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Ireland has a history of trading its own banknotes for several centuries, both when the whole of Ireland was one legal entity, and following partition of the island into the Republic of Ireland and Northern Ireland.
The British and Irish Governments had made an informal agreement in 1923 to divide the stamp duty on circulating notes as follows: the Government of Northern Ireland would collect the duty on banknotes of the Northern, Ulster and Belfast Banks, whilst the Government of the Irish Free State would collect the duty on the notes of the Bank of ...
Banknotes of the Republic of Ireland. See also: Coinage of the Republic of Ireland. The Irish Free State, subsequently known as Ireland, resolved in the mid-1920s to design its own coins and banknotes. Upon issuing the new currency, the Free State government pegged its value to the pound sterling.
195 Dates of issue on Irish Ploughman notes Linked from this page are pages giving an example of every known date for each denomination of the Consolidated, Ploughman notes. All the known £10 notes and almost all of the known £5 and £1notes have been recorded.
Scottish and Northern Ireland banknotes. Only the Bank of England issues banknotes in England and Wales, but six banks in Scotland and Northern Ireland can also issue banknotes. Coins are manufactured and issued by the Royal Mint.
In 1922, three types of banknotes were in circulation in Ireland: British Treasury notes, Bank of England notes and notes issued by Irish banks, with only the first of these having legal tender status. While this situation may have been less than satisfactory, no serious inconvenience was involved in a temporary
Of the eight banks authorised to issue sterling notes in the UK, only the Bank of England can issue banknotes in England and Wales, where its notes are legal tender. Bank of England notes are not legal tender in Scotland and Northern Ireland, but are always accepted by traders.
