HSCB BANKNOTES
Tthe banknotes were printed and sold between March-Sept 2018 and raised £40,000. 50% went to the local causes featured on the notes (foodbank, homeless kitchen, primary school and youth project) and 50% to the purchase and writing off of £1.2 Million of local debt.
The banknotes are no longer on sale.
HSCB HAS ISSUED A NEW EMERGENCY CURRENCY - THE GREENBACKS - BUILDING A POWER STATION AND COMMUNITY WEALTH.
HSCB (Hoe Street Central Bank) has been printing its own money in the former Co-Op Bank on Hoe Street in the London suburb of Walthamstow.
Between 12th - 25th March 2018 a crack team of locally recruited people of all ages and backgrounds worked with artist Hilary Powell to print banknotes of 1, 5, 10, 20 and 50 in just fourteen days. Between 5th-23rd June 2018 we focused on a special edition of big money - making ltd edition 100 and 1000 notes from obsolete Bank of England notes.
In place of the Queen, leaders of the local foodbank, homeless kitchen, youth project and primary school grace HSCB banknotes.
These banknotes were sold to:
A) Raise money for the 4 causes featured on each note (Barn Croft Primary School, Eat or Heat Foodbank, The Soul Project and Pl84U-Al Suffa)
B) Contribute to a debt abolition fund in which 1.2 million pounds worth of local predatory payday debt is bought up, written off and symbolically destroyed.
The sale of our banknotes raised £40,000. The bank notes are in the collections of the V&A Museum, British Museum, Museum of London, Fitzwilliam Museum, William Morris Gallery/Vestry House Museum, Bank of England Museum and Smithsonian. The full set (Full House from the Rebel Bank) was selected for the Royal Society of Painter Printmaker’s National Original Print Exhibition 2018. A Gary 1000 note was selected for the Royal Society of Painter Printmaker’s technique specific exhibition ‘The Masters: Screen and Stone.’