Lot 119
German Copy of a Bank of England, K O Peppiatt £1. London 1940-48, dropped in 1942 as propaganda, over North A…




British & World Banknotes | C26001
Auction: 29 January 2026 at 10:30 GMT
£136
Description
German Copy of a Bank of England, K O Peppiatt £1. London 1940-48, dropped in 1942 as propaganda, over North Africa against the Allies, it reads, in Arabic- ‘Signs of Disintegration. If you look at this banknote, you will remember the time when it was worth ten times its present value in bright shiny gold. That was because at that time the strength and riches of the mighty British Empire supported such notes. But that greatness is fading as is the value of this worthless piece of paper. What is this note worth today? You certainly know the answer to that. With each passing day of this British inspired war, the strength of the Empire is depleted. Each battle that England loses causes a further weakening of their currency. The day draws near when even the beggars in the street will refuse the British banknote, even as a gift. Truly, Allah wills the collapse of Britain, which will surely come to pass’.
Footnote
The Nazi German propaganda note on the back of a copied Peppiatt Pound banknote an Arabic inscription, was air dropped over North Africa including Alexandria, Cairo and El Alamein in November and December, 1942.




