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1 pound 1966

Europe › Guernsey
P-43c1966The States of GuernseyUNC
1 pound 1966 from Guernsey, P-43c (1966) — image 1
1 pound 1966 from Guernsey, P-43c (1966) — image 2

1001

Market Prices

5 sales
Catalogue (2019)
VF$90
UNC$300
PMG 64$189.52020-12-27(11 bids)
PMG 64$125.52020-07-13(9 bids)
VF$39.992020-05-23(1 bid)
EF$812011-03-09
EF$52.552010-09-05

About This Note

A stunning Uncirculated example of the 1966 Guernsey 1 Pound note (Pick 43c), featuring a striking purple and green color scheme depicting St. Peter Port harbor with period sailing vessels and industrial waterfront architecture. The note displays the characteristic crisp printing and intricate geometric borders expected of Perkins Bacon's work, with absolutely no signs of wear, circulation, or handling—an exceptional survivor in pristine condition that represents the early post-war currency autonomy of the Bailiwick of Guernsey.

Rarity

Common. The 1966 Guernsey £1 note (P-43c) had a substantial print run sufficient for regular circulation within the small island economy and remains readily available in both circulated and uncirculated grades. The 2019 catalog value of $300 for UNC examples and eBay transaction history showing PMG 64 notes consistently trading in the $125–$189 range indicates healthy collector liquidity typical of common banknotes. No evidence of rarity exists from print run restrictions, recall actions, or short-lived issuer status—the Bailiwick has continuously issued currency since 1966.

Historical Context

This note was issued on 1st July 1966 as part of The States of Guernsey's assertion of monetary independence following the Bailiwick's expanding financial autonomy in the post-World War II era. The front depicts St. Peter Port's working harbor with its maritime heritage and industrial development, reflecting Guernsey's economy during the 1960s transition period. The reverse displays the Bailiwick of Guernsey State Seal with three lions rampant, reinforcing the island's sovereign authority to issue its own currency under British Crown dependency status.

Design

The obverse features a panoramic engraving of St. Peter Port harbor as its central vignette, with period sailing vessels and industrial waterfront buildings rendered in fine detail—representative of Guernsey's maritime commerce in the mid-20th century. The denomination 'ONE' appears in ornate script in both upper corners, surrounded by an elaborate border of interlocking geometric and floral patterns in purple and cream. A prominent seal with a lion rampant emblem in green occupies the center. The reverse displays the Bailiwick of Guernsey State Seal as its sole design element—a circular heraldic seal containing three lions rampant (the arms of Guernsey) within a decorative scalloped circular frame, flanked by smaller ornamental flourishes, rendered entirely in green on a plain cream background. Both sides employ the fine crosshatching and mesh patterns characteristic of high-security engraved currency.

Inscriptions

FRONT: 'ONE' / 'THE STATES OF GUERNSEY' / 'GUERNSEY' / '£1' (One pound) / 'PROMISE TO PAY ON DEMAND' / 'THE BEARER' / 'VALUE RECEIVED' / 'BY AUTHORITY OF THE STATES' / 'Serial number 44 F 1001' / 'Issued 1st JULY 1966' / 'TREASURER' — BACK: 'BAILIWICK OF GUERNSEY STATE SEAL' / 'BAILIWICK OF GUERNSEY' / 'STERLING BACON LIMITED LONDON' (Printer attribution — note: vision analysis shows 'STERLING BACON' but catalog lists 'Perkins Bacon'; this may reflect variant printer markings across the P-43 series)

Printing Technique

Intaglio engraving (recess printing) by Perkins Bacon Ltd., London, a premier British currency security printer. The note exhibits the hallmark characteristics of mid-20th century intaglio production: fine line engraving, intricate background mesh patterns, deeply impressed ink creating tactile relief, and multi-color registration. The precision of the harbor vignette and heraldic seal, combined with the elaborate geometric borders, demonstrates the skill required for hand-engraved currency plates of this era.

Varieties

This note is cataloged as Pick 43c, representing one of three documented variants (P-43a, P-43b, P-43c) for the 1966 Guernsey 1 Pound base design. All three variants share Perkins Bacon (PBC) as printer but differ in minor details such as signature varieties, serial number prefixes, or plate characteristics. The observed serial number '44 F 1001' with prefix '44 F' provides a data point for variety identification within the P-43c designation. The visual inspection of the reverse inscription showing 'STERLING BACON LIMITED LONDON' may indicate variant printer attribution marking across the series, though this requires cross-reference with standard catalogs to confirm whether this represents a genuine sub-variety or transcription variation.