Mozambique 1982 2-1/2 meticais

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from the Mountain Groan Collection
Mozambique 1982 2-5 meticais rev DSLR.jpg

Mozambique became a possession of the Portuguese after a series of agreements with local sultans along the southeast coast of Africa. The first trading post was established in 1505. It remained a Portuguese colony until 1975, when, after a protracted civil war, it was granted independence from Portugal. Coinage of colonial Mozambique was a mixture of countermarked foreign silver coins and regular coinage. A series of coins was issued in 1975, immediately after independence; these are rare today. This aluminum 2½ meticais was issued 1980-82 and 1986. In 1981, US$1 = 29.4 meticais; as of September 2019, US$1 = 61.6 meticais.

Recorded mintage: unknown but common.

Specification: 2 g, aluminum, 22.6 mm diameter.

Catalog reference: KM 100.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

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