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<p>[QUOTE=&quot;scottishmoney, post: 371901, member: 12789&quot;]Definitely not the queen, The National Bank Limited was begun by Irish nationalists in 1835, one of the founders was Daniel O&#039;Connell and his image is in the watermark, which explains why most of these notes are now found with an ink X on the watermark area, or even on the Colleen occasionally.&nbsp; These notes were circulated in N. Ireland, where curiously the &quot;troubles&quot; even played out on banknotes.&nbsp; I have seen Ulster Bank notes with the red hand shield on them X&#039;d out.[/QUOTE]</p><p><br /></p>

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