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15 Cents
| Issuer | Central Bank of The Bahamas |
|---|---|
| Year | 1974-2005 |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse displays a naturalistic depiction of a hibiscus flower in full bloom, shown from the front with prominent petals, staminal column, and foliage rendered in fine relief and centered within the square field. The stem and leaves extend gracefully downward, terminating in decorative scrollwork at the base of the design. The denomination legend FIFTEEN CENTS is inscribed in two lines along the lower portion of the field, flanked by small decorative pellets. The design is enclosed within a dentilated inner border following the square-with-rounded-corners format of the flan. |
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| Additional information |
The Bahamas achieved independence from Britain on July 10, 1973, and the Central Bank was established that same year to replace the Bahamas Monetary Authority. This 15-cent denomination reflects the country's deliberate break from the British monetary system — the new decimal coinage used neither penny nor shilling but was instead structured around the dollar, with denominations chosen to suit local pricing habits rather than inherited colonial convention.
The 15-cent value is an oddity by any regional standard; no neighboring Caribbean issuer used it.