Bermuda Monetary Authority (Commemorative Coin Series) Regulations 2012
FA E R
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AT F
TQUO U

BERMUDA

BERMUDA MONETARY AUTHORITY (COMMEMORATIVE COIN SERIES)
REGULATIONS 2012

BR 82 / 2012

The Minister of Finance, in exercise of the powers conferred by section 13 of the
Bermuda Monetary Authority Act 1969 and on the recommendation of the Bermuda
Monetary Authority, makes the following Regulations:

Short title
These Regulations may be cited as the Bermuda Monetary Authority

(Commemorative Coin Series) Regulations 2012.

Interpretation
In these Regulations—

“Authority” means the Bermuda Monetary Authority; and

“commemorative coins” means the Bermuda Commemorative Coin Series, issued
in accordance with these Regulations.

Issue of commemorative coins
The Authority may, in accordance with the specifications set out in these

Regulations, issue commemorative coins which shall depict designs and features similar to
the birds, fish and frog displayed on currency notes issued under the Bermuda Monetary
Authority (Currency Forms and Designs, Etc.) Regulations 2007.

Denomination of commemorative coins
The denominations of the commemorative coins shall be as follows—

Coin 1 – one ounce silver - $2;

Coin 2 – one -twentieth ounce gold - $5; and

1

2

3

4

(a)

(b)

1

BERMUDA MONETARY AUTHORITY (COMMEMORATIVE COIN SERIES)
REGULATIONS 2012

Coin 3 – cupronickel - $0.25.

Form and design
The form and design of the commemorative coins shall be in accordance with the

sample coins deposited with the Authority and in particular—

the obverse design of every commemorative coin shall be the portrait by
sculptor Ian Rank-Broadley of Her Majesty Queen Elizabeth II in profile,
together with the inscriptions “BERMUDA”, “ELIZABETH II” and every
commemorative coin shall respectively bear the years—

“2011” (on the Bluebird commemorative coin);

“2012” (on the Blue Marlin commemorative coin);

“2013” (on the Blue Angel Fish commemorative coin);

“2014” (on the Whistling Frog commemorative coin);

“2015” (on the Longtail commemorative coin); and

“2016” (on the Red Cardinal commemorative coin);

the reverse design of every commemorative coin of the series shall
respectively depict—

a Bermuda Bluebird (Sialia sialis), perched in a bed of pink frangipani
flowers on the Bluebird commemorative coin;

a Blue Marlin (Makaira nigricans) leaping out of the sea on the Blue
Marlin commemorative coin;

a Blue Angel Fish (Holacanthus bermudensis) shown swimming over
brain coral and condylactis anemone on the Blue Angel Fish
commemorative coin;

a Whistling Frog (Eleutherodactylus gossei) sitting on a leaf on the
Whistling Frog commemorative coin;

a Bermuda Longtail (Phaethon lepturus catesbyi) coming in to land on
the Longtail commemorative coin; and

a Red Cardinal (Cardinalis cardinalis) perched on a tree branch on the
Red Cardinal commemorative coin;

the shape of every commemorative coin shall be round.

Standard weight and composition
The standard weight and composition of the commemorative coins, and the amount

of tolerance and variation allowed therein shall be as set forth in the Schedule.

(c)

5

(a)

(i)

(ii)

(iii)

(iv)

(v)

(vi)

(b)

(i)

(ii)

(iii)

(iv)

(v)

(vi)

(c)

6

2

BERMUDA MONETARY AUTHORITY (COMMEMORATIVE COIN SERIES)
REGULATIONS 2012

SCHEDULE

(regulation 5)

Remedy Allowance

Coin
Description

Standard
Composition

Standard
Weight

(grammes)

Standard
Diameter

(millimetres)
Edge Weight(grammes) Composition

Diameter
(millimetres)

one ounce
silver .999 Ag 31.604g 38.61mm milled -0+ 0.42g

Silver 92.5%
Ag
+/-7.5% Cu

+/-0.08mm

one-
twentieth
ounce gold

.9999 Au 1.555g 16mm milled +/-0.05g Gold 99.9%Au +/-0.08mm

cupro-
nickel
crown

Cu-Ni 28.28g 36.61mm milled +/-0.71g Copper 75%Nickel 25% +/-0.08mm

Made this 16th day of November 2012



Premier and Minister of Finance

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