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5 Pounds Sterling

Emittent Commercial Bank of Scotland
Jahr 1860
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Währung Pound sterling (1694-date)
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Vorderseitenbeschreibung The obverse is printed in blue intaglio on white paper, with an elaborate guilloche border framing the entire note. At the top, a classical allegorical vignette engraved by Perkins, Bacon & Co. shows a group of figures in a pastoral scene, flanked by oval medallions bearing the word FIVE. The central text panel carries the bank's name and promise-to-pay legend in letterpress, with a bold red-orange underprint of the numeral 5 across the body, and the payment location given as Edinburgh.
Vorderseitenlegende UNDER ACT 16 & 17 VICT. CAP. 63.
FIVE
THE COMMERCIAL BANK OF SCOTLAND
INCORPORATED BY ROYAL CHARTER
Promise to pay to the Bearer on demand FIVE POUNDS Sterling at the Office here EDINBURGH
By order of the Court of Directors
Accountant.
Manager.
SPECIMEN
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Anmerkungen

Perkins, Bacon & Co. were the dominant force in British security printing through the mid-nineteenth century, and their steel-engraved work for Scottish private banks was among the most technically refined currency printing of the period. The Commercial Bank of Scotland, founded in Edinburgh in 1810 as a deliberate challenge to the established Royal Bank and Bank of Scotland duopoly, remained a significant issuer well into the era of consolidation — it would eventually merge with the National Bank of Scotland in 1959.

Scottish private note issue was legally protected under arrangements that predated the Bank Charter Act of 1844, which did not extend its monopoly restrictions to Scotland. That legal carve-out is precisely why notes like this exist at all.

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