### South African Governor (EF) - M.H. de Kock (A1) 1 rand banknote A/E ###

1 was available / secondhand

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ZarCurrency(Blacklisted)

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Condition

Secondhand

Location

South Africa

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1 ratings

Bob Shop ID

4613238

South African Governor

M.H. de Kock

4th issue (A1) x1 R1.00 banknote

(1961 - EF = extremely fine)

Afrikaans / English

Serial # 152401

EXTREMELY FINE: EF (XF) A very attractive note, with light handling. May have a maximum of three light folds or one strong crease. Paper is clean and bright with original sheen. Corners may show only the slightest evidence of rounding. There may also be the slightest sign of wear where a fold meets the edgeS.

Some history of M.H. de Kock 1 July 1945 to 30 June 1962

Appointed as third Governor of the South African Reserve Bank and served for a total period of 39 years. He exerted a major influence on economic thought in South Africa and even overseas. Various innovations were initiated by him, including the creation of a department with the specific task of gathering and processing statistics and undertaking economic research
The years subsequent to the Second World War were characterized at times by large deficits on South Africa's balance of payments. There was also uncertainty about gold's future and its role in the international monetary system. He followed a policy of stable economic growth. During his Governorship in the early sixties, the financial climate was seriously disturbed by political events. In addition South Africa's monetary system changed from sterling to rand when South Africa became a Republic in 1961 prior to his retirement in 1962.

Size of notes after printing - 137mm x 78mm
N.B.

Every precaution is taken when posting items bought and every item is posted via registered post. I cannot accept responsibility once the item has left my hands. Please note that this is a generic scan to enhance the picture for you the buyer to determine the quality of the note being sold.

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