Watch List notes:

Scotland: Bank of Scotland, nice lot with 10 banknotes, including 1 Pound 1940 (P.91b, XF+/aUNC), 1 Pound 1967 (P.105b, F), 3x 1 Pound 1980, 1981 and 1986 (P.111a,e,f, XF+ to UNC), 2x 5 Pounds 1990 and 1994 (P.116a,b, XF/XF+), 10 Pounds 1992 (P.117a, VF+/XF) and 2x 20 Pounds 2001 and 2004 (P.121d,e, F+, VF). (10 pcs.)
[taxed under margin system]