Believed to be the Columbus Somerset De Luxe. This is a 6-valve + magic eye dual-wave radio, and it is believed to be the big brother of the 705 Somerset. This is all based on advertising pictures and descriptions - actual pictures of a 708 would help clarifiy this.
Intermediate Frequency: 455kc/s
Frequency Bands: 2
General Construction Notes for Radio Corporation of New Zealand Ltd:
The first digit of the serial number typically indicates the year of manufacture of RCNZ chassis' (although not the decade - that requires a little knowledge of the valves, construction, etc). Sets from around 1934 onwards were often (but not always) constructed in a distinctive pressed 'baking pan' style chassis, seemingly unique to RCNZ.
Model codes beginning with a 0, for example the model 051, are Osram valve versions of the model without the leading 0. Technically the 0 should be an O (for Osram), however the digit 0 was used throughout the site before this fact was discovered.
The E suffix indicates a magic eye option is fitted (in models which were available with or without, such as the model 25).
A and B suffixes appear to be simply updates to the current model, R also appears to be simply an updated model ('R'edesign, perhaps?)
P indicates either a permanent magnet speaker version of a model which also came with an electromagnet speaker (the model 26 for example), or a portable model (like the model 694P). This suffix was used in the mid 50's when Radio Corp was changing over.
N and M indicated miniature valve versions of a model which started with all (or a mix, ie: model 5) of larger valves. One of these two codes may indicate a transitional mixture of octal and miniature - clarification is required.
S often indicates a stereo model. It can also indicate 'self-biased' in the transition period between back-biased and self biased sets where there were models with both methods employed (53S for example)
Finally, other suffixes and prefixes make occasional appearances in the RCNZ lineup - like the 66W (a variant of the long-running model 66) and the 75XA (a 10-valve version of the model 75 with a separate amplifier chassis).
Model nicknames are often sourced from either newspaper advertising, company literature or the NZ Radio Traders Federation official trade-in price books (Particularly Courtenay models from this publication)
In 1954, model numbering changed, to begin with the number of valves (ie: 501 - 5 valves, 1006 - 10 valves, etc) although the final 2 digits don't appear to have much significance. Middle digits of 5 (portable) or 6 (mantle, including clock radio) are used on the AWA-designed plastic-cased sets.