4 Shillings

The Bahamas Government issued this 4 Shilling note under wartime financial pressure — the denomination itself is unusual, chosen to align with the US dollar at the then-current exchange rate of roughly one dollar to four shillings, facilitating transactions with American visitors and merchants at a time when US currency was increasingly the practical tender of choice throughout the Caribbean.

The Canadian Bank Note Company in Ottawa printed the series. P#2 is scarce in any grade; the small population of the islands and limited printing runs kept quantities low, and tropical humidity has destroyed a disproportionate share of survivors.