In observance of the 50th Anniversary of the Eastern Caribbean Currency Authority (ECCA) banknotes and the 32nd Anniversary of the Eastern Caribbean Central Bank (ECCB), the ECCB will issue a limited quantity of painted commemorative circulation one-dollar coin in October.
The coin is the exact shape and size of the existing one-dollar coin. The reverse side of the coin will bear some of the features of the ECCA one-dollar banknote which is no longer in circulation, while the obverse side will carry the usual portrait of Queen Elizabeth II.
The Royal Canadian Mint, which has been minting EC currency coins for the past five years, used pad printing technology in the production of the new colourful coin. This method represents the next step in the evolution of painted coins and results in greater resistance to wear and tear.
The ECCB was established in 1983 and is the monetary authority for: Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Kitts and Nevis, Saint Lucia and St Vincent and the Grenadines.