5 Dollars

Saint Eustatius — locally called Statia — never had its own currency. As a special municipality of the Netherlands since 2010, it uses the US dollar, making this piece a curiosity: a dollar-denominated island issue that circulated, if it circulated at all, alongside American Federal Reserve notes in a tiny Caribbean community of roughly 3,800 people. The Dutch Caribbean islands were reorganized following the dissolution of the Netherlands Antilles, and several of the newly constituted entities produced small commemorative or circulation strikes in the years immediately following — this is one of them.