Watch List notes:

BANK OF NEW ZEALAND, seventh issue, specimen five pounds, Wellington 1st day of April 1924, discordant serial numbers 920001/A020000 (L.461, P.S227, Clifford D741), perforated cancelled on signature reserve, inked 0/5791, 12.12.23 top left margin, No 4 issue on back. Nearly uncirculated and very rare.

Ex Noble Numismatics Sale 82, July, 2006, (lot 2312).