Coins
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Pineapple | Coat of arms |
In 1966, coins were introduced in denominations of 1, 5, 10, 15, 25, 50 cents and 1 dollar. The 1 cent was struck in nickel-brass, the 5, 10, and 15 cent in cupronickel, the 25 cent in nickel, and the 50 cent and 1 dollar in silver. The 10 cent was scallop shaped, whilst the 15 cent was square. Silver coins were not issued for circulation after 1966. Bronze replaced nickel-brass in the 1 cent in 1970, followed by brass in 1974 and copper-plated zinc in 1985. In 1989, cupro-nickel 50 cent and 1 dollar coins were issued for circulation, although they did not replace the corresponding banknotes.
The current 1, 5, and 25 cent coins are about the same size as their U.S. counterparts but with different metal compositions. The 15 cent coins are still produced by the Central Bank but are not commonly used. All coins now bear the Bahamian Coat of Arms on one side with the words "Commonwealth of The Bahamas" and the date. The reverses of the coins show objects from Bahamian culture with the value of the coins in words. The 1 cent has a starfish, the 5 cent a pineapple, the 10 cent two bonefish, the 15 cent a hibiscus, and the 25 cent a native sloop.
Read more about this topic: Bahamian Dollar
Famous quotes containing the word coins:
“No Time, spoke the clocks, no God, rang the bells,
I drew the white sheet over the islands
And the coins on my eyelids sang like shells.”
—Dylan Thomas (19141953)
“A war undertaken without sufficient monies has but a wisp of force. Coins are the very sinews of battles.”
—François Rabelais (14941553)