New Zealand 1913 - Bank of New Zealand £5 Orange Multi-Serial Approval Specimen (Pick S192ms)
Multi-serial approval specimens were retained at the beginning of a production run and preserved exclusively for archival inspection. Unlike standard zero-serial file specimens, these pieces document live numbering behavior and plate stability under operational conditions. As a result, they were produced in far smaller quantities and were far more likely to be destroyed during later file reductions. Read more →