Barbados 30th anniversary 5-dollar commemorative confirmed
This 5-dollar note bears an overprint “To commemorate the 30th anniversary of the Central Bank of Barbados” over the watermark area at left front, as well as a large gold foil 30 at center front. It was issued in a folder with the following text:
$5 Commemorative Banknote
A limited edition of this $5 note is being issued in commemoration of the 30th anniversary of the Central Bank of Barbados. Established by Act of Parliament on May 2, 1972, the Bank is charged with managing the countly's foreign reserves, regulating the money supply, maintaining the soundness of the financial system and generally implementing policies conducive to economic development.
The Bank issued the first national currency of Barbados during December 1973. It included notes in $1, $5, $10, $20 and $100 denominations and lc, 5c, lOc, and 25c coins. In 1979, the $1 note was replaced by a $1 coin while a $2 note and $50 note were introduced, respectively, in 1980 and 1989.
Over the years, the Bank has had a rich numismatic programme which has been sensitive to domestic culture and history as well as to social and economic trends at the international level. The 30th anniversary note is distinguished by the large print "30" in gold foil on the face of the note and the words "to commemorate the 30th anniversary of the Central Bank of Barbados". This note bears the effigy of Sir Frank Worrell, a well-known Barbadian cricketer who died in 1967.
March 20 2002
The overprint text on this $5 is similar to that which appears on the $100 note (Pick 53) commemorating the bank’s 25th anniversary, which makes me wonder if that note was issued for circulation, or if it also was issued in a folder, sold at a premium, and therefore rightly classified as a numismatic product. Does anyone have additional information about these two commemorative notes?
Courtesy of Tom Reid.