

This is a PMG 67 EPQ graded East Caribbean Currency Authority 5 Dollar note from 1965, printed by Thomas de la Rue of London. The note displays exceptional quality with crisp, sharp printing throughout both obverse and reverse, pristine condition with no visible wear, folds, or creases, and features an elegant portrait of Queen Elizabeth II alongside vibrant Caribbean coastal scenery. The combination of high-grade condition and attractive multi-colored design makes this an appealing example for collectors of Commonwealth currency and early Caribbean banknotes.
Common. The East Caribbean Currency Authority's 1965 5 Dollar note (P-14g) is a standard regular-issue banknote with substantial print runs typical of a multi-territorial central currency authority. eBay market data confirms abundance: notes in VF condition sell for $10–$18, and even a PMG 68 example sold for $405 in 2018—indicating supply exists but premium grades command collector premiums. The PMG 67 EPQ grade represents a high-quality example, but the underlying note type is widely available. No evidence of recall, limited issue, or scarcity supports a rarity designation higher than common.
This note was issued during the formative period of the East Caribbean Currency Authority (established 1965), reflecting the region's economic consolidation following Caribbean decolonization movements of the 1960s. The obverse features Queen Elizabeth II as the reigning monarch, while the reverse depicts iconic Caribbean tropical scenery—mountain landscapes, palm trees, sailboats, and coastal vegetation—symbolizing the natural wealth and maritime heritage of the East Caribbean member states. The Thomas de la Rue printing reinforces the connection to British currency traditions and Commonwealth financial institutions of the era.
The obverse features a right-facing profile portrait of Queen Elizabeth II wearing formal attire with a distinctive white flower detail, positioned on the right side of the note. The center displays the denomination 'FIVE DOLLARS' within an ornate, geometrically cross-hatched oval frame. A Scales of Justice emblem appears in the top left corner, representing authority and legal standing. The dominant color scheme is green with tan/beige and white accents. The reverse showcases an elaborate scenic vignette of the Caribbean landscape: a prominent coastal mountain range in the background, a tropical bay with a sailboat in the center, palm trees and banana plants in the foreground, and decorative floral elements in all four corners. The note incorporates fine line engraving throughout to create depth and prevent counterfeiting.
Front side: 'EAST CARIBBEAN CURRENCY AUTHORITY' (top, issuing authority); '$5' (corners, denomination); 'FIVE DOLLARS' (center, ornate oval frame, denomination); 'THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT' (center, legal tender clause); Serial number 'C9 051119'; Signature lines labeled 'Chairman', 'Director', 'Director' (below denomination). Back side: 'EAST CARIBBEAN CURRENCY AUTHORITY' (top); 'FIVE DOLLARS' (bottom right, in ornate circular frame); '$5' (denomination indicator); 'THOMAS DE LA RUE & COMPANY LIMITED' (printer's attribution at bottom).
Intaglio engraving (line engraving) and multi-color offset printing, characteristic of Thomas de la Rue's security printing methods. The fine crosshatch patterns, detailed portrait work, intricate scenic vignette, and elaborate border designs demonstrate classical intaglio techniques. The multi-color printing appears to utilize separate color plates for green, tan/beige, black, and white elements, creating the complex color composition visible in the visual analysis. No modern security features such as security threads or holograms are present, consistent with 1965 printing standards.
This note is cataloged as Pick P-14g, the standard variety. The PMG population report indicates two documented variants exist for this base Pick number: P-14p (5 Dollars with overprint 'V' in Circle) and P-14s (5 Dollars, Printer: TDLR). The observed example appears to be the unoverprinted standard issue. The serial number visible in the visual analysis ('C9 051119') suggests a 'C' series designation; serial number prefixes may indicate different print batches or distribution to specific territories within the East Caribbean Currency Authority's member states, though no comprehensive variety catalog distinguishes these as separate Pick numbers.