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250 Pesetas Guineanas Maja Desnuda

Issuer Equatorial Guinea
Year 1970
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Currency Peseta (1969-1975)
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Obverse description The national coat of arms of Equatorial Guinea is displayed centrally in the field, featuring a shield with a silk-cotton tree above an open sea, flanked by two crossed elephant tusks forming a prominent decorative motif. Six stars arc above the shield, and a banner below reads 'UNIDAD PAZ JUSTICIA'. The country name legend 'REP. DE GUINEA ECUATORIAL' curves around the upper periphery, while the denomination '250 PESETAS GUINEANAS' appears along the lower rim. The date '1970' and fineness notation 'LEY 900' are inscribed in the mid-field on either side of the shield, with a rectangular fineness countermark stamp visible at the lower left.
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Mintage 1970 - KM#20.1 (fineness countermark at 8 o0clock by tusk base) - 3,500
1970 - KM#20.2 (fineness countermark at 4 o`clock by tusk base, mintage included in KM#20.1) -
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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