Watch List notes:

Paisley Commercial Banking Company, £20, Paisley, 17 June 1863, serial number 8/286, black and white, Paisley Abbey top centre with vignette of Queen Victoria in olive wreath in foreground, allegorical maiden at left and right representing Industry and Commerce, value in black tablet at centre, arms low centre, two manuscript signatures below(Douglas 3, PMS PC3), no example illustrated in PMS, a lovely Lizars engraving, fresh good very fine, an excessively rare and handsome note.

Estimate: £3000 - £4000