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20 Dollars Independence
| Issuer | Central Bank of the Bahamas |
|---|---|
| Year | 1973 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | COMMONWEALTH OF THE BAHAMAS · INDEPENDENCE · ELIZABETH II · 1973 |
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| Edge | Reeded |
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| Additional information |
Issued to mark Bahamian independence from Britain on July 10, 1973, this piece was part of a multi-denomination gold set authorized by the new Central Bank almost immediately upon its establishment. The .750 fineness — 18-karat rather than the .916 or .999 more common to modern commemorative gold — reflects a deliberate cost-containment decision that allowed broader distribution across the independence series without reducing the nominal face values.
The Fr#15 Fraser reference places it firmly within the documented Caribbean gold issues of the early independence era, a period when several newly sovereign island nations commissioned similar prestige sets from foreign mints, in this case the Franklin Mint.