Northern Banking Company Notes Pre-1929

Banknotes issued by Joint Stock Banks prior to 1929
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DOC
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Re: Northern Banking Company Notes Pre-1929

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Here is a Northern Banking Company £4 proof note, single branch (Belfast), Second Issue, 1825-1850. This denomination is unusual and seldom seen for any of the Irish Joint Stock Banks.
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Northern Banking Company 4 pound Proof ca.1825-1850 Belfast.jpg
Northern Banking Company 4 pound Proof ca.1825-1850 Belfast.jpg (169.72 KiB) Viewed 2797 times
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Re: Northern Banking Company Notes Pre-1929

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Besides the Northern, I have only seen examples of £4 notes for the Provincial Bank of Ireland, which issued the denomination in its early days.
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Re: Northern Banking Company Notes Pre-1929

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Here is an interesting example of the late use of a bank post bill by an Irish Joint Stock bank. The title of the bank, Northern Banking Company Limited, suggests that this post bill is from old stock dating back at least to the 1920’s.

Peter Symes provides an excellent overview of Bank Post Bills in the following article.
www. pjsymes.com.au/articles/PostNotes.htm#note_20
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Northern Banking Company Limited Bank Post Bill  7l 13s 1d 30th Jan.1964.jpg
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Re: Northern Banking Company Notes Pre-1929

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Like the Bank of Ireland, the Northern Banking Company used post bills. Here is an unissued example from the 1860’s drawn by the bank upon Bank of Ireland.
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Northern Banking Company Post Bill Unissued 1860-1869.jpg
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Re: Northern Banking Company Notes Pre-1929

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The Northern Banking Company was established as a joint stock banking company in 1824, taking advantage of a change in law which ended the monopoly position of the Bank of Ireland. The Northern Banking Company issued its first notes in 1825 incorporating a vignette of a ship along with a plough and loom and this design feature was maintained for many years right up to 1968.

I recently came across a £1 Specimen note of Manchester Bank printed in 1820 by Perkins Fairman & Heath which has the same vignette as adopted by The Northern Banking Company in 1825. It seems that the Manchester Bank never used the design and it was repurposed by the engravers and printers for the Northern Banking Company by adding the name ‘HIBERNIA’ to the ship. There are also some other minor modifications if you can spot them !

Northern-Banking-Company-Vignette-1-Pound-Specimen-ca1863.jpg
Northern-Banking-Company-Vignette-1-Pound-Specimen-ca1863.jpg (74.78 KiB) Viewed 2474 times
Manchester-Bank-Vignette-1-Pound-Specimen-ca1820.jpg
Manchester-Bank-Vignette-1-Pound-Specimen-ca1820.jpg (116.12 KiB) Viewed 2474 times
Manchester-Bank-William-Jones-&-Co.-1-Pound-Specimen-Unissued-ca1820.jpg
Manchester-Bank-William-Jones-&-Co.-1-Pound-Specimen-Unissued-ca1820.jpg (79.89 KiB) Viewed 2474 times
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Re: Northern Banking Company Notes Pre-1929

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Here is a nice example of a 25 Shillings note, Belfast Branch, from the Second Issue of The Northern Banking Company in proof form which dates from 1825-1850. A contemporary forgery of this note dated 1830 is included for comparison.
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Northern Banking Company 25 Shillings Proof ca. 1825-1830.JPG
Northern Banking Company 25 Shillings Proof ca. 1825-1830.JPG (144.2 KiB) Viewed 1706 times
Northern Banking Company 25 Shillings Forgery 15th Jan.1830 Belfast.jpg
Northern Banking Company 25 Shillings Forgery 15th Jan.1830 Belfast.jpg (74.99 KiB) Viewed 1706 times
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Re: Northern Banking Company Notes Pre-1929

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I am not aware of surviving issued examples of any denomination of Northern Bank notes this early.
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Re: Northern Banking Company Notes Pre-1929

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This Northern Banking Company £10 proof note, printed by Carpenter & Co., was sold at Spink World Banknote Auction (24100) in March 2024. It is from the First Issue, denominated in Irish pounds and payable to John McCance Esq., Chairman of the Committee. The assimilation of the Irish currency into the British currency system took place on the 6th January 1826, and prompted the Northern Banking Company to withdraw the 1825 Issue and introduce a new issue in 1826, denominated in British currency.
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Northern Banking Company 10 Pounds Proof 1825.jpg
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Re: Northern Banking Company Notes Pre-1929

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This Ipswich Bank £10 note from the 1820’s bears a striking resemblance to the Northern Banking Company £10 from 1825. Banknote engravers frequently integrated similar design features into the notes of different banks.
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Ipswich Bank 10 Pounds Proof James Esdaile & Co. 1820's.jpg
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Re: Northern Banking Company Notes Pre-1929

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Yes, reusing elements, and each others' ideas!
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