One Pound, 6 April 1905, signature of J.R. Wood, stamped specimen across centre (Douglas 31-2). Good extremely fine (£250-300)

This lot was sold as part of a special collection, The Union Bank of Scotland Collection.

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In 1904 the contract for printing notes was given to Waterlow & Sons Ltd. This followed a series of  internal problems within Perkins, Bacon & Co which had raised serious concerns about the continued printing and supply of banknotes. Due to the shortage of time available the basic frontal printing was retained although a fresh design for the backs was ready for the new issue in April 1905