10 Dollars - Elizabeth II Modified arms

P#48 sits in a transitional stretch for Belizean currency — the modified arms design was introduced to update the coat of arms following a heraldic revision, a quiet administrative change that produced a short-lived series running only two years before subsequent printings superseded it. Thomas De La Rue had handled Belize's notes since the country adopted its dollar after independence in 1981, providing continuity of production even as the designs evolved.

The two-year window and limited print runs make this series modestly scarcer than the longer-running issues flanking it.