If you have a note that you believe to be counterfeit, take the note to the Central Bank of Barbados. It is a criminal offence to knowingly pass (spend) a counterfeit note.
Any note that is torn, soiled, or in any way mutilated should be taken to a local commercial bank where a determination will be made of its value.
Yes. From 1973-1976, Samuel Jackman Prescod’s image was featured on the five-dollar note. These notes bear the signature of Dr. (now Sir) Courtney Blackman and remain legal tender.
Yes. Retailers are not obligated to accept more than 10 dollars in coins as payment for a purchase.
Numismatic (souvenir) coins are coins that have been specially minted to commemorate an event of significance or honour an important individual. Numismatic coins are limited edition coins and are usually proof quality, which means that they are individually struck as opposed to mass-produced like circulation coins.
All numismatic coins have a face/nominal value, which is determined by a number of factors. However, because they are limited edition coins, they often have a higher value among collectors.
Numismatic coins are produced at the discretion of the Central Bank of Barbados, usually when there is an event of major local historical or cultural significance.
At present, the following numismatic coins are available for sale:
Numismatic coins are available at the Central Bank of Barbados and at select retail outlets.