Chad 1970 3000 francs

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from the Stack's Bowers 2020 Collector's Choice sale, lot 70330
Chad SB220-70330r.jpg

This specimen was lot 70330 in Stack's Bowers Collector's Choice sale (Santa Ana, CA, February 2020), where it sold for $600. The catalog description[1] noted, "CHAD. 3000 Francs, ND (1970)-NI. NGC PROOF-66 Ultra Cameo. Issued to honor Félix Éboué. A few toning spots are observed.

'Adolphe Sylvestre Félix Éboué (1884-1944) was a French colonial administrator and Free French leader. He was the first black French man appointed to a high post in the French colonies, when appointed as Governor of Guadeloupe in 1936. As governor of Chad (part of French Equatorial Africa) during most of World War II, he helped build support for Charles de Gaulle's Free French in 1940.... He supported educated Africans and placed more in the colonial administration, as well as supporting preservation of African culture. He was the first black person to have his ashes placed at the Pantheon in Paris after his death in 1944.' --Wikipedia."

Chad, independent since 1960, finds herself stretched across the Sahara and Sahel of Africa. Recurrent droughts stoke ethnic conflicts which periodically erupt into civil war. Recent discoveries of oil enable the ruling elite to retain its hold on power.

Recorded mintage: 4,000 + proofs.

Specification: 10.50 g, 0.900 fine gold, 0.3038 troy oz AGW.

Catalog reference: Fr-4; KM-9.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Richard Ponterio and Kyle Ponterio, The February 2020 Collector's Choice sale: World and Ancient Coins, Santa Ana, CA: Stack's Bowers LLC, 2020.

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