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10 Pounds National Bank of New Zealand Limited
| Issuer | National Bank of New Zealand Limited |
|---|---|
| Year | 1910-1921 |
| Type | Standard circulation banknote |
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| Obverse description | The British Royal Arms vignette at centre, supported by a lion and unicorn, with the bank's oval denomination panels reading '£10' at upper left and upper right. The bank name and incorporation legend arc across the top, while large green letterpress 'TEN' text forms a bold underprint across the centre field. Ornate guilloche medallions bearing the bank monogram appear at either side, with the promise-to-pay inscription and serial number printed in the central area. |
|---|---|
| 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 TEN POUNDS STERLING FOR THE NATIONAL BANK OF NEW ZEALAND LIMITED TEN |
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| Comments |
The National Bank of New Zealand Limited was a private commercial bank incorporated in London in 1872, and its notes circulated alongside those of several competing banks well into the twentieth century. New Zealand did not establish a central bank until 1934, meaning private trading banks retained full note-issuing authority through the entire period this series covers — an arrangement that was already anachronistic by contemporary international standards.
The P#S309 prefix places this in the specialist catalog for private and commercial bank issues rather than the main New Zealand government sequence, reflecting its status as a privately-issued instrument rather than a state obligation. The Bank was eventually acquired by Lloyds Bank in 1966.