The Rwandan Franc was introduced as the currency of Rwanda in 1964. Apart from its regular circulating coinage, the country has also authorised some foreign mints to issue coins under its jurisdiction, which come in a variety of sizes - including in the internationally popular silver ounce (1 oz silver) format, denominated usually as 50 Francs. Like any bullion coin though, their actual value is unrelated to the face value, and is based primarily on the metal content and the spot price of that metal on the commodities markets.
This coin is part of the Rwandan Nautical Ounce series which features a new reverse design every year, and commemorates the Great Eastern ship.
SS Great Eastern was an iron sail-powered, paddle wheel and screw-propelled steamship designed by Isambard Kingdom Brunel, and built by John Scott Russell & Co. at Millwall Iron Works on the River Thames, London, England. She was by far the largest ship ever built at the time of her 1858 launch, and had the capacity to carry 4,000 passengers from England to Australia without refueling. Her length of 211 m was surpassed only in 1899 by the RMS Oceanic, her gross tonnage of 18,915 was only surpassed in 1901 by the RMS Celtic and her 4,000-passenger capacity was surpassed in 1913 by the 4,234-passenger SS Imperator. The ship having five funnels (which were later reduced to four) was unusual for the time. The vessel also had the largest set of paddle wheels.
Brunel knew her affectionately as the "Great Babe". He died in 1859 shortly after her maiden voyage, during which she was damaged by an explosion. After repairs, she plied for several years as a passenger liner between Britain and North America before being converted to a cable-laying ship and laying the first lasting transatlantic telegraph cable in 1866. Finishing her life as a floating music hall and advertising hoarding (for the department store Lewis's) in Liverpool, she was broken up on Merseyside in 1889. |
| Obverse | |
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Within a plain rim, the obverse of the coin features the Coat of Arms of Rwanda. At its centre is a traditional basket, surrounded by the central tribal devices: a stem of sorghum on the left, and a branch of a coffee tree on the right, surmounted on a cog wheel with the sun with its rays above. These are protected by two typical Rwandan shields, one on the right and one on the left. The design is encircled by a rope, tied below in a square knot.
On a ribbon above, REPUBULIKA Y'U RWANDA (Republic of Rwanda); on a ribbon below, the motto UBUMWE · UMURIMO · GUKUNDA IGIHUGU (Unity, Work, Patriotism in Kinyarwanda - the official Rwandan language).
Around above, the name of the issuing authority: BANKI NKURU Y'U RWANDA (National Bank of Rwanda; in French: Banque Nationale du Rwanda; abbreviated as BNR).
Around below, the face value AMAFARANGA 50 MIRONGO ITANU (50 FRW - fifty Rwandan Francs). |
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| Reverse | |
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The reverse design depicts the Great Eastern ship in motion.
Above right, a compass rose (sometimes called a "wind rose") showing the main directions, with "rhumb lines" radiating from it into the background of the design. In an oval above the ship, encircled by a rope, navigational instruments of the time: spyglass, compass and sextant.
On the waves below, the name of the ship: Great Eastern.
Around left, the name of the coin series: NAUTICAL OUNCE.
Around above right, the date of issue 2023. Around below right, facing outward, the precious metal content: 1 oz FINE SILVER 999 (one troy ounce of 99.9% silver). |
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