And finally…Scottish pound note auction stuns lucky seller



Image courtesy of McTears

An anonymous seller from Inverness has been left “speechless” after a £1 note they submitted for auction to the highest bidder went for £1,700 at McTear’s Auctioneers in Glasgow.

The rare Caledonian Banking Company Limited pound note, dating from 1876, contained the handwritten signatures of both the accountant and manager of the bank, details which experts said made the note particularly attractive to collectors.

“It was inevitable it would generate a lot of interest and demand”, the auctioneers said, as there have only been three other such examples sold in the UK of this particular banknote in the past decade.

The note has strong connections to the Highland Capital because the bank which issued it was founded in the city in 1838.

The note depicts a view of Inverness Castle from across the River Ness with two “Highland” scenes of people in traditional clothing.

Sarah Cotter, head of jewellery, watches and coins at McTear’s, said: “It might seem surprising that a £1 note could be worth £1,700.

“But when it is as rare as this Caledonian Banking Company Limited one, it was inevitable it would generate a lot of interest and demand from collectors around the world, even when not in perfect condition.”