1 Dollar - Elizabeth II Heart of Roses

The "Heart of Roses" dollar is a Pobjoy Mint commemorative struck for one of the smaller territories that contracted with the Surrey-based private mint for coinage production. Pobjoy held an unusual position in the numismatic world — a privately owned British mint issuing legal tender coinage for dozens of dependent territories and small states, filling a commercial niche that the Royal Mint declined to pursue aggressively. The KM#473a suffix indicates a compositional variant within a broader issue, suggesting a silver or other version was struck alongside this copper-nickel example.