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5 Cents Magnetic
| Issuer | Central Bank of Barbados |
|---|---|
| Year | 2007-2022 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | A central depiction of the South Point Lighthouse, the oldest lighthouse in Barbados, rendered in fine detail with radiating beams of light emanating from its lantern room toward the upper right against a backdrop of stylised clouds and sea. The engraver's initials 'PN' appear in small letters at the lower right of the lighthouse base. The denomination legend 'FIVE CENTS' arcs along the lower periphery in bold lettering, all within a beaded border. |
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| Edge | Plain |
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| Additional information |
The shift to brass-plated steel was a cost-cutting measure driven by rising nickel prices in the mid-2000s, a pressure felt by small-island economies with limited minting budgets and no domestic coin production — Barbados has always contracted its coinage abroad, primarily through the Royal Canadian Mint and the Franklin Mint over the decades. The steel core makes these pieces noticeably responsive to a magnet, a quick authentication check that separates them cleanly from the earlier brass KM#11 pieces.