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1 Dollar - Elizabeth II HMAV Bounty, Silver Proof Issue

Issuer Pitcairn Islands
Year 1989
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Shape Round
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Obverse script Latin
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Reverse description A highly detailed rendering of HMAV Bounty under full sail occupies the central field, depicted on a slightly choppy sea with a rocky coastline visible to the right, evoking the waters near Pitcairn Island. The rigging, hull timbers, and billowing sails are rendered with fine engraving detail against the polished proof field. The legend HMAV BOUNTY arcs along the upper left in large raised letters, while the bicentennial date range 1789 · 1989 is inscribed vertically along the right periphery.
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Additional information

Pitcairn issued this coin under a licensing arrangement with the Pobjoy Mint, which has produced the vast majority of the island's commemorative coinage since the late 1970s — a practical necessity given that Pitcairn has no mint, no bank, and a permanent population that has never exceeded a few dozen souls. The island's only real economic infrastructure is philatelic and numismatic sales, making issues like this one less a currency than a revenue mechanism.

The Bounty herself was deliberately run aground and burned by Fletcher Christian and the mutineers in January 1790, just months after arriving at Pitcairn, to prevent detection by the Royal Navy.

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