Watch List notes:

Commercial Bank of Scotland Limited, £1, 4 January 1906, serial number 17/L 138/392, blue and pale orange, classical frieze top centre, Scotia low centre, printed signature of Mackay low left, manuscript signature low right, reverse green, Bank head office at centre(PMS CO48d), ex Keith Austin sale 1999, about very fine, quite rare.

Estimate: £500 - £600