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100 Pesetas Ancient ship

Issuer Sahrawi Arab Democratic Republic
Year 1990
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Currency Peseta (1975-date)
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Obverse description The national arms of the Sahrawi Arab Democratic Republic displayed in the central field, comprising two crossed rifles flanked by olive branches, with a crescent and five-pointed star above, and a scroll bearing the Arabic legend below. The denomination '100 PESETAS' appears in the lower exergue. The circular legend 'REPUBLICA ARABE SAHARAUI DEMOCRATICA' runs along the outer rim.
Obverse script Latin/Arabic
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Additional information

The Sahrawi Arab Democratic Republic has never controlled a functioning economy or maintained a working monetary system — it governs, at best, refugee camps in southwestern Algeria and a thin strip of liberated territory. These coins were struck for the international collector market, not for circulation, produced under license by foreign mints as a revenue stream for a government-in-exile recognized by roughly 80 states but not by the country that physically holds the territory it claims.

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