Until the Reserve Bank of New Zealand was created in 1934, New Zealand's "Trading Banks" issued their own notes. The Bank of New Zealand, still in operation today as BNZ, was the largest of these banks. Other banks, such as the Bank of Australasia and the Union Bank of Australia, merged to become ANZ. The Commercial Bank of Australia and the Bank of New South Wales merged to form Westpac.

Banknotes issued by these banks were available in various denominations, with the largest in circulation being 100 Pounds. One such note, the Aventine BNZ £100, was previously owned by Falconer Larkworthy, the BNZ's managing director, as well as for the New Zealand Loan and Mercantile Agency Company.

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1929 Bank of New Zealand Specimen £100

Bank of New Zealand. 1929 Uniform Issue I One Hundred Pounds. Wellington domicile. Clifford D881s.   The Bank of New Zealand's One Hundred Pounds holds a unique place in New Zealand’s...
$18,500.00 NZD $14,500.00 NZD
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1917 Bank of New Zealand One Pound

Bank of New Zealand. 1917 Seventh Issue One Pound. Wellington domicile. Clifford D721
$2,000.00 NZD
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1918 Bank of New Zealand One Pound

Bank of New Zealand. 1918 Seventh Issue One Pound. Wellington domicile. Ex Spink Sale 17008. Clifford D721
$3,000.00 NZD
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1920 Union Bank of Australia Ten Shillings

Union Bank of Australia. 1920 Fifth Issue Ten Shillings. With a triangular cancellation stamp. Clifford N511
$1,000.00 NZD
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1916 Bank of New Zealand One Pound

Bank of New Zealand. 1916 Seventh Issue One Pound. Wellington domicile. Clifford D721
$1,500.00 NZD
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1960-1 Western Samoa Treasury One Pound

Territory of Western Samoa. 1960-1 Treasury Issue One Pound. P#11a Officially Certified & Graded PMG VF30
$2,500.00 NZD
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189(00) Bank of New Zealand One Pound

Bank of New Zealand. 189(00) Fifth Issue One Pound. Wellington domicile. Creases and folds with a small hole in the centre, two pinholes. Clifford D521
$7,800.00 NZD
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1889 Colonial Bank of New Zealand One Pound

Colonial Bank of New Zealand. 1889 One Pound. Dunedin domicile. S/Z. 294563. Usual handling wear, vertical central fold, but otherwise intact. Only two issued notes in private hands. Ex W.D....
$8,000.00 NZD