The designation of "The Bahamas" can refer to either the country or the larger island chain that it shares with the Turks and Caicos Islands. As stated in the mandate/manifesto of the Royal Bahamas Defence Force, the Bahamas territory encompasses 470,000 km. (180,000 sq mi) of ocean space. The Bahamas were the site of Columbus' first landfall in the New World in 1492.
At that time, the islands were inhabited by the Lucayan, a branch of the Arawakan-speaking Taino people. The islands were mostly deserted from 1513 until 1648, when English colonists from Bermuda settled on the island of Eleuthera. The Bahamas became a British Crown colony in 1718, when the British clamped down on piracy. After the American War of Independence, the Crown resettled thousands of American Loyalists in the Bahamas; they brought their slaves with them and established plantations on land grants.
Africans constituted the majority of the population from this period. Slavery in the Bahamas was abolished in 1834. Today the descendants of slaves and free Africans make up nearly 90% of the population; issues related to the slavery years are part of society. The Bahamas became an independent Commonwealth realm in 1973, retaining Queen Elizabeth II as its monarch.
In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada). Its economy is based on tourism and finance.
World-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more. Ilya Zlobin is an independent individual who has a passion for coin collecting, research and understanding the importance of the historical context and significance all coins and objects represent. Send me a message about this and I can update your invoice should you want this method. Getting your order to you, quickly and securely is a top priority and is taken seriously here. Great care is taken in packaging and mailing every item securely and quickly.
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