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5 Dollars - Elizabeth II

Issuer The Bahamas
Year 1971
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Reference(s) KM#24, Schön#22
Obverse description Right-facing draped bust of Queen Elizabeth II, wearing the Girls of Great Britain and Ireland tiara, engraved by Arnold Machin. The effigy is rendered in high relief against a polished field, with fine detail in the hair and drapery at the truncation. A beaded border encircles the design. The legend COMMONWEALTH OF THE BAHAMA ISLANDS arcs along the upper periphery, with ELIZABETH II positioned along the lower periphery, separated by raised dots.
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Reverse script Latin
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Additional information

The Bahamas gained independence from Britain in 1973, making this 1971 issue a product of the final years of colonial currency administration — struck while the islands were still a Crown Colony, two years before the Bahamian dollar replaced the pound-linked currency structure. The Franklin Mint produced these pieces under contract, part of a broader program of proof and specimen coinage aimed squarely at the collector market rather than circulation.

Surviving examples in impaired condition are genuinely uncommon; nearly the entire mintage was sold directly to collectors in packaging.