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.
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.