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| 正面描述 | The Royal Arms vignette is engraved at upper centre, flanked by circular bank seal medallions bearing the monogram 'NB' at left and right, all printed in blue intaglio by Perkins, Bacon & Co. The bank title 'THE NATIONAL BANK OF NEW ZEALAND, LIMITED' arcs above the arms, with denomination numerals '£5' in circular guilloche panels at the upper corners. The promise-to-pay text occupies the central field over a fine guilloche underprint, with the word 'FIVE' set in an ornate cartouche at lower left; the note is uniface. |
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| 正面铭文 | £5 £5 THE NATIONAL BANK OF NEW ZEALAND, LIMITED DUNEDIN WE PROMISE TO PAY THE BEARER ON DEMAND FIVE POUNDS STERLING FOR THE NATIONAL BANK OF NEW ZEALAND, LIMITED FIVE MANAGER Perkins Bacon & C° London |
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The National Bank of New Zealand Limited was a London-incorporated institution, not a colonial government bank — a distinction that mattered enormously in the 1870s, when public confidence in private note issuers was fragile and several New Zealand trading banks had already failed. Perkins, Bacon & Co. were the natural choice for a bank seeking to project credibility: their reputation for intaglio security work was built on decades of producing postage stamps and banknotes across the empire.
New Zealand's Banking Act of 1867 had imposed strict requirements on private note circulation, and the window for this series closed when the government progressively tightened restrictions through the late 1870s. Few examples from this issuer survive in any grade.