These notes are two versions of the British 1 pound note issued by different banks. The lower one was issued by the Bank of England up until 1988 when the £1 coin took over and £1 notes were discontinued, likewise with the Bank of Scotland note which was issued until 1988, although the Royal bank of Scotland still issues £1 notes.
The first note is the £1 note issued in 1981 by the Bank of Scotland, with Sir Walter Scott on the front and a sailing ship and the medallion of Pallas on the reverse.
The bank of England £1 note issued between 1981 and 1984 with Queen Elizabeth II on the front and Sir Isaac Newton on the reverse.
See more from Great Britain HERE
see more Scottish notes HERE
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