Chad 1970 300 francs
This specimen was part of lot 1968 in Jean Elsen sale 147 (Brussels, June 2021), which sold for €520 (about US$760 including buyer's fees). The catalog description[1] noted,
"TCHAD, République (1960-), série de 5 monnaies frappées en 1970 pour commémorer le 10eanniversaire de l'Indépendance: 300 francs, J.F. Kennedy; 200 francs, M. Luther King, Nasser et de Gaulle; 100 francs, R. Kennedy. K.M. 1, 4-7. Dans les pochettes en papier originales de la Monnaie de Belgique. Patines inégales. Fleur de Coin. (republic of Chad, series of five coins struck in 1970 to commemorate the tenth anniversary of independence, including 300 francs, 200 francs (3 pieces) and 100 francs. Included are the original paper envelopes of the Belgian mint. Uneven toning, Uncirculated.)"
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. Other than this series of NCLT's from 1970, Chadian coinage is very scanty.
Recorded mintage: 504.
Specification: 25 g, 0.925 fine silver, 42 mm diameter.
Catalog reference: KM 7.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Elsen, Philippe, et al., Vente Publique 147: Monnaies, Médailles et Décorations, Brussels: Jean Elsen et ses Fils S.A., 2021.
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