1989 New Zealand 1 Dollar Banknote – P‑169c
A Late‑Issue Paper Dollar Featuring Queen Elizabeth II & the Fantail
The 1989 New Zealand 1 Dollar banknote (Pick 169c) represents one of the final printings of New Zealand’s paper $1 denomination before it was replaced by a coin in 1991. Part of the Fourth Series (1975–1991), this note features the mature portrait of Queen Elizabeth II and celebrates New Zealand’s natural heritage with the fantail (pīwakawaka) on the reverse.
The P‑169c subtype is defined by its signature combination and belongs to the late‑1980s print run, making it a popular and affordable type note for collectors of modern New Zealand currency.
Key Features & Catalogue Details
Country: New Zealand
Issuer: Reserve Bank of New Zealand
Denomination: 1 Dollar
Year of Issue: ND 1989
Pick Number: P‑169c
Series: Fourth Series (1975–1991)
Printer: Thomas De La Rue & Co.
Material: Paper, intaglio + multicolour lithographic underprint
Dimensions: Approx. 140 × 70 mm
Watermark: Captain James Cook
Signature Variety: Late‑series signature pairing (defining the “c” subtype)
Theme: Royal portraiture + native wildlife
Design Overview
Obverse – Queen Elizabeth II
Features the mature portrait of Queen Elizabeth II, wearing the Queen Alexandra Kokoshnik tiara.
Printed in dark brown with a multicolour underprint for added security.
Clean, modern layout typical of New Zealand’s 1980s banknote design.
Reverse – Fantail (Pīwakawaka) & Clematis
Depicts the fantail, one of New Zealand’s most iconic native birds.
Accompanied by Clematis paniculata, a native flowering vine.
Strong natural history theme consistent across the Fourth Series.
Watermark
Captain James Cook, visible when held to the light — a long‑standing watermark used across multiple denominations.
Historical Context
By 1989, the $1 paper note was nearing the end of its circulation life. Rising production costs and the durability of coins led to the introduction of the $1 coin in 1991, making the P‑169c one of the last paper $1 notes ever issued.
The P‑169c subtype is part of the final signature and printing combinations before the denomination was withdrawn, giving it added historical interest.
Why Collect the P‑169c Note?
Final‑Era Issue: One of the last $1 paper notes before the denomination was discontinued.
Strong Catalogue Identity: Clearly referenced as Pick 169c.
Attractive Artwork: Combines royal portraiture with native wildlife.
Affordable & Accessible: Ideal for both new and advanced collectors.
Consistent Market Demand: A staple of modern New Zealand note collections.
