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10 Dollars - Elizabeth II

Issuer Reserve Bank of New Zealand
Year 1967-1981
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Value 10 Dollars
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Obverse description Intaglio portrait of Queen Elizabeth II at right, wearing a tiara and pearl necklace, set against an intricate guilloche underprint in blue and ochre tones. The denomination 'TEN DOLLARS' is printed in large letterpress to the left, flanked by ornate lathe-work vignettes at each corner. The issuer's name appears in a solid dark band along the lower border, with the Chief Cashier's signature printed centrally below the portrait.
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Reverse lettering TEN DOLLARS RESERVE BANK OF NEW ZEALAND MOUNTAIN LILY KEA DE LA RUE
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New Zealand's decimal transition in 1967 replaced the pound series at a rate of two dollars to one pound, and this note entered circulation as part of that first decimal issue. De La Rue held the contract throughout the series run, printing in London for a country that wouldn't bring its currency printing onshore until the 1980s. The 14-year span of this issue, with four different signatories cycling through — Fleming, Wilks, Knight, and Hardie — reflects Governor and Chief Cashier turnover at the Reserve Bank rather than any reissue or revision to the note itself.

Watermark security was the sole mechanical anti-counterfeiting measure. By the time Hardie's signature appeared on examples late in the run, polymer substrate technology was already being developed in Australia, which would eventually push the entire region away from paper issues entirely.

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