Collection

About

By the mid-20th century, Scotland’s banknote tradition remained uniquely decentralized. Three principal institutions — the Royal Bank of Scotland, the National Commercial Bank of Scotland Limited, and the British Linen Bank — each issued sterling notes under the Banknote (Scotland) Act framework. While circulating at par with Bank of England notes, Scottish issues retained their own iconography and engraving lineage, shaped by generations of domestic and London printers.

The Royal Bank of Scotland £1 of 1956–64 continued a design line reaching back to the eighteenth century: crowned arms, medallion portrait, and dense micro-lettered back with the engraver’s credit of W. & A. K. Johnston and G. W. Bacon Ltd of Edinburgh. It stands as the last wholly Scottish-engraved note before production moved to London-based firms.

The National Commercial Bank £1 of 1959, printed by Bradbury Wilkinson & Co., introduced a modern aesthetic — the Forth Bridge spanning its face as a national symbol of engineering strength, paired with the watermark “Head of Caledonia.” The National Commercial merged with the Royal Bank a decade later, ending a corporate identity that had defined Scottish retail banking for generations.

The British Linen Bank £1 Specimen of 1967, produced by Thomas De La Rue & Co., represents the transition from artistry to compliance printing. Red SPECIMEN handstamps and control numbers mark the new De La Rue system of specimen distribution, replacing proofs with standardized reference copies. Within a year, British Linen’s note issue was absorbed by the Bank of Scotland, closing more than two centuries of independent note production.

Together these notes trace the hand-over from local engraving houses to international security printers. They encapsulate a distinct Scottish currency identity — technical, dignified, and regionally autonomous — within the broader sterling system. Each surviving proof or specimen anchors a chapter of that transition from craft engraving to consolidated industrial print.

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Scotland 1959 National Commercial Bank of Scotland £1, Pick 265, PMG 58 EPQ

Scotland 1959 — National Commercial Bank of Scotland Limited £1 (Pick 265, Bradbury Wilkinson, PMG 58 EPQ Choice About Uncirculated)

One Pound of the National Commercial Bank of Scotland Limited dated 16 September 1959. Printed by Bradbury, Wilkinson and Company, the note carries the Head of Caledonia watermark and presents a panoramic view of the Forth Bridge—Scotland's engineering icon—beneath the central promise text. The National Commercial Bank was a pillar of Scottish banking until its merger with the Royal Bank of Scotland in 1969. ... Read more →

ScotlandIssued Note1959£1PMG 58 EPQ Choice About Uncirculated ScotlandNational Commercial Bank of Scotland£11 pound1959Pick 265Bradbury WilkinsonForth BridgeHead of CaledoniaSterlingIssued
Held
Scotland 1956–64 Royal Bank of Scotland £1, Pick 324b, PMG 64 EPQ

Scotland 1956–64 — The Royal Bank of Scotland £1 (Pick 324b, With Engraver's Name on Back, PMG 64 EPQ Choice Uncirculated)

Royal Bank of Scotland One Pound of the 1956–64 series, variety with the engraver's imprint on back as cited by PMG. The face carries the bank's crowned arms and the long‑standing central medallion portrait associated with the institution since the eighteenth century, surrounded by a dense field of micro‑lettered Royal Bank of Scotland repeats. Production credit on this type appears as W and A K Johnston and G W Bacon Ltd Edinburgh, reflecting Scottish engraving traditions as late as the mid‑twentieth century before most issuers shifted to London firms. ... Read more →

ScotlandIssued Note1956£1PMG 64 EPQ Choice Uncirculated ScotlandRoyal Bank of Scotland£11 pound1956–64Pick 324bEngraver's Name on BackJohnston and BaconSterlingIssued
Held
Scotland 1967 British Linen Bank £1 Specimen, Pick 168s, PMG 55 EPQ

Scotland 1967 — British Linen Bank £1 Specimen (Pick 168s, TDLR, Sorting Lines on Back, PMG 55 EPQ About Uncirculated)

Specimen One Pound of the British Linen Bank dated 13 June 1967, printed by Thomas De La Rue. The face shows the royal arms above the title and an ornate security panel at center. Standard De La Rue SPECIMEN oval handstamps and a specimen control number are present, together with a cancellation punch. ... Read more →

ScotlandSpecimen1967£1PMG 55 EPQ About Uncirculated ScotlandBritish Linen Bank£11 pound1967Pick 168sTDLRSpecimenSorting LinesSterling
Held
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