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100 Dollars Sailing Ships

Issuer Government of Antigua & Barbuda
Year 1981
Type Souvenir banknote
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Obverse description Central vignette in bold relief on .999 fine silver shows Captain Henry Avery's pirate vessel alongside the Mughal treasure ship Gang-i-Saway in the midst of a dramatic naval engagement, with rigging, sails, and figures rendered in intricate intaglio-style relief. Floral and foliate ornamental columns frame the vignette on both sides, with denomination numerals "100" in each corner. The issuer's legend runs along the top border and the value inscription "ONE HUNDRED DOLLARS" appears along the lower border, all struck against a 23K gold foil ground.
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Reverse lettering GOVERNMENT OF ANTIGUA & BARBUDA INDEPENDENCE NOVEMBER 1981 MINISTRY OF FINANCE ONE HUNDRED DOLLARS 100
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Comments

Antigua and Barbuda gained independence on 1 November 1981, and this note was issued as part of that commemorative moment — one of several Caribbean microstates that produced legal-tender silver-foil notes in the early 1980s through arrangements with private minting firms rather than through any central banking mechanism. The denomination is nominal; no one was expected to spend it.

Alan D'Estrehan was a Antiguan artist whose work appeared across several of the island's early independence commemorative issues. The .999 silver substrate with 23-karat gold foil overlay places this firmly in the collectible novelty category rather than the monetary one — a distinction the issuing government was almost certainly indifferent to, given the hard currency such sales generated abroad.

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