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1 Pound National Bank of New Zealand Limited
| Issuer | National Bank of New Zealand Limited |
|---|---|
| Year | 1925-1930 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | Perkins, Bacon & Petch (Perkins, Bacon and Co.), United Kingdom (1820-1935) |
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| Obverse description | The obverse is printed in blue-violet on plain paper with an elaborate guilloche border and corner ornaments. The royal arms with lion and unicorn supporters are centrally placed, flanked by the bank's circular monogram seals at left and right, with the denomination £1 appearing in the upper corners. The large word ONE forms a bold underprint across the centre of the note, with the bank title, place of issue, date, and two manuscript signatures appearing in the lower portion. |
|---|---|
| Obverse lettering | THE NATIONAL BANK OF NEW ZEALAND LIMITED INCORPORATED UNDER THE COMPANIES ACTS 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 ONE |
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| Comments |
The National Bank of New Zealand Limited was a British-registered institution operating in New Zealand, which explains the London printing arrangement with Perkins, Bacon & Petch — this was never a colonial anomaly but a deliberate commercial relationship maintained well into the twentieth century. The bank itself was founded in 1872 and remained under heavy British ownership throughout this period.
New Zealand would not establish its own central bank until 1934, meaning commercial banks like this one retained full note-issuing rights through the late 1920s. The Reserve Bank Act that ended that privilege made surviving examples from this final window of private issue historically significant to the New Zealand series.