World coins chat: Turks & Caicos Islands

9 posts
The Turks & Caicos Islands are a British overseas territory east of the Bahamas and north of Hispaniola, and have a population of around 35,000. In the early 16th century, the Spanish discovered it and stripped the entire local Taíno population to work on the plantations on Hispaniola. Besides being a pirate hangout, no one settled there until the early 19th century, when British colonists (some of them Loyalists from the now independent USA) started cotton plantations on the islands. It was administered from Jamaica or the Bahamas, but is now administered separately as a British territory. There is some support however for either full independence or a union with Canada, as the islands are popular with Canadian tourists.

Turks & Caicos Islands use the US Dollar (probably since 1966 or 1970) for currency. There are only non-circulating coins with the territory's name on them.
http://tcmuseum.org/collections/coins/

The museum says they're legal tender too  B.
Administrateur du catalogue, référent de nombreuses nations antiques et de la Lorraine.
Catalogue administrator, numerous Antique nations and Lorraine referee.
Quote: chomp-masterhttp://tcmuseum.org/collections/coins/

The museum says they're legal tender too  B.
Legal tender is one thing. Actual use quite another.
Quite true. Mainly bring back by tourists as it says too. It remembers a deleted "country" in Caucasia, which is fewly recognized...

I would like to find the currency exchange rate between these Turks-and-Caicos Crowns ans their main currency aka. US Dollar...
Administrateur du catalogue, référent de nombreuses nations antiques et de la Lorraine.
Catalogue administrator, numerous Antique nations and Lorraine referee.
Assuming T&C switched to USD the same moment the Bahamas did at a rate of $2.80 per £, a Crown would be worth $0.70.

Again, the Crown coins are official, no doubt about that. They are just not used for making payments. If you like them just collect them, as anyone is free to collect anything they wish.
I've just seen an auction starting for €8 for a Quarter Crown, located in France. Quite high to start I think.
Administrateur du catalogue, référent de nombreuses nations antiques et de la Lorraine.
Catalogue administrator, numerous Antique nations and Lorraine referee.
There are also some tokens minted by the West Caicos Sisal Company in 1900-1910. See THIS Heritage Auction.
I don't think those coins were legal tender as the US had a military base there and when the US military base left in 1981, the whole territory was using the US dollar.
The first military base was established in 1954. The tokens were minted sometime in 1900-1910. The tokens were only legal at the company store also.

https://www.visittci.com/grand-turk/about/navfac-grand-turk

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