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2 Shillings 6 Pence - George V

Issuer Bermuda Government
Year 1920
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Value 2 Shillings 6 Pence (1/8)
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Obverse description Printed in red with a green guilloche underprint and black serial numbers, the obverse centres on a left-facing portrait vignette of King George V set within typeset text. The issuer title, fractional and spelled-out denomination, legal tender clause, place of issue, date, and printer's imprint are arranged in the surrounding text field. The overall layout follows the letterpress tradition characteristic of early De La Rue colonial issues.
Obverse lettering THE GOVERNMENT OF BERMUDA TWO SHILLINGS AND SIX PENCE THIS NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT 2/6 HAMILTON 1st August 1920 RECEIVER GENERAL THOS. DE LA RUE & Co. Ltd. LONDON
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Comments

Bermuda's first government-issued fractional currency came about because of a severe coin shortage during and immediately after World War One — the island's remote supply chains made replenishing circulating silver genuinely difficult. The 2/6 denomination was an unusual choice even by emergency standards, reflecting the actual pricing conventions of the local economy rather than any tidy decimal logic.

De La Rue printed the series in London, and P#2 is notably scarce today. Bermuda's small population meant print runs were correspondingly limited, and redemption rates after the coin shortage eased were high.

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