Use a dash to exclude the coins matching with a word or expression. Before the Act of Union, Scotland had its own currency, the pound Scots. He said: “Scottish notes are not legal tender anywhere in the UK, they are legal currency and I would encourage shopkeepers to accept them right across the UK, but they’re not legal tender.” Banknotes and coins. The plastic version, which features … The Scottish banks issue notes in denominations of £5, £10, £20, £50 and £100.Only the Royal Bank of Scotland continues to issue a small volume of £1 notes. The Scottish Pound is a local version of the Pound Sterling, issued by Scottish retail banks since 1845.The Scottish Pound Sterling notes are a valid means of payment in Scotland but they are not legal tender in other parts of the UK. James VI Hat Piece In Scottish banks do print their own version of the pound, which are called Scottish notes. Search tips. The ten coinages of James VI offer some of the most distinctive portraits of all Scottish coins. The Scottish currency is regulated by the Royal Financial Institution of Scotland. Example: type "5 cent*" to find coins of 5 cents and 5 centimes. One pound Scots equalled 1s. Example: A search for "1 franc" is more precise than 1 franc. This twenty-pound piece, struck in gold at the Edinburgh Mint in 1575, is the largest coin ever produced by a Scottish monarch. › Scotland. The coins in circulation are 1p, 2p, 5p, 10p, 20p, 50p and £1 and £2.. Scottish Pounds Exchange yours now. The most common banknotes are £5, £10, £20, £50 and £100.It is also possible to find £1 notes, although these are extremely rare. 8d sterling and 1 pound sterling equalled 12 pounds Scots. It was struck when the king was nine years old and barely seven years into his 57-year reign. When you find old currency notes or vintage coins that interest you and you want to find out more information about them, all you need to do is click on the image which will open a new page. However, from 1600 onwards the exchange rate was stabilised at 12:1. Like the rest of the United Kingdom, the currency used in Scotland is the British pound. Coins from Scotland. You may use an asterisk as a wildcard. To search an expression, simply put quotation marks around it. Banknotes of Scotland are the banknotes of the pound sterling that are issued by three Scottish retail banks and in circulation in Scotland.The issuing of banknotes by retail banks in Scotland is subject to the Banking Act 2009, which repealed all earlier legislation under which banknote issuance was regulated, and the Scottish and Northern Ireland Banknote Regulations 2009. The debasement of the Scottish coinage had resulted in the divergence of the Scottish and English currencies. 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