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20 Dollars - Elizabeth II

Issuer Bahamas Monetary Authority
Year 1968
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Currency Dollar (1966-date)
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Obverse description Dark brown intaglio print over yellow and light green guilloche underprint, with black serial numbers. At left, a portrait vignette of Queen Elizabeth II in bust view, head turned right, wearing the George IV State Diadem. The watermark zone is reserved at right.
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Protection type Watermark
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Comments

The Bahamas Monetary Authority was itself a transitional institution — created in 1968 to manage currency after the dissolution of the Board of Commissioners of Currency, but replaced just six years later when the Central Bank of the Bahamas was established in 1974. This note belongs entirely to that brief interregnum period, and the Authority's name on the face is the clearest indicator of issue date range for the entire series.

De La Rue printed the full run in London. P#31 is among the higher denominations of the 1968 series and saw comparatively limited circulation, which makes heavily used examples the more interesting find — proof the note actually moved through commerce rather than sitting in bank vaults.