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5 Dollars - Elizabeth II Currency Board

Uitgever Cayman Islands
Jaar 1991
Type Non-circulating coin
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Opschrift voorzijde CAYMAN ISLANDS ELIZABETH II · 5 DOLLARS ·
Beschrijving keerzijde Central device depicting a large cruise ship underway at sea, set within a circular border. Above the vessel, a detailed wind rose (compass rose) is displayed alongside a cartographic outline map of the three Cayman Islands — Grand Cayman, Little Cayman, and Cayman Brac — each identified by name in the surrounding legend. The commemorative inscription 20TH ANNIVERSARY OF CURRENCY BOARD arcs along the upper portion of the legend, with the anniversary dates 1971 - 1991 positioned below the central device.
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Aanvullende informatie

The Cayman Islands Currency Board, established in 1971 shortly after the islands separated administratively from Jamaica, has operated one of the most conservatively managed currency pegs in the Caribbean — the Cayman dollar has been fixed to the USD since 1974 at a rate that has never been adjusted. That unusual monetary stability made commemorative silver issues from this issuer genuinely backed by institutional credibility rather than opportunism.

KM#109 is a commemorative type on the standard 28.28g/.925 blank widely used by Commonwealth mints in the late 1980s and 1990s, struck at the Royal Mint.

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