Watch List notes:

Union Bank of Australia, New Zealand, a Perkins Bacon proof on card for a £1, Wellington, 1 January 1903, black and white, the Chalon portrait of Queen Victoria top left, Britannia and symbols of commerce in oval frame at centre, arms low right(Pick S356 for type), pencil annotation 'March 5th 1903' at centre, perforated, almost extremely fine and rare, faint black SPECIMEN handstamp, good very fine, rare.

Estimate: £400 - £600