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5 Pounds Clydesdale and North of Scotland Bank
| Issuer | Clydesdale & North of Scotland Bank Limited |
|---|---|
| Year | 1951-1960 |
| Type | Log in to see details |
| Value | 5 Pounds |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | CLYDESDALE & NORTH OF SCOTLAND BANK LIMITED GLASGOW Promise to pay the bearer at their office here on demand FIVE POUNDS By order of the Board of Directors General Manager |
| Reverse description | The reverse is executed in purple-violet and centres on a large circular vignette enclosing the bank's heraldic coat of arms, supported by figures and surmounted by a motto ribbon reading FIDE ET INDUSTRIA, with the Latin motto LITORE AD LITUS on a scroll beneath. The central roundel is set within elaborate guilloche lacework, with £5 numerals in bold at left and right. |
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| Comments |
The Clydesdale and North of Scotland Bank was itself a product of a 1950 merger — Clydesdale Bank absorbing the North of Scotland Bank — so notes from this decade carry the combined title on what was still a transitional institution finding its administrative footing. The De La Rue printing contract was a long-standing arrangement, not unusual for Scottish commercial banks that lacked the in-house security infrastructure to produce their own notes.
Scottish £5 notes of this period circulated far more actively than their English counterparts, partly because the £5 denomination was far more common in everyday Scottish commerce before decimalization reshuffled the currency's practical hierarchy.