Watch List notes:

Reserve Bank of New Zealand, £50, ND (1964), serial number R 199110, red, light blue and orange, coat of arms, sailing ship and Maori war canoe at left, Captain James Cook at right, Fleming signature, reverse, Tui bird at left, Mount Egmont with grazing cows at centre,(Pick 162e, TBB B109e), uncirculated and very rare especially issued and in this grade.

Estimate: £3,000 - £4,000