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1 pound 1969

Europe › Guernsey
P-45c1969The States of GuernseyPMG 66 EPQ(UNC)
1 pound 1969 from Guernsey, P-45c (1969) — image 1
1 pound 1969 from Guernsey, P-45c (1969) — image 2

Market Prices

7 sales
Catalogue (2019)
VF$12
UNC$45
VF$12.932026-02-16(9 bids)
VF$9.512020-10-29(12 bids)
PMG 67$102.52018-12-10(23 bids)
EF$16.512018-06-02(15 bids)
EF$15.512018-04-30(14 bids)
EF$12.52017-11-27(12 bids)
VF$20.512014-11-15(9 bids)

About This Note

This Guernsey £1 note from 1969 is a PMG 66 EPQ example, representing a well-preserved specimen of the States of Guernsey's early decimal currency issue. The note showcases the distinctive dual design featuring Castle Cornet on the obverse and the Guernsey coat of arms on the reverse, rendered in fine engraved detail with characteristic pink, green, and brown tones. Its near-uncirculated condition and EPQ designation reflect excellent eye appeal and sharp printing quality throughout.

Rarity

Common. This is a regular-issue note from a 1969-1975 circulation series with substantial print runs typical of regional British currency authorities. eBay market data shows consistent sales in the $9–$21 range for circulated and EF examples, with VF notes valued at approximately $12 in 2019 catalog pricing. The PMG 66 EPQ grade commands modest premiums ($100+ for superior grades like PMG 67), but the underlying note type remains widely available and commonly collected.

Historical Context

Issued during the period 1969-1975 by the Treasurer of The States of Guernsey, this note reflects Guernsey's autonomous monetary authority and its iconic landmarks. Castle Cornet, depicted on the obverse, is the principal fortress of the Channel Islands and a symbol of Guernsey's medieval heritage, while the coat of arms on the reverse—featuring three lions within an ornamental circular seal—represents the bailiwick's heraldic identity during this era of regional currency modernization.

Design

The obverse features a detailed engraved landscape of Castle Cornet, a fortified island fortress depicted on calm water with period vegetation in the upper corners and ornamental £1 denomination frames. The reverse displays the Guernsey coat of arms—a circular heraldic seal with three lions and shield—at center, flanked by symmetrical floral scrollwork and decorative £1 denominational frames. The note includes standard promise-to-pay text and identifies the Treasurer (W.C. Bull) as the authorized signatory. The multi-colored design employs pink/mauve, green, brown, and cream tones distributed across both sides.

Inscriptions

Front: '£1' (denomination markers in upper corners), 'GUERNSEY', 'ONE POUND', and 'BALFOUR, WILLIAMSON & CO OF NEW MALDEN, SURREY, ENGLAND' (printer attribution). Back: 'PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF ONE POUND', 'BY AUTHORITY OF THE STATES', 'THE STATES OF GUERNSEY', 'GUERNSEY BAILIWICK' (around central seal), 'W.C. Bull' (signature), 'TREASURER', and serial number 'G849940'.

Printing Technique

Intaglio engraving (line engraving) executed by Bradbury Wilkinson (listed as Balfour, Williamson & Co of New Malden, Surrey, England—the operating name of Bradbury Wilkinson's facility). The fine line work throughout both sides, sharp detail reproduction, and multi-color printing from engraved plates are characteristic of this security printer's mid-20th century banknote production.

Varieties

This note is identified as Pick 45c, indicating it is one of at least five documented varieties of the Guernsey £1 1969 issue catalogued by Pick (45a, 45acts, 45b, 45c, 45s). Varieties are typically distinguished by printer attributions or signature variations. The presence of 'W.C. Bull' as Treasurer signature on the reverse is consistent with the 1969-1975 issuance period. Serial number G849940 is noted; serial prefixes may vary across the issue run and could denote distribution characteristics, though standard Guernsey £1 notes of this period do not typically show major variety-defining serial patterns.