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50 Dollars - Elizabeth II

Issuer The Bahamas
Year 1971
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Value 50 Dollars
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Reverse script Latin
Reverse lettering * FIFTY * DOLLARS * 1971 * SANTA * MARIA
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Additional information

Issued in the lead-up to Bahamian independence — which would not arrive until 1973 — this 1971 issue was part of a short-lived gold series authorized under the transitional government still operating under British colonial administration. The Bahamas used these high-denomination gold pieces partly as a revenue instrument, targeting the collector and investor market rather than domestic circulation, a deliberate policy given the islands' growing dependence on tourism-driven foreign exchange.

Fr#7 in Friedberg places this among a small family of Bahamian gold issues that would become obsolete almost immediately upon independence, when the new sovereign state redesigned its coinage program entirely.

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