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1 Dollar European Currency - Belgium
| Issuer | Liberia |
|---|---|
| Year | 2002 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | KM#1034 |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | REPUBLIC OF LIBERIA - 2002 - $1 |
| Reverse description | Log in to see details |
| Reverse script | Log in to see details |
| Reverse lettering | Log in to see details |
| Edge | Log in to see details |
| Mint | Log in to see details |
| Mintage | Log in to see details |
| Additional information |
Liberia's early 2000s dollar series exploited a legal loophole allowing the country to issue commemorative coinage with essentially no obligation to back it with reserves or circulate it domestically. The Belgian franc had already ceased to be legal tender on 1 January 2002 — the same year this piece was struck — making it a memorial to a currency that had existed in some form since 1832.
These pieces were produced for the collector market and never circulated. The silver plating over copper kept costs low enough to sell at significant markup through television shopping channels and mail-order catalogs throughout Europe.