Watch List notes:

North of Scotland Bank, £1, Aberdeen, 1 March 1918 (1923-29), serial number C 0954/0885, overprinted on a North of Scotland & Town & County Bank £1,, (PMS NS31, Pick S629), The bank shortened its name and existing notes were either overprinted with a red handstamp or printed with black text like this example. Black text example scarcer. in PMG holder 40 EPQ Extremely Fine. An attractive high grade example.

Estimate: £700 - £900