Pretoria, 31 January 1922 First Notes Issued by SA Reserve Bank Hern's says: THESE NOTES WERE FIRST PRINTED IN JUNE 1922 AND WITHDRAWN ON 12TH DECEMBER 1923. EXCEEDINGLY RARE IN QUALITY CONDITION AND RARE IN LOWER GRADES. Hern's Price UNC: R58,500, EF: R29,250, VF: R11,250 and F: R5,000