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2 shillings 1942

Europe › Malta
P-17a1942Government of MaltaEF
2 shillings 1942 from Malta, P-17a (1942) — image 1
2 shillings 1942 from Malta, P-17a (1942) — image 2

Market Prices

3 sales
Catalogue (2016)
VG$4
VF$25
UNC$125
G$5.552021-07-19(4 bids)
VF$402013-10-23(19 bids)
VG$7.162013-03-18(7 bids)

About This Note

This is a 1942 Maltese Government 2 shillings note (Pick P-17a) in Extremely Fine condition, featuring a portrait of King George VI in an ornamental oval frame on the right side. The note displays the characteristic brown and green color scheme with intricate cross-hatching and geometric border patterns typical of mid-20th century British Commonwealth currency. Despite showing age-appropriate creasing and light foxing from historical circulation, the note retains sharp detail and strong color, making it an attractive example of this historical issue.

Rarity

Common. The 1942 2 shillings issue was a regular issue with substantial print runs. Market data from realbanknotes.com shows comparable examples selling in the $5–$40 range depending on condition, with VF specimens achieving approximately $25–$40. The EF-graded example described here would command a premium within the common-note range but remains readily available in the numismatic market. No special circumstances (short print run, recall, or scarcity of variants) are documented for Pick P-17a that would elevate this to scarce or rare status.

Historical Context

Issued in 1942 during World War II, this note represents Malta's monetary autonomy under British colonial governance, as indicated by the declaration that 'The Government of Malta' issues this legal tender. The portrait of King George VI, rendered in formal military dress within a decorative cartouche, reflects the constitutional monarchy framework and wartime governance of the period. This denomination and design period precedes Malta's transition to the decimal currency system in 1971, making it a significant artifact of pre-independence Maltese monetary history.

Design

The obverse features a formal portrait of King George VI positioned in an ornate oval frame on the right side of the note, rendered in brown and sepia tones suggesting military or formal state dress. The note employs a sophisticated decorative border composed of geometric and floral patterns executed in fine line cross-hatching. A prominent cloud-like ornamental cartouche in the center contains the primary text declaring the legal tender status. Corner denomination markers and serial number placement follow the standard conventions of contemporary British Commonwealth currency design. The color palette of brown, green, red-brown, cream, and blue-green creates visual hierarchy and security through complexity. The note is uniface (printed on front only), with the reverse showing only watermark security elements.

Inscriptions

FRONT SIDE: '2/-' (Two shillings, appearing in multiple corner and margin positions); 'THE GOVERNMENT OF MALTA' (primary issuing authority declaration); 'HEREBY DECLARES THIS NOTE' (continuation of legal tender statement); 'TWO SHILLINGS' (denomination in words); 'TO BE LEGAL TENDER FOR PAYMENTS NOT EXCEEDING £2' (legal tender specification and payment limit); Serial number 'A 103379' (appears twice on note); Handwritten signature in black ink (illegible in reproduction). BACK SIDE: Faint watermark impression visible but text not legible in provided image reproduction.

Printing Technique

Intaglio (recess) printing executed by Bradbury Wilkinson & Company (BWC), a leading British security printer. The fine line cross-hatching, geometric patterns, and portrait rendering are characteristic of traditional intaglio engraving. The multiple color application (brown, green, and blue-green) indicates multi-pass printing or color separation technique typical of high-security currency production of the era. The intricate background patterns and portrait detail visible in the EF condition example demonstrate the precision capability of intaglio printing for security currency.

Varieties

This note is cataloged as Pick P-17a, representing the primary variant of the 1942 2 shillings issue. The PMG Population Report indicates three additional varieties exist for this base Pick number (P-17b, P-17c, and P-17s), likely representing different printer states, signature varieties, or serial number prefixes. The 'A 103379' serial number prefix observed on this example with the 'A' series designation may be a distinguishing characteristic among the variants, though without comparison to P-17b and P-17c specifications, the exact distinguishing factors cannot be determined from the visual analysis alone. The note is printed by BWC without imprint marking, consistent with the documented P-17a specifications.