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1 Pound Lloyd's Bank
| Issuer | Lloyds Bank Limited |
|---|---|
| Year | 1955-1961 |
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| Printer | W.W. Sprague & Co. Ltd., London, United Kingdom |
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| Obverse description | The obverse is printed in dark purple-black on a light guilloche underprint, with the bank title 'LLOYDS BANK LIMITED' in large bold letterpress across the upper portion, beneath which a small central vignette shows a horse and rider within an ornate cartouche. Serial numbers appear at upper left and right flanking a 'ONE POUND' tablet, while the promise-to-pay text is rendered in copperplate script, with 'DOUGLAS, ISLE OF MAN' and a small sailing ship vignette at lower centre above the accountant and manager signature lines. |
|---|---|
| Obverse lettering | ONE POUND LLOYDS BANK LIMITED INCORPORATED IN ENGLAND PROMISE TO PAY THE BEARER ON DEMAND AT THIS OFFICE ONE POUND ONLY IN TERMS OF ACT OF TYNWALD DOUGLAS ISLE OF MAN ONE POUND ACCOUNTANT MANAGER |
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| Comments |
Lloyds Bank continued issuing its own sterling notes well into the postwar period, but only in Scotland and Northern Ireland, where the right of commercial banks to issue currency was preserved under separate legislative frameworks from the Bank of England's monopoly in England and Wales. This particular series, printed by W.W. Sprague — a firm with deep roots in banknote and security printing — ran through the late 1950s, a period when the practical case for retaining private bank issues was being quietly eroded by regulatory pressure and the sheer dominance of Bank of England notes in everyday commerce.
Lloyds ultimately ceased issue in 1961, making this among the final notes produced under that centuries-old entitlement.