South Africa 1861 - Montagu Bank 5 Pounds Remainder (Pick S231r)
Printed from a hard steel plate by William Brown of London, with local agency handled by Ewan Christian in Cape Town, the note exemplifies the highest standards of mid nineteenth-century private banknote engraving. Steel-plate production required significant capital investment and technical skill, underscoring the bank’s intention to project stability, credibility, and permanence despite its ultimately fragile financial position. Read more →