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100 Dollars Independence
| Issuer | Central Bank of The Bahamas |
|---|---|
| Year | 1973 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1966-date) |
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| Obverse description | Right-facing effigy of Queen Elizabeth II, portrayed as a young sovereign with an elaborate tiara and flowing hair, after the Arnold Machin portrait. The truncated draped bust is set centrally in the field, surrounded by a beaded inner border. The peripheral legend reads COMMONWEALTH OF THE BAHAMAS and INDEPENDENCE, with the royal name ELIZABETH II and the date 1973 inscribed in the lower portion of the field. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | COMMONWEALTH OF THE BAHAMAS INDEPENDENCE Elizabeth II 1973 |
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| Additional information |
The Bahamas achieved independence from Britain on July 10, 1973, and this gold issue was part of a commemorative program struck specifically for that occasion. The .750 fineness — rather than the more conventional .900 or .9999 used by most sovereign gold issues of the period — was a deliberate choice to bring the coin's gold value closer in line with its $100 face denomination at prevailing 1973 gold prices, which were still adjusting in the volatile aftermath of Nixon's 1971 suspension of dollar-gold convertibility.
KM#49.2 distinguishes this from the .585 fineness variant (KM#49.1) struck in the same program.