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| 表面の説明 | Blue and orange note with the bank arms vignette at left, supported by a ram and a lion rampant above the motto 'A shield and stay', and an oval intaglio vignette of a full-rigged sailing vessel at right. Central guilloche underprint carries the large-denomination numeral text 'ONE HUNDRED POUNDS' in red letterpress, with the promise-to-pay legend in script above and the General Manager's signature below. |
|---|---|
| 表面の銘文 | THE UNION BANK OF SCOTLAND LIMITED 1st October 1954 Promise to pay the Bearer on demand at their head offices in Glasgow or Edinburgh ONE HUNDRED POUNDS By order of the Directors GENERAL MANAGER WATERLOW & SONS LIMITED, LONDON |
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The Union Bank of Scotland's higher denominations from this period occupy an awkward transitional position: the bank was absorbed by the Bank of Scotland in 1955, making this among the last issues under the Union Bank name before that merger concluded. A £100 note in early 1950s Scotland was a serious commercial instrument, not retail currency — these moved between businesses, solicitors, and clearing houses, rarely touching ordinary hands.
Waterlow & Sons had been printing Scottish commercial bank notes for decades by this point, and their intaglio work on high-value issues was consistently reliable. The merger with Bank of Scotland the year after this series closed meant redemption and withdrawal were handled briskly, which limits surviving population considerably.