Catalog
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| Issuer | Republic of Guinea |
|---|---|
| Year | 1970 |
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| Value | 500 Francs |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Central shield of the Guinean coat of arms depicting an elephant passant, flanked by two stalks of millet and supported by scrolled ribbons bearing the national motto TRAVAIL JUSTICE SOLIDARITE. A dove in flight carrying an olive branch surmounts the shield. The date 1970 appears below the shield in the field, with the denomination 500 FRANCS GUINEENS in large characters beneath. The commemorative legend 1958-1968 X·ANNIVERSAIRE arcs along the upper periphery within a beaded border, denoting the tenth anniversary of Guinean independence. |
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| Additional information |
Guinea's 1970 commemorative silver program was issued just over a decade after independence from France, during Sékou Touré's increasingly authoritarian single-party state. The series was produced largely for export — collector markets in Europe and North America — rather than domestic circulation, as Guinea had effectively severed its financial ties with the French monetary zone in 1960 by refusing to join the CFA franc system, a decision that left the country economically isolated and reliant on foreign currency earnings wherever it could find them.