Watch List notes:

Reserve Bank of New Zealand, specimen $100, ND (1981-89), serial number YAA 000000, red, green, and yellow, Queen Elizabeth II wearing Grand Duchess Vladimir's tiara and Queen Victoria's golden jubilee necklace at left, H.R. Hardie signature, reverse, mountain daisy/pekapeka, (Pick 175s, TBB B122as), two vertical SPECIMEN perforations, three horizontal red SPECIMEN overprints, uncirculated, scarce.

Estimate: £500 - £600