The Central Bank of the Bahamas was established in 1974, the year the islands gained full independence from Britain, replacing the Bahamas Monetary Authority that had issued currency since 1968. This 1999 issue marks the bank's 25th anniversary. At 136 grams of sterling silver in a 63mm format, it belongs to a category of oversized commemorative crowns produced almost exclusively for collector sale — circulation was never the point.
The Central Bank of the Bahamas was established in 1974, the year the islands gained full independence from Britain, replacing the Bahamas Monetary Authority that had issued currency since 1968. This 1999 issue marks the bank's 25th anniversary. At 136 grams of sterling silver in a 63mm format, it belongs to a category of oversized commemorative crowns produced almost exclusively for collector sale — circulation was never the point.