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50 Pence - Elizabeth II Dolphins - small type, Silver Proof
| Issuer | Gibraltar |
|---|---|
| Year | 1997 |
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| Value | Log in to see details |
| Currency | Pound (decimalized, 1971-date) |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ELIZABETH II GIBRALTAR · 1997 RDM PM |
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| Reverse script | Latin |
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| Additional information |
Gibraltar's dolphin 50 pence issues of the 1990s were produced partly in response to the territory's growing interest in asserting a distinct numismatic identity — a political gesture as much as a commercial one, given the ongoing sovereignty dispute with Spain. The small type designation distinguishes this from the larger-format earlier issues, the resizing having followed the United Kingdom's own 50p reduction in 1997.
KM#39.1a is the silver proof variant of that transition year, making it both the first year of the reduced specification and a low-mintage collector piece.