South Africa 1828 - Cape of Good Hope Bank 5 Shillings Pre-Issue Sample (Pick S171p)
The Cape of Good Hope Bank occupies a unique position in South African monetary history. While earlier banking activity existed under Dutch East India Company administration, including the state-controlled Lombard Bank established in 1793, the Cape of Good Hope Bank was the first true private commercial bank in southern Africa. Its eventual opening in 1837 marked a decisive transition from state-issued colonial notes toward privately organized banking and credit formation within the Cape economy. Read more →