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1 Pound Provincial Bank of Ireland
| Issuer | Provincial Bank of Ireland Limited |
|---|---|
| Year | 1951 |
| Type | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#238 |
| Obverse description | Printed in black on white paper, the obverse centres on a finely engraved vignette of the Provincial Bank of Ireland's classical-style Belfast branch building, flanked by circular guilloche medallions each bearing the numeral '1'. An intricate geometric guilloche underprint fills the entire field within an ornate engine-turned border with corner denomination numerals. The promise-to-pay text, issue date, and denomination 'ONE POUND' appear in letterpress below the central vignette, with the bank agent's manuscript signature at lower right. |
|---|---|
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| Reverse lettering | ESTABLISHED A.D. 1825 |
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| Comments |
The Provincial Bank of Ireland was one of the joint-stock banks established under the 1825 act that broke the Bank of Ireland's monopoly outside a 65-mile radius of Dublin. By 1951 it had been absorbed into the rhythm of Irish commercial banking so thoroughly that its notes, while technically private issue, functioned without friction alongside Currency Commission and later Central Bank of Ireland legal tender notes — a dual-currency practicality that persisted until the commercial banks finally surrendered their note-issuing rights in 1971.
Waterlow & Sons had a long relationship with Irish provincial bank printing, and their intaglio work on this series is competent rather than distinguished. The paper tends to brown at the folds on circulated examples — a known characteristic of the 1940s–50s Waterlow stock used across several Irish issues.