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Pierre_Henri

1847 Eastern Province £20 bank note

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Pierre_Henri

According to its website, First National Bank (FNB) traces its origins back to the Eastern Province Bank, which was formed in Grahamstown in 1838. At that time the bank financed the wool export boom in the district.

 

Hern’s Handbook on South African Banknotes (page 52) reports a Four Pounds bank note that was issued by the Eastern Province Bank (1839-1873). Hern says that the note is possibly unique and that no further details on the note is available.

 

I have now found evidence that a £20 denomination from this bank existed that were issued at the very latest in the year 1847

 

The Grahamstown Journal (Saturday 7 August 1847) reports

 

Yesterday, an Eastern Province bank note for £20, and also a bank receipt for a deposit of £400 (was lost). A reward of £2 will be given on the above being restored to Mr. COLE, Postmaster, or the Undersigned. John F. POHL

 

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