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100 Pounds Bank of New Zealand
| Issuer | Bank of New Zealand |
|---|---|
| Year | 1929 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait vignette of Maori King Tawhiao at right, rendered in fine intaglio engraving against a green guilloche underprint. The bank title 'BANK OF NEW ZEALAND' appears in ornate Gothic lettering across the upper portion, with the denomination 'ONE HUNDRED POUNDS STERLING' set in bold letterpress across the centre. The lower left corner bears the date and place of issue 'Wellington, 1st day of October 1929', with signature lines for the Manager to the right. |
|---|---|
| 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 |
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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.