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70 ECUs - Elizabeth II HMS Victory

Issuer Gibraltar Government
Year 1996
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Weight 6.22 g
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Reverse description A finely detailed broadside view of HMS Victory, Admiral Lord Nelson's First Rate ship-of-the-line, depicted under full sail and riding stylised ocean waves, with her three masts, multiple gun decks, bowsprit, and pennant flags rendered in intricate relief. The name HMS VICTORY appears in a cartouche beneath the hull of the vessel. Twelve five-pointed stars, evocative of the European Community symbol, are arranged in a ring around the inner field. The denomination 70 ECUS is inscribed in the lower exergue, flanked by additional stars.
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Reverse lettering HMS VICTORY 70 ECUS
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Additional information

The ECU — European Currency Unit — was a basket currency used as an accounting unit within the European Monetary System from 1979, never physically issued by the European Community itself. Gibraltar exploited this gap throughout the 1990s, producing gold and silver ECU-denominated pieces that were legal tender locally but existed primarily as bullion collectibles timed to European monetary unification. The denomination became obsolete almost immediately: the ECU was replaced by the euro on 1 January 1999.

HMS Victory, launched at Chatham in 1765, had already seen forty years of service before Trafalgar.

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