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5 Pounds

Issuer Central Bank of Ireland
Year 1943-1944
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Value 5 Pounds (5 Puint)
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Obverse description Portrait vignette of Lady Hazel Lavery at left, set within an oval frame, rendered in intaglio on a fine guilloche underprint. Bilingual heading in English and Irish at top reads 'THE CENTRAL BANK OF IRELAND / BANC CEANNAIS NA hÉIREANN', with a letter prefix in circle at upper left and lower right. Two manuscript signatures appear centrally, with denomination numerals '£5' repeated at all four corners and the date printed at lower right.
Obverse lettering The Central Bank of Ireland Banc Ceannais na hÉireann Legal Tender Note Nóta Dlí-Thairgthe Five Pounds Sterling Payable to Bearer on Demand in London Tá Cúig Puint Sterling Iníoctha as an Nóta so le n-a Shealbhóir ar n-a Éilamh san do i Lundain
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Comments

The Brennan–McElligott signature combination dates this note to a very specific administrative window. Joseph Brennan served as Currency Commissioner and then first Governor of the Central Bank, while J.J. McElligott held the position of Secretary of the Department of Finance — an unusual pairing that reflects the transitional governance arrangements following the Central Bank Act of 1942, which transformed the Currency Commission into the Central Bank of Ireland.

Waterlow & Sons had held the Irish currency printing contract since the Free State's first notes in 1928. The relationship was long and exclusive enough that the 1944 Waterlow forgery scandal in South America caused no disruption to Irish contracts — Dublin's business continued unaffected.

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