New Zealand 1907–1926 - Bank of New Zealand £20 Blue Serial-Prefix Audit Specimen (Pick S194s)
The obverse presents a fully realized Edwardian composition: an engraved Māori portrait vignette rendered with anthropological precision, a coastal scene symbolizing New Zealand’s export-driven economy, and a central blue-grey guilloche medallion exclusive to the bank’s highest denomination. The reverse features an ornate frame enclosing the word POUNDS, surrounded by micro-engraved denomination clusters and anti-photographic detailing. Watermark impressions visible in transmitted light correspond to the special paper stock used only for BNZ’s top-tier issues. Read more →