What year? - British Armed Forces 5 Pounds 2nd series

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Hi,
Please clarify what year this is? - British Armed Forces 5 Pounds 2nd series (P# M23)

 

Numista says 1948
N#212481

 

Colnect says 1950
https://colnect.com/en/banknotes/banknote/16316-5_Pounds_2nd_Series-1948_ND_Second_Series_-_British_Armed_Forces-United_Kingdom_of_Great_Britain_Northern_Ireland

 

Krause World Paper Money, Specialized Issues, 12th edition (2013) says 1958...

 

Regards, Victor

Weird Colnect says 1950 on page, but 1948 in the URL.

 

Most sources go with 1948:

https://www.banknote.ws/COLLECTION/countries/EUR/GBR/GBRM0023.htm

-Dan

inc7007

Most sources go with 1948:

 

I think that the number of amateur sites is not always the best argument in a dispute with Krause catalog.
This is 1948 series. But 5 pounds is quite a large denomination. And it is quite logical that such banknotes could go into circulation in the 50s - much later than other denominations (possibly due to inflation).

As I understand it, the second and third series were all printed in 1948. Been a while since I read up on them though.

 

They had had problems with non-military personnel obtaining the first series & decided (in 1947) to switch to the second series in virtual secrecy to limit conversion of the first series.

They also printed the third series so that if they needed to switch again at a later date, all the notes would be pre-existing so could be done more rapidly - though turns out they weren't needed until 1956.

 

However, I'm unsure of the introduction date. For notes of equal value, they were introduced in 1948 to replace the first series with immediate effect. However, there wasn't a first series £5, so could easily have been held back.

 

Numista uses the year of production in it's catalogue, hence 1948 is correct by those standards. Other sites/catalogues may use their formal release date instead which could be later - I don't recall & not sure where to look.

 

Hope that's been a little bit useful.

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