Watch List notes:

THE NATIONAL BANK OF NEW ZEALAND LIMITED, third issue, five pounds, Wellington, 2nd January 1922, No.A09065, imprint of Perkins, Bacon & Co. Ld. London, (L.507, P.S308, Clifford 341i). Flattened of many creases and folds, 1cm hole in vertical fold , otherwise good fine and very scarce.

Ex Noble Numismatics Sale 90, April, 2009 (lot 2576).