1 Pound Sterling

Bank of Scotland's £1 notes of this period were issued under the Scottish system of note issuance that predates the Bank of England's monopoly ambitions — Scottish banks retained their right to issue their own banknotes, a privilege that survived repeated Westminster attempts to curtail it throughout the nineteenth century. Perkins Bacon, still operating from their Lombard Street premises at this point, brought to the job the same steel-engraving expertise they had applied to postage stamp production since the 1840s.

The cotton substrate used in this series is notably thinner than what the bank had specified in earlier decades, a change that makes surviving examples prone to fold splits at intersections.