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Banknotes Of The Bank Of Nassau (Bahamas)
Banknotes were prepared for, but not generally issued by the Bank of Nassau between the 1870s and 1906. The notes are actually quite rare remainder banknotes. The currency expressed is the Bahamian pound. First Issue (ND.) (c.1870s) *PA1. 5 Shillings. 18xx. Red. Specimen banknote. *PA2. 10 Shillings. 18xx. Red. Specimen banknote. *PA3. 10 Shillings. 18xx. Blue. Specimen banknote. *PA4. 10 Shillings. 18xx. Brown. Specimen banknote. *PA4A. 1 Pound. 18xx. Light Orange. Specimen banknote. Second Issue (1897-1902) *PA4B. 5 Shillings. 18xx. Black. Specimen banknote. *PA5. 5 Shillings. 28 January 1897; 3 April 1902. Blue. Issued banknote. *PA7. 1 Pound. 190x. Blue. Specimen banknote. Third Issue (1906-1916) *PA8. 4 Shillings. 11 May 1906; 22 October 1910; 19 March 1913; 16 April 1913; 21 January 1916. Green. Issued banknote. *PA8A. 1 Pound. 190x. Black. Unissued remainder banknote. *PA8B. 1 Pound. 190x. Deep Green. Proof banknote. References Standard Catalog of World Paper ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Nassau
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Remainder Banknote
This page is a glossary of notaphily. Notaphily is the study of paper money or banknotes. __TOC__ Terms Further reading *''A Guide Book of United States Coins ''A Guide Book of United States Coins (The Official Red Book)'', first compiled by R. S. Yeoman in 1946, is a price guide for coin collectors of coins of the United States dollar, commonly known as the Red Book. Along with its sister publicatio ...'' by R.S. Yeoman ReferencesCoin World Glossary *''2005 Blackbook Price Guide to United States Paper Money'' {{ISBN, 1-4000-4839-7 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahamian Pound
The pound was the currency of the Bahamas until 1966. It was equivalent to the pound sterling and was divided into 20 ''shillings'', each of 12 '' pence''. Standard sterling coinage circulated. Apart from a Bahamas penny coin struck in 1806, there were no special coin issues such as were found in Jamaica. History In 1825, an imperial Order-in-Council was passed for the purposes of introducing sterling coinage into all the British colonies. It wasn't immediately very effective due to unrealistic ratings, and it required a further Order-in-Council to be passed in 1838. By the middle of the nineteenth century, Sterling coinage had replaced the Spanish dollar throughout all of the British West Indies. But it was only in the Bahamas, Bermuda, and Jamaica that the pound unit of account was used. In the Eastern Caribbean territories and in British Guiana, the dollar unit of account was retained in conjunction with the British coinage at a fixed rate of one dollar to four shillings and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoeni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Specimen Banknote
A specimen banknote is printed generally in very limited quantities for distribution to central banks to aid in the recognition of banknotes from a country other than their own. In some cases, specimen banknotes are printed in less limited quantities distributed to commercial banks, or even to commercial enterprises and the public at large in order to familiarize users about new designs. In addition, specimen banknotes are sold in some countries to collectors (often in special commemorative folders or albums). They have also been distributed by banknote printers (such as the American Bank Note Company) as examples of their craftsmanship. Occasionally, specimen banknotes are distributed as gifts to dignitaries or to employees of central banks, often in special presentation albums. To avoid use of specimen banknotes as legal tender notes, the banknotes are deformed, typically by being overprinted and/or punched (perfin) with an inscription such as "SPECIMEN", "SPECIMEN NO VALUE ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Catalog Of World Paper Money
The ''Standard Catalog of World Paper Money'' was a well-known catalogue of banknotes that was published by Krause Publications in three volumes. These catalogues are commonly known in the numismatic trade as the Pick catalogues, as the numbering system was originally compiled by Albert Pick, but are also referred to as "Krause" or "SCWPM." Since the mid-1980s the titles have been owned by Krause Publications, and from 1994–2016 were under the editorship of George S. Cuhaj, and subsequently by Tracy L. Schmidt. Numbering system The numbering system uses an integer to identify a note. The sorting of notes is usually by issue series/date, then ascending by denomination. Some varieties also have an alphabetic prefix, with a capital letter or letters. * A prefix of "A" or "B" is used to insert older series which were not cataloged when the numbering system was established. * A prefix of "CS" is used for made-for-collector merchandise such as souvenir folders, uncut pairs/strips ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Krause Publications
Krause Publications is an American publisher of hobby magazines and books. Originally a company founded and based in Iola, Wisconsin, they relocated to Stevens Point, Wisconsin, in April 2018. The company was started by Chester L. Krause (19232016) upon the publication in October 1952 of the first issue of '' Numismatic News''. In the coin collecting community the company is best known for its '' Standard Catalog of World Coins'', a series of coin catalogs commonly referred to as ''Krause-Mishler'' catalogs or simply ''Krause'' catalogs; they provide information, pricing, and Krause-Mishler (KM) numbers referring to coin rarity and value. Krause-Mishler (named for Krause and longtime employee Clifford Mishler) numbers are the most common way of assigning values to coins. The first edition was published in 1972. In addition, they established the Coin of the Year Award, first issued in 1984, for excellence in coinage design. In the paper money collecting community the company i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknotes Of The Caribbean
A banknote—also called a bill ( North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
