Equatorial Guinea 1979 10000 ekuele

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Stack's Bowers November 2023 Collector's Choice sale, lot 73270
SB1123-73270r.jpg

This specimen was lot 73270 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, November 2023), where it sold for $1,080. The catalog description[1] noted, "EQUATORIAL GUINEA. Gold 10000 Eku, "79" (1979). Madrid Mint. PCGS PROOF-69 Deep Cameo. Struck to commemorate the 1978 World Cup in Argentina. A SCARCE type from a relatively miniscule mintage. Heavily mirrored with fully intact frost over the devices." Altho struck in Madrid, the NCLT shows traces of a hasty design in the clumsy layout and lettering. Wikipedia comments,

"The ekwele or ekuele was the currency of Equatorial Guinea between 1975 and 1985. Although nominally divided into 100 céntimos, no subdivisions were issued. The name ekuele (plural the same) was used until 1979, whilst ekwele (plural bipkwele) was used after. The renaming of the currency to "ekwele" from "peseta" was motivated largely by a sweeping Africanization program meant to rid the country of its colonial past by removing Spanish names and references."

Recorded mintage: 121.

Specification: 13.92 g, 0.917 fine gold, AGW: 0.4104 oz.

Catalog reference: KM-41.

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, Kyle Ponterio and Jeremy Bostwick, November 2023 World Collectors Choice Online Auction - Ancient & World Coins, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

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