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5 Francs Belgium - King Philippe

Issuer Banque Centrale du Congo
Year 1999
Type Non-circulating coin
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Obverse lettering BANQUE CENTRALE REPUBLIQUE DEMOCRATIQUE 19 99 DU CONGO 5 FRANCS
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Reverse lettering MAISONS ROYALES D'EUROPE DES SIECLES DERNIERS LE ROI DES BELGES PHILIPPE *1960
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Additional information

This coin was not issued by the Banque Centrale du Congo for domestic circulation — it is one of dozens of collector-oriented issues struck under licensing arrangements that allowed the Democratic Republic of Congo to lend its issuing authority to private minting operations during the late 1990s. The practice generated hard currency for a government in severe fiscal distress following decades of kleptocracy under Mobutu and the chaos of the First Congo War. King Philippe of Belgium had no governing connection to the DRC by 1999; his appearance here is purely a collector conceit.