We Buy Old Bank Notes From The Bahamas
The Bahamas Government Currency Values and Price Guide
It is not surprising that currency from The Bahamas is popular with collectors. What is surprising is how rare some relatively modern bank notes are. Our guide covers currency printed between 1870 and 1970. Below you can find more exact values for all Bahamas bank notes printed in 1919, 1930, 1936, and 1953. You have to remember that there was a long period of time when The Bahamas was just an agricultural area. It was not a tourist destination until the 1970s. Not a whole lot of paper money was needed to meet the demand back in the middle part of the 20th century and earlier. So most denominations were printed in limited quantities. A type set from 1919 to 1953 in circulated condition can be put together for less than $2,000. A high grade set would cost in excess of $10,000. Condition is very important when you are trying to determine the value of your specific bank note. Even if you aren’t looking to sell, we still encourage you to send us pictures of what you have and we can provide a free appraisal and tell you how much we can pay based on the rarity and condition of your bank note.
Public Treasury and Bahamas Government Currency
These are the earliest types of currency printed by The Bahamas Government. One pound and five pound bank notes were issued. They can be dated as 4th November 1868 or 1869. Other dates include 1st February 1869 and 2nd January 1869. These are rare to the point that we didn't even include pictures in our guide. Needless to say, should you be lucky enough to have one of these, we would certainly like to hear about it.
The Bank of Nassau Currency (1870s - 1916)
These are the first bank notes from The Bahamas that one can consider collectible. You can click the image below if you would like more information. Most of what you are going to find today are specimens or unissued remainders. Currency denominated as four shillings, five shillings, ten shillings, and one pound was all issued by The Bank of Nassau. Issue dates include 28th January 1897, 3rd April 1902, 11th May 1906, 22nd October 1910, 19th March 1913, and 21st January 1916. Values vary based on the condition and denomination.
The Currency Note Act of 1919 Bank Notes
There are two different styles of currency dated as 1919. We are looking at the first variety. These show a donkey cart and a sailing ship. Four shillings, ten shillings, and one pound bank notes were issued by The Bahamas Government. These are the first notes that most collectors would consider to be modern. All of the serial numbers and signatures were printed instead of applied by hand. Click on a note below for more value information.
1919 Bahamas Bank Notes with George V
These Bahamas bank notes sometimes confuse collectors because each note says 1919. These actually were first issued in 1930. That is why the portrait of King George V is on each bill. Three denominations were printed for this design type and the ten shillings note is considered the key to completing a collection of modern Bahamas paper money set. All denominations are tough to locate in uncirculated condition.
1936 Bahamas Bank Notes with George VI
King George VI was crowned in 1936, so that meant that currency from The Bahamas had to be redesigned. So the new King replaced his father on the face of all four shillings, ten shillings, and one pound bank notes. The Currency Note Act of 1936 also allowed for a five pound denomination. Some five pounds bank notes are very rare. All other notes are readily available in all grades, but that doesn't mean that they are always cheap. Some notes can be worth hundreds of dollars.
1936 Bahamas Bank Notes with Queen Elizabeth II
These notes are also a little bit tricky. The engraved date says 1936, but these bank notes were not issued until 1953. This time Queen Elizabeth II replaced her father as the central image on each of these bank notes. A simple rule here is that the higher the denomination, and the higher the grade, the more money your note will be worth. So five pound notes in perfect condition are scarce. Low grade four shillings notes are very common.
1965 & 1968 Bahamas Bank Notes
We don't specifically have a guide for paper money from The Bahamas dating to 1965 or 1968. However, these bank notes are definitely still collectible, especially high denominations and high grade notes. Don't hesitate to contact us if you have something from this time period.