Watch List notes:

National Bank of Scotland Limited, £5, 1 November 1957, serial number A080-952, green on pale lilac and yellow underprint, arms low left, bank title top centre right, value centr5e right and in ornate tablet low right, Dandie/Alexander signature, reverse, Forth rail bridge, also, colour trial £5, ND, brown on pale lilac and green underprint, arms low left, value at centre right and low right, reverse, brown, Forth rail bridge
first, two faint folds, extremely fine, second, red WATERLOW & SONS SPECIMEN overprint, hole punched, tear in low and left margin, a few small sections missing, about very good (2)(Banknote Yearbook SC513, unlisted), first, two faint folds, extremely fine, second, red WATERLOW & SONS SPECIMEN overprint, hole punched, tear in low and left margin, a few small sections missing, about very good (2).

Estimate: £180.00 - £230.00