R. Tonner New Zealand Banknotes (see 125B)
BANK OF NEW ZEALAND, third issue, one hundred pounds, Wellington, 1 April 1928, No. 3961, imprint of Bradbury, Wilkinson & Co Engravers & c London, (L.450, P.S196, Clifford D381 [this note]). Ink spot on front, some creases and folds, fine, excessively rare and the only example in private hands.
Ex Gary Lavin Collection, Noble Numismatics Sale 69, lot 3033. Previously A. Halligan Collection and Noble Numismatics Sale 54 (lot 3019, The Ross Meads Collection).
Note from the collector. "It is a miracle that this note survives today given its date of 1 April 1928. One hundred pounds would have been worth a fortune at the time of printing and even more during the subsequent Depression in 1930. In 1928 New Zealand's population was only about 1.4 million. The note was found by a second-hand dealer who had purchased furniture from a deceased estate in the 1960s. The dealer put his hand down between the cushions searching for loose coins when he found an envelope containing this spectacular note which would have been lost to history but for the astute furniture dealer."
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.
View a lot by number and sale.
Lot 3022 This lot
BANK OF NEW ZEALAND, third issue, one hundred pounds, Wellington, 1 April 1928, No. 3961, ...