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5 Shillings Dundee Commercial Bank
| Issuer | Dundee Commercial Banking Company |
|---|---|
| Year | 1797 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | FIVE SHILLINGS Dundee 1st April 1797 Dundee COMMERCIAL Bank I promise to pay to James Gardner or the Bearer on demand Five Shillings Sterlg at the Company's Office here. For the Dundee Commercial Banking Co. James Scott Cashier Entd by |
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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.