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5 pounds 1948

Africa › South Africa
P-951948South African Reserve BankAU
5 pounds 1948 from South Africa, P-95 (1948) — image 1
5 pounds 1948 from South Africa, P-95 (1948) — image 2

Market Prices

2 sales
Catalogue (2016)
VG$12.5
VF$36
UNC$115
VF$262015-12-13(7 bids)
F$582015-02-10(16 bids)

About This Note

This is a well-preserved AU-graded 5 Pounds note from the South African Reserve Bank, issued in 1948 during the early post-WWII period. The note exhibits sharp, clear printing throughout with vibrant green, blue, and brown coloration, featuring a historical portrait on the obverse and an impressive multi-masted sailing ship on the reverse. The bilingual design (English and Afrikaans text) and excellent condition make this an attractive example of South African currency history.

Rarity

Common. The 1948-1949 P-95 series was a standard regular-issue banknote with substantial print runs. eBay market data shows VF examples selling for approximately $26-36 and UNC examples around $115 (2016 catalog values), which places this firmly in the common to moderately collected range. AU-graded examples represent typical collector-grade material rather than scarce variants. No indication of limited production, recall, or withdrawal exists for this Pick number.

Historical Context

This 1948 note was issued during a pivotal period in South African history, following independence and the establishment of the South African Reserve Bank as the sole note-issuing authority. The portrait depicted on the obverse represents a key historical figure from the colonial period, while the sailing ship on the reverse symbolizes the maritime heritage and early European contact that shaped South African history. The bilingual English-Afrikaans presentation reflects the official languages of the Union of South Africa during this era.

Design

The obverse features a left-facing portrait of a historical figure with shoulder-length hair in 17th-18th century dress with a draped collar, enclosed in a decorative circular frame. The center is dominated by intricate geometric and floral patterns in blue and purple, with ornate corner frames containing the numeral 5. A pastoral landscape with rolling hills, trees, and what appears to be a monument or tower occupies the lower portion, grounding the design in South African geography. The reverse showcases a dramatic central engraving of a multi-masted merchant vessel (likely representing a Dutch East India Company ship) in rough seas with turbulent waves, symbolizing the maritime history of the Cape Colony. Both sides employ bilingual text arranged symmetrically, with ornate frames containing the denomination numeral at the corners.

Inscriptions

FRONT: 'SUID-AFRIKAANSE RESERWEBANK' (South African Reserve Bank in Afrikaans); 'SOUTH AFRICAN RESERVE BANK' (English); 'FIVE POUNDS' (English); 'VYF POND' implied from catalog references (Five Pounds in Afrikaans); certification text: 'We certify that we are authorized to issue Bank-notes to the value hereinafter stated, and we promise to pay the bearer on demand at Pretoria' (English); issue location and date: 'Pretoria 18 November, 1948'; signature line designation: 'Governor'; denomination: '5 POUNDS' (English). BACK: 'FIVE POUNDS' (English); 'VYF POND' (Five Pounds in Afrikaans); 'SOUTH AFRICAN RESERVE BANK' (English); 'SUID-AFRIKAANSE RESERWEBANK' (South African Reserve Bank in Afrikaans); denomination numeral: '5'.

Printing Technique

Intaglio engraving (recess printing) combined with multi-color lithography. The fine line work visible in the portrait, the detailed wave rendering on the sailing ship, and the complex background patterns are characteristic of high-security banknote production of the era. The color separation and layering suggest the use of multiple printing plates. The South African Reserve Bank typically contracted with established security printers such as Bradbury Wilkinson or De La Rue for this series, though the specific printer for this particular note would require archival research.

Varieties

The primary identifying variety for P-95 is the bilingual presentation with the first line of bank name and denomination in Afrikaans ('SUID-AFRIKAANSE RESERWEBANK' and implied 'VYF POND'), distinguishing it from P-94 (English first line) and P-97 (similar Afrikaans presentation but later issue). The serial number observed as 'C 4 074846' indicates the C-series prefix and standard numbering scheme for 1948 notes. The issue date of '18 November, 1948' is consistent with the earliest notes of this series. No overprints, commemorative markings, or other notable varieties are evident in the visual analysis.