The Barbados 5 Dollars (2002) commemorate banknote the 30th anniversary of the Central Bank of Barbados

 

The Barbados 5 Dollars (2002) banknote was issued to commemorate the 30th anniversary of the Central Bank of Barbados, which was established in 1972. This special edition note celebrates the economic stability and development of Barbados, featuring a bold “30” overprint to mark the milestone.

The obverse (front) of the note showcases Sir Frank Worrell, a celebrated Barbadian cricketer and national icon, while the reverse (back) highlights the Parliament Buildings in Bridgetown, emphasizing the country’s rich history and governance. With a blend of security features, vibrant colors, and historical significance, this note is both a piece of functional currency and a sought-after collector’s item.

 

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Design and Aesthetic Details

Obverse (Front)

The front side of the 5 Dollars (2002) commemorative banknote prominently displays:

• A portrait of Sir Frank Worrell, a legendary Barbadian cricketer, senator, and national hero who played a pivotal role in West Indies cricket.
• The text “Central Bank of Barbados” at the top, indicating the issuing authority.
• The phrase “To commemorate the 30th anniversary of the Central Bank of Barbados”, marking its special edition status.
• A large black “30” overprint, highlighting the anniversary milestone.
• The Barbadian Coat of Arms, located to the left of the portrait, featuring a dolphin, a pelican, and a shield, symbolizing the island’s maritime heritage and national pride.
• The denomination “$5” displayed in multiple locations.
• The signature of the Governor of the Central Bank of Barbados.
• Intricate guilloche patterns and security designs, adding both an artistic and protective element to the note.

This side of the banknote honors Sir Frank Worrell’s legacy while celebrating Barbados’ economic progress under the Central Bank.

Reverse (Back)

The reverse side of the banknote features:

• A detailed engraving of the Parliament Buildings in Bridgetown, a symbol of democracy and governance in Barbados.
• The text “Central Bank of Barbados” at the top, maintaining the official branding.
• The denomination “$5” printed in multiple locations.
• A watermark area to the right, adding to the security features.
• Ornate scrollwork and decorative flourishes, enhancing the banknote’s artistic appeal.

The architectural depiction of Parliament reflects Barbados’ strong democratic foundations, linking economic stability to political heritage.

Color Scheme

The color scheme of the banknote is a blend of green, blue, and brown hues, symbolizing:

• Growth and stability – Green tones reflect economic prosperity.
• Maritime heritage – Blue shades represent Barbados’ island identity.
• Tradition and resilience – Brown tones signify strength and historical legacy.

The harmonious combination of cool and earthy tones makes the banknote visually appealing while maintaining security integrity.

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Dimensions

The Barbados 5 Dollars (2002) Commemorative banknote has the following dimensions:

• Width: 150 mm
• Length: 75 mm

These dimensions are consistent with standard Barbadian banknotes, ensuring ease of use and identification.

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Security Features

To prevent counterfeiting, the Barbados 5 Dollars (2002) banknote incorporates several security features:

1. Watermark: A hidden watermark of Sir Frank Worrell, visible when held against light.
2. Security Thread: A thin embedded security thread, running vertically through the note.
3. Microprinting: Tiny detailed text and patterns, making replication difficult.
4. Intaglio Printing: Raised ink on the portrait, text, and border designs, allowing tactile verification.
5. Color-Shifting Ink: The denomination numerals change color when tilted.
6. Ultraviolet (UV) Features: Fluorescent elements glow under UV light, revealing hidden security markings.
7. Holographic Elements: Subtle iridescent patterns incorporated into the background.

These security measures ensure that the banknote remains authentic and safe from counterfeiting.

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Circulation and Collectibility

Circulation

• The 5 Dollars (2002) commemorative banknote was issued as legal tender and widely used for daily transactions.
• Due to inflation and economic developments, it was eventually replaced by newer currency series.
• It remains one of the most recognized lower-denomination notes in Barbados.

Collectibility

This commemorative banknote is highly desirable among collectors due to:

• Historical significance – Celebrating 30 years of the Central Bank of Barbados.
• Unique overprint – The large “30” marking the anniversary adds to its rarity.
• Limited edition status – Fewer notes remain in uncirculated (UNC) condition.
• Market value – Uncirculated (UNC) versions fetch higher prices, while circulated notes retain moderate collector interest.

This note is especially prized by numismatists and collectors of Caribbean currency.