1 Dollar New Zealand Note
Introduction
The 1 dollar New Zealand note was a denomination of New Zealand currency that was introduced in 1967 and was in circulation until 1992. It was one of the lowest denominations of New Zealand banknotes and was replaced by a coin in 1992.
Design
The 1 dollar note featured a portrait of Queen Elizabeth II on the obverse (front side) and an image of a kiwi, New Zealand's national symbol, on the reverse (back side). The note was printed on paper and had a distinctive watermark of the kiwi.
Security Features
The 1 dollar note had several security features to prevent counterfeiting, including:
- Watermark: A transparent watermark of the kiwi appeared when the note was held up to light.
- Security Thread: A thin, embedded thread that glowed pink when held under UV light.
- Microprinting: Tiny text that was difficult to read with the naked eye.
Replacement by Coin
In 1992, the 1 dollar note was replaced by a coin as part of a broader overhaul of New Zealand's currency. The decision to replace the note with a coin was made to reduce costs and increase the durability of the currency.
Collectibility
Today, the 1 dollar New Zealand note is a collector's item and is sought after by numismatists and collectors of New Zealand memorabilia. Uncirculated notes in good condition can fetch high prices at auction.
Conclusion
The 1 dollar New Zealand note was an important part of New Zealand's currency for over 25 years. Its replacement by a coin marked a significant change in the country's currency, and today it is a sought-after collector's item.
