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Thursday, December 15, 2011

Scotalnd-3 Versions of the Royal Bank of Scotland 1 Pound Note

Illustrated below are the obverse and reverse of 3 of the varieties of Royal Bank of Scotland 1 Pound note. The issues are from the 1960's, 1970's and 1980's The watermark, in the white circle of the note is a profile portrait of Lord Ilay one of the founders of the original bank.The Royal Bank was founded as a response to the Jacobite Rebellion in Scotland. The already established Bank of Scotland was effective in raising funds for the Jacobite Rebellion and as a result the Royal Bank of Scotland was established to provide a bank with stronger ties to the British Crown.
On the back of Royal Bank of Scotland banknotes are images of Scottish castles, with a different castle for each denomination:,1 pound note featuring Edinburgh Castle, 5 pound note featuring Culzean Castle
10 pound note featuring Glamis Castle, 20 pound note featuring Brodick Castle, 50 pound note featuring Inverness Castle (introduced in 2005), 100 pound note featuring Balmoral Castle

Royal Bank of Scotland Limited, 1 Pound, issued from 1972 to 1981.
Serial number prefixes run from A/1 to C/57
The design of the later note is substatially the same but the bank has now added the legend "plc"

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