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5 Dinars Independence, Essai
| Issuer | Banque Centrale d'Algérie |
|---|---|
| Year | 1972 |
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| Composition | Nickel |
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| Reverse description | Central device comprising a tall oil derrick rendered in fine line relief, symbolising Algeria's petroleum industry, overlaid at its base by a sheaf of wheat ears representing agricultural wealth. Fourteen five-pointed stars arranged in a circular arc surround the central device. The dates '1962' and '1972' appear in the lower field on either side, commemorating the tenth anniversary of Algerian independence. A toothed or reeded border runs along the full inner rim of the coin. |
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| Reverse lettering | 1962 1972 |
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| Additional information |
Algeria's 1972 coinage program followed a decade of post-independence monetary restructuring, with the Banque Centrale d'Algérie working to establish a fully sovereign currency infrastructure after the French franc's withdrawal. Essai pieces like this one were struck in limited numbers as pattern trials submitted for official approval — they rarely entered circulation and were typically distributed among government officials, mint archives, and select collectors.
KM#E5 is among the scarcer Algerian essais from this period, with documented examples appearing infrequently at auction.