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25 Cents - Elizabeth II 4th portrait

Issuer Cayman Islands Monetary Authority
Year 1999-2019
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Value 25 Cents
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Obverse description Right-facing effigy of Queen Elizabeth II wearing the Girls of Great Britain and Ireland tiara, as rendered in Ian Rank-Broadley's fourth definitive portrait. The Queen's neckline is bare and the hair is elaborately dressed. The engraver's initials IRB appear on the truncation of the neck. The peripheral legend reads CAYMAN ISLANDS to the left and ELIZABETH II to the right, with the date 2002 positioned at the base of the coin.
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Obverse lettering CAYMAN ISLANDS ELIZABETH II 2002 IRB
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Additional information

The Cayman Islands shifted from cupro-nickel to nickel-plated steel for this series largely as a cost-reduction measure — a quiet but telling sign of how small-island currency economics work when local circulation volumes are too low to justify premium alloy costs. The fourth portrait of Elizabeth II, by Ian Rank-Broadley, replaced the Raphael Maklouf effigy across most Commonwealth issues in 1998, and Cayman adopted it promptly for this long-running type.

The twenty-year span of this issue reflects the territory's conservative approach to coinage reform — a stability driven less by tradition than by the sheer cost of retooling dies for a population under 70,000.

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