100 Dollars - Elizabeth II

This coin predates Bahamian independence by six years — the islands remained a British Crown Colony until 1973. The 1967 issue was part of a commemorative gold series authorized ahead of the anticipated transition, giving the colonial government a mechanism to generate hard currency revenue from collector demand rather than from trade. The $100 denomination had no practical circulation function; it was priced well beyond everyday use from the moment it left the mint.

The Fraser number Fr#1 designation confirms this as the foundational issue of Bahamian gold coinage.