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1 Pound National Bank of Scotland
| Issuer | National Bank of Scotland |
|---|---|
| Year | 1893-1924 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait vignette of Henry Schomberg Kerr, 9th Marquess of Lothian, at left, flanked by the Scottish royal arms as central motif and a vignette of Edinburgh Castle at right. The design incorporates intricate guilloche underprint work with the bank title and promise-to-pay legend arranged across the face in letterpress. The overall layout is consistent with late Victorian Scottish banknote design conventions. |
|---|---|
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| Reverse description | The reverse is dominated by a large central oval vignette presenting a panoramic cityscape of Edinburgh, with the Old Town skyline, spires, and Princes Street visible in fine intaglio engraving. Four large numeral "1" corner pieces are set within an elaborate interlocking guilloche border pattern that fills the entire field in blue-grey tones. The printer's imprint "Waterlow & Sons Limited, London" appears in small lettering at the base. |
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| Comments |
The National Bank of Scotland was formed in 1825 and operated independently until its 1959 merger with the Commercial Bank of Scotland to form the National Commercial Bank. This note spans a remarkably long print run — over three decades from the same Waterlow plate series — which accounts for the considerable variation in signatures encountered across examples. The bank maintained branches throughout Scotland but concentrated its commercial strength in the central belt.
Waterlow & Sons produced Scottish chartered bank notes extensively during this period, and wear patterns on surviving examples tend to concentrate along horizontal fold lines, consistent with notes folded to pocket width for daily mercantile use rather than large-denomination reserve holding.