2 Dollars - Elizabeth II Proof Issue

The Bahamas adopted a decimal currency system in 1966, replacing the pound sterling ahead of full independence in 1973. This proof issue dates to a period when the Central Bank of the Bahamas was actively cultivating collector markets — a deliberate revenue strategy that many small island nations pursued aggressively through the 1980s as tourism and offshore banking alone could not sustain mint program costs.

KM#105 in copper-nickel rather than silver marks a cost-conscious tier aimed at broader collector distribution.