New Zealand Banknotes

Sale 112    25–28 Jul 2016   Dixson Room, State Library of NSW   Sydney

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Lot 4374    Session 16 (4:30pm Thursday 28th July)    New Zealand Banknotes

Estimate $25,000
Bid at live.noble.com.au
SOLD $25,000

RESERVE BANK OF NEW ZEALAND, L.Lefeaux, one pound, 1st August 1934, A 000001 (P.155). Attached by the edges to a cardboard frame with an inscription 'To the Rt. Hon. J.G.Coates/With the compliments of the Board of Directors of the Reserve Bank of New Zealand/August 1st 1934'. Minor foxing and some fading having been in a frame on the wall of the family home, otherwise extremely fine and a unique number one note.

Presented to Joseph Gordon Coates, (Minister of Finance from January 1933 to November 1935) and Chairman of the Designs Committee. A previous Prime Minister (1925-28), he was instrumental in passing the Reserve Bank of New Zealand Act in 1933 which established the Central Bank.

Estimate / sale price does not include buyer's premium (currently 22% including GST) which is added to hammer price. All bids are executed on the understanding that the Terms & Conditions of sale have been read and accepted. For information on grading and estimates please refer to the Buying at Auction advice.

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Adjacent lots

  • Lot 4372  

    POSTAL NOTE, for five shillings, poundage three pence, F 396712, postmarked 'Masterton N.Z. / 29 ...

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  • Lot 4373  

    RESERVE BANK OF NEW ZEALAND, L.Lefeaux, 1st August 1934, ten shillings, Y 803026 (P.154). Two ...

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  • Lot 4374   This lot

    RESERVE BANK OF NEW ZEALAND, L.Lefeaux, one pound, 1st August 1934, A 000001 (P.155). Attached ...

    Estimate $25,000

  • Lot 4375  

    RESERVE BANK OF NEW ZEALAND, L.Lefeaux, 1st August 1934, one pound, 7C 388487 (P.155). Light ...

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  • Lot 4376  

    RESERVE BANK OF NEW ZEALAND, one pound, L.Lefeaux, 1st August 1934, 5B 678157, 10B 498557 ...

    Estimate $140