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50 Cents - Elizabeth II 3rd portrait, magnetic

Issuer Central Bank of Solomon Islands
Year 2008-2010
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Currency Dollar (1977-date)
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Obverse description Third portrait effigy of Queen Elizabeth II facing right, crowned and wearing a pearl drop earring and pearl necklace, as modelled by Raphael David Maklouf. The legend ELIZABETH II is inscribed along the left rim and SOLOMON ISLANDS along the right rim, both in raised Latin characters following the contour of the dodecagonal flan. The date of issue appears in the lower field beneath the truncation of the bust.
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Reverse lettering 50 CENTS
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Additional information

The magnetic steel version of this type replaced the earlier nickel-brass composition as part of a broader Pacific island coinage modernization push in the late 2000s, driven primarily by rising base metal costs that made the older alloy increasingly uneconomical to strike. The Solomon Islands, with a small domestic economy heavily dependent on aid flows and timber exports, had limited incentive to maintain expensive coinage compositions.

KM#29a distinguishes the magnetic alloy variant from its predecessor — a distinction that matters more to type collectors than it once did, as the transition was not widely publicized at issue.

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