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.