Heritage World Coin Auctions
Long Beach Signature Currency Sale 4015 5 & 9 Sep 2019
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Bahamas Bahamas Government 50 Dollars 1965 Pick 24a PCGS Gem New 66PPQ. For British Commonwealth collectors and enthusiasts, the 1965 Bahamas series is one of the most prized. The engravings are beautiful, the portrait of Queen Elizabeth II is stately, and rarity of the highest denominations keeps the hunt alive to complete this series. The $50 denomination has been a key denomination from its inception to the present day. Interestingly, the old Bahamas sterling series ended with a 5 Pound note, which was redeemable for about $15 in this new series, and the old and new currency schemes circulated simultaneously for 6 months in 1966. The scarcity of the $20, $50, and $100 denominations is easy to imagine, as these notes represented substantial buying power in a country where, frankly, only a small percentage of the population could afford to hold such capital in banknotes. Thankfully for this $50, a examples were saved for collectors to enjoy today. This specific example is the plate note for the Bahamas chapter of The Banknote Book. An important QEII note that is seldom seen in any grade. The "A" prefix was used in the 1965, 1968, and 1974 series of $50 notes, which indicates how few of each were actually printed and introduced into circulation. Simply, a superb banknote, especially in this elite grade. https://currency.ha.com/itm/world-currency/bahamas-bahamas-government-50-dollars-1965-pick-24a-pcgs-gem-new-66ppq/a/4015-28221.s?type=CoinArchivesCurrency4015 HID08706262019 © 2019 Heritage Auctions | All Rights Reserved
Estimate: 8000-10000 USD
Bahamas Bahamas Government 50 Dollars 1965 Pick 24a PCGS Gem New 66PPQ. For British Commonwealth collectors and enthusiasts, the 1965 Bahamas series is one of the most prized. The engravings are beautiful, the portrait of Queen Elizabeth II is stately, and rarity of the highest denominations keeps the hunt alive to complete this series. The $50 denomination has been a key denomination from its inception to the present day. Interestingly, the old Bahamas sterling series ended with a 5 Pound note, which was redeemable for about $15 in this new series, and the old and new currency schemes circulated simultaneously for 6 months in 1966. The scarcity of the $20, $50, and $100 denominations is easy to imagine, as these notes represented substantial buying power in a country where, frankly, only a small percentage of the population could afford to hold such capital in banknotes. Thankfully for this $50, a examples were saved for collectors to enjoy today. This specific example is the plate note for the Bahamas chapter of The Banknote Book. An important QEII note that is seldom seen in any grade. The "A" prefix was used in the 1965, 1968, and 1974 series of $50 notes, which indicates how few of each were actually printed and introduced into circulation. Simply, a superb banknote, especially in this elite grade. https://currency.ha.com/itm/world-currency/bahamas-bahamas-government-50-dollars-1965-pick-24a-pcgs-gem-new-66ppq/a/4015-28221.s?type=CoinArchivesCurrency4015 HID08706262019 © 2019 Heritage Auctions | All Rights Reserved
Estimate: 8000-10000 USD