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1 Pound Sterling
| Issuer | Royal Bank of Scotland |
|---|---|
| Year | 1855-1865 |
| Type | Log in to see details |
| Value | 1 Pound Sterling |
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| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is entirely plain, printed on unadorned cream-coloured paper showing significant age-related creasing and fold lines. Manuscript ink notations appear in the upper right area, including what reads as a date of 21 Oct 1865, likely an archival or cancellation inscription. No printed design, vignette, or security element is present on this side. |
| Reverse lettering | 21 Oct 1865 |
| Signature(s) | Log in to see details |
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| Comments |
The Royal Bank of Scotland's mid-Victorian pound notes occupied a legally distinct position from their English equivalents — Scottish banks retained the right to issue their own notes under the Bank Notes (Scotland) Act 1845, which froze each bank's authorized circulation at its 1844 average and required any excess to be backed pound-for-pound in gold or Bank of England notes. The Royal Bank's authorized limit under that Act was set at £216,451.
Dating individual examples within the 1855–1865 window typically depends on manuscript date and cashier signature rather than printed typography, as the plate design changed little across the period.