Watch List notes:

(x) Reserve Bank of New Zealand, 10 shillings, 1 August 1934, serial number Y457321, red on green and red underprint, Maori King Tawhiao at right, Kiwi bird at left, arms at centre, value at corners, reverse red, Milford Sound at centre(Pick 154, TBB B101a), in PMG holder 35 EPQ, choice very fine, with superb quality original paper, an excellent example.

Estimate: £1,000.00 - £1,500.00