National Commercial Bank of Scotland £1 1964 P269a AU/Unc

These £1 notes are dated 1964 and were issued by the National Commercial Bank, at the time Scotland’s biggest bank(B269). The front illustration is of the Forth Railway Bridge. The designer used an artistic license with the ship, which appears under the central arch. This was not a shipping lane and had it continued it would have run aground!. The arms of the bank are on the back. We offer this 1964 £1 in AUnc. Very limited availability.
Availability: In stock
SKU: BSN5717
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Governments worldwide are issuing more and more paper money; they call it QE or Quantitative Easing. We call it making our money worth less and less and if you really need an example, how about Germany in the early 1920s? At that time money became of so little value that someone saw a basket of banknotes, they left the notes and stole the basket! In Canada, during the reign of King George V, we have an excellent example of what inflation can do. We have the Canadian Large Cent of King George V, issued 1911-1920. Then in 1920 they reduced the size greatly and kept this smaller size until 1936. We offer the Large and Small-sized 'Penny' or One Cent coins of King George V, so you can show your friends what inflation can do to coins. Let’s hope it doesn’t happen here… Large size cent issued from 1911-1920 and the small cent issued from 1920-1936