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The Scotland 1 Pound banknote was issued in 1999 to commemorate the Scottish Parliaments first meeting. The banknotes obverse features a portrait of Lord Ilay who was the first governor of the issuing bank, Royal Bank of Scotland Public Limited Company. The reverse of the note depicts the Church of Scotlands General Assembly Hall. The banknote has dimensions of 128 x 65 mm. It carries a solid security thread. It also bears a watermark that reflects Lord Ilay. This Scotland 1 Pound paper bill comes in exceptional paper quality and has been graded 66 by the Paper Money Guaranty.