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10 Shillings National Bank of New Zealand Limited
| Issuer | National Bank of New Zealand Limited |
|---|---|
| Year | 1925-1933 |
| 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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| Printer | Perkins, Bacon & Petch (Perkins, Bacon and Co.), United Kingdom (1820-1935) |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | HALF SOVEREIGN HALF SOVEREIGN THE NATIONAL BANK OF NEW ZEALAND LIMITED INCORPORATED UNDER THE COMPANIES ACTS AND THE NEW ZEALAND ACT 1. 1873 WELLINGTON PROMISE TO PAY THE BEARER ON DEMAND TEN SHILLINGS STERLING FOR THE NATIONAL BANK OF NEW ZEALAND LIMITED |
| Reverse description | Uniface; the reverse is plain unprinted paper, showing only natural aging and paper texture consistent with the period of issue. |
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| Comments |
The National Bank of New Zealand Limited was a London-incorporated institution that operated as a private trading bank, distinct from the government's own note-issuing function. During the 1920s, New Zealand still permitted several private banks to issue their own currency — a situation that ended definitively with the Reserve Bank of New Zealand Act of 1933, which centralised issue and almost certainly cut short the lifespan of this very series.
Perkins, Bacon & Petch had refined the steel-engraving and security printing techniques originally developed by Jacob Perkins in the early nineteenth century. Their work for colonial banking clients was a significant part of the firm's business in this period.