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1 Pound Sterling
| Issuer | British Linen Company |
|---|---|
| Year | 1905-1906 |
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| Reference(s) | P#175 |
| Obverse description | Blue intaglio-printed note on white paper, with a vertical column of three ornate guilloche medallions along the left margin. The upper central area carries the Royal Arms vignette flanked by a lion and unicorn supporters, with the inscription 'Incorporated by Royal Charter 1746' above. Serial numbers appear in two positions at upper left and upper right. The central text panel, set within a decorative border with red underprint, reads 'The British Linen Company / Promise to Pay on Demand to the Bearer / One Pound Sterling / By order of the Court of Directors', with date and place of issue 'Edinburgh 28th February 1905' above. Manuscript signatures of the Manager and Accountant appear below, with the printer's imprint 'Waterlow & Sons, London Wall, London' at the foot. |
|---|---|
| Obverse lettering | Incorporated by Royal Charter 1746 The British Linen Company PROMISE TO PAY ON DEMAND TO THE BEARER One Pound STERLING By order of the Court of Directors EDINBURGH 28th FEBRUARY 1905 D. Manager D. Accot |
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| Comments |
The British Linen Company — technically a bank since the late eighteenth century despite the mercantile name it never shed — issued through a period when Scottish chartered banks still printed their own pound notes under terms that would have been unthinkable in England. Waterlow & Sons handled the production in London, as they did for a considerable range of colonial and domestic banking clients during this period.
The 1905–1906 date range is narrow enough to suggest a single print run or a brief transitional series, possibly tied to an update in authorized signatories or branch arrangements rather than any monetary event.