This coin is one of six that were first issued in 2006. Due to the tremendous popularity of the first issue which is totally sold out at the mint, they decided to reissue the coins in 2012. It begs the question, what is a territory with a population of 300 doing putting out all these coins? Tristan da Cunha is a territory of the UK off the west coast of Africa in the South Atlantic and is described as the most remote island on Earth! Well, if they’re going to strike coins then their choice of Privateering Ships of the South Atlantic strikes me as ideal.