Watch List notes:

(x) Reserve Bank of New Zealand, an obverse and reverse composite essay for a £50, Nd (1963), zero serial numbers, red and multicolour, bust of Captain Cook at right, arms at lower left, reverse, mountain range at left,, (unrecorded in Pick and BNB), in PMG holders 64 choice uncirculated, unique and a lovely design (2).

Estimate: £8,000 - £8,500