as seen on the far left of  the note when looking at the obverse of the note, or on the far right when viewing the reverse side of the banknote. This was the only series, of the year 1938, that the metallic security thread had been used on the notes.

Appointed as second Governor of the South African Reserve Bank. J Postmus had already proved to be a leader in South African banking at an early stage in his career, and was one of the Reserve Bank's first Directors in 1921 as one of the representatives of the commercial banks. Part of his term of office coincided with a turbulent period in South Africa's economic history, including the question surrounding the return to the gold standard and its eventual abandonment. During the middle part of his Governorship, world events led to the Second World War which lasted until his retirement in 1945

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MARKET VALUE AROUND R 30 000 FOR THE BANKNOTE AND THE SPECIMEN

A CHOICE NUMISMATIC OFFER FOR BOTH THESE BANKNOTES - NOW ONLY

R 25 000

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