Author Topic: Coinage of the East Caribbean States  (Read 658 times)

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Offline <k>

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Coinage of the East Caribbean States
« on: August 10, 2018, 10:32:57 PM »

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.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #1 on: August 10, 2018, 10:44:10 PM »
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.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #2 on: August 10, 2018, 10:50:59 PM »
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.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #3 on: August 10, 2018, 10:53:21 PM »
The scalloped 1 cent coin.
« Last Edit: June 16, 2019, 07:58:56 PM by <k> »

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #4 on: August 10, 2018, 10:55:45 PM »
A proof version of the square 2 cents coin.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #5 on: August 10, 2018, 10:57:28 PM »
The scalloped 5 cents coin.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #6 on: August 10, 2018, 11:03:06 PM »
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.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #7 on: August 10, 2018, 11:04:25 PM »
The 25 cents coin also used the design of the Golden Hind.

There was no 50 cents coin.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #8 on: August 10, 2018, 11:27:28 PM »
The dollar coin, the highest denomination of the series.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #9 on: August 10, 2018, 11:28:28 PM »

A nicer image of the reverse of the dollar coin.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #10 on: August 10, 2018, 11:31:25 PM »
This image shows you the relative sizes of the coins in the set.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #11 on: August 10, 2018, 11:38:35 PM »
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)

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #12 on: August 10, 2018, 11:41:01 PM »
Here you see a 1999 set of coins. Only the 10 cents coin is missing.

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #13 on: August 10, 2018, 11:48:46 PM »
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.
« Last Edit: June 16, 2019, 07:49:51 PM by <k> »

Offline <k>

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Re: Coinage of the East Caribbean States
« Reply #14 on: August 10, 2018, 11:50:35 PM »
The 2 cents coin.