Description and research notes
The 1975 one-dollar note represents the third signature phase of New Zealand’s decimal currency system and bears the signature of R.L. Knight as Chief Cashier, issued within the 1975-1977 production period. Knight’s tenure marks the continuation of the decimal framework established in 1967, following the earlier Fleming and Wilks periods, and reflects the mid-1970s stabilization of New Zealand’s modern monetary system.
Printed by Thomas De La Rue & Company, London, the note follows the established design of the first decimal series. The obverse features Queen Elizabeth II in engraved portrait form, while the Captain James Cook watermark remains embedded within the paper, reinforcing continuity between New Zealand’s historical identity and its modern currency. The one-dollar denomination continued to serve as the foundation of everyday circulation throughout this period.
This example carries Serial C24111123, a fully issued production number within standard circulation output. Unlike specimen notes prepared for institutional distribution, issued notes such as this reflect the practical, large-scale production and use of the decimal series in everyday economic life.
As a Knight-signed issued note from the 1975-1977 period, it represents a later stage in the evolution of New Zealand’s decimal currency, where design, production, and circulation had reached maturity following the initial transition years.
Graded PMG 66 EPQ Gem Uncirculated, the note retains full originality, strong embossing, and sharp ink definition. The Exceptional Paper Quality designation confirms undisturbed paper structure and complete preservation, presenting a well-preserved example from the Knight signature period.