Watch List notes:

Reserve Bank of New Zealand, 50 pounds, ND (1940 - 1953), serial number O0 000000, red, light blue, and orange, sailing ship and waka (Maori war canoe), Captain James Cook at right centre, reverse, Tui bird at left, Mount Egmont/Taranaki at centre, (Pick 162as, TBB B109as1), black oval DLR Specimen overprint, tiny nick at lower left part of the boarder, glue on 4 corners of the paper, previously mounted, otherwise about uncirculated, strong and crispy paper, rare.

Estimate: £1,000 - £1,200