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20 pounds 1980 specimen

Europe › Northern Ireland
P-328bs1980Ulster Bank LtdUNC
20 pounds 1980 specimen from Northern Ireland, P-328bs (1980) — image 1
20 pounds 1980 specimen from Northern Ireland, P-328bs (1980) — image 2

Market Prices

Catalogue (2019)
VF$1,300
UNC$2,000

About This Note

A pristine specimen note of the Ulster Bank Limited £20 from 1980, notable for its distinctive purple and mauve color scheme and elaborate ornamental design featuring Belfast landmarks including rural landscapes, port scenes with bridge vignettes, and heraldic elements. The note is marked with a bold red 'SPECIMEN' stamp and exhibits the sharp, detailed printing quality characteristic of Bradbury Wilkinson's security printing, representing an important regional currency issue from Northern Ireland during the 1971-1988 series.

Rarity

Common. While specimen notes command slightly higher premiums than circulated examples, this denomination and series had substantial print runs typical of regional UK banknote issues. The eBay market data shows considerable supply of this note in UNC condition, with prices ranging from $41.99 to $426.55 USD but clustering predominantly in the $50-$180 range, indicating ready availability. The 1980 date places it within the middle of the 1971-1988 series' production period, further supporting common status. Specimen overprints, while desirable to collectors, do not fundamentally alter the commonality assessment.

Historical Context

Issued during a period of significant economic and social change in Northern Ireland, this 1980 Ulster Bank note represents the bank's continued role as a regional currency authority. The imagery prominently features Belfast's industrial and economic landmarks—including the bridge and port facilities visible in the central vignette—alongside rural pastoral scenes, reflecting the dual nature of Northern Ireland's economy spanning both urban industrial centers and agricultural regions. The heraldic coat of arms on the reverse emphasizes provincial identity and banking authority during a time of distinct regional currency circulation in the UK.

Design

The front features a sophisticated purple and mauve color palette with a central circular rosette containing the denomination '20', surrounded by ornamental floral vine borders and Tudor rose motifs in the corners. Three landscape vignettes occupy the lower portion: a rural farming scene at left, an industrial urban scene with bridge and waterfront (representing Belfast's port infrastructure) at center, and a mountainous or hilly landscape at right. The back displays a formal heraldic composition dominated by the Ulster coat of arms with supporting lions as heraldic supporters, enclosed within an intricate Celtic knot pattern border frame. Corner heraldic emblems and a motto banner complete the classical security printing design. This design celebrates both Belfast's industrial heritage and Northern Ireland's broader landscape and cultural identity.

Inscriptions

FRONT: 'ULSTER BANK LIMITED PROMISE TO PAY THE BEARER ON DEMAND' — the standard banknote promise; 'TWENTY POUNDS' — denomination in words; 'HEAD OFFICE BELFAST' — issuing authority location; '2ND JUNE, 1980' — issue date; 'FOR ULSTER BANK LIMITED' and 'CHIEF EXECUTIVE' — authorization text; 'R. L. Hamilton' — Chief Executive signature; '20' — denomination numeral. BACK: 'ULSTER BANK LIMITED' — issuer name; '£20' (appearing twice) — denomination; 'NIHIL IMPOSSIBILE ERAT VOBIS' (Latin) — 'Nothing is impossible for you' (provincial motto); 'BRADBURY, WILKINSON & CO LTD NEW MALDEN, SURREY, ENGLAND' — printer attribution. BOTH SIDES: 'SPECIMEN' — red diagonal overprint stamp; 'D000000' — specimen serial number.

Printing Technique

Intaglio engraving (recess printing) executed by Bradbury Wilkinson & Co Ltd, a leading British security printer. The technique is evident from the fine line work visible throughout the design, the complex guilloche patterns forming security background elements, the detailed multi-layered geometric rosette, subtle color gradations and shading effects in heraldic elements, and the crisp impression characteristic of premium banknote production. The ornamental borders, delicate floral designs, and fine detail in the coat of arms demonstrate the high-security engraving standards typical of this period's regional currency notes.

Varieties

This is a specimen note variant (indicated by Pick number suffix 'bs' and the prominent red 'SPECIMEN' diagonal stamp), distinguishing it from regular-issue circulation notes. The specimen features D000000 serial numbers typical of specimen overprints. The specific variety is dated 2ND JUNE, 1980, and signed by R. L. Hamilton as Chief Executive. Within the 1971-1988 Ulster Bank £20 series (Pick 328), signature varieties and subtle date variations exist; this particular specimen represents the 1980 issue variant during the mid-production period of the series.