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10 pounds 1974

Europe › Isle of Man
P-31b1974Isle of Man GovernmentUNC
10 pounds 1974 from Isle of Man, P-31b (1974) — image 1
10 pounds 1974 from Isle of Man, P-31b (1974) — image 2

Market Prices

1 sale
Catalogue (2019)
VF$150
UNC$600
UNC$501.012013-06-03(27 bids)

About This Note

This is a pristine uncirculated Isle of Man Government 10 pound note from 1974, printed by Bradbury Wilkinson with striking multicolored design elements in purple, brown, and green. The note features a formal portrait of Queen Elizabeth II in profile on the obverse and a detailed historical engraving of Peel Castle circa 1830 on the reverse, both rendered with fine intaglio security engraving. As a relatively early Commonwealth regional currency issue from the 1970s in gem condition, this note represents a desirable collector piece from Isle of Man's banking history.

Rarity

Uncommon. While Isle of Man notes from this era were produced in reasonable quantities, the P-31b variant in uncirculated condition represents a note that has been carefully preserved for 50+ years. Market data from realbanknotes.com shows UNC examples catalogued at $600 (2019 values), with a documented eBay sale of $501 in 2013, indicating steady collector demand but not extreme scarcity. The note is not recalled or from a short print run, making it uncommon rather than rare, though the specific P-31b variant may have smaller total population than P-31a.

Historical Context

Issued during the height of regional banknote production in the British Crown Dependencies, this 1974 note reflects Isle of Man's independent monetary authority under the Isle of Man Government and Isle of Man Bank Limited. The reverse depicts Peel Castle, a significant medieval fortress on the island's coast dating to the 11th century, shown in a romanticized 1830s-era artistic rendering that emphasizes its historical importance to the island's cultural identity and maritime heritage.

Design

The obverse features a left-facing profile portrait of Queen Elizabeth II wearing formal attire and a pearl necklace, positioned at the right side of the note. The central design showcases the triskele arms of Isle of Man—three heraldic legs arranged in rotational symmetry within a circular seal bearing the Latin motto 'Quocunque Jeceris Stabit' (Whithersoever You Throw It, It Will Stand)—a symbol that serves as both the note's watermark and primary security element. Ornamental rosette designs occupy the upper left and lower right corners. The reverse presents a detailed engraved landscape scene of Peel Castle, a multi-towered medieval fortress perched on rocky elevation overlooking a bay, with period-dressed figures, sailing vessels, and cargo in the foreground to establish the circa-1830 historical context. An ornate border of repeated cross motifs frames the entire reverse design, with rosette designs and denomination numerals positioned in all four corners.

Inscriptions

FRONT: 'Isle of Man Government' (issuing authority); 'Promise to Pay the Bearer on Demand at Any Office of Isle of Man Bank Limited' (legal tender clause); 'Ten Pounds' and '£10' (denomination); 'Lieutenant Governor' (signature authority title); Serial number '083566' (note identifier, appears twice). BACK: 'Ten Pounds' (denomination); 'Peel Castle c. 1830' (landmark identification and artistic date reference); '10' (denomination numerals, appears in corner rosettes); 'Bradbury, Wilkinson & Co Ltd New Malden, Surrey, England' (printer information).

Printing Technique

Intaglio (steel engraving) printing throughout, executed by Bradbury Wilkinson & Co Ltd, the prominent English security printer based in New Malden, Surrey. Fine line engraving patterns form the background security work, detailed landscape elements on the reverse, and ornamental borders. The multicolor effect on the obverse (purple, brown, green, beige, pink) and the brown/red/white/gray tones on the reverse indicate multicolor intaglio printing with careful registration of successive color plates.

Varieties

This note is catalogued as Pick P-31b, one of three documented variants (P-31a, P-31b, P-31s) for the 10 pound Isle of Man note. All variants share the Bradbury Wilkinson printer mark (BWC). The specific variety distinction typically relates to signature combinations, date variations, or minor design modifications; the serial number visible on this example (083566) and the signature of what appears to be 'John Dunn' as Lieutenant Governor may further distinguish this particular note within the P-31b classification. The 1974 date on the catalog corresponds to a mid-run issue of this series, which was initially introduced in 1972.