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19th Century 1 Guinea Banknote, Birmingham Bank

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© Birmingham Museums & Art Gallery

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Basic Information

Accession Number:1965N221.174
Collection:Coins & Medals
Date:1802 - 1802

Maker Information

Manufacturer:Birmingham Bank - View history

Notes

This banknote is an example of the many issued by provincial banks in England between about 1797 and 1836. By 1810 they were providing one half of the total currency of notes and coins.
Continuing exports of gold, fear of invasion and subsequent hoarding of cash had resulted in the Bank Restriction Act of May, 1797. This led to an increase in provincial bankers and over issue of notes, reaching a maximum of thirty million in 1808.
The guinea was introduced as the standard English gold coin in 1663. It was originally made using gold obtained from Guinea in West Africa. It was replaced by the sovereign in 1816.

Presented by R L Lloyd, 1965.

Further Information

Reign:King George III
Production Period:Georgian
Medium:Ink.
Material(s):Printed paper
Denomination:One guinea
Currency:England
Place of Origin:Birmingham, England

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Dimensions

Height:200 mm
Width:120 mm