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5 Cents

Uitgever J.S. Clunies Ross (Cocos (Keeling) Islands)
Jaar 1913
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Oriëntatie Medal alignment ↑↑
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Beschrijving voorzijde Central shield-shaped coat of arms of the Clunies Ross family, featuring a quartered design with palm trees flanking the shield and a crest above. A ribbon below the shield bears the motto PRO PATRIA. The circular legend KEELING COCOS ISLANDS arcs around the upper portion of the field, with the date 1910 centered at the bottom, flanked by two bullet points, all impressed into the ivory-colored plastic oval flan.
Schrift voorzijde Log in om details te zien
Opschrift voorzijde KEELING COCOS ISLANDS •1910•
Beschrijving keerzijde Log in om details te zien
Schrift keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Rand Log in om details te zien
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Aanvullende informatie

John Sidney Clunies Ross ruled the Cocos (Keeling) Islands as a personal fiefdom, and the token coinage he issued was the only currency accepted on the islands — workers on the copra plantation were paid in these tokens, redeemable only at the company store he controlled. The arrangement was feudal in every practical sense. Australia formally annexed the islands in 1955, but the Ross family retained control until 1978, when the remaining islanders voted to integrate with Australia and the token system finally collapsed.

Plastic ivory was chosen over metal specifically because it could not be spent anywhere else on earth — a deliberate design to prevent capital from leaving the island economy.

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