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10 Shillings Bank of New Zealand, With 1/2 in corners

Issuer Bank of New Zealand
Year 1924-1925
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Currency Pound (1840-1967)
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Obverse description Printed in orange on a fine guilloche underprint, the obverse presents an oval intaglio portrait vignette of Maori King Tawhiao at right. The four corners each bear the denomination rendered as the sterling fraction £1/2 within decorative cartouches, with the legend TEN SHILLINGS inscribed thereon; the centre carries the promise-to-pay text in italic script above a bold letterpress panel, with the issuing place Wellington and date appearing below.
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Reverse description Printed in orange, the reverse centres on a vignette of the New Zealand coat of arms flanked by two Maori figures at left and two kiwi birds at right, with a palm tree and volcanic peak in the background. The composition is enclosed within an intricate guilloche border, the denomination repeated in the corner panels, and the principal inscription UNIFORM ISSUE appears as the dominant reverse legend.
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Comments

The Bank of New Zealand operated as a private commercial issuer, not a central bank — its notes circulated alongside those of other competing banks until the Reserve Bank of New Zealand absorbed the right of issue in 1934. This note belongs to the last decade of that private era. The "With 1/2 in corners" distinction separates it from earlier issues in the same series and matters for accurate attribution, as the two types are frequently conflated in general collections.

Bradbury Wilkinson produced the majority of Australasian commercial banknotes through this period, and their intaglio work was consistent enough that condition problems on surviving BNZ notes usually trace to handling and tropical storage rather than any weakness in the printing.

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