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| Issuer | British Indian Ocean Territory |
|---|---|
| Year | 2019 |
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| Currency | Pound sterling (2008-date) |
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| Obverse lettering | ELIZABETH II • 2019 • BRITISH INDIAN OCEAN TERRITORY • PM |
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| Mintage | 2019 PM - BU - 10,000 |
| Additional information |
The British Indian Ocean Territory — consisting almost entirely of the Chagos Archipelago — has no indigenous civilian population and no circulating currency. Coins issued under its name are purely philatelic-numismatic products, legal tender in a jurisdiction where no one spends money. The Cutty Sark, built in 1869 for the Jock Willis Shipping Line, was one of the last commercial sailing clippers and spent her most profitable years in the Australian wool trade after losing the China tea route to steamships.
She has been dry-docked at Greenwich since 1954.