Skip to main content

Britannia Issue of Bank of Bengal

by

Nilaish
IBNS Member

"It is interesting to note that first coloured notes in India were issued in early 1857 by William Erskine at Sauger, contained representation of Bengal Presidency." 

Introduction 

The last commerce issue of Bank of Bengal notes were issued till 1856 [see below]. In early 1857, Major William Erskine issued first coloured series called, Britannia issues.

Last Commerce issue, 10 Company's Rupees, dated 1 Sept 1856. 
Image Courtesy: Ram Kumar. 

In my book, "From Rupees to Paper Promise" on page no. 92, Britannia series is explained. As per Bank of England Museum the vigentte, Britannia was commissioned from a painter called, Daniel Maclise. It depicts her as a Saxon Princess in a Pre-Raphaellite style. This vignette appeared on all currency notes of Bank of England since 1855. The design information of Britannia can be found at Bank of England Musuem located at Threadneedle Street, Bank Station, London. 

It was the Romans who, in recording their invasion and colonization of the mysterious island (which they called Britannia) lying beyond Oceanus, a country which they believed full of silver, first portrayed Britannia on their coins. Much later Britannia was to become a fitting symbol to grace the reverse of the copper coins of King Charles II when, in direct allusion to the then war with the Dutch, her image symbolized her sovereignty of the seas. Universally recognized as the personification of Britain, she has graced the coins of every British monarch since. 

10 Rupees, Britannia issue, 31st Aug 1857. 
Features: Britannia in the centre sitting on Lion, on her left and right female personifications. On her feet a poor is begging around fruits, to her left six ships and rhinoceros with fauna. To her right Tomb of Shershah Suri (On page 92, by mistake it is mentioned as 'temple'), elephant with palm trees.

Notes & References:

Razack, R., Jhunjhunwalla, K. (2012) 'The revised standard reference guide to Indian Paper Money, currencies & coins, Mumbai. 
Nilaish, (2015) 'From Rupees to Paper Promise', Self Publication, Khagaria, Bihar, page 92: correction: ...Temple at Sasaram is corrected to Tomb of Shershah.  





Comments

Popular posts from this blog

Top Ten Rare Banknotes of India

By Nilaish "Paper money is fragile and when used a lot, loses it's life but collecting them is even a great challenge!"  It is known from various catalouges [1] and [2] that, Indian paper money originated in 19th Century from Bengal Presidency. Bank of Hindostan and Bank of Bengal were the earliest banks in the presidency who issued paper money. The earliest year of issue of Bank of Bengal is 1812. However, notes were issued since 1770 but there is no evidence to support these claims. Indian paper money is divided into roughly four periods, a) East India Company Period (1800-1860), b) British Government of India Issues (1861-1936), c) Reserve Bank of India British Issues (1937-1947) and d) Republic India RBI Issues (1949- ). In the following list, I will pick up some of my personal favourites which are exceedingly rare currency notes of India. The price is not the guiding factor solely for this ranking. One may reshuffle and consider them ... as you wish....funn...

British India One Rupee Notes

by Nilaish (Life Member of IBNS-IBCC) "One Rupee Notes: A legal tender for silver rupee coins to nickel rupee coins, in 1947 all silver content was gone from the rupee."  1917 First issue:  One rupee notes were first issued on 30th November 1917 representing 1917 one rupee silver coin. These notes were issued roughly in two types based on the following facts. Type 1:  The notes were issued in booklet of 25 notes with each note appearing as cheque leaf having perforations on the left. These notes were printed in England. Signed by A.C. Mc Watters. These booklets appeared like modern day cheque-books [see below]. 1917 One Rupee booklet with 25 notes signed by A.C. McWatters  Image Courtesy: Rezwan Razack  Prefixes issued in booklets were, Y and Z only. Sometimes inside cover, advertisements were printed. The obverse of the note has serial numbers diagonally left to right. ONE RUPEE in bold in the centre. On the left top we see obverse of rupee c...

Bank of Madras 3000 Rupees Specimen Note fetches 1,30,000 pounds at Spink Auctions London

  A Spectacular Auction Evening: Bank of Madras Specimens at Spink Auctions (London) 23 September 2025 Spink’s London “World Banknotes” auction (Auction 25009) drew keen interest from collectors and institutional bidders alike. Among the star lots were specimen banknotes of the Bank of Madras , one of the three Presidency Banks of British India, whose survival in specimen form is exceedingly rare. These notes—pattern designs not meant for general circulation—serve as prototypes, presentation pieces, or archives. Their extreme rarity, historical significance, and aesthetic appeal make them prized items in high-end numismatics. The auction of these notes sets a world record for presidency banknotes of India. The 3000 Rupees Specimen note of Bank of Madras has become the most expensive note sold ever out of all Indian banknotes in any auction worldwide.  The Bank of Madras Specimen Lots                          ...