Provincial Bank of Ireland £5 1926 Unissued Note, Gem Uncirculated
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Product Overview
Just as in Canada, chartered banks in Ireland were authorized to issue their own banknotes, and the Provincial Bank of Ireland was authorized to issue banknotes for use within Ireland. Also similar to Canada, original notes from this era are extremely scarce and highly sought after by collectors. Although these notes were issued by an Irish bank, they were in pounds sterling and guarantee by the Bank of England.
This is a near perfect gem, uncirculated and unissued, specimen 1926 five pound note, from the archives of the Provincial Bank of Ireland. It is an original note that was produced close to a century ago, and stored in the vaults of the Provincial Bank of Ireland. The design features both English and Irish themes, with a Britannia figure and a seated Hibernia figure. Perhaps most significantly, there were no issued notes of this denomination in this year.
This note dates from an important turning point in the history of Ireland, and it is this history that resulted in this note never being issued. In May of 1921, Ireland was divided into Northern and Southern Ireland. Northern Ireland remained part of the United Kingdom, while Southern Ireland (Republic of Ireland) gained independence. At first, the same money that had been used before the partition continued to be used throughout both, but in the late 1920s currency was separated, and new notes were issued for both Northern Ireland and the newly independent Republic. While this 1926 £5 note was planned to be issued for circulation, it was at this point that currency reform was implemented, and final notes were never released. Today, the few surviving unissued samples of the 1926 £5 note serve as a significant relic of this time in Irish history.
Includes:
• Provincial Bank of Ireland £5 1926 Unissued Note, Gem Uncirculated
Warranty Information:
This product comes with a 30-day warranty through TSC.
This is a near perfect gem, uncirculated and unissued, specimen 1926 five pound note, from the archives of the Provincial Bank of Ireland. It is an original note that was produced close to a century ago, and stored in the vaults of the Provincial Bank of Ireland. The design features both English and Irish themes, with a Britannia figure and a seated Hibernia figure. Perhaps most significantly, there were no issued notes of this denomination in this year.
This note dates from an important turning point in the history of Ireland, and it is this history that resulted in this note never being issued. In May of 1921, Ireland was divided into Northern and Southern Ireland. Northern Ireland remained part of the United Kingdom, while Southern Ireland (Republic of Ireland) gained independence. At first, the same money that had been used before the partition continued to be used throughout both, but in the late 1920s currency was separated, and new notes were issued for both Northern Ireland and the newly independent Republic. While this 1926 £5 note was planned to be issued for circulation, it was at this point that currency reform was implemented, and final notes were never released. Today, the few surviving unissued samples of the 1926 £5 note serve as a significant relic of this time in Irish history.
• Provincial Bank of Ireland £5 1926 Unissued Note, Gem Uncirculated
Warranty Information:
This product comes with a 30-day warranty through TSC.
