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English Banknotes
English banknote
| CATTERNS Five pounds banknote of 1932, issued in NEWCASTLE ON TYNE. B228g |
| The top right corner is absent, confirming this is £5 watermarked paper. The paper was hand |
| made in a wooden trays, one sheet at a time. One sheet being enough to cut into two banknote |
| size pieces. Three edges are deckled, one is straight. |
Notches
| The right hand side of the banknotes shown above in order of denomination: £5, £10, £20, £50, £100 |
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| The notches appear on the right hand side only, which is always deckled |
For further reading :- Promises to Pay page 98 or EPM page 380 9th Ed
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| In order to prevent banknotes being printed on the wrong watermarked paper, Portals created |
| a simple solution. As the sheet of paper was moulded, a small notch was formed on the right |
| hand side, at a specific point for each denomination. This ensured the banknotes were |
| printed on the correct watermarked paper. The paper was made up to create a pair of notes, |
| thus, the left hand banknote has a straight right hand edge and three deckled edges, top, bottom |
| and left. The right hand banknote has a straight left hand edge and three deckled edges, top, bottom |
| and right - the right hand banknote with the relevant notch for the denomination. |
| This method is also utilised on the £200, £500 and £1000 notes |
| The £200 notch is between the £20 and £50 notch |
| The £500 notch is between the £10 and £20 notch |
| The £1000 notch is between the £5 and £10 notch |
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