Watch List notes:

(x) Bank of Scotland, 12 Pounds Scots, Edinburgh, 24. 6. 1723, serial number 89/54243, payable to David Spence or the Bearer, two manuscript signatures, black on white, watermarked paper "BANK OF SCOTLAND", embossed seal of the Bank, uniface, (PMS BA24, Pick 9), very rare in this grade.

Estimate: $2500 - $3500