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75 Pesetas Guineanas Mahatma Gandhi
| Issuer | Equatorial Guinea |
|---|---|
| Year | 1970 |
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| Composition | Log in to see details |
| Weight | 15.0 g |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Equatorial Guinea gained independence from Spain in October 1968, and by 1970 the government of Francisco Macías Nguema had begun issuing a series of foreign-market collector coins with virtually no connection to the country's own history or economy. Gandhi was simply a bankable subject. These issues were produced for export and profit, minted by the Spanish Fábrica Nacional de Moneda y Timbre, and never meaningfully circulated within the country itself.
Macías Nguema would go on to declare himself president-for-life and pursue one of the most brutal dictatorships in African postcolonial history — an incongruous footnote for a coin honoring nonviolent resistance.