Watch List notes:

Scotland The Union Bank of Scotland Limited Fifth General issue 1 Pound Pick S815c (PMS UB63e, BY SC903d) pre-war dated 31st May 1938 fractional prefix variety serial number M/34 840148 signatures Norman Hird for General Manager and M J Wilson for Cashier. The note in blue on yellow and red sunburst underprint with the obverse displaying the Bank's Coat of Arms at upper centre flanked by 2 Allegorical women and 2 equestrian statue illustrations in each opposing corner at lower left and right. The reverse displaying an elaborate panel with large denomination figure in circle at centre and circled with text "The Union Bank of Scotland Limited". Fresh and crisp About UNC or near so

Estimate: 45-75 GBP