BRADBURY SERIES 1 10/- NOTE

On 5th August 1914 (the day after war was declared), the Currency and Bank Notes Act was passed which allowed the Treasury (not the Bank of England!) to issue currency notes of 1 and 10/-. These notes had full legal tender status and were convertible for gold through the Bank of England.

The first notes were produced to a hurried design and, because of the lack of availability of banknote paper, were printed on paper produced for postage stamps. This is known as the first Bradbury issue. The 1 note was issued on Friday August 7th and the 10/- a week later.

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