The Bahamas gained independence from Britain in 1973, making this 1970 issue part of the transitional coinage struck while the islands were still a Crown Colony. The series was introduced in 1966 to replace the Jamaican and British coins that had previously circulated — the Bahamas had no decimal coinage of its own before that year. Franklin Mint produced much of the early Bahamian coinage during this period under contract.
The Bahamas gained independence from Britain in 1973, making this 1970 issue part of the transitional coinage struck while the islands were still a Crown Colony. The series was introduced in 1966 to replace the Jamaican and British coins that had previously circulated — the Bahamas had no decimal coinage of its own before that year. Franklin Mint produced much of the early Bahamian coinage during this period under contract.