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Heritage World Coin Auctions
ANA Signature Sale 3066  17 Aug 2018
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Lot 30147

Estimate: 9000 USD
Price realized: 13 000 USD
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Biafra
Independent Republic. "Independence and Liberty" silver Crown 1969 MS65 NGC, KM5. Obv. Bust of Chukwuemeka Odumegwu Ojukwu right, with date below. Rev. Coconut palm tree in beaded circle with date below and "Independence and Liberty" above. Boldly struck and lustrous, with a touch of light gray-russet patina. Only a very few tiny marks are noted. A portion of Eastern Nigeria is home largely to members of the Ibo tribe. This area seceded from Nigeria in 1967 and began a war against the federal government of Nigeria that lasted almost three years and claimed over 2,000,000 lives in that period. Biafra surrendered to the government on January 15, 1970, thus ending the brief, and bloody war. This type Crown is extremely rare, with only two examples sold, that we can reference, in the last 10+ years. The last sale was an MS61 NGC sold at auction by Steve Album Rare Coins on January 19, 2017, Lot 1166, for a hammer price of $7,500. The only other sale was of an AU58 example in 2014. A total of only 6 pieces have been certified by NGC and PCGS combined, with the piece offered here being the single finest graded.

HID02901242017

Estimate: 9000-12000 USD
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