Watch List notes:

Commercial Bank of Scotland Limited, Printer's Archival Specimen £1, 1892-1906, serial number 15/L-200/500, orange and blue on cream paper, allegoric figures at top, values in all corners and at top centre, signature of Accountant James Anderson, no signature under P Cashier, (Pick S315bs, PMS CO48a), perforated SPECIMEN, printers date annotation on counterfoil, in PMG holder 64 Choice Uncirculated, scarce.

Estimate: £300 - £400