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2000 Dobras Pseudo Millennium

Issuer São Tomé and Príncipe
Year 1998
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Reference(s) KM#98
Obverse description The national coat of arms of São Tomé and Príncipe is centrally placed in the field, depicting two African grey parrots flanking a shield bearing a palm tree, surmounted by a five-pointed star and a scroll with the national motto. The legend REPÚBLICA DEMOCRÁTICA DE S. TOMÉ E PRÍNCIPE is arranged in three lines above the arms, with the date 1998 inscribed below in the lower field. The design is struck on a polished proof surface within a plain rectangular border.
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Additional information

São Tomé and Príncipe issued a wave of commemorative silver in the late 1990s aimed squarely at the collector market — not domestic circulation. The "Pseudo Millennium" label is telling: the coin was struck in 1998 and marketed around millennial themes despite the actual millennium being two years out, a common commercial maneuver by small-nation mints licensing their sovereignty to foreign promoters. The actual issuing authority had minimal involvement in design or distribution.

KM#98 belongs to a cluster of issues from this period where the Banco Central de São Tomé e Príncipe lent its imprimatur to privately arranged contracts, a practice that drew scrutiny from the numismatic trade in the early 2000s.

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