Lot 3357

Description

Reserve Bank of New Zealand, R.N.Fleming (1956-67), fifty pounds, R 109667 (P.162c). A 5mm and a 2mm tear in top margin, two pin holes in body, otherwise nearly very fine and very rare, being from the circulating series of numbers.

According to Scott de Young, this example is one of only 13 issued notes known in the circulating numbers range. One of the 13 recorded examples is in the Reserve Bank's own collection, leaving only 12 in private hands. Later issued notes in the serial number range 199,001 to 200,000 are generally remainders, sold off over the years since the decimal changeover by the Reserve Bank of New Zealand.