Watch List notes:

Union Bank of Scotland, unissued £100, 18 February 1947, plate A blue, yellow and red sunburst design at centre, arms top centre, equestrian statue at left and right,, (PMS UB 67d, Pick S814c for type), About EF, hole cancelled, printer's annotations on front, exhibited bank stamp and mounting traces on reverse, good paper quality, rare.

Estimate: £300 - £400