First Trust Bank to cease issuing

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Vellakare
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First Trust Bank to cease issuing

Post by Vellakare » 14 Feb 2019 07:39

They were never the most enthusiastic of issuers in the first place, though their notes remained the most 'Irish' in generic appearance at the end.

https://firsttrustbank.co.uk/personal-d ... cement.pdf

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Mac
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Re: First Trust Bank to cease issuing

Post by Mac » 14 Feb 2019 12:32

That's quite a big step, terminating the note issue after (counts fingers for a moment) 198 years!

I wonder if it is connected to Brexit and/or AIB's bailout.

Watch out for those final dates of issue people, they may sneak in a short printage last date and maybe a replacement too.

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Re: First Trust Bank to cease issuing

Post by DOC » 14 Feb 2019 20:24

Sad to see the end of a long tradition of banknote issue going right back to The Provincial Bank in the early 19th Century. I wonder if the pressure to introduce polymer notes was an additional factor leading to this decision?

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Re: First Trust Bank to cease issuing

Post by Vellakare » 18 Feb 2019 10:15

I'd definitely suspect it was down to the cost and pressure to introduce Polymers. Like I said - they were not the most enthusiastic issuing authority, being amongst the first to discontinue issuing 1 and 5 Pound notes.

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Re: First Trust Bank to cease issuing

Post by DOC » 15 Mar 2020 20:45

DNW recently held a Charity Sale of items from the AIB Archive. There were lots of interesting banknote related items including uncut sheets, test prints, proofs, specimens and issued notes.

The 1993 £50 First Trust Bank proof attached is a date previously unknown for this note type. The £100 First Trust Test Print is from a printer’s proof booklet. These items give some insights into the design and production process employed for these banknotes.
Attachments
First Trust £50 Proof 1st July 1993 McElroy.jpg
First Trust £50 Proof 1st July 1993 McElroy.jpg (146.76 KiB) Viewed 423 times
First Trust £100 Test Print 1st July 1993 McElroy.jpg
First Trust £100 Test Print 1st July 1993 McElroy.jpg (172.06 KiB) Viewed 423 times

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Mac
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Re: First Trust Bank to cease issuing

Post by Mac » 16 Mar 2020 08:10

These production proofs do give a very interesting insight into the manufacturing process of the banknotes.
I would guess that putting non-standard issue dates on proof notes is possibly a security measure.

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