SOUTH AFRICA 10 rand (1993)

$10.00

SOUTH AFRICA, 10 rand, no date (1993), Face: black on green and multicolor, rhinoceri, Back: green, sheep, signature 7: Stals, letter prefix serial number, P123a, Unc

1 in stock

SKU: 3112249 Categories: ,

Description

South African banknote issues mostly followed the British model of private banks in the 19th century to government issues in the 20th century.

Aside from China, other governments started using circulating “banknotes” starting in the 17th century AD. The practice became general in the 19th century. In the 20th century value of paper money in circulation far surpassed the value of coinage. In the 21st century paper money is fading and credit transactions are growing.