In February 1969, the Bermuda Monetary Authority was established by statute. Its primary initial function was to give effect to the Agreement between the Governments of the United Kingdom and Bermuda granting a large measure of protection to Bermuda’s official sterling reserves.
The Bermuda Monetary Authority is pleased to issue this 50th anniversary coin, which consists of a special three-sided, triangle shape coin, in dominations of .25, $2 dollar and $5 dollar. The reverse side features a detailed sketch of the Bermudian archipelago with a compass rose and the inscriptions ‘Bermuda Monetary Authority’, 50th Anniversary and the denomination value on the circumference. The obverse bears a portrait of Her Majesty the Queen in profile by the sculptor Ian Rank-Broadley.
Over the last 50 years, the Authority has evolved to meet the changing needs in the financial services sector. It now supervises and regulated all financial institutions operating in the jurisdiction. In addition, it continues to issue Bermua’s national currency and manages exchange control transactions.
|Standard||Denomination||Diameter||Weight||Alloy||Edge Type||Issue Limit||Prices|
|50th Anniversary $2 Silver Proof||$2||35.00mm||34.04g||0.925 Ag||Plain||-||Market|
|50th Anniversary $5 Gold Proof||$5||15.00mm||1.555g||0.999 Au||Plain||-||Market|
|50th Anniversary 25c Cupronickel Brilliant Uncirculated||25 cents||35.00 mm||17.25g||Cu/Ni75/25||Plain||-||Market|