Product Description

This original Emergency Issue One Pound banknote dated 29th March 1940, signed by Chief Cashier K.O. Peppiatt, is a historic example of Britain’s wartime currency. Known to collectors as the “white note”, this emergency issue was introduced shortly after the outbreak of the Second World War as a precautionary measure against economic instability and the threat of invasion.

Catalogue reference Dugg. B249, these notes were printed in a simplified design to allow rapid production if standard banknote supplies were disrupted. The note features a clean, uncluttered appearance with black printed text on white paper, the denomination prominently displayed, and the official signature of the Chief Cashier. Unlike later issues, these early emergency notes did not feature complex colours or detailed artwork, reflecting their urgent wartime purpose.

Issued by the Bank of England, these notes circulated throughout Britain during a critical period in 1940 and represent an important part of the nation’s financial wartime history.

A highly collectible WWII artefact, this note makes an excellent addition to any British banknote, wartime, or historical collection.