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1 Pound Bank of Scotland
| Issuer | Bank of Scotland |
|---|---|
| Year | 1945-1953 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is printed in golden-brown on a fine guilloche underprint, with the large title BANK OF SCOTLAND across the top. A central circular vignette carries an intaglio seal bearing a classical seated figure. The promise-to-pay text is rendered in a flowing script typeface, with the denomination ONE POUND STERLING in bold letterpress, serial numbers at left and right, two facsimile signatures for Governor and Treasurer, the date and place of issue EDINBURGH at centre-bottom, and the founding legend CONSTITUTED BY ACT OF PARLIAMENT 1695 along the lower border. |
|---|---|
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| Signature(s) | 04.01.1945 - 06.02.1945 / 04.01.1945 - Elphinstone & Crawford 07.02.1945 - 19.11.1952 / 29.11.1945 - Elphinstone & Crawford 04.09.1953, 16.10.1953 & 09.11.1953 - Elphinstone & Watson |
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| Comments |
G. Waterston & Sons had printed Bank of Scotland notes for generations by the time this series was running, and the relationship showed in the consistency of production across nearly a decade of issue. The transition from Crawford to Watson as co-signatory in 1953 — while Elphinstone remained constant throughout — marks the only structural change in the series and gives collectors a clean way to periodize the signature combinations.
The three 1953 dates are notably clustered within ten weeks, suggesting Watson's appointment prompted a deliberate burst of new issuances before the series was retired.