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1 Pound Bank of New Zealand, Arched bank name

Issuer Bank of New Zealand
Year 1924-1925
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Size 179 × 89 mm
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Obverse description The upper field carries the arched bank title in gothic script, with the central intaglio vignette presenting a portrait of Maori King Tawhiao within an oval guilloche frame, his facial moko rendered in fine engraved line work. Four corner cartouches each bear the £1 denomination numeral against a fine diaper underprint that extends across the entire field. The promise-to-pay legend runs horizontally through the middle register, with the place and date of issue positioned to the lower right above the manager's manuscript signature line.
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Reverse description The central vignette presents the Bank of New Zealand armorial bearings flanked by two standing Maori figures to the left, while two kiwis, a palm tree, and a volcanic cone complete the composition to the right, the whole enclosed within an ornate guilloche border executed in the fine intaglio style characteristic of Bradbury Wilkinson's output.
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Comments

The Bank of New Zealand operated as a private commercial bank throughout this period — New Zealand did not establish a central bank until 1934, meaning institutions like the BNZ functioned as de facto note-issuing authorities for decades. This 1924–25 issue was among the later private pound notes before the Reserve Bank of New Zealand Act eventually ended that arrangement.

Bradbury Wilkinson's engraved work for colonial and dominion banks was extensive during this period, and the firm held long-term contracts with several Australasian issuers. The "arched bank name" designation distinguishes this from earlier and later typographic treatments of the same series — a cataloger's detail that matters when attributing undated or lightly dated examples.

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