Watch List notes:

Commercial Bank of Scotland Limited, specimen £1, ND (ca 1947), no serial numbers, purple, John Pitcairn top right, maidens and classical female head low centre. reverse purple, arms at centre, value top left, (PMS CO65s, Banknote Yearbook 405s), perforated CANCELLED and red SPECIMEN overprint, uncirculated and scarce.

Estimate: £150 - £200