Watch List notes:

Union Bank of Australia Limited, New Zealand, 10 shillings, Wellington, 1 October 1923, serial number 2/N 379198, orange and pale green, Britannia seated top centre, the Chalon portrait of Queen Victoria low left, two manuscript signatures below, black TEN SHILLINGS in margins, reverse orange-brown, arms and value(Pick S371a, Robb M81 for type), very good but presentable enough and scarce.

Estimate: £350 - £400