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5 Pounds Town and County Bank
| Issuer | Town and County Bank Limited, Aberdeen |
|---|---|
| Year | 1898 |
| Type | Standard circulation banknote |
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| Obverse description | Black intaglio on blue guilloche underprint. Upper centre bears a panoramic vignette of Aberdeen with the River Dee and a bridge; left column contains three panels with a neoclassical building vignette flanked by intricate lathe-work rosettes. Large blue «FIVE» letterpress overprint dominates the centre, with the date «Aberdeen 2nd May 1898» below and «Established 1825» at foot. |
|---|---|
| Obverse lettering | FIVE / THE TOWN AND COUNTY BANK LIMITED / FIVE POUNDS / Promise to Pay the Bearer on Demand Five Pounds Sterling at their Office here Aberdeen / By order of the Directors / MANAGER / SECRETARY / INCORPORATED 1862 / REGISTERED 1882 / ESTABLISHED 1825 |
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| Comments |
The Town and County Bank Limited was absorbed into the Royal Bank of Scotland in 1907, making any note issued in the final decade of its independence a terminal series. Bradbury Wilkinson, whose New Malden works produced some of the most technically accomplished commercial bank printing of the Victorian period, handled the plate work here — their intaglio output for Scottish provincial banks was consistently superior to what most English country banks were receiving at the same time.
Scottish £5 notes from absorbed provincial issuers are structurally undervalued in most collections. The window between the bank's incorporation as a limited company in 1890 and its acquisition by RBS is narrow, and high-denomination survivor rates from that period are poor.