1 Pound

The Turks and Caicos Islands had no local bank of issue in 1928 — currency authority rested directly with the colonial government, which is why these notes carry a government rather than a banking institution imprint. De La Rue produced the plates in London, as they did for dozens of British colonial territories during this period, but actual circulation in the islands was thin; the economy ran heavily on the salt trade, and hard currency from the Bahamas and the United States moved through the territory more freely than locally issued paper.

Pick 3 is scarce. The issuing period was short, quantities were small, and salt-trade communities had little incentive to preserve banknotes over coin.