Catalog
50 Dollars - Elizabeth II
| Issuer | Bermuda Government |
|---|---|
| Year | 1970 |
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| Value | Log in to see details |
| Currency | Dollar (1970-date) |
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| Obverse description | Brown intaglio print over a multicolour guilloche underprint with black serial numbers. A portrait of Queen Elizabeth II wearing the Kokoshnik Tiara is positioned at right, facing front-left, while the coat of arms of Bermuda appears at centre flanked by floral vignettes, with additional flowers at lower right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Brown print over a yellow guilloche underprint. A vignette of Gibbs Hill Lighthouse occupies the left portion, with a map of Bermuda at upper right and the coat of arms of Bermuda at lower centre; a plain watermark panel is reserved at right. |
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| Comments |
Bermuda's 1970 issue marked the transition from the old Bermuda pound to decimal dollars, fixed at one dollar to one former shilling — a rate that required careful management given the territory's almost total dependence on tourism and offshore finance rather than a productive domestic economy. The Bermuda Monetary Authority was established specifically to oversee this changeover, making P#27 one of the earliest notes it ever issued.
De La Rue's production for this series is clean but relatively spare on security — watermark only, no security thread. Later BMA issues would add considerably more.