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100 Pounds Union Bank of Scotland

Issuer Union Bank of Scotland Limited
Year 1923-1947
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Value 100 Pounds
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Reverse lettering The Union Bank of Scotland Limited
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Variants P#S814a - handsigned on behalf of the General Manager and Cashier
P#S814b - handsigned on behalf of General Manager and Chief Accountant
P#S814c - printed signatures of General Manager and Cashier 18.02.1947
Comments

The Union Bank of Scotland, formed through a long sequence of provincial bank amalgamations beginning in 1830, was absorbed into the Bank of Scotland in 1955 — meaning the later issues of this type were printed for an institution that had fewer than a decade left to exist independently. Waterlow & Sons held the contract throughout the full run of this series, and their Scottish commercial work from this period is generally considered among their more accomplished intaglio output.

At the £100 level, these were wholesale instruments — interbank settlement, large estate transactions, merchant trade. Street circulation was never the point. Survivors in any condition are genuinely uncommon.

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