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10 Shillings / 50 Pence Postal Order - New Zealand Overprint
| Issuer | New Zealand Post Office |
|---|---|
| Year | 1970 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain off-white paper reverse printed in black italic letterpress with conditions of use, including instructions regarding crossed orders, receipt signing, payment refusal for altered orders, and a six-month encashment notice. A 'Precautionary Note' appears at lower left, with the red circular Atyrton N.Z. cancellation stamp dated 30 JUL 1970 visible at lower left. |
| Reverse lettering | A crossed order will be paid only through a Bank The payee MUST SIGN THE RECEIPT unless the order is paid through a Bank Payment may be refused if this order has any erasure or alteration or is cut, defaced or mutilated Precautionary Note |
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| Comments |
When New Zealand decimalized its currency on 10 July 1967, it created an immediate problem for its stock of pre-decimal postal orders. Rather than destroy usable instrument stock, the Post Office overprinted existing 10 Shilling orders with their decimal equivalent — 50 cents, not 50 pence as the catalog name suggests. The "50 Pence" designation is a cataloguing anomaly; New Zealand adopted cents and dollars, never pence.
The 1970 date places this well after decimalization, suggesting overprinted stock was still being issued or processed three years into the new currency system — an unusually long tail for transitional instruments of this type.