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1 Pound

Issuer Bank of Nassau
Year 1906
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Value 1 Pound
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Obverse description Printed entirely in black on white paper. A vignette of a sailing ship within an oval seal appears at the left, while a bust portrait of a man facing right is positioned at the right. The central text block carries the bank name and promise-to-pay legend, with the denomination ONE POUND stated in large letterpress text at the foot of the note. The overall layout is framed by a decorative border with fine geometric ornamental work.
Obverse lettering ONE POUND SECURED BY APPROVED GOVERNMENT SECURITIES OR COIN DEPOSITED WITH THE RECEIVER GENERAL & TREASURER THE BANK OF NASSAU HEREBY PROMISES TO PAY TO BEARER ON DEMAND THE SUM ONE POUND
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Comments

The Bank of Nassau operated in the Bahamas under British colonial oversight, and its pound-denominated notes occupied an awkward monetary position — the Bahamas used sterling-based currency but remained economically tethered to both the British West Indies and the American dollar trade. By 1906, Nassau's commercial banking infrastructure was thin enough that individual note issues carried real weight in daily commerce rather than functioning as marginal supplements to coin.

P#A8A is among the scarcer catalogued entries for this issuer. The "Black" designation in the series name refers to the dominant ink color, a naming convention used to distinguish this issue from chromatic variants within the same denomination run.

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