| Coin | Silver Ounce 2020 Crypto Series - Litecoin |
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The Republic of Chad uses the Central African CFA Franc as its currency; it is the common currency of six independent states in central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. The CFA Franc has both common and national issues. All common circulating coins are issued under the authority of CEMAC ("Communauté Économique et Monétaire de l'Afrique Centrale" - Economic and Monetary Community of Central Africa) and have no issuing country. Separately, each member country can strike coins bearing its national symbols; these coins are legal tender in the other members of the bloc too.
Chad has authorised some foreign mints to strike coins under its issuing authority for collector's purposes, or as bullion. These are usually dedicated to historical or general popular culture themes not related to the country itself. Many of them are in standard bullion sizes, such as the internationally popular one troy ounce of silver format, such as this coin.
This coin is part of the Crypto Series dedicated to "crypto currencies", and features Litecoin. |
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| Obverse | |
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The obverse of the coin is styled as a printed circuit board (PCB).
In a small rectangle (like a chip on the board) is the Coat of Arms of the Republic of Chad.
In a similar manner below left, the face value 5000 FRANCS CFA (five thousand Central African CFA Francs). Above right, the date of issue 2020.
The name of the issuing country is not actually inscribed on the coin. |
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| Obverse Inscription |
5000 FRANCS CFA 2020 |
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| Reverse | |
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At centre, the reverse of the coin depicts the symbol for Litecoin, Ł below which the motto VIRES IN NUMERIS (from Latin: "strength in numbers"), surrounded by a PCB-like design.
Around the rim, a long hexadecimal number supposed to be the unique (???) number of each coin, and · LITECOIN ·. |
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| Reverse Inscription |
Ł VIRES IN NUMERIS · LITECOIN · |
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| Edge | Milled | Edge Inscription | None |
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| Notes | Finish: bullion (Brilliant Uncirculated).
Packaging: in blister pack, or tube of 20, or monster box of 600 coins.
Mintage limit was announced as 25,000, which probably includes the two varieties listed below.
It seems that the "Crypto" series of legal tender coins was initiated by a Singapore-based company called Rearden Metals, which has since become defunct. The series was later continued by other mints, with reverse designs based on the Bitcoin design. |
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