Equatorial Guinea has a long history of issuing coins with no plausible domestic circulation purpose, and this Plateosaurus piece is squarely in that tradition. The country adopted the CFA franc as its currency in 1985 after years of economic collapse following the Macías Nguema dictatorship, yet continued licensing its name to foreign minting operations producing collector pieces in denominations that never saw a single transaction on Equatoguinean soil.
The 7,000 francos denomination was used across several of these dinosaur-themed issues struck for the international collector market in the early 1990s.
Equatorial Guinea has a long history of issuing coins with no plausible domestic circulation purpose, and this Plateosaurus piece is squarely in that tradition. The country adopted the CFA franc as its currency in 1985 after years of economic collapse following the Macías Nguema dictatorship, yet continued licensing its name to foreign minting operations producing collector pieces in denominations that never saw a single transaction on Equatoguinean soil.
The 7,000 francos denomination was used across several of these dinosaur-themed issues struck for the international collector market in the early 1990s.