Catalog
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| 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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| Reverse script | Latin |
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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.