Bank of Kingscourt 1805-1809

Banknotes issued by Irish Private Banks ca1700–ca1833
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ThePloughman
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Bank of Kingscourt 1805-1809

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A One Guinea note from the Bank of Kingscourt.

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ThePloughman
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Re: Bank of Kingscourt 1805

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An issued version of the Bank of Kingscourt One guinea note dated 7th April 1809.

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DOC
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Re: Bank of Kingscourt 1805

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Bank of Kingscourt is the only Private Bank known to have issued notes in Co. Cavan. In addition to the 1 Guinea notes, Post bills for 3 Guineas have also been seen. The unissued example attached dates from 1805-1809 and indicates that the Bank also operated from a Dublin office, address unknown. The design bears a resemblance to Bank of Ireland notes of this era.
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Bank of Kings Court 3 Guineas Post Bill Unissued ca 1805-1809.JPG
Bank of Kings Court 3 Guineas Post Bill Unissued ca 1805-1809.JPG (127.42 KiB) Viewed 2732 times

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Mac
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Re: Bank of Kingscourt 1805-1809

Post by Mac »

Could this bank have been acting as an agent for the Bank of Ireland, I wonder.
The issued One Guinea note has a very intricate serial number, and the issues of the bank does not have partners' names on them.

The guinea note above looks to be signed 'Beagley'

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Re: Bank of Kingscourt 1805-1809

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It is entirely plausible that this Bank acted as agent for Bank of Ireland as it had offices in Dublin and Kingscourt. It also might explain why the Bank of Ireland allowed them to operate without listing its partners !

It is interesting to note that not all private banks obeyed the rules on listing partners. Another example is Ross Bank and some silver notes by other issuers.

There are a number of unusual features regarding the issued 1 Guinea note. The numbering system is bizarre and the presence of two dates is a curious feature. The name of the payee also appears to have been altered. We may need to see another example of an issued note from this Bank to confirm that this is not a spurious issue.

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Re: Bank of Kingscourt 1805-1809

Post by Mac »

This bank is also not mentioned in a recently published list of the 84 Private Banks that existed between 1797 and 1820.
(New hot off the press research here!).

I had a quick look in Hall (1949), and there is no mention of Kingscourt in its listing of Private Banks either, though this is not comprehensive, as only private banks relevant to the book are mentioned.

The two dates on the 1 Guinea are an oddity, an issue date and a maturity date perhaps.

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Re: Bank of Kingscourt 1805-1809

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Mac wrote:
11 Oct 2020 18:08
a recently published list of the 84 Private Banks that existed between 1797 and 1820.
(New hot off the press research here!).
Exciting to hear news of this latest research into The Irish Private Banks !

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