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1 Pound - George V

Issuer Bahamas Government
Year 1919
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Printer Waterlow & Sons Limited, United Kingdom (1810-1961)
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Obverse description Printed in black with red serial numbers, the note presents a right-side vignette of a left-facing portrait bust of King George V, flanked at centre by a vignette of palm trees and a sailing ship. The text block carries the statutory promise-to-pay legend along with the designation of issuing authority, with the denomination expressed as £1 in the lower field.
Obverse lettering THE CURRENCY NOTE ACT 1919 THE BAHAMAS GOVERNMENT HEREBY PROMISES TO PAY TO THE BEARER ON DEMAND ONE POUND COLONIAL SECRETARY COMMISSIONER OF CURRENCY RECEIVER GENERAL COMMISSIONER OF CURRENCY COMMISSIONER OF CURRENCY ₤1
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Comments

Waterlow & Sons produced this note at a moment when the Bahamas Government was still operating under extremely limited fiscal infrastructure — the colonial treasury had no central bank backing it, and denominations like this one functioned as the primary instrument of government credit on the islands. The 1919 date places it in the immediate aftermath of World War One, when shipping disruptions had already strained the colony's import-dependent economy.

Waterlow's colonial work from this period is generally well-regarded for its intaglio depth, and the Bahamas issues of the era are notably scarce in circulated grades — the small population meant low print runs, and paper survival in a humid maritime climate was poor.

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