50 Dollars - Elizabeth II

The 1992 Bahamas 50 Dollar note was issued as part of a commemorative series marking the quincentenary of Columbus's 1492 landfall in the Americas — the Bahamas, specifically San Salvador Island, being the accepted site of first contact. The Central Bank used the occasion to release updated high-denomination notes rather than a purely commemorative issue, meaning these entered general circulation rather than sitting in souvenir folders.

De La Rue's production for the Bahamas through this period relied on relatively conservative security for a note of this value — the watermark being the primary embedded feature, with no metallic strip in this pick number.