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20 Dollars Pierre Werner
| Issuer | Central Bank of Liberia |
|---|---|
| Year | 2002 |
| Type | Non-circulating coin |
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| Obverse description | The obverse displays the national coat of arms of Liberia centrally, depicting a sailing ship at sea, a palm tree, a rising sun, a dove in flight, and a plough and spade in the foreground, all within a decorative shield surmounted by a scrolled banner bearing the national motto THE LOVE OF LIBERTY BROUGHT US HERE. The legend REPUBLIC OF LIBERIA arcs along the upper periphery, and a second inscription REPUBLIC OF LIBERIA appears on a ribbon at the base of the shield. The date 2002 is divided on either side of the central device in the field. |
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| Reverse script | Latin |
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| Additional information |
Pierre Werner, Luxembourg's Prime Minister from 1959 to 1974, is best remembered for the 1970 Werner Report — the first serious blueprint for European monetary union, proposing a complete economic and currency union within a decade. Politics killed it. The oil shock of 1973 and the collapse of Bretton Woods shredded the political will, and the plan was shelved for nearly twenty years before resurfacing, substantially intact, as the framework for the Maastricht Treaty.
Liberia's Central Bank issued a long run of silver commemoratives in the early 2000s honoring European statesmen, largely marketed to collectors outside Africa. Werner died in June 2002, the same year this coin was struck.