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This series of notes had denominations of £5, £10, £20, £50 and £100. No Irish pound note was designed because the currency had a coin of this value since 1990. This series was introduced at short notice, with the £20 note being the first to be issued, following widespread forgery of the Series B £20 note.
The one pound note has a portrait of Medb, the legendary Queen of Connacht in Irish mythology. Also a pre-Christian geometric design based on those found on bone slips is used in on the note, the background is an excerpt from the Táin. The reverse is a decorated excerpt from Lebor na hUidre, the oldest surviving Irish manuscript.
Irish pound coins and notes ceased to be legal tender on 9 February 2002. [15] All Irish coins and banknotes, from the start of the Irish Free State onwards, both decimal and pre-decimal, may be redeemed for euros at Ireland's Central Bank in Dublin.
The Bank of Ireland was the first joint stock bank to produce notes intended for use throughout Ireland; its first issue was in 1783. [2] Early notes were denominated either in Irish pounds or guineas, with 1 guinea equal to 1 pound 2 shillings 9 pence Irish.
The Currency Commission of the Irish Free State prescribed the design of the notes and received advice from an advisory commission. Waterlow and Sons, Limited, London printed the notes on behalf of the commission. The series consists of notes in seven denominations: 10s, £1, £5, £10, £20, £50 and £100. [1]
An example (£10 note) of the Series C Banknotes. The Series C Banknotes (Irish: Nótaí bainc sraith C) of Ireland were the final series of notes created for the state before the advent of the euro; they replaced Series B banknotes. The series gradually entered circulation from 1992 and remained in circulation until 2002. [1
Of these denominations, only the 1 pound has ceased to be issued by all banks, with the last produced by the Allied Irish Banks in 1984. The 5 pound note is only issued now by Bank of Ireland and Ulster Bank, and Northern Bank stopped issuing notes over £20 when it was rebranded as Danske Bank.
Banknotes issued by Scottish and Northern Irish banks have to be backed pound for pound by Bank of England notes (other than a small amount representing the currency in circulation in 1845), and special £1 million and £100 million notes are used for this purpose. Their design is based on the old Series A notes. [60] [95]