Description
🏦 Banknote Overview
Country: United Kingdom 🇬🇧
Issuer: Bank of England
Denomination: 1 Pound (£1)
Year: 1960
Catalog Reference: Pick #374a.1
Grade (Holder): Extremely Fine (EF 40)
Grading Company: DIM Currency
👑 Front (Obverse) Details
Portrait: Young Queen Elizabeth II on the right
Main Color: Green with darker engraved shading
Text (Promise Clause):
“I promise to pay the bearer on demand the sum of One Pound”
Serial Number: 55U 151911 (printed twice)
Decorative Elements:
Intricate guilloche patterns (fine security line work)
Ornamental frames and scrollwork
Oval frame around the Queen’s portrait
Signature: Chief Cashier (appears as B.K. O’Brien style signature depending on issue)
Seal: Bank of England seal integrated into the design
🔐 Security Features (Classic Paper Era)
No modern holograms (pre-polymer era)
Watermark: Typically Britannia figure (visible when held to light)
Fine engraving lines to prevent counterfeiting
Unique serial numbering
🧾 Back (Reverse)
Features the classic Britannia seated figure
Symbol of British strength and stability
Detailed engraving with shield and trident
Matching green color scheme
📊 Condition (EF 40 – Extremely Fine)
Light circulation wear
Slight folds or creases visible
Paper still crisp with strong color
No major tears or heavy damage
👉 Your note is well-preserved and collectible, especially in a graded holder.
💰 Collector Value (Approximate)
Typical range: $40 – $120 USD
Value depends on:
Exact condition
Serial number desirability
Market demand
⭐ Interesting Facts
This is one of the early notes featuring Queen Elizabeth II
Issued before the UK switched to decimal currency (1971)
Represents the last era of classic British paper £1 notes