Watch List notes:

BANK OF NEW ZEALAND, uniform issue, specimen ten shillings, Wellington, 1st October 1924, No. L000,000 / 500,001, perforated cancelled, £1/2 in corners, imprint of Bradbury Wilkinson & Co Ld, New Malden, Surrey, inked top margin 0/7236 30.1.25. (L465, P.S231, Clifford D811a). Nearly uncirculated and very rare.

Ex Spink London Sale 13018, lot 1166.