Catalog
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| Issuer | Liberia |
|---|---|
| Year | 2002 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Liberia made a cottage industry of novelty legal-tender issues in the late 1990s and early 2000s, licensing its sovereign coinage authority to foreign distributors who produced collector pieces with no connection to the country's economy or history. This piece — denominated in dollars for a West African republic whose currency was already called the dollar — was aimed squarely at the American commemorative market during the sesquicentennial enthusiasm around Gold Rush anniversaries.
The California Gold Rush of 1848–1855 prompted the U.S. Congress to authorize the San Francisco Mint in 1852, which opened in 1854 specifically to process the volume of raw gold coming out of the Sierra Nevada foothills.