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10 Dollars 5th Anniversary of Independence-Sir Milo Butler
| Issuer | The Bahamas |
|---|---|
| Year | 1978 |
| Type | Log in to see details |
| Value | 10 Dollars |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | A left-facing bust portrait of Sir Milo Boughton Butler, the first Governor-General of the Bahamas, is depicted in high relief at the center of the field. The denomination 'TEN DOLLARS' is inscribed below the portrait. Surrounding legends identify the subject and the commemorative occasion, referencing the Fifth Anniversary of Independence and the date of independence '10 JULY 1973', arranged within the upper and lower periphery of the coin. |
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| Additional information |
Sir Milo Butler, the coin's honoree, was the first Bahamian-born Governor-General following independence from Britain in 1973 — a deliberately symbolic appointment by Prime Minister Lynden Pindling to signal a clean break from colonial governance. Butler died in office in 1979, just a year after this issue, making it one of the few commemoratives struck while its subject was still alive and serving.
The .500 fine silver specification was a cost-conscious choice common to Commonwealth commemoratives of the late 1970s, when silver prices were climbing sharply ahead of the Hunt Brothers' market corner in 1980.