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1 Pound Clydesdale Bank
| Issuer | Clydesdale Bank Limited |
|---|---|
| Year | 1963-1969 |
| Type | Log in to see details |
| Value | 1 Pound |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Clydesdale Bank Limited Promise to pay to the bearer on demand at their office here One Pound By order of the Board of Directors FIDE ET INDUSTRIA LITORE AD LITUS General Manager |
| Reverse description | The reverse is printed in green intaglio and presents a detailed vignette of a large cargo vessel being guided by a tugboat through a river dock, with industrial crane structures visible on either side of the waterway. The scene is a fine engraved composition evoking Clydeside shipbuilding and maritime commerce. The bank name 'Clydesdale Bank Limited' is inscribed in a panel along the lower margin, with the numeral '1' in the upper right corner. |
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| Comments |
Clydesdale Bank's relationship with De La Rue for its pound notes during this period was straightforward commercial contract printing — nothing unusual there. What is worth noting is the broader squeeze these notes were operating under: the Scottish clearing banks faced mounting pressure from the Bank of England throughout the 1960s to justify the continued issuance of their own £1 notes, particularly as the Treasury pushed toward rationalization ahead of decimalization. Clydesdale held its ground longer than some expected.
This series was superseded when the bank transitioned to decimal-era designs after 1971. P#197 is not scarce, but circulated examples in honest used condition are more representative of how these notes actually functioned than the uncirculated survivors that dominate dealer stocks.