Heritage World Coin Auctions
CSNS Signature Currency Sale 4022 23 & 27 Apr 2020
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Bermuda Bermuda Government 10 Pounds 28.7.1964 Pick 22 PMG Gem Uncirculated 66 EPQ. A gorgeous high grade example of the highly desirable Queen Elizabeth II high denomination issue. Vibrant colors, excellent centering, and great embossing are present throughout. This 10 Pounds denomination was initially conceived due to inflation and the depreciation of the pound against the U.S. dollar. Bradbury Wilkinson & Company prepared 300,000 banknotes, but release was slightly delayed due to a technical issue with the security strip. Finally issued in November of 1964, this denomination was initially unpopular, but gained usefulness when the pound was devalued in 1967. However, in 1969, Bermuda announced the change from pounds to dollars in decimalized form, which would void the older banknotes. Serial numbers 000,001 to 250,000 were issued, with the final 50,000 supposedly destroyed. From the Adderley Collection https://currency.ha.com/itm/world-currency/bermuda-bermuda-government-10-pounds-2871964-pick-22-pmg-gem-uncirculated-66-epq/a/4022-28232.s?type=CoinArchivesCurrency4022 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 5600-8400 USD
Bermuda Bermuda Government 10 Pounds 28.7.1964 Pick 22 PMG Gem Uncirculated 66 EPQ. A gorgeous high grade example of the highly desirable Queen Elizabeth II high denomination issue. Vibrant colors, excellent centering, and great embossing are present throughout. This 10 Pounds denomination was initially conceived due to inflation and the depreciation of the pound against the U.S. dollar. Bradbury Wilkinson & Company prepared 300,000 banknotes, but release was slightly delayed due to a technical issue with the security strip. Finally issued in November of 1964, this denomination was initially unpopular, but gained usefulness when the pound was devalued in 1967. However, in 1969, Bermuda announced the change from pounds to dollars in decimalized form, which would void the older banknotes. Serial numbers 000,001 to 250,000 were issued, with the final 50,000 supposedly destroyed. From the Adderley Collection https://currency.ha.com/itm/world-currency/bermuda-bermuda-government-10-pounds-2871964-pick-22-pmg-gem-uncirculated-66-epq/a/4022-28232.s?type=CoinArchivesCurrency4022 HID08706262019 © 2020 Heritage Auctions | All Rights Reserved
Estimate: 5600-8400 USD