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50 Cents Independence
| Issuer | Bank of Jamaica |
|---|---|
| Year | 1983 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Mintage | 1983 FM - Proof - 1983 FM - Special Uncirculated - |
| Additional information |
Jamaica's 50-cent coin of this period commemorates independence from Britain achieved in August 1962, but the 1983 date places it squarely within the economic turbulence following the IMF austerity agreements that reshaped Jamaican monetary policy through the early 1980s. The Bank of Jamaica was under sustained pressure to renegotiate foreign debt while simultaneously maintaining a stable coinage — a near-impossible position given the devaluation pressures on the Jamaican dollar at the time.
KM#106 is a long-running type, struck across multiple years with no significant die varieties of note in the standard catalog literature.