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Bonaire, Saba And Saint Eustatiusm - Offcial Currency?

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United States
539 Posts
 Posted 08/16/2011  6:32 pm Show Profile   Bookmark this topic Add weavus135 to your friends list Get a Link to this Message Number of Subscribers
I've read that the Netherlands Antilles was dissolved. I'm not sure I completely understand that statement but I was wondering if the three listed islands are now official issuers of currency. I know they have coins dated 2011 but are they on their way to UN status? I didn't find anything on the UN site. Just looking for some insight as to whether or not I need to add these 'countries' to my OFEC list or not.
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Sap's Avatar
Australia
16805 Posts
 Posted 08/16/2011  11:15 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The Netherlands Antilles, the last tiny remnants of the once-mighty Dutch Empire, has had a long and painful extinction, but it is now finally extinct.

The five remaining islands all voted in a four-option referendum on their status in 2005; only St Eustatius voted to remain in the Netherlands Antilles, and none of them voted for full independence as republics.

Bonaire and Saba voted to become integral parts of the Netherlands itself, with limited autonomy - in effect, becoming on par with other local city councils in the Netherlands, just like Martinique and Guadelupe are integral parts of France. Since there wasn't any point in having a "federation" with only one member, St Eustatius also chose limited autonomy.

They have not, and will not for the foreseeable future, issue their own separate coinages. According to Wikipedia, the three fully Dutch islands have switched to the US dollar. I assume they chose the dollar rather than the euro for practical reasons, because their economies are tourist-powered and most of the tourists come from the US; as "overseas territories" they are not automatically considered part of the Eurozone, though apparently this status is scheduled to be revised in 2015.

The other two former members of the Netherlands Antilles, Curacao and St Maarten, voted to become separate nations under the Dutch crown, the same status held by Aruba (just like Canada and Australia are separate nations under the British crown). They still use the old Antillean guilder for now. They were originally going to be issuing their own separate currencies but now plan on replacing it with a new common currency, the "Caribbean guilder", next year.

This is the only "new' currency expected to emerge out of the dissolution of the Netherlands Antilles.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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augsburger's Avatar
Germany
1062 Posts
 Posted 08/16/2011  11:35 pm  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
Another dumping ground for US dollar coins perhaps?
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United States
539 Posts
 Posted 08/17/2011  7:31 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply
I've seen their new coins on a coin selling site. They must be NCLT or something unofficial. They are indeed dollar based
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Australia
16805 Posts
 Posted 08/17/2011  8:52 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Yep. Joelscoins has them for sale here; he describes them as "unofficial". They look like they were made by the same mob that made the "unofficial" Cocos-Keelings, Niue, Galapagos Islands, Cabinda, assorted Native American tribes, and other "unofficial coin sets" aimed at OFEC collectors in recent years.

If your collection only includes "real coins" from "real countries", don't buy these sets.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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United States
539 Posts
 Posted 08/19/2011  7:34 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply

Quote:
If your collection only includes "real coins" from "real countries", don't buy these sets


that's funny Sap. I have an OFEC collection and even though I either have things or have things on my want list that would not be classified 'real coins from real countries', I have been trying to limit it to at least NCLT from real countries or real coins from real coin issuing entities as listed in Krause.

I guess I will pass on them unless they can be had for a whole lot cheaper. Those are pretty expensive for tokens!
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