Catalog
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| Issuer | Central Bank of The Bahamas |
|---|---|
| Year | 1971 |
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| Reference(s) | KM#32.2, Schön#26, Fr#5 |
| Obverse description | Right-facing draped bust effigy of Queen Elizabeth II, wearing a tiara and a necklace, after the portrait by Arnold Machin. The legend 'COMMONWEALTH OF THE BAHAMA ISLANDS' arcs along the upper periphery, while 'ELIZABETH II' appears along the lower periphery. The bust is set within a beaded border. The overall style is characteristic of Machin's refined, classical portraiture used on Commonwealth coinage of the era. |
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| Edge | Reeded |
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| Additional information |
Issued to mark Bahamian independence, which formally came on July 10, 1973 — but this 1971 date places the coin two years prior, during the lead-up period when the Bahamas held internal self-government under the Progressive Liberal Party of Lynden Pindling, who had swept out the white merchant oligarchy known as the "Bay Street Boys" in the 1967 election. The Central Bank itself had only been established in 1974, meaning coins of this date were issued under predecessor monetary authority arrangements.
Fr#5 confirms this as a bullion-adjacent commemorative rather than a circulation piece. The .917 fineness matches the traditional crown gold standard.