CIMA Releases Commemorative Constitution Coin

(Grand Cayman, 16 November 2009) The Cayman Islands Monetary Authority (CIMA), in conjunction with the British Royal Mint, has issued a limited mintage numismatic coin set to mark the commencement of the 2009 Cayman Islands Constitution.

The commemorative coin issue, titled ‘50 Years of Constitutional Government’, comprises a gold proof ten-dollar and silver proof five-dollar coin. The reverse of each coin features the Cayman Islands coat of arms surrounded by the words ‘The Cayman Islands Constitution Order in Council 1959’ at the top and ‘The Cayman Islands Constitution Order 2009’ at the bottom.  The obverse bears a portrait of Her Majesty the Queen, highlighted with the words ‘Cayman Islands’ and ‘Elizabeth II’ and the year ‘2009’.

The composition of the two coins is 916.7 gold and .925 silver, respectively. A mintage limit of 125 gold and 300 silver pieces has been set.

Each collectors item is displayed in a velvet-lined presentation case and is accompanied by a certificate of authenticity attesting to its proof quality, legal tender status and limited mintage.

The cost of the coins is CI$305.62 (US$375.00) for the gold and CI$61.13 (US$75.00) for the silver. They are now available at the Currency counter in the Cayman Islands Monetary Authority, located in the Elizabethan Square, George Town, Grand Cayman.