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This is an exceptional uncirculated example of the 1967 Falkland Islands £1 note (Pick P-8a), featuring Queen Elizabeth II in profile within an ornate oval frame on the obverse. The note displays pristine condition with no visible wear, folds, or damage, and exhibits the characteristic blue-on-gray-green and lilac underprint typical of this issue. The intricate border patterns and fine engraving work throughout make this a desirable specimen for collectors of Commonwealth currency and early Falkland Islands notes.
Common. While early issues of Falkland Islands currency have collector appeal, the 1967 £1 note (Pick P-8a) is relatively common in the market. eBay sales data shows UNC examples selling regularly between $129-$208 in recent years, with multiple sales recorded, indicating steady availability. The catalog value for UNC condition is listed at $190 (2019), which is a moderate price suggesting availability without scarcity. The note was printed in reasonable quantities by TDLR and has not been recalled or made rare by limited distribution.
Issued on 2nd January 1967 by the Government of the Falkland Islands, this note represents the currency of the colony during a significant period of its monetary history. The prominent portrait of Queen Elizabeth II underscores the Falkland Islands' status as a British Crown dependency at this time. The formal declaration that these notes are 'Legal Tender for the payment of any amount' reflects the Islands' assertion of monetary sovereignty within the Commonwealth framework.
The obverse features a formal portrait of Queen Elizabeth II in left-facing profile, wearing a crown, positioned within an ornate oval frame with decorative scrollwork and flourishes on the right side of the note. The left side contains the denomination and issuing information. The entire design is framed by an intricate repeating border pattern of circular and floral motifs in green/olive and pink/mauve tones against a cream base. The reverse displays an elaborate symmetrical ornamental medallion or rosette design dominated by complex geometric and floral patterns with bilateral symmetry, featuring nested scrollwork and botanical elements. The color scheme consists of dark blue/navy printing on cream, with the multicolored border visible on the obverse.
Front side: The obverse bears the issuing authority 'THE GOVERNMENT OF THE FALKLAND ISLANDS' with the denomination marked as '£1' and 'ONE POUND'. The legal tender declaration reads 'These Notes are Legal Tender for the payment of any amount'. The issue date is stated as '2nd January 1967'. Authority and signature lines read 'FOR THE GOVERNMENT OF THE FALKLAND ISLANDS', 'Commissioner of Currency', and signed by 'T. Vallance'. The printer's mark states 'THOS DE LA RUE & CO LTD LONDON'. Serial number 'E490094' appears in top left and bottom right. Back side: 'FALKLAND ISLANDS' appears faintly in the watermark area.
This note is cataloged as Pick P-8a, the first variant of the 1967 Falkland Islands £1 issue. The PMG population report indicates multiple variants exist for this base Pick number (P-8a through P-8e, plus starred versions), suggesting different signatures or minor design variations distinguish the varieties. The specimen observed displays the signature of 'T. Vallance' as Commissioner of Currency and the serial number 'E490094' with prefix 'E', which may be relevant to variety attribution, though specific prefixes and signature varieties would require detailed comparison with catalog documentation to definitively establish variant status.