Galway Bank • 1802–1813

Banknotes issued by Irish Private Banks ca1700–ca1833
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Mac
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Galway Bank • 1802–1813

Post by Mac » 14 Oct 2016 00:13

Galway Bank was rather short lived.

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Galway Bank One Guinea 1813.
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As ever, more to follow.

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Re: Galway Bank • 1802–1813

Post by Mac » 08 Nov 2016 22:27

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Galway Bank 25 Shillings 1813.

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Re: Galway Bank • 1802–1813

Post by DOC » 10 Nov 2016 23:23

An unissued 30 Shillings note from this partnership.

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Re: Galway Bank • 1802–1813

Post by DOC » 14 Nov 2016 20:34

A second type of 30 Shilling note from this partnership. Although marked as a forgery, this example is probably faithful to the original design.

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Re: Galway Bank • 1802–1813

Post by ThePloughman » 21 Nov 2016 14:10

Are there any pictures of £3 or £5 notes for this bank?

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Re: Galway Bank • 1802–1813

Post by DOC » 18 Dec 2016 20:34

I have not seen a £3 or £5 note from this bank, although 3 Guinea Post Bills are known. Example attached.

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Re: Galway Bank • 1802–1813

Post by ThePloughman » 19 Dec 2016 02:37

3 guineas is kind of a wierd denomination for a banknote.
Dont think I've seen one before.

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Re: Galway Bank • 1802–1813

Post by Mac » 17 Jan 2017 18:45

Denominations tended to exist for certain transaction types, I expect.

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Re: Galway Bank • 1802–1813

Post by DOC » 05 May 2017 22:04

Here is a Galway Bank note from a different partnership, Walter Joyce and Mark Lynch. Another unusual denomination.
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Galway Bank Walter Joyce & Co.  6 Shillings 12th July 1804.jpg
Galway Bank Walter Joyce & Co. 6 Shillings 12th July 1804.jpg (61.44 KiB) Viewed 671 times
Last edited by DOC on 12 Aug 2018 20:49, edited 1 time in total.

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Re: Galway Bank • 1802–1813

Post by ThePloughman » 11 May 2017 01:56

6 shillings is odd, I dont remember seeing this for another bank. I guess the denominations printed by the banks were what was needed at the time by commerce.

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Re: Galway Bank • 1802–1813

Post by DOC » 20 May 2017 22:37

Lower value notes were intended to compensate for the chronic shortage of coinage which resulted from the Napoleonic Wars. According to PMI, 'silver notes' were defined in an Act of 1799 as notes for 9 shillings, 6 shillings and 3 shillings 9 and half pence. The last one equates to 1/6th of a British Guinea. The non-equivalence of the Irish and British pounds lead to odd denominations in Irish currency.

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Re: Galway Bank • 1802–1813

Post by ThePloughman » 21 May 2017 03:22

DOC wrote:The non-equivalence of the Irish and British pounds lead to odd denominations in Irish currency.
This adds a bit of extra interest to the bank notes of the time too.

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