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1500 Francs CFA Nelson Mandela
| Issuer | Republic of the Congo |
|---|---|
| Year | 2010 |
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| Value | 1500 Francs CFA |
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| Composition | 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 | A facing bust portrait of Nelson Mandela is depicted in the central field, rendered in fine relief with naturalistic detail of his facial features. The legend NELSON MANDELA arcs along the upper periphery within a beaded inner border. The date of his birth, 18 JUILLET 1918, is inscribed along the lower arc within the beaded border, while the issue year 2010 appears to the right of the portrait in the field. |
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| Additional information |
The Republic of the Congo — not to be confused with the Democratic Republic of the Congo — has issued a steady stream of small-format gold pieces through the Frankfurt-based coin distributor MDM, largely targeting the collector market rather than domestic circulation. This Mandela issue appeared sixteen years after his 1994 presidential inauguration, part of a broader wave of African commemoratives that flooded the market around his 90th birthday in 2008.
At 0.5 grams, the gold content is negligible by bullion standards. These were sold at substantial premiums over spot.