British South Africa Company Marshal Hole Currency Card

From Stamps of the World

Marshall Hole currency

Marshall Hole is best known for issuing "Marshall Hole currency" in Bulawayo in 1900. During the Anglo-Boer War there was a shortage of small change and circulating coinage in Rhodesia. Marshall Hole, who was then serving as Government Secretary for Matabeleland and Civil Commissioner of Bulawayo, authorised the issue of small cards bearing a British South Africa Company postage stamp on the obverse, and an official handstamped signature on the reverse, and these cards circulated as emergency currency between 1 August 1900 and their withdrawal on 1 October 1900. Smith says "£20,000's worth of stamps were used, and when circulation ceased... it was found that almost exactly £1,000's worth was still outstanding... This £1,000... was clear profit to the Administration and compensated Mr Hole for the ridicule the experiment provoked when he first proposed it."

The currency cards were issued in denominations of 2d, 3d, 4d, 6d, 1/-, 2/-, 2/6, 4/-, 5/- and 10/-, and bore two types of validation stamp. One type is inscribed ADMINISTRATOR'S OFFICE * BULAWAYO. The other type is inscribed ADMINISTRATOR'S OFFICE. The validation stamps were applied at Marshall Hole's office.

6d Front
6d Back
6d Front
6d Back
1s Front
1s Back
1s Back
1s Front
2s Front
2s Back
2s6ds Front
2s6d Back
10s Front
10s Back