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V21 2018 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 21, Number 10, March 11, 2018, Article 28

1894 £5 NEW ZEALAND POSTAL NOTE

This item from the New Zealand Herald highlights a rare New Zealand postal note. I had not seen one of these before. Interesting emergency currency. -Editor

1894 £5 New Zealand postal note

A rare New Zealand £5 note that came about after a banking crisis in the 1890s is estimated to sell for $17,500 at auction next week.

The 1894 £5 postal note is one of just four known to exist as trials or proofs and will go under the hammer in Wellington at Mowbray Collectables coin and banknote auction.

After the 1890s banking crisis in which the public lost confidence in banks, the Colonial Treasurer and later Prime Minister, Sir Joseph Ward, decided to issue a postal note that could double as a banknote. This note is a unique pink colour trial.

No issued notes are known to survive and none of the four known notes is in the hands of New Zealand banknote collectors.

To read the complete article, see:
Rare New Zealand postal note expected to sell for $17,500 (http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12007859)

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Wayne Homren, Editor

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