A 1929 Bank of New Zealand printer's archival specimen £100 note has hammered for £7,000 ($11,434) at Spink London.
It was the highlight of the World Banknotes sale, which took place on December 5.
 The first banknotes local to New Zealand were issued in 1934 |
Before 1967, New Zealand used the sterling system, with the first banknotes brought over on ships from Europe.
Local notes were first issued in 1934 following the establishment of a reserve bank in New Zealand in 1930.
The note is olive green on a multicoloured underprint with a portrait of Maori king Tawhiao to the right, and a Lakeland scene with two Maoris on the reverse.
It features the date of production and other annotations in ink in the margin, along with a cancellation, but is in otherwise uncirculated condition and extremely rare.
A set of hand drawn essays and trials, produced for the Anglo-Palestine Bank for emergency issue following the withdrawal of the British in 1948, made £6,500 ($10,617).
 The notes were produced after the withdrawal of the British from Palestine in 1948 |
The lot comprised 500 mils, £1, £5 and £10 notes in black and white with zero serial numbers. Each featured the signatures of Ziegfried Hoofien and Aharon Barth, directors of the Anglo-Palestine Bank at the time.
The notes were never distributed and instead most were destroyed on the arrival of the American banknote, which was issued in July, 1948.
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