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1 Pound Sterling
| Issuer | North of Scotland Bank Limited |
|---|---|
| Year | 1882 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse carries a central intaglio vignette of a grand Gothic institutional building, flanked by the large letterpress numerals ONE to either side at the upper corners. The bank title THE NORTH OF SCOTLAND BANK LIMITED is inscribed in bold capitals below the vignette, with a manuscript-style promise-to-pay text reading ONE POUND Sterling below, dated at Aberdeen. The serial number appears at lower left and upper right, with the manager's signature at lower right and the note overprinted CANCELLED in red across the face. |
|---|---|
| Obverse lettering | ONE THE NORTH OF SCOTLAND BANK LIMITED Promise to pay to the Bearer on demand ONE POUND Sterling at their Office here Aberdeen By order of the Directors. Designed & Engraved by W. & A.K. Johnston Limited, Edinburgh |
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| Comments |
The North of Scotland Bank, headquartered in Aberdeen, had operated since 1836 as a regional rival to the Edinburgh-based clearing banks. By 1882 it was one of the smaller Scottish note-issuing banks still asserting that right — a privilege tied to pre-Union banking history that Westminster periodically threatened to curtail but never did during the bank's independent lifetime.
W. & A.K. Johnston were primarily a cartographic and engraving house, and their banknote work was a secondary line. The North of Scotland Bank was absorbed into the Clydesdale Bank in 1950, after which its right of issue lapsed.