Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

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Mac
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Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

The Extraordinary Issue One Pound notes with prefixes 01X and 02X were issued in 1974, and caused a minor panic at the time (as reported then in Irish Numismatics, and other media) as the notes did not contain a metallic security thread (introduced in 1971), and people thought these notes were forgeries.

The notes were a response to a shortage of £1 notes and had been printed in 1963 with non-standard prefixes, 01X and 02X.

Interesting indeed.

Central Bank of Ireland One Pound 1963 01X prefix.
Image


These notes also exist with dark ink date and serial numbers, the mulberry variety.
Not a very good pic on this one, but it does illustrate the difference.

Central Bank of Ireland 1 Pound 11.3.63 01X prefix, Mulberry serial numbers.
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Mac
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Re: 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

I've done a quick survey on these to track serial numbers to test if both prefixes were completed.

Both prefixes go well into the 900000 region, so it is pretty certain that the full two million notes were printed for the date, and that they were all issued.

I wouldn't mind having 01X 1000000, if it was printed.
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Vellakare
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Re: 01X and 02X One Pound notes, dated 11.3.63

Post by Vellakare »

These were issued due to a Banking Strike taking place at that time. That's the background for this anomaly.
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Re: 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

Yes, but the anomaly is their existence in the first place.
Were they printed to be used as replacements, perhaps?
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Re: 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

Latest update on the survey of the 11.3.63 01X and 02X notes.

Notes have been seen for both prefixes from all the number ranges leading 0 to 9 except for the following areas:
01X 400000 — no notes recorded in this hundred thousand region. Reported, see below!
02X 200000 — no notes recorded in this hundred thousand region. Reported, see below!

Highest note recorded is 02X 962538. 02X 977159.
Lowest note recorded is 01X 056159.

From these data, it is reasonable to conclude that all two million 01X and 02X notes were issued.
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Re: 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

An eagle-eyed visitor just sent a scan of a note filling in one of the missing number gaps:
£1 02X 264777.

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That leaves just the 01X 400000 region.
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Re: 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

A new highest number has just been reported:
02X 977159.

The survey of these notes is continuing.

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Re: 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

Added 12 new notes to the survey.
Highest number has been pushed out to 02X 987752.

EDIT.
There are 119 notes recorded in the survey thus far.
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

I just spotted two examples of an 01X note in the 400000 region: numbers 01X 403657 and 01X 417396, pictured.
The picture isn't great, but good enough for the number to be visible, which is all we need.
01X403657.jpg
01X403657.jpg (34.45 KiB) Viewed 19424 times
This completes the observation of all the number ranges leading 0 to 9 for both prefixes.

EDIT.
There are now 141 notes recorded in the survey by image.
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by gaelicyoda »

Here's a better one...
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01X-417396.jpg
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

Much better, thanks!
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

153 notes recorded as of today.
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

Three more notes added, brings the count to 156.
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

A few of these have turned up lately.
Total now stands at 164.
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

The number of recorded notes now stands at 175.
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by JohnnyQ »

Here are my X reg notes for the list.
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

Nice!! Thanks for those, I will check them in to the database.

EDIT: All new :) That brings the total count of recorded notes to 183.
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by wifwaf41 »

Mac, you probably have this one in the Database:

I have a 01X = 01X 910264 Nice EF

One_Pound_11-3-63_01X_Resample.jpg
One_Pound_11-3-63_01X_Resample.jpg (187.76 KiB) Viewed 14907 times

(This note is on page 108 of Book: "Irish Banknotes - Irish Government Paper Money from 1928" Published 1999 - Martan Mac Devitt)
Page 108 IB1999_Resample.jpg
Page 108 IB1999_Resample.jpg (158.93 KiB) Viewed 14907 times
AND

a 02X = 02X 896162 About EF
One_Pound_11-3-63_02X_Resample.jpg
One_Pound_11-3-63_02X_Resample.jpg (218.73 KiB) Viewed 14907 times
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by Mac »

@wifwaf41
Have those two already in the database. I hadn't noticed that one of them was in the book!
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Re: Extraordinary Issue 01X and 02X One Pound notes, dated 11.3.63

Post by JohnnyQ »

I’m still trying to come up with a reason for these notes having been produced. I’ve noticed mention in the CBI archive of research into the revenue commissioners producing currency as I think the did with stamps. Could it be a trial run from them. Also just looking at a documentary about the winter of 1963 where both Britain and Ireland were practically closed down from end of December 62 to March 63. Could these be some was connected to this event? A small batch delivered in less a less secure way than normal due to the disruption and numbered differently so they could be identified like warcodes.
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