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5 Pounds Provincial Bank of Ireland

Issuer Provincial Bank of Ireland Limited
Year 1954-1965
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Currency Pound sterling (1929-date)
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Obverse description Central oval vignette of a veiled female portrait in brown intaglio, flanked by large sterling pound symbols on either side. The bank title 'PROVINCIAL BANK OF IRELAND LIMITED' appears in a decorative panel across the top, with founding and issue authority inscriptions at upper left and serial number at upper right. The promise-to-pay text, denomination, date, and a manuscript signature appear in the lower portion against a fine guilloche underprint.
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Reverse description The centre of the reverse carries an engraved vignette of the Provincial Bank of Ireland's neoclassical Belfast branch building, set within an elaborate symmetrical guilloche rosette pattern printed in brown. Large Gothic-script pound sterling symbols flank the central vignette on both left and right, with the printer's imprint visible at the lower right margin.
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The Provincial Bank of Ireland was founded in 1825 by a London-based consortium specifically to serve areas outside Dublin — the so-called "provincial" districts where the Bank of Ireland's monopoly did not fully reach. By the 1950s the bank still maintained that regional identity, though it was operating as a fully modern commercial institution and would eventually merge into Allied Irish Banks in 1966, making this issue one of the last produced under the Provincial name.

Waterlow & Sons printed Irish commercial banknotes for several issuers across this period. The eleven-year issue window for P#242 is wide enough that individual examples can be dated only by examining the handwritten or stamped date at signature.

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