The pound is the official currency of Guernsey since 1921 when it replaced the French livre, and the country became part of the monetary union with the United Kingdom. The Guernsey pound is not a separate currency but a local issue of sterling-denominated notes and coins. The first pound notes were issued in 1924 with a denomination of 10 shillings. During the German occupation in 1941, notes were introduced in denominations of 6 pence, 1 shilling, 3 pence, 2 shillings, 6 pence and 5 shillings. After the liberation in 1945, the £5 notes were introduced, followed by £10 in 1975, £20 in 1980 and £50 in 1994. The official currency symbol: £/p (pre-decimal).
The 10 Jersey pounds note front design features the portrait of Queen Elizabeth II (Queen of the United Kingdom and 15 other commonwealth realms), on a background with stylized royal patterns, the National Coat of Arms (Seal of Guernsey) within a coin surrounded by laurel branches, an illustration of the Royal College of Elizabeth (Elizabeth College) located in St Peter Port (Capital city), a branch of Guernsey lilies and a sketch of a sailing boat. The reverse of the note presents a view Les Niaux Watermill (left) located in St. Andrew’s Douzaine, the Saumarez Park (center) located in the Parish of Castel and the Le Trépid Dolmen located in Le Catioroc. The design is completed with a drawing of a sailing ship. This note is part of the 1995 – 2015 series, and its color is violet, blue, and dark blue on a multicolor underprint.
Text: THE STATES OF GUERNSEY, PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF TEN POUNDS, BY AUTHORITY OF THE STATES, STATES TREASURER, S ‘BALLIVIE INSVLE DEGERNERE VE, Elizabeth College, Saumarez Park, Les Niaux Watermill, Le Trépied Dolmen, 10£.