Ulster Bank 1929 - Continuing

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Ulster Bank 1929 - Continuing

Post by DOC »

This 1929 Ulster Bank £100 was sold recently at Noonans. An interesting feature is the bank stamp on the reverse which indicates that the note passed through the Limerick Branch in 1970 and suggests that these high denomination notes circulated for many years after their issue date.
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Ulster Bank 100 Pounds 1st June 1929 Patton.jpg
Ulster Bank 100 Pounds 1st June 1929 Patton.jpg (189.63 KiB) Viewed 2905 times
Ulster Bank 100 Pounds 1st June 1929 Patton Reverse.jpg
Ulster Bank 100 Pounds 1st June 1929 Patton Reverse.jpg (134.91 KiB) Viewed 2905 times
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Re: Ulster Bank 1929 - Continuing

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DOC wrote: 07 Jan 2024 12:51 ...suggests that these high denomination notes circulated for many years after their issue date.
The same was the case for high denomination Northern Bank 1929 overprints, £50 and £100 notes, resulting in the ready supply of examples in high grade that we see today!
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Re: Ulster Bank 1929 - Continuing

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The Ulster Bank issued its first Northern Ireland Series from 1929-1934. The following denominations were produced: £1, £5, £10, £20, £50 & £100. These notes were hand signed and uniface. Here is an example of a £50 note issued in 1929, signed by C.W. Lester. His printed signature later appeared on Ulster Bank Ploughman notes.
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Ulster Bank 50 Pounds 1st June 1929 C.W. Lester.jpg
Ulster Bank 50 Pounds 1st June 1929 C.W. Lester.jpg (203 KiB) Viewed 2497 times
Ulster Bank 50 Pounds 1st June 1929 C.W. Lester Reverse.jpg
Ulster Bank 50 Pounds 1st June 1929 C.W. Lester Reverse.jpg (137.12 KiB) Viewed 2497 times
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Re: Ulster Bank 1929 - Continuing

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Here is an example of an Ulster Bank £20 from the first Northern Ireland issue. The note issued in 1929 is signed by H.Gore.
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Ulster Bank 20 Pounds 1st June 1929 H.Gore.jpg
Ulster Bank 20 Pounds 1st June 1929 H.Gore.jpg (206.22 KiB) Viewed 2394 times
Ulster Bank 20 Pounds 1st June 1929 H.Gore Reverse.jpg
Ulster Bank 20 Pounds 1st June 1929 H.Gore Reverse.jpg (144.5 KiB) Viewed 2394 times
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Re: Ulster Bank 1929 - Continuing

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The first date of the higher denomination Ulster Bank Northern Ireland Issue notes all had dates in June 1929, with just the £1 and £5 notes having dates of 6 May 1929.
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Re: Ulster Bank 1929 - Continuing

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Mac wrote: 17 Mar 2024 22:08 The first date of the higher denomination Ulster Bank Northern Ireland Issue notes all had dates in June 1929, with just the £1 and £5 notes having dates of 6 May 1929.
Yes, the first date for the higher denomination notes was 1st June 1929 while the first dates for the £1 and £ 5 denominations was 6th May 1929. Here is an example of an Ulster Bank £10 from the first Northern Ireland issue. This note is signed by Robert M.B. Harrison.
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Ulster Bank 10 Pounds 1st June 1929 Robert M.B. Harrison.jpg
Ulster Bank 10 Pounds 1st June 1929 Robert M.B. Harrison.jpg (206.26 KiB) Viewed 2268 times
Ulster Bank 10 Pounds 1st June 1929 Robert M.B. Harrison Reverse.jpg
Ulster Bank 10 Pounds 1st June 1929 Robert M.B. Harrison Reverse.jpg (141.34 KiB) Viewed 2268 times
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Re: Ulster Bank 1929 - Continuing

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Here is an example of an Ulster Bank £5 from the first Northern Ireland issue which is signed by H.Gore. The £1 and £5 notes had an earlier first date, 6th May 1929.
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Ulster Bank 5 Pounds 6th May 1929 H.Gore.jpg
Ulster Bank 5 Pounds 6th May 1929 H.Gore.jpg (168.62 KiB) Viewed 2132 times
Ulster Bank 5 Pounds 6th May 1929 H.Gore Reverse.jpg
Ulster Bank 5 Pounds 6th May 1929 H.Gore Reverse.jpg (114.94 KiB) Viewed 2132 times
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Re: Ulster Bank 1929 - Continuing

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Here is an example of an Ulster Bank £1, first date, from the first Northern Ireland issue which is signed by H.Gore. An interesting feature is that notes of the first date were overprinted ‘NORTHERN IRELAND ISSUE’ but the overprint was replaced by a revised plate which had the text engraved on it.

https://www.irishpapermoney.com/norther ... ies-d.html
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Ulster Bank 1 Pound 6th May 1929 Gore.jpg
Ulster Bank 1 Pound 6th May 1929 Gore.jpg (118.63 KiB) Viewed 1968 times
Ulster Bank 1 Pound 6th May 1929 Gore Reverse.jpg
Ulster Bank 1 Pound 6th May 1929 Gore Reverse.jpg (72.32 KiB) Viewed 1968 times
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Re: Ulster Bank 1929 - Continuing

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It is interesting that no significant premium exists for the overprinted notes over those with 'Northern Ireland Issue' engraved. I would tend towards classifying them as two different sub-types.
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Re: Ulster Bank 1929 - Continuing

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The Ulster Bank introduced reverse printing on it notes in 1935 as part of its Second Northern Ireland Issue. The issue was short lived spanning the years 1935-1938 and features the bank’s Head Office Building in Waring Street. Denominations of £1, £5 and £10 were issued.

Here is an example of a £1 note, dated 1938, which was sold in 2022 at Noonan’s as part of the Gus MacAmhlaigh Collection. This is an exceptionally high grade for this scarce type.
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Ulster Bank 1 Pound 1st Feb. 1938 James D. Robinson.jpg
Ulster Bank 1 Pound 1st Feb. 1938 James D. Robinson.jpg (125.05 KiB) Viewed 1562 times
Ulster Bank 1 Pound 1st Feb. 1938 James D. Robinson Reverse.jpg
Ulster Bank 1 Pound 1st Feb. 1938 James D. Robinson Reverse.jpg (81.21 KiB) Viewed 1562 times
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Re: Ulster Bank 1929 - Continuing

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Here is an Ulster Bank £5 note from the Second Northern Ireland issue introduced in 1935. The note is signed by John Griffith and was sold at Noonans, British and Irish Banknotes Auction, in October 2023. This design was short lived and the notes consequently scarce, with a last date for the £5 notes of 1st October 1937.
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Ulster-Bank-5-Pounds-1st-Jan-1935-J Griffith.jpg
Ulster-Bank-5-Pounds-1st-Jan-1935-J Griffith.jpg (96.16 KiB) Viewed 914 times
Ulster-Bank-5-Pounds-1st-Jan-1935-J Griffith Reverse..jpg
Ulster-Bank-5-Pounds-1st-Jan-1935-J Griffith Reverse..jpg (57.46 KiB) Viewed 914 times
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Re: Ulster Bank 1929 - Continuing

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Here is an Ulster Bank £10 note from the Second Northern Ireland issue with an issue date of 1st May 1936. The note is signed by C.W. Lester and was sold at Noonans as part of the Gus MacAmhlaigh Collection in 2022. Only one date was issued for this denomination and the notes are consequently scarce. This is the highest denomination issued for the Second Northern Ireland Series.
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Ulster-Bank-10-Pounds-1st-May-1936-C.W-Lester.jpg
Ulster-Bank-10-Pounds-1st-May-1936-C.W-Lester.jpg (87.17 KiB) Viewed 575 times
Ulster-Bank-10-Pounds-1st-May-1936-C.W-Lester-reverse.jpg
Ulster-Bank-10-Pounds-1st-May-1936-C.W-Lester-reverse.jpg (57.92 KiB) Viewed 575 times
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