Bermuda Government 1952-1966 young H.M. Queen Elizabeth II portrait and the last of the Pound system issues (3) all in original fresh and crisp GVF comprising 5 Shillings Pick 18b dated 1st May 1957 serial number Y/1 289604 in brown on multicolour featuring illustration of Hamilton harbour. 10 Shillings Pick 19c dated 1st October 1966 serial number V/1 975700 in red on multicolour underprint featuring Gates Fort, St. George's illustration. 1 Pound Pick 20d dated 1st October 1966 serial number V/2 330792 in blue on multicolour underprint featuring an illustration of Somerset Bridge at left, the world's smallest operating drawbridge. An interesting 2 portrait styles issue where the lower denominations only feature an uncrowned profile portrait whilst the 1 Pound and higher feature a crowned 3/4 facing portrait of H.M. the Queen. The reverses all feature the denomination and a large United Kingdom Royal Coat of Arms at centre. A very attractive and rarely seen group from circulation, printed by Bradbury, Wilkinson & Co. Ld. New Malden, Surrey, England imprinted in small script at lower centre on obverse only for the 10 Shillings and 1 Pound, while on the 5 Shillings on both sides lower centre
Bermuda Queen Elizabeth II & KingGeorge VI issues (13) in mostly high grades comprising Government 5 Shillings Pick 8b dated 12th May 1937 serial number G/1 306488, 5 ShillingsPick 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 PoundPick 20b dated 1st May 1957 serial number T/1 759525. Along with Bermuda Monetary Authority issues including 50 DollarsSPECIMEN similar to Pick 32 dated 1st April 1978 (2) both prefix A/1 and punchole cancelled on serial numbers, 5 DollarsPick 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 DollarsPick 34a dated 1st October 1988 serial number B/1 000500
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.
Bermuda (7), 5 Shillings (4) dated 1st May 1957, (Pick18b) EF to about Uncirculated, 10 Shillings dated 1st May 1957, (Pick19b) about EF, 1 Pound dated 1st May 1957, (Pick20c) good VF, 1 Pound dated 1st October 1966, (Pick20d) good EF, nice high grade collection
Bermuda Government (3), 1 Pound series H2 178854, (Pick20c) VF, 10 Shillings series T/1 717877, (Pick19b) EF and 5 Shillings series V/1 978543, (Pick18b) VF, all dated 1st May 1957 with portrait of Queen Elizabeth II
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