National Bank 1929–1964 (merged with Bank of Ireland)

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The Governor
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National Bank 1929–1964 (merged with Bank of Ireland)

Post by The Governor »

The National Bank's first Northern Ireland issue was an entirely new design.

Four denominations were printed. All are rare. £20 is very rare, with only three examples confirmed at the last count.

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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by The Governor »

The National Bank produced a new design second Northern Ireland issue in 1937 which continued in use until the bank was taken over by Bank of Ireland in 1966.

Of these, the £20 note is quite scarce. The other denominations are scarce in high grade.

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DOC
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

Here is an interesting £5 colour trial from about 1937.
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National Bank 5 Pounds Colour Trial ca.1937.jpg
National Bank 5 Pounds Colour Trial ca.1937.jpg (132.88 KiB) Viewed 7701 times
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by ThePloughman »

It's the wrong color! That color is not used on any of the issued notes, I think.
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

Yes, this colour was not adopted on any of the issued notes. I have not seen colour trials for any of the other denominations but it is possible that some were printed.
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

Here is a scan of a rare £20 National Bank specimen note from 1937 that I recently came across. Specimens of the other denominations probably exist.
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National Bank 20 Pounds Specimen 1st Jan. 1937  Green.jpg
National Bank 20 Pounds Specimen 1st Jan. 1937 Green.jpg (69.25 KiB) Viewed 6909 times
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by ThePloughman »

I have only ever seen the 5 Pounder 1964 as a specimen, this 20 is a real nice find.
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

Here is a new addition for the Irishpapermoney gallery of National Bank £1 notes. First Series National Bank notes are scarce and seldom offered for sale.
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National Bank 1 Pound 1st Jan. 1932 Green.jpg
National Bank 1 Pound 1st Jan. 1932 Green.jpg (176.06 KiB) Viewed 4969 times
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by Mac »

Thanks for that one Doc — nice to fill in the rarer notes occasionally!
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by Mac »

Added two additional notes to the National Bank date listings.
This leaves two £1 notes of Series E (1929–1934) to be found, and completes the listing for Series F (1937–1964).

National Bank Five Pounds 1 October 1934
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National Bank One Pound 1 Feb 1937
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

Here is a National Bank 1929 £1 note with low serial number which recently came to light. It suggests that examples with low numbers were retained and given to high ranking bank officials at the time.
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National Bank 1 Pound 6th May 1929 Green.jpg
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

The National Bank of Ireland prepared one final note in 1964, a £5 note with the signature of R.W. Maguire. It seems that these notes were never issued. Only specimens in various forms have been observed to date.

Specimens with the De La Rue overprint are most often seen and an example of this specimen is attached (front and back).
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National Bank 5 Pounds De La Rue Specimen 1st May 1964 Maguire.jpg
National Bank 5 Pounds De La Rue Specimen 1st May 1964 Maguire.jpg (161.4 KiB) Viewed 584 times
National Bank 5 Pounds De La Rue Specimen 1st May 1964 Maguire Reverse.jpg
National Bank 5 Pounds De La Rue Specimen 1st May 1964 Maguire Reverse.jpg (149.38 KiB) Viewed 584 times
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by Mac »

DOC wrote: 07 Jun 2021 20:58 Here is a National Bank 1929 £1 note with low serial number which recently came to light. It suggests that examples with low numbers were retained and given to high ranking bank officials at the time.
Interesting to see it. I would expect that banknote number 000001 was also retained.
A note like this, the first note or in this case the second note of a new design is highly significant in numismatic terms.

Generally, the signatory would have had the opportunity to retain the first note, or a low number of a new design print run (this is known to have been the case with the Bank of Ireland and the Currency Commission and Central Bank). £1 notes tended to be kept.

It is also known that higher denomination number 000001 notes were both kept (National Bank Ploughman £10), and put into circulation (Provincial Bank Ploughman £10).
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

Yes, it seems likely that the number 000001 note was also retained. The number 000001 £1 notes of the first Northern Ireland Issue are also known for The Bank of Ireland and Provincial Bank of Ireland. Perhaps, the 000001 notes of the other joint stock banks will turn up in due course !
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

Here is an example of a 1964 National Bank £5 specimen without the De La Rue overprint.
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National Bank 5 Pounds Specimen 1st May 1964 Maguire.jpg
National Bank 5 Pounds Specimen 1st May 1964 Maguire.jpg (152.14 KiB) Viewed 195 times
National Bank 5 Pounds Specimen 1st May 1964 Maguire Reverse.jpg
National Bank 5 Pounds Specimen 1st May 1964 Maguire Reverse.jpg (130.32 KiB) Viewed 195 times
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Re: National Bank 1929–1964 (merged with Bank of Ireland)

Post by DOC »

Here is another variant of the 1964 National Bank £5 specimen with ‘CANCELLED’ outlined in the form of small punch holes.
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National Bank 5 Pounds Specimen 1st May 1964 Maguire.jpg
National Bank 5 Pounds Specimen 1st May 1964 Maguire.jpg (183.66 KiB) Viewed 24 times
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