North of Scotland and Town and County Bank Limited, £5, 1 March 1918, serial number A 0204/0821, blue and yellow, the Marischal Colege and arms in top border, arms at left, two manuscript signatures below, (PMS NS27b, Banknote Yearbook 702A), a pleasing enough fine and scarce.

Estimate: £300 - £350

SRN: Estimate changed to £300-350.