Wall Street Auction #XXI, Sessions 2 and 3

Commercial Bank of Scotland, 1927 Waterlow Color Trial Specimen. Edinburgh, Scotland. Dec.. 1, 1927, 1 Pound, P-S331s. Unlisted Color Trial SPECIMEN. John Pitcairn. Brown on yellow and orange instead of issued blue on yellow and orange, back brown. PMG graded Gem Uncirculated 66 EPQ (Exceptional Paper Quality). Waterlow & Sons. Rare Color trial of this scarce note. There are a total of 3 color trials graded by PMG, this being the highest. W&S