Watch List notes:

National Bank of Scotland Limited £20, 1 February 1951, serial number A183-778 dark blue on light yellow, orange and pink underprint, portrait Marquess of Lothian plus shipping on the Clyde at left, Edinburgh Castle and Holyroodhouse Palace at right, Royal Arms upper centre, Brown and Dandie signatures, reverse blue, aerial view of Princes Street at centre(PMS NA63, Banknote Yearbook SC522e), good very fine.

Estimate: £200 - £250