Ghana, B102a, P2a, 1 Pound, 1st July 1958

Grade Description Price
XF+ € 50.00

CollectWeb number

P1140B102a

Product attributes

Country:

Ghana

Era:

1960 - present Republic of Ghana

Issuer:

Bank of Ghana

Value:

1 Pound

Date/Year:

1st July 1958

Front design:

English text; Bank of Ghana building in Accra

Back design:

Cocoa pods; table; banana leaves; basket

Signatures:

Osei/Eggleston

Watermark:

GHANA in star

Serial number type:

1 Letter over 1 digit, 6 Digits

Security features:

Solid security thread

Printer:

THOMAS DE LA RUE & CO LTD.

Size (LxH mm):

155x78 mm

Catalogues:

B102a, P2a

Series:

D/1 - Q/2

Description

Prior to Ghana’s independence, currency denominated in pounds, shillings, and pence was issued by the West African Currency Board (WACB) and remained in circulation until July 1958. On 4 March 1957, just two days before the declaration of political independence, the Bank of Ghana (BOG) was formally established by the Bank of Ghana Ordinance (No. 34) of 1957, passed by the British parliament. The central bank’s opening ceremony was held the end of July 1957, and formal operations began on 1 August 1957, when the banking department opened for business. The issue department commenced operations in July 1958.

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