Cayman Islands 1977 100 dollars Fr-3

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from the Stack's Bowers June 2021 Collector's Choice sale, lot 70519
SB621-70519r.jpg

This specimen was lot 70519 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, June 2021), where it sold for $750. The catalog description[1] noted, "CAYMAN ISLANDS. 100 Dollars, 1977. NGC PROOF-68 Ultra Cameo. Celebrating the five previous queens-regnant in England--Elizabeth I, Mary I, Mary II, Anne, and Victoria--the charming proof issue features a great deal of frosting to the devices with just a slight degree of mirrored brilliance evident upon the reverse." This NCLT sold well enough to be minted in 1975, 1976 and 1977. It was accompanied by a silver fifty dollars (KM 12). Another 100 dollars issued in 1977 (KM 15) honored the queen's silver jubilee. The islands are now famous as a tax haven and banking center much patronized by drug lords, ousted dictators and others seeking to avoid publicity.

Recorded mintage: 2,846.

Specification: 22.68 g, 0.500 fine gold, 27 mm diameter, AGW: 0.3646 oz.

Catalog reference: Fr-3; KM-13.

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]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The June 2021 Collector's Choice sale: World and Ancient Coins, Costa Mesa, CA: Stack's Bowers LLC, 2021.

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