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1 Dollar - Elizabeth II

Issuer Bahamas Government
Year 1965
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Composition Cotton paper
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Obverse description Green intaglio print over a yellow guilloche underprint, with black serial numbers. A portrait vignette of Queen Elizabeth II occupies the left field, the Queen shown in three-quarter bust facing right and wearing the George IV State Diadem. The watermark zone is reserved at the right margin.
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Reverse lettering THE BAHAMAS GOVERNMENT ONE DOLLAR SEA GARDEN $1 EXPULSIS PIRATIS RESTITUTA COMMERCIA THOMAS DE LA RUE & COMPANY. LIMITED.
(Translation: Pirates expelled, commerce restored.)
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Comments

The Bahamas Government issued this series while still a British colony, just two years before the introduction of the Bahamian dollar as an independent decimal currency in 1966. That transition — driven in part by pressure to abandon the pounds-shillings-pence system ahead of anticipated independence — made this 1965 series short-lived almost by design. Notes signed by both the Sands/Higgs and the Francis/Higgs/Smiley-Butler combinations exist within the same pick number, reflecting mid-run changes in the Treasury's signing officers rather than separate printings.

De La Rue's watermark security on this issue is a simple counterfeiting deterrent by the standards of the period; the colonial administration never anticipated the note circulating long enough to justify more elaborate measures.