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Bahamas Bills Found In Old Books!

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Meandice's Avatar
Canada
254 Posts
 Posted 08/05/2023  6:08 pm Show Profile   Bookmark this topic Add Meandice to your friends list Get a Link to this Message Number of Subscribers
Hi All,

So a few years back I inherited some random books. Before discarding the books I fanned through them and found some Bahamas Bills. A 5, 10, 20, and three 1s

Thought nothing of it until recently.

Are these collectable? If so, what would they go for?

Photo example of the 5 dollar. (The rest are 1974)
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
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Dearborn's Avatar
United States
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Meandice's Avatar
Canada
254 Posts
 Posted 08/05/2023  7:10 pm  Show Profile   Bookmark this reply Add Meandice to your friends list Get a Link to this Reply
Here you go!


Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
Bahamas-Bills-Found-In-Old-Books!
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hfjacinto's Avatar
United States
7273 Posts
 Posted 08/05/2023  7:57 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I believe these are collectible and some look like high AU to CU condition. Walk 2 water is the resident expert on former monarchy notes, he can give a better estimate. I will be honest some of these are nice notes, I don't collect these but I would be happy to have a sample in my collection.
Edited by hfjacinto
08/05/2023 7:58 pm
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HondoB's Avatar
United States
24878 Posts
 Posted 08/05/2023  10:29 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
These are real beauties, Meandice! Two of your $1 notes are not in great shape but all of the others are fantastic!
Inordinately fascinated by bits of metal with strange markings and figures
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Dearborn's Avatar
United States
94636 Posts
 Posted 08/05/2023  10:48 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
Yes, thanks for posting up the rest of them, they are great notes.

I'm curious though, what was the name of the book you found them in?
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John1's Avatar
United States
56855 Posts
 Posted 08/06/2023  04:31 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Try checking ebay sold values for similar notes to get an idea on current value.
John1
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Meandice's Avatar
Canada
254 Posts
 Posted 08/06/2023  09:06 am  Show Profile   Bookmark this reply Add Meandice to your friends list Get a Link to this Reply
Thanks everyone.

I do not recall the name of the book. My mother had boxes of romance novels in her locker.

The bills were in one.

Another had a Devil's face Canadian 20
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walk2dwater's Avatar
Canada
2571 Posts
 Posted 08/06/2023  09:59 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
Incredible set of banknotes from Bahamas Meandice!

As you may (or may not) know, three series of banknotes bearing the QEII portrait came out of the 1960's/70's. The first 1965 "The Bahamas Government" series was 3 years long & the most sought after. The second "Monetary Authority" series from 1968 is the "dark horse" series and under rated (in my mind). That is where the P-29 $5.00 note came from. Your notes is in great shape and you can check it on this Numista link to give you an idea of what others sell for.
https://en.numista.com/catalogue/note223363.html

The last 1974 $1.00 with the U prefix being in the best condition is the most valuable one for that denomination. However, it is from the third "Central Bank" series which also happens to be the most collected (& saved) series. Here's the link for the 1974 ONES:
https://en.numista.com/catalogue/note205644.html

The 1974 Central Bank of Bahamas $10 (P-38a) is a beautiful note and not many were released since many residents used USD's. The # of all the middle denominations issued are low for the island nations (compared to what we are used to) so notes in nice condition are hard to come by. Your example looks as if it is UNC & if so, could easily submitted to PMG to get graded (even the $5 could go!). The Donaldson signature is the 1st & most common but the note is still highly desirable in that condition:
https://en.numista.com/catalogue/note223030.html

Your 1974 Central Bank of Bahamas $20 (P-39a) is the "show stopper" of the lot! Whatever I wrote about the $10 is doubly true for the $20! The higher the denomination the scarcer the note. So $20.00 are very hard to come by & your note definitely should be submitted to PMG for certification. It is an important find & many collectors would love to have that one. This series (like the $10) also has 2 signature varieties and your's is the first (Donaldson "a") version.
See Numista for more info.
https://en.numista.com/catalogue/note274548.html

If you haven't already done so carefully place all of your notes in mylar (museum safe) currency sleeves! Great inheritance & congrats!
Edited by walk2dwater
08/06/2023 10:04 am
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Meandice's Avatar
Canada
254 Posts
 Posted 08/06/2023  10:09 am  Show Profile   Bookmark this reply Add Meandice to your friends list Get a Link to this Reply
Thank you walk2dwater for the great information.

I have never submitted anything PMG. I will look into it!
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walk2dwater's Avatar
Canada
2571 Posts
 Posted 08/06/2023  3:30 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
You're most welcome! You don't have to get them certified (it is completely up to you). Some collectors prefer ungraded notes. But I do feel that there will be many out there who will believe it wise to get the $10 & $20 graded. They will be easier to sell & would likely go for a better price that way too (collectors have peace of mind in terms of their grades).

Here's another thread on Bahamas notes from a member here who goes by "Commems" which you may find interesting (good background info). http://goccf.com/t/409411

As far as TPG (Third Party Grading) goes, you will have to pick either PCGS or PMG. There are some LCS which will submit notes to them for you as well. It might be a good idea to ask around for collectors' opinions.

I submitted a bulk batch (50) to PMG last year but you have to join & then complete the submission form. Here's the link to the PMG site with some explanations:
https://www.pmgnotes.com/paper-mone...ing-process/
Edited by walk2dwater
08/06/2023 3:34 pm
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nickelsearcher's Avatar
United States
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 Posted 08/06/2023  7:57 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Those are really nice looking notes - and I learned a lot from the links graciously shared.
Take a look at my other hobby ... http://www.jk-dk.art
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hokiefan_82's Avatar
United States
3634 Posts
 Posted 08/06/2023  8:47 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Nice find, and good that you checked before getting rid of the books. Folks do tend to tuck things away in books for safekeeping and then forget about it; I've found some interesting stuff in old books but nothing like what you did!
Member of SPMC, FCCB, ANA and ANS.
My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188
Edited by hokiefan_82
08/06/2023 8:47 pm
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