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100 Pounds National Bank of Scotland
| Issuer | National Bank of Scotland |
|---|---|
| Year | 1943-1952 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | The National Bank of Scotland Limited Incorporated by Royal Charter and Act of Parliament Promise to pay the bearer on demand One Hundred Pounds sterling at the Office here Edinburgh By order of the Board of Directors |
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| Variants | P#261a - vertical signature (reported, not confirmed) P#261b - horizontal signature 01.11.1949 |
| Comments |
The National Bank of Scotland's higher denomination notes from this period were not everyday commercial instruments — a £100 note in 1940s Scotland was a tool of business, moving between firms, solicitors, and bank branches rather than passing through ordinary hands. Waterlow & Sons had a long relationship with Scottish banks, and the quality of intaglio work on this series reflects their pre-war standard, maintained despite wartime production pressures on the London plant.
The National Bank merged with the Commercial Bank of Scotland in 1959, making post-merger survival of this series under the original issuing name a fixed point for collectors dating examples within the 1943–1952 window.