Featured Note of the Month: June 2019

Posted on 6/18/2019

This Scottish note was issued in celebration of Queen Elizabeth II’s Diamond Jubilee in 2012.

Scotland, Pick# 368, 2012 £10, "Commemorative," front
graded PMG 68 Superb Gem Uncirculated EPQ
Click image to enlarge.

Scotland, Pick# 368, 2012 £10, "Commemorative," back
graded PMG 68 Superb Gem Uncirculated EPQ
Click image to enlarge.

Country: Scotland
Catalog Number: Pick# 368
Date: 2012
Denomination: £10
Varieties: Since this is a commemorative issue, only the one variety exists.

What makes it special? This note commemorates Queen Elizabeth II’s Diamond Jubilee – the 60th anniversary of her ascension the throne in 1952. She is only the second British monarch to celebrate a Diamond Jubilee (after Queen Victoria in 1897). More recently, in 2017, she reached a Sapphire Jubilee marking 65 years and making her the longest-reigning monarch in British history.

The back of the note features four portraits of the queen at various stages in her life. The serial number includes prefix letters TQDJ, which stand for “The Queen’s Diamond Jubilee”.

Why is it interesting now? The Queen’s (or King’s) Official Birthday, which falls on the second Saturday in June in the United Kingdom, was first recognized in 1748 under King George II. This year, it fell on June 8, even though Queen Elizabeth's actual date of birth is April 21. The observed day varies throughout the Commonwealth realms, but is generally held in late May or early June so that the weather will be nice for outdoor ceremonies.

Did you know? Many people in Scotland objected to the title “Queen Elizabeth II,” as no Elizabeth I had ever ruled over Scotland. Protests included an unsuccessful legal case challenging the name and widespread vandalism of mailboxes which bore the queen's cipher, “E II R”. As a result, authorities re-branded mailboxes and vehicles with the Crown of Scotland.

Total graded by PMG: 170

PMG median grade: The median grade for these notes is PMG Gem Uncirculated 66 EPQ

PMG highest graded: PMG Superb Gem Uncirculated 68 EPQ

Sales highlights: Both raw and in PMG holder, this note can be purchased for under $100.

PMG Registry Champion: This note can be found in the Scotland, 1908-Date or Royal Bank of Scotland PLC, 1982-Date sets.

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