Royal Bank of Scotland Issue a New Note

The Royal Bank of Scotland is celebrating the Queen’s Diamond Jubilee by issuing 20 million pounds ($31 million) worth of £10 notes with four images of the queen from the 1940’s to the 21st century. Notes with special serial numbers have been donated to several charities including the Prince’s Scottish Youth Business Trust, Oxfam, the National Museum of Scotland, the Scottish Rugby Union, the Scottish Golf Union and a children’s help organization. The Royal Bank of Scotland was the first to issue notes bearing the monarch’s image, starting from its foundation in 1727 during the reign of George I. The Bank of England did not issue notes with the monarch’s image until 1960.