"The Clunies-Ross family had complete control over the islands until 1978 where John Cecil (Ross V) sold them to the Commonwealth of Australia for $4.75m USD. This however, did not include the family home. The Commonwealth had already been administering the islands since 1955. This was the same time where the Australian Dollar became the main currency and all prior tokens became demonetized."
it all depends on what point of view we take.
If we accept the fact that the Australian dollar is the determinant then the 1968 tokens must go to exonumia.
If we accept the fact that the determinant is the moment of selling the islands in 1978, then the 1977 coins should return to the main catalog.
Regards,
Damian
As i said above, depends on what criteria we take. Below so information from schon catalog - by google translator:
Area: 14 km2; 1237 inhabitants.
The islands in the Indian Ocean were discovered by Captain William Keeling in 1609 and in 1927 by John Clunies Ross
who rose as Ross I. to be king. Two currencies were in circulation on the Keeling Islands. On West Island where the
When the Australian administration was based, the Australian dollar was valid while on Home Island, under the sovereignty of the family
Clunie's Ross, the coconut rupee was in circulation. The coins denominated in rupees were freely convertible money. The exchange rate was
Tied 1: 1 to the Singapore dollar. In September 1978 King Ross V sold his territory for 3 million pounds sterling
to Australia. The inhabitants of the Coconut Islands voted in a referendum in 1984 under the supervision of the United Nations for the
Integration with Australia decided. Only since January 1, 1994 have all Australian laws been in effect on the Coconut Islands
Force.
100 cents = 1 coconut rupee; since 1978: 100 cents = 1 Australian dollar
(Currency parity up to September 1978: 1 coconut rupee = 1 Singapore dollar)
Before coins were issued, the following plastic plantation tokens were in circulation:
1st edition 1913
Coat of arms, country name. Reverse indication of value, inscription, year. 5, 10, 25, 50 cents, 1, 2, 5 rupees (beige).
2nd edition 1968
Coconut palm, country name. Reverse indication of value in ornament. 1, 5, 10, 25, 50 cents (blue), 1, 2, 5, 10, 25 rupees (red).
I think it will be the best solution as this islands were never independent country or just move them under Australia.
The islands were discovered in 1609 by William Keeling, but no settlement occurred until the early 19th century. One of the first settlers was John Clunies-Ross, a Scottish merchant; much of the island's current population is descended from the Malay workers he brought in to work his copra plantation. The Clunies-Ross family ruled the islands as a private fiefdom for almost 150 years, with the head of the family usually recognised as resident magistrate. The British annexed the islands in 1857, and for the next century they were administered from either Ceylon or Singapore. The territory was transferred to Australia in 1955, although until 1979 virtually all of the island's real estate still belonged to the Clunies-Ross family. https://en.wikipedia.org/wiki/Cocos_(Keeling)_Islands
Regards,
Damian
