New Zealand Banknotes
Lot 2694 Session 9 (4.30pm Wednesday) New Zealand Banknotes
Estimate $50,000
Bid at live.noble.com.au
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.
This and the previous lot bring together the only number one notes known for the first time in history.
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 2692
THE UNION BANK OF AUSTRALIA LIMITED, five pounds, Wellington, 1st October 1923 (date printed), 'Specimen/Waterlow ...
Estimate $2,500
Lot 2693
RESERVE BANK OF NEW ZEALAND, L.Lefeaux, 1st August 1934, ten shillings, letter only, Z000001 (P.154; ...
Estimate $75,000
Lot 2694 This lot
RESERVE BANK OF NEW ZEALAND, L.Lefeaux, one pound, 1st August 1934, A 000001 (P.155). Attached ...
Estimate $50,000
Lot 2695
RESERVE BANK OF NEW ZEALAND, L.Lefeaux, 1st August 1934, ten shillings, 1Z 525015 (P.154). Good ...
Estimate $650
Lot 2696
RESERVE BANK OF NEW ZEALAND, L.Lefeaux, 1st August 1934, one pound, 9C 433397 and D ...
Estimate $100