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100 Pesetas Guineanas Maja Desnuda

Issuer Banco Central de Guinea Ecuatorial
Year 1970
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Composition Silver (.999)
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Obverse description The national coat of arms of Equatorial Guinea occupies the upper central field, depicting a silk-cotton tree (Ceiba pentandra) on a shield, flanked by six six-pointed stars above and a scroll bearing the motto UNIDAD PAZ JUSTICIA below. Two large elephant tusks cross diagonally behind the shield, their tips pointing upward to the left and right. The legend REP. DE GUINEA ECUATORIAL arcs around the upper periphery, while the denomination 100 PESETAS GUINEANAS is inscribed along the lower rim. The fineness mark LEY 9999 appears to the lower left of the shield and the date 1970 to the lower right, with a small oval fineness stamp visible at the base of one tusk.
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Obverse lettering REP. DE GUINEA ECUATORIAL LEY 9999 1970 100 PESETAS GUINEANAS
(Translation: Republic of Equatorial Guinea .9999 Purity 100 Guinean Pesetas)
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Additional information

Equatorial Guinea gained independence from Spain in October 1968, and within two years the fledgling state was issuing silver collector pieces aimed almost entirely at the international numismatic market rather than domestic circulation. This coin was part of a broader 1970 proof series clearly designed to generate hard currency for a government that had virtually none.

The choice to borrow Goya's painting for a newly independent African nation's coinage is an oddity that has never been satisfactorily explained — Spanish cultural imprint on the former colony running so deep that its first commemorative series leaned on a Madrid canvas.

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