The Royal Bank of Scotland £1 note those holding genuine Bank of England notes. In 1727, the Royal Bank of Scotland began issuing twenty-shilling notes (equivalent to £1). Early banknotes were monochrome, and printed on one side only. The first twenty-shilling notes were dated 8 December 1727 and were hand-signed by a bank cashier and given a unique number. The cashier also added by hand the equivalent value in old Scots pounds — a currency that had been abolished 20 years earlier in the Acts of Union 1707 which united the Kingdoms of England and Scotland into the Kingdom of Great Britain. Twenty shillings was equivalent to
Acts of Union 1707 not mean James abandoned the idea; 17th-century religion and politics were closely linked and he viewed a unified Church of Scotland and England as the first step towards a centralised, Unionist state. The problem was that the two churches were very different in both structure and doctrine; Scottish bishops presided over Presbyterian structures but were doctrinal Calvinists who viewed many Church of England practices as little better than Catholicism. The religious policies followed by James and his son Charles I were intended as precursors to political union; resistance to this concept led to the 1638 National Covenant in Scotland and