Watch List notes:

The Union Bank of Australia Limited, fifth issue, one pound, Wellington, 1st March 1905, 3/N 718377, imprint of Waterlow & Sons Ld. London (P.S362b; Clifford N521a). Many minor creases and folds, otherwise fine and very rare.

Ex Noble Numimatics Sale 78B (lot 3160), W.H.Lampard Collection (private purchase from Peter Eccles, Auckland) and Warren Palmer Collection.
($1800-2000)