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Coinage of the East Caribbean States

Started by <k>, August 10, 2018, 10:32:57 PM

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<k>


The East Caribbean


From Wikipedia:

The Eastern Caribbean dollar is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States. The successor to the British West Indies dollar, it has existed since 1965, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$, to distinguish it from other dollar-denominated currencies. The EC$ is subdivided into 100 cents. It has been pegged to the United States dollar since 7 July 1976, and the exchange rate is US$1 = EC$2.70.

Six of the states using the EC$ are independent states: Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. The other two are British overseas territories: Anguilla and Montserrat. These states are all members of the Eastern Caribbean Currency Union.

The other two associate members of the OECS do not use the Eastern Caribbean dollar as their official currency: the British Virgin Islands uses the US dollar and Martinique, as part of France, uses the euro.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#1
INTRODUCTION OF THE EAST CARIBBEAN DOLLAR

From Wikipedia:

In 1965, the British West Indies dollar of the now defunct West Indies Federation was replaced at par by the Eastern Caribbean dollar and the British Caribbean Currency Board was replaced by the Eastern Caribbean Currency Authority or ECCA (established by the Eastern Caribbean Currency Agreement 1965).

See: Coins of the British Caribbean Territories - Eastern Group.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#2
FIRST COINS OF THE EAST CARIBBEAN DOLLAR

From Wikipedia:

Between 1965 and 1983, the Eastern Caribbean Currency Authority issued the EC$, with banknotes from 1965 and coins from 1981. The EC$ is now issued by the Eastern Caribbean Central Bank, based in the city of Basseterre, in Saint Kitts and Nevis. The bank was established by an agreement (the Eastern Caribbean Central Bank Agreement) signed at Port of Spain on 5 July 1983.

Until 1981, the coins of the British West Indies dollar circulated. In 1981 two commemorative coins bearing the legend East Caribbean Territories were issued. In 1982 a new series of circulation coins was introduced in denominations of 1, 2, 5, 10 and 25 cents and 1 dollar. The first coins were all dated 1981. The 1- and 5-cent coins were scalloped in shape while the 2-cent coin was square. These three were struck in aluminum. The 10- and 25-cent coins were round and copper-nickel. The dollar was aluminum-bronze and also round. All the coins carried the Arnold Machin portrait of Queen Elizabeth II on their obverse.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#3
East Caribbean States 1c 1981.jpg

The scalloped 1 cent coin.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#4
ecs 2c 1981.jpg

A proof version of the square 2 cents coin.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#5
ECS 5c 1981-.jpg

The scalloped 5 cents coin.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#6
ECS 10c 1981.jpg


The 10 cents coin carried a design of Sir Francis Drake's Golden Hind on the obverse.

The design was adapted from the version that appeared on the coins of the British Caribbean Territories - Eastern Group.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#7
ecs 25c 1981.jpg


The 25 cents coin also used the design of the Golden Hind.

There was no 50 cents coin.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#8
ECS $1 1981.jpg

The dollar coin, the highest denomination of the series.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>


A nicer image of the reverse of the dollar coin.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#10
ECS 1981.jpg

Here you see the relative sizes of the coins in the set.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#11
ECs $1 1989.jpg



ECs $1 1995-.jpg


The round, aluminum bronze dollar coin was replaced in 1989 with a decagonal copper-nickel type.

It was minted up to and including the year 2000.


OLD DOLLAR COIN

Metal    Aluminium-bronze
Weight    8.2 g
Diameter    26.9 mm
Thickness    2 mm
Shape    Round


NEW DOLLAR COIN

Metal    Copper-nickel
Weight    8.0 g
Diameter    27.5 mm
Thickness    1.7 mm
Shape    Decagonal (10-sided)
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#12
ECS 1999.jpg

Here you see a 1999 set of coins. Only the 10 cents coin is missing.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#13
East Caribbean States 1c 2004.jpg


Several changes took place in 2002. Firstly the Machin portrait of the Queen was replaced by the Ian Rank-Broadley effigy.

Secondly, the non-round coins, namely the 1 cent, 2 cents, 5 cents and $1 coins, were replaced by round coins with a polygonal inner rim. These coins were of similar size and weight as the old coins and made of the same metals.

Below you see the new portrait and the new 1 cent coin.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

<k>

#14
ecs 2c 2002.jpg

The 2 cents coin.
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.