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100 Dollars - Elizabeth II

Issuer Central Bank of the Bahamas
Year 1984
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Shape Rectangular
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Obverse lettering THE CENTRAL BANK OF THE BAHAMAS THESE NOTES ARE LEGAL TENDER UNDER THE CENTRAL BANK OF BAHAMAS ACT 1974 FOR THE PAYMENT OF ANY AMOUNT ONE HUNDRED DOLLARS Governor $100
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Reverse lettering THE CENTRAL BANK OF THE BAHAMAS BLUE MARLIN ONE HUNDRED DOLLARS $100 FORWARD UPWARD ONWARD TOGETHER THOMAS DE LA RUE AND COMPANY LIMITED
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The P#49 is the highest denomination in the Bahamas' 1974-series signature range and was never intended for everyday commerce — at 1984 face value, a single note represented roughly a week's wages for many Bahamians. Actual circulation was minimal; the notes functioned primarily as interbank instruments and for large-scale tourism transactions in Nassau and Freeport.

De La Rue's production of this series coincided with the Bahamas' ongoing effort to project monetary credibility in a dollar-pegged economy heavily dependent on offshore banking confidence. The 1:1 peg to the US dollar, maintained since independence in 1973, made the $100 denomination particularly sensitive to questions of counterfeiting — the lone watermark as primary security now looks thin by the standards even of that decade.