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5 Pounds National Bank

Issuer Currency Commission Ireland
Year 1929-1939
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Printer Thomas De La Rue & Company, London, United Kingdom
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Reverse description The central intaglio vignette presents a finely engraved panoramic view of St. Patrick's Bridge over the River Lee in Cork, with the city's skyline including church towers and merchant buildings rendered in precise detail against a cloud-filled sky. The vignette is set within an elaborate arched frame of dense guilloche lacework and acanthus scroll ornamentation, with large '£5' denomination cyphers positioned at the lower left and right within scrolled cartouches. A pale blue guilloche underprint extends across the entire reverse field.
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Protection type Watermark
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The Currency Commission was itself an unusual institution — not a central bank but a statutory body established under the Currency Act of 1927, tasked with managing Ireland's new currency while maintaining a rigid one-for-one parity with sterling. The "Consolidated Banknote" series, of which this is a part, replaced the notes of eight separate Irish banks simultaneously, an administrative feat with no real precedent in post-independence currency transitions.

De La Rue's engraved printing held up well under circulation, but the series as a whole was superseded when the Central Bank of Ireland Act 1942 wound down the Commission's note-issuing role. Higher denominations like this one saw less daily handling and consequently survive in better average condition than the smaller values.

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