Yes, you read that correctly. A massive €347,404,127 worth of old Irish banknotes and coins have yet to be handed in to the Central Bank of Ireland since the introduction of the Euro on 1st January 2002 – 18 years since the Euro Changeover! To be absolutely precise, that’s: €224,389,631.19 in old Irish bank notes…
Withdrawal from Circulation: According to Central Bank of Ireland records, all £20, £50 and £100 ‘ploughman’ notes were successfully withdrawn from circulation, i.e. there are no ‘circulating’ examples left for collectors to collect. That said, the remaining £1, £5 and £10 ‘ploughman’ notes aren’t exactly common nowadays either – as per table below: Estimated Number…
2016 Market Values Last year (2015) saw a vibrant market for Ploughman £1 notes with many new collectors entering an already crowded field. The one pound Ploughman is the most affordable of the Consolidated Banks series and is, therefore the most popular starting point for this most elusive of modern Irish banknotes . Increased demand…
Introduction The Provincial Bank of Ireland was established in 1825, pioneered branch banking in Ireland. The terms, rights and privileges of the Bank of Ireland allowed it to effectively strangle the development of banking in Ireland until the Irish Banking Crisis that followed the post-Napoleonic War Depression. The Bank of Ireland effectively held a monopoly…
The Old Currency Exchange is a specialist dealer and valuer of Irish & GB coins, tokens and banknotes 