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1 Pound British Linen Bank

Issuer British Linen Bank
Year 1968-1970
Type Standard circulation banknote
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Obverse description Intaglio portrait of Sir Walter Scott at left, with the Royal Arms vignette at top centre and the bank's circular seal at upper right, all set against a fine guilloche underprint. The date appears at top centre above the bank title in large serif lettering, with the denomination written out in script. The General Manager's signature appears at lower right, with the printer's imprint along the bottom margin.
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Reverse description Central vignette within an ornate guilloche border shows a seated classical female figure, helmeted and robed, with a ship in the background, enclosed within a circular frame bearing the motto INDUSTAT. The word ONE appears in large bold letterpress at both left and right of the central vignette, flanked by electronic sorting marks. The printer's imprint appears at lower right.
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Comments

The British Linen Bank, despite its name, had nothing to do with linen by the time this note was issued — it began as a trading company chartered in 1746 to promote the Scottish linen industry before quietly pivoting to conventional banking. By 1968 it was a wholly owned subsidiary of the Bank of Scotland, operating under its own name largely for competitive and historical reasons.

Thomas De La Rue printed this series during a narrow window before the British Linen Bank brand was formally absorbed into Bank of Scotland in 1971, making the late-dated examples from 1970 among the last notes ever issued under this name.

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