-
Inventory:
1 In Stock
- Product ID: 44205
Checkout
The Guinea-Bissau 2 1/2 Pesos 1977 KM#19 UNC is a significant numismatic artifact that provides a comprehensive view into the early years of Guinea-Bissau's independence. Located in West Africa, Guinea-Bissau achieved independence from Portuguese colonial rule in 1974, and this coin represents a period of newfound national identity and economic restructuring.
After gaining independence, Guinea-Bissau introduced its own currency to replace the Portuguese escudo. The 2 1/2 Pesos coin, minted in 1977, is one of the early examples of this new currency. This coin was produced to facilitate local commerce and trade, and its issuance marked a significant step in the establishment of Guinea-Bissau’s economic sovereignty. The introduction of the peso was a crucial part of the broader efforts to stabilize the economy and assert national independence.
The obverse of the Guinea-Bissau 2 1/2 Pesos 1977 KM#19 UNC features the coat of arms of Guinea-Bissau, which includes a black star, a symbol of African unity, and a seashell, representing the maritime heritage of the nation. The reverse side of the coin displays the denomination "2 1/2 PESOS" along with the year of mintage, 1977. The design of this coin reflects both the cultural heritage and the aspirations of the newly independent nation. The symbols used are significant in portraying the identity and values of Guinea-Bissau, emphasizing unity and independence.
The mintage of the Guinea-Bissau 2 1/2 Pesos 1977 KM#19 UNC was influenced by the economic needs of the country during its early years of independence. Coins of this denomination were produced in quantities sufficient to meet the demand for higher-denomination currency used in larger transactions by local residents and businesses. The 2 1/2 Pesos coin played a crucial role in the local economy, especially for significant purchases and savings. This mintage reflects Guinea-Bissau’s efforts to create a stable and functional monetary system in the wake of independence.
The condition of the Guinea-Bissau 2 1/2 Pesos 1977 KM#19 UNC is Uncirculated (UNC), indicating that the coin retains its original mint luster and has not been subjected to wear from circulation. UNC-grade coins are highly prized by collectors for their pristine condition and sharp details, providing a clear representation of the design as intended by the mint. The excellent preservation of this coin makes it a valuable addition to any numismatic collection, especially those focusing on African or post-colonial coinage.
An interesting fact about Guinea-Bissau is its struggle for independence, which was marked by a prolonged liberation war against Portuguese colonial forces. Led by the African Party for the Independence of Guinea and Cape Verde (PAIGC), the movement for independence was characterized by guerrilla warfare and significant political organization. The country declared its independence unilaterally in 1973, and after the Carnation Revolution in Portugal in 1974, Guinea-Bissau's independence was formally recognized. This coin, minted just a few years after independence, symbolizes the nation’s efforts to establish its own identity and economic system.
In conclusion, the Guinea-Bissau 2 1/2 Pesos 1977 KM#19 UNC serves as both a historical artifact and a numismatic treasure, offering valuable insights into Guinea-Bissau’s early years as an independent nation. Minted with historical significance, this coin represents not only a piece of numismatic interest but also embodies the cultural heritage and economic aspirations of Guinea-Bissau. Collectors and history enthusiasts alike value this coin for its aesthetic appeal, its role in documenting Guinea-Bissau's rich historical narrative, and its contribution to understanding the country’s economic history. The Guinea-Bissau 2 1/2 Pesos 1977 KM#19 UNC stands as a testament to the nation’s enduring legacy and its place in the broader tapestry of African and post-colonial numismatics, preserving a piece of history that continues to fascinate and inform.