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1 Pound Westminster Bank
| Issuer | Westminster Bank Limited |
|---|---|
| Year | 1927 |
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| Currency | Pound (1839-1971) |
| Composition | Log in to see details |
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| Obverse description | Printed in black on white paper, the obverse carries the full promise-to-pay text in letterpress, with a red overprint applying the Westminster Bank Limited name and Isle of Man legal authority clause over the earlier London County Westminster & Parr's Bank Limited format. The text is arranged in a formal typographic layout consistent with British commercial bank notes of the period, with the Douglas office designation and Act of Tynwald reference incorporated into the printed legend. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | WESTMINSTER BANK LIMITED FORMERLY LONDON COUNTY WESTMINSTER & PARR`S BANK LIMITED HEAD OFFICE: 41, LOTHBURY, LONDON ONE POUND |
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| Comments |
Westminster Bank Limited was formed in 1923 through the merger of several regional English banks, and by 1927 was still in the process of consolidating its note-issuing operations. This series, printed by Waterlow & Sons at their London works, represents one of the later privately-issued English provincial bank notes before the Bank of England's monopoly on English note issue became absolute — a process effectively completed by the 1928 Currency and Bank Notes Act, which rendered notes like this one obsolete almost immediately after issue.
Pick 22B is the second known signature variety of the type. Waterlow's engraving work for commercial banks in this period was competent rather than distinguished.