|Coin||Silver Ounce 2020 Pax et Justitia|
Saint Vincent and the Grenadines is a sovereign island country in the Caribbean which uses the Eastern Caribbean Dollar (EC$) as its currency; it is the common currency of six independent states and two British Overseas Territories. The EC$ has both common and national issues. All common circulating coins are issued under the authority of the Eastern Caribbean Central Bank and have no issuing country specified on them. Separately, each member country can also strike coins bearing its national symbols; these coins are legal tender in all members states, and are usually commemorative or bullion not intended for general circulation. Most of the member states share the same monarch with the United Kingdom, so that the effigy of the monarch is displayed on the coins and banknotes of the currency.
Saint Vincent and the Grenadines has authorised some foreign mints to strike coins under its issuing authority for collector's purposes. Some of these are in popular bullion formats, such as one troy ounce (1 oz) of silver.
This coin is part of the third edition of the Eastern Caribbean 8 (EC8) series of premium bullion coins by the Scottsdale Mint, which has a new annual design for each country of the Organisation of Eastern Caribbean States (OECS). The 2020 design for Saint Vincent and the Grenadines is called Pax et Justitia (Peace and Justice) - after the motto on the national Coat of Arms, which is displayed on the reverse of the coin.
The obverse of the coins shows the crowned mature head of Queen Elizabeth II facing right (her effigy known as the "Fourth Portrait"). The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Machin and the Gottwald portraits.
Normally, the artist's initials IRB (for Ian Rank-Broadley) are below the portrait when it is used; however, they are not displayed here.
The effigy is surrounded by a laurel wreath. The central circle has a frosted finish.
In the rim, within a plain border, around above the name of the issuing authority: EASTERN CARIBBEAN CENTRAL BANK. Around below, the legend of the monarch, QUEEN ELIZABETH II.
Facing outward, around below left the precious metal content of the coin: 1 OZ .999 SILVER (one troy ounce of 99.9% silver); around below right, the face value TWO DOLLARS.
The reverse of the coin depicts the country’s Coat of Arms, or national seal. It is based on the colonial badge in use from 1907 to 1979 and features two women in classical Roman dress. The standing woman on the heraldic right (viewer's left) extends an olive branch, the universal symbol of peace, and the kneeling woman holds the scales of justice over a gold altar between them. Below the shield, a ribbon with the motto PAX · ET · JUSTITIA (translated from Latin: Peace and Justice).
The background contains a handsome diamond pattern, paying homage to St. Vincent and the Grenadines’ central location - uniquely situated with the St. Lucia to the North, Barbados to the East, Grenada to the South, and the Caribbean Sea to the West.
Around above in the outer rim of the coin, the country name in a capitalised serif font: SAINT VINCENT & THE GRENADINES; around below, the date of issue 2020.
Finish: bullion proof-like.
Packaging: in capsule, with 5 coins in a sealed blister strip.
Coins issued in the EC8 series in 2020 include:
- Anguilla, 1 oz Gold, Coat of Arms of Anguilla, 2020
- Anguilla, 1 oz Silver, Coat of Arms of Anguilla, 2020
- Antigua and Barbuda, 1 oz Gold, Rum Runner, 2020
- Antigua and Barbuda, 1 oz Silver, Rum Runner, 2020
- Dominica, 1 oz Gold, Hummingbird, 2020
- Dominica, 1 oz Silver, Hummingbird, 2020
- Grenada, 1 oz Gold, Caribbean Reef Octopus, 2020
- Grenada, 1 oz Silver, Caribbean Reef Octopus, 2020
- Montserrat, 1 oz Gold, Montserrat Oriole, 2020
- Montserrat, 1 oz Silver, Montserrat Oriole, 2020
- Saint Kitts and Nevis, 1 oz Gold, Siege of Brimstone Hill, 2020
- Saint Kitts and Nevis, 1 oz Silver, Siege of Brimstone Hill, 2020
- Saint Lucia, 1 oz Gold, Whiptail Lizard, 2020
- Saint Lucia, 1 oz Silver, Whiptail Lizard, 2020
- Saint Vincent and the Grenadines, 1 oz Gold, Pax et Justitia, 2020
- Saint Vincent and the Grenadines, 1 oz Silver, Pax et Justitia, 2020