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- Spot Silver Price: $30.03
Silver coins were in regular circulation in Belgian Congo. The values below represent the intrinsic value of silver coins from Belgian Congo.
Belgian Congo silver coins that are in uncirculated condition, or that may be rare and collectible may also have numismatic value. You can use this table as a guide when buying and selling circulated silver coins from Belgian Congo.
The melt values are calculated and displayed in USD based on the today's silver spot price of $30.03 per troy ounce.
| Denomination / Currency | Years Minted | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Melt Value |
|---|---|---|---|---|---|---|
| 50 Francs | 1944 | .500 | 17.5 | 8.75 | .2813 | $8.45 |
The Belgian Congo, a vast region in Central Africa, was a colony under Belgian rule from 1908 until its independence in 1960. The use of silver coins as currency played a significant role in the economic history of the region, reflecting broader colonial economic strategies and the integration of local economies into the global monetary system.
Before the advent of colonial rule, the region that became the Belgian Congo used a variety of local currencies, including barter systems and cowrie shells. With the establishment of the Congo Free State by King Leopold II of Belgium in 1885, and its subsequent transition to a formal Belgian colony in 1908, there was a concerted effort to introduce a standardized currency to facilitate trade and taxation.
The silver coins introduced in the Belgian Congo were typically minted in Belgium and shipped to the colony.
They were denominated in the franc, which was subdivided into centimes. Coins bore images significant to both the colonial authorities and the local populace. The obverse often depicted the reigning Belgian monarch, while the reverse featured symbols such as the elephant, which was culturally significant in the region.