Watch List notes:

Scotland, The Aberdeen Banking Company (active 1747-53), twenty shillings sterling, 15 December 1749, printed in black on white paper with watermarked lines and counterfoil panel at left, the number, date, denomination and signatures all in manuscript, payable to 'Mr James Saull or the Bearer on demand...' and signed by William Monat (and others), 163 x 120mm (cf Douglas 1), cut-cancelled by removal of (probably) three signatures, strictly in only fair to good condition but paper essentially sound, an extremely early and rare survival of the first Scottish banknote issue outside Edinburgh. Also known as The Banking Company of Aberdeen and established by four Aberdeen merchants, the enterprise closed in January 1754 partly as a result of pressure from the Edinburgh banks. It left no debts and was to be succeeded in 1767 by a new bank named The Banking Company in Aberdeen. See also the following lot.
Estimate: £1,000 - 2000