Ascension Island issues coinage through a formal arrangement with the British Treasury but holds no elected legislature and no permanent indigenous population — its "residents" are entirely contract workers and military personnel. The St George reverse on this piece continues a lineage traceable to Benedetto Pistrucci's 1817 original, still among the most enduring coin designs in British numismatic history, reproduced here under license for a territory that exists primarily as a mid-Atlantic communications and military relay station. The KM# 105 attribution places it within a relatively young Ascension Island series, most of which are collector-targeted issues with negligible circulation.
Ascension Island issues coinage through a formal arrangement with the British Treasury but holds no elected legislature and no permanent indigenous population — its "residents" are entirely contract workers and military personnel. The St George reverse on this piece continues a lineage traceable to Benedetto Pistrucci's 1817 original, still among the most enduring coin designs in British numismatic history, reproduced here under license for a territory that exists primarily as a mid-Atlantic communications and military relay station. The KM# 105 attribution places it within a relatively young Ascension Island series, most of which are collector-targeted issues with negligible circulation.