Product Description
Specifications
1992 Bahamas $100 Discovery of the New World 1kg Silver Proof Coin
Product Overview
The 1992 Bahamas $100 Discovery of the New World 1kg Silver Proof Coin is a substantial commemorative issue struck by The Perth Mint for the Commonwealth of The Bahamas to mark 500 years since Christopher Columbus's 1492 voyage across the Atlantic.
Struck in .999 fine silver and measuring approximately 101mm in diameter, this impressive kilo-format coin depicts the three ships associated with Columbus's first voyage – the Niña, Pinta and Santa Maria.
Issued as legal tender of The Bahamas with a face value of $100, the coin has a limited mintage of just 1,500 pieces. It is supplied in a wooden presentation box with Certificate of Authenticity.
Key Features & Benefits
- 1 Kilo Silver Coin – An impressive large-format commemorative silver issue.
- .999 Fine Silver – Struck in 99.9% silver.
- Proof Finish – Produced as a collector-focused proof issue.
- 500th Anniversary Issue – Commemorates 500 years since Columbus's 1492 Atlantic voyage.
- Three Ships Design – Features the Niña, Pinta and Santa Maria.
- Limited Mintage – Just 1,500 coins issued.
- $100 Bahamas Legal Tender – Issued for the Commonwealth of The Bahamas.
- Perth Mint Production – Struck in Australia by The Perth Mint.
- Wooden Presentation Box & COA – Supplied in a wooden presentation box with Certificate of Authenticity.
Design & Craftsmanship
The reverse depicts the Niña, Pinta and Santa Maria, the three ships associated with Christopher Columbus's first Atlantic voyage in 1492. The maritime scene is accompanied by the inscription DISCOVERY OF THE NEW WORLD, together with the names of the three vessels and the anniversary dates 1492 – 1992.
The reverse was designed by sculptor and medallist Alex Shagin, whose initials ASH appear within the design.
The obverse features the Raphael Maklouf portrait of Queen Elizabeth II, accompanied by the inscription COMMONWEALTH OF THE BAHAMAS and the 1992 year-date. Maklouf's initials RDM appear beneath the portrait.
At approximately 101mm in diameter, the kilo format provides a broad canvas for the detailed maritime design, while the proof finish creates contrast between the raised design elements and reflective fields.
Authentication & Specifications
Mint: The Perth Mint
Issuing Country: The Bahamas
Year: 1992
Product Type: Commemorative Silver Proof Coin
Metal: Silver
Purity: 99.9% / .999 Fine Silver
Weight: 1 Kilo
Diameter: Approx. 101mm
Denomination: $100
Finish: Proof
Mintage: 1,500
Obverse: Queen Elizabeth II
Obverse Designer: Raphael Maklouf
Reverse: Niña, Pinta and Santa Maria
Reverse Designer: Alex Shagin
Edge: Reeded
Packaging: Wooden Presentation Box with Certificate of Authenticity
Packaging & Availability
This 1992 Bahamas Discovery of the New World 1kg Silver Proof Coin is supplied in a wooden presentation box with Certificate of Authenticity.
With a limited mintage of only 1,500 coins, this is an unusual large-format commemorative issue combining a kilo of silver with Perth Mint production and an important 500th-anniversary theme.
Discover More
Explore our range of silver coins, including large-format silver coins, historic commemoratives and collectible releases from The Perth Mint and other leading mints.
Frequently Asked Questions
What is significant about the 1992 Discovery of the New World silver coin?
The coin was issued to mark the 500th anniversary of Christopher Columbus's first Atlantic voyage in 1492. The anniversary, substantial one-kilo format and limited mintage of 1,500 distinguish it from more conventional commemorative silver coins of the period.
Why did The Bahamas issue a Christopher Columbus commemorative coin?
The Bahamas has a direct connection with the 1492 voyage. Columbus's first recorded landfall in the Americas occurred on an island in the Bahamian archipelago in October 1492, giving the 500th anniversary particular significance to The Bahamas.
What makes this coin appealing to collectors?
The coin brings together several areas of collecting in one issue: large-format silver, Perth Mint production, world commemorative coinage, maritime history and a limited mintage of 1,500. This example also includes its wooden presentation box and Certificate of Authenticity, adding to its appeal as a more complete vintage presentation.
Why is the one-kilo format unusual for a commemorative coin?
At approximately 101mm in diameter, the coin is considerably larger than a conventional commemorative coin. The kilo format gives the maritime artwork significantly more space and creates a substantial display piece while incorporating approximately one kilogram of .999 fine silver.
Condition Note: This is a vintage collectible. Minor imperfections to the coin, Certificate of Authenticity, wooden presentation box or other packaging may be present and are considered consistent with age, storage and previous handling. Individual examples may vary slightly in appearance.