National Bank of Scotland Limited, watermarked paper of the type used on the £5, £20 and £100 of 1957, featuring Sir Alexander Henderson, glued into blue card frames with ink annotations, as produced, very rare, and indeed the only copy of this watermark in the Portals archive
PMS NA 68 £80-£100

This lot was sold as part of a special collection, Paper and Proofs from the Portals Archives.

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