History/Background Information: 5 Pound Te Velde issue of the ZAR government (Gouvernements Noot). Issued against the security of state owned farms with a 6% interest. Hand signed by the Acting Auditor General (AP Brugman) and Acting Treasurer General (PN De Villiers). Dated 1.3.1902 and printed on school exercise paper. Certified About Uncirculated 55 by PMG.
 
Condition Notes: An impressive example retaining all the bold characteristics of the type. Rare and seldom offered and bearing the sought after 01.04.1902 date. Coupled with the vertical lines watermark, this note is both desirable and scarce. A beautiful note with an incredible history.
 
Printage: 400 (Hern) / 500 (Vissers)
 
Reference: Hern 502 / Vissers Pg 181-182