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10 Pounds Northern Banking Company
| Issuer | Northern Banking Company Limited |
|---|---|
| Year | 1905-1918 |
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| Reference(s) | P#252 |
| Obverse description | Central vignette of a sailing ship and industrial crane scene, with the bank title in large letters across the top. Large blue guilloche underprint reading TEN POUNDS dominates the centre, flanked by ornate lathe-work ovals with denomination word panels. Branch names of the bank fill the top and bottom margins in small letterpress text. |
|---|---|
| Obverse lettering | Northern Banking Company Limited Established 1824 Promise to pay the bearer on demand at the Bank or any of its Branches TEN POUNDS BRITISH value received Belfast For the Northern Banking Company Limited |
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| Comments |
The Northern Banking Company Limited was one of the smaller Belfast-based provincial banks still issuing its own notes in the early twentieth century, operating independently until its absorption into the Midland Bank group in 1923. By 1905, private bank note issue in Ireland was already a contracting privilege — the Bank of Ireland held a near-monopoly position, and provincial issuers were under steady pressure. A £10 denomination implies wholesale rather than retail circulation; this was not pocket money.
Perkins Bacon's steel-engraved plates gave these notes a precision that outlasted many of the institutions that commissioned them. The Northern Banking Company series is genuinely scarce at this value.