Bahamas 1985 2500 dollars

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Stack's Bowers November 2015 sale, lot 30126
Bahamas SB0715-30126r.jpg

This specimen was lot 30126 in Stack's Bowers ANA sale (Chicago, August 2015), where it sold for $18,212.50. The catalog description[1] noted, "BAHAMAS. 2,500 Dollars, 1985. Elizabeth II (1952-Present). NGC PROOF-69 ULTRA CAMEO. VERY RARE. From a mintage of only 37 pieces. Struck in 0.917 fine gold and containing a massive 11.9296 Troy ounces of gold AGW." This enormous object is a medallion masquerading as a coin. At $1280/oz, its melt value is $15,360. Columbus's discovery is the main historical event to have occurred in the Bahamas, which is why he is honored on KM 111, KM 112 (shown here), KM 116, KM 119, KM 121, KM 125, KM 126, KM 130, KM 131, KM 135, KM 151, KM 175 in gold and KM 107, KM 110, KM 120, KM 123, KM 124, KM 129, KM 132, KM 133, KM 134, KM 139, KM 153, KM 196, KM 197 in silver.

Recorded mintage: 37.

Specification: 407.26 g, 0.917 fine gold, 12.00 troy oz AGW, 72 mm diameter.

Catalog reference: Fr-36; KM-112.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Ponterio, Richard, and Todd McKenna, The November 2015 Baltimore Auction, World Coins and Paper Money, featuring the Ray Czabor Collection and selections from the Strong Museum, Santa Ana, CA: Stack's Bowers LLC, 2015.

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