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1 Pound Royal Bank of Scotland
| Issuer | Royal Bank of Scotland |
|---|---|
| Year | 1927-1936 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Pursuant to Act of Parliament The Royal Bank of Scotland promise to pay on demand to the Bearer One Pound Sterling at their Office here By order of the Court of Directors |
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| Reverse lettering | The Royal Bank of Scotland One Pound |
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| Comments |
The Royal Bank of Scotland's interwar pound series occupies an interesting position in Scottish note history — these were issued during a period when Scottish banks still operated with near-complete autonomy over their own paper currency, a privilege that survived every parliamentary attempt to curtail it. W. & A. K. Johnston, the Edinburgh cartographic and security printing firm, handled production throughout the run, with G. W. Bacon brought in as a partner arrangement that reflected a broader consolidation in British specialty printing during the late 1920s.
The 1929 financial crisis had little visible effect on the series itself, which continued uninterrupted — Scottish clearing bank notes were never subject to the emergency restrictions applied to Bank of England issues during the same period.