5 Centimes - Muhammad V

These pieces were struck under the Husainid bey Muhammad V al-Nasir during the French Protectorate, when Tunisia's coinage was administered jointly through the Régence de Tunis framework — the bey's name appeared on the coins while Paris controlled monetary policy entirely. The nickel-brass alloy was a wartime compromise; the years 1918–1920 bracket the transition out of World War I, when base metal substitutions across French-administered territories had become institutionalized out of necessity rather than preference.