1 Peseta Guineana

Issuer Equatorial Guinea
Year 1969
Type Standard circulation coin
Value 1 Peseta
Currency Peseta (1969-1975)
Composition Aluminium bronze
Weight 3.42 g
Diameter 19.5 mm
Thickness 1.66 mm
Shape Round
Technique Milled
Orientation Coin alignment ↑↓
Engraver(s)
In circulation to
Reference(s) KM#1
Obverse description Crossed elephant tusks, date below and year of issue in stars
Obverse script Latin
Obverse lettering REPUBLICA DE GUINEA ECUATORIAL 19 *1969* 69
(Translation: Republic of Equatorial Guinea)
Reverse description Coat of arms, denomination
Reverse script Latin
Reverse lettering 1 PESETA GUINEANA UNIDAD PAZ JUSTICIA
(Translation: 1 Guinean Peseta Unity Peace Justice)
Edge Reeded
Mint
Mintage 1969 - `19` and `69` date incuse in six-pointed stars (Madrid mintmark) -
Numisquare ID 5037649320
Additional information

Historical Context: The 1969 1 Peseta Guineana marks a seminal period for Equatorial Guinea. Issued a year after its 1968 independence from Spain, this coin, cataloged as KM#1, represents the nation's inaugural coinage under its first president, Francisco Macías Nguema. The "Peseta Guineana" denomination intentionally referenced the former colonial currency while unequivocally establishing a new, sovereign monetary identity, symbolizing the country's newfound independence and its initial steps towards economic autonomy.

Artistry: This foundational issue showcases a nationalistic and clear aesthetic. The obverse prominently features the national coat of arms, centered on the iconic silk-cotton tree (Ceiba), a powerful national symbol. Six stars represent the mainland and island territories, with the motto "UNIDAD PAZ JUSTICIA" (Unity, Peace, Justice) below. The reverse plainly displays "1 PESETA GUINEANA" and the year "1969" in straightforward typography, often within simple decorative elements, prioritizing legibility and national pride.

Technical/Grading: Struck in aluminium bronze, weighing 3.42 grams and measuring 19.5 millimeters, this coin exhibits typical alloy characteristics. Critical high-points for grading include the fine details of the Ceiba tree on the obverse—its trunk texture and leaf definition—and the sharpness of the motto. On the reverse, the crispness of the "PESETA GUINEANA" inscription and date are paramount. Weak strikes can sometimes diminish finer elements, especially within the coat of arms. Original luster significantly impacts higher grades.

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