Scottsdale issues Queen Nefertiti 5-ounce silver coin
- Published: Oct 30, 2017, 4 AM
An American company has coordinated the release of a coin for the African country of Chad, with a theme celebrating ancient Egypt.
The Scottsdale Mint’s latest release in the Egyptian Relic series celebrates Queen Nefertiti, the Egyptian queen and great royal wife of Akhenaten, an Egyptian pharaoh.
Astute collectors find that buying a ‘problem coin’ can be a bit of a balancing act, but the rewards can be great. Also in our Nov. 6 issue, Michael Fahey offers some tips on grading Mint State Barber half dollars.
The 5-ounce silver coin is denominated 3,000 francs CFA.
The “rimless” design honoring the ancient queen is struck 11.8 millimeters thick and in a style to replicate a hand-carved Egyptian relic.
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The coin features a hand-brushed antique Proof finish and a distinct incuse design and a rough finish, to imitate the appearance of an ancient well-circulated coin.
A right-facing profile of Nefertiti appears on the obverse against a background filled with Egyptian hieroglyphs.
The reverse shows the national crest of the Republic of Chad. The design includes a shield in the center, with a lion on the right and a goat on the left.
The national motto, common to many former French colonies, “Unite Travail Progres,” appears on a banner below. The nation of issue is inscribed along with the face value, year of issue, weight, metal content, and purity.
The coin measures 42 millimeters in diameter and has a maximum mintage of 30,000 coins.
Single coins are packed in an individual glossy gift box, and multiples of four coins arrive in a larger box.
The coin is available through distributors now at various prices based on the quantity purchased and payment method. Prices for the 5-ounce coin are generally around $4 per ounce above the silver or “spot” price.
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