1 Pound

The Government of Samoa series of 1920 was issued under New Zealand administration, which had governed the territory as a League of Nations mandate since occupying it from Germany in 1914. New Zealand's administration printed these notes to replace the German colonial currency that had circulated under the Deutsche Handels- und Plantagen-Gesellschaft system — a practical necessity, but also a deliberate assertion of administrative control over the islands.

P#2 is genuinely rare. The entire issue had extremely limited distribution across a small island population, and surviving examples in any grade are seldom seen at auction.