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5 Pounds National Bank
| Issuer | National Bank Limited |
|---|---|
| Year | 1922-1926 |
| Type | Log in to see details |
| Value | 5 Pounds (5 Puint) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | The National Bank Limited Unlimited for Note Issue I Promise to pay the Bearer on Demand Five Pounds at Dublin For the Directors and Company |
| Reverse description | The reverse is dominated by a large central oval guilloche medallion enclosing the bank's heraldic arms, set within an elaborate engine-turned surround of interlocking floral and foliate patterns. Denomination indicators £5 appear at left and right within the ornamental border. The overall design is printed in brown on plain paper. |
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| Comments |
National Bank Limited was one of the three private trading banks authorized to issue notes in New Zealand before the Reserve Bank Act of 1933 ended private currency issue entirely. The 1922–1926 dating on this series reflects a print run that bridged a period of considerable agricultural deflation in New Zealand — wool and meat prices collapsed sharply after 1921, and rural bank customers were under serious strain through much of this note's active life.
Pick 226B distinguishes a specific signature combination within the series. Collector interest in these National Bank issues tends to concentrate on signature varieties precisely because the bank changed signatories more than once during the early 1920s.