Great Britain British Armed Forces £1 2nd series UNC
Great Britain British Armed Forces £1 2nd series UNC
The British Armed Forces issued their own banknotes between 1946 and 1972.
At the end of the war in Europe in 1945, the Allied Forces agreed (Potsdam Conference) to split Germany into four occupation zones. A monetary system was needed to serve the needs of the occupying forces but goods intended for the troops were being sold to a thriving black market among the local population at highly inflated prices. Millions of pounds sterling were being lost by the British taxpayers and in March 1946, a special military voucher system was organised. While the use of local currencies was effective where they were provided in cooperation with the local authorities, it was impractical in combat zones. So, the military authorities issued special "military currency", which was paid out to soldiers at a fixed rate of exchange and simply declared legal tender in occupied areas by local commanders.
In combating black market activities, BAF notes from the early issues were demonetised in secrecy and new series of notes came into circulation. The first issue valued over 10 million pounds sterling were issued on 1.8.1946. The second issue was released on 6.1.1948. The third issue was printed in 1948 but used in 1956 during the Suez Canal Crisis. The fourth issue was originally discussed in 1952 but were not ordered until the heating up of the cold war and the lack of a backup series prompted the British War Office in 1962 to design not only a fourth, but also a fifth series.
A new printer, Bradbury Wilkinson, was chosen for the job of producing these next two series: The fourth series was printed, but never issued, and according to all records, the fifth series was never printed. The sixth series, together with the 1 and 5 pound notes of the second series, were used in Berlin up to December 31, 1979, when they were finally withdrawn. On February 14, 1991, The Ministry of Defence auctioned off their stock of 17 million uncirculated vouchers from the 2nd, 3rd, 4th and 6th series to a consortium of dealers.
| SKU | 78974 |
| Shipping Weight | 0.0500kg |
| Shipping Width | 0.100m |
| Shipping Height | 0.010m |
| Shipping Length | 0.050m |
| Shipping Cubic | 0.000050000m3 |
Great Britain British Armed Forces £1 2nd series UNC
The British Armed Forces issued their own banknotes between 1946 and 1972.
At the end of the war in Europe in 1945, the Allied Forces agreed (Potsdam Conference) to split Germany into four occupation zones. A monetary system was needed to serve the needs of the occupying forces but goods intended for the troops were being sold to a thriving black market among the local population at highly inflated prices. Millions of pounds sterling were being lost by the British taxpayers and in March 1946, a special military voucher system was organised. While the use of local currencies was effective where they were provided in cooperation with the local authorities, it was impractical in combat zones. So, the military authorities issued special "military currency", which was paid out to soldiers at a fixed rate of exchange and simply declared legal tender in occupied areas by local commanders.
In combating black market activities, BAF notes from the early issues were demonetised in secrecy and new series of notes came into circulation. The first issue valued over 10 million pounds sterling were issued on 1.8.1946. The second issue was released on 6.1.1948. The third issue was printed in 1948 but used in 1956 during the Suez Canal Crisis. The fourth issue was originally discussed in 1952 but were not ordered until the heating up of the cold war and the lack of a backup series prompted the British War Office in 1962 to design not only a fourth, but also a fifth series.
A new printer, Bradbury Wilkinson, was chosen for the job of producing these next two series: The fourth series was printed, but never issued, and according to all records, the fifth series was never printed. The sixth series, together with the 1 and 5 pound notes of the second series, were used in Berlin up to December 31, 1979, when they were finally withdrawn. On February 14, 1991, The Ministry of Defence auctioned off their stock of 17 million uncirculated vouchers from the 2nd, 3rd, 4th and 6th series to a consortium of dealers.
| SKU | 78974 |
| Shipping Weight | 0.0500kg |
| Shipping Width | 0.100m |
| Shipping Height | 0.010m |
| Shipping Length | 0.050m |
| Shipping Cubic | 0.000050000m3 |
Add your favourites to cart
Select Afterpay at checkout
Log into or create your Afterpay account, with instant approval decision
Your purchase will be split into 4 payments, payable every 2 weeks
All you need to apply is to have a debit or credit card, to be over 18 years of age, and to be a resident of country offering Afterpay
Late fees and additional eligibility criteria apply. The first payment may be due at the time of purchase
For complete terms visit afterpay.com/terms
Copyright © 2024 Max Stern & Co.
ABN: 33 261 090 367
Address: Box 997 GPO, Melbourne VIC 3001 Australia
Welcome to our website. If you continue to browse and use this website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern Max Stern & Co’s relationship with you in relation to this website. If you disagree with any part of these terms and conditions, please do not use our website.
The term ‘Max Stern & Co’ or ‘us’ or ‘we’ refers to the owner of the website whose registered office is 271 Collins Street, Melbourne VIC 3001 Australia. Our ABN is 33 261 090 367. The term ‘you’ refers to the user or viewer of our website.
The use of this website is subject to the following terms of use:
This privacy policy sets out how we uses and protects any information that you give us when you use this website.
We are committed to ensuring that your privacy is protected. Should we ask you to provide certain information by which you can be identified when using this website, then you can be assured that it will only be used in accordance with this privacy statement.
We may change this policy from time to time by updating this page. You should check this page from time to time to ensure that you are happy with any changes.
What we collect
We may collect the following information:
What we do with the information we gather
We require this information to understand your needs and provide you with a better service, and in particular for the following reasons:
Security
We are committed to ensuring that your information is secure. In order to prevent unauthorised access or disclosure, we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect online.
How we use cookies
A cookie is a small file which asks permission to be placed on your computer's hard drive. Once you agree, the file is added and the cookie helps analyse web traffic or lets you know when you visit a particular site. Cookies allow web applications to respond to you as an individual. The web application can tailor its operations to your needs, likes and dislikes by gathering and remembering information about your preferences.
We use traffic log cookies to identify which pages are being used. This helps us analyse data about webpage traffic and improve our website in order to tailor it to customer needs. We only use this information for statistical analysis purposes and then the data is removed from the system.
Overall, cookies help us provide you with a better website by enabling us to monitor which pages you find useful and which you do not. A cookie in no way gives us access to your computer or any information about you, other than the data you choose to share with us.
You can choose to accept or decline cookies. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer. This may prevent you from taking full advantage of the website.
Links to other websites
Our website may contain links to other websites of interest. However, once you have used these links to leave our site, you should note that we do not have any control over that other website. Therefore, we cannot be responsible for the protection and privacy of any information which you provide whilst visiting such sites and such sites are not governed by this privacy statement. You should exercise caution and look at the privacy statement applicable to the website in question.
Controlling your personal information
You may choose to restrict the collection or use of your personal information in the following ways:
We will not sell, distribute or lease your personal information to third parties unless we have your permission or are required by law to do so. We may use your personal information to send you promotional information about third parties which we think you may find interesting if you tell us that you wish this to happen.
If you believe that any information we are holding on you is incorrect or incomplete, please write to or email us as soon as possible at the above address. We will promptly correct any information found to be incorrect.
