1 Pound National Bank of Scotland

The National Bank of Scotland was one of the last Scottish banks still issuing notes under its own name before the mergers of the 1950s and 1960s reshaped the sector. It absorbed the Town and County Bank in 1907 and would itself merge with the Commercial Bank of Scotland in 1959 to form the National Commercial Bank — which makes 1959 the hard cutoff for this series. Notes dated toward the end of that window are consequently the more desirable survivors.

W. & A. K. Johnston had deep roots in Edinburgh cartography before moving into security printing, an unusual trajectory for a banknote printer.