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100 Dollars 2010, Cayman Islands

in Krause book Number: 43a
Years of issue: 04.04.2011
Edition:
Signatures: Minister of finance: Mr. McKeeva Bush, Managing director: Mrs. Cindy Scotland
Serie: Serie D (2010)
Specimen of: 2010
Material: Cotton fiber
Size (mm): 156 х 66
Printer: TDLR (Thomas de la Rue & Company), London

* All pictures marked magnify are increased partially by magnifying glass, the remaining open in full size by clicking on the image.

** The word "Specimen" is present only on some of electronic pictures, in accordance with banknote images publication rules of appropriate banks.

100 Dollars 2010

Description

Watermark:

watermarkThe green sea turtle (Chelonia mydas), also known as the green turtle, black (sea) turtle, or Pacific green turtle, is a large sea turtle of the family Cheloniidae. It is the only species in the genus Chelonia. Its range extends throughout tropical and subtropical seas around the world, with two distinct populations in the Atlantic and Pacific Oceans. The common name comes from the usually green fat found beneath its carapace.

An abbreviation "CIMA" (Cayman islands Monetary Authority). The cornerstones are in all corners.

Avers:

100 Dollars 2010

HM The Queen Elizabeth II HM The Queen Elizabeth II.

This portrait of Her Majesty is adapted from a photograph, taken in Sandringham House by Mark Lawrence in 1999. (Peter Symes)

Her Majesty is shown wearing The Grand Duchess Vladimir of Russia's Tiara.

Tiara

The Grand Duchess Vladimir Tiara.

No tiara is complete without a fascinating backstory, and this one's even got a daring escape. Made by Bolin, it glittered at the Russian royal court on the head of Grand Duchess Vladimir until the revolution, when it was left behind as the family fled. A British agent and friend smuggled it out of Russia to rejoin the exiled Grand Duchess and her collection. After her death, the tiara was bought from her daughter by Queen Mary. It's worn often today by the Queen with pearl or emerald drops, or occasionally with no drops. The pearl drop option has been the most popular with the Queen in recent years, probably owing to her love of white gowns in the evening and accompanying white jewels.

This tiara was inherited by the Grand Duchess's daughter, the Grand Duchess Helen who subsequently married Prince Nicholas of Greece. Queen Mary bought the tiara from Princess Nicholas in 1921. The tiara has fifteen pearl drops but Princess Mary had fifteen emeralds mounted in such a way that they are interchangeable with the pearls. In this illustration, Her Majesty is wearing the tiara with the pearl drops.

Also on Her Majesty is The Diamond Chandelier Drop Demi-Parure.

Chandelier necklace

A matched set of a necklace and a pair of earrings, this demi-parure is made of diamonds in multiple intricate pendants, each tipped with a pear-shaped diamond drop. Its provenance has not been officially confirmed, but it certainly has the look of a gift from one of the Middle Eastern rulers, and the Queen did wear it during a 1987 state visit from King Fahd of Saudi Arabia. (I am using a name that refers to its complicated pendant structure, since the gift is not confirmed).

The Queen has used this set fairly often, even for some official portraits. It is a slightly more grand option than pieces such as the King Khalid Diamond Necklace (very similar, and a confirmed Saudi gift), the Diamond Pear-Shaped Pendant Fringe Necklace, or the King Faisal Diamond Necklace (another confirmed Saudi gift). "From her Majesty's Jewel vault".

The Coat of arms of Cayman islands is centered and on hologram strip.

coat Cayman islands

The Cayman Islands’ coat of arms consists of a shield, a crested helm and the motto. Three green stars, representing each of the three inhabited Islands (Grand Cayman, Little Cayman and Cayman Brac), are set in the lower two-thirds of the shield. The stars rest on blue and white wavy bands representing the sea. In the top third of the shield, against a red background, is a gold lion passant guardant (walking with the further forepaw raised and the body seen from the side), representing Britain. Above the shield is a green turtle on a coil of rope. Behind the turtle is a gold pineapple.

The turtle represents the Caymans seafaring history,

the rope, its traditional thatch-rope industry,

and the pineapple, its ties with Jamaica.

The islands’ motto, “He hath founded it upon the seas”, is printed at the bottom of the shield. This line, a verse from Psalm 24 Verse 2, acknowledges the Caymans’ Christian heritage, as well as its ties to the sea.

The proposal for a coat of arms was approved by the Legislative Assembly in 1957, and public input was sought on its design. The Royal Warrant assigning “Armorial Ensigns for the Cayman Islands” was approved by Her Majesty’s command on 14 May 1958.

Also, centered, is the map of Cayman Islands.

schooner schoonerAcross all field of banknote, also centered, is The "Cayman Turtler" schooner.

On banknote is the collective image of this type of schooner. While it was not possible to establish exactly - what ship exactly was taken as prototype for engraving. At first I thought that this is SS Goldfield, because in some articles I red that Goldfield was the perfect example of Cayman Turtler schooner. But, I did not found any photos, where The Goldfield was depicted with 2 sails in front, as depicted on banknote. Thats why, that is my personal opinion, I thinking, that as prototype was taken the photo of Cayman Turtler "Wilson".

Until the 1900s, the small craft used were dugout canoes, but in 1904, Captain Daniel Jervis on Cayman Brac designed and built the first catboat, a small, highly maneuverable double-ended boat, that proved ideal for catching turtles. Thereafter, it became the ubiquitous mode of transport in the days before good roads and motor vehicles, transporting goods and people from place to place along the coastlines.

That boat was first Cayman Turtler!

Cayman Islands were discovered by Columbus in 1503, during his last expedition to the West Indies. In those days, on the uninhabited island, a favorite refuge of local pirates, occasionally frequented by Caribbean Indians. At the beginning of the island because of the abundance of turtles in coastal waters are called tortoiseshell, and in 1530 was renamed in Cayman (from the Spanish word caiman - an alligator).

In 1670 the islands became part of the British Empire. The first inhabitants, immigrants from Jamaica, mainly hunted catching turtles. In this they succeeded, almost completely destroying them. Subsequently, the islanders became famous as a skilful shipbuilders.

On Grand Cayman today has a one of a kind Turtle Farm. The institution is under the control of the state and is primarily intended to increase the populations of sea turtles, and for the maintenance of the farm there is a Turtle commercial program - the export of meat and shells of green turtles, and tourists bring a very considerable profit.

Here is what wrote the English biologist, scientist and writer Archie Carr in his book "The Windward Road" in the late 1950s:

"One after another, destroyed the famous turtle breeding grounds. First they disappeared in Bermuda and then on the banks of the Greater Antilles. Soon came to naught and the Bahamas then fishing vessels began to cross the Gulf Stream and ravage the coast of Florida, where in previous years tag for the turtles were a common sight than chicken coops If industrialist Charles Peak in 1886 caught near Sebastian's two thousand five hundred green turtles, the 1895 he was able to get only sixty. And this is where huge herds before green turtles graze impact les broad mouths of the rivers and the eastern coast of the northern part of the peninsula shoals and large herd annually come to breed in the Dry Tortugas.

Only one breeding area found himself in the side, and its dimensions were amazing all the people who have visited there. It was the Cayman Islands. Accumulation of breeding turtles here was so great that supports large turtle fishery America.

The history of this fishing area, its rise and fall, predatory destruction of the female turtle in seasons egg laying, the plight of people who had no other livelihood but persistent and widespread destruction of declining turtle stud, all this is very significant for the human relationship with the environment and its impact on the depletion of natural resources.

Bernard Lewis told us the sad story about the depletion of the area and the penetration of CI manufacturers in other people's gardens. First, fishing vessels hunted just south of Cuba, but soon the herd of turtles have been wiped out, and the industrialists had to find new places. They built larger ships and began to explore for new places of fishing. Soon they discovered huge turtle grazing in the shallows at the Mosquito coast of Nicaragua, about three hundred and fifty miles from the island of Grand Cayman. There were many islands, on which there was fresh water, the sea is shallow with plenty of bars and rocks, and stretched for miles Thalassia testudinum, and the local herd of turtles like the ones that met CI grandfathers captains. It happened a little more than a hundred years ago. and still Cayman industrialists are major exporters of green turtles and shoals Mosquito - most important place of fishing of turtles that come to the US market. The need for fast and more sophisticated fishing vessels has generated great carpenters, shipbuilders, and a shortage of people who know how to manage Su llamas and contributed to the fact that Caymanians become excellent sailors. However, the fishing fleet that once numbered thirty perfectly built schooners now no more than five or six.

In ancient times, the Cayman Islands, settled people, whose whole life depended on the presence of green turtles, and because the animals were in the shallows of the Mosquito if cornered. I do not want to prove that the people of the Cayman Islands will be the ones who cause the green turtle and the last fatal blow. These people, and all the other hunters hunted turtles on pastures, a strike that animals can endure. Turtles are able to withstand the more powerful blows - they are very hardy animals".

Denominations in numerals are in lower left and top right corners. Centered, lower, in words.

Also in numerals are on hologram strip and on right side, in round hologram window.

Revers:

100 Dollars 2010

Melongena melongenaIn top left corner is The Conch shell.

Melongena melongena - common name the Caribbean crown conch, is a species of large sea snail, a marine gastropod mollusk in the family Melongenidae, the crown conches and their allies. is a medium to large carnivorous gastropod with a low spire, large body whorl, and prominent vertical curved white spines on the shoulder of each whorl that give the species its common name. It has a glossy shell that is brownish-grey to purple with white to yellow-white spiral bands. The columella is thick and white, and the operculum is robust and horny.

GeorgetownAerial view at financial center in George Town, capital of Cayman islands, located on Big Cayman island.

George Town is a city situated on Grand Cayman island of the Cayman Islands. It serves as the capital of the Cayman Islands, in the British West Indies.

George Town is the heart of the Cayman Islands financial services industry (there are close to 600 Bank and Trust companies in the Cayman Islands). The Caymanian government offices are located in the city.

Remote geographical position of islands hampered their economic development up to the 40s of the twentieth century, when it was open direct flights to the nearest strongholds of civilization - Miami, Houston, Memphis, Jamaica, Atlanta and London.

Today, Grand Cayman is considered the fifth largest financial center after London, New York, Tokyo and Hong Kong. The Cayman Islands are not only well-known offshore financial center, but also a popular tourist center with excellent facilities for scuba diving.

In related infrastructure has evolved as increased offshore financial transactions. And now the islands have the most modern facilities of the highest quality connection.

Today, many of the largest companies of the world, including "Arthur Andersen", "Coopers and Lybrand", "Deloitte & Touche", "Ernst & Young", "KPMG Peat Marwick" and "Price Waterhouse" have fully equipped offices on Grand Cayman, and law firms working-class lawyers, perfectly oriented in an international business environment.

Favorable tax laws and strict compliance with the Law on secrecy of bank deposits is actively stimulated the growth of the financial sector. According to the "Confidential Relationships Law" the disclosure of classified information to a third party is a criminal offense. However, the Government of the Cayman Islands has made it clear that confidentiality is incompatible with the secretion of criminals or create the conditions for illegal activities.

In 1984, the US signed an agreement on access to information, if it can serve as a proof of belonging to drug trafficking. Later it signed a comprehensive treaty on mutual legal cooperation ("Mutual Legal Assistance Treaty"), which has recently been ratified and signed into law. It provides assistance in solving all crime, recognized by both sides, but does not deal with the taxation of non-criminals.

Denominations in numerals are in lower left and top right corners. In lower right corner in words.

Comments:

The signatures on banknote are:

William McKeeva BushWilliam McKeeva Bush.

William McKeeva Bush, JP OBE (born 20 January 1955) is a Caymanian politician and the former Premier of the Cayman Islands, as well as Minister of Finance. Bush, the leader of the United Democratic Party, is the first elected member for the district of West Bay, and has served seven consecutive terms in the Legislative Assembly of the Cayman Islands representing that constituency. He was removed from his post as Premier in a vote of no confidence following his arrest in December 2012 and was succeeded by Julianna O'Connor-Connolly. Mr. Bush has since been found Not-Guilty of corruption by the Grand Court of the Cayman Islands in 2014 and was acquitted of all charges made against him. He is the country's longest ever serving political figure with service spanning over 30 years.

Mrs. Cindy ScotlandMrs. Cindy Scotland.

Cindy Scotland has served as the Managing Director of the Cayman Islands Monetary Authority since June 2002. In this role she oversees the implementation of policies to ensure the sound management of the Cayman Islands’ currency and the effective supervision of the more than 14,000 regulated entities operating in and from the Cayman Islands. She also has responsibility for the development and maintenance of strong working relationships between CIMA and other international regulatory bodies.

The Cayman Islands dollar has been pegged to the United States dollar at 1 Cayman Islands dollar = 1.2 U.S. dollars since 1 April 1974.