

This is an uncirculated 1964 British Honduras 1 Dollar note (Pick P-28b), featuring a striking green and multicolor design with Queen Elizabeth II's portrait in profile on the obverse. The note exhibits exceptional preservation with no visible wear, creases, or damage, displaying the intricate security engraving and fine linework characteristic of this issue. The 1964 date and Government of British Honduras issuer make this a notable example from the final decade before Belize's independence.
Common. While this note has appreciated modestly in value over decades, the robust and consistent eBay sales data shows regular circulation in the collector market at predictable prices. UNC examples have sold consistently in the $120–$260 range over the past 15 years, with 2019 catalog values at $400 UNC. The stable pricing and frequent sales indicate adequate supply relative to collector demand. There is no evidence of low print runs or scarcity; this appears to be a standard issue from a functioning currency authority with normal production volumes.
This note was issued on April 1, 1964, by the Commissioners of Currency of British Honduras during a transitional period in the territory's history—just four years before the territory would move toward independence and eventually become Belize in 1981. The inclusion of Queen Elizabeth II's portrait reflects British Honduras's status as a British colony at the time of issue. The coat of arms featuring the motto 'SUB UMBRA FLOREO' (Under the Shade I Flourish) represents the official symbols of the colonial administration and would eventually be replaced as the nation moved toward independence.
The obverse features a left-aligned coat of arms of British Honduras—a shield with heraldic supporters (two figures on either side), a cross at the apex, and circular seal bearing the motto 'SUB UMBRA FLOREO.' The right side displays a female portrait in profile facing right within an oval frame, depicting Queen Elizabeth II as the reigning British monarch. The design employs extensive ornamental baroque-style borders with symmetrical geometric and floral guilloche patterns, rosettes in the corners, and decorative scrollwork. The reverse continues the security theme with an ornate frame enclosing 'THE GOVERNMENT OF BRITISH HONDURAS' in the center, surrounded by elaborate engraved baroque patterns and fine linework. The color scheme is predominantly green with tan, cream, and brown undertones.
FRONT: 'THE GOVERNMENT OF BRITISH HONDURAS' (issuing authority); 'THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT' (legal tender declaration); 'ONE DOLLAR' (denomination, appears twice); 'For the GOVERNMENT of BRITISH HONDURAS' (issuer attribution); 'BELIZE, 1st APRIL, 1964' (issue location and date); 'COMMISSIONERS OF CURRENCY' (issuing body); Serial number 'G 4206040 C' (identification number); Signature line (illegible in image). BACK: 'THE GOVERNMENT OF BRITISH HONDURAS' (issuing authority repeated with decorative frame).
Intaglio engraving (steel plate printing), a premium security printing method evident from the exceptional fine line detail work, intricate guilloche patterns, and dimensional quality visible in the image. The printer for Pick P-28b is identified as BWC (Bradbury Wilkinson & Co., London), a renowned British security printer. The complex layered patterns, multiple color registration, and fine detail work throughout both sides are characteristic of high-security banknote production of the 1960s era.
This note is cataloged as Pick P-28b, one of eight known variants for the 1 Dollar British Honduras 1964 issue. The 'b' designation indicates a specific variety within the series, likely differentiated by printer (BWC - Bradbury Wilkinson & Co.), signature combinations, or date variations. Related varieties include P-28a, P-28c, and signature varieties (P-28s, P-28bs, P-28cs, P-28cts), plus remainder notes (P-28r). The serial number prefix 'G' and the specific serial number '4206040 C' on this specimen may be relevant to narrowing the variety further. PMG population data indicates professional grading activity across all major varieties, suggesting collector interest in the series.