Catalog
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| Issuer | Central Bank of The Bahamas |
|---|---|
| Year | 1982 |
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| Shape | Round |
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| Obverse description | The central field displays the full coat of arms of the Commonwealth of the Bahamas, depicting a quartered shield bearing a rising sun above a British ship of the line in the lower half, supported on the dexter by a marlin and on the sinister by a flamingo, both rendered in fine detail. Above the shield rests a conch shell upon a helm adorned with mantling, while below a scrolled ribbon bears the national motto in two lines. The circumferential legend reads COMMONWEALTH OF THE BAHAMAS along the upper arc, and the date 1982 appears in the lower field, all within a continuous beaded border. |
|---|---|
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| Reverse description | The reverse presents a finely engraved composition of four Bahamian swallows in dynamic flight, rendered with meticulous feather detail, arranged across the central field at varying scales to convey depth and movement. The birds are depicted with wings fully extended, soaring in the same general direction. The denomination legend TWO DOLLARS curves along the upper arc of the beaded border, while the lower field and rim are left plain within the same beaded border that frames the entire design. |
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| Additional information |
The Bahamas gained full independence from Britain in 1973, and the Central Bank — established the same year — undertook a deliberate policy of issuing distinctive high-denomination circulation coins as both a practical currency measure and an assertion of economic independence. The two-dollar coin was an unusual denomination for a circulation piece anywhere in the Caribbean at this scale and weight.
By 1982, tourist-driven dollarization pressures were already complicating Bahamian monetary policy, with U.S. currency circulating freely alongside Bahamian dollars at par.