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| 正面描述 | The Royal Arms vignette occupies the upper centre, flanked at left and right by the bank's monogram seal within circular guilloche cartouches. The denomination £1 is printed in the upper corners, with the full bank title and incorporation text arching above the arms in letterpress. A bold intaglio promise-to-pay clause runs across the centre field, with the issuing place "Wellington" at lower left and ruled signature lines for the Entd. and Manager below. |
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| 正面铭文 | ₤1 ₤1 THE NATIONAL BANK OF NEW ZEALAND LIMITED. INCORPORATED UNDER THE COMPANIES' ACTS 1862 & 1867, AND THE NEW ZEALAND ACT 1, 1873. Wellington WE PROMISE to pay THE BEARER on Demand ONE POUND Sterling. For The National Bank of New Zealand, Limited, Entd., ONE MANAGER. |
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The National Bank of New Zealand Limited was a London-registered institution from the outset, incorporated in 1872 under British company law and operating as a colonial trading bank rather than a central or government authority. This note predates the Advances to Settlers Act and the broader push toward state banking that would eventually erode the private note-issuing privileges these commercial banks had long enjoyed in New Zealand.
Perkins, Bacon & Petch — the firm transitions through several name variants across this period — were the dominant security printers for colonial banking paper throughout the British Empire, their intaglio work being essentially the industry standard for forgery resistance at the time. Plates produced in London were used to supply branches across the Pacific.