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1 Pound Royal Bank of Scotland
| Issuer | Royal Bank of Scotland |
|---|---|
| Year | 1967 |
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| Value | Log in to see details |
| Currency | Pound sterling (1707-1970) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The central vignette presents a fine line-engraved view of the Royal Bank of Scotland Head Office in Edinburgh, with a secondary view of the Chief Office in Glasgow placed to the right. Electronic sorting marks occupy the upper left and lower right corners, and the bank name with denomination inscription run across the top and bottom margins respectively. |
| Reverse lettering | THE ROYAL BANK OF SCOTLAND ONE POUND |
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| Comments |
The Royal Bank of Scotland's £1 notes of this period were printed by De La Rue under a long-standing contract that stretched back decades, but by the mid-1960s the bank was already aware that metrication and eventual decimalization — which arrived in February 1971 — would force a wholesale redesign of the entire series. Notes issued in 1967 were effectively late-run examples of a pre-decimal format with a known expiry on the horizon.
Scottish banknotes have never been legal tender in Scotland in the strict statutory sense — they circulate by custom and interbank agreement, a distinction that occasionally surprises even their issuers' own customers.