Watch List notes:

Reserve Bank of New Zealand, replacement 5 dollars, ND (1985-89), serial number JA 848032* orange, green and yellow, Queen Elizabeth II wearing Grand Duchess Vladimir's tiara and Queen Victoria's golden jubilee necklace, Spencer Thomas Russell signature, reverse, Kowhai (Sophora microphylla) tree and tui (Prosthermadera novaeseelandiae) bird,, (Pick 171b, TBB B118b), in PCGS Currency holder, 67PPQ Superb Gem Uncirculated, very high grade.

Estimate: £30 - £40