Even though Queen Anne's proclamation of 1704 brought the gold standard to the West Indies, silver pieces of eight (Spanish dollars and later Mexican dollars) continued to form a major portion of the circulating currency right into the latter half of the nineteenth century. Britain adopted the gold standard in 1821 and an imperial order-in-council of 1838 resulted in British sterling coinage being introduced to St. Vincent in the year 1839.
Queen Anne's proclamation of 1704 did not fully implement a gold standard for the West Indies; silver pieces of eight (Spanish dollars and later Mexican dollars) remained a significant currency until late in the nineteenth century. Britain adopted the gold standard in 1821, and an imperial order-in-council from 1838 introduced British sterling coinage to St. Vincent in 1839.