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250 Dollars - Elizabeth II Columbus ships
| Issuer | Belize (1973-date) |
|---|---|
| Year | 1989 |
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| Reference(s) | KM#98 |
| Obverse description | Right-facing crowned effigy of Queen Elizabeth II, modelled by Raphael David Maklouf, wearing the Girls of Great Britain and Ireland tiara, drop earring, and pearl necklace. The truncation bears the engraver's initials RDM. The legend ELIZABETH II is inscribed along the left periphery, with BELIZE and the date 1989 along the right, all in Latin characters within a plain field. |
|---|---|
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| Reverse lettering | 500TH ANNIVERSARY OF COLUMBUS DISCOVERY OF THE NEW WORLD 250 DOLLARS |
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| Additional information |
Belize has issued commemorative gold with some regularity since independence, but the Columbus quincentenary pieces produced in the late 1980s were timed deliberately ahead of the 1992 anniversary rush — when sovereign mints worldwide flooded the market with competing issues and secondary prices collapsed accordingly. Getting to market three years early was a calculated move.
KM#98 is tied to that wave, struck in 22-karat gold at a modest specification that kept the issue accessible to regional collectors. Belize's commemorative program has always been heavier on output than collector demand can reliably support.