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British £1 Banknote (Treasury Issue) Issued 1917

£0.924600

1 GBP = £0.924600

British banknotes were issued in different denominations by the United Kingdom Treasury including this £1 banknote from the Treasury Issue series. This £1 note forms part of the withdrawn pre-decimal series of British banknotes. This note was issued in 1917 during the First World War and was later withdrawn from circulation when Bank of England pound notes replaced Treasury currency.

This £1 paper banknote is predominantly green and pale brown in colour. On the obverse side, on the left, is a large allegorical figure of Britannia standing and holding a trident, with a lion at her feet symbolising strength and national defence. Across the centre runs a bold horizontal panel containing the wording “ONE POUND”. On the right-hand side is an oval portrait medallion of King George V facing left, surrounded by the inscription “GEORGIVS V D.G. BRITT: OMN: REX”. Above the portrait appears the royal crown, and beneath is the printed statement “Currency Notes are Legal Tender for the Payment of any Amount”. The serial number is printed at both ends of the note together with the signature of the Secretary to the Treasury along the lower right.

On the reverse of the note is a detailed engraved illustration of the Palace of Westminster, showing the Houses of Parliament with the Victoria Tower and the Clock Tower rising above the Thames. The scene is framed by fine line engraving and soft background shading, with no denomination printed on the reverse, reflecting the pictorial security style adopted for early Treasury pound notes.

  • Indicate the quantity of £1 banknotes you want to exchange

  • Click the ‘Add to your account’ button

  • Your online account now shows the exchange value

If you have additional notes and coins you wish to exchange, please follow the steps above. Once you are finished, head over to checkout to complete the transaction and you will receive payment within 5 days of us receiving your currencies.

If you are looking to exchange old British pre-decimal banknotes, we provide a fast, secure and trusted UK service for exchanging withdrawn Treasury and Bank of England notes, including historic £1 Treasury issues from the First World War period. Many banks no longer accept pre-decimal currency, but we specialise in exchanging discontinued British banknotes and paying you directly into your UK bank account.

Whether you have a single Treasury pound note or a collection of withdrawn British banknotes, our simple online system makes it easy to exchange your old currency quickly and safely. Do not let your withdrawn £1 Treasury banknotes go to waste — add your notes to your account today and convert your old British banknotes into cash with a reliable UK currency exchange specialist.

Fast turnaround

We send your money within 5 working days of receiving your currency.

We’ll send your money by bank transfer, PayPal or cheque. You can also donate your exchange to a charity of your choice.

Easy and convenient

Get paid quickly

After counting your leftover coins and banknotes we’ll pay you within 5 working days. Get your payment quickly via PayPal or bank transfer.

No hidden charges

We don’t have any hidden charges, you will see our rates before you send any notes or coins. You receive the full value of the calculated exchange.

Get rid of currency that’s no longer in circulation

We also exchange discontinued foreign money. You can cash in all pre-euro currency as well as most obsolete currencies from outside the Eurozone.

Benefit from the best exchange rates online

Exchange rates change daily, that’s why we stay on top of the rate fluctuations so we can offer you the best rates for foreign money.

Happiness guarantee

We check your foreign currency and produce a formal quote, if you’re not happy we guarantee to send your currency back to you, absolutely free of charge.

Help out a charity with your exchange

We partner with many of the UK’s amazing charities. If you’d like to turn your old foreign money into a charitable donation, we can help.

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