Cayman Islands 1990 25 dollars

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from the Stack's Bowers 2019 NYINC sale, part of lot 40065
Cayman Is SB119-40065g.jpg

This specimen was part of lot 40065 in Stack's Bowers NYINC sale (New York, January 2019), which sold for $2,400. The catalog description[1] noted, "CAYMAN ISLANDS. Four Piece Proof Set, 1990. BRILLIANT PROOF. 25, 50, 100, and 250 Dollars. Struck to commemorate the 25th Anniversary of the death of Sir Winston Churchill. Includes certificate of authenticity serial #485. Brilliant with hard mirror fields and frosted cameo devices. From a mintage of only 500 pieces." This type was issued for the Cayman Islands for the 1988 Olympics. The island group south of Cuba was long ruled from Jamaica but came under separate administration after Jamaica obtained her independence in 1962. It is now famous as a tax haven and banking center much patronized by drug lords, ousted dictators and others seeking to avoid publicity.

Recorded mintage: 500 proofs.

Specification: 3.13 g, 0.999 fine gold.

Catalog reference: Fr-40; KM-PS28 (set of four), KM 104.

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, Kyle Ponterio, Matt Orsini and Cris Chatigny, The January 2019 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2018.

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