1 Pound Royal Bank of Scotland - European Summit Edinburgh 1992

The Royal Bank of Scotland issued this commemorative pound to mark the UK's presidency of the European Council and the Edinburgh Summit of December 1992 — the meeting at which Denmark's opt-outs from Maastricht were negotiated and the treaty's ratification crisis began to resolve. That the summit produced a broadly pro-integration outcome, printed onto a Scottish banknote that remains legal currency in Scotland but is not legal tender anywhere, is an irony the intervening decades have only sharpened.

Commemorative RBS pounds of this period are frequently confused with the standard 1992 series. The distinguishing detail is in the overprint, not the substrate.