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3000 Francs New York, rhodium

Issuer Cameroon (1960-date)
Year 2022
Type Non-circulating coin
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Reverse script Latin
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Edge Plain
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Additional information

Rhodium — the platinum-group metal that briefly became more expensive than any other element on earth when prices spiked above $29,000 per troy ounce in early 2021 — lends this piece its primary selling point. Cameroon has issued collector coinage through foreign minting arrangements for decades, with the legal tender status of such pieces holding little practical weight domestically.

The New York series follows a pattern of Cameroonian-licensed issues produced almost entirely for the international numismatic market, struck in facilities well outside Africa.

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