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| Issuer | Bank of Auckland |
|---|---|
| Year | 1865-1866 |
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| Value | Log in to see details |
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| Reference(s) | P#S106 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANK OF AUCKLAND 1 1 INCORPORATED BY ACT OF THE GENERAL ASSEMBLY PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF ONE POUND STERLING AUCKLAND FOR THE BANK OF AUCKLAND ONE POUND |
| Reverse description | Uniface note; the reverse is entirely blank. |
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| Comments |
The Bank of Auckland was a short-lived provincial institution, chartered in 1864 and absorbed into the Bank of New Zealand by 1867. This note falls squarely in that narrow window of independent operation — likely fewer than three years of actual issue before the merger rendered the entire series obsolete.
New Zealand's colonial banking environment in the 1860s was crowded and unstable. Several note-issuing banks collapsed or were consolidated during this decade, and surviving examples from the smaller Auckland-based issuers are correspondingly rare. The Pick S106 classification places it firmly in the speculative issues category.