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100 Pounds Bank of New Zealand

Issuer Bank of New Zealand
Year 1929
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Reference(s) P#S240
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Obverse lettering BANK OF NEW ZEALAND INCORPORATED BY ACT OF THE GENERAL ASSEMBLY ON DEMAND WE PROMISE TO PAY TO THE BEARER ONE HUNDRED POUNDS STERLING WELLINGTON FOR THE BANK OF NEW ZEALAND
Reverse description Two Maori figures at left flank the central arms of New Zealand, with two kiwi birds at right accompanied by a palm tree and volcano in the background. The composition is executed in a formal engraved style with fine guilloche border work framing the entire design.
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Comments

The Bank of New Zealand was a private trading bank when this note was issued — the Reserve Bank of New Zealand would not exist until 1934, meaning commercial banks like BNZ retained full note-issuing authority throughout the 1920s. A £100 denomination was purely a wholesale instrument, used for interbank settlements and large commercial transfers rather than retail trade. Few of these would have crossed a shop counter.

Bradbury Wilkinson's intaglio work for colonial and dominion banking clients was technically accomplished and consistent across decades of output. The S-prefix in the Pick reference indicates this is catalogued within the private/commercial bank series — distinct from later government-issued New Zealand currency.

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