Watch List notes:

North of Scotland Bank Limited, specimen £5, 1 July 1949, serial number EE000000, red, bank title top centre, Kings College, Aberdeen at centre, arms top left, right and low right, reverse, red ornate panel with bank arms at centre, also, issued four issued £5 dated 1940, 1944, 1947 and 1948(Banknote Yearbook SC715a, b), first, perforated CANCELLED, hole punched, SPECIMEN NO 69 low left, glue residue, very fine, remainder, very good to fine.

Estimate: £250.00 - £350.00