Watch List notes:

Scotland The Union Bank of Scotland Limited 1 Pound SPECIMEN PROOF similar to Pick S816a (BY SC904a, PMS UB68a) signature Morrison dated 17th October 1949 serial number B/15 352000 with guide lines on obverse and stamped in violet "The Union Bank of Scotland Limited / 25th June 1950", 3 sets of punchole cancellations formed in vertical lines, about UNC - UNC, Printers Annotations and with the usual minor display marks and removal signs, foreign paper

Estimate: 45-75 GBP