1952 M H De Kock 3rd Series VF 100 Pound Banknote

ref: 02 12 2016

FANTASTIC FRIDAY OFFER

NOT OFTEN FOUND

A CHOICE NUMISMATIC GEM - A UNIQUE BANKNOTE OFFER

A 100 POUND BANKNOTE

 PREFIXED: E 1 

DATED: PRETORIA 29.1.1952 

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1952

GOVERNOR M H DE KOCK

ONE HUNDRED POUND BANKNOTE

3rd AND ONLY 1952 ISSUE

A MOST ATTRACTIVE COLOURFUL ONE HUNDRED POUND BANKNOTE

Tape marks on the edges of the note - small tear at 6 o'clock 

Banknote as per obverse and reverse shown with the Jan van Riebeeck watermark.

A COMPLETELY NEW DESIGN WAS INTRODUCED ON THE OBVERSE AND THE REVERSE OF THIS ISSUE

AFRIKAANS OVER ENGLISH ISSUES ARE ALL EVEN SERIAL NUMBERS AND ENGLISH OVER AFRIKAANS ISSUES ARE ALL UNEVEN SERIAL NUMBERS.

GRADE: VF

1952_M_H_DE_Kock_3rd_Issue_100_Pound_Banknote_a.jpg

Actual notes and multiples where applicable - note image may be generic where necessary

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1952 - GOVERNOR M H DE KOCK THIRD ISSUE SOUTH AFRICAN RESERVE BANK ONE HUNDRED POUND NOTE

 M H De Kock was the third Governor of the South African Reserve Bank and served for a total period of  39 years. He exerted a major influence on economic thought in South Africa and overseas. Various innovations were initiated by him, including the creation of a department with the specific task of gathering and processing statistics and undertaking economic research. 

The years subsequent to the Second World War were characterised at times by large deficits on South Africa's balance of payments. There was also uncertainty about gold's future and its role in the international monetary system. He followed a policy of stable economic growth. During his Governorship in the early sixties, the financial climate was seriously disturbed by political events. In addition South Africa's monetary system changed from Sterling to Rand when South Africa became a Republic in 1961 prior to his retirement in 1962.

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A CHOICE NUMISMATIC OFFER FOR THIS BANKNOTE - NOW ONLY

R 9 000

THE 1952 GOVERNOR M H DE KOCK SIGNED BANKNOTES ARE NOT OFTEN FOUND IN THE MARKETPLACE

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