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20 Shillings Sterling = 12 Pounds Scots
| Issuer | Royal Bank of Scotland |
|---|---|
| Year | 1750 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Scots No The Royal Bank of Scotland is hereby obliged to pay to Secretary or the Bearer, on demand, Twenty Shillings Sterling. Edinburgh the ninth day of February one thousand Seven hundred & Fifty years. By Order of the Court of Directors. |
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| Protection description | Manuscript serial number and date written by hand; two handwritten signatures of Bank officers appearing below the Court of Directors authorization; an ink circular stamp visible on the reverse, likely used for authentication or cancellation. |
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| Comments |
The Royal Bank of Scotland was founded in 1727, a full decade after the Bank of Scotland, and this mid-eighteenth century note reflects the peculiar monetary duality that persisted in Scotland long after the Acts of Union. The denomination itself tells that story: Scots currency had been fixed at a twelfth of sterling since 1707, making the dual expression a bureaucratic necessity rather than a choice, one that lingered on Scottish paper for generations.
Manuscript signatures and handwritten serials were not a security afterthought — at this date, the RBS was signing and numbering notes individually by hand as a matter of standard issue protocol, each note effectively a personal instrument before it entered circulation.