The Democratic Republic of the Congo normally uses banknotes for circulation, and does not issue coins in the Congolese Franc currency. However, the country has authorised some foreign mints to issue commemorative and bullion coins under its jurisdiction.
Most of them are in standard bullion sizes, but some are not. CIT issued a series of silver 10 Francs and Five Francs in their own format, in 25 to 27 grams of silver. The coins are considered "Non-Circulating Legal Tender" (NCLT) and not bullion because they are issued at prices higher than their bullion value and are targeted at collectors who appreciate them for their artistic or sentimental value, and not at investors in precious metals.
This coin is part of the Historical Cars collection, and features the Cadillac Opera C.
Having a 4 cylinder motor with 30 PS and the elegant outfit resulted in the success of 75,000 cars which have been produced and sold in the following years. This model generated the high reputation of luxury cars in the US, build by the company. Their cars have been the first to used electricity for the reflectors as well. Later the company merged with General Motors but the brand name was retained and is still a mark of luxury. |