Watch List notes:

The Royal Bank of Scotland plc, £5 (16), 14 May 2004, Commemorative Series, consecutive serial numbers R & A 0811901-0811916, blue on multi-coloured underprint, Lord Ilay at right, St. Andrews club seal at left, F.Goodwin signature, reverse blue, Tom Morris at left above St. Andrews clubhouse,(PMS RB99, Banknote Yearbook SC845), uncirculated.

Estimate: £120 - £150