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Auction: 16050 - British Banknotes including the Collection of the Chartered Institute of Bankers in Scotland
Lot: 2791

Commercial Bank of Scotland Limited, £20, 2 August 1940, serial number 12/V 02634, blue on multicolour underprint, frieze at top centre with bank title above, portrait Lord Pitcairn low centre, value in each corner and in black tablet at centre, Thomson/Erskine signature, reverse, bank building flanked by value within ornate guilloche pattern
(Banknote Yearbook SC423d), original very fine

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Sold for
£200