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British Armed Forces ~~ 1962 ~~ 1 Schiling Special Voucher
More than 10 available
Details
Shipping: US-Mainland: $3.95 (more destinations)
Condition: Brand new
Returns: does not accept (more)
The British Armed Forces issued their own
banknotes between 1946 and 1972
Historically, soldiers serving overseas had been paid in local currency rather than in their "home" currency, most cash drawn by soldiers would go directly into the local economy, and in a damaged economy the effects of a hard currency such as the £ circulating freely alongside weaker local currencies could be severely problematic, risking severe inflation. There were other problems as well; once £ were circulating in a combat region, the opposing side could freely use its own stocks of £ as currency, or acquire stocks for use elsewhere to support their war effort. The high purchasing power of the £ and its easy transference back to Britain also posed a significant incentive to the black marketers.
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.
1962 1 Shilling - 4th Series
( canceled )
GEM UNC
These notes are nice..... And a very cool piece of history to own !
Don't miss your chance to grab this one....
Ship to USA only
banknotes between 1946 and 1972
Historically, soldiers serving overseas had been paid in local currency rather than in their "home" currency, most cash drawn by soldiers would go directly into the local economy, and in a damaged economy the effects of a hard currency such as the £ circulating freely alongside weaker local currencies could be severely problematic, risking severe inflation. There were other problems as well; once £ were circulating in a combat region, the opposing side could freely use its own stocks of £ as currency, or acquire stocks for use elsewhere to support their war effort. The high purchasing power of the £ and its easy transference back to Britain also posed a significant incentive to the black marketers.
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.
1962 1 Shilling - 4th Series
( canceled )
GEM UNC
These notes are nice..... And a very cool piece of history to own !
Don't miss your chance to grab this one....
Ship to USA only
