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1 Pound National Bank of New Zealand Limited
| Issuer | National Bank of New Zealand Limited |
|---|---|
| Year | 1873-1877 |
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| Shape | Rectangular |
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| Obverse description | The Royal Arms vignette is centred at the top, flanked by the denomination £1 in ornate panels at upper left and right, with the bank's circular monogram seals inset within elaborate guilloche borders at either side. Below the arms, the place of issue "Wellington" appears at left, above a central panel bearing the promise-to-pay legend in mixed script and letterpress type. The word ONE appears in a decorative cartouche at lower left, with manuscript signature lines for the Entd. and Manager positions; this example is overprinted SPECIMEN. |
|---|---|
| Obverse lettering | £1 £1 THE NATIONAL BANK OF NEW ZEALAND, LIMITED. WELLINGTON WE PROMISE TO PAY THE BEARER ON DEMAND ONE POUND STERLING FOR THE NATIONAL BANK OF NEW ZEALAND, LIMITED. ONE SPECIMEN |
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| Comments |
The National Bank of New Zealand Limited was incorporated in London in 1872 under English law, with capital raised from British investors — it was a colonial bank in the strict sense, directing funds toward New Zealand pastoral and commercial lending from a metropolitan base. This note belongs to its earliest trading years, before the bank had established the regional presence it would later build across the North Island.
Perkins, Bacon & Petch were the obvious choice for a London-incorporated colonial bank at this date. Their steel intaglio work was specifically chosen for its resistance to forgery at a time when antipodean authorities had limited means to authenticate currency in remote districts.