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1000 Dobras Hummingbird Hologram

Issuer Banco Central de São Tomé e Príncipe
Year 1998
Type Non-circulating coin
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Obverse script Latin
Obverse lettering REPÚBLICA DEMOCRÁTICA DE S. TOMÉ E PRÍNCIPE UNIDADE DISCIPLINA TRABALHO 1000 DOBRAS 1998
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Additional information

São Tomé e Príncipe issued a wave of commemorative silver in the late 1990s almost entirely for the collector export market — the islands' own monetary economy ran largely on the dobra's troubled exchange rate against the Portuguese escudo and, after 1999, the euro-pegged arrangement with Portugal. This piece was never intended to circulate. Hologram technology on collector coins peaked as a novelty in exactly this period, and numerous small island nations monetized that novelty aggressively through foreign licensing arrangements with European minting houses.

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