Watch List notes:

National Bank of Scotland Limited, black and white proof for £5, ND (c.1831-82), also £1, 24 May 1920, blue on orange and yellow, £1, 1929, 1938, 1943, 1946, 1950, 1954, 1957, black on yellow and orange(Banknote Yearbook SC 501c 502a, 503a, b, c, d, e), the first has been mounting traces, otherwise about uncirculated, the remainder generally very fine to extremely fine, some pressed (8).

Estimate: £400 - £500