The first English coins to circulate in North America were struck in Bermuda.
It is approximately 1,070 km (665 mi) east-southeast of Cape Hatteras, North Carolina; 1,236 km (768 mi) south of Cape Sable Island, Nova Scotia; and 1,576 km (979 mi) north of Puerto Rico. Bermuda is self-governing, with its own constitution and its own government, which enacts local laws, while the United Kingdom retains responsibility for defence and foreign relations.
The island was administered as an extension of Virginia by the Company until 1614.
Its spin-off, the Somers Isles Company, took over in 1615 and managed the colony until 1684.
Two years later, a flotilla of seven ships left England under the Company's Admiral, Sir George Somers, and the new Governor of Jamestown, Sir Thomas Gates, with several hundred settlers, food and supplies to relieve the colony of Jamestown.
Somers had previous experience sailing with both Sir Francis Drake and Sir Walter Raleigh. As the flagship, the Sea Venture, was taking on water, Somers drove it onto Bermuda's reef and gained the shores safely with smaller boats – all 150 passengers and a dog survived.