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5 Shillings Dundee Commercial Bank
| Issuer | Dundee Commercial Banking Company |
|---|---|
| Year | 1797 |
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| Currency | Pound sterling (1707-1970) |
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| Obverse description | Printed in black ink on plain paper, the note is set entirely in copperplate script and letterpress typography. An oval intaglio vignette in the upper left depicts a seated classical female figure, likely representing Commerce or Industry, with industrial apparatus at her side. The bank name runs vertically along the left border in ornate script, while the denomination "FIVE SHILLINGS" appears in large display lettering across the upper right, above the handwritten promise-to-pay text dated Dundee, 1st April 1797. |
|---|---|
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| Signature(s) | James Scott (Cashier) |
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| Comments |
The Dundee Commercial Banking Company had a short and troubled existence — it collapsed in 1802, just five years after this note was issued, leaving creditors exposed and accelerating local pressure for more rigorous Scottish banking regulation. Notes from its final years of issue are occasionally found uncancelled, suggesting some obligations were simply never presented before the bank's failure.
James Scott's signature as Cashier appears across the known surviving examples; whether he signed individually by hand or used a facsimile depends on the specific printing run. Worth examining closely.