Watch List notes:

Commercial Bank of Scotland Limited, specimen £5, Edinburgh, 3 January 1888, serial range 12/A 51/1 to 12/A 100/200, no signatures, blue on buff underprint, frieze of allegorical figures from the pediment of Head Office building in Edinburgh at upper centre, value in each corner, reverse brown, Head Office building set in ornate frame, value in guilloches at left and right(Douglas 37-1s), perforated SPECIMEN BW&Co LONDON, pencil date "Dec 14 89" on counterfoil,
good extremely fine to about uncirculated, extremely rare.

Estimate: £500.00 - £700.00