Watch List notes:

The National Bank of Scotland Limited, £1, 11 November 1919, serial number L 218-227, 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, Bank Arms upper centre, Samuel printed signature, reverse blue, aerial view of Princes Street at centre, (PMS NA29), pressed very fine.

Estimate: £200 - £250