

This is a striking 1936 Government of Seychelles 10 Rupees note (Pick P-4b) in Very Fine condition, featuring a handsome portrait of King George V in an ornate red oval medallion on the right side of the note. The design showcases elegant green decorative borders with geometric patterns and fine line engraving throughout, with the denomination and issuer information prominently displayed in red text on a cream background. The note demonstrates excellent preservation with crisp printing and minimal wear, representing a notable example of early 20th-century colonial currency design from Thomas de la Rue, London.
Common. This note represents a regular issue from a 9-year series (1928-1936) produced by a major security printer for an established colonial government. eBay market data shows consistent listings with prices ranging from approximately $3.88 to $23.69 USD for uncirculated examples, with the majority clustering in the $6-$10 range, indicating robust supply and steady but unexceptional collector demand. The 2016 catalogue value of $125 in G grade, $450 in F grade, and $1,500 in EF grade reflects normal appreciation for well-preserved examples but does not suggest scarcity. The VF condition grade of this specimen places it in a mid-range collectibility tier with reasonable availability in the marketplace.
This note was issued during the reign of King George V (1910-1936), whose profile appears in the red medallion portrait, reflecting the political sovereignty of the British Empire over the Seychelles colony at that time. The 1936 date marks the final year of George V's reign and represents the later issues of this particular series, which ran from 1928-1936 according to catalog records. The note's legal tender declaration and formal government issuance by the Government of Seychelles demonstrate the colonial administrative structures in place during the interwar period in the Indian Ocean territories.
The obverse features King George V depicted in profile facing left, rendered in a detailed red/crimson oval medallion with ornate decorative border work. The portrait is characteristic of George V's coinage and currency representations of the 1930s, showing his mature likeness typical of late-reign depictions. The note employs a sophisticated color scheme of green and red with cream background, utilizing symmetrical corner ornaments marked with the numeral '10' and an intricate border comprising repeating fan and scroll patterns in classical guilloche style. The layout is uniface (single-sided printing), with the central text block in red containing the denomination and government attribution. The back appears to feature a watermarked or faint portrait design, suggesting security measures consistent with Thomas de la Rue's printing standards of the era.
Front side: Serial number 'A 14693' (appearing both top left and bottom right); 'TEN RUPEES' (denomination in English); 'ISSUED BY THE GOVERNMENT OF SEYCHELLES' (issuing authority); 'THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT' (legal tender clause); 'GOVERNOR' (signature line identifier); 'THOMAS DE LA RUE & COMPANY, LIMITED, LONDON.' (printer attribution). Back side: Text present but largely illegible in the visual analysis, though a faint portrait medallion watermark is visible, suggesting similar inscriptional material in reverse or watermark form.
This note was produced using intaglio engraving, the signature security printing method of Thomas de la Rue, London—one of the world's premier banknote security printers. The crisp, well-defined fine line work visible throughout the design, the intricate guilloche (wave) patterns in the background, the detailed portrait engraving in the oval medallion, and the geometric patterns in the corner ornaments are all characteristic of high-quality intaglio/engraved production. The note likely incorporates watermark security features visible on the reverse, further indicative of Thomas de la Rue's advanced security printing techniques for colonial currency of this period.
This specific note is identified as Pick P-4b, indicating it is a variant within the P-4 series. The visual analysis notes 'various date and signature varieties' exist for this denomination and issuer. This particular specimen bears the serial number A 14693, which represents one of presumably numerous serial number varieties produced across the print run. The 1936 date combined with the serial number prefix 'A' may help distinguish this from earlier issues in the 1928-1936 series, though without direct comparison to other known varieties, specific identification of signature or date variants cannot be confirmed from the images provided. Collectors should consult detailed Pick catalog notes or specialized Seychelles currency references for complete variety documentation.