Watch List notes:

Commercial Bank of Scotland Limited, £1 94), 2 January 1915 (2), 2 January 1918, 2 January 1920, serial numbers 19/Q 54/491 (red), 20/E 115/209 (black), 21/A 659/260 (red), 21/E 710/498 (black) respectively, all, blue on light yellow underprint, bank offices top centre and at left and right, bank title and value at centre, reverse, blue panel(Banknote Yearbook SC402b), first three, about very good, fourth, very fine (4).

Estimate: £200.00 - £300.00