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100 Dollars - Elizabeth II B Series, Conch Shell

Issuer Cayman Islands Currency Board
Year 1991
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Currency Dollar (1972-date)
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Obverse description Red intaglio print on multicolour guilloche underprint. The Cayman Islands Coat of Arms appears at upper centre, flanked by a treasure chest at left and a conch shell at far left; a portrait of Queen Elizabeth II is positioned at right. Denomination numerals appear in all four corners with full legal tender inscription across the centre.
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Reverse description A vignette of George Town harbour occupies the centre of the note, with a coral motif at left. Denomination values appear at lower left, upper right, and below the central vignette. A watermark area is reserved at right.
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The Cayman Islands Currency Board, established by the Currency Law of 1971, issued its own dollar pegged at a fixed rate to the US dollar — a rate that has held without devaluation ever since, making the Cayman dollar one of the highest-valued currencies in the world by face exchange. That stability is a deliberate policy choice tied directly to the islands' offshore financial sector, not an accident of size or geography.

Thomas De La Rue's involvement in this series is unsurprising given their longstanding role printing currency for British Overseas Territories. The B Series was a relatively long-lived issue before polymer substrates began displacing cotton paper across the Caribbean.