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10 Pounds Northern Bank

Issuer Northern Bank Limited
Year 1929
Type Standard circulation banknote
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Obverse lettering Northern Bank Limited Formerly Northern Banking Company Limited I promise to pay the bearer on demand at the bank or any of its branches Ten Pounds British, value received, Belfast
Reverse description The reverse is dominated by three intricately engraved guilloche rosettes arranged horizontally: a large central medallion and two smaller flanking vignettes, each enclosing the bank's cypher monogram within a lobed floral border. The central medallion bears the text 'Established 1824' around its inner ring. The design is otherwise uncluttered, relying entirely on the fine lathe-work geometry of the rosettes for its security and aesthetic effect.
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Northern Bank Limited was one of four Irish joint-stock banks still issuing notes under the Currency Act (Northern Ireland) 1927, which required private issuers in the six counties to hold equivalent Bank of England notes as backing. That constraint shaped both the conservatism of the series and its relatively low circulation volumes — the 10 Pound denomination moved slowly even by the standards of commercial banking in rural Ulster.

Perkins, Bacon produced the plates using their established intaglio security engraving methods, the same house responsible for numerous colonial and dominion issues of the period. The note predates Northern Bank's absorption into the Midland Bank group's Irish operations by several decades.

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