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5 Shillings - George V

Issuer Bermuda Government
Year 1920-1935
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Value 5 Shillings (1/4)
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Reverse description Brown print on plain paper, with a central vignette of a sailing ship under full sail. The denomination is stated in text and numeral form, flanked by decorative guilloche elements.
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Protection type Watermark
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Comments

Bermuda's earliest government notes were authorized under the Bermuda Paper Money Act of 1914, but the 5 Shillings took several years to actually reach circulation — the island's small economy and heavy reliance on sterling coin meant demand for low-denomination paper was genuinely limited. De La Rue produced the plates in London, as they did for much of Britain's colonial currency apparatus during this period.

The fifteen-year date span on this type reflects reissue across multiple printings rather than a single continuous run. Serial letter prefixes help distinguish the earlier from later issues, and the range matters to specialists because paper quality varied noticeably between them.