Watch List notes:

Reserve Bank of New Zealand, a set of obverse and reverse progressive proofs for the $5 (6), ND (1981), comprising litho obverse 1st working, blue-green, litho obverse 2nd working, orange and pink, litho obverse 3rd working, brown and multicoloured; 4th working pink and multicoloured, also litho reverse 2nd working, yellow-orange, litho 3rd working, olive, all printed on paper with watermark of Captain James Cook
(Pick 171-progressive proofs, TB B118ap for type), about uncirculated, extremely rare and only about five sets believed extant (6 notes)