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250 Pesetas Guineanas Maja Desnuda

Issuer Equatorial Guinea
Year 1970
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Weight 3.52 g
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Reverse lettering MAJA DESNUDA * GOYA *
(Translation: Naked Maja Goya)
Edge Reeded
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Additional information

Equatorial Guinea gained independence from Spain in October 1968, and within two years the Francisco Macías Nguema government had contracted a European mint to produce a flood of collector-targeted gold issues — none of which were ever intended for domestic circulation. This piece belongs to that first wave, issued almost entirely for foreign exchange revenue rather than any monetary function at home.

The KM#20.1 and 20.2 variants differ in the fineness marking on the edge, a detail introduced mid-production. Macías Nguema would later be executed by his own nephew in 1979 after one of the most brutal postcolonial dictatorships on the African continent.

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