Cayman Islands 1974 - Cayman Islands Currency Board 1 Dollar Specimen with Perforated 'SPECIMEN OF NO VALUE' (Pick 5bs)
The defining feature of this specimen is a large dot-matrix perforation reading “SPECIMEN OF NO VALUE” applied across the face of the note. This perforation constitutes a permanent and irreversible invalidation method, distinct from inked overprints, oval control stamps, or punch cancellations used on other specimen formats. Perforated cancellation of this type was employed by De La Rue to ensure that fully authorized reference material could never be reintroduced into monetary circulation. Read more →
Cayman IslandsSpecimen with Perforated 'SPECIMEN OF NO VALUE'19741 DollarPMG 64 SpecimenPerforatedPerforated 'SPECIMEN OF NO VALUE'All Zero Serial NumberA. Jefferson SignatureSerial Prefix A/3Turtle WatermarkThomas De La Rue and Company Limited1 DollarCayman Islands Currency BoardCayman Islands Currency Law 1974British Overseas Territory CurrencyCurrency Board Monetary SystemLate Twentieth Century Security PrintingSpecimen Control ProceduresCaribbean Monetary HistoryCayman Islands19741985PMG 64Museum GradePick 5bs
Held