50 Dollars - Elizabeth II

The Bahamas gained independence in July 1973, and this note — issued the following year — belongs to the first definitive series produced under the newly established Central Bank, which had itself only been created by the Central Bank of the Bahamas Act of 1974. Thomas De La Rue handled the print run from London, as they did for the bulk of British Commonwealth transition issues during this period.

At the $50 denomination, circulation was always limited. High-value notes in small island economies tend to sit in bank vaults far longer than they circulate, and genuinely well-worn examples of P#40 are unusual for that reason.