BAHAMAS. Central Bank of the Bahamas. 20 Dollars, 1974 (ND 1993). P-54a. PMG Superb Gem Uncirculated 67 EPQ.Prefix A. A modern rarity from the Bahamas not to be underestimated. This issue might need some explaining, and unfortunately, PMG has consistently misattributed P-54A as P-54a, so if you go by the population report, you will miss the true rarity of this type. The difference between P-54a and P-54A is found on the engraving of the ships on the back: On this piece, the ships are arranged horizontally in the harbor (as seen on the previous type with portrait of QEII), while on P-54A, they are displayed vertically. While previous auction descriptions have mentioned that prefix A is the first type and later prefixes are the second type, this is not true, as notes with the second back exist with prefix A. Based on previous auction appearances of this type (of which there are not many) we believe this to be one of the finest graded examples of the type.
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