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10 Shillings 1938, Falkland Islands

in Krause book Number: 4
Years of issue: 19.05.1938
Edition: 36 590
Signatures: Commisioner of currency: Mr. Malcolm Stewart.
Serie: HM The King George VI
Specimen of: 19.05.1938
Material: 100% raw cotton
Size (mm): 145 х 90
Printer: TDLR (Thomas de la Rue & Company), London

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10 Shillings 1938

Description

Watermark:

Patterns.

Avers:

10 Shillings 1938

HM The King George VI.

This profile of The King, might be regarded as a portrait, specifically prepared for use on coins, which traditionally show the profile of the monarch. However, the issuing authorities that chose to use this portrait had previously used a design, which included profile of King George V. In order to maintain the Thomas De La Rue designs into the reign of George VI, it was necessary to have a suitable profile of His Majesty.

Denomination in numeral and in words centered.

Revers:

10 Shillings 1938

Stylized patterns.

Comments:

The pound was introduced following the reassertion of sovereignty in the Falklands Islands by the British in 1833. Initially, the British currency circulated, with the pound subdivided into 20 shillings, each of 12 pence. Specific issues of banknotes have been made for the Falkland Islands since 1899. In 1971, the pound was decimalized and subdivided into 100 pence. Coins have been minted specifically for the Falklands since 1974. During the earlier Argentine occupation, the peso circulated.

Between 1899 and 1901, the government introduced notes for 5 and 10 shillings, 1 and 5 pounds. The 5 shilling notes were issued until 1916. Following decimalization in 1971, the 10-shilling note of the preceding issue became the new 50-pence note, though it retained its old design. 10 pound notes were introduced in 1975, followed by 20 pounds in 1984 and 50 pounds in 1990.