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150 Rupees Kingdom Anniversary, 0.916 Gold

Issuer Cocos (Keeling) Islands
Year 1977
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Thickness 1.85 mm
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Obverse script Latin
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Reverse description A coconut palm tree, its fronds extending upward and to the right, stands rooted on a sandy beach shoreline rendered in detail across the lower field. The denomination 150 RUPEES appears to the right of the palm in two lines. The circular legend reads 150TH ANNIVERSARY · KEELING · COCOS ISLANDS · 1827-1977, commemorating the 150th anniversary of settlement of the Cocos (Keeling) Islands, distributed around the periphery of the field.
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Additional information

The Cocos (Keeling) Islands in 1977 remained under the administration of the Clunies-Ross family, who had governed the atoll as a private fiefdom since the early nineteenth century. John Clunies-Ross had established a coconut plantation economy there in the 1820s, and his descendants continued to issue their own local currency — the rupee — redeemable only at the family-controlled company store. This coin commemorates the 150th anniversary of that dynastic settlement, making it less a national issue than a piece of private commemorative coinage authorized by a family that functionally owned both the land and its inhabitants.

Australia formally purchased the islands from the last Clunies-Ross heir in 1978, one year after this coin was struck.

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