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 is the fourth release in the Celtic Animals series and features a striking image of an ox.
The Celtic people valued the ox for his enduring physical productivity, and when the clan was in trouble the ox became symbolic protectors.
The Celtic Animals Series features 1 oz Silver coins with an image of different animals, each with a Celtic artistic depiction. These coins have limited mintages, along with a changing design per release, adding to their collectibility. |