Catalog
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| Issuer | Central Bank of Liberia |
|---|---|
| Year | 2002 |
| Type | Non-circulating coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Additional information |
The ECU — European Currency Unit — ceased to exist on January 1, 1999, replaced by the euro at a fixed 1:1 rate. Liberia's decision to issue ECU-denominated collector pieces three years after the unit's abolition places this squarely in the territory of the fantasy issue: coins produced for the collector market rather than any monetary function, trading on nostalgia for a currency that never existed in physical form.
The Spain connection references the ECU's Spanish advocacy during the Maastricht negotiations of the early 1990s.