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1 Pound Commercial Bank of Scotland

Issuer Commercial Bank of Scotland
Year 1947-1953
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Value 1 Pound
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Obverse description Portrait of John Pitcairn set within a circular guilloche frame at right, printed in purple intaglio. Central text panel carries the denomination ONE POUND STERLING and place of issue, Edinburgh, with date and signature of the General Manager below. Lower portion bears an elaborate allegorical vignette of three classical female figures in a chariot, with a cameo portrait medallion at centre, evoking themes of commerce and prosperity.
Obverse lettering The Commercial Bank of Scotland Ltd. Promise to pay the bearer on demand One Pound Sterling At the office here Edinburgh By order of the Court of Directors
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Comments

The Commercial Bank of Scotland was absorbed into the National Commercial Bank of Scotland in 1959, making this series among the last issued under the original name. Bradbury Wilkinson, long the dominant printer for Scottish commercial bank notes, produced this run with their characteristic intaglio work — the firm held contracts with dozens of issuing banks simultaneously and the quality consistency across those relationships was genuinely remarkable.

Scottish £1 notes from this period circulated heavily in everyday trade; the Bank of England £1 coin replacement wouldn't arrive until 1983, meaning Scottish paper pounds filled a practical role that English notes did not.

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