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3 Dollars - Elizabeth II

Issuer Bahamas Government
Year 1965
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Value 3 Dollars
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Obverse lettering THE CURRENCY NOTE ACT 1965 THE BAHAMAS GOVERNMENT THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT THREE DOLLARS Minister for Finance Commissioner of Currency $3
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Protection type Watermark
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Comments

The $3 denomination was not an eccentric choice for the Bahamas — it was a practical one. Under the old Bahamian pound system, three dollars equated to fifteen shillings, a frequently needed sum that justified its own note rather than forcing transactions into awkward combinations. When the Bahamas converted to decimal currency in 1966, the $3 note had no equivalent and was retired almost immediately, giving this 1965 series a notably short window of legitimate use.

De La Rue printed the full 1965 government series, and the $3 is the denomination collectors most consistently struggle to locate in higher circulated grades — the denomination's utility in everyday transactions meant survivors took heavy handling.