Watch List notes:

(x) Reserve Bank of New Zealand, 10 shillings, 1 August 1934, serial number Z616348, 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 45 EPQ, choice extremely fine, an exceptional example of a very scarce note.

Estimate: £1,500.00 - £2,000.00