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500 Sika - Elizabeth II Egyptian Navigators

Issuer Ghana › Ghana (1957-date)
Year 2002
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Composition Silver (.900)
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Obverse description Crowned effigy of Queen Elizabeth II facing right occupies the upper central field, with a small engraver's initials visible at the truncation. The Ghanaian national arms rendered as a shield appear in the lower central field below the portrait. Thirteen five-pointed stars are evenly distributed around the inner border. The legend GHANA arcs along the upper rim, while the denomination 500 SIKA is inscribed along the lower rim in serif lettering.
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Mintage 2002 - Proof - 15,000
Additional information

Ghana's "Egyptian Navigators" issue belongs to a wave of thematic silver coins produced for the international collector market in the early 2000s, when a number of smaller Commonwealth nations licensed their sovereignty to generate revenue through numismatic programs largely designed and distributed by European marketing firms. The coins had no meaningful circulation in Ghana itself.

The historical premise — Egyptian maritime navigation — draws on scholarly debate that was particularly active in the 1990s surrounding pre-Phoenician seafaring in the Mediterranean and Red Sea.

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