One-pound banknote

This one pound banknote was issued by the Air Bank, as Douglas, Heron and Co. was known. It is dated 1 August 1780. The company's name is derived from the spelling of Ayr on its banknotes.

One-pound banknote, Douglas Heron and Company, 6 November 1769

The Air Bank was opened in Ayr in 1769. It was one of the few Scottish banks to fail badly. Its collapse in 1771 disastrously affected many of its customers, but the Scottish economy was strong enough to hold off a more general crisis.

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Online ID:	000-100-079-404-C
Image Rights Holder:	National Museums Scotland
Project:	0098: National Museums Scotland Project description \| View all records in project
Ref:	National Museums Scotland H.OIA 107
Date:	1769 6 November 1769
Material:	Paper
Dimensions:	135 mm x 122 mm
What:	Banknote
Subject:
Who:	Douglas Heron and Company (Maker)
Where:
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Description:
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