THE CENTRAL BANK OF THE BAHAMAS THESE NOTES ARE LEGAL TENDER UNDER THE CENTRAL BANK OF THE BAHAMAS ACT 1974 FOR THE PAYMENT OF ANY AMOUNT ONE HUNDRED DOLLARS Governor $100
The Bahamas gained independence in July 1973, and this 1974 issue was among the first notes released under the newly established Central Bank — itself only created by the Central Bank of the Bahamas Act of 1974. At the $100 level, this was a high-value instrument for a small island economy heavily dependent on tourism and offshore banking, neither of which generated much demand for large-denomination paper in everyday hands.
De La Rue's watermark security on this series was relatively minimal by the standards of the era. Surviving examples in any grade above Fine are genuinely uncommon — the $100 saw limited circulation by design, but institutional handling and tropical humidity took a toll on stored stock.
The Bahamas gained independence in July 1973, and this 1974 issue was among the first notes released under the newly established Central Bank — itself only created by the Central Bank of the Bahamas Act of 1974. At the $100 level, this was a high-value instrument for a small island economy heavily dependent on tourism and offshore banking, neither of which generated much demand for large-denomination paper in everyday hands.
De La Rue's watermark security on this series was relatively minimal by the standards of the era. Surviving examples in any grade above Fine are genuinely uncommon — the $100 saw limited circulation by design, but institutional handling and tropical humidity took a toll on stored stock.