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1 Pound Douglas and Isle of Man Bank - Holmes

Issuer Douglas & Isle of Man Bank
Year 1840-1847
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Value 1 Pound
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Obverse description The bank title in elaborate copperplate script arches across the top of the note, framing an intaglio harbour vignette at upper centre showing sailing vessels and a distant townscape. A tall vertical guilloche panel occupies the left margin, enclosing an ornate lathe-work oval medallion. The promise-to-pay text is rendered in a combination of engraved script and bold letterpress, with the denomination ONE POUND underlined at centre, followed by the place of issue DOUGLAS and manuscript date and number fields; at lower centre a bold letterpress cartouche repeats One Pound.
Obverse lettering DOUGLAS & ISLE OF MAN BANK. WE PROMISE TO PAY THE BEARER ON DEMAND ONE POUND BRITISH IN BANK NOTES OR BILLS ON LONDON. DOUGLAS ONE POUND
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Comments

Perkins, Bacon & Petch were the acknowledged masters of siderographic steel engraving in the mid-nineteenth century, and the Douglas & Isle of Man Bank was exactly the kind of provincial client that kept their London operation busy between major government contracts. The Isle of Man operated outside the Bank of England's regulatory reach, which meant private banks there retained note-issuing rights long after such privileges were being curtailed across Britain proper.

Holmes in the catalog reference denotes the signatory, not a separate issuing entity. The bank itself was short-lived, absorbed into larger local banking arrangements before mid-century.

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