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14 ECUs / 10 Pounds - Elizabeth II

Issuer Government of Gibraltar
Year 1992-1993
Type Commemorative circulation coin
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Reverse description A fully armoured medieval knight on horseback galloping to the right, bearing a lance and a heraldic shield charged with the arms of Gibraltar. Twelve five-pointed stars arranged in a circle surround the central equestrian device, evoking the European Communities motif. The dual denomination legend 14 ECUS / 10 POUNDS is inscribed in two lines along the lower portion of the field, with a beaded border at the rim.
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Edge Reeded
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Additional information

Gibraltar's ECU-denominated issues of the early 1990s were produced in direct response to the Maastricht Treaty negotiations, with the Rock's government minting alongside — and in quiet rivalry with — similar ECU collector series from Luxembourg, France, and the Channel Islands. The ECU itself was never legal tender in Gibraltar in any practical sense; these pieces were struck for the collector market at a moment when European monetary union still looked like an open question.

The dual denomination pairing of ECUs with Pounds reflects Gibraltar's deliberately ambiguous position: politically British, geographically Iberian, and in 1992 watching the Maastricht vote with particular attention.

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