Watch List notes:

BANKNOTES, 紙鈔, NEW ZEALAND 紐西蘭, Bank of New Zealand: Uniface £1 Trial, ND (18--), Auckland, no serial number or signatures, black on yellow underprint, bearded men to left and right, sheep and other farm animals in top border, kiwi in lower border, printed by Bradbury, Wilkinson & Co, "22" pencil annotation in top right corner (see P S201). Good extremely fine and extremely rare.

Estimate: US$2,000-3,000