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1 Pound Lloyd's Bank

Issuer Lloyds Bank Limited
Year 1955-1961
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Size 150 × 84 mm
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Obverse description The obverse is printed in dark purple-black on a light guilloche underprint, with the bank title 'LLOYDS BANK LIMITED' in large bold letterpress across the upper portion, beneath which a small central vignette shows a horse and rider within an ornate cartouche. Serial numbers appear at upper left and right flanking a 'ONE POUND' tablet, while the promise-to-pay text is rendered in copperplate script, with 'DOUGLAS, ISLE OF MAN' and a small sailing ship vignette at lower centre above the accountant and manager signature lines.
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Reverse description The reverse is printed in teal and pink on a radiating guilloche ground, with 'LLOYDS BANK LIMITED' arching across the top and 'ISLE OF MAN' below it. At centre, a circular medallion encloses the Isle of Man triskelion arms surrounded by the Latin motto 'QUOCUNQUE JECERIS STABIT', all set within an elaborate engine-turned oval frame with 'ONE' repeated at left and right. The head office address appears in a curved banner along the lower margin.
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Comments

Lloyds Bank continued issuing its own sterling notes well into the postwar period, but only in Scotland and Northern Ireland, where the right of commercial banks to issue currency was preserved under separate legislative frameworks from the Bank of England's monopoly in England and Wales. This particular series, printed by W.W. Sprague — a firm with deep roots in banknote and security printing — ran through the late 1950s, a period when the practical case for retaining private bank issues was being quietly eroded by regulatory pressure and the sheer dominance of Bank of England notes in everyday commerce.

Lloyds ultimately ceased issue in 1961, making this among the final notes produced under that centuries-old entitlement.

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