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50 Francs HMS Victory

Issuer National Bank of Rwanda
Year 2025
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Value 50 Francs (Amafaranga)
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Obverse script Latin
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Reverse description A highly detailed rendering of HMS Victory, the Royal Navy's celebrated first-rate ship of the line, is depicted under full sail at sea, her multiple gun decks and intricate rigging faithfully rendered in high relief. A large compass rose dominates the upper right portion of the field, its cardinal points clearly delineated, evoking the navigational heritage of the age of sail. At the upper left, an oval cartouche framed by a rope border encloses a sextant and telescope, emblematic instruments of maritime navigation. The ship's name HMS VICTORY appears in a wave-scroll banner in the lower field, while the legends NAUTICAL OUNCE and 1oz FINE SILVER 999 are inscribed along the left and lower right periphery respectively, with the date 2025 at upper right.
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Additional information

HMS Victory is best known as Nelson's flagship at Trafalgar in 1805, but the ship was already 40 years old by that battle — launched at Chatham in 1765, she had served in the American Revolutionary War and the French Revolutionary Wars before her most famous engagement. Rwanda's connection to British naval history is, to put it plainly, nonexistent, placing this squarely in the category of internationally licensed bullion-adjacent issues produced for the collector export market rather than domestic circulation.

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