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1 Pound National Bank

Issuer The National Bank Limited
Year 1937-1939
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Currency Pound sterling (1929-date)
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Obverse description Central intaglio vignette of Hibernia seated, wearing a crown, holding a harp and resting beside a shield, with a pastoral landscape in the background. The bank title THE NATIONAL BANK LIMITED is printed in bold letterpress across the top, with an ornate guilloche border framing the entire note in green. A blank oval cartouche appears to the left, flanked by £1 numerals in the lower corners, with the promise-to-pay text and date inscribed across the lower centre.
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Reverse description Central heraldic vignette of the National Bank arms, showing a shield divided with a harp and a castle tower, supported by two rearing stags, set within a scalloped guilloche frame. The denomination £1 appears in large numerals on either side of the arms within ornate panels. A blank oval cartouche is positioned to the right, and the word ONE appears in a dark panel at the lower right, all printed in green and pink tones on a lightly guilloche-patterned ground.
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The National Bank Limited was an Irish commercial bank, and this note circulated in the Irish Free State — later Éire — during a period when the Currency Commission was still licensing private banks to issue their own notes under the 1927 Currency Act. That arrangement was unusual by European standards: Ireland retained a plural note-issuing system long after most countries had centralized issuance entirely.

The series was withdrawn following the Currency Act of 1942, which consolidated all Irish note issue under the newly established Central Bank of Ireland. Notes of this type were called in promptly, and surviving circulated examples tend to show heavy wear from their relatively brief window of use.

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