2020-06-09 Tue

Between 1612 and 1624, the first Bermudian circulating coinage was of 2, 3, and 6 pence and 1 shilling nicknamed “Hogge Money” because on the obverse there was the depiction of a pig. This is considered as the start of the coinage of Bermuda. However, for a period of 2 – 3 centuries the coinage of Bermuda underwent a lot of changes.

Finally, in 1970, Bermuda dropped all other denominations and decimalized its currency and introduced the Bermudian dollar sub-divided into 100 cents. Coins in the denominations of 1 (bronze till 1988; later copper-plated steel), 5, 10, 25, and 50 cents (all denominations in cupro-nickel) were issued.

Bermuda has issued commemorative coins celebrating important events, historical milestones, flora & fauna, etc. One of them is the series to remember the greatest mystery of the world known as the Bermuda Triangle.

In 1996, Bermuda began minting a series of coins to publicize the mystery of the “Bermuda Triangle”. The coins are three-sided (in the form of a triangle) and are in the denominations of $3 or a multiple of 3. These coins are nicknamed the “Bermuda Triangles” and are made on special lobed triangular planchets of gold or silver.

The obverse of the coin depicts the left-facing effigy of Queen Elizabeth II in a triangular vignette inscribed by the denomination, name of the queen, and the year of issue on the left, right, and the bottom respectively. The reverse of the coin depicts shows a map of Bermuda, a compass, and a sinking ship with the name of the country at the bottom.

Image Courtesy: exclusivecoins.blogspot.com