1 AEB 2002: A Commemorative Coin of the African Economic Community
Introduction
In 2002, the African Economic Community (AEC) issued a commemorative coin to celebrate the organization's 25th anniversary. The coin, denominated as 1 AEB (African Economic Bloc), was a significant release that highlighted the AEC's commitment to promoting economic integration and cooperation among its member states.
Design and Specifications
The 1 AEB 2002 coin features a unique design that reflects the AEC's vision and objectives. The obverse side of the coin depicts the AEC's logo, which consists of a map of Africa surrounded by a circle with the organization's name inscribed in French and English. The reverse side shows a stylized image of a map of Africa, with the words "25ème Anniversaire" (25th Anniversary) written in French and "Silver 2002" inscribed below.
The coin is made of silver, with a fineness of 0.925, and has a weight of 28.28 grams. It has a diameter of 38.61 mm and a thickness of 2.7 mm. The coin's edge is reeded, and it has a proof finish.
Mintage and Rarity
The 1 AEB 2002 coin was minted in a limited quantity of 5,000 pieces, making it a rare and sought-after collector's item. The coin was issued in a capsules and accompanied by a certificate of authenticity.
Numismatic Value
The 1 AEB 2002 coin is highly prized among numismatists and collectors due to its limited mintage and unique design. The coin's value can range from several hundred to several thousand dollars, depending on its condition, rarity, and demand.
Conclusion
The 1 AEB 2002 coin is a significant numismatic release that commemorates the African Economic Community's 25th anniversary. Its unique design, limited mintage, and rarity make it a highly sought-after collector's item. For collectors of African coins and those interested in the history of the AEC, the 1 AEB 2002 coin is a must-have addition to their collection.
