Commercial Bank of Scotland Limited, printers archival specimen £1, 2 January 1914, serial number range 19/I 1/1 to 19/J 200/500, Mackay signature, CANCELLED perforation, order number and date ink top margin, mounting traces, a couple of folds, thus good extremely fine to about uncirculated and rare, this being one of only two copies made for this penultimate print run
PMS CO 56bs, Pick S323s £200-£260