Auction Realised Prices For World Banknotes

Search for Bermuda One Pound in all categories

Date Sold	Category	Lot	Description	Sale Price
04/06/2023 Auction 181	World Banknotes	Lot 223	Bermuda One Pounds Young QE II (2) 1st May 1957 VF and 1st October 1966 About Fine (tiny tear bottom edge) More banknotes like this	£55
02/12/2019 Auction 167	World Banknotes	Lot 1675	World (26) a collection in mixed grades comprising early 1900's to modern issues from England, Scotland, Ireland, Jersey, Isle of Man, Spain, Italy, Malta, Austria, Netherlands, Finland, Biafra, Nigeria, Cuba, Bermuda, Canada and Malaysia. Includes a Scotland British Linen Bank One Pound Pick 166a (BY SC208a, PMS BL71a) First Thomas De La Rue Reduced size issue but unchanged design and very FIRST prefix for this type dated 31st March 1962 Anderson signature serial number U/3 931640, Malta 10 Shillings Pick 28a">Pick 28a L. 1967 (1968) and One Pound Pick 24b L.1949, Biafra One Pound Pick 2 serial number A/B 5231511 More banknotes like this	£130
01/09/2019 Auction 166	World Banknotes	Lot 145	Bermuda Queen Elizabeth II & King George VI issues (13) in mostly high grades comprising Government 5 Shillings Pick 8b dated 12th May 1937 serial number G/1 306488, 5 Shillings Pick 18b dated 1st May 1957 serial number X/1 188854, 10 Shillings Pick 19a dated 20th October 1952 serial number D/1 370766 and 1 Pound Pick 20b dated 1st May 1957 serial number T/1 759525. Along with Bermuda Monetary Authority issues including 50 Dollars SPECIMEN similar to Pick 32 dated 1st April 1978 (2) both prefix A/1 and punchole cancelled on serial numbers, 5 Dollars Pick 29b dated 2nd January 1981(2) serial numbers A/2 000772 & A/2 000715, 1 Dollar Pick 23a dated 6th February 1970 serial number A/1 365037, 1 Dollars Pick 28b (3) including 1st September 1979 serial number A/5 833985, 2nd January 1982 serial number A/6 002635 & 1st April 1978 serial number A/4 946131, 2 Dollars Pick 34a dated 1st October 1988 serial number B/1 000500 More banknotes like this	£280
03/06/2019 Auction 165	World Banknotes	Lot 862	Bermuda Government British Administration 1 Pound dated 2nd December 1914, serial number in red 008547, P1, PMG 25 VERY FINE. An extremely rare piece, black on green underprint with arms at left on obverse. This is the first ever 1 Pound note issued in Bermuda and the only one to be printed by the American Banknote Company, Ottawa as the following later denominations were printed by British printers, mostly Waterlow & Sons and Bradbury & Wilkinson & Co. In 1882, the local 'legal tender act' demonetized the gold doubloon, which had in effect been the real standard in Bermuda, and this left pounds, shillings, and pence as the sole legal tender. The British pound sterling then remained the official currency of Bermuda until 1970. In 1920, 5 shilling notes were introduced, followed by 10 shillings in 1927 and 5 pounds in 1941. The 5 shilling note ceased production in 1957, with 10 pound notes introduced in 1964. It was finally decided to take the action that British Honduras had already done 85 years earlier. In line with the international trend towards decimalization, Bermuda introduced a new currency in the form of a dollar that was fixed at an equal value to the US dollar. The new Bermuda dollars operated in conjunction with decimal fractional coinage, hence ending the pounds, shillings, and pence system in that colony in the year before it was ended in the United Kingdom itself. The decision to finally align with the US dollar was at least in part influenced by the devaluation of sterling in 1967 and Bermuda's increasing tendency to keep its reserves in US dollars. Although Bermuda changed to a U.S. based currency and changed the bulk of its reserves from sterling to U.S. dollars in 1970, it still nevertheless remained a member of the sterling area since at that time, the pound sterling and the US dollar had a fixed exchange rate of £1 = $2.40. The design makes it a bit of an outlier as it does not feature any royal portraits. More banknotes like this	£2,600
04/09/2016 Auction 154	World Banknotes	Lot 129	Bermuda One Pound 1966 Pick 20d V/2 346050 EF with some pinholes at the left	£40
03/06/2007 Auction 117	World Banknotes	Lot 289	Bermuda one pound dated 1st May 1957, prefix Y/1, QE2 portrait, Pick20b, without security strip, pressed, good Fine More banknotes like this	£26

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