Catalog
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| Issuer | Clunies-Ross Estate |
|---|---|
| Year | 1968 |
| Type | Log in to see details |
| Value | 2 Rupees |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse of this red molded plastic token features a bold decorative sunburst or rosette pattern radiating from a central circular medallion. The medallion bears the denomination 2R in raised relief, with the numeral 2 and superscript R denoting two Rupees. The surrounding annular field is filled with concentric rings of elongated oval lobes and geometric lacework, all molded in dark relief against the red plastic ground, creating a striking ornamental effect characteristic of these Cocos (Keeling) Islands token issues. |
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| Edge | Plain |
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| Additional information |
The Clunies-Ross family ruled the Cocos (Keeling) Islands as a private fiefdom for over a century, and their plastic token coinage was the only currency permitted on the islands — Malay workers on the copra plantations were paid in these tokens, redeemable exclusively at the family-owned store. It was a closed economic loop by design. Australian authorities finally forced the abolition of the system in 1978, when the tokens were bought back at a fixed rate.