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1 Pound Bank of New Zealand, Without text on back

Issuer Bank of New Zealand
Year 1921-1924
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Shape Rectangular
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Obverse description The obverse is printed in brown, green, and blue on a multicolour guilloche underprint. At left, a vignette of two Maori figures in traditional dress stands within an oval border; at right, a companion vignette shows two kiwis beside a palm tree with a smoking volcano in the background. The central panel carries the bank title in Gothic lettering above an elaborate lathe-work oval bearing the denomination ONE POUND STERLING, with the promise-to-pay text, Wellington place of issue, and date of issue printed below.
Obverse lettering ONE BANK OF NEW ZEALAND INCORPORATED BY ACT OF THE GENERAL ASSEMBLY ON DEMAND WE PROMISE TO PAY TO THE BEARER ONE POUND STERLING WELLINGTON FOR THE BANK OF NEW ZEALAND ONE
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Comments

The Bank of New Zealand was a privately chartered institution operating under colonial-era legislation, and these notes circulated alongside New Zealand government issues well into the 1920s — a period when private bank currency still had full legal standing in the country. The "without text on back" designation distinguishes this from later printings in the same series where additional wording was added to the reverse, making the two variants easy to misidentify without careful examination.

Bradbury Wilkinson held the contract for Bank of New Zealand notes across several decades, and the relationship was continuous enough that successive issues share strong design lineage.

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