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Friday 30 November 2018

859) "Spice Island of the Caribbean", Grenada: Fifth Coin out of 8 to be issued in the "Eastern Caribbean Gold & Silver Bullion and Commemorative Coin Programme" ("EC8 Programme") - all coins to be released in 2018: Gold Bullion Coins (10 Dollars) and Silver Bullion Coins (2 Dollars)

859) "Spice Island of the Caribbean", Grenada:  Fifth Coin out of 8 to be issued in the "Eastern Caribbean Gold & Silver Bullion and Commemorative Coin Programme" ("EC8 Programme") - all coins to be released in 2018: Gold Bullion Coins (10 Dollars) and Silver Bullion Coins (2 Dollars)

Scottsdale Mint in collaboration with the Eastern Caribbean Central Bank (ECCB) has initiated for the first time, a Gold and Silver Bullion and Commemorative Coin Programme titled - the "EC8". Scottsdale Mint har earlier brought out popular coins like the "Cayman Islands Marlin" and "Hokusal" and "The Great Wave").

The "EC8" Coin Programme will consist of four coins minted in 2018 on behalf of each of the eight Caribbean Island Members (CIM) that comprises the ECCB - Anguilla, Antigua & Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Kitts & Nevis, Saint Lucia and Saint Vincent & the Grenadines.

Some of these nations have never had a gold or silver bullion coin issued for them, but the present series will have a unique design for each country being released/issued throughout the year.

The ECCB is the official issuer of the Eastern Caribbean Dollar - the currency of the "EC8 2018 Coin Programme".

All coins are legal tender in the territories of all 8 members that comprise the ECCB.

The fifth Coin issue features the "Spice Island of the Caribbean", Grenada:

The 2018 ECCB Grenada Coin depicts scuba divers exploring beautiful coral reefs and a centuries old shipwreck in the ocean depths off the coast of Grenada, known as the "Spice Isle of the Caribbean". It is renowned for not only its natural beauty, ship wrecks and its spices - such as nutmeg - but also its spectacular scuba diving.

Grenada boasts of some of the most gorgeous coral reefs in the Caribbean and a one of a kind underwater sculpture park. It is a scuba diver's paradise.

Grenada is a country in the West Indies, in the South-eastern Caribbean consisting of the island of Grenada and six smaller islands at the Southern end of the Grenadines Island chain. It is located North-west of Trinidad & Tobago, North-east of Venezuela and South-west of St. Vincent and the Grenadines.

The Coins:

                 The Reverse of the 10 Dollars Gold Bullion Coin


The Reverse of the 10 Dollars Gold Bullion Coloured Commemorative Coin

The Reverse on both the coins depicts the "Spice Island of the Caribbean", Grenada. The image depicts scuba divers exploring coral reefs and a centuries old ship-wreck in the ocean depths.

The inscriptions are - 'GRENADA" and "2018".


On the Obverse of the 10 Dollars Gold Bullion Coin is seen an image of Queen Elizabeth II facing right. The Queen's effigy is shown surrounded by a pair of  leaves. 

The peripheral inscriptions are - "EASTERN CARIBBEAN CENTRAL BANK", "10 DOLLARS", "1 Oz .9999 GOLD", "QUEEN ELIZABETH II".

The specifications of the 10 Dollars Gold Bullion Coin are:

Theme: Deep Sea diving exploring coral reefs and old ship-wreck; Country of Origin: Grenada; Denominational value: 10 Dollars; Mint: Scottsdale; Diameter/Size: 38.6 mm; Weight: 31.1 grams; Metal Composition: .9999 Fineness Gold (Au); Mintage: Proof - 500 pieces, Brilliant Uncirculated - 2,500 pieces; Coin Quality: Proof with selective colouring and Brilliant Uncirculated; Peripheral Design: Both Obverse and Reverse rims feature wavy radial lines making the coin harder to duplicate and providing a measure of security.

The Proof Coins (both Gold & Silver issues) are housed in a capsule which is kept in a custom-made box and come with a Certificate of Authenticity (COA).


               The Reverse of the 2 Dollars Silver Bullion Coin



The Reverse of the 2 Dollars Silver Bullion Coloured Commemorative Coin

The Reverse on both the coins depicts the "Spice Island of the Caribbean", Grenada. The imagery depicts scuba divers exploring coral reefs and a centuries old ship-wreck in the ocean depths.

The inscriptions are - "Grenada", and "2018".

On the Obverse of the 2 Dollars Silver Bullion Coin is seen an image of Queen Elizabeth II facing right.


The peripheral inscriptions are - "EASTERN CARIBBEAN CENTRAL BANK", " 2 DOLLARS", "1OZ .999 SILVER", "QUEEN ELIZABETH II".

The specifications of the 2 Dollars Silver Bullion Coin are:

Theme: Deep Sea divers exploring coral reefs and a centuries old ship-wreck; Country of Origin: Grenada; Denominational value: 2 Dollars; Mint: Scottsdale; Diameter/Size: 39.0 mm; Weight: 31.1 grams or 1 Oz; Metal Composition: .999 Fineness Silver (Ag); Mintage: Proof - 2,500, Brilliant Uncirculated - 25,000 pieces; Coin Quality: Proof with selective colouring and Brilliant Uncirculated; Peripheral Design: Both Obverse and Reverse rims feature wavy radial lines making the coin harder to duplicate and providing a measure of security.

The Proof Coins, both Gold and Silver, are housed in a capsule, which is kept in a custom made box and is accompanied with a Certificate of Authenticity (COA).


The coin placed in an elegant custom made box in a capsule and accompanied with a Certificate of Authenticity (COA)
                         The paper-made Cover of the custom-made box












For some other interesting posts on Currencies of the Caribbean Sea and the Atlantic Ocean, please visit the following links:

1) Currency and Coinage of the Commonwealth of the Bahamas - The Bahamian Dollar and Cents 








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