Product Description
SCWPM.#9A - TBB.#B110a - Very Rare banknote!
Date: ND (1965) - Grade: Unc - Original scan. - Signature: 3 - Prefix and serial: A/1- 003115
Description: Colour: Black. - Front: English text; star. - Back: Bank of Ghana building in Accra. - Solid security thread. - Watermark: Kwame Nkrumah. - Printer: ? - Size: 160 x 82 mm. - Material: Paper.
Numista rarity index 97 - 100 is very rare, number 0 is common. This is therefore an extremely rare note and UNC as well!
Numista zeldzaamheidsindex 97 - Ter info: 100 is zeer zeldzaam, cijfer 0 is algemeen biljet. Dit is dus een uiterst zeldzaam biljet en nog UNC ook!
Índice de rareza Numista 97. Para su información: el 100 es muy raro, el número 0 es común. Por lo tanto, este billete es extremadamente raro y, además, sin circular.
The Birth of the Cedi
The second issue of currency was in early 1965, when Ghana decided to leave the British colonial monetary system and adopt the widely accepted decimal system. Accordingly, Cedi notes and Pesewa coins were introduced on the 19th July, 1965 to replace the Ghana pounds, shillings and pence.
The cedi was equivalent to eight shillings and four pence (8s 4d) and bore the portrait of the then President, Dr. Kwame Nkrumah. The name “cedi” was derived from the word “sedie” meaning cowrie, a shell money which gained popularity and wider circulation in the later part of the 19th Century.
The “Pesewa” represented the smallest denomination (quantity) of the gold-dust currency regime.
The name was chosen to replace the British Colonial penny.
