Catalog
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| Issuer | Equatorial Guinea |
|---|---|
| Year | 1970 |
| Type | Non-circulating coin |
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| Reverse description | A large facing bust of Mahatma Gandhi occupies the central field, rendered in high relief with characteristic bald head, round spectacles, and modest attire. Two olive branches frame the portrait on the left and right sides, rising from the lower field toward the upper periphery. The birth and centenary years 1869 and 1969 flank the bust in the lower left and right fields respectively, while the legend CENTENARIO M.GANDHI curves along the lower border, commemorating the centenary of Gandhi's birth. |
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| Mintage | 1970 - Proof - 4,000 |
| 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.