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FUN Signature Currency Sale 4021 9 & 13 Jan 2020
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New Zealand Reserve Bank of New Zealand 50 Pounds 1.8.1934 Pick 157 PCGS Gold Shield Very Fine 25. The 1934 issue was only intended to circulate temporarily, and was controversial. In a rush, some of the previous designs were incorporated in the design of the ultimate issuance. In fact, due to air raids in England, plates were sent to Australia as a precautionary measure to ensure no hindrance in money supply to New Zealand. Notes printed by the Australians however, never circulated in New Zealand, and did not include the TDLR stamp on the back, instead they were later repurposed for circulation in the island nation of Fiji. On the face one notices King Tawhiao to the right, the second Maori king, from the painting by Gottfried Lindauer. To the left one sees the Kiwi, which by this stage was well known as New Zealand's national bird, and is based on the engraving by Dutch artist John Gerrard Keulemans. On the back is Mitre peak in Fiordland. This is only the third time that we have been privileged to be able to offer this variety. The last example we sold in the same grade, sold for $21,600 in 2018. The high face value of this note alone, meant that this denomination was simply not kept. Rare in any grade, and sadly missing from even the most concise New Zealand or South Pacific collections. https://currency.ha.com/itm/world-currency/new-zealand-reserve-bank-of-new-zealand-50-pounds-181934-pick-157-pcgs-gold-shield-very-fine-25/a/4021-28328.s?type=CoinArchivesCurrency4021 HID08706262019 © 2019 Heritage Auctions | All Rights Reserved
Estimate: 15000-20000 USD
New Zealand Reserve Bank of New Zealand 50 Pounds 1.8.1934 Pick 157 PCGS Gold Shield Very Fine 25. The 1934 issue was only intended to circulate temporarily, and was controversial. In a rush, some of the previous designs were incorporated in the design of the ultimate issuance. In fact, due to air raids in England, plates were sent to Australia as a precautionary measure to ensure no hindrance in money supply to New Zealand. Notes printed by the Australians however, never circulated in New Zealand, and did not include the TDLR stamp on the back, instead they were later repurposed for circulation in the island nation of Fiji. On the face one notices King Tawhiao to the right, the second Maori king, from the painting by Gottfried Lindauer. To the left one sees the Kiwi, which by this stage was well known as New Zealand's national bird, and is based on the engraving by Dutch artist John Gerrard Keulemans. On the back is Mitre peak in Fiordland. This is only the third time that we have been privileged to be able to offer this variety. The last example we sold in the same grade, sold for $21,600 in 2018. The high face value of this note alone, meant that this denomination was simply not kept. Rare in any grade, and sadly missing from even the most concise New Zealand or South Pacific collections. https://currency.ha.com/itm/world-currency/new-zealand-reserve-bank-of-new-zealand-50-pounds-181934-pick-157-pcgs-gold-shield-very-fine-25/a/4021-28328.s?type=CoinArchivesCurrency4021 HID08706262019 © 2019 Heritage Auctions | All Rights Reserved
Estimate: 15000-20000 USD