20 Crowns - Elizabeth II Coronation Anniversary

The Turks and Caicos Islands adopted the crown as a commemorative denomination in the 1970s specifically to capture the collector market — the territory has no meaningful history of circulating coinage, and issues like this one were never intended to function as money. By 1993, the fortieth anniversary of the coronation had become a reliable occasion for Commonwealth territories to authorize silver issues, most contracted through the same small pool of British and Canadian refiners and distributors.

KM#113 is one of several pieces the islands issued that year under the same commemorative program.