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5 Dollars Colonial Bank

Issuer Colonial Bank
Year 1901-1903
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Currency Dollar (1822-1964)
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Obverse description Black on orange underprint. The royal arms vignette occupies the upper centre, flanked on either side by oval medallions bearing the numeral '5'. A promise-to-pay legend in script runs across the central field, with 'PORT OF SPAIN' and the date printed below, while 'TRINIDAD' appears in large capitals along the lower border; serial numbers are positioned at upper left and right.
Obverse lettering COLONIAL BANK WE PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF FIVE DOLLARS PORT OF SPAIN BY ORDER OF THE COURT OF DIRECTORS OF THE COLONIAL BANK FIVE TRINIDAD
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The Colonial Bank was a British overseas institution chartered in 1836, operating across the British West Indies and British Guiana. By the time this note was issued, the bank was already in the late stages of its independence — Barclays absorbed it in 1925 as part of the formation of Barclays Bank (Dominion, Colonial and Overseas).

Perkins, Bacon & Petch were the dominant security printers for colonial currency in this period, their intaglio work being considered difficult to counterfeit in territories with limited sophisticated printing infrastructure. The P#S120 designation places this in the private/commercial bank issues rather than government colonial currency.