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250 Dollars - Elizabeth II Independence

Issuer Bank of Jamaica
Year 1987
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Weight 16.00 g
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Reverse description The full Coat of Arms of Jamaica occupies the central field, featuring a quartered shield bearing five golden pineapples supported by two Taino figures adorned in feathered headdresses, surmounted by a crocodile passant atop a royal helmet and mantling. A scroll beneath the shield bears the national motto OUT OF MANY, ONE PEOPLE. The commemorative legend 25TH ANNIVERSARY OF INDEPENDENCE · 1987 · arcs around the upper periphery, flanked by the dates, with the denomination · 250 DOLLARS · inscribed along the lower border.
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Edge Reeded
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Additional information

Issued to mark the 25th anniversary of Jamaican independence, this piece was struck in 1987 — a year defined domestically by acute currency instability, as the Jamaican dollar had lost roughly two-thirds of its value against the US dollar over the preceding decade. The timing lent the issue an unintentional irony: a gold commemorative celebrating national sovereignty produced while the central bank was struggling to defend a collapsing currency.

Mintage was tightly restricted, as with most Bank of Jamaica gold issues of the period, which were aimed squarely at foreign collectors rather than domestic circulation.

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