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5 Dollars Colonial Bank - King Edward VII

Issuer Colonial Bank
Year 1907
Type Standard circulation banknote
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Obverse description Black letterpress on beige underprint; the legend COLONIAL BANK is reversed out in white within a large curved band across the centre of the note. The British Royal Coat of Arms occupies the top centre, flanked on both sides by the branch designation ISSUED AT GRENADA BRANCH printed diagonally in black. The text of the promise to pay, denomination figures, and place of issue BARBADOS / BRIDGETOWN appear in the surrounding typeset inscriptions.
Obverse lettering COLONIAL BANK $5 ISSUED AT GRENADA BRANCH $5 WE PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF FIVE DOLLARS BRIDGETOWN BY ORDER OF THE COURT OF DIRECTORS OF THE COLONIAL BANK FIVE DOLLARS BARBADOS
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The Colonial Bank was a British overseas institution operating across the Caribbean, with its principal offices in Bridgetown, Barbados. By 1907, the bank was already in decline — it would be absorbed into Barclays Bank (Dominion, Colonial and Overseas) in 1925 along with several other imperial banking concerns, effectively ending its independent note-issuing life.

Perkins, Bacon & Petch were the engravers of choice for colonial currency throughout the nineteenth and early twentieth centuries, responsible for many of the Caribbean's most carefully produced private bank issues. The S111 designation places this squarely among the scarcer colonial private bank notes of the anglophone Caribbean — surviving issued examples are genuinely uncommon.

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