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5 Pounds Ulster Bank
| Issuer | Ulster Bank Limited |
|---|---|
| Year | 1924 |
| Type | Log in to see details |
| Value | 5 Pounds (5 Puint) |
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| Composition | Log in to see details |
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| Obverse description | The note is headed "Ulster Bank Limited" in bold gothic lettering across the top, with the numeral "5" in each upper corner. A central vignette presents a full-rigged sailing ship at sea, framed within an oval cartouche and flanked by intricate guilloche panels and ornamental scrollwork on both sides. The denomination "FIVE POUNDS" is rendered in large green letterpress across the centre, accompanied by the date "Belfast, 1st Decr 1924", a manuscript promise-to-pay text, and the issuing legends "For the Ulster Bank Limited" with a manuscript signature, "Belfast" and "Dublin" at the foot. |
|---|---|
| Obverse lettering | Ulster Bank Limited I Promise to pay the Bearer on Demand Five Pounds Sterling at the Head Office of the Bank in Belfast For the Ulster Bank Limited Belfast Dublin |
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| Comments |
Ulster Bank Limited occupied an unusual position in the Irish banking system during the 1920s — a Belfast-headquartered institution issuing private banknotes under the Currency Act 1927 framework, yet operating commercially on both sides of the newly hardened border. The 1924 date places this note in the brief window before Southern Irish regulations began squeezing cross-border note circulation in earnest.
Waterlow and Sons had a long relationship with Irish private banks, and their intaglio work on Ulster Bank issues of this period is generally competent. Known examples show a tendency toward ink offset along the lower margin, apparently a recurring feature of this specific print run rather than mishandling.