Watch List notes:

Scotland North of Scotland Bank Limited Seventh issue 5 Pounds Pick S645 (PMS NS44b, BY SC715b) post-war dated 1st July 1947 serial number DE064736 and signed George Logan Webster titled General Manager. VF or slightly better with very faint Pencil Annotation at upper margin and a tiny marginal tear at right but these not affecting the general appearance of the note and not extending into the design, the note in red and the obverse featuring an illustration of Aberdeen's King's College at centre and 3 Coat of Arms at 3 corners - top left is the Bank's Coat of Arms, top right is the County of Aberdeenshire and at lower left is the City of Aberdeen. The reverse displaying an enlarged Bank's Coat of Arms at centre on a guilloche panel. Printed by Thomas De La Rue & Co. Limited London and watermarked with a bust of Sir William Wallace based on the statue on Union Terrace in Aberdeen by Sir William Stevenson along with the Bank's monogram. The North of Scotland Bank notes have been and always are keenly sought after by collectors due to their imperviously beautiful design. It makes this a very rare and desirable note along with the fact that this bank was the last of Aberdeen issuers, the relatively small quantity of notes issued and this being the last design just before the bank's identity was completely lost in 1950 even through the Aberdonian directors determined efforts to preserve their independence after the London-based Midland Bank acquisition in 1923. All these facts make this a very rare and seldomly offered note

Estimate: 50-100 GBP