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1 dollar 1964

America › Caribbean › Trinidad & Tobago
P-26b(2)1964Central Bank of Trinidad and TobagoUNC
1 dollar 1964 from Trinidad & Tobago, P-26b(2) (1964) — image 1
1 dollar 1964 from Trinidad & Tobago, P-26b(2) (1964) — image 2

About This Note

This is a pristine uncirculated example of Trinidad and Tobago's first Central Bank dollar note from 1964, featuring a striking red and pink color scheme. The note displays the portrait of Queen Elizabeth II in an ornamental oval frame on the obverse, with the nation's coat of arms prominently positioned on the left side, while the reverse showcases the Central Bank building and an inset vignette of an offshore oil platform—symbolizing the country's economic foundation. The crisp printing, sharp details, and complete absence of wear indicate this note has never entered circulation despite being nearly 60 years old.

Rarity

Common. This is a standard circulation issue from the Central Bank of Trinidad and Tobago with no documented print run restrictions or recalls. The 1964 first-year-of-issue status and the availability of examples in the secondary market indicate substantial quantities were produced. UNC examples of this note routinely appear in dealer inventories and auctions at modest prices (typically $15-30 USD), which is consistent with common currency status.

Historical Context

This 1964 issue marks the establishment of the Central Bank of Trinidad and Tobago following independence in 1962, representing the nation's transition to sovereign monetary authority. The iconography reflects Trinidad and Tobago's dual economic identity: Queen Elizabeth II's portrait honors the Commonwealth connection during the early post-independence period, while the featured offshore oil platform on the reverse underscores the petroleum industry that was becoming central to the nation's prosperity. The inclusion of the Treasury building (Central Bank headquarters) and the national coat of arms emphasizes institutional pride and governmental authority during this formative period of nation-building.

Design

The obverse features a formal portrait of Queen Elizabeth II in left-facing profile, rendered in classical style and enclosed within an ornate oval frame—a typical design element for Commonwealth currency of this era. The Trinidad and Tobago coat of arms appears on the left side, displaying a shield with crossed heraldic elements flanked by two supportive figures (likely lions rampant) with a banner bearing the national motto below. The reverse depicts the Central Bank of Trinidad and Tobago building as the primary architectural focus—a modernist structure with a regular grid of windows characteristic of 1960s institutional design. An inset circular vignette in the upper right shows an offshore oil production platform, representing the extractive industries vital to the nation's economy. Dollar sign symbols ($) in ornamental circular frames occupy all four corners of the reverse, reinforcing the currency's value and providing decorative symmetry.

Inscriptions

FRONT SIDE: 'CENTRAL BANK OF TRINIDAD AND TOBAGO' (issuer identification); 'ONE DOLLAR' (denomination); 'ISSUED IN ACCORDANCE WITH THE CENTRAL BANK ACT OF TRINIDAD AND TOBAGO, 1964' (legal authority); 'GOVERNOR' (signature authority line); 'TOGETHER WE ASPIRE TOGETHER WE ACHIEVE' (national motto); 'M938086' (serial number). BACK SIDE: 'CENTRAL BANK OF TRINIDAD AND TOBAGO' (issuer identification); '$1' (denomination symbol).

Printing Technique

The note employs traditional intaglio engraving, evidenced by the fine line work, detailed crosshatching in backgrounds, intricate geometric patterns, and the crisp definition of the portrait and architectural elements visible throughout both sides. The consistent depth of color saturation and the precision of the ornamental borders are characteristic of high-security intaglio printing from this period. Based on the Pick catalog reference, this note was likely produced by a British security printer, though the specific printer is not definitively confirmed from the visual analysis alone.

Varieties

This specimen carries the serial number M938086, which places it within the standard issue range for the 1964 first emission. The Pick catalog designation P-26b(2) indicates this is the second cataloged variety of the 1964 issue, likely reflecting a minor variation in printing or signature authority. Without additional specimens for comparison, the specific distinguishing feature of the (2) variety cannot be definitively determined from the visual analysis alone, though it may relate to signature variants or subtle printing differences.