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Home < Main Site Map < Banknotes of the Irish Private Banks < David Gordon and Co. Belfast Bank

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Banknotes of the Irish Private Banks
David Gordon and Co. Belfast Bank
1808-1827 merged

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Belfast Bank. Gordon and Co. - 3 Series, 4 Partnerships



Gordon's Bank


David Gordon founded a bank in 1808 which became known as The Belfast Bank with partners Narcissus Batt, John Holmes Houston and Hugh Crawford. There appears to be no obvious link to the earlier Belfast Bank founded by John Ewing which had closed in 1797. Gordon's Belfast Bank opened on 1 August 1808.

The bank was also known as ‘Batt’s’ or ‘Gordon’s’ and quickly became established in the community as a solid institution, based on the good reputations of its partners.

The notes of the Belfast bank began to replace gold in circulation, an unusual occurrence in Ulster where an antipathy to paper money was firmly entrenched. This marked a change in banking in Ulster, moving away from a reliance on specie in favour of paper money which was underpinned by the creation of strong banks, well run and supported by local business.


1827 Merger


This Bank merged with the Belfast Commercial Bank to form the Belfast Banking Company on 1 August 1827.



Belfast's Bank Note issues


Gordon's Bank was an important note-issuing bank in the north east of Ireland in the early 1800s. Together with the two other banks established in Belfast around the same time, Tennant's Bank (est.1809) and Montgommery's Bank (est.1809), it's note issues replaced gold coin in circulation.

Issued banknotes of Gordon's Bank are very rare.


Three Series of notes known

There are three Series for Gordon's Belfast Bank banknotes by design, and four Types by partnership.
Series 1. 1809. Denominations recorded: £5.
Series 2. 1815-1825. Denominations recorded: 25 Shillings, 30 Shillings.
Series 3. 1827. Denominations in British Pounds: 25 Shillings.

Four Types by partnership.
Type A: 1808-1819. David Gordon, Narcissus Batt, John Holmes Houston, Hugh Crawford.
Type B: 1819-1821. David Gordon, Narcissus Batt, John Holmes Houston.
Type C: 1821-1825. David Gordon, Narcissus Batt, John Holmes Houston, Robert Batt.
Type D: 1825-1827. Narcissus Batt, John Holmes Houston, Robert Batt.

Denominations recorded: 25 Shillings, 30 Shillings, £5.


Series 1, Type A

Belfast Bank 5 Pounds 1809
Gordon's Belfast Bank, 5 Pounds Sterling, 22 Sept 1809


Series 2, Type A

25 Shilling note issued in 1815 by David Gordon & Co
25 Shilling note, issued in 1815 by David Gordon & Co. Irish Pounds


30 Shillings dated 1 Dec 1818
30 Shillings, dated 1 Dec 1818, a contemporary forgery



Series 3, Type D

25 Shillings issued in 1827 by David Gordon & Co
25 Shillings, issued in 1827 by Narcissus Batt & Co., denominated in British Pounds




References
Young, D. (Jan-Feb, 1976). "The Private Banks and Their Notes, The Belfast Bank of Gordon & Co. later Batt & Co. 1808-1827", Irish Numismatics Magazine, No. 49. pp. 10-11.






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David Gordon and Co. Belfast Bank, 25 Shillings
Belfast, Ireland map
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