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Auction: 391 - World Banknotes at NY INC
Lot: 23

Government of the Bahamas, £1, 1936 (ND 1963), serial number A/5 096404, in 1953, the Bahamas marked a historic moment by issuing a series of banknotes featuring a portrait of Queen Elizabeth II. This departed from previous notes which featured the likeness of King George VI, symbolising a pivotal shift in the representation of the monarchy on Bahamian currency. The issuance of these notes was made possible under the Currency Note Act of 1936, highlighting the enduring ties between the Bahamas and Great Britain.
During the time of Queen Elizabeth II's coronation, the Bahamas, as a British Crown Colony, maintained a close relationship with Great Britain. The decision to feature Queen Elizabeth II's portrait on the banknotes underscored the enduring connection between the Bahamas and Great Britain, emphasising their shared history and allegiance to the British monarchy. The presence of Queen Elizabeth II on the currency reflected the Bahamas' recognition of the reigning monarch as the symbolic head of state, a sentiment that echoed the leadership and governance in the Bahamas under British colonial influence.
This £1 note belongs to the inaugural series with Queen Elizabeth II's portrait. This particular note, with the serial number A/5 096404 and the signatures of Higgs/Sweeting/Roberts, was introduced in 1963. Graded by PMG as 66 EPQ Gem Uncirculated, it holds a prestigious and sought-after grade within its type, with only a single banknote currently graded higher
(Pick 15d, BNB 114), in PMG holder 66 EPQ Gem Uncirculated, only 1 note graded higher by PMG

Estimate
£500 to £800

Starting price
£500