The band is recognised as one of the oldest surviving civilian pipe bands in the world, having been formed in 1887 in the village of Wallacestone, which is a few miles outside Falkirk in Central Scotland.
Originally financed by local miners who contributed part of their wages each week to establish the band, it is now completely self-supporting.
The Hunting Sinclair tartan has been worn by Wallacestone since 1973.

Pipe Major Neil Henderson has led the band since September 2011. Since then they were runners up at the 2016 grade 3B World Championships and also in the Champion of Champions table that year. This resulted in the band being promoted to grade 3A.
The 2017 season also proved to highly successful with the band winning both the European and UK Championships as well at taking the 2017 Champion of Champions title, resulting in the band being upgraded for a second successive season.
The band currently compete in Grade 2 and is also a registered charity.