Lincoln On Coin

Discussion in 'World Coins' started by collect4fun, Jan 7, 2005.

  1. collect4fun

    collect4fun Senior Member

    While at the library the other day, I picked up the 2005 Krause World Coin book and was leafing thru it. To my suprise, I saw a coin with our 16th president on it from another country.

    Any one want to guess which coin and which country?
     
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  3. pawjtr

    pawjtr New Member

    i would guess it is liberia, they do stuff like that.
     
  4. collect4fun

    collect4fun Senior Member

    Right continent, wrong country.
     
  5. Andy

    Andy Coin Collector

    Liberia would be a great guess and mine as well since it was Lincoln's idea to settle former slaves there and those freed slaves ended up running the country one way or another ever since. I would think it would be a Western African nation that had no colonial ties to France or England . I'm not strong on Africa so you got me beat on this one.
     
  6. cholmes75

    cholmes75 New Member

    South Africa?
     
  7. chrisild

    chrisild Coin Collector

    Somalia would be another one of the usual suspects when it comes to pseudo coins "from" Africa ;-)

    Christian
     
  8. collect4fun

    collect4fun Senior Member

    It is an African country located new the "Equator" ;)
     
  9. chrisild

    chrisild Coin Collector

    Oh, one of those countries that have "Guinea" in their name? :) Ah, found it in the KM. Odd by the way that in the very same year (1970) an almost identical piece featuring Lenin was issued ...

    Christian
     
  10. collect4fun

    collect4fun Senior Member

    You are correct Sir !! It was a 1970 Equatorial Guinea 75 pesetas.

    Now, were those coins for circulation or just some type of commerative? Why would another country put one of our presidents on their coins?
     
  11. satootoko

    satootoko Retired

    That's easy - there are a lot more collectors in the US to hype their "coins" to than there are in Equatorial Guinea. :mad:
     
  12. chrisild

    chrisild Coin Collector

    Also, from what I know, some countries will "issue" commems at the request of major coin dealers (resellers). All the local government does is allow some company to mint "coins" in and with the name of the country. The company can then sell those "coins" to collectors, stating that they are legal tender in Soandso. (Which they sometimes are for a very short period of time only.) The government of Soandso then gets part of the revenue - and of course the coins are never actually sighted in the issuing country ...

    Christian
     
  13. Andy

    Andy Coin Collector

    Well I got the area right anyway. West Africa and right under Cameroon, where French is still very much spoken.
    If the coins were both from 1970, I wonder if they were playing cold war politics by, pardon the pun, playing both sides of the coin.
     
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