The Gibraltar pound is the official currency of Gibraltar since 1934. In 1914, the first notes were issued in denominations of 2p, 10p, £1, £5, and £50, followed by the 2p and £50 in 1927. After the decimalization in 1971, notes were introduced in denominations of £10 and £20, followed by £50 in 1986. In 2010, the government of Gibraltar introduced new notes in denominations of £10 and £50, followed by £5, £20, and £100 in 2011. Although the Bank of England backs the notes and coins, they are only a legal tender within Gibraltar. Unlike the Bank of England, whose coins and notes also circulate in Gibraltar and are universally accepted and interchangeable with Gibraltarian issues. The official currency symbol: £/p (pre-decimal).
The 100 Gibraltar pounds commemorative note front design features the main background of the portrait of Queen Elizabeth II (Queen of the United Kingdom and 15 other commonwealth realms), the National Coat of Arms and the stylized letter G alluding to the initial letter of the name of the nation (Gibraltar). The reverse of the note presents the portrait of Sir Joshua Abraham Hassan (1915 –1997), known as “Salvador”, who was a Gibraltarian politician, and the first mayor and Chief Minister of Gibraltar, and serving four terms as chief minister for a total period of 20 years. Both sides of the note present a holographic seal band with the portrait of Queen Elizabeth II and the stylized letter G. This note is part of the 2015 commemorative series” Centenary of the birth of Sir Joshua Hassan”. Its color is purple on a multicolor underprint.
Text: GOVERNMENT OF GIBRALTAR, CURRENCY NOTES ISSUED UNDER THE CURRENCY NOTES ACT ARE LEGAL TENDER IN GIBRALTAR FOR THE PAYMENT OF ANY AMOUNT, ONE HUNDRED POUNDS Sterling, ISSUED BY THE GOVERNMENT OF GIBRALTAR UNDER THE CURRENCY NOTES ACT COMMISSIONER OF CURRENCY 1ST JANUARY 2010, HM GOVERNMENT OF GIBRALTAR, ONE HUNDRED POUNDS Sterling, SIR JOSHUA HASSAN 1915 – 1997, £100.