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5 Pounds Royal Bank of Scotland

Issuer Royal Bank of Scotland
Year 1964-1965
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Currency Pound sterling (1707-1970)
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Obverse description The upper portion carries the Royal Bank of Scotland armorial vignette — a crowned shield supported by a unicorn and a lion, surmounted by a figure of George I — flanked on either side by the word POUNDS in an orange-red overprint. A decorative blue guilloche panel runs along the left margin. The bank title and promise-to-pay legend are rendered in copperplate script, with FIVE POUNDS set in bold letterpress. The date, Edinburgh city of issue, and two manuscript signatures with their respective titles appear in the lower portion.
Obverse lettering The Royal Bank of Scotland Promise to pay on Demand to the Bearer Five Pounds Sterling Edinburgh By order of the Court of Directors
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Comments

The Royal Bank of Scotland's £5 note series of this period sits at an interesting transitional moment — the bank was still issuing its own distinctive Scottish notes under the Currency and Bank Notes Act 1954, which formalised the backing requirements for Scottish commercial bank issues but left the design prerogative intact. Campbell served as Chief Accountant across both signature combinations, pairing first with Ballantyne and then with Robertson as General Manager, a rotation reflecting internal succession rather than any policy shift.

The unlisted signature dates — 02.01.1964 and 01.10.1965 — suggest either very short print runs or late administrative signings not captured before the catalog went to press. Worth recording precisely for that reason.

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