Cayman Islands Gold Coins - $50 Dollars Gold Coin of 1977, Queen Elizabeth I - "Queens of England".
coin weighs .1823 ounces of pure gold.
Elizabeth set out to rule by good counsel, and she depended heavily on a group of trusted advisers led by William Cecil, Baron Burghley. One of her first moves as queen was the establishment of an English Protestant church, of which she became the Supreme Governor. This Elizabethan Religious Settlement later evolved into today's Church of England. It was expected that Elizabeth would marry and produce an heir so as to continue the Tudor line. She never did, however, despite numerous courtships. As she grew older, Elizabeth became famous for her virginity, and a cult grew up around her which was celebrated in the portraits, pageants, and literature of the day.
In government, Elizabeth was more moderate than her father and half-siblings had been. One of her mottoes was "video et taceo" ("I see, and say nothing"). In religion she was relatively tolerant, avoiding systematic persecution. After 1570, when the pope declared her illegitimate and released her subjects from obedience to her, several conspiracies threatened her life. All plots were defeated, however, with the help of her ministers' secret service. Elizabeth was cautious in foreign affairs, moving between the major powers of France and Spain. She only half-heartedly supported a number of ineffective, poorly resourced military campaigns in the Netherlands, France, and Ireland. In the mid-1580s, war with Spain could no longer be avoided, and when Spain finally decided to attempt to conquer England in 1588, the failure of the Spanish Armada associated her with one of the greatest military victories in English history.
Elizabeth's reign is known as the Elizabethan era, famous above all for the flourishing of English drama, led by playwrights such as William Shakespeare and Christopher Marlowe, and for the seafaring prowess of English adventurers such as Francis Drake. Some historians are more reserved in their assessment. They depict Elizabeth as a short-tempered, sometimes indecisive ruler, who enjoyed more than her share of luck. Towards the end of her reign, a series of economic and military problems weakened her popularity. Elizabeth is acknowledged as a charismatic performer and a dogged survivor, in an age when government was ramshackle and limited and when monarchs in neighbouring countries faced internal problems that jeopardised their thrones. Such was the case with Elizabeth's rival, Mary, Queen of Scots, whom she imprisoned in 1568 and eventually had executed in 1587. After the short reigns of Elizabeth's half-siblings, her 44 years on the throne provided welcome stability for the kingdom and helped forge a sense of national identity.