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Auction: 20015 - British Banknotes - conducted behind closed doors
Lot: 2395

Commercial Bank of Scotland Limited, £20, 25 October 1937, serial number 12/W 04147, blue and pale red and yellow, John Pitcairn low centre, classical frieze top centre, printed signatures of Thomson and Erskine, reverse blue, bank head office at centre, value at left and right
(PMS CO63c, Banknote Yearbook 423c), in PMG holder 40 extremely fine, rare in this grade

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Sold for
£480

Starting price
£450