Catalog
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| Issuer | Central Bank of Barbados |
|---|---|
| Year | 2024 |
| Type | Non-circulating coin |
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| Obverse description | At the base of the spherical coin, the Coat of Arms of Barbados is rendered in detail within the field, accompanied by the encircling legend 'BARBADOS' denoting the issuing authority, the date '2024' indicating the year of issue, the face value inscription '5 DOLLARS', and the fineness mark 'Ag 999' attesting to the purity of the silver. The motto 'PRIDE AND INDUSTRY' and the weight designation '5 oz' are also present within the inscriptions. The design elements are concentrated at the lower portion of the spherical form, providing a flat surface for legibility amidst the sculptural three-dimensional format. |
|---|---|
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| Edge | Spherical form; not applicable |
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| Additional information |
Barbados has issued a run of numismatic novelty pieces over the past decade that sit firmly in the modern collector-bullion market rather than in any monetary tradition. This 5-dollar denomination has no meaningful relationship to Barbadian circulating currency — it exists because the legal tender fiction allows a foreign mint to market silver rounds with sovereign backing, a model pioneered aggressively by the Perth Mint and quickly adopted by smaller Caribbean issuers working through intermediary distributors.
The 155.5g specification is a standard 5-troy-ounce blank, the workhorse format of the contemporary colored-silver novelty trade.