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5 Shillings Douglas Bank
| Issuer | Douglas Bank Company |
|---|---|
| Year | 1811 |
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| Composition | Silver |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Central field bears a multi-line text inscription stating the promise-to-pay obligation of the Douglas Bank Company, incorporating the denomination and date, all enclosed within a raised circular border. The inscription is arranged in concentric lines filling the field, consistent with the banking token format of the period. No additional figural or allegorical devices are present. |
| Reverse script | Latin |
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| Additional information |
The Douglas Bank Company operated out of Douglas on the Isle of Man, issuing token coinage during the chronic small-change shortages that plagued the British Isles in the late eighteenth and early nineteenth centuries. Westminster's reluctance to supply adequate regal coinage to outlying territories left local merchants and private banks to fill the gap themselves. The 1811 date places this piece squarely in the second great wave of provincial token production, which largely collapsed after the Coinage Act of 1816 brought official silver back into circulation.
The Douglas Bank itself was a short-lived institution — private Manx banking of this period was notoriously unstable, and few of these issuers survived past the 1820s.