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The Bahamas gained independence from Great Britain on 10 July 1973. On this issue the head of Queen Elizabeth II, which had been employed up to that date, was replaced by the Coat of Arms of the islands (even though she was still the Queen of the newly independent state). |
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| Obverse | |
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At centre, Coat of Arms of The Bahamas: a shield, depicting the Santa Maria ship of Christopher Columbus below a rising sun, supported by a marlin and a flamingo; the shield in surmounted by a helmet with a conch shell and leaves; below on ribbon, FORWARD UPWARD ONWARD TOGETHER; around, COMMONWEALTH OF THE BAHAMAS; below, the date 1974. |
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| Reverse | |
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At centre above wreath of sea-weed, a conch shell and a small fish; above, between an inner beaded half-circle and beaded outer full circle, the denomination ONE DOLLAR. The mint mark is under the wreath of sea-weed. |
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| Reverse Inscription |
ONE DOLLAR |
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| Edge | Milled | Edge Inscription | None |
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