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| 正面描述 | The note is framed by an intricate guilloche border with ornamental cornerpieces. The bank title 'THE NATIONAL BANK OF NEW ZEALAND LIMITED' runs in a bold arc across the upper portion, flanked at the upper corners by two dark oval vignettes each inscribed 'HALF SOVEREIGN'. A green 'TEN SHILLINGS STERLING' underprint watermark-style tint occupies the centre field, above which the place and date of issue 'Wellington' appear in script, with the promise-to-pay clause in cursive lettering below; the denomination 'TEN SHILLINGS STERLING' is set in a prominent dark horizontal band across the lower centre. The printer's imprint 'Perkins Bacon & Co. Ltd. London S.E.' appears at the very foot of the note. |
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| 正面铭文 | HALF SOVEREIGN HALF SOVEREIGN THE NATIONAL BANK OF NEW ZEALAND LIMITED WELLINGTON PROMISE TO PAY THE BEARER ON DEMAND TEN SHILLINGS STERLING FOR THE NATIONAL BANK OF NEW ZEALAND LIMITED |
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The National Bank of New Zealand Limited was a privately chartered commercial bank incorporated in London in 1872, and its notes circulated as private banknotes rather than government currency — New Zealand did not establish a central bank until 1934. Perkins, Bacon & Co. had deep experience producing security documents for colonial banking institutions across the Empire, and the bank drew on that relationship throughout its note-issuing history.
By the early 1920s, private banknote issue in New Zealand was already in decline, squeezed by public preference for Treasury notes. The S306 series sits near the end of meaningful private circulation for this issuer.