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3 Shillings and 6 Pence

Issuer New Zealand Post Office
Year 1950
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Value 3 Shillings 6 Pence (7⁄40)
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Obverse description Olive-green letterpress on white paper; denomination cartouches reading '3/6d' at each corner within decorative frames. Central panel bears the title 'NEW ZEALAND POSTAL NOTE on account of the Postmaster General' above a bold guilloche band inscribed 'THREE SHILLINGS AND SIX PENCE'. Fields for payee, postmaster signature, and postage stamp allowance notes occupy the lower portion; a circular receiving office datestamp appears at lower left.
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Reverse description Plain pinkish-white reverse, virtually unprinted, divided by fold lines into rectangular panels. A handwritten or stamped reference number appears in the centre.
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Comments

New Zealand's Post Office savings stamps and postal orders occupied an unusual administrative position — they were issued through the Post Office rather than the Reserve Bank, which placed them outside the normal currency framework entirely. The 3s 6d denomination maps to a specific postal rate of the period, almost certainly the domestic parcel or registered mail fee, which is why these were produced in such a fixed face value rather than as a round-sum money order.

Watermarking on Post Office paper instruments of this period was handled by the Government Printer in Wellington. Retention rates are poor — most were redeemed and pulped.

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