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1 Pound National Bank
| Issuer | The National Bank Limited |
|---|---|
| Year | 1921-1926 |
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| Reference(s) | P#225 |
| Obverse description | Central vignette of Hibernia seated, framed within a rectangular intaglio panel, with the bank's arms at left. Serial numbers appear at upper left and right flanking the central design, with a large guilloche underprint in green bearing the denomination numeral. The promise-to-pay text is set in letterpress script across the lower portion of the note. |
|---|---|
| Obverse lettering | The National Bank Limited Unlimited for Note Issue I Promise to pay the Bearer on Demand One Pound at Dublin For the Directors and Company |
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| Comments |
The National Bank Limited was an Australian private trading bank, not a central authority — this note predates the Commonwealth Bank's monopoly on note issue, which took full effect in 1924 under the Australian Notes Act amendments. The National Bank continued redeeming outstanding notes after that date, but new issue effectively ceased, which compresses the active circulation window for this series considerably.
The bank itself was absorbed into the Commonwealth Bank of Australia in 1931 during the wave of depression-era consolidations that reshaped Australian banking entirely.