2020-06-09 Tue

Located off the east coast of North America, Bermuda was famous among the explorers and navigators for the natural beauty and rich treasury that the country offered. The first known European explorer to reach Bermuda was Spanish Traveller Juan de Bermudez after whom the islands are named.

Thereafter, both Spanish and Portuguese ships stopped at the islands. However, it was the British who really exerted the control over these Islands. By 1612, Bermuda became a full-fledged English settlement who administered the polity of the islands for a long time.

In 1914, the first banknote of Bermuda was issued. These 1 Pound Banknotes were introduced by the Government. Now onward, the banknotes of the countries were regularly issued by the British with a number of themes and subjects. The above-shown banknote depicts the Royal Naval Dockyard of Bermuda.

Royal Naval Dockyard of Bermuda was the chief base of the Royal Navy in the Western Atlantic between American Independence and the Cold War from 1795 onward. Prior to Bermuda’s colonization by the British in 1609, it was a base for French Privateers who used the islands as a staging post against Spanish galleons in the 16th century.

Issued in the year 2000 by Bermuda Monetary Authority, the banknote depicts a portrait of a crowned Queen Elizabeth II and a sea-horse, jellyfish, and conch. The reverse of the banknote depicts a Map of Bermuda and the Royal Naval Dockyard. The denomination of the banknote i.e. two dollars is inscribed on both obverse and reverse.

Image Courtesy: exclusivecoins.blogspot.com