...East Caribbean - $50 Polymer 2024 - Grenada 50th Year Of Independence 1974-2024

Organisation of Eastern Caribbean States
(Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, British Virgin Islands, Guadeloupe and Martinique)

Eastern Caribbean Central Bank (Est. 1983)      
Currency : Dollar (CXD)

 

This is a commemorative polymer note of $50 issued in August 2024 for the celebration of Grenada's 50th Year of Independence anniversary from the British. Despite gaining full independence, the country adopted a unitary parliamentary system with King Charles III as the Head of State (King of Grenada) and has been represented by a Governor-General, Dame Cecile Ellen Fleurette La Grenade since 2013. Grenada was one of the founding members of the Organisation of Eastern Caribbean States when it was first established on 18.06.1981. Prior to this, Grenada was a member of the West Indies Associated States (together with Antigua, Dominica, Saint Christopher, Nevis, Anguilla, Saint Lucia and Saint Vincent). Grenada's association ended in 1974 when it became independent.

 

The British officially invaded Grenada on 10.02.1763 under the Treaty of Paris. On 03.03.1967, the country was granted full autonomy and on 07.02.1974, it became fully independent with Eric Gairy (b.1922-1997) becoming the first Prime Minister, serving from 1974 to 1979.

 

Grenada is situated north of Trinidad and Tobago and consists of one main island and a few other smaller islands to the north. It has a small population of around 125,000+/-. Grenada briefly became world famous in the early 1980s. If you have followed world news then, you will remember that this tiny nation was invaded by the USA during the administration of President Ronald Reagan in 1983. The invasion was carried out due to differences in political ideological ideas and policies among the ruling party and the USA. At that time, the Grenada government was very friendly to Cuba (and to the Soviet Union) and because of this the USA was not too happy to have a pro Cuban nation so close to home that may pose a security threat to them. I believe this is the only USA's invasion of a foreign power that ended successfully since the end of the Second World War in 1945. The invasion was brief and only lasted for 8 days (25.10.1983-02.11.1983). Despite having a much superior firing power against the Grenadian forces (and the Cubans), the USA lost 19 of its soldiers in this conflict.

This commemorative banknote honours famous people of Grenada for their pivotal roles in shaping Grenada's history. The designs for this note incorporates Grenada's culture and landmarks and it's achievements since gaining independence.

 

This note is printed in vertical format, both front and back on SAFEGUARD® polymer substrate. It is believed that more commemorative banknotes will be issued when other members of the Eastern Caribbean States celebrate their 50th Anniversary of Independence at a later date. Grenada was the first country to gain independence and as such the first member to issue this commemorative note. Out of the eleven members, Anguila is still a member of the British Overseas Territory and has not chosen to become an independent state yet. The Guadeloupe and Martinique are colonies of France and I believe they have been using the Euro currency since 2002. The British Virgin Islands is using the United States dollar, despite the name 'British'.

This note is undated (nd2024). So far, only two prefixes have been signed - AA and AB. According to the Eastern Caribbean Central Bank's website, this is a limited edition and the notes are only made available in Grenada only. However, this commemorative note is valid for legal tender in any of the member countries of the Eastern Caribbean Currency Union. In addition to single note, special $50 notepacks are also sold for those who wish to keep this commemorative note as a souvenir and the issue prices are as follows; -

$50 Commemorative Bank Note Pack - US$30 per set;

$50 Golden Jubilee Commemorative Magazine - US$30 per set; and

$50 Commemorative Bundle Package $50 Note and Magazine - US$50 per set.

(Courtesy of De La Rue)

  

Fifty Dollars

Governor - Timothy N.J. Antoine (since 2016-)

Printer - De La Rue 

Prefix - AA

Dimensions - 69.5mm x 146mm

 

Front - Portrait of Sir Eric Matthew Gairy (b.1922-1997), the first Prime Minister of Grenada from 1974 to 1979. Whilst Eric Gairy was out of the country in 1979, Maurice Rupert Bishop staged a coup d'état and installed himself as the second Prime Minister. Prior to that, Eric Gairy was the Premier of Grenada from 1967 to 1974, and before that was the Chief Minister from 1961 to 1962. Next to him is the Grenadian famous Olympian 400 meters runner champion Kirani James who won a gold medal in the 2012 London Olympics, a silver medal in the 2016 Rio Olympics and a bronze medal at the 2021 Tokyo Olympics. I believe he was not involved in the 2024 Paris Olympics. Below Eric Gairy is a silhouette of three people (family of three) appearing to be celebrating. To the right are the islands (map) of Grenada. The smaller maps are printed over a waterfall. There are at least seven waterfalls in Grenada but I am not sure which one this waterfall is related to. At the bottom is the silhouette of Maurice Bishop International Airport with a commercial airplane taxiing on the tarmac.

Back - Portrait of Maurice Rupert Bishop (b.1944-1983). He was the second Prime Minister of Grenada from 1976 to 1983. He was overthrown by his deputy Winston Bernard Coard (b.1944) on 13.10.1983 and executed on 19.10.1983 by Winston Bernard Coard's followers. He died at the age of 39 years old. Winston Bernard Coard then went on and ruled the country from 13.10.1983 to 19.10.1983 before he too was removed by General Hudson Austin (b.1938-2022). General Hudson Austin only ruled Grenada for 6 days before the USA's invasion. After the invasion, both Winston Bernard Coard and General Hudson Austin were put on trial and both were sentenced to death in 1986. In 1991, their sentences were then commuted to life and in 2007 both were released as free men. Whilst General Hudson Austin died in 2022, Winston Bernard Coard is still alive today. He has given up politics since he was freed in 2007. Below the portrait of Maurice Rupert Bishop is a woman dancing and supported by a musician team of three men playing drums.

 

Fifty Dollars

Governor - Timothy N.J. Antoine (since 2016-)

Printer - De La Rue 

Prefix - AB

Dimensions - 70mm x 145mm

 

Front - Fourteen tactile dots in the shape of a triangle are featured in the top left corner where the denomination of "50" is situated. To the right and below the Eastern Caribbean Central Bank's name, the commemorative text of "50 Years Grenada's Independence" is printed and over the image of Kirani James running, the following text is printed - "The difficult we do right away. The impossible will take time". At the bottom below the commercial plan, the following text is repeatedly printed in two rows in two different colours - One People One Journey One Future.

 

Back - Next to the portrait of Maurice Rupert Bishop are the two large digits of "50" representing 50 years of independence. The following text is printed over the two digits - Forward ever; backward never. At the bottom of the note is the bird-eye view of Grenada's capital city - Saint Georg's.

I personally find it interesting to see this note honouring both Eric Gairy and Maurice Rupert Bishop. Eric Gairy was allegedly reported to be very autocratic and corrupt during his term in office, and Maurice Rupert Bishop removed Eric Gairy, who was then the elected Prime Minister not via a democratic means but by force. I suppose they are still considered as national heroes in Grenada. I wonder what Winston Bernard Coard's opinion on the designs of this note is?