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100 Pounds Northern Bank
| Issuer | Northern Bank Limited |
|---|---|
| Year | 1929 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | The reverse is dominated by three large circular guilloche rosettes arranged horizontally, each composed of intricate lathe-work patterns in blue. The central rosette contains the interlaced monogram of the Northern Banking Company Limited, while the two flanking rosettes bear the numeral "100" in bold at their centres. A faint mirror-image ghosting of the obverse text is visible through the paper as a security underprint. |
| Reverse lettering | Established 1824 |
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| Comments |
Northern Bank Limited was a Belfast-based institution operating as a private commercial bank when this note was issued — not a central bank, and not a government authority. Northern Ireland's unusual banking structure permitted several commercial banks to issue their own notes well into the twentieth century, a right that persisted long after it had been abolished in Great Britain proper.
The £100 denomination was never a note for ordinary commerce. At 1929 values it represented a substantial sum, and examples would have moved between businesses and bank branches rather than across shop counters. Survival rate is accordingly low — high-denomination commercial notes were typically returned to the issuer quickly and cancelled rather than saved.