1 oz silver Rum Runner 2019 Eastern Caribbean N°1 / 8 EC2

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New

18,34 €

Data sheet

Q5 coins / skin board
Legal tender$2
Year2019
CapsuleYes
Mintage25 000
MintSCOTTSDALE MINT
Minimum metal content ( gr )31.15
Diameter ( mm )38.6
ConditionBU

More info

Scottsdale Mint, in partnership with the Eastern Caribbean Central Bank (ECCB), is pleased to continue the EC8 program with the release of the second issue in the "Rum Runner" series from Antigua & Barbuda.  The coin's image depicts an 18th century pirate overseeing his crew as they onload some of the finest rum in the world from Antigua & Barbuda.  Manufactured and distributed by Scottsdale Mint, each coin is struck in .999+ silver and .9999+ gold and weighs one troy ounce.  

The silver "Rum Runner" BU coins will ship in capsules on Scottsdale Mint skin boards of five (5) coins.  The gold "Rum Runner" BU coins will ship in Scottsdale Mint's Certi-Lock® packaging.  The silver color commemorative and gold color commemorative "Rum Runner" coins will ship in capsules inside custom boxes.  The relationship between Rum and the Caribbean can be traced back to 1493 when Columbus first visited Antigua. Keen on the tropical climate and virgin soil, he decided it was the perfect place to offload his cargo of sugar cane trimmings from the Canary Islands. For nearly 150 years’ locals cultivated the plant for molasses, honey, and sugarcane juice.  In 1632 the English colonized Antigua and Barbuda and brought with them their fermentation and distillation abilities – dramatically altering the intended use of the sugar cane plant.
 
Like any frontier, alcohol had to be imported and was expensive as a result. The invention of rum and the subsequent demand for this cheaper and abundant libation turned sugar cane into the island’s staple crop nearly overnight. Rum became so profitable that other cash crops like tobacco, indigo, and ginger were replaced with sugar; the new economic backbone of the islands.
 
The first large sugar estate was established in 1674, and competition for rum sales – as well as the security that armed ships provided - quickly heated up.  The Caribbean island governors concocted a plan to offer discount pricing on rum to the Royal Navy in hopes of gaining protection from the pirates of the Caribbean.  As it were, pirates were making a killing – literally and figuratively – by capturing the prized cargo of lesser vessels and running the spoils (rum) to the heavily taxed colonies in North America and West Indies.

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