Watch List notes:

Scotland The Royal Bank of Scotland 5 Pounds Reduced size issue Pick 323a (PMS RB58a, BY SC807a) dated 1st March 1952 serial number G890/7953 signatures John McArthur Thomson titled Cashier & General Manager and John D C Dick titled Chief Accountant. The note in blue and red on yellow underprint, uniface and featuring an eye pleasingly designed panel at left and a portrait of George I flanked by a Lion at right and Unicorn at left, W & A.K. Johnston Limited Edinburgh below portrait. A crisp and presentable GVF or slightly better

Estimate: 120-200 GBP