Watch List notes:

AUSTRALIA. Union Bank of Australia. 500 Pounds, 1867. P-Unlisted. PMG Choice Very Fine 35.
Issued at New Zealand. Third Bill of Exchange. Embossed seal at lower left of center. Allegorical female watching over harbor at top center, with an ornate design & bust at left. Payable to Samuel Edwards.

Estimate: $300 - $800