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5 Dollars
| Issuer | The Bahamas |
|---|---|
| Year | 1982 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1966-date) |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse features a detailed depiction of the Santa María, Christopher Columbus's flagship, rendered in full sail and occupying the central and right portions of the field. A tall commemorative cross, symbolic of Columbus's arrival in the New World, rises prominently in the left-center of the design, set on a stepped base. The denomination legend FIVE DOLLARS arcs along the upper periphery within a beaded border, while the lower field is left open to showcase the finely engraved nautical scene. |
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| Additional information |
The Bahamas gained full independence from Britain in 1973, and the commemorative coinage program that followed was managed through the Franklin Mint under contract — an arrangement that produced a flood of issues through the late 1970s and into the 1980s, many with limited genuine collector demand. This 1982 piece falls squarely within that production window.
At .500 fineness, the silver content sits at roughly 21 grams of pure metal — a compromise specification used across several Caribbean issues of the period to keep production costs manageable against a silver price that had spiked dramatically during the Hunt Brothers' market manipulation of 1979–1980.