10 Shillings

Bermuda's immediate postwar currency remained the responsibility of the colonial government rather than any banking institution — an arrangement that persisted well into the 1970s. The 1947 date places this note in the first postwar printing run, issued as the island's economy readjusted from wartime requisitioning by Allied forces, which had dramatically distorted local commerce and currency circulation since 1941.

Bradbury, Wilkinson produced the series from their New Malden facility, which by this period had decades of Crown Colony currency work behind them. The watermark is the sole mechanical security feature — no thread, no fluorescent elements.