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National Bank Of Scotland 1 Banknote 1920. Value ?

 
 
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Valued Member
United Kingdom
147 Posts
 Posted 10/19/2019  04:01 am Show Profile   Bookmark this topic Add JBL to your friends list Get a Link to this Message
I have this National Bank of Scotland 1920 1 banknote and after extensive searching I still cannot find a guesstimate to its value. It can be found in catalogues but no value indication, eBay draws a blank, no banknote sellers list it. Notes from around 1920 seem to be between 100-200+ so if any banknote specialist on here would be kind enough to send me a link or suggest a value it would be appreciated.
Cheers
Brian.


Valued Member
United Kingdom
439 Posts
 Posted 10/19/2019  07:20 am  Show Profile   Bookmark this reply Add ScotsGreyhound to your friends list Get a Link to this Reply
Hi JBL, nice banknote.
realbanknotes.com has a description of your note - Marquis of Lothian pictured, hand signed by Accountant etc, no picture or value though sadly.
colin-narbeth.com might be an option for you, send them an email?
They are in London & they also deal in rare/expensive banknotes.
Good luck
Valued Member
United Kingdom
147 Posts
 Posted 10/19/2019  08:35 am  Show Profile   Bookmark this reply Add JBL to your friends list Get a Link to this Reply
Good afternoon and thanks for the reply.
I have sent a few emails out so will wait and see what transpires.
Cheers
Brian.
Valued Member
United Kingdom
439 Posts
 Posted 10/19/2019  10:46 am  Show Profile   Bookmark this reply Add ScotsGreyhound to your friends list Get a Link to this Reply
Please do let us know how you get on
Pillar of the Community
Canada
629 Posts
 Posted 10/19/2019  12:00 pm  Show Profile   Check walk2dwater's eBay Listings Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
Found it on p1092 of SWCPM (16th Ed). It is from the 1908-1914 Issue P248b & the BV are as follows:
G $70 F$325 & EF $650. Your note looks G on the reverse but more F on the front -so I would estimate it to be about $150-$250 depending on what the demand is. Generally speaking, when a series of notes are only given G/F/XF estimates it means that Pick (the original authors of Krause's SWCPM) saw them as quite rare to "tough" to find in any condition. Hope that helps!
Valued Member
United Kingdom
147 Posts
 Posted 10/19/2019  12:46 pm  Show Profile   Bookmark this reply Add JBL to your friends list Get a Link to this Reply
Thank You, just what I wanted.
It will be interesting to see if I get any valuations back to compare to this info'

Cheers
Brian.
Pillar of the Community
Canada
629 Posts
 Posted 10/19/2019  7:51 pm  Show Profile   Check walk2dwater's eBay Listings Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
Here's a specimen of the 1 Pound banknote from the first 1893;1895 Series which preceded your note by about 20 years. It is listed as P240cs but that does NOT match the design so I'm pretty sure it should be listed as P244s but a specimen from 1889 is not listed in SWPMC (which is not uncommon for older series, as info emerges):
https://banknoteindex.com/browse.mh...d&offset=170 te

I highly recommend perusing the above "Banknote Index" as a great online guide to world banknotes. Enjoy!
Edited by walk2dwater
10/19/2019 7:57 pm
Valued Member
United Kingdom
147 Posts
 Posted 10/25/2019  11:03 am  Show Profile   Bookmark this reply Add JBL to your friends list Get a Link to this Reply
Sent four requests to UK websites for info and valuation. I had ONE response. Value about 60 at auction, they will buy it from me at 45.
I rather think I will have a gamble on ebay at some time !
Cheers all and thanks again.
Brian
Pillar of the Community
Canada
629 Posts
 Posted 10/25/2019  5:00 pm  Show Profile   Check walk2dwater's eBay Listings Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
I had ONE response. Value about 60 at auction, they will buy it from me at 45.

-that makes sense. People who inherit/find old notes often assume that others (sellers) get rich selling off the same banknotes but the reality is that it could take quite a while for them to unload each item they put up for sale/auction. There's many 3rd party costs involved too. The lower the grade the more challenging it is for them to sell near book. The backside (reverse) of your note (& edges) may scare off a few buyers. Let us know how you make out (& good luck!)
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