Watch List notes:

THE BANK OF AUSTRALASIA, first issue, one pound, here (Auckland) or Wellington (written in), 1st June 1874, No.A10323, imprint of Perkins, Bacon & Co. London, Patent Hardened Steel Plate, (L.401, P.S111b, Clifford B120). Light folds and corner crease, otherwise nearly very fine and excessively rare, the earliest known issued note from this bank and the only one known of this type.

Ex Noble Numismatics Sale 69, March, 2002, (lot 3025) and Sale 54, July, 1997, (lot 2994,The Ross Meads Collection) and previously Pacific Coin Company Ltd., 1991.