Watch List notes:

Bank of Scotland, £5 (3), 1937, 1941, 1943, prefixes 4/N, 17/O, 20/Q, orange-brown, arms top centte and at left, Scotia in grey circular panel at centre, Elphinsone and Beveridge/Macfarlane/Crawford signatures respectively, (PMS BA101a, 101b, 101c, Banknote Yearbook 112a, 112b, 112c), generally about fine (3).

Estimate: £60 - £80