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20 Pounds Sterling
| Issuer | Bank of Scotland |
|---|---|
| Year | 1935-1963 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Pound sterling (1694-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANK OF SCOTLAND The Governor & Company of the Bank of Scotland Promise to pay here to the Bearer on Demand Twenty Pounds Sterling BY ORDER OF THE COURT OF DIRECTORS CONSTITUTED BY ACT OF PARLIAMENT 1695 EDINBURGH TWENTY £20 |
| Reverse description | The reverse is essentially plain, showing the note printed on uncoloured cotton paper through which the obverse design is visible as a light offset impression; no distinct printed design, vignette, or lettering is present on this face. |
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| Comments |
Bank of Scotland's £20 notes from this period were high-denomination instruments that saw limited hand-to-hand circulation — at a time when average weekly wages in Scotland rarely exceeded a few pounds, a £20 note functioned almost exclusively in commercial and banking transactions. W. & A.K. Johnston & G.W. Bacon Ltd. were primarily cartographers and geographical publishers; their banknote printing work was a secondary but long-running arm of the Edinburgh firm, and their output for Scottish banks is sometimes underappreciated relative to the better-known Bradbury Wilkinson or De La Rue commissions.
The nearly three-decade span of this issue — running from the mid-Depression through postwar austerity and into early 1960s recovery — means significant variation in surviving paper quality is common across the series.