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1970 NI GOLD CHAD 20,000 FRANCS NGC PROOF 64 ULTRA CAMEO "COMMEMORATING THE 10th ANNIVERSARY OF INDEPENDENCE"

1970 NI GOLD CHAD 20,000 FRANCS NGC PROOF 64 ULTRA CAMEO "COMMEMORATING THE 10th ANNIVERSARY OF INDEPENDENCE"
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Country of Origin: Chad

REPUBLIC OF CHAD

COMMEMORATING THE 10th ANNIVERSARY OF INDEPENDENCE

MASSIVE (2+ OZS) GOLD ISSUE

 CERTIFIED BY NGC PROOF 64 ULTRA CAMEO

OBV: PORTRAIT BUST OF PRESIDENT TOMBALBAYE LEFT; ENGRAVER NAME AND DATE RIGHT OF BUST TRUNCATION.

REV: RISING SUN ABOVE NATIONAL ARMS WITH GOAT AND LION SUPPORTERS, MOTTO SCROLL BENEATH; DENOMINATION AT BOTTOM FLANKED BY MINT PRIVY MARK AND NUMBER.

KM # 12

AFTER WWII CHAD WAS GRANTED THE STATUS OF AN OVERSEAS TERRITORY BY FRANCE, THE COUNTRY WAS TO ELECT REPRESENTATIVES TO THE FRENCH NATIONAL ASSEMBLY, AND FORM ITS OWN NATIONAL ASSEMBLY. FULL INDEPENDENCE WAS GRANTED ON AUGUST 11, 1960.

ITS FIRST PRESIDENT, FRAÇOIS ( N'GARTA) TOMBALBAYE (b. 1918; d. 1975), CREATED A ONE PARTY SYSTEM AND ESTABLISHED AUTOCRATIC RULE. HIS INSENSITIVE MISMANAGEMENT OF THE GOVERNMENT LED TO CIVIL WAR BY THE MUSLIM POPULATION. DURING THE COURSE OF HIS RULE, TOMBALBAYE ARRESTED MILITARY OFFICERS INCLUDING THE CHIEF OF STAFF FOR SUSPICION OF STAGING A COUP. HIS UNDERMINING OF THE MILITARY, AND THEIR PERVASIVE OPINION OF HIS MISHANDLING OF THE CIVIL WAR, CULMINATED IN HIS DEATH DURING A BLOODY BATTLE DURING A COUP BY THE MILITARY IN 1975.

CONTAINS 70 GRAMS OF .900 FINE GOLD (2.0254 OZS AGW)

53 MM IN DIAMETER

ONLY 4,000 ORIGINALLY MINTED, VERY FEW SURVIVE TODAY!

ENGRAVER G. SIMON

MINTED AT NUMISMATIC ITALIANO, AREZZO, ITALY

 

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