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20 Dollars - Elizabeth II

Issuer Bahamas Monetary Authority
Year 1968
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Composition Paper
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Obverse lettering BAHAMAS MONETARY AUTHORITY ESTABLISHED BY THE BAHAMAS GOVERNMENT 1968 THESE NOTES ARE LEGAL TENDER UNDER THE BAHAMAS MONETARY AUTHORITY ACT 1968 FOR THE PAYMENT OF ANY AMOUNT TWENTY DOLLARS Chairman Manager $20
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Reverse lettering BAHAMAS MONETARY AUTHORITY TWENTY DOLLARS SURREY $20 EXPULSIS PIRATIS RESTITUTA COMMERCIA THOMAS DE LA RUE & COMPANY. LIMITED.
(Translation: Pirates expelled, commerce restored.)
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Comments

The Bahamas Monetary Authority was itself a transitional institution — created in 1968 to manage currency after the dissolution of the Board of Commissioners of Currency, but replaced just six years later when the Central Bank of the Bahamas was established in 1974. This note belongs entirely to that brief interregnum period, and the Authority's name on the face is the clearest indicator of issue date range for the entire series.

De La Rue printed the full run in London. P#31 is among the higher denominations of the 1968 series and saw comparatively limited circulation, which makes heavily used examples the more interesting find — proof the note actually moved through commerce rather than sitting in bank vaults.

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