The Eastern Caribbean Central Bank issues currency on behalf of eight member states — Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Anguilla, and Montserrat — all sharing a single monetary union that has maintained a fixed peg of 2.70 EC dollars to the US dollar since 1976. Collector issues like this one are struck specifically for the numismatic market rather than circulation, funded through licensing agreements that generate revenue for member governments outside the normal budgetary process.
The Eastern Caribbean Central Bank issues currency on behalf of eight member states — Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Anguilla, and Montserrat — all sharing a single monetary union that has maintained a fixed peg of 2.70 EC dollars to the US dollar since 1976. Collector issues like this one are struck specifically for the numismatic market rather than circulation, funded through licensing agreements that generate revenue for member governments outside the normal budgetary process.