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1974 The Central Bank of the Bahamas - 1 (One) Dollar Banknote Serial No. U1 978171 P-35b
1974 The Central Bank of the Bahamas - 1 (One) Dollar Banknote Serial No. U1 978171 P-35b
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Description
Description
1974 Bahamas 1 Dollar Banknote – Allen Signature Edition with Coral Reef Splendor
Issued shortly after the Bahamas gained independence in 1973, this $1 banknote signed by W. C. Allen represents a pivotal moment in the nation’s monetary history. As part of the first post-independence series, it blends the enduring image of Queen Elizabeth II with a vibrant underwater scene that celebrates the Bahamas’ marine heritage. The Allen signature variety is the scarcer of the two standard issues, making it especially appealing to collectors.
Printed by Thomas De La Rue & Co., this note is a standout for its tropical colour palette, reef-themed reverse, and historical significance as a symbol of national identity and Commonwealth continuity.
Key Features & Historical Significance
Issuer: Central Bank of The Bahamas
Denomination: 1 Dollar
Year of Issue: 1974
Pick Number: P-35b
Signature: W. C. Allen (Governor)
Printer: Thomas De La Rue & Co., London
Size: Approx. 156 × 67 mm
Material: Paper with intaglio and multicolour lithographic printing
Design Highlights
Obverse: Portrait of Queen Elizabeth II at left, wearing the George IV State Diadem, with dark blue-green ink and multicolour underprint.
Reverse: A vivid coral reef scene with tropical fish and marine flora, flanked by native flowers and the Bahamas coat of arms.
Watermark: Stylized shellfish motif, visible when held to light.
Security Features: Guilloché patterns, watermark, and black serial numbers.
Why Collect This Banknote?
The Allen-signed 1974 $1 note offers:
Scarcity premium, as the less common of the two signature varieties
Post-independence symbolism, blending royal portraiture with national pride
Marine-themed artistry, showcasing the Bahamas’ ecological treasures
Collector appeal, with strong demand for early Central Bank issues
Dive into Bahamian history with this coral-kissed $1 note. The 1974 Allen signature edition is more than currency — it’s a vibrant expression of sovereignty, sea life, and Commonwealth heritage.
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